Webtoon Entertainment Common Stock Price on June 26, 2024
| WBTN Stock | 11.80 0.40 3.28% |
If you're considering investing in WEBTOON Stock, it is important to understand the factors that can impact its price. As of today, the current price of WEBTOON Entertainment stands at 11.80, as last reported on the 29th of September, with the highest price reaching 12.40 and the lowest price hitting 11.69 during the day. WEBTOON Entertainment retains Efficiency (Sharpe Ratio) of -0.0997, which attests that the company had a -0.0997% return per unit of volatility over the last 3 months. WEBTOON Entertainment exposes twenty-four different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please check out WEBTOON Entertainment's Mean Deviation of 3.99, information ratio of (0.13), and Market Risk Adjusted Performance of (0.41) to validate the risk estimate we provide.
At this time, WEBTOON Entertainment's Capital Stock is very stable compared to the past year. As of the 29th of September 2024, Common Stock is likely to grow to about 37.4 K, while Total Stockholder Equity is likely to drop about 1.1 B. . At this time, WEBTOON Entertainment's Price Fair Value is very stable compared to the past year. WEBTOON Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
WEBTOON |
Sharpe Ratio = -0.0997
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Estimated Market Risk
| 6.77 actual daily | 60 60% of assets are less volatile |
Expected Return
| -0.68 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| -0.1 actual daily | 0 Most of other assets perform better |
Based on monthly moving average WEBTOON Entertainment 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 WEBTOON Entertainment by adding WEBTOON Entertainment to a well-diversified portfolio.
Price Book 0.882 | Price Sales 1.0285 | Shares Float 15 M | Wall Street Target Price 26.71 | Earnings Share (1.18) |
WEBTOON Entertainment Valuation on June 26, 2024
It is possible to determine the worth of WEBTOON Entertainment on a given historical date. On June 26, 2024 WEBTOON was worth 21.3 at the beginning of the trading date compared to the closed value of 23.0. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of WEBTOON Entertainment stock. Still, in general, we apply an absolute valuation method to find WEBTOON Entertainment'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 WEBTOON Entertainment where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against WEBTOON Entertainment's related companies.
| Open | High | Low | Close | Volume | |
06/27/2024 | 21.30 | 24.00 | 21.30 | 23.00 | 6,421,300 |
| 24.93 | 25.66 | 22.50 | 22.83 | 2,697,900 |
| Backtest WEBTOON Entertainment | | | WEBTOON Entertainment History | | | WEBTOON Entertainment Valuation | Next |
WEBTOON Entertainment Trading Date Momentum on June 26, 2024
The event impact on price volatility cannot be determined at this time. Please check this event after some time to allow current data to be analyzed.WEBTOON Entertainment Fundamentals Correlations and Trends
By evaluating WEBTOON Entertainment'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 WEBTOON Entertainment's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. WEBTOON financial account trend analysis is a perfect complement when working with valuation or volatility modules.About WEBTOON Entertainment Stock history
WEBTOON Entertainment 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 WEBTOON is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in WEBTOON Entertainment 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 WEBTOON Entertainment stock prices may prove useful in developing a viable investing in WEBTOON Entertainment
| Last Reported | Projected for Next Year | ||
| Common Stock Shares Outstanding | 114.4 M | 101.7 M |
WEBTOON Entertainment Stock Technical Analysis
WEBTOON Entertainment 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
WEBTOON Entertainment Period Price Range
Low | September 29, 2024
| High |
0.00 | 0.00 |
WEBTOON Entertainment Common 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.
WEBTOON Entertainment September 29, 2024 Market Strength
Market strength indicators help investors to evaluate how WEBTOON Entertainment stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading WEBTOON Entertainment shares will generate the highest return on investment. By undertsting and applying WEBTOON Entertainment stock market strength indicators, traders can identify WEBTOON Entertainment Common entry and exit signals to maximize returns
WEBTOON Entertainment Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for WEBTOON Entertainment's price direction in advance. Along with the technical and fundamental analysis of WEBTOON Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of WEBTOON 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 | (0.08) | |||
| Jensen Alpha | (0.97) | |||
| Total Risk Alpha | (1.71) | |||
| Treynor Ratio | (0.42) |
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Additional Information and Resources on Investing in WEBTOON Stock
When determining whether WEBTOON Entertainment offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of WEBTOON Entertainment's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Webtoon Entertainment Common Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Webtoon Entertainment Common Stock:Check out Your Current Watchlist to better understand how to build diversified portfolios, which includes a position in WEBTOON Entertainment Common. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in estimate. You can also try the USA ETFs module to find actively traded Exchange Traded Funds (ETF) in USA.
Is Printing and Publishing space 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 WEBTOON Entertainment. If investors know WEBTOON 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 WEBTOON Entertainment listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share (1.18) | Revenue Per Share 11.851 | Quarterly Revenue Growth 0.001 |
The market value of WEBTOON Entertainment is measured differently than its book value, which is the value of WEBTOON that is recorded on the company's balance sheet. Investors also form their own opinion of WEBTOON Entertainment's value that differs from its market value or its book value, called intrinsic value, which is WEBTOON Entertainment'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 WEBTOON Entertainment's market value can be influenced by many factors that don't directly affect WEBTOON Entertainment'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 WEBTOON Entertainment's value and its price as these two are different measures arrived at by different means. Investors typically determine if WEBTOON Entertainment is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, WEBTOON Entertainment'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.