SOFTCHOICE (Germany) Price on October 17, 2024
| 90Q Stock | 16.00 0.50 3.23% |
If you're considering investing in SOFTCHOICE Stock, it is important to understand the factors that can impact its price. As of today, the current price of SOFTCHOICE stands at 16.00, as last reported on the 26th of November, with the highest price reaching 16.00 and the lowest price hitting 16.00 during the day. SOFTCHOICE appears to be not too volatile, given 3 months investment horizon. SOFTCHOICE P owns Efficiency Ratio (i.e., Sharpe Ratio) of 0.19, which indicates the firm had a 0.19% return per unit of volatility over the last 3 months. We have found twenty-seven technical indicators for SOFTCHOICE P, which you can use to evaluate the volatility of the company. Please review SOFTCHOICE's coefficient of variation of 741.86, and Risk Adjusted Performance of 0.1103 to confirm if our risk estimates are consistent with your expectations.
SOFTCHOICE Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
SOFTCHOICE |
Sharpe Ratio = 0.1858
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Estimated Market Risk
| 2.47 actual daily | 21 79% of assets are more volatile |
Expected Return
| 0.46 actual daily | 9 91% of assets have higher returns |
Risk-Adjusted Return
| 0.19 actual daily | 14 86% of assets perform better |
Based on monthly moving average SOFTCHOICE is performing at about 14% 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 SOFTCHOICE by adding it to a well-diversified portfolio.
SOFTCHOICE Valuation on October 17, 2024
It is possible to determine the worth of SOFTCHOICE on a given historical date. On October 17, 2024 SOFTCHOICE was worth 13.9 at the beginning of the trading date compared to the closed value of 13.9. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of SOFTCHOICE stock. Still, in general, we apply an absolute valuation method to find SOFTCHOICE'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 SOFTCHOICE where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against SOFTCHOICE's related companies.
| Open | High | Low | Close | Volume | |
| 13.10 | 13.10 | 13.10 | 13.10 | 1.00 | |
10/17/2024 | 13.90 | 13.90 | 13.90 | 13.90 | 1.00 |
| 14.20 | 14.20 | 14.20 | 14.20 | 1.00 |
| Backtest SOFTCHOICE | | | SOFTCHOICE History | Previous | Next |
SOFTCHOICE Trading Date Momentum on October 17, 2024
| On October 18 2024 SOFTCHOICE P was traded for 14.20 at the closing time. The highest daily price throughout the period was 14.20 and the lowest price was 14.20 . There was no trading activity during the period 1.0. Lack of trading volume on 10/18/2024 added to the next day price rise. The daily price change to closing price of the next trading day was 2.16% . The trading price change to current closing price is 2.88% . |
Price Boundaries
SOFTCHOICE Period Price Range
Low | November 26, 2024
| High |
0.00 | 0.00 |
SOFTCHOICE P 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.
SOFTCHOICE November 26, 2024 Market Strength
Market strength indicators help investors to evaluate how SOFTCHOICE stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading SOFTCHOICE shares will generate the highest return on investment. By undertsting and applying SOFTCHOICE stock market strength indicators, traders can identify SOFTCHOICE P entry and exit signals to maximize returns
SOFTCHOICE Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for SOFTCHOICE's price direction in advance. Along with the technical and fundamental analysis of SOFTCHOICE Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of SOFTCHOICE 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 | 0.1103 | |||
| Jensen Alpha | 0.3094 | |||
| Total Risk Alpha | (0.07) | |||
| Sortino Ratio | 0.0788 | |||
| Treynor Ratio | 2.13 |
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| Volume Indicators |
Complementary Tools for SOFTCHOICE Stock analysis
When running SOFTCHOICE's price analysis, check to measure SOFTCHOICE'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 SOFTCHOICE is operating at the current time. Most of SOFTCHOICE's value examination focuses on studying past and present price action to predict the probability of SOFTCHOICE's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move SOFTCHOICE's price. Additionally, you may evaluate how the addition of SOFTCHOICE to your portfolios can decrease your overall portfolio volatility.
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