GEAR4MUSIC (Germany) Price on November 24, 2023

G4A Stock  EUR 1.95  0.06  3.17%   
If you're considering investing in GEAR4MUSIC Stock, it is important to understand the factors that can impact its price. As of today, the current price of GEAR4MUSIC stands at 1.95, as last reported on the 30th of November, with the highest price reaching 1.95 and the lowest price hitting 1.95 during the day. GEAR4MUSIC LS 10 retains Efficiency (Sharpe Ratio) of -0.11, which attests that the entity had a -0.11% return per unit of risk over the last 3 months. GEAR4MUSIC exposes twenty-two different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please check out GEAR4MUSIC's Market Risk Adjusted Performance of (0.52), coefficient of variation of (1,410), and Variance of 4.32 to validate the risk estimate we provide.
  
GEAR4MUSIC Stock price history is provided at the adjusted basis, taking into account all of the recent filings.

Sharpe Ratio = -0.108

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Estimated Market Risk

 2.04
  actual daily
18
82% of assets are more volatile

Expected Return

 -0.22
  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 GEAR4MUSIC 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 GEAR4MUSIC by adding GEAR4MUSIC to a well-diversified portfolio.

GEAR4MUSIC Valuation on November 24, 2023

It is possible to determine the worth of GEAR4MUSIC on a given historical date. On November 24, 2023 GEAR4MUSIC was worth 1.5 at the beginning of the trading date compared to the closed value of 1.5. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of GEAR4MUSIC stock. Still, in general, we apply an absolute valuation method to find GEAR4MUSIC'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 GEAR4MUSIC where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against GEAR4MUSIC's related companies.
 Open High Low Close Volume
  1.40    1.40    1.40    1.40    2.00  
11/24/2023
  1.50    1.50    1.50    1.50    2.00  
  1.59    1.59    1.59    1.59    2.00  
Backtest GEAR4MUSIC  |  GEAR4MUSIC History  |  GEAR4MUSIC Valuation   PreviousNext  
Open Value
1.5
1.5
Closing Value
7.61
Upside

GEAR4MUSIC Trading Date Momentum on November 24, 2023

On November 27 2023 GEAR4MUSIC LS 10 was traded for  1.59  at the closing time. The highest daily price throughout the period was 1.59  and the lowest price was  1.59 . There was no trading activity during the period 2.0. Lack of trading volume on 11/27/2023 added to the next day price rise. The overall trading delta to closing price of the next trading day was 6.00% . The overall trading delta to current closing price is 10.00% .

GEAR4MUSIC LS 10 Fundamentals Correlations and Trends

By evaluating GEAR4MUSIC'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 GEAR4MUSIC's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. GEAR4MUSIC financial account trend analysis is a perfect complement when working with valuation or volatility modules.

About GEAR4MUSIC Stock history

GEAR4MUSIC 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 GEAR4MUSIC is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in GEAR4MUSIC LS 10 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 GEAR4MUSIC stock prices may prove useful in developing a viable investing in GEAR4MUSIC
Gear4music plc engages in the retail of musical instruments and equipment in the United Kingdom, rest of Europe, and internationally. The company was founded in 1995 and is headquartered in York, the United Kingdom. GEAR4MUSIC is traded on Frankfurt Stock Exchange in Germany.

GEAR4MUSIC Stock Technical Analysis

GEAR4MUSIC 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 GEAR4MUSIC technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of GEAR4MUSIC 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

GEAR4MUSIC Period Price Range

Low
November 30, 2024
0.00  NaN%
High

 0.00 

     

 0.00 

GEAR4MUSIC LS 10 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.

GEAR4MUSIC November 30, 2024 Market Strength

Market strength indicators help investors to evaluate how GEAR4MUSIC stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading GEAR4MUSIC shares will generate the highest return on investment. By undertsting and applying GEAR4MUSIC stock market strength indicators, traders can identify GEAR4MUSIC LS 10 entry and exit signals to maximize returns

GEAR4MUSIC Technical and Predictive Indicators

Predictive indicators are helping investors to find signals for GEAR4MUSIC's price direction in advance. Along with the technical and fundamental analysis of GEAR4MUSIC Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of GEAR4MUSIC 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 GEAR4MUSIC Stock analysis

When running GEAR4MUSIC's price analysis, check to measure GEAR4MUSIC'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 GEAR4MUSIC is operating at the current time. Most of GEAR4MUSIC's value examination focuses on studying past and present price action to predict the probability of GEAR4MUSIC's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move GEAR4MUSIC's price. Additionally, you may evaluate how the addition of GEAR4MUSIC to your portfolios can decrease your overall portfolio volatility.
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