Frigoglass SAIC (Greece) Price on April 13, 2023

FRIGO Stock  EUR 0.21  0.01  4.55%   
If you're considering investing in Frigoglass Stock, it is important to understand the factors that can impact its price. As of today, the current price of Frigoglass SAIC stands at 0.21, as last reported on the 27th of November, with the highest price reaching 0.22 and the lowest price hitting 0.21 during the day. At this point, Frigoglass SAIC is out of control. Frigoglass SAIC secures Sharpe Ratio (or Efficiency) of 0.0096, which denotes the company had a 0.0096% return per unit of risk over the last 3 months. We have found twenty-eight technical indicators for Frigoglass SAIC, which you can use to evaluate the volatility of the firm. Please confirm Frigoglass SAIC's Mean Deviation of 3.42, downside deviation of 5.51, and Coefficient Of Variation of 4181.05 to check if the risk estimate we provide is consistent with the expected return of 0.0483%.
  
Frigoglass Stock price history is provided at the adjusted basis, taking into account all of the recent filings.

Sharpe Ratio = 0.0096

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Estimated Market Risk

 5.03
  actual daily
44
56% of assets are more volatile

Expected Return

 0.05
  actual daily
0
Most of other assets have higher returns

Risk-Adjusted Return

 0.01
  actual daily
0
Most of other assets perform better
Based on monthly moving average Frigoglass SAIC 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 Frigoglass SAIC by adding Frigoglass SAIC to a well-diversified portfolio.

Frigoglass SAIC Valuation on April 13, 2023

It is possible to determine the worth of Frigoglass SAIC on a given historical date. On April 13, 2023 Frigoglass was worth 0.23 at the beginning of the trading date compared to the closed value of 0.23. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Frigoglass SAIC stock. Still, in general, we apply an absolute valuation method to find Frigoglass SAIC'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 Frigoglass SAIC where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Frigoglass SAIC's related companies.
 Open High Low Close Volume
  0.24    0.24    0.24    0.24    57,320  
04/13/2023
  0.23    0.23    0.23    0.23    55,455  
  0.22    0.23    0.22    0.23    48,527  
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Open Value
0.23
0.23
Closing Value
15.31
Upside

Frigoglass SAIC Trading Date Momentum on April 13, 2023

On April 18 2023 Frigoglass SAIC was traded for  0.23  at the closing time. The highest price during the trading period was 0.23  and the lowest recorded bid was listed for  0.22 . The volume for the day was 48.5 K. This history from April 18, 2023 did not affect price variability. The overall trading delta to the current price is 4.35% .

Frigoglass SAIC Fundamentals Correlations and Trends

By evaluating Frigoglass SAIC'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 Frigoglass SAIC's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Frigoglass financial account trend analysis is a perfect complement when working with valuation or volatility modules.

About Frigoglass SAIC Stock history

Frigoglass SAIC 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 Frigoglass is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Frigoglass SAIC 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 Frigoglass SAIC stock prices may prove useful in developing a viable investing in Frigoglass SAIC
Frigoglass S.A.I.C., together with its subsidiaries, engages in the manufacturing, trading, and distribution of commercial refrigeration units and packaging materials for the beverage industry. The company was founded in 1996 and is based in Athens, Greece. FRIGOGLASS operates under Diversified Machinery classification in Greece and is traded on Athens Stock Exchange. It employs 5470 people.

Frigoglass SAIC Stock Technical Analysis

Frigoglass SAIC 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.
A focus of Frigoglass SAIC technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of Frigoglass SAIC trading pattern rather than external drivers such as economic, fundamental, or social events. It is believed that price action tends to repeat itself due to investors' collective, patterned behavior. Hence technical analysis focuses on identifiable price trends and conditions. More Info...

Price Boundaries

Frigoglass SAIC Period Price Range

Low
November 27, 2024
0.00  NaN%
High

 0.00 

     

 0.00 

Frigoglass SAIC cannot be verified against its exchange. Please verify the symbol is currently traded on Athens 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.

Frigoglass SAIC November 27, 2024 Market Strength

Market strength indicators help investors to evaluate how Frigoglass SAIC stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Frigoglass SAIC shares will generate the highest return on investment. By undertsting and applying Frigoglass SAIC stock market strength indicators, traders can identify Frigoglass SAIC entry and exit signals to maximize returns

Frigoglass SAIC Technical and Predictive Indicators

Predictive indicators are helping investors to find signals for Frigoglass SAIC's price direction in advance. Along with the technical and fundamental analysis of Frigoglass Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Frigoglass 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.

Complementary Tools for Frigoglass Stock analysis

When running Frigoglass SAIC's price analysis, check to measure Frigoglass SAIC'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 Frigoglass SAIC is operating at the current time. Most of Frigoglass SAIC's value examination focuses on studying past and present price action to predict the probability of Frigoglass SAIC's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Frigoglass SAIC's price. Additionally, you may evaluate how the addition of Frigoglass SAIC to your portfolios can decrease your overall portfolio volatility.
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