Wex Inc Stock Price on January 4, 2016
| WEX Stock | USD 233.31 0.71 0.30% |
Below is the normalized historical share price chart for Wex Inc extending back to February 16, 2005. 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 Wex stands at 233.31, as last reported on the 25th of April, with the highest price reaching 235.15 and the lowest price hitting 231.94 during the day.
If you're considering investing in Wex Stock, it is important to understand the factors that can impact its price. Wex appears to be very steady, given 3 months investment horizon. Wex Inc 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. We have found twenty-nine technical indicators for Wex Inc, which you can use to evaluate the volatility of the company. Please utilize Wex's Market Risk Adjusted Performance of 0.2354, mean deviation of 0.8383, and Downside Deviation of 1.39 to validate if our risk estimates are consistent with your expectations.
At this time, Wex's Common Stock Shares Outstanding is fairly stable compared to the past year. Liabilities And Stockholders Equity is likely to rise to about 14.6 B in 2024, whereas Total Stockholder Equity is likely to drop slightly above 1.1 B in 2024. . At this time, Wex's Price To Sales Ratio is fairly stable compared to the past year. Price Earnings To Growth Ratio is likely to rise to 0.88 in 2024, whereas Price Earnings Ratio is likely to drop 22.11 in 2024. Wex Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
IPO Date 16th of February 2005 | 200 Day MA 199.9722 | 50 Day MA 229.7742 | Beta 1.586 |
Wex |
Sharpe Ratio = 0.1626
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Estimated Market Risk
| 1.23 actual daily | 10 90% of assets are more volatile |
Expected Return
| 0.2 actual daily | 3 97% of assets have higher returns |
Risk-Adjusted Return
| 0.16 actual daily | 12 88% of assets perform better |
Based on monthly moving average Wex 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 Wex by adding it to a well-diversified portfolio.
Price Book 5.4072 | Enterprise Value Ebitda 11.4349 | Price Sales 3.8636 | Shares Float 39.3 M | Wall Street Target Price 256.42 |
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.
About Wex Stock history
Wex 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 Wex is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Wex Inc 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 Wex stock prices may prove useful in developing a viable investing in Wex
| Last Reported | Projected for Next Year | ||
| Common Stock Shares Outstanding | 43.3 M | 45.2 M | |
| Net Income Applicable To Common Shares | 231.7 M | 243.2 M |
Wex Quarterly Net Working Capital |
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Wex Stock Technical Analysis
Wex 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
Wex Period Price Range
Wex April 25, 2024 Market Strength
Market strength indicators help investors to evaluate how Wex stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Wex shares will generate the highest return on investment. By undertsting and applying Wex stock market strength indicators, traders can identify Wex Inc entry and exit signals to maximize returns
| Accumulation Distribution | 5613.82 | |||
| Daily Balance Of Power | (0.22) | |||
| Rate Of Daily Change | 1.0 | |||
| Day Median Price | 233.55 | |||
| Day Typical Price | 233.47 | |||
| Price Action Indicator | (0.59) | |||
| Period Momentum Indicator | (0.71) | |||
| Relative Strength Index | 46.62 |
Wex Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Wex's price direction in advance. Along with the technical and fundamental analysis of Wex Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Wex 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 | 0.1258 | |||
| Jensen Alpha | 0.1391 | |||
| Total Risk Alpha | 0.0589 | |||
| Sortino Ratio | 0.0993 | |||
| Treynor Ratio | 0.2254 |
| Cycle Indicators | ||
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| 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 Wex Inc. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in income. Note that the Wex Inc information on this page should be used as a complementary analysis to other Wex'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 Odds Of Bankruptcy module to get analysis of equity chance of financial distress in the next 2 years.
Complementary Tools for Wex Stock analysis
When running Wex's price analysis, check to measure Wex'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 Wex is operating at the current time. Most of Wex's value examination focuses on studying past and present price action to predict the probability of Wex's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Wex's price. Additionally, you may evaluate how the addition of Wex to your portfolios can decrease your overall portfolio volatility.
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Is Wex's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Wex. If investors know Wex will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Wex listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth (0.01) | Earnings Share 6.15 | Revenue Per Share 59.533 | Quarterly Revenue Growth 0.072 | Return On Assets 0.0321 |
The market value of Wex Inc is measured differently than its book value, which is the value of Wex that is recorded on the company's balance sheet. Investors also form their own opinion of Wex's value that differs from its market value or its book value, called intrinsic value, which is Wex's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Wex's market value can be influenced by many factors that don't directly affect Wex's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Wex's value and its price as these two are different measures arrived at by different means. Investors typically determine if Wex is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Wex's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.