World Acceptance Stock Price on May 3, 2024
| WRLD Stock | USD 127.04 4.20 3.42% |
Below is the normalized historical share price chart for World Acceptance extending back to November 26, 1991. 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 World Acceptance stands at 127.04, as last reported on the 12th of June 2024, with the highest price reaching 128.28 and the lowest price hitting 123.41 during the day.
If you're considering investing in World Stock, it is important to understand the factors that can impact its price. We consider World Acceptance very steady. World Acceptance shows Sharpe Ratio of 0.0109, which attests that the company had a 0.0109% return per unit of risk over the last 3 months. We have found twenty-three technical indicators for World Acceptance, which you can use to evaluate the volatility of the company. Please check out World Acceptance's Standard Deviation of 1.91, mean deviation of 1.48, and insignificant Market Risk Adjusted Performance to validate if the risk estimate we provide is consistent with the expected return of 0.0207%.
At present, World Acceptance's Stock Based Compensation To Revenue is projected to increase slightly based on the last few years of reporting. . At present, World Acceptance's Price Book Value Ratio is projected to increase slightly based on the last few years of reporting. The current year's Price To Operating Cash Flows Ratio is expected to grow to 4.88, whereas Price Earnings Ratio is forecasted to decline to 8.91. World Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
IPO Date 26th of November 1991 | 200 Day MA 127.5615 | 50 Day MA 134.34 | Beta 1.448 |
World |
Sharpe Ratio = 0.0109
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| Negative Returns | WRLD |
Estimated Market Risk
| 1.9 actual daily | 16 84% of assets are more volatile |
Expected Return
| 0.02 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| 0.01 actual daily | 0 Most of other assets perform better |
Based on monthly moving average World Acceptance 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 World Acceptance by adding World Acceptance to a well-diversified portfolio.
Price Book 2.0094 | Price Sales 1.411 | Shares Float 2.3 M | Wall Street Target Price 137 | Earnings Share 13.19 |
World Acceptance Valuation on May 3, 2024
It is possible to determine the worth of World Acceptance on a given historical date. On May 3, 2024 World was worth 140.9 at the beginning of the trading date compared to the closed value of 139.29. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of World Acceptance stock. Still, in general, we apply an absolute valuation method to find World Acceptance'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 World Acceptance where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against World Acceptance's related companies.
| Open | High | Low | Close | Volume | |
| 149.31 | 149.31 | 138.40 | 140.40 | 56,266 | |
05/03/2024 | 140.90 | 141.99 | 139.23 | 139.29 | 26,489 |
| 139.50 | 141.26 | 138.77 | 139.94 | 35,004 |
| Backtest World Acceptance | | | World Acceptance History | | | World Acceptance Valuation | Previous | Next |
World Acceptance Trading Date Momentum on May 3, 2024
| On May 06 2024 World Acceptance was traded for 139.94 at the closing time. The top price for the day was 141.26 and the lowest listed price was 138.77 . The trading volume for the day was 35 K. The trading history from May 6, 2024 was a factor to the next trading day price growth. The trading price change against the next closing price was 0.47% . The trading price change against the current closing price is 0.24% . |
World Acceptance Fundamentals Correlations and Trends
By evaluating World Acceptance'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 World Acceptance's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. World financial account trend analysis is a perfect complement when working with valuation or volatility modules.About World Acceptance Stock history
World Acceptance 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 World is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in World Acceptance 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 World Acceptance stock prices may prove useful in developing a viable investing in World Acceptance
| Last Reported | Projected for Next Year | ||
| Common Stock Shares Outstanding | 5.9 M | 5.6 M | |
| Net Income Applicable To Common Shares | 24.4 M | 23.2 M |
World Acceptance Stock Technical Analysis
World Acceptance 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
World Acceptance Period Price Range
Low | May 3, 2024
| High |
140.90 | 139.29 |
World Acceptance June 12, 2024 Market Strength
Market strength indicators help investors to evaluate how World Acceptance stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading World Acceptance shares will generate the highest return on investment. By undertsting and applying World Acceptance stock market strength indicators, traders can identify World Acceptance entry and exit signals to maximize returns
| Accumulation Distribution | 514.89 | |||
| Daily Balance Of Power | (0.58) | |||
| Rate Of Daily Change | 0.99 | |||
| Day Median Price | 140.61 | |||
| Day Typical Price | 140.17 | |||
| Market Facilitation Index | 1.0E-4 | |||
| Price Action Indicator | (2.13) | |||
| Period Momentum Indicator | (12.25) |
World Acceptance Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for World Acceptance's price direction in advance. Along with the technical and fundamental analysis of World Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of World 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 | 0.0023 | |||
| Jensen Alpha | (0.03) | |||
| Total Risk Alpha | (0.04) | |||
| Treynor Ratio | (0.01) |
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Complementary Tools for World Stock analysis
When running World Acceptance's price analysis, check to measure World Acceptance'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 World Acceptance is operating at the current time. Most of World Acceptance's value examination focuses on studying past and present price action to predict the probability of World Acceptance's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move World Acceptance's price. Additionally, you may evaluate how the addition of World Acceptance to your portfolios can decrease your overall portfolio volatility.
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