FLSmidth (Denmark) Price on May 14, 2024
| FLS Stock | DKK 373.20 6.20 1.69% |
If you're considering investing in FLSmidth Stock, it is important to understand the factors that can impact its price. As of today, the current price of FLSmidth stands at 373.20, as last reported on the 23rd of November, with the highest price reaching 373.20 and the lowest price hitting 365.80 during the day. As of now, FLSmidth Stock is very steady. FLSmidth secures Sharpe Ratio (or Efficiency) of 0.0878, which denotes the company had a 0.0878% return per unit of volatility over the last 3 months. We have found thirty technical indicators for FLSmidth Co, which you can use to evaluate the volatility of the firm. Please confirm FLSmidth's Downside Deviation of 1.61, market risk adjusted performance of (0.36), and Mean Deviation of 1.24 to check if the risk estimate we provide is consistent with the expected return of 0.14%.
FLSmidth Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
FLSmidth |
Sharpe Ratio = 0.0878
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Estimated Market Risk
| 1.6 actual daily | 14 86% of assets are more volatile |
Expected Return
| 0.14 actual daily | 2 98% of assets have higher returns |
Risk-Adjusted Return
| 0.09 actual daily | 6 94% of assets perform better |
Based on monthly moving average FLSmidth is performing at about 6% 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 FLSmidth by adding it to a well-diversified portfolio.
FLSmidth Valuation on May 14, 2024
It is possible to determine the worth of FLSmidth on a given historical date. On May 14, 2024 FLSmidth was worth 376.4 at the beginning of the trading date compared to the closed value of 383.2. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of FLSmidth stock. Still, in general, we apply an absolute valuation method to find FLSmidth'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 FLSmidth where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against FLSmidth's related companies.
| Open | High | Low | Close | Volume | |
| 367.00 | 378.80 | 367.00 | 378.80 | 203,105 | |
05/14/2024 | 376.40 | 385.00 | 375.00 | 383.20 | 253,820 |
| 371.40 | 401.00 | 367.00 | 393.80 | 465,692 |
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FLSmidth Trading Date Momentum on May 14, 2024
| On May 15 2024 FLSmidth Co was traded for 393.80 at the closing time. The maximum traded price for the trading interval was 401.00 and the lowest daily price was 367.00 . The daily volume was recorded at 465.7 K. The volume of trading on 15th of May 2024 played a part in the next trading day price boost. The overall trading delta to the next closing price was 2.77% . The overall trading delta to the closing price today is 0.05% . |
FLSmidth Fundamentals Correlations and Trends
By evaluating FLSmidth'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 FLSmidth's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. FLSmidth financial account trend analysis is a perfect complement when working with valuation or volatility modules.About FLSmidth Stock history
FLSmidth 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 FLSmidth is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in FLSmidth 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 FLSmidth stock prices may prove useful in developing a viable investing in FLSmidth
AS supplies engineering, equipment, and services to the cement and mining industries worldwide. The company was founded in 1882 and is headquartered in Copenhagen, Denmark. FLSmidth operates under Diversified Industrials classification in Denmark and is traded on Copenhagen Stock Exchange. It employs 11513 people.
FLSmidth Stock Technical Analysis
FLSmidth 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
FLSmidth Period Price Range
Low | November 23, 2024
| High |
0.00 | 0.00 |
FLSmidth Co cannot be verified against its exchange. Please verify the symbol is currently traded on Copenhagen 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.
FLSmidth November 23, 2024 Market Strength
Market strength indicators help investors to evaluate how FLSmidth stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading FLSmidth shares will generate the highest return on investment. By undertsting and applying FLSmidth stock market strength indicators, traders can identify FLSmidth Co entry and exit signals to maximize returns
FLSmidth Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for FLSmidth's price direction in advance. Along with the technical and fundamental analysis of FLSmidth Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of FLSmidth 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 | 0.0576 | |||
| Jensen Alpha | 0.125 | |||
| Total Risk Alpha | (0.11) | |||
| Sortino Ratio | (0.0005) | |||
| Treynor Ratio | (0.37) |
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Other Information on Investing in FLSmidth Stock
FLSmidth financial ratios help investors to determine whether FLSmidth Stock is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in FLSmidth with respect to the benefits of owning FLSmidth security.