Innelec Multimedia (France) Price on May 9, 2023

ALINN Stock  EUR 2.97  0.07  2.30%   
If you're considering investing in Innelec Stock, it is important to understand the factors that can impact its price. As of today, the current price of Innelec Multimedia stands at 2.97, as last reported on the 25th of November, with the highest price reaching 3.09 and the lowest price hitting 2.97 during the day. Innelec Multimedia holds Efficiency (Sharpe) Ratio of -0.12, which attests that the entity had a -0.12% return per unit of risk over the last 3 months. Innelec Multimedia exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please check out Innelec Multimedia's Standard Deviation of 2.88, risk adjusted performance of (0.07), and Market Risk Adjusted Performance of 0.4427 to validate the risk estimate we provide.
  
Innelec Stock price history is provided at the adjusted basis, taking into account all of the recent filings.

Sharpe Ratio = -0.1169

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Estimated Market Risk

 2.91
  actual daily
25
75% of assets are more volatile

Expected Return

 -0.34
  actual daily
0
Most of other assets have higher returns

Risk-Adjusted Return

 -0.12
  actual daily
0
Most of other assets perform better
Based on monthly moving average Innelec Multimedia 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 Innelec Multimedia by adding Innelec Multimedia to a well-diversified portfolio.

Innelec Multimedia Valuation on May 9, 2023

It is possible to determine the worth of Innelec Multimedia on a given historical date. On May 9, 2023 Innelec was worth 5.29 at the beginning of the trading date compared to the closed value of 5.29. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Innelec Multimedia stock. Still, in general, we apply an absolute valuation method to find Innelec Multimedia'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 Innelec Multimedia where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Innelec Multimedia's related companies.
 Open High Low Close Volume
  5.26    5.29    5.26    5.29    143.00  
05/09/2023
  5.29    5.29    5.29    5.29    126.00  
  5.29    5.29    5.03    5.22    1,222  
Backtest Innelec Multimedia  |  Innelec Multimedia History  |  Innelec Multimedia Valuation   PreviousNext  
Open Value
5.29
5.29
Closing Value
14.03
Upside

Innelec Multimedia Trading Date Momentum on May 9, 2023

On May 10 2023 Innelec Multimedia was traded for  5.22  at the closing time. The highest price during the trading period was 5.29  and the lowest recorded bid was listed for  5.03 . The volume for the day was 1.2 K. This history from May 10, 2023 contributed to the next trading day price decline. The overall trading delta to the next closing price was 1.32% . The trading delta at closing time to the current price is 1.89% .

Innelec Multimedia Fundamentals Correlations and Trends

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

About Innelec Multimedia Stock history

Innelec Multimedia 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 Innelec is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Innelec Multimedia 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 Innelec Multimedia stock prices may prove useful in developing a viable investing in Innelec Multimedia
Millet Innovation SA provides skin care products for the prevention of bed sores and aesthetic improvement of scars. It markets its products through pharmacies, health prescribers, and distributors, as well as through catalog and the Internet worldwide. Millet Innovation is traded on Paris Stock Exchange in France.

Innelec Multimedia Stock Technical Analysis

Innelec Multimedia 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 Innelec Multimedia technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of Innelec Multimedia 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

Innelec Multimedia Period Price Range

Low
November 25, 2024
0.00  NaN%
High

 0.00 

     

 0.00 

Innelec Multimedia cannot be verified against its exchange. Please verify the symbol is currently traded on Euronext Paris. 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.

Innelec Multimedia November 25, 2024 Market Strength

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

Innelec Multimedia Technical and Predictive Indicators

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

Additional Tools for Innelec Stock Analysis

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