GUDANG GARAM (Germany) Price on February 17, 2023
GGG Stock | EUR 0.72 0.01 1.37% |
If you're considering investing in GUDANG Stock, it is important to understand the factors that can impact its price. As of today, the current price of GUDANG GARAM stands at 0.72, as last reported on the 2nd of December, with the highest price reaching 0.72 and the lowest price hitting 0.72 during the day. GUDANG GARAM holds Efficiency (Sharpe) Ratio of -0.21, which attests that the entity had a -0.21% return per unit of return volatility over the last 3 months. GUDANG GARAM exposes twenty-one different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please check out GUDANG GARAM's Coefficient Of Variation of (541.11), market risk adjusted performance of (0.60), and Risk Adjusted Performance of (0.14) to validate the risk estimate we provide.
GUDANG Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
GUDANG |
Sharpe Ratio = -0.2121
Best Portfolio | Best Equity | |||
Good Returns | ||||
Average Returns | ||||
Small Returns | ||||
Cash | Small Risk | Average Risk | High Risk | Huge Risk |
Negative Returns | GGG |
Estimated Market Risk
1.41 actual daily | 12 88% of assets are more volatile |
Expected Return
-0.3 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
-0.21 actual daily | 0 Most of other assets perform better |
Based on monthly moving average GUDANG GARAM 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 GUDANG GARAM by adding GUDANG GARAM to a well-diversified portfolio.
GUDANG GARAM Valuation on February 17, 2023
It is possible to determine the worth of GUDANG GARAM on a given historical date. On February 17, 2023 GUDANG was worth 1.54 at the beginning of the trading date compared to the closed value of 1.54. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of GUDANG GARAM stock. Still, in general, we apply an absolute valuation method to find GUDANG GARAM'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 GUDANG GARAM where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against GUDANG GARAM's related companies.
Open | High | Low | Close | Volume | |
1.51 | 1.51 | 1.50 | 1.50 | 2,000 | |
02/17/2023 | 1.54 | 1.54 | 1.54 | 1.54 | 2,000 |
1.53 | 1.53 | 1.53 | 1.53 | 2,000 |
Backtest GUDANG GARAM | | | GUDANG GARAM History | | | GUDANG GARAM Valuation | Previous | Next |
GUDANG GARAM Trading Date Momentum on February 17, 2023
On February 20 2023 GUDANG GARAM was traded for 1.53 at the closing time. The maximum traded price for the trading interval was 1.53 and the lowest daily price was 1.53 . The daily volume was recorded at 2 K. The volume of trading on 20th of February 2023 played a part in the next trading day price drop. The overall trading delta to the next closing price was 0.65% . The overall trading delta to the closing price today is 3.90% . |
GUDANG GARAM Fundamentals Correlations and Trends
By evaluating GUDANG GARAM'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 GUDANG GARAM's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. GUDANG financial account trend analysis is a perfect complement when working with valuation or volatility modules.About GUDANG GARAM Stock history
GUDANG GARAM 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 GUDANG is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in GUDANG GARAM 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 GUDANG GARAM stock prices may prove useful in developing a viable investing in GUDANG GARAM
GUDANG GARAM Stock Technical Analysis
GUDANG GARAM 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
GUDANG GARAM Period Price Range
Low | December 2, 2024
| High |
0.00 | 0.00 |
GUDANG GARAM cannot be verified against its exchange. Please verify the symbol is currently traded on Berlin 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.
GUDANG GARAM December 2, 2024 Market Strength
Market strength indicators help investors to evaluate how GUDANG GARAM stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading GUDANG GARAM shares will generate the highest return on investment. By undertsting and applying GUDANG GARAM stock market strength indicators, traders can identify GUDANG GARAM entry and exit signals to maximize returns
GUDANG GARAM Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for GUDANG GARAM's price direction in advance. Along with the technical and fundamental analysis of GUDANG Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of GUDANG 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 | (0.14) | |||
Jensen Alpha | (0.35) | |||
Total Risk Alpha | (0.53) | |||
Treynor Ratio | (0.61) |
Cycle Indicators | ||
Math Operators | ||
Math Transform | ||
Momentum Indicators | ||
Overlap Studies | ||
Pattern Recognition | ||
Price Transform | ||
Statistic Functions | ||
Volatility Indicators | ||
Volume Indicators |
Complementary Tools for GUDANG Stock analysis
When running GUDANG GARAM's price analysis, check to measure GUDANG GARAM'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 GUDANG GARAM is operating at the current time. Most of GUDANG GARAM's value examination focuses on studying past and present price action to predict the probability of GUDANG GARAM's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move GUDANG GARAM's price. Additionally, you may evaluate how the addition of GUDANG GARAM to your portfolios can decrease your overall portfolio volatility.
Positions Ratings Determine portfolio positions ratings based on digital equity recommendations. Macroaxis instant position ratings are based on combination of fundamental analysis and risk-adjusted market performance | |
Equity Valuation Check real value of public entities based on technical and fundamental data | |
Cryptocurrency Center Build and monitor diversified portfolio of extremely risky digital assets and cryptocurrency | |
Theme Ratings Determine theme ratings based on digital equity recommendations. Macroaxis theme ratings are based on combination of fundamental analysis and risk-adjusted market performance | |
Idea Optimizer Use advanced portfolio builder with pre-computed micro ideas to build optimal portfolio | |
Fundamentals Comparison Compare fundamentals across multiple equities to find investing opportunities | |
Financial Widgets Easily integrated Macroaxis content with over 30 different plug-and-play financial widgets | |
Stock Tickers Use high-impact, comprehensive, and customizable stock tickers that can be easily integrated to any websites |