Ringmetall (Germany) Price on January 3, 2025
| HP3A Stock | 3.58 0.15 4.37% |
If you're considering investing in Ringmetall Stock, it is important to understand the factors that can impact its price. As of today, the current price of Ringmetall stands at 3.58, as last reported on the 23rd of January, with the highest price reaching 3.58 and the lowest price hitting 3.58 during the day. Ringmetall appears to be risky, given 3 months investment horizon. Ringmetall SE maintains Sharpe Ratio (i.e., Efficiency) of 0.0825, which implies the firm had a 0.0825 % return per unit of risk over the last 3 months. We have found twenty-seven technical indicators for Ringmetall SE, which you can use to evaluate the volatility of the company. Please evaluate Ringmetall's Coefficient Of Variation of 1211.74, risk adjusted performance of 0.0782, and Semi Deviation of 2.74 to confirm if our risk estimates are consistent with your expectations.
Ringmetall Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
Ringmetall |
Sharpe Ratio = 0.0825
| Best Portfolio | Best Equity | |||
| Good Returns | ||||
| Average Returns | ||||
| Small Returns | HP3A | |||
| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
| Negative Returns |
Estimated Market Risk
| 4.33 actual daily | 38 62% of assets are more volatile |
Expected Return
| 0.36 actual daily | 7 93% of assets have higher returns |
Risk-Adjusted Return
| 0.08 actual daily | 6 94% of assets perform better |
Based on monthly moving average Ringmetall is performing at about 6% of its full potential. 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 Ringmetall by adding it to a well-diversified portfolio.
Ringmetall Valuation on January 3, 2025
It is possible to determine the worth of Ringmetall on a given historical date. On January 3, 2025 Ringmetall was worth 3.26 at the beginning of the trading date compared to the closed value of 3.35. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Ringmetall stock. Still, in general, we apply an absolute valuation method to find Ringmetall'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 Ringmetall where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Ringmetall's related companies.
| Open | High | Low | Close | Volume | |
| 3.32 | 3.32 | 3.32 | 3.32 | 249.00 | |
01/03/2025 | 3.26 | 3.41 | 3.26 | 3.35 | 130.00 |
| 3.31 | 3.31 | 3.31 | 3.31 | 130.00 |
| Backtest Ringmetall | | | Ringmetall History | | | Ringmetall Valuation | Previous | Next |
Ringmetall Trading Date Momentum on January 3, 2025
| On January 06 2025 Ringmetall SE was traded for 3.31 at the closing time. The maximum traded price for the trading interval was 3.31 and the lowest daily price was 3.31 . The daily volume was recorded at 130. The volume of trading on 6th of January 2025 played a part in the next trading day price drop. The trading delta at closing time to the next closing price was 1.19% . The trading delta at closing time to the closing price today is 0.30% . |
Ringmetall SE Fundamentals Correlations and Trends
By evaluating Ringmetall'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 Ringmetall's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Ringmetall financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Ringmetall Stock history
Ringmetall 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 Ringmetall is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Ringmetall SE 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 Ringmetall stock prices may prove useful in developing a viable investing in Ringmetall
Ringmetall Stock Technical Analysis
Ringmetall 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
Ringmetall Period Price Range
Low | January 23, 2025
| High |
0.00 | 0.00 |
Ringmetall SE 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.
Ringmetall January 23, 2025 Market Strength
Market strength indicators help investors to evaluate how Ringmetall stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Ringmetall shares will generate the highest return on investment. By undertsting and applying Ringmetall stock market strength indicators, traders can identify Ringmetall SE entry and exit signals to maximize returns
Ringmetall Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Ringmetall's price direction in advance. Along with the technical and fundamental analysis of Ringmetall Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Ringmetall 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 | 0.0782 | |||
| Jensen Alpha | 0.3216 | |||
| Total Risk Alpha | 0.1535 | |||
| Sortino Ratio | 0.095 | |||
| Treynor Ratio | 0.5203 |
| Cycle Indicators | ||
| Math Operators | ||
| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
Complementary Tools for Ringmetall Stock analysis
When running Ringmetall's price analysis, check to measure Ringmetall'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 Ringmetall is operating at the current time. Most of Ringmetall's value examination focuses on studying past and present price action to predict the probability of Ringmetall's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Ringmetall's price. Additionally, you may evaluate how the addition of Ringmetall to your portfolios can decrease your overall portfolio volatility.
| Global Correlations Find global opportunities by holding instruments from different markets | |
| CEOs Directory Screen CEOs from public companies around the world | |
| Portfolio Center All portfolio management and optimization tools to improve performance of your portfolios | |
| Idea Optimizer Use advanced portfolio builder with pre-computed micro ideas to build optimal portfolio | |
| Transaction History View history of all your transactions and understand their impact on performance | |
| USA ETFs Find actively traded Exchange Traded Funds (ETF) in USA | |
| Idea Analyzer Analyze all characteristics, volatility and risk-adjusted return of Macroaxis ideas | |
| Alpha Finder Use alpha and beta coefficients to find investment opportunities after accounting for the risk | |
| Bonds Directory Find actively traded corporate debentures issued by US companies |