FIRSTRAND (Germany) Price on March 22, 2024
| FSRA Stock | EUR 4.04 0.04 1.00% |
If you're considering investing in FIRSTRAND Stock, it is important to understand the factors that can impact its price. As of today, the current price of FIRSTRAND stands at 4.04, as last reported on the 28th of November, with the highest price reaching 4.04 and the lowest price hitting 4.04 during the day. FIRSTRAND is dangerous given 3 months investment horizon. FIRSTRAND secures Sharpe Ratio (or Efficiency) of 0.12, which denotes the company had a 0.12% return per unit of volatility over the last 3 months. We are able to break down and analyze data for twenty-seven different technical indicators, which can help you to evaluate if expected returns of 1.51% are justified by taking the suggested risk. Use FIRSTRAND Market Risk Adjusted Performance of (2.43), downside deviation of 1.72, and Mean Deviation of 3.2 to evaluate company specific risk that cannot be diversified away.
FIRSTRAND Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
FIRSTRAND |
Sharpe Ratio = 0.1228
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Estimated Market Risk
| 12.26 actual daily | 96 96% of assets are less volatile |
Expected Return
| 1.51 actual daily | 30 70% of assets have higher returns |
Risk-Adjusted Return
| 0.12 actual daily | 9 91% of assets perform better |
Based on monthly moving average FIRSTRAND is performing at about 9% 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 FIRSTRAND by adding it to a well-diversified portfolio.
FIRSTRAND Valuation on March 22, 2024
It is possible to determine the worth of FIRSTRAND on a given historical date. On March 22, 2024 FIRSTRAND was worth 1.46 at the beginning of the trading date compared to the closed value of 1.46. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of FIRSTRAND stock. Still, in general, we apply an absolute valuation method to find FIRSTRAND'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 FIRSTRAND where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against FIRSTRAND's related companies.
| Open | High | Low | Close | Volume | |
| 1.45 | 1.50 | 1.45 | 1.50 | 700.00 | |
03/22/2024 | 1.46 | 1.46 | 1.46 | 1.46 | 1.00 |
| 1.44 | 1.44 | 1.44 | 1.44 | 1.00 |
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FIRSTRAND Trading Date Momentum on March 22, 2024
| On March 25 2024 FIRSTRAND was traded for 1.44 at the closing time. The highest price during the trading period was 1.44 and the lowest recorded bid was listed for 1.44 . There was no trading activity during the period 1.0. Lack of trading volume on March 25, 2024 contributed to the next trading day price decline. The overall trading delta to the next closing price was 1.37% . The overall trading delta to the current price is 0.68% . |
FIRSTRAND Fundamentals Correlations and Trends
By evaluating FIRSTRAND'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 FIRSTRAND's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. FIRSTRAND financial account trend analysis is a perfect complement when working with valuation or volatility modules.About FIRSTRAND Stock history
FIRSTRAND 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 FIRSTRAND is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in FIRSTRAND 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 FIRSTRAND stock prices may prove useful in developing a viable investing in FIRSTRAND
FIRSTRAND Stock Technical Analysis
FIRSTRAND 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
FIRSTRAND Period Price Range
Low | November 28, 2024
| High |
0.00 | 0.00 |
FIRSTRAND cannot be verified against its exchange. Please verify the symbol is currently traded on Munich 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.
FIRSTRAND November 28, 2024 Market Strength
Market strength indicators help investors to evaluate how FIRSTRAND stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading FIRSTRAND shares will generate the highest return on investment. By undertsting and applying FIRSTRAND stock market strength indicators, traders can identify FIRSTRAND entry and exit signals to maximize returns
FIRSTRAND Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for FIRSTRAND's price direction in advance. Along with the technical and fundamental analysis of FIRSTRAND Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of FIRSTRAND 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 | 0.1027 | |||
| Jensen Alpha | 1.54 | |||
| Total Risk Alpha | (0.36) | |||
| Sortino Ratio | 0.7887 | |||
| Treynor Ratio | (2.44) |
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| Volume Indicators |
Additional Tools for FIRSTRAND Stock Analysis
When running FIRSTRAND's price analysis, check to measure FIRSTRAND'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 FIRSTRAND is operating at the current time. Most of FIRSTRAND's value examination focuses on studying past and present price action to predict the probability of FIRSTRAND's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move FIRSTRAND's price. Additionally, you may evaluate how the addition of FIRSTRAND to your portfolios can decrease your overall portfolio volatility.