WEG SA (Brazil) Price on September 24, 2018
WEGE3 Stock | BRL 38.55 0.23 0.59% |
If you're considering investing in WEG Stock, it is important to understand the factors that can impact its price. As of today, the current price of WEG SA stands at 38.55, as last reported on the 28th of March, with the highest price reaching 38.93 and the lowest price hitting 38.24 during the day. We consider WEG SA very steady. WEG SA shows Sharpe Ratio of 0.0783, which attests that the company had a 0.0783% return per unit of volatility over the last 3 months. We have found twenty-nine technical indicators for WEG SA, which you can use to evaluate the volatility of the company. Please check out WEG SA's Mean Deviation of 0.9875, risk adjusted performance of 0.0541, and Downside Deviation of 1.21 to validate if the risk estimate we provide is consistent with the expected return of 0.11%.
WEG Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
WEG |
Sharpe Ratio = 0.0783
Best Portfolio | Best Equity | |||
Good Returns | ||||
Average Returns | ||||
Small Returns | ||||
Cash | Small Risk | WEGE3 | High Risk | Huge Risk |
Negative Returns |
Estimated Market Risk
1.47 actual daily | 12 88% of assets are more volatile |
Expected Return
0.11 actual daily | 2 98% of assets have higher returns |
Risk-Adjusted Return
0.08 actual daily | 6 94% of assets perform better |
Based on monthly moving average WEG SA is performing at about 6% 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 WEG SA by adding it to a well-diversified portfolio.
Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.
MSFT | Microsoft | |
GOOG | Alphabet Class C | |
S | SentinelOne |
About WEG SA Stock history
WEG SA 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 WEG is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in WEG SA 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 WEG SA stock prices may prove useful in developing a viable investing in WEG SA
WEG S.A. engages in the production and trade of capital goods in Brazil and internationally. WEG S.A. is a subsidiary of WEG Participaes e Servios S.A. WEG S operates under Diversified Industrials classification in Brazil and is traded on Sao Paolo Stock Exchange.
WEG SA Stock Technical Analysis
WEG SA 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.
Price Boundaries
WEG SA Period Price Range
WEG SA March 28, 2024 Market Strength
Market strength indicators help investors to evaluate how WEG SA stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading WEG SA shares will generate the highest return on investment. By undertsting and applying WEG SA stock market strength indicators, traders can identify WEG SA entry and exit signals to maximize returns
Accumulation Distribution | 88007.35 | |||
Daily Balance Of Power | (0.33) | |||
Rate Of Daily Change | 0.99 | |||
Day Median Price | 38.59 | |||
Day Typical Price | 38.57 | |||
Price Action Indicator | (0.15) | |||
Period Momentum Indicator | (0.23) | |||
Relative Strength Index | 82.77 |
WEG SA Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for WEG SA's price direction in advance. Along with the technical and fundamental analysis of WEG Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of WEG 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.
Risk Adjusted Performance | 0.0541 | |||
Jensen Alpha | 0.1114 | |||
Total Risk Alpha | (0.20) | |||
Sortino Ratio | (0.01) | |||
Treynor Ratio | 37.27 |
Cycle Indicators | ||
Math Operators | ||
Math Transform | ||
Momentum Indicators | ||
Overlap Studies | ||
Pattern Recognition | ||
Price Transform | ||
Statistic Functions | ||
Volatility Indicators | ||
Volume Indicators |
Check out Your Current Watchlist to better understand how to build diversified portfolios, which includes a position in WEG SA. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in nation. Note that the WEG SA information on this page should be used as a complementary analysis to other WEG SA's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Equity Search module to search for actively traded equities including funds and ETFs from over 30 global markets.
Complementary Tools for WEG Stock analysis
When running WEG SA's price analysis, check to measure WEG SA'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 WEG SA is operating at the current time. Most of WEG SA's value examination focuses on studying past and present price action to predict the probability of WEG SA's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move WEG SA's price. Additionally, you may evaluate how the addition of WEG SA to your portfolios can decrease your overall portfolio volatility.
Alpha Finder Use alpha and beta coefficients to find investment opportunities after accounting for the risk | |
Portfolio Analyzer Portfolio analysis module that provides access to portfolio diagnostics and optimization engine | |
ETF Categories List of ETF categories grouped based on various criteria, such as the investment strategy or type of investments | |
Portfolio Anywhere Track or share privately all of your investments from the convenience of any device | |
Bollinger Bands Use Bollinger Bands indicator to analyze target price for a given investing horizon | |
Correlation Analysis Reduce portfolio risk simply by holding instruments which are not perfectly correlated | |
Pattern Recognition Use different Pattern Recognition models to time the market across multiple global exchanges | |
Companies Directory Evaluate performance of over 100,000 Stocks, Funds, and ETFs against different fundamentals | |
Earnings Calls Check upcoming earnings announcements updated hourly across public exchanges | |
Investing Opportunities Build portfolios using our predefined set of ideas and optimize them against your investing preferences | |
Technical Analysis Check basic technical indicators and analysis based on most latest market data | |
Premium Stories Follow Macroaxis premium stories from verified contributors across different equity types, categories and coverage scope | |
FinTech Suite Use AI to screen and filter profitable investment opportunities |