Netmedia Group (France) Price on February 23, 2024
| ALNMG Stock | 1.74 0.05 2.79% |
If you're considering investing in Netmedia Stock, it is important to understand the factors that can impact its price. As of today, the current price of Netmedia Group stands at 1.74, as last reported on the 26th of November, with the highest price reaching 1.79 and the lowest price hitting 1.70 during the day. Netmedia Group SA has Sharpe Ratio of -0.11, which conveys that the firm had a -0.11% return per unit of risk over the last 3 months. Netmedia Group exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please verify Netmedia Group's Standard Deviation of 4.09, mean deviation of 2.6, and Risk Adjusted Performance of (0.06) to check out the risk estimate we provide.
Netmedia Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
Netmedia |
Sharpe Ratio = -0.1055
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Estimated Market Risk
| 4.13 actual daily | 36 64% of assets are more volatile |
Expected Return
| -0.44 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| -0.11 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Netmedia Group 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 Netmedia Group by adding Netmedia Group to a well-diversified portfolio.
Netmedia Group Valuation on February 23, 2024
It is possible to determine the worth of Netmedia Group on a given historical date. On February 23, 2024 Netmedia was worth 3.64 at the beginning of the trading date compared to the closed value of 3.77. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Netmedia Group stock. Still, in general, we apply an absolute valuation method to find Netmedia Group'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 Netmedia Group where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Netmedia Group's related companies.
| Open | High | Low | Close | Volume | |
| 3.64 | 3.79 | 3.63 | 3.63 | 1,033 | |
02/23/2024 | 3.64 | 3.77 | 3.64 | 3.77 | 30.00 |
| 3.60 | 3.76 | 3.32 | 3.66 | 3,887 |
| Backtest Netmedia Group | | | Netmedia Group History | Previous | Next |
Netmedia Group Trading Date Momentum on February 23, 2024
| On February 26 2024 Netmedia Group SA was traded for 3.66 at the closing time. The highest price during the trading period was 3.76 and the lowest recorded bid was listed for 3.32 . The volume for the day was 3.9 K. This history from February 26, 2024 contributed to the next trading day price decline. The overall trading delta to the next closing price was 2.92% . The trading delta at closing time to the current price is 7.69% . |
Price Boundaries
Netmedia Group Period Price Range
Low | November 26, 2024
| High |
0.00 | 0.00 |
Netmedia Group SA 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.
Netmedia Group November 26, 2024 Market Strength
Market strength indicators help investors to evaluate how Netmedia Group stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Netmedia Group shares will generate the highest return on investment. By undertsting and applying Netmedia Group stock market strength indicators, traders can identify Netmedia Group SA entry and exit signals to maximize returns
Netmedia Group Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Netmedia Group's price direction in advance. Along with the technical and fundamental analysis of Netmedia Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Netmedia 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 | (0.06) | |||
| Jensen Alpha | (0.40) | |||
| Total Risk Alpha | (1.02) | |||
| Treynor Ratio | (2.59) |
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Additional Tools for Netmedia Stock Analysis
When running Netmedia Group's price analysis, check to measure Netmedia Group'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 Netmedia Group is operating at the current time. Most of Netmedia Group's value examination focuses on studying past and present price action to predict the probability of Netmedia Group's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Netmedia Group's price. Additionally, you may evaluate how the addition of Netmedia Group to your portfolios can decrease your overall portfolio volatility.