Dromeas SA (Greece) Price on March 1, 2023

If you're considering investing in Dromeas Stock, it is important to understand the factors that can impact its price. Dromeas SA secures Sharpe Ratio (or Efficiency) of -0.0522, which denotes the company had a -0.0522% return per unit of risk over the last 3 months. Dromeas SA exposes zero different technical indicators, which can help you to evaluate volatility embedded in its price movement.
  
Dromeas Stock price history is provided at the adjusted basis, taking into account all of the recent filings.

Sharpe Ratio = 0.0

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Based on monthly moving average Dromeas SA 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 Dromeas SA by adding Dromeas SA to a well-diversified portfolio.

Dromeas SA Valuation on March 1, 2023

It is possible to determine the worth of Dromeas SA on a given historical date. On March 1, 2023 Dromeas was worth 0.35 at the beginning of the trading date compared to the closed value of 0.36. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Dromeas SA stock. Still, in general, we apply an absolute valuation method to find Dromeas SA'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 Dromeas SA where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Dromeas SA's related companies.
 Open High Low Close Volume
  0.35    0.36    0.35    0.35    29,402  
03/01/2023
  0.35    0.36    0.34    0.36    23,133  
  0.35    0.35    0.35    0.35    3,695  
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Open Value
0.35
0.36
Closing Value
7.55
Upside

Dromeas SA Trading Date Momentum on March 1, 2023

On March 02 2023 Dromeas SA was traded for  0.35  at the closing time. The highest price during the trading period was 0.35  and the lowest recorded bid was listed for  0.35 . The volume for the day was 3.7 K. This history from March 2, 2023 contributed to the next trading day price decline. The overall trading delta to the next closing price was 2.78% . The overall trading delta to the current price is 8.33% .

Dromeas SA Fundamentals Correlations and Trends

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

About Dromeas SA Stock history

Dromeas SA 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 Dromeas is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Dromeas SA 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 Dromeas SA stock prices may prove useful in developing a viable investing in Dromeas SA
Dromeas SA produces and markets office furniture, partition walls, filing systems, and custom made furniture solutions. Dromeas SA was founded in 1979 and is based in Serres, Greece. DROMEAS S operates under Home Furnishings Fixtures classification in Greece and is traded on Athens Stock Exchange.

Dromeas SA Stock Technical Analysis

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

Dromeas SA Period Price Range

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Dromeas SA cannot be verified against its exchange. Please verify the symbol is currently traded on Athens 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.

Dromeas SA December 2, 2024 Market Strength

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

Dromeas SA Technical and Predictive Indicators

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

Complementary Tools for Dromeas Stock analysis

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