8990 Holdings (Philippines) Price on November 8, 2024
| HOUSE Stock | 8.69 0.01 0.11% |
If you're considering investing in 8990 Stock, it is important to understand the factors that can impact its price. As of today, the current price of 8990 Holdings stands at 8.69, as last reported on the 23rd of November, with the highest price reaching 8.70 and the lowest price hitting 8.31 during the day. 8990 Holdings retains Efficiency (Sharpe Ratio) of -0.0479, which signifies that the company had a -0.0479% return per unit of price deviation over the last 3 months. 8990 Holdings exposes twenty-four different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm 8990 Holdings' Information Ratio of (0.11), market risk adjusted performance of 0.3377, and Variance of 3.71 to double-check the risk estimate we provide.
8990 Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
8990 |
Sharpe Ratio = -0.0479
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| Negative Returns | HOUSE |
Estimated Market Risk
| 2.08 actual daily | 18 82% of assets are more volatile |
Expected Return
| -0.1 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| -0.05 actual daily | 0 Most of other assets perform better |
Based on monthly moving average 8990 Holdings 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 8990 Holdings by adding 8990 Holdings to a well-diversified portfolio.
8990 Holdings Valuation on November 8, 2024
It is possible to determine the worth of 8990 Holdings on a given historical date. On November 8, 2024 8990 was worth 8.51 at the beginning of the trading date compared to the closed value of 8.9. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of 8990 Holdings stock. Still, in general, we apply an absolute valuation method to find 8990 Holdings' 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 8990 Holdings where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against 8990 Holdings' related companies.
| Open | High | Low | Close | Volume | |
| 8.48 | 8.90 | 8.17 | 8.80 | 15,300 | |
11/08/2024 | 8.51 | 9.00 | 8.51 | 8.90 | 2,600 |
| 8.13 | 8.89 | 8.12 | 8.86 | 1,200 |
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8990 Holdings Trading Date Momentum on November 8, 2024
| On November 11 2024 8990 Holdings was traded for 8.86 at the closing time. The highest price during the trading period was 8.89 and the lowest recorded bid was listed for 8.12 . The volume for the day was 1.2 K. This history from November 11, 2024 contributed to the next trading day price decline. The trading delta at closing time to the next closing price was 0.45% . The daily price change to the current price is 6.85% . |
8990 Holdings Fundamentals Correlations and Trends
By evaluating 8990 Holdings' financials over time, investors can gain insight into future company performance. However, you can also analyze the published financial statements to find patterns among 8990 Holdings' main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. 8990 financial account trend analysis is a perfect complement when working with valuation or volatility modules.About 8990 Holdings Stock history
8990 Holdings 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 8990 is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in 8990 Holdings 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 8990 Holdings stock prices may prove useful in developing a viable investing in 8990 Holdings
8990 Holdings Stock Technical Analysis
8990 Holdings 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
8990 Holdings Period Price Range
Low | November 23, 2024
| High |
0.00 | 0.00 |
8990 Holdings cannot be verified against its exchange. Please verify the symbol is currently traded on Philippine Stock 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.
8990 Holdings November 23, 2024 Market Strength
Market strength indicators help investors to evaluate how 8990 Holdings stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading 8990 Holdings shares will generate the highest return on investment. By undertsting and applying 8990 Holdings stock market strength indicators, traders can identify 8990 Holdings entry and exit signals to maximize returns
8990 Holdings Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for 8990 Holdings' price direction in advance. Along with the technical and fundamental analysis of 8990 Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of 8990 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 | (0.03) | |||
| Jensen Alpha | (0.06) | |||
| Total Risk Alpha | (0.39) | |||
| Treynor Ratio | 0.3277 |
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Additional Tools for 8990 Stock Analysis
When running 8990 Holdings' price analysis, check to measure 8990 Holdings' 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 8990 Holdings is operating at the current time. Most of 8990 Holdings' value examination focuses on studying past and present price action to predict the probability of 8990 Holdings' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move 8990 Holdings' price. Additionally, you may evaluate how the addition of 8990 Holdings to your portfolios can decrease your overall portfolio volatility.