Western New England Stock Price on May 30, 2024
| WNEB Stock | USD 8.82 0.08 0.92% |
Below is the normalized historical share price chart for Western New England extending back to December 28, 2001. 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 Western New stands at 8.82, as last reported on the 20th of September, with the highest price reaching 8.82 and the lowest price hitting 8.74 during the day.
If you're considering investing in Western Stock, it is important to understand the factors that can impact its price. Western New appears to be not too volatile, given 3 months investment horizon. Western New England shows Sharpe Ratio of 0.27, which attests that the company had a 0.27% return per unit of risk over the last 3 months. By examining Western New's technical indicators, you can evaluate if the expected return of 0.6% is justified by implied risk. Please utilize Western New's Mean Deviation of 1.43, market risk adjusted performance of 0.5809, and Downside Deviation of 1.29 to validate if our risk estimates are consistent with your expectations.
At present, Western New's Common Stock Shares Outstanding is projected to decrease significantly based on the last few years of reporting. The current year's Other Stockholder Equity is expected to grow to about 138.6 M, whereas Total Stockholder Equity is forecasted to decline to about 216 M. . At present, Western New's Price Book Value Ratio is projected to slightly decrease based on the last few years of reporting. The current year's Price To Free Cash Flows Ratio is expected to grow to 17.14, whereas Price To Sales Ratio is forecasted to decline to 1.82. Western Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
IPO Date 2nd of May 2002 | 200 Day MA 7.7296 | 50 Day MA 8.2692 | Beta 0.679 |
Western |
Sharpe Ratio = 0.2704
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Estimated Market Risk
| 2.22 actual daily | 19 81% of assets are more volatile |
Expected Return
| 0.6 actual daily | 11 89% of assets have higher returns |
Risk-Adjusted Return
| 0.27 actual daily | 21 79% of assets perform better |
Based on monthly moving average Western New is performing at about 21% 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 Western New by adding it to a well-diversified portfolio.
Price Book 0.7879 | Price Sales 2.5031 | Shares Float 16.2 M | Dividend Share 0.28 | Wall Street Target Price 8.75 |
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Western New Valuation on May 30, 2024
It is possible to determine the worth of Western New on a given historical date. On May 30, 2024 Western was worth 6.52 at the beginning of the trading date compared to the closed value of 6.49. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Western New stock. Still, in general, we apply an absolute valuation method to find Western New'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 Western New where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Western New's related companies.
| Open | High | Low | Close | Volume | |
| 6.68 | 6.68 | 6.39 | 6.49 | 35,954 | |
05/30/2024 | 6.52 | 6.65 | 6.49 | 6.49 | 48,483 |
| 6.50 | 6.71 | 6.50 | 6.65 | 19,142 |
| Backtest Western New | | | Western New History | | | Western New Valuation | Previous | Next |
Western New Trading Date Momentum on May 30, 2024
| On May 31 2024 Western New England was traded for 6.65 at the closing time. The top price for the day was 6.71 and the lowest listed price was 6.50 . The trading volume for the day was 19.1 K. The trading history from May 31, 2024 was a factor to the next trading day price jump. The trading price change against the next closing price was 2.47% . The trading price change against the current closing price is 1.54% . |
Western New England Fundamentals Correlations and Trends
By evaluating Western New'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 Western New's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Western financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Western New Stock history
Western New 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 Western is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Western New England 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 Western New stock prices may prove useful in developing a viable investing in Western New
| Last Reported | Projected for Next Year | ||
| Common Stock Shares Outstanding | 21.6 M | 21.7 M | |
| Net Income Applicable To Common Shares | 29.8 M | 31.3 M |
Western New Stock Technical Analysis
Western New 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
Western New Period Price Range
Low | September 20, 2024
| High |
0.00 | 0.00 |
Western New England cannot be verified against its exchange. Please verify the symbol is currently traded on NASDAQ 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.
Western New September 20, 2024 Market Strength
Market strength indicators help investors to evaluate how Western New stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Western New shares will generate the highest return on investment. By undertsting and applying Western New stock market strength indicators, traders can identify Western New England entry and exit signals to maximize returns
Western New Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Western New's price direction in advance. Along with the technical and fundamental analysis of Western Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Western 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 | 0.2145 | |||
| Jensen Alpha | 0.4396 | |||
| Total Risk Alpha | 0.2406 | |||
| Sortino Ratio | 0.3363 | |||
| Treynor Ratio | 0.5709 |
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Complementary Tools for Western Stock analysis
When running Western New's price analysis, check to measure Western New'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 Western New is operating at the current time. Most of Western New's value examination focuses on studying past and present price action to predict the probability of Western New's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Western New's price. Additionally, you may evaluate how the addition of Western New to your portfolios can decrease your overall portfolio volatility.
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