OPERADDSITMEXA1 -01 (Germany) Price on October 16, 2024
| 98Y Stock | 0.61 0.01 1.67% |
If you're considering investing in OPERADDSITMEXA1 Stock, it is important to understand the factors that can impact its price. As of today, the current price of OPERADDSITMEXA1 -01 stands at 0.61, as last reported on the 1st of December, with the highest price reaching 0.61 and the lowest price hitting 0.60 during the day. OPERADDSITMEXA1 -01 maintains Sharpe Ratio (i.e., Efficiency) of -0.0795, which implies the firm had a -0.0795% return per unit of risk over the last 3 months. OPERADDSITMEXA1 -01 exposes twenty-four different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please check OPERADDSITMEXA1 -01's Coefficient Of Variation of (1,388), mean deviation of 1.96, and Risk Adjusted Performance of (0.05) to confirm the risk estimate we provide.
OPERADDSITMEXA1 Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
OPERADDSITMEXA1 |
Sharpe Ratio = -0.0795
| Best Portfolio | Best Equity | |||
| Good Returns | ||||
| Average Returns | ||||
| Small Returns | ||||
| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
| Negative Returns | 98Y |
Estimated Market Risk
| 2.9 actual daily | 25 75% of assets are more volatile |
Expected Return
| -0.23 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| -0.08 actual daily | 0 Most of other assets perform better |
Based on monthly moving average OPERADDSITMEXA1 -01 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 OPERADDSITMEXA1 -01 by adding OPERADDSITMEXA1 -01 to a well-diversified portfolio.
OPERADDSITMEXA1 -01 Valuation on October 16, 2024
It is possible to determine the worth of OPERADDSITMEXA1 -01 on a given historical date. On October 16, 2024 OPERADDSITMEXA1 was worth 0.78 at the beginning of the trading date compared to the closed value of 0.77. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of OPERADDSITMEXA1 -01 stock. Still, in general, we apply an absolute valuation method to find OPERADDSITMEXA1 -01'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 OPERADDSITMEXA1 -01 where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against OPERADDSITMEXA1 -01's related companies.
| Open | High | Low | Close | Volume | |
| 0.79 | 0.79 | 0.79 | 0.79 | 1.00 | |
10/16/2024 | 0.78 | 0.78 | 0.77 | 0.77 | 400.00 |
| 0.79 | 0.79 | 0.78 | 0.78 | 400.00 |
| Backtest OPERADDSITMEXA1 -01 | | | OPERADDSITMEXA1 -01 History | Previous | Next |
OPERADDSITMEXA1 -01 Trading Date Momentum on October 16, 2024
| On October 17 2024 OPERADDSITMEXA1 01 was traded for 0.78 at the closing time. The highest daily price throughout the period was 0.79 and the lowest price was 0.78 . The daily volume was 400. The net trading volume on 10/17/2024 added to the next day price rise. The daily price change to closing price of the next trading day was 1.30% . The trading delta at closing time to current closing price is 0.00% . |
Price Boundaries
OPERADDSITMEXA1 -01 Period Price Range
Low | December 1, 2024
| High |
0.00 | 0.00 |
OPERADDSITMEXA1 01 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.
OPERADDSITMEXA1 -01 December 1, 2024 Market Strength
Market strength indicators help investors to evaluate how OPERADDSITMEXA1 -01 stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading OPERADDSITMEXA1 -01 shares will generate the highest return on investment. By undertsting and applying OPERADDSITMEXA1 -01 stock market strength indicators, traders can identify OPERADDSITMEXA1 01 entry and exit signals to maximize returns
OPERADDSITMEXA1 -01 Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for OPERADDSITMEXA1 -01's price direction in advance. Along with the technical and fundamental analysis of OPERADDSITMEXA1 Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of OPERADDSITMEXA1 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 | (0.05) | |||
| Jensen Alpha | (0.22) | |||
| Total Risk Alpha | (0.70) | |||
| Treynor Ratio | 9.03 |
| Cycle Indicators | ||
| Math Operators | ||
| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
Complementary Tools for OPERADDSITMEXA1 Stock analysis
When running OPERADDSITMEXA1 -01's price analysis, check to measure OPERADDSITMEXA1 -01'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 OPERADDSITMEXA1 -01 is operating at the current time. Most of OPERADDSITMEXA1 -01's value examination focuses on studying past and present price action to predict the probability of OPERADDSITMEXA1 -01's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move OPERADDSITMEXA1 -01's price. Additionally, you may evaluate how the addition of OPERADDSITMEXA1 -01 to your portfolios can decrease your overall portfolio volatility.
| Bollinger Bands Use Bollinger Bands indicator to analyze target price for a given investing horizon | |
| Portfolio Analyzer Portfolio analysis module that provides access to portfolio diagnostics and optimization engine | |
| Odds Of Bankruptcy Get analysis of equity chance of financial distress in the next 2 years | |
| Economic Indicators Top statistical indicators that provide insights into how an economy is performing | |
| Equity Forecasting Use basic forecasting models to generate price predictions and determine price momentum | |
| Efficient Frontier Plot and analyze your portfolio and positions against risk-return landscape of the market. | |
| Theme Ratings Determine theme ratings based on digital equity recommendations. Macroaxis theme ratings are based on combination of fundamental analysis and risk-adjusted market performance | |
| 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 Backtesting Avoid under-diversification and over-optimization by backtesting your portfolios |