Fomento De (Spain) Price on November 5, 2024
FCC Stock | EUR 9.12 0.06 0.65% |
If you're considering investing in Fomento Stock, it is important to understand the factors that can impact its price. As of today, the current price of Fomento De stands at 9.12, as last reported on the 27th of November, with the highest price reaching 9.27 and the lowest price hitting 9.04 during the day. Fomento de Construcciones secures Sharpe Ratio (or Efficiency) of -0.0404, which denotes the company had a -0.0404% return per unit of risk over the last 3 months. Fomento de Construcciones exposes twenty-two different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm Fomento De's Standard Deviation of 1.35, variance of 1.81, and Mean Deviation of 0.9713 to check the risk estimate we provide.
Fomento Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
Fomento |
Sharpe Ratio = -0.0404
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Estimated Market Risk
1.36 actual daily | 12 88% of assets are more volatile |
Expected Return
-0.05 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 Fomento De 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 Fomento De by adding Fomento De to a well-diversified portfolio.
Fomento De Valuation on November 5, 2024
It is possible to determine the worth of Fomento De on a given historical date. On November 5, 2024 Fomento was worth 9.23 at the beginning of the trading date compared to the closed value of 9.42. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Fomento De stock. Still, in general, we apply an absolute valuation method to find Fomento De'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 Fomento De where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Fomento De's related companies.
Open | High | Low | Close | Volume | |
9.60 | 9.60 | 9.19 | 9.26 | 39,919 | |
11/05/2024 | 9.23 | 9.49 | 9.23 | 9.42 | 36,887 |
9.32 | 9.46 | 9.24 | 9.30 | 19,409 |
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Fomento De Trading Date Momentum on November 5, 2024
On November 06 2024 Fomento de Construcciones was traded for 9.30 at the closing time. The maximum traded price for the trading interval was 9.46 and the lowest daily price was 9.24 . The daily volume was recorded at 19.4 K. The volume of trading on 6th of November 2024 played a part in the next trading day price drop. The overall trading delta to the next closing price was 1.27% . The overall trading delta to the closing price today is 3.08% . |
Fomento de Construcciones Fundamentals Correlations and Trends
By evaluating Fomento De'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 Fomento De's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Fomento financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Fomento De Stock history
Fomento De 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 Fomento is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Fomento de Construcciones 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 Fomento De stock prices may prove useful in developing a viable investing in Fomento De
Fomento de Construcciones y Contratas, S.A., together with its subsidiaries, engages in the environmental services, water, and infrastructure development businesses in Spain and internationally. Fomento de Construcciones y Contratas, S.A. is a subsidiary of Control Empresarial de Capitales, S.A. de C.V. Fomento de operates under Waste Management classification in Spain and is traded on Madrid SE C.A.T.S.. It employs 50301 people.
Fomento De Stock Technical Analysis
Fomento De 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
Fomento De Period Price Range
Low | November 27, 2024
| High |
0.00 | 0.00 |
Fomento de Construcciones cannot be verified against its exchange. Please verify the symbol is currently traded on Madrid 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.
Fomento De November 27, 2024 Market Strength
Market strength indicators help investors to evaluate how Fomento De stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Fomento De shares will generate the highest return on investment. By undertsting and applying Fomento De stock market strength indicators, traders can identify Fomento de Construcciones entry and exit signals to maximize returns
Fomento De Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Fomento De's price direction in advance. Along with the technical and fundamental analysis of Fomento Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Fomento 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 | (0.06) | |||
Total Risk Alpha | (0.23) | |||
Treynor Ratio | (0.08) |
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Volume Indicators |
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When running Fomento De's price analysis, check to measure Fomento De'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 Fomento De is operating at the current time. Most of Fomento De's value examination focuses on studying past and present price action to predict the probability of Fomento De's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Fomento De's price. Additionally, you may evaluate how the addition of Fomento De to your portfolios can decrease your overall portfolio volatility.
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