FRESENIUS SECO (Germany) Price on January 31, 2024
FREA Stock | EUR 8.10 0.05 0.61% |
If you're considering investing in FRESENIUS Stock, it is important to understand the factors that can impact its price. As of today, the current price of FRESENIUS SECO stands at 8.10, as last reported on the 2nd of December, with the highest price reaching 8.10 and the lowest price hitting 8.10 during the day. FRESENIUS SECO ADR secures Sharpe Ratio (or Efficiency) of -0.0037, which denotes the company had a -0.0037% return per unit of return volatility over the last 3 months. FRESENIUS SECO ADR exposes twenty-seven different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm FRESENIUS SECO's mean deviation of 1.08, and Downside Deviation of 1.82 to check the risk estimate we provide.
FRESENIUS Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
FRESENIUS |
Sharpe Ratio = -0.0037
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Estimated Market Risk
1.62 actual daily | 14 86% of assets are more volatile |
Expected Return
-0.01 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
0.0 actual daily | 0 Most of other assets perform better |
Based on monthly moving average FRESENIUS SECO 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 FRESENIUS SECO by adding FRESENIUS SECO to a well-diversified portfolio.
FRESENIUS SECO Valuation on January 31, 2024
It is possible to determine the worth of FRESENIUS SECO on a given historical date. On January 31, 2024 FRESENIUS was worth 6.55 at the beginning of the trading date compared to the closed value of 6.55. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of FRESENIUS SECO stock. Still, in general, we apply an absolute valuation method to find FRESENIUS SECO'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 FRESENIUS SECO where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against FRESENIUS SECO's related companies.
Open | High | Low | Close | Volume | |
6.70 | 6.70 | 6.70 | 6.70 | 1,800 | |
01/31/2024 | 6.55 | 6.55 | 6.55 | 6.55 | 1,800 |
6.40 | 6.40 | 6.35 | 6.35 | 1,800 |
Backtest FRESENIUS SECO | | | FRESENIUS SECO History | | | FRESENIUS SECO Valuation | Previous | Next |
FRESENIUS SECO Trading Date Momentum on January 31, 2024
On February 01 2024 FRESENIUS SECO ADR was traded for 6.35 at the closing time. The maximum traded price for the trading interval was 6.40 and the lowest daily price was 6.35 . The daily volume was recorded at 1.8 K. The volume of trading on 1st of February 2024 played a part in the next trading day price drop. The overall trading delta to the next closing price was 3.05% . The overall trading delta to the closing price today is 5.34% . |
FRESENIUS SECO ADR Fundamentals Correlations and Trends
By evaluating FRESENIUS SECO'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 FRESENIUS SECO's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. FRESENIUS financial account trend analysis is a perfect complement when working with valuation or volatility modules.About FRESENIUS SECO Stock history
FRESENIUS SECO 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 FRESENIUS is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in FRESENIUS SECO ADR 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 FRESENIUS SECO stock prices may prove useful in developing a viable investing in FRESENIUS SECO
KGaA, a health care group, provides products and services for dialysis, hospitals, and outpatient medical care worldwide. KGaA was founded in 1912 and is headquartered in Bad Homburg vor der Hhe, Germany. FRESENIUS SECO operates under Medical Care classification in Germany and is traded on Frankfurt Stock Exchange. It employs 288459 people.
FRESENIUS SECO Stock Technical Analysis
FRESENIUS SECO 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
FRESENIUS SECO Period Price Range
Low | December 2, 2024
| High |
0.00 | 0.00 |
FRESENIUS SECO ADR 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.
FRESENIUS SECO December 2, 2024 Market Strength
Market strength indicators help investors to evaluate how FRESENIUS SECO stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading FRESENIUS SECO shares will generate the highest return on investment. By undertsting and applying FRESENIUS SECO stock market strength indicators, traders can identify FRESENIUS SECO ADR entry and exit signals to maximize returns
FRESENIUS SECO Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for FRESENIUS SECO's price direction in advance. Along with the technical and fundamental analysis of FRESENIUS Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of FRESENIUS 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 | 0.0069 | |||
Jensen Alpha | (0.08) | |||
Total Risk Alpha | (0.28) | |||
Sortino Ratio | (0.07) | |||
Treynor Ratio | (0.01) |
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Complementary Tools for FRESENIUS Stock analysis
When running FRESENIUS SECO's price analysis, check to measure FRESENIUS SECO'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 FRESENIUS SECO is operating at the current time. Most of FRESENIUS SECO's value examination focuses on studying past and present price action to predict the probability of FRESENIUS SECO's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move FRESENIUS SECO's price. Additionally, you may evaluate how the addition of FRESENIUS SECO to your portfolios can decrease your overall portfolio volatility.
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