Gerresheimer (Germany) Price on September 11, 2024
| GXI Stock | 74.10 0.15 0.20% |
If you're considering investing in Gerresheimer Stock, it is important to understand the factors that can impact its price. As of today, the current price of Gerresheimer stands at 74.10, as last reported on the 28th of November, with the highest price reaching 74.80 and the lowest price hitting 73.70 during the day. Gerresheimer AG holds Efficiency (Sharpe) Ratio of -0.17, which attests that the entity had a -0.17% return per unit of risk over the last 3 months. Gerresheimer AG exposes twenty-two different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please check out Gerresheimer's Standard Deviation of 3.02, risk adjusted performance of (0.07), and Market Risk Adjusted Performance of (0.55) to validate the risk estimate we provide.
Gerresheimer Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
Gerresheimer |
Sharpe Ratio = -0.1654
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Estimated Market Risk
| 2.86 actual daily | 25 75% of assets are more volatile |
Expected Return
| -0.47 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| -0.17 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Gerresheimer 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 Gerresheimer by adding Gerresheimer to a well-diversified portfolio.
Gerresheimer Valuation on September 11, 2024
It is possible to determine the worth of Gerresheimer on a given historical date. On September 11, 2024 Gerresheimer was worth 104.5 at the beginning of the trading date compared to the closed value of 103.6. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Gerresheimer stock. Still, in general, we apply an absolute valuation method to find Gerresheimer'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 Gerresheimer where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Gerresheimer's related companies.
| Open | High | Low | Close | Volume | |
| 104.60 | 105.70 | 99.15 | 103.90 | 109,315 | |
09/11/2024 | 104.50 | 107.30 | 103.50 | 103.60 | 121,221 |
| 104.80 | 106.90 | 102.20 | 103.00 | 91,303 |
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Gerresheimer Trading Date Momentum on September 11, 2024
| On September 12 2024 Gerresheimer AG was traded for 103.00 at the closing time. The highest price during the trading period was 106.90 and the lowest recorded bid was listed for 102.20 . The volume for the day was 91.3 K. This history from September 12, 2024 contributed to the next trading day price decline. The overall trading delta to the next closing price was 0.58% . The overall trading delta to the current price is 4.39% . |
Gerresheimer AG Fundamentals Correlations and Trends
By evaluating Gerresheimer'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 Gerresheimer's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Gerresheimer financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Gerresheimer Stock history
Gerresheimer 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 Gerresheimer is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Gerresheimer 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 Gerresheimer stock prices may prove useful in developing a viable investing in Gerresheimer
Gerresheimer Stock Technical Analysis
Gerresheimer 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
Gerresheimer Period Price Range
Low | November 28, 2024
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0.00 | 0.00 |
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Gerresheimer November 28, 2024 Market Strength
Market strength indicators help investors to evaluate how Gerresheimer stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Gerresheimer shares will generate the highest return on investment. By undertsting and applying Gerresheimer stock market strength indicators, traders can identify Gerresheimer AG entry and exit signals to maximize returns
Gerresheimer Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Gerresheimer's price direction in advance. Along with the technical and fundamental analysis of Gerresheimer Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Gerresheimer 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 | (0.07) | |||
| Jensen Alpha | (0.40) | |||
| Total Risk Alpha | (0.78) | |||
| Treynor Ratio | (0.56) |
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Additional Tools for Gerresheimer Stock Analysis
When running Gerresheimer's price analysis, check to measure Gerresheimer'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 Gerresheimer is operating at the current time. Most of Gerresheimer's value examination focuses on studying past and present price action to predict the probability of Gerresheimer's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Gerresheimer's price. Additionally, you may evaluate how the addition of Gerresheimer to your portfolios can decrease your overall portfolio volatility.