Roctool (France) Price on February 29, 2024
| ALROC Stock | EUR 0.42 0.01 2.44% |
If you're considering investing in Roctool Stock, it is important to understand the factors that can impact its price. As of today, the current price of Roctool stands at 0.42, as last reported on the 29th of November, with the highest price reaching 0.43 and the lowest price hitting 0.40 during the day. Roctool maintains Sharpe Ratio (i.e., Efficiency) of -0.0115, which implies the firm had a -0.0115% return per unit of risk over the last 3 months. Roctool exposes twenty-four different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please check Roctool's insignificant Risk Adjusted Performance, variance of 52.05, and Coefficient Of Variation of (6,496) to confirm the risk estimate we provide.
Roctool Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
Roctool |
Sharpe Ratio = -0.0115
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Estimated Market Risk
| 7.27 actual daily | 64 64% of assets are less volatile |
Expected Return
| -0.08 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| -0.01 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Roctool 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 Roctool by adding Roctool to a well-diversified portfolio.
Roctool Valuation on February 29, 2024
It is possible to determine the worth of Roctool on a given historical date. On February 29, 2024 Roctool was worth 1.55 at the beginning of the trading date compared to the closed value of 1.62. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Roctool stock. Still, in general, we apply an absolute valuation method to find Roctool'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 Roctool where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Roctool's related companies.
| Open | High | Low | Close | Volume | |
| 1.67 | 1.67 | 1.53 | 1.62 | 19,604 | |
02/29/2024 | 1.55 | 1.62 | 1.53 | 1.62 | 15,639 |
| 1.65 | 1.65 | 1.50 | 1.59 | 22,511 |
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Roctool Trading Date Momentum on February 29, 2024
| On March 01 2024 Roctool was traded for 1.59 at the closing time. The highest price during the trading period was 1.65 and the lowest recorded bid was listed for 1.50 . The volume for the day was 22.5 K. This history from March 1, 2024 contributed to the next trading day price decline. The overall trading delta to the next closing price was 1.85% . The trading delta at closing time to the current price is 6.79% . |
Roctool Fundamentals Correlations and Trends
By evaluating Roctool'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 Roctool's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Roctool financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Roctool Stock history
Roctool 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 Roctool is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Roctool 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 Roctool stock prices may prove useful in developing a viable investing in Roctool
RocTool S.A. provides induction heating systems, tooling hardware products, power units, and peripherals in France and internationally. The company serves automotive, consumer electronics, consumer goods, aerospace, and medical markets. ROCTOOL operates under Electronic Components classification in France and is traded on Paris Stock Exchange. It employs 62 people.
Roctool Stock Technical Analysis
Roctool 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
Roctool Period Price Range
Low | November 29, 2024
| High |
0.00 | 0.00 |
Roctool 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.
Roctool November 29, 2024 Market Strength
Market strength indicators help investors to evaluate how Roctool stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Roctool shares will generate the highest return on investment. By undertsting and applying Roctool stock market strength indicators, traders can identify Roctool entry and exit signals to maximize returns
Roctool Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Roctool's price direction in advance. Along with the technical and fundamental analysis of Roctool Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Roctool 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) | |||
| Jensen Alpha | (0.34) | |||
| Total Risk Alpha | (1.21) | |||
| Treynor Ratio | (0.06) |
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Additional Tools for Roctool Stock Analysis
When running Roctool's price analysis, check to measure Roctool'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 Roctool is operating at the current time. Most of Roctool's value examination focuses on studying past and present price action to predict the probability of Roctool's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Roctool's price. Additionally, you may evaluate how the addition of Roctool to your portfolios can decrease your overall portfolio volatility.