SUPREMEX INC (Germany) Price on November 6, 2024

557 Stock  EUR 2.62  0.02  0.76%   
If you're considering investing in SUPREMEX Stock, it is important to understand the factors that can impact its price. As of today, the current price of SUPREMEX INC stands at 2.62, as last reported on the 29th of November, with the highest price reaching 2.62 and the lowest price hitting 2.62 during the day. SUPREMEX INC owns Efficiency Ratio (i.e., Sharpe Ratio) of -0.0262, which indicates the firm had a -0.0262% return per unit of standard deviation over the last 3 months. SUPREMEX INC exposes twenty-one different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please validate SUPREMEX INC's risk adjusted performance of (0.01), and Variance of 6.77 to confirm the risk estimate we provide.
  
SUPREMEX Stock price history is provided at the adjusted basis, taking into account all of the recent filings.

Sharpe Ratio = -0.0262

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Estimated Market Risk

 2.64
  actual daily
23
77% of assets are more volatile

Expected Return

 -0.07
  actual daily
0
Most of other assets have higher returns

Risk-Adjusted Return

 -0.03
  actual daily
0
Most of other assets perform better
Based on monthly moving average SUPREMEX INC 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 SUPREMEX INC by adding SUPREMEX INC to a well-diversified portfolio.

SUPREMEX INC Valuation on November 6, 2024

It is possible to determine the worth of SUPREMEX INC on a given historical date. On November 6, 2024 SUPREMEX was worth 2.88 at the beginning of the trading date compared to the closed value of 2.88. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of SUPREMEX INC stock. Still, in general, we apply an absolute valuation method to find SUPREMEX INC'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 SUPREMEX INC where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against SUPREMEX INC's related companies.
 Open High Low Close Volume
  2.80    2.80    2.80    2.80    1.00  
11/06/2024
  2.88    2.88    2.88    2.88    1.00  
  2.78    2.78    2.78    2.78    1.00  
Backtest SUPREMEX INC  |  SUPREMEX INC History  |  SUPREMEX INC Valuation   PreviousNext  
Open Value
2.88
2.88
Closing Value
10.80
Upside

SUPREMEX INC Trading Date Momentum on November 6, 2024

On November 07 2024 SUPREMEX INC was traded for  2.78  at the closing time. The highest daily price throughout the period was 2.78  and the lowest price was  2.78 . There was no trading activity during the period 1.0. Lack of trading volume on 11/07/2024 added to the next day price reduction. The daily price change to closing price of the next trading day was 3.47% . The trading price change to current closing price is 8.33% .

SUPREMEX INC Fundamentals Correlations and Trends

By evaluating SUPREMEX INC'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 SUPREMEX INC's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. SUPREMEX financial account trend analysis is a perfect complement when working with valuation or volatility modules.

About SUPREMEX INC Stock history

SUPREMEX INC 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 SUPREMEX is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in SUPREMEX INC 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 SUPREMEX INC stock prices may prove useful in developing a viable investing in SUPREMEX INC
Supremex Inc. manufactures, markets, and sells envelopes, and paper packaging solutions and specialty products in North America. Supremex Inc. was founded in 1977 and is based in LaSalle, Canada. SUPREMEX INC operates under Packaging Containers classification in Germany and is traded on Frankfurt Stock Exchange. It employs 865 people.

SUPREMEX INC Stock Technical Analysis

SUPREMEX INC 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.
A focus of SUPREMEX INC technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of SUPREMEX INC trading pattern rather than external drivers such as economic, fundamental, or social events. It is believed that price action tends to repeat itself due to investors' collective, patterned behavior. Hence technical analysis focuses on identifiable price trends and conditions. More Info...

Price Boundaries

SUPREMEX INC Period Price Range

Low
November 29, 2024
0.00  NaN%
High

 0.00 

     

 0.00 

SUPREMEX INC cannot be verified against its exchange. Please verify the symbol is currently traded on Frankfurt 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.

SUPREMEX INC November 29, 2024 Market Strength

Market strength indicators help investors to evaluate how SUPREMEX INC stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading SUPREMEX INC shares will generate the highest return on investment. By undertsting and applying SUPREMEX INC stock market strength indicators, traders can identify SUPREMEX INC entry and exit signals to maximize returns

SUPREMEX INC Technical and Predictive Indicators

Predictive indicators are helping investors to find signals for SUPREMEX INC's price direction in advance. Along with the technical and fundamental analysis of SUPREMEX Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of SUPREMEX 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.

Complementary Tools for SUPREMEX Stock analysis

When running SUPREMEX INC's price analysis, check to measure SUPREMEX INC'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 SUPREMEX INC is operating at the current time. Most of SUPREMEX INC's value examination focuses on studying past and present price action to predict the probability of SUPREMEX INC's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move SUPREMEX INC's price. Additionally, you may evaluate how the addition of SUPREMEX INC to your portfolios can decrease your overall portfolio volatility.
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