IDEXX Laboratories (Germany) Price on February 24, 2023
IX1 Stock | EUR 424.20 12.20 2.96% |
If you're considering investing in IDEXX Stock, it is important to understand the factors that can impact its price. As of today, the current price of IDEXX Laboratories stands at 424.20, as last reported on the 11th of December 2024, with the highest price reaching 427.30 and the lowest price hitting 424.20 during the day. IDEXX Laboratories holds Efficiency (Sharpe) Ratio of -0.0686, which attests that the entity had a -0.0686% return per unit of return volatility over the last 3 months. IDEXX Laboratories exposes twenty-four different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please check out IDEXX Laboratories' Coefficient Of Variation of (4,163), market risk adjusted performance of (0.11), and Risk Adjusted Performance of (0.01) to validate the risk estimate we provide.
IDEXX Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
IDEXX |
Sharpe Ratio = -0.0686
Best Portfolio | Best Equity | |||
Good Returns | ||||
Average Returns | ||||
Small Returns | ||||
Cash | Small Risk | Average Risk | High Risk | Huge Risk |
Negative Returns | IX1 |
Estimated Market Risk
1.53 actual daily | 13 87% of assets are more volatile |
Expected Return
-0.11 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
-0.07 actual daily | 0 Most of other assets perform better |
Based on monthly moving average IDEXX Laboratories 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 IDEXX Laboratories by adding IDEXX Laboratories to a well-diversified portfolio.
IDEXX Laboratories Valuation on February 24, 2023
It is possible to determine the worth of IDEXX Laboratories on a given historical date. On February 24, 2023 IDEXX was worth 448.95 at the beginning of the trading date compared to the closed value of 448.95. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of IDEXX Laboratories stock. Still, in general, we apply an absolute valuation method to find IDEXX Laboratories' 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 IDEXX Laboratories where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against IDEXX Laboratories' related companies.
Open | High | Low | Close | Volume | |
447.20 | 447.20 | 447.20 | 447.20 | 49.00 | |
02/24/2023 | 448.95 | 448.95 | 448.95 | 448.95 | 49.00 |
442.30 | 442.30 | 442.30 | 442.30 | 44.00 |
Backtest IDEXX Laboratories | | | IDEXX Laboratories History | | | IDEXX Laboratories Valuation | Previous | Next |
IDEXX Laboratories Trading Date Momentum on February 24, 2023
On February 27 2023 IDEXX Laboratories was traded for 442.30 at the closing time. The highest daily price throughout the period was 442.30 and the lowest price was 442.30 . The daily volume was 44.0. The net trading volume on 02/27/2023 added to the next day price reduction. The trading delta at closing time to closing price of the next trading day was 1.48% . The trading delta at closing time to current closing price is 1.66% . |
IDEXX Laboratories Fundamentals Correlations and Trends
By evaluating IDEXX Laboratories' financials over time, investors can gain insight into future company performance. However, you can also analyze the published financial statements to find patterns among IDEXX Laboratories' main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. IDEXX financial account trend analysis is a perfect complement when working with valuation or volatility modules.About IDEXX Laboratories Stock history
IDEXX Laboratories 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 IDEXX is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in IDEXX Laboratories 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 IDEXX Laboratories stock prices may prove useful in developing a viable investing in IDEXX Laboratories
IDEXX Laboratories, Inc., together with its subsidiaries, develops, manufactures, and distributes products and services primarily for the companion animal veterinary, livestock and poultry, dairy, and water testing markets worldwide. IDEXX Laboratories, Inc. was founded in 1983 and is headquartered in Westbrook, Maine. IDEXX Laboratories operates under Diagnostics Research classification in Germany and is traded on Frankfurt Stock Exchange. It employs 8000 people.
IDEXX Laboratories Stock Technical Analysis
IDEXX Laboratories 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
IDEXX Laboratories Period Price Range
Low | December 11, 2024
| High |
0.00 | 0.00 |
IDEXX Laboratories 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.
IDEXX Laboratories December 11, 2024 Market Strength
Market strength indicators help investors to evaluate how IDEXX Laboratories stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading IDEXX Laboratories shares will generate the highest return on investment. By undertsting and applying IDEXX Laboratories stock market strength indicators, traders can identify IDEXX Laboratories entry and exit signals to maximize returns
IDEXX Laboratories Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for IDEXX Laboratories' price direction in advance. Along with the technical and fundamental analysis of IDEXX Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of IDEXX 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 | (0.01) | |||
Jensen Alpha | (0.1) | |||
Total Risk Alpha | (0.30) | |||
Treynor Ratio | (0.12) |
Cycle Indicators | ||
Math Operators | ||
Math Transform | ||
Momentum Indicators | ||
Overlap Studies | ||
Pattern Recognition | ||
Price Transform | ||
Statistic Functions | ||
Volatility Indicators | ||
Volume Indicators |
Complementary Tools for IDEXX Stock analysis
When running IDEXX Laboratories' price analysis, check to measure IDEXX Laboratories' 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 IDEXX Laboratories is operating at the current time. Most of IDEXX Laboratories' value examination focuses on studying past and present price action to predict the probability of IDEXX Laboratories' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move IDEXX Laboratories' price. Additionally, you may evaluate how the addition of IDEXX Laboratories to your portfolios can decrease your overall portfolio volatility.
Alpha Finder Use alpha and beta coefficients to find investment opportunities after accounting for the risk | |
Technical Analysis Check basic technical indicators and analysis based on most latest market data |