Wec Energy Group Stock Technical Analysis
WEC Stock | USD 81.97 0.41 0.50% |
As of the 23rd of April, WEC Energy owns the Standard Deviation of 1.16, mean deviation of 0.8742, and Market Risk Adjusted Performance of 0.065. Compared to fundamental indicators, the technical analysis model lets you check helpful technical drivers of WEC Energy Group, as well as the relationship between them. Strictly speaking, you can use this information to find out if the company will indeed mirror its model of historical prices and volume patterns, or the prices will eventually revert. We were able to analyze and collect data for nineteen technical drivers for WEC Energy, which can be compared to its peers in the sector. Please check out WEC Energy Group variance, as well as the relationship between the maximum drawdown and semi variance to decide if WEC Energy Group is priced favorably, providing market reflects its prevailing price of 81.97 per share. Given that WEC Energy Group has jensen alpha of (0.02), we strongly advise you to confirm WEC Energy's latest market performance to make sure the company can sustain itself in the future.
WEC Energy Momentum Analysis
Momentum indicators are widely used technical indicators which help to measure the pace at which the price of specific equity, such as WEC, fluctuates. Many momentum indicators also complement each other and can be helpful when the market is rising or falling as compared to WECWEC |
WEC Energy Analyst Consensus
Target Price | Advice | # of Analysts | |
91.15 | Buy | 18 | Odds |
Most WEC analysts issue ratings four times a year, at intervals of three months. Ratings are usually accompanied by a target price to helps potential investors understand WEC stock's fair price compared to its market value. Analysts arrive at stock ratings after researching public financial statements of WEC Energy Group, talking to its executives and customers, or listening to WEC conference calls.
WEC Energy 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.
WEC Energy Group Technical Analysis
Incorrect Input. Please change your parameters or increase the time horizon required for running this function. The output start index for this execution was zero with a total number of output elements of zero. The Average True Range was developed by J. Welles Wilder in 1970s. It is one of components of the Welles Wilder Directional Movement indicators. The ATR is a measure of WEC Energy Group volatility. High ATR values indicate high volatility, and low values indicate low volatility.
WEC Energy Group Trend Analysis
Use this graph to draw trend lines for WEC Energy Group. You can use it to identify possible trend reversals for WEC Energy as well as other signals and approximate when it will take place. Remember, you need at least two touches of the trend line with actual WEC Energy price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.WEC Energy Best Fit Change Line
The following chart estimates an ordinary least squares regression model for WEC Energy Group applied against its price change over selected period. The best fit line has a slop of 0.05 , which may imply that WEC Energy Group will maintain its good market sentiment and make money for investors. It has 122 observation points and a regression sum of squares at 106.41, which is the sum of squared deviations for the predicted WEC Energy price change compared to its average price change.About WEC Energy Technical Analysis
The technical analysis module can be used to analyzes prices, returns, volume, basic money flow, and other market information and help investors to determine the real value of WEC Energy Group on a daily or weekly bases. We use both bottom-up as well as top-down valuation methodologies to arrive at the intrinsic value of WEC Energy Group based on its technical analysis. In general, a bottom-up approach, as applied to this company, focuses on WEC Energy Group price pattern first instead of the macroeconomic environment surrounding WEC Energy Group. By analyzing WEC Energy's financials, daily price indicators, and related drivers such as dividends, momentum ratios, and various types of growth rates, we attempt to find the most accurate representation of WEC Energy's intrinsic value. As compared to a bottom-up approach, our top-down model examines the macroeconomic factors that affect the industry/economy before zooming in to WEC Energy specific price patterns or momentum indicators. Please read more on our technical analysis page.
2021 | 2022 | 2023 | 2024 (projected) | Dividend Yield | 0.0279 | 0.031 | 0.0371 | 0.0388 | Price To Sales Ratio | 3.68 | 3.08 | 2.99 | 3.13 |
WEC Energy April 23, 2024 Technical Indicators
Most technical analysis of WEC help investors determine whether a current trend will continue and, if not, when it will shift. We provide a combination of tools to recognize potential entry and exit points for WEC from various momentum indicators to cycle indicators. When you analyze WEC charts, please remember that the event formation may indicate an entry point for a short seller, and look at different other indicators across different periods to confirm that a breakdown or reversion is likely to occur.
Cycle Indicators | ||
Math Operators | ||
Math Transform | ||
Momentum Indicators | ||
Overlap Studies | ||
Pattern Recognition | ||
Price Transform | ||
Statistic Functions | ||
Volatility Indicators | ||
Volume Indicators |
Risk Adjusted Performance | 0.0324 | |||
Market Risk Adjusted Performance | 0.065 | |||
Mean Deviation | 0.8742 | |||
Semi Deviation | 1.09 | |||
Downside Deviation | 1.17 | |||
Coefficient Of Variation | 2226.91 | |||
Standard Deviation | 1.16 | |||
Variance | 1.36 | |||
Information Ratio | (0.03) | |||
Jensen Alpha | (0.02) | |||
Total Risk Alpha | (0.11) | |||
Sortino Ratio | (0.03) | |||
Treynor Ratio | 0.055 | |||
Maximum Drawdown | 5.89 | |||
Value At Risk | (2.29) | |||
Potential Upside | 1.76 | |||
Downside Variance | 1.37 | |||
Semi Variance | 1.19 | |||
Expected Short fall | (0.95) | |||
Skewness | (0.13) | |||
Kurtosis | 0.6081 |
Check out Your Current Watchlist to better understand how to build diversified portfolios, which includes a position in WEC Energy Group. 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 WEC Energy Group information on this page should be used as a complementary analysis to other WEC Energy'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 Money Managers module to screen money managers from public funds and ETFs managed around the world.
Complementary Tools for WEC Stock analysis
When running WEC Energy's price analysis, check to measure WEC Energy'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 WEC Energy is operating at the current time. Most of WEC Energy's value examination focuses on studying past and present price action to predict the probability of WEC Energy's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move WEC Energy's price. Additionally, you may evaluate how the addition of WEC Energy to your portfolios can decrease your overall portfolio volatility.
Transaction History View history of all your transactions and understand their impact on performance | |
Idea Analyzer Analyze all characteristics, volatility and risk-adjusted return of Macroaxis ideas | |
Portfolio Manager State of the art Portfolio Manager to monitor and improve performance of your invested capital | |
Equity Search Search for actively traded equities including funds and ETFs from over 30 global markets | |
Financial Widgets Easily integrated Macroaxis content with over 30 different plug-and-play financial widgets | |
Global Correlations Find global opportunities by holding instruments from different markets | |
Bollinger Bands Use Bollinger Bands indicator to analyze target price for a given investing horizon | |
Portfolio Dashboard Portfolio dashboard that provides centralized access to all your investments | |
Sign In To Macroaxis Sign in to explore Macroaxis' wealth optimization platform and fintech modules | |
Analyst Advice Analyst recommendations and target price estimates broken down by several categories | |
CEOs Directory Screen CEOs from public companies around the world |
Is WEC Energy'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 WEC Energy. If investors know WEC 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 WEC Energy 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 (0.13) | Dividend Share 3.12 | Earnings Share 4.22 | Revenue Per Share 28.196 | Return On Assets 0.0318 |
The market value of WEC Energy Group is measured differently than its book value, which is the value of WEC that is recorded on the company's balance sheet. Investors also form their own opinion of WEC Energy's value that differs from its market value or its book value, called intrinsic value, which is WEC Energy'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 WEC Energy's market value can be influenced by many factors that don't directly affect WEC Energy'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 WEC Energy's value and its price as these two are different measures arrived at by different means. Investors typically determine if WEC Energy is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, WEC Energy'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.