Eurofins Scientific Se Stock Price on November 29, 2024

ERFSF Stock  USD 50.22  0.85  1.72%   
If you're considering investing in Eurofins Pink Sheet, it is important to understand the factors that can impact its price. As of today, the current price of Eurofins Scientific stands at 50.22, as last reported on the 12th of December 2024, with the highest price reaching 51.98 and the lowest price hitting 50.01 during the day. Eurofins Scientific secures Sharpe Ratio (or Efficiency) of -0.0378, which denotes the company had a -0.0378% return per unit of risk over the last 3 months. Eurofins Scientific SE exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm Eurofins Scientific's Mean Deviation of 2.93, variance of 15.19, and Standard Deviation of 3.9 to check the risk estimate we provide.
  
Eurofins Pink Sheet price history is provided at the adjusted basis, taking into account all of the recent filings.

Sharpe Ratio = -0.0378

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Estimated Market Risk

 3.92
  actual daily
34
66% of assets are more volatile

Expected Return

 -0.15
  actual daily
0
Most of other assets have higher returns

Risk-Adjusted Return

 -0.04
  actual daily
0
Most of other assets perform better
Based on monthly moving average Eurofins Scientific 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 Eurofins Scientific by adding Eurofins Scientific to a well-diversified portfolio.

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Eurofins Scientific Valuation on November 29, 2024

It is possible to determine the worth of Eurofins Scientific on a given historical date. On November 29, 2024 Eurofins was worth 50.72 at the beginning of the trading date compared to the closed value of 48.45. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Eurofins Scientific pink sheet. Still, in general, we apply an absolute valuation method to find Eurofins Scientific'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 Eurofins Scientific where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Eurofins Scientific's related companies.
 Open High Low Close Volume
  48.82    49.94    47.54    47.54    26,300  
11/29/2024
  50.72    50.72    48.37    48.45    700.00  
  47.45    50.68    47.45    48.42    1,826  
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Open Value
50.72
48.45
Closing Value
62.49
Upside

Eurofins Scientific Trading Date Momentum on November 29, 2024

On December 02 2024 Eurofins Scientific SE was traded for  48.42  at the closing time. The highest daily price throughout the period was 50.68  and the lowest price was  47.45 . The daily volume was 1.8 K. The net trading volume on 12/02/2024 added to the next day price reduction. The overall trading delta to closing price of the next trading day was 0.06% . The overall trading delta to current closing price is 3.82% .

Eurofins Scientific Fundamentals Correlations and Trends

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

About Eurofins Scientific Pink Sheet history

Eurofins Scientific 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 Eurofins is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Eurofins Scientific 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 Eurofins Scientific stock prices may prove useful in developing a viable investing in Eurofins Scientific
Eurofins Scientific SE, together with its subsidiaries, provides various analytical testing and laboratory services worldwide. The company was founded in 1987 and is headquartered in Luxembourg City, Luxembourg. Eurofins Scientific operates under Diagnostics Research classification in the United States and is traded on OTC Exchange. It employs 61000 people.

Eurofins Scientific Pink Sheet Technical Analysis

Eurofins Scientific technical pink sheet 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, pink sheet market cycles, or different charting patterns.
A focus of Eurofins Scientific technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of Eurofins Scientific 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

Eurofins Scientific Period Price Range

Low
December 12, 2024
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High

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Eurofins Scientific SE cannot be verified against its exchange. Please verify the symbol is currently traded on PINK 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.

Eurofins Scientific December 12, 2024 Market Strength

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

Eurofins Scientific Technical and Predictive Indicators

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

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