Ferrum SA (Argentina) Price on October 19, 2023
FERR Stock | ARS 42.45 0.65 1.56% |
If you're considering investing in Ferrum Stock, it is important to understand the factors that can impact its price. As of today, the current price of Ferrum SA stands at 42.45, as last reported on the 22nd of January, with the highest price reaching 43.10 and the lowest price hitting 41.00 during the day. Ferrum SA secures Sharpe Ratio (or Efficiency) of -0.0643, which denotes the company had a -0.0643 % return per unit of risk over the last 3 months. Ferrum SA exposes twenty-two different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm Ferrum SA's Standard Deviation of 10.32, mean deviation of 3.6, and Variance of 106.41 to check the risk estimate we provide.
Ferrum Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
Ferrum |
Sharpe Ratio = -0.0643
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Estimated Market Risk
10.69 actual daily | 95 95% of assets are less volatile |
Expected Return
-0.69 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
-0.06 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Ferrum 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 Ferrum SA by adding Ferrum SA to a well-diversified portfolio.
Ferrum SA Valuation on October 19, 2023
It is possible to determine the worth of Ferrum SA on a given historical date. On October 19, 2023 Ferrum was worth 63.69 at the beginning of the trading date compared to the closed value of 60.2. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Ferrum SA stock. Still, in general, we apply an absolute valuation method to find Ferrum 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 Ferrum SA where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Ferrum SA's related companies.
Open | High | Low | Close | Volume | |
63.00 | 66.70 | 59.10 | 62.70 | 157,098 | |
10/19/2023 | 63.69 | 63.89 | 58.50 | 60.20 | 77,965 |
59.40 | 62.39 | 56.90 | 59.80 | 67,342 |
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Ferrum SA Trading Date Momentum on October 19, 2023
On October 20 2023 Ferrum SA was traded for 59.80 at the closing time. The highest price during the trading period was 62.39 and the lowest recorded bid was listed for 56.90 . The volume for the day was 67.3 K. This history from October 20, 2023 contributed to the next trading day price decline. The overall trading delta to the next closing price was 0.66% . The overall trading delta to the current price is 18.60% . |
Ferrum SA Fundamentals Correlations and Trends
By evaluating Ferrum 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 Ferrum SA's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Ferrum financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Ferrum SA Stock history
Ferrum 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 Ferrum is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Ferrum 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 Ferrum SA stock prices may prove useful in developing a viable investing in Ferrum SA
Ferrum Sociedad Anonima de Ceramica y Metalurgia offers sanitary ware products. It offers tapas and seats, public spaces, laundry products, sinks and lavatories, bathroom accessories, vanitories, bathtubs, screens, receptacles, cabins, and spare parts. FERRUM SA is traded on Buenos-Aires Stock Exchange in Argentina.
Ferrum SA Stock Technical Analysis
Ferrum 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.
Price Boundaries
Ferrum SA Period Price Range
Low | January 22, 2025
| High |
0.00 | 0.00 |
Ferrum SA cannot be verified against its exchange. Please verify the symbol is currently traded on Buenos Aires 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.
Ferrum SA January 22, 2025 Market Strength
Market strength indicators help investors to evaluate how Ferrum 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 Ferrum SA shares will generate the highest return on investment. By undertsting and applying Ferrum SA stock market strength indicators, traders can identify Ferrum SA entry and exit signals to maximize returns
Ferrum SA Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Ferrum SA's price direction in advance. Along with the technical and fundamental analysis of Ferrum Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Ferrum 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 | (0.03) | |||
Jensen Alpha | (0.47) | |||
Total Risk Alpha | (0.83) | |||
Treynor Ratio | 0.3334 |
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Complementary Tools for Ferrum Stock analysis
When running Ferrum SA's price analysis, check to measure Ferrum 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 Ferrum SA is operating at the current time. Most of Ferrum SA's value examination focuses on studying past and present price action to predict the probability of Ferrum 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 Ferrum SA's price. Additionally, you may evaluate how the addition of Ferrum SA to your portfolios can decrease your overall portfolio volatility.
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