FedEx (Germany) Price on September 3, 2024
| FDX Stock | EUR 286.40 0.55 0.19% |
If you're considering investing in FedEx Stock, it is important to understand the factors that can impact its price. As of today, the current price of FedEx stands at 286.40, as last reported on the 30th of November, with the highest price reaching 286.40 and the lowest price hitting 286.40 during the day. At this point, FedEx is very steady. FedEx secures Sharpe Ratio (or Efficiency) of 0.0551, which denotes the company had a 0.0551% return per unit of risk over the last 3 months. We have found twenty-eight technical indicators for FedEx, which you can use to evaluate the volatility of the firm. Please confirm FedEx's Mean Deviation of 1.37, coefficient of variation of 1654.51, and Downside Deviation of 2.79 to check if the risk estimate we provide is consistent with the expected return of 0.13%.
FedEx Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
FedEx |
Sharpe Ratio = 0.0551
| Best Portfolio | Best Equity | |||
| Good Returns | ||||
| Average Returns | ||||
| Small Returns | ||||
| Cash | Small Risk | FDX | High Risk | Huge Risk |
| Negative Returns |
Estimated Market Risk
| 2.41 actual daily | 21 79% of assets are more volatile |
Expected Return
| 0.13 actual daily | 2 98% of assets have higher returns |
Risk-Adjusted Return
| 0.06 actual daily | 4 96% of assets perform better |
Based on monthly moving average FedEx is performing at about 4% of its full potential. 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 FedEx by adding it to a well-diversified portfolio.
FedEx Valuation on September 3, 2024
It is possible to determine the worth of FedEx on a given historical date. On September 3, 2024 FedEx was worth 267.5 at the beginning of the trading date compared to the closed value of 266.16. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of FedEx stock. Still, in general, we apply an absolute valuation method to find FedEx'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 FedEx where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against FedEx's related companies.
| Open | High | Low | Close | Volume | |
| 267.70 | 267.70 | 267.70 | 267.70 | 71.00 | |
09/03/2024 | 267.50 | 267.75 | 266.16 | 266.16 | 221.00 |
| 262.23 | 264.37 | 262.23 | 264.37 | 177.00 |
| Backtest FedEx | | | FedEx History | | | FedEx Valuation | Previous | Next |
FedEx Trading Date Momentum on September 3, 2024
| On September 04 2024 FedEx was traded for 264.37 at the closing time. The highest daily price throughout the period was 264.37 and the lowest price was 262.23 . The daily volume was 177. The net trading volume on 09/04/2024 added to the next day price reduction. The overall trading delta to closing price of the next trading day was 0.67% . The overall trading delta to current closing price is 3.25% . |
FedEx Fundamentals Correlations and Trends
By evaluating FedEx'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 FedEx's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. FedEx financial account trend analysis is a perfect complement when working with valuation or volatility modules.About FedEx Stock history
FedEx 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 FedEx is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in FedEx 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 FedEx stock prices may prove useful in developing a viable investing in FedEx
FedEx Corporation provides transportation, e-commerce, and business services worldwide. FedEx Corporation was founded in 1971 and is headquartered in Memphis, Tennessee. FEDEX CORP operates under Integrated Shipping Logistics classification in Germany and is traded on Frankfurt Stock Exchange. It employs 309000 people.
FedEx Stock Technical Analysis
FedEx 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
FedEx Period Price Range
Low | November 30, 2024
| High |
0.00 | 0.00 |
FedEx cannot be verified against its exchange. Please verify the symbol is currently traded on Frankfurt 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.
FedEx November 30, 2024 Market Strength
Market strength indicators help investors to evaluate how FedEx stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading FedEx shares will generate the highest return on investment. By undertsting and applying FedEx stock market strength indicators, traders can identify FedEx entry and exit signals to maximize returns
FedEx Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for FedEx's price direction in advance. Along with the technical and fundamental analysis of FedEx Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of FedEx 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 | 0.053 | |||
| Jensen Alpha | 0.1232 | |||
| Total Risk Alpha | (0.27) | |||
| Sortino Ratio | 0.0029 | |||
| Treynor Ratio | 1.39 |
| Cycle Indicators | ||
| Math Operators | ||
| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
Complementary Tools for FedEx Stock analysis
When running FedEx's price analysis, check to measure FedEx'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 FedEx is operating at the current time. Most of FedEx's value examination focuses on studying past and present price action to predict the probability of FedEx's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move FedEx's price. Additionally, you may evaluate how the addition of FedEx to your portfolios can decrease your overall portfolio volatility.
| Price Exposure Probability Analyze equity upside and downside potential for a given time horizon across multiple markets | |
| Idea Breakdown Analyze constituents of all Macroaxis ideas. Macroaxis investment ideas are predefined, sector-focused investing themes | |
| Fundamental Analysis View fundamental data based on most recent published financial statements |