Freenet AG (Germany) Price on October 17, 2024
| FNTN Stock | 29.26 0.22 0.76% |
If you're considering investing in Freenet Stock, it is important to understand the factors that can impact its price. As of today, the current price of Freenet AG stands at 29.26, as last reported on the 2nd of December, with the highest price reaching 29.32 and the lowest price hitting 29.08 during the day. At this point, Freenet AG is very steady. freenet AG secures Sharpe Ratio (or Efficiency) of 0.14, which denotes the company had a 0.14% return per unit of risk over the last 3 months. We have found twenty-nine technical indicators for freenet AG, which you can use to evaluate the volatility of the firm. Please confirm Freenet AG's Risk Adjusted Performance of 0.1218, semi deviation of 0.6834, and Downside Deviation of 0.9749 to check if the risk estimate we provide is consistent with the expected return of 0.14%.
Freenet Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
Freenet |
Sharpe Ratio = 0.137
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Estimated Market Risk
| 1.05 actual daily | 9 91% of assets are more volatile |
Expected Return
| 0.14 actual daily | 2 98% of assets have higher returns |
Risk-Adjusted Return
| 0.14 actual daily | 10 90% of assets perform better |
Based on monthly moving average Freenet AG is performing at about 10% 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 Freenet AG by adding it to a well-diversified portfolio.
Freenet AG Valuation on October 17, 2024
It is possible to determine the worth of Freenet AG on a given historical date. On October 17, 2024 Freenet was worth 28.24 at the beginning of the trading date compared to the closed value of 28.16. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Freenet AG stock. Still, in general, we apply an absolute valuation method to find Freenet AG'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 Freenet AG where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Freenet AG's related companies.
| Open | High | Low | Close | Volume | |
| 27.80 | 28.22 | 27.80 | 28.22 | 337,207 | |
10/17/2024 | 28.24 | 28.38 | 28.14 | 28.16 | 174,414 |
| 28.12 | 28.12 | 27.72 | 28.02 | 269,575 |
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Freenet AG Trading Date Momentum on October 17, 2024
| On October 18 2024 freenet AG was traded for 28.02 at the closing time. The highest price during the trading period was 28.12 and the lowest recorded bid was listed for 27.72 . The volume for the day was 269.6 K. This history from October 18, 2024 contributed to the next trading day price decline. The overall trading delta to the next closing price was 0.50% . The trading date delta to the current price is 0.64% . |
freenet AG Fundamentals Correlations and Trends
By evaluating Freenet AG'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 Freenet AG's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Freenet financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Freenet AG Stock history
Freenet AG 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 Freenet is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in freenet AG 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 Freenet AG stock prices may prove useful in developing a viable investing in Freenet AG
Freenet AG Stock Technical Analysis
Freenet AG 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
Freenet AG Period Price Range
Low | December 2, 2024
| High |
0.00 | 0.00 |
freenet AG cannot be verified against its exchange. Please verify the symbol is currently traded on XETRA Stock 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.
Freenet AG December 2, 2024 Market Strength
Market strength indicators help investors to evaluate how Freenet AG stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Freenet AG shares will generate the highest return on investment. By undertsting and applying Freenet AG stock market strength indicators, traders can identify freenet AG entry and exit signals to maximize returns
Freenet AG Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Freenet AG's price direction in advance. Along with the technical and fundamental analysis of Freenet Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Freenet 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 | 0.1218 | |||
| Jensen Alpha | 0.1522 | |||
| Total Risk Alpha | (0.02) | |||
| Sortino Ratio | 0.0267 | |||
| Treynor Ratio | 13.84 |
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Complementary Tools for Freenet Stock analysis
When running Freenet AG's price analysis, check to measure Freenet AG'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 Freenet AG is operating at the current time. Most of Freenet AG's value examination focuses on studying past and present price action to predict the probability of Freenet AG's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Freenet AG's price. Additionally, you may evaluate how the addition of Freenet AG to your portfolios can decrease your overall portfolio volatility.
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