Wolverine World Wide Stock Price on December 16, 2024

WWW Stock  USD 23.51  0.17  0.72%   
Below is the normalized historical share price chart for Wolverine World Wide extending back to November 05, 1984. This chart has been adjusted for all splits and dividends and is plotted against all major global economic recessions. As of today, the current price of Wolverine World stands at 23.51, as last reported on the 16th of December 2024, with the highest price reaching 24.02 and the lowest price hitting 23.34 during the day.
IPO Date
18th of December 1984
200 Day MA
14.411
50 Day MA
19.659
Beta
1.795
 
Black Monday
 
Oil Shock
 
Dot-com Bubble
 
Housing Crash
 
Credit Downgrade
 
Yuan Drop
 
Covid
If you're considering investing in Wolverine Stock, it is important to understand the factors that can impact its price. Wolverine World appears to be somewhat reliable, given 3 months investment horizon. Wolverine World Wide shows Sharpe Ratio of 0.16, which attests that the company had a 0.16% return per unit of risk over the last 3 months. By examining Wolverine World's technical indicators, you can evaluate if the expected return of 0.81% is justified by implied risk. Please utilize Wolverine World's Downside Deviation of 2.11, market risk adjusted performance of 0.8267, and Mean Deviation of 2.46 to validate if our risk estimates are consistent with your expectations.
  
At this time, Wolverine World's Total Stockholder Equity is fairly stable compared to the past year. Common Stock Shares Outstanding is likely to climb to about 86.1 M in 2024, despite the fact that Other Stockholder Equity is likely to grow to (500.6 M). . Price Earnings To Growth Ratio is likely to climb to 0.01 in 2024, whereas Price To Sales Ratio is likely to drop 0.28 in 2024. Wolverine Stock price history is provided at the adjusted basis, taking into account all of the recent filings.

Sharpe Ratio = 0.162

Best PortfolioBest Equity
Good Returns
Average Returns
Small ReturnsWWW
CashSmall RiskAverage RiskHigh RiskHuge Risk
Negative Returns

Estimated Market Risk

 5.02
  actual daily
44
56% of assets are more volatile

Expected Return

 0.81
  actual daily
16
84% of assets have higher returns

Risk-Adjusted Return

 0.16
  actual daily
12
88% of assets perform better
Based on monthly moving average Wolverine World is performing at about 12% 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 Wolverine World by adding it to a well-diversified portfolio.
Price Book
6.5338
Enterprise Value Ebitda
(14.87)
Price Sales
1.0534
Shares Float
79 M
Dividend Share
0.4

Wolverine World Valuation on December 16, 2024

It is possible to determine the worth of Wolverine World on a given historical date. On December 16, 2024 Wolverine was worth 23.87 at the beginning of the trading date compared to the closed value of 23.51. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Wolverine World stock. Still, in general, we apply an absolute valuation method to find Wolverine World'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 Wolverine World where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Wolverine World's related companies.
 Open High Low Close Volume
  23.87    24.02    23.34    23.51    705,459  
12/16/2024
  23.87    24.02    23.34    23.51    0.00  
Backtest Wolverine World  |  Wolverine World History  |  Wolverine World Valuation   Previous
Open Value
23.87
23.51
Closing Value
38.93
Upside

Wolverine World Trading Date Momentum on December 16, 2024

On December 16 2024 Wolverine World Wide was traded for  23.51  at the closing time. Highest Wolverine World's price during the trading hours was 24.02  and the lowest price during the day was  23.34 . There was no trading activity during the period 0.0. Lack of trading volume on the 16th of December 2024 had no short-term effect on price fluctuation. The trading price change to current price is 1.53% .

Wolverine World Wide Fundamentals Correlations and Trends

By evaluating Wolverine World'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 Wolverine World's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Wolverine financial account trend analysis is a perfect complement when working with valuation or volatility modules.

About Wolverine World Stock history

Wolverine World 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 Wolverine is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Wolverine World Wide 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 Wolverine World stock prices may prove useful in developing a viable investing in Wolverine World
Last ReportedProjected for Next Year
Common Stock Shares Outstanding79.4 M86.1 M
Net Loss-169.5 M-161 M

Wolverine World Quarterly Net Working Capital

143.7 Million

Wolverine World Stock Technical Analysis

Wolverine World 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 Wolverine World technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of Wolverine World 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

Wolverine World Period Price Range

Low
December 16, 2024
0.00  NaN%
High

 0.00 

     

 0.00 

Wolverine World Wide cannot be verified against its exchange. Please verify the symbol is currently traded on New York Stock 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.

Wolverine World December 16, 2024 Market Strength

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

Wolverine World Technical and Predictive Indicators

Predictive indicators are helping investors to find signals for Wolverine World's price direction in advance. Along with the technical and fundamental analysis of Wolverine Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Wolverine 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.

Additional Tools for Wolverine Stock Analysis

When running Wolverine World's price analysis, check to measure Wolverine World'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 Wolverine World is operating at the current time. Most of Wolverine World's value examination focuses on studying past and present price action to predict the probability of Wolverine World's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Wolverine World's price. Additionally, you may evaluate how the addition of Wolverine World to your portfolios can decrease your overall portfolio volatility.