Weride American Depositary Stock Price on December 11, 2024

WRD Stock   16.00  0.08  0.50%   
If you're considering investing in WeRide Stock, it is important to understand the factors that can impact its price. As of today, the current price of WeRide American stands at 16.00, as last reported on the 12th of December 2024, with the highest price reaching 16.50 and the lowest price hitting 15.85 during the day. WeRide American appears to be moderately volatile, given 3 months investment horizon. WeRide American Depo shows Sharpe Ratio of 0.038, which attests that the company had a 0.038% return per unit of standard deviation over the last 3 months. We have found twenty-eight technical indicators for WeRide American Depo, which you can use to evaluate the volatility of the company. Please utilize WeRide American's Downside Deviation of 8.96, risk adjusted performance of 0.0368, and Mean Deviation of 6.33 to validate if our risk estimates are consistent with your expectations.
  
At present, WeRide American's Stock Based Compensation To Revenue is projected to drop slightly based on the last few years of reporting. . The current year's Price Earnings Ratio is expected to grow to 196.50, whereas Price To Sales Ratio is forecasted to decline to 26.53. WeRide Stock price history is provided at the adjusted basis, taking into account all of the recent filings.

Sharpe Ratio = 0.038

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Estimated Market Risk

 10.72
  actual daily
95
95% of assets are less volatile

Expected Return

 0.41
  actual daily
8
92% of assets have higher returns

Risk-Adjusted Return

 0.04
  actual daily
2
98% of assets perform better
Based on monthly moving average WeRide American is performing at about 2% of its full potential. If added to a well diversified portfolio the total return can be enhanced and market risk can be reduced. You can increase risk-adjusted return of WeRide American by adding it to a well-diversified portfolio.

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WeRide American Valuation on December 11, 2024

It is possible to determine the worth of WeRide American on a given historical date. On December 11, 2024 WeRide was worth 16.0 at the beginning of the trading date compared to the closed value of 16.0. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of WeRide American stock. Still, in general, we apply an absolute valuation method to find WeRide American's value based on its fundamental and technical indicators available within our service. As compared to an absolute model, our relative valuation model uses a comparative analysis of WeRide American where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against WeRide American's related companies.
 Open High Low Close Volume
  17.00    17.00    15.85    15.92    209,269  
12/11/2024
  16.00    16.50    15.85    16.00    141,500  
Backtest WeRide American  |  WeRide American History  |  WeRide American Valuation   Previous
Open Value
16.0
16.0
Closing Value
48.16
Upside

WeRide American Trading Date Momentum on December 11, 2024

On December 11 2024 WeRide American Depositary was traded for  16.00  at the closing time. Highest WeRide American's price during the trading hours was 16.50  and the lowest price during the day was  15.85 . The net volume was 141.5 K. The overall trading history on the 11th of December 2024 had no short-term effect on price fluctuation. The trading price change to current price is 0.00% .

WeRide American Depo Fundamentals Correlations and Trends

By evaluating WeRide American's financials over time, investors can gain insight into future company performance. However, you can also analyze the published financial statements to find patterns among WeRide American's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. WeRide financial account trend analysis is a perfect complement when working with valuation or volatility modules.

About WeRide American Stock history

WeRide American investors dedicate a lot of time and effort to gaining insight into how a market's past behavior relates to its future. Access to timely market data for WeRide is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in WeRide American Depo will depend on recognizing future opportunities and eliminating past mistakes. Historical data analysis is the study of market behavior over a given time. Recorded market-related data such as price, volatility, and volume can be quantified and studied over a defined period. Through a detailed examination of a market's past behavior, traders and investors can gain perspective on the inner workings of that market. The information obtained throughout analyzing WeRide American stock prices may prove useful in developing a viable investing in WeRide American
WildHorse Resource Development Corporation, an independent oil and natural gas company, focuses on the acquisition, exploitation, development, and production of oil, natural gas, and natural gas liquid resources. The company was founded in 2013 and is headquartered in Houston, Texas. WildHorse Resource operates under Oil Gas EP classification in USA and is traded on New York Stock Exchange. It employs 137 people.

WeRide American Stock Technical Analysis

WeRide American technical stock analysis exercises models and trading practices based on price and volume transformations, such as the moving averages, relative strength index, regressions, price and return correlations, business cycles, stock market cycles, or different charting patterns.
A focus of WeRide American technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of WeRide American trading pattern rather than external drivers such as economic, fundamental, or social events. It is believed that price action tends to repeat itself due to investors' collective, patterned behavior. Hence technical analysis focuses on identifiable price trends and conditions. More Info...

Price Boundaries

WeRide American Period Price Range

Low
December 12, 2024
0.00  NaN%
High

 0.00 

     

 0.00 

WeRide American Depositary cannot be verified against its exchange. Please verify the symbol is currently traded on NASDAQ Exchange. If you still believe the symbol you are trying to look up is valid, please let us know, and we will check it as soon as possible.

WeRide American December 12, 2024 Market Strength

Market strength indicators help investors to evaluate how WeRide American stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading WeRide American shares will generate the highest return on investment. By undertsting and applying WeRide American stock market strength indicators, traders can identify WeRide American Depositary entry and exit signals to maximize returns

WeRide American Technical and Predictive Indicators

Predictive indicators are helping investors to find signals for WeRide American's price direction in advance. Along with the technical and fundamental analysis of WeRide Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of WeRide to make sure they correctly time the market and exploit it's hidden potentials. Even though most predictive indicators are useful for the short-term horizon, it's virtually impossible to predict the unforeseen market. For traders with a short-term horizon, predictive indicators add value when properly applied. Long-term investors, however, may find many predictive indicators less useful.

Complementary Tools for WeRide Stock analysis

When running WeRide American's price analysis, check to measure WeRide American's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy WeRide American is operating at the current time. Most of WeRide American's value examination focuses on studying past and present price action to predict the probability of WeRide American's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move WeRide American's price. Additionally, you may evaluate how the addition of WeRide American to your portfolios can decrease your overall portfolio volatility.
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