Gurit Holding (Switzerland) Price on March 4, 2024
| GURN Stock | 11.36 0.22 1.90% |
If you're considering investing in Gurit Stock, it is important to understand the factors that can impact its price. As of today, the current price of Gurit Holding stands at 11.36, as last reported on the 30th of November, with the highest price reaching 11.84 and the lowest price hitting 11.28 during the day. Gurit Holding AG holds Efficiency (Sharpe) Ratio of -0.32, which attests that the entity had a -0.32% return per unit of risk over the last 3 months. Gurit Holding AG exposes twenty-four different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please check out Gurit Holding's Market Risk Adjusted Performance of (2.85), risk adjusted performance of (0.24), and Standard Deviation of 4.76 to validate the risk estimate we provide.
Gurit Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
Gurit |
Sharpe Ratio = -0.3218
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Estimated Market Risk
| 4.76 actual daily | 42 58% of assets are more volatile |
Expected Return
| -1.53 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| -0.32 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Gurit Holding 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 Gurit Holding by adding Gurit Holding to a well-diversified portfolio.
Gurit Holding Valuation on March 4, 2024
It is possible to determine the worth of Gurit Holding on a given historical date. On March 4, 2024 Gurit was worth 67.4 at the beginning of the trading date compared to the closed value of 66.4. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Gurit Holding stock. Still, in general, we apply an absolute valuation method to find Gurit Holding'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 Gurit Holding where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Gurit Holding's related companies.
| Open | High | Low | Close | Volume | |
| 63.82 | 67.50 | 63.82 | 67.50 | 2,650 | |
03/04/2024 | 67.40 | 67.60 | 65.61 | 66.40 | 3,363 |
| 66.30 | 66.30 | 64.62 | 65.11 | 2,915 |
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Gurit Holding Trading Date Momentum on March 4, 2024
| On March 05 2024 Gurit Holding AG was traded for 65.11 at the closing time. The highest price during the trading period was 66.30 and the lowest recorded bid was listed for 64.62 . The volume for the day was 2.9 K. This history from March 5, 2024 contributed to the next trading day price decline. The overall trading delta to the next closing price was 1.94% . The overall trading delta to the current price is 0.74% . |
Gurit Holding AG Fundamentals Correlations and Trends
By evaluating Gurit Holding'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 Gurit Holding's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Gurit financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Gurit Holding Stock history
Gurit Holding 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 Gurit is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Gurit Holding AG 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 Gurit Holding stock prices may prove useful in developing a viable investing in Gurit Holding
Gurit Holding Stock Technical Analysis
Gurit Holding 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
Gurit Holding Period Price Range
Low | November 30, 2024
| High |
0.00 | 0.00 |
Gurit Holding AG cannot be verified against its exchange. Please verify the symbol is currently traded on SIX Swiss 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.
Gurit Holding November 30, 2024 Market Strength
Market strength indicators help investors to evaluate how Gurit Holding stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Gurit Holding shares will generate the highest return on investment. By undertsting and applying Gurit Holding stock market strength indicators, traders can identify Gurit Holding AG entry and exit signals to maximize returns
Gurit Holding Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Gurit Holding's price direction in advance. Along with the technical and fundamental analysis of Gurit Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Gurit 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 | (0.24) | |||
| Jensen Alpha | (1.61) | |||
| Total Risk Alpha | (2.33) | |||
| Treynor Ratio | (2.86) |
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Additional Tools for Gurit Stock Analysis
When running Gurit Holding's price analysis, check to measure Gurit Holding'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 Gurit Holding is operating at the current time. Most of Gurit Holding's value examination focuses on studying past and present price action to predict the probability of Gurit Holding's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Gurit Holding's price. Additionally, you may evaluate how the addition of Gurit Holding to your portfolios can decrease your overall portfolio volatility.