Icelandic Salmon (Iceland) Price on April 26, 2024
| ISLAX Stock | 1,500 60.00 3.85% |
If you're considering investing in Icelandic Stock, it is important to understand the factors that can impact its price. As of today, the current price of Icelandic Salmon stands at 1,500, as last reported on the 30th of November, with the highest price reaching 1,500 and the lowest price hitting 1,500 during the day. Icelandic Salmon is very steady at the moment. Icelandic Salmon holds Efficiency (Sharpe) Ratio of 0.0405, which attests that the entity had a 0.0405% return per unit of risk over the last 3 months. We have found twenty-eight technical indicators for Icelandic Salmon, which you can use to evaluate the volatility of the firm. Please check out Icelandic Salmon's Risk Adjusted Performance of 0.0556, downside deviation of 3.55, and Market Risk Adjusted Performance of (0.93) to validate if the risk estimate we provide is consistent with the expected return of 0.0645%.
Icelandic Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
Icelandic |
Sharpe Ratio = 0.0405
| Best Portfolio | Best Equity | |||
| Good Returns | ||||
| Average Returns | ||||
| Small Returns | ||||
| Cash | Small Risk | ISLAX | High Risk | Huge Risk |
| Negative Returns |
Estimated Market Risk
| 1.59 actual daily | 14 86% of assets are more volatile |
Expected Return
| 0.06 actual daily | 1 99% of assets have higher returns |
Risk-Adjusted Return
| 0.04 actual daily | 3 97% of assets perform better |
Based on monthly moving average Icelandic Salmon is performing at about 3% 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 Icelandic Salmon by adding it to a well-diversified portfolio.
Icelandic Salmon Valuation on April 26, 2024
It is possible to determine the worth of Icelandic Salmon on a given historical date. On April 26, 2024 Icelandic was worth 1720.0 at the beginning of the trading date compared to the closed value of 1720.0. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Icelandic Salmon stock. Still, in general, we apply an absolute valuation method to find Icelandic Salmon'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 Icelandic Salmon where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Icelandic Salmon's related companies.
| Open | High | Low | Close | Volume | |
| 1,720 | 1,720 | 1,720 | 1,720 | 1,123 | |
04/26/2024 | 1,720 | 1,720 | 1,720 | 1,720 | 1.00 |
| 1,720 | 1,720 | 1,720 | 1,720 | 1.00 |
| Backtest Icelandic Salmon | | | Icelandic Salmon History | Previous | Next |
Icelandic Salmon Trading Date Momentum on April 26, 2024
| On April 29 2024 Icelandic Salmon AS was traded for 1,720 at the closing time. The highest price during the trading period was 1,720 and the lowest recorded bid was listed for 1,720 . There was no trading activity during the period 1.0. Lack of trading volume on April 29, 2024 did not cause price change. The trading delta at closing time to the current price is 2.33% . |
Price Boundaries
Icelandic Salmon Period Price Range
Low | November 30, 2024
| High |
0.00 | 0.00 |
Icelandic Salmon AS cannot be verified against its exchange. Please verify the symbol is currently traded on Iceland 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.
Icelandic Salmon November 30, 2024 Market Strength
Market strength indicators help investors to evaluate how Icelandic Salmon stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Icelandic Salmon shares will generate the highest return on investment. By undertsting and applying Icelandic Salmon stock market strength indicators, traders can identify Icelandic Salmon AS entry and exit signals to maximize returns
Icelandic Salmon Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Icelandic Salmon's price direction in advance. Along with the technical and fundamental analysis of Icelandic Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Icelandic 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 | 0.0556 | |||
| Jensen Alpha | 0.1097 | |||
| Total Risk Alpha | (0.17) | |||
| Sortino Ratio | (0.01) | |||
| Treynor Ratio | (0.94) |
| Cycle Indicators | ||
| Math Operators | ||
| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
Complementary Tools for Icelandic Stock analysis
When running Icelandic Salmon's price analysis, check to measure Icelandic Salmon'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 Icelandic Salmon is operating at the current time. Most of Icelandic Salmon's value examination focuses on studying past and present price action to predict the probability of Icelandic Salmon's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Icelandic Salmon's price. Additionally, you may evaluate how the addition of Icelandic Salmon to your portfolios can decrease your overall portfolio volatility.
| ETFs Find actively traded Exchange Traded Funds (ETF) from around the world | |
| Bond Analysis Evaluate and analyze corporate bonds as a potential investment for your portfolios. | |
| Piotroski F Score Get Piotroski F Score based on the binary analysis strategy of nine different fundamentals | |
| Sectors List of equity sectors categorizing publicly traded companies based on their primary business activities | |
| Portfolio Rebalancing Analyze risk-adjusted returns against different time horizons to find asset-allocation targets | |
| Global Correlations Find global opportunities by holding instruments from different markets | |
| Portfolio Holdings Check your current holdings and cash postion to detemine if your portfolio needs rebalancing | |
| Balance Of Power Check stock momentum by analyzing Balance Of Power indicator and other technical ratios | |
| Aroon Oscillator Analyze current equity momentum using Aroon Oscillator and other momentum ratios |