OCEAN GEOLOOP (Germany) Price on October 7, 2024
| FQ4 Stock | 0.34 0.02 6.25% |
If you're considering investing in OCEAN Stock, it is important to understand the factors that can impact its price. As of today, the current price of OCEAN GEOLOOP stands at 0.34, as last reported on the 28th of November, with the highest price reaching 0.41 and the lowest price hitting 0.30 during the day. OCEAN GEOLOOP AS maintains Sharpe Ratio (i.e., Efficiency) of -0.11, which implies the company had a -0.11% return per unit of risk over the last 3 months. OCEAN GEOLOOP AS exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please check OCEAN GEOLOOP's Market Risk Adjusted Performance of (0.36), variance of 49.25, and Coefficient Of Variation of (1,183) to confirm the risk estimate we provide.
OCEAN Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
OCEAN |
Sharpe Ratio = -0.1138
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| Negative Returns | FQ4 |
Estimated Market Risk
| 7.03 actual daily | 62 62% of assets are less volatile |
Expected Return
| -0.8 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| -0.11 actual daily | 0 Most of other assets perform better |
Based on monthly moving average OCEAN GEOLOOP 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 OCEAN GEOLOOP by adding OCEAN GEOLOOP to a well-diversified portfolio.
OCEAN GEOLOOP Valuation on October 7, 2024
It is possible to determine the worth of OCEAN GEOLOOP on a given historical date. On October 7, 2024 OCEAN was worth 0.57 at the beginning of the trading date compared to the closed value of 0.55. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of OCEAN GEOLOOP stock. Still, in general, we apply an absolute valuation method to find OCEAN GEOLOOP'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 OCEAN GEOLOOP where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against OCEAN GEOLOOP's related companies.
| Open | High | Low | Close | Volume | |
| 0.49 | 0.53 | 0.49 | 0.53 | 1,000.00 | |
10/07/2024 | 0.57 | 0.57 | 0.50 | 0.55 | 1.00 |
| 0.55 | 0.55 | 0.49 | 0.50 | 1.00 |
| Backtest OCEAN GEOLOOP | | | OCEAN GEOLOOP History | Previous | Next |
OCEAN GEOLOOP Trading Date Momentum on October 7, 2024
| On October 08 2024 OCEAN GEOLOOP AS NK was traded for 0.50 at the closing time. The highest daily price throughout the period was 0.55 and the lowest price was 0.49 . There was no trading activity during the period 1.0. Lack of trading volume on 10/08/2024 added to the next day price reduction. The overall trading delta to closing price of the next trading day was 9.09% . The trading delta at closing time to current closing price is 3.64% . |
Price Boundaries
OCEAN GEOLOOP Period Price Range
Low | November 28, 2024
| High |
0.00 | 0.00 |
OCEAN GEOLOOP AS NK 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.
OCEAN GEOLOOP November 28, 2024 Market Strength
Market strength indicators help investors to evaluate how OCEAN GEOLOOP stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading OCEAN GEOLOOP shares will generate the highest return on investment. By undertsting and applying OCEAN GEOLOOP stock market strength indicators, traders can identify OCEAN GEOLOOP AS NK entry and exit signals to maximize returns
OCEAN GEOLOOP Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for OCEAN GEOLOOP's price direction in advance. Along with the technical and fundamental analysis of OCEAN Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of OCEAN 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 | (0.06) | |||
| Jensen Alpha | (0.79) | |||
| Total Risk Alpha | (1.66) | |||
| Treynor Ratio | (0.37) |
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Complementary Tools for OCEAN Stock analysis
When running OCEAN GEOLOOP's price analysis, check to measure OCEAN GEOLOOP'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 OCEAN GEOLOOP is operating at the current time. Most of OCEAN GEOLOOP's value examination focuses on studying past and present price action to predict the probability of OCEAN GEOLOOP's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move OCEAN GEOLOOP's price. Additionally, you may evaluate how the addition of OCEAN GEOLOOP to your portfolios can decrease your overall portfolio volatility.
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