Wipro Limited Adr Stock Price on May 8, 2024
| WIT Stock | USD 5.39 0.05 0.92% |
Below is the normalized historical share price chart for Wipro Limited ADR extending back to October 19, 2000. 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 Wipro Limited stands at 5.39, as last reported on the 20th of May, with the highest price reaching 5.42 and the lowest price hitting 5.37 during the day.
If you're considering investing in Wipro Stock, it is important to understand the factors that can impact its price. Wipro Limited ADR shows Sharpe Ratio of -0.17, which attests that the company had a -0.17% return per unit of risk over the last 3 months. Wipro Limited ADR exposes twenty-four different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please check out Wipro Limited's Market Risk Adjusted Performance of (0.18), mean deviation of 1.11, and Standard Deviation of 1.5 to validate the risk estimate we provide.
At this time, Wipro Limited's Total Stockholder Equity is comparatively stable compared to the past year. Common Stock Total Equity is likely to gain to about 13.2 B in 2024, whereas Common Stock is likely to drop slightly above 5.4 B in 2024. . At this time, Wipro Limited's Price Earnings Ratio is comparatively stable compared to the past year. Price Earnings To Growth Ratio is likely to gain to 54.79 in 2024, whereas Price To Sales Ratio is likely to drop 2.65 in 2024. Wipro Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
IPO Date 19th of October 2000 | 200 Day MA 5.3135 | 50 Day MA 5.6018 | Beta 0.699 |
Wipro |
Sharpe Ratio = -0.1702
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| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
| Negative Returns | WIT |
Estimated Market Risk
| 1.4 actual daily | 12 88% of assets are more volatile |
Expected Return
| -0.24 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| -0.17 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Wipro Limited is not performing at its full potential. However, 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 Wipro Limited by adding Wipro Limited to a well-diversified portfolio.
Price Book 3.4008 | Enterprise Value Ebitda 0.1673 | Price Sales 0.0325 | Shares Float 1.4 B | Dividend Share 1 |
Wipro Limited Main Headline on 8th of May 2024
BTP Business is Booming for Brazilian Firms, SAP Providers by businesswire.com
Enterprises in Brazil are turning to partners that use SAP Business Technology Platform to develop customized solutions, ISG says.
Wipro Limited Valuation on May 8, 2024
It is possible to determine the worth of Wipro Limited on a given historical date. On May 8, 2024 Wipro was worth 5.47 at the beginning of the trading date compared to the closed value of 5.45. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Wipro Limited stock. Still, in general, we apply an absolute valuation method to find Wipro Limited'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 Wipro Limited where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Wipro Limited's related companies.
| Open | High | Low | Close | Volume | |
| 5.48 | 5.51 | 5.46 | 5.49 | 2,183,400 | |
05/08/2024 | 5.47 | 5.48 | 5.44 | 5.45 | 1,314,600 |
| 5.39 | 5.41 | 5.35 | 5.38 | 1,184,671 |
| Backtest Wipro Limited | | | Wipro Limited History | | | Wipro Limited Valuation | Previous | Next |
Wipro Limited Trading Date Momentum on May 8, 2024
| On May 09 2024 Wipro Limited ADR was traded for 5.38 at the closing time. Highest Wipro Limited's price during the trading hours was 5.41 and the lowest price during the day was 5.35 . The net volume was 1.2 M. The overall trading history on the 9th of May contributed to the next trading period price depreciation. The trading price change to the next next day price was 1.28% . The trading price change to current price is 0.92% . |
Wipro Limited ADR Fundamentals Correlations and Trends
By evaluating Wipro Limited'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 Wipro Limited's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Wipro financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Wipro Limited Stock history
Wipro Limited 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 Wipro is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Wipro Limited ADR 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 Wipro Limited stock prices may prove useful in developing a viable investing in Wipro Limited
| Last Reported | Projected for Next Year | ||
| Common Stock Shares Outstanding | 5.3 B | 4.8 B | |
| Net Income Applicable To Common Shares | 130.5 B | 137.1 B |
Wipro Limited Quarterly Net Working Capital |
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Wipro Limited Stock Technical Analysis
Wipro Limited 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
Wipro Limited Period Price Range
Low | May 8, 2024
| High |
5.47 | 5.45 |
Wipro Limited May 20, 2024 Market Strength
Market strength indicators help investors to evaluate how Wipro Limited stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Wipro Limited shares will generate the highest return on investment. By undertsting and applying Wipro Limited stock market strength indicators, traders can identify Wipro Limited ADR entry and exit signals to maximize returns
Wipro Limited Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Wipro Limited's price direction in advance. Along with the technical and fundamental analysis of Wipro Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Wipro 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 | (0.07) | |||
| Jensen Alpha | (0.28) | |||
| Total Risk Alpha | (0.42) | |||
| Treynor Ratio | (0.19) |
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| Volume Indicators |
Check out Your Current Watchlist to better understand how to build diversified portfolios, which includes a position in Wipro Limited ADR. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in gross domestic product. You can also try the Theme Ratings module to determine theme ratings based on digital equity recommendations. Macroaxis theme ratings are based on combination of fundamental analysis and risk-adjusted market performance.
Complementary Tools for Wipro Stock analysis
When running Wipro Limited's price analysis, check to measure Wipro Limited'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 Wipro Limited is operating at the current time. Most of Wipro Limited's value examination focuses on studying past and present price action to predict the probability of Wipro Limited's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Wipro Limited's price. Additionally, you may evaluate how the addition of Wipro Limited to your portfolios can decrease your overall portfolio volatility.
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Is Wipro Limited'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 Wipro Limited. If investors know Wipro 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 Wipro Limited 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 (0.03) | Dividend Share 1 | Earnings Share 0.26 | Revenue Per Share 169.734 | Quarterly Revenue Growth (0.04) |
The market value of Wipro Limited ADR is measured differently than its book value, which is the value of Wipro that is recorded on the company's balance sheet. Investors also form their own opinion of Wipro Limited's value that differs from its market value or its book value, called intrinsic value, which is Wipro Limited'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 Wipro Limited's market value can be influenced by many factors that don't directly affect Wipro Limited'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 Wipro Limited's value and its price as these two are different measures arrived at by different means. Investors typically determine if Wipro Limited is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Wipro Limited'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.