Sands China (Germany) Price on November 29, 2024
| 599A Stock | EUR 2.32 0.08 3.57% |
If you're considering investing in Sands Stock, it is important to understand the factors that can impact its price. As of today, the current price of Sands China stands at 2.32, as last reported on the 2nd of December, with the highest price reaching 2.32 and the lowest price hitting 2.32 during the day. Sands China appears to be dangerous, given 3 months investment horizon. Sands China owns Efficiency Ratio (i.e., Sharpe Ratio) of 0.16, which indicates the firm had a 0.16% return per unit of risk over the last 3 months. By inspecting Sands China's technical indicators, you can evaluate if the expected return of 0.73% is justified by implied risk. Please review Sands China's Semi Deviation of 2.98, risk adjusted performance of 0.1194, and Coefficient Of Variation of 687.82 to confirm if our risk estimates are consistent with your expectations.
Sands Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
Sands |
Sharpe Ratio = 0.1625
| Best Portfolio | Best Equity | |||
| Good Returns | ||||
| Average Returns | ||||
| Small Returns | 599A | |||
| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
| Negative Returns |
Estimated Market Risk
| 4.49 actual daily | 39 61% of assets are more volatile |
Expected Return
| 0.73 actual daily | 14 86% of assets have higher returns |
Risk-Adjusted Return
| 0.16 actual daily | 12 88% of assets perform better |
Based on monthly moving average Sands China is performing at about 12% 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 Sands China by adding it to a well-diversified portfolio.
Sands China Valuation on November 29, 2024
It is possible to determine the worth of Sands China on a given historical date. On November 29, 2024 Sands was worth 2.32 at the beginning of the trading date compared to the closed value of 2.32. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Sands China stock. Still, in general, we apply an absolute valuation method to find Sands China'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 Sands China where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Sands China's related companies.
| Open | High | Low | Close | Volume | |
| 2.24 | 2.24 | 2.24 | 2.24 | 1.00 | |
11/29/2024 | 2.32 | 2.32 | 2.32 | 2.32 | 1.00 |
| 2.32 | 2.32 | 2.32 | 2.32 | 0.00 |
| Backtest Sands China | | | Sands China History | | | Sands China Valuation | Previous | Next |
Sands China Trading Date Momentum on November 29, 2024
| On December 02 2024 Sands China was traded for 2.32 at the closing time. The maximum traded price for the trading interval was 2.32 and the lowest daily price was 2.32 . There was no trading activity during the period 0.0. Lack of trading volume on 2nd of December 2024 did not result in any price rise and fall. The trading price change to the closing price today is 0.00% . |
Sands China Fundamentals Correlations and Trends
By evaluating Sands China'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 Sands China's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Sands financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Sands China Stock history
Sands China 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 Sands is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Sands China 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 Sands China stock prices may prove useful in developing a viable investing in Sands China
Sands China Ltd., an investment holding company, develops, owns, and operates integrated resorts and casinos in Macao. Sands China Ltd. is a subsidiary of Venetian Venture Development Intermediate II. SANDS CHINA is traded on Frankfurt Stock Exchange in Germany.
Sands China Stock Technical Analysis
Sands China 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
Sands China Period Price Range
Low | December 2, 2024
| High |
0.00 | 0.00 |
Sands China 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.
Sands China December 2, 2024 Market Strength
Market strength indicators help investors to evaluate how Sands China stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Sands China shares will generate the highest return on investment. By undertsting and applying Sands China stock market strength indicators, traders can identify Sands China entry and exit signals to maximize returns
Sands China Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Sands China's price direction in advance. Along with the technical and fundamental analysis of Sands Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Sands 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 | 0.1194 | |||
| Jensen Alpha | 0.514 | |||
| Total Risk Alpha | (0.11) | |||
| Sortino Ratio | 0.1418 | |||
| Treynor Ratio | 0.6419 |
| Cycle Indicators | ||
| Math Operators | ||
| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
Complementary Tools for Sands Stock analysis
When running Sands China's price analysis, check to measure Sands China'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 Sands China is operating at the current time. Most of Sands China's value examination focuses on studying past and present price action to predict the probability of Sands China's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Sands China's price. Additionally, you may evaluate how the addition of Sands China to your portfolios can decrease your overall portfolio volatility.
| Watchlist Optimization Optimize watchlists to build efficient portfolios or rebalance existing positions based on the mean-variance optimization algorithm | |
| Instant Ratings Determine any equity ratings based on digital recommendations. Macroaxis instant equity ratings are based on combination of fundamental analysis and risk-adjusted market performance | |
| Portfolio Volatility Check portfolio volatility and analyze historical return density to properly model market risk | |
| Sign In To Macroaxis Sign in to explore Macroaxis' wealth optimization platform and fintech modules | |
| Pattern Recognition Use different Pattern Recognition models to time the market across multiple global exchanges | |
| Aroon Oscillator Analyze current equity momentum using Aroon Oscillator and other momentum ratios | |
| Efficient Frontier Plot and analyze your portfolio and positions against risk-return landscape of the market. | |
| Commodity Channel Use Commodity Channel Index to analyze current equity momentum | |
| Economic Indicators Top statistical indicators that provide insights into how an economy is performing |