JERICHO OIL (Germany) Price on November 29, 2024

JLM Stock   0.08  0.0005  0.63%   
If you're considering investing in JERICHO Stock, it is important to understand the factors that can impact its price. As of today, the current price of JERICHO OIL stands at 0.08, as last reported on the 2nd of December, with the highest price reaching 0.08 and the lowest price hitting 0.08 during the day. JERICHO OIL appears to be out of control, given 3 months investment horizon. JERICHO OIL holds Efficiency (Sharpe) Ratio of 0.0406, which attests that the entity had a 0.0406% return per unit of volatility over the last 3 months. We have found twenty-nine technical indicators for JERICHO OIL, which you can use to evaluate the volatility of the firm. Please utilize JERICHO OIL's market risk adjusted performance of 8.79, and Risk Adjusted Performance of 0.0428 to validate if our risk estimates are consistent with your expectations.
  
JERICHO Stock price history is provided at the adjusted basis, taking into account all of the recent filings.

Sharpe Ratio = 0.0406

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Estimated Market Risk

 9.48
  actual daily
84
84% of assets are less volatile

Expected Return

 0.39
  actual daily
7
93% of assets have higher returns

Risk-Adjusted Return

 0.04
  actual daily
3
97% of assets perform better
Based on monthly moving average JERICHO OIL 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 JERICHO OIL by adding it to a well-diversified portfolio.

JERICHO OIL Valuation on November 29, 2024

It is possible to determine the worth of JERICHO OIL on a given historical date. On November 29, 2024 JERICHO was worth 0.0775 at the beginning of the trading date compared to the closed value of 0.0795. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of JERICHO OIL stock. Still, in general, we apply an absolute valuation method to find JERICHO OIL'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 JERICHO OIL where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against JERICHO OIL's related companies.
 Open High Low Close Volume
  0.08    0.08    0.08    0.08    1.00  
11/29/2024
  0.08    0.08    0.08    0.08    1.00  
  0.08    0.08    0.08    0.08    0.00  
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Open Value
0.0775
0.0008
Downside
0.0795
Closing Value
28.51
Upside

JERICHO OIL Trading Date Momentum on November 29, 2024

On December 02 2024 JERICHO OIL was traded for  0.08  at the closing time. The highest price during the trading period was 0.08  and the lowest recorded bid was listed for  0.08 . There was no trading activity during the period 0.0. Lack of trading volume on December 2, 2024 did not cause price change. The trading delta at closing time to the current price is 2.52% .

Price Boundaries

JERICHO OIL Period Price Range

Low
December 2, 2024
0.00  NaN%
High

 0.00 

     

 0.00 

JERICHO OIL cannot be verified against its exchange. Please verify the symbol is currently traded on Stuttgart 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.

JERICHO OIL December 2, 2024 Market Strength

Market strength indicators help investors to evaluate how JERICHO OIL stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading JERICHO OIL shares will generate the highest return on investment. By undertsting and applying JERICHO OIL stock market strength indicators, traders can identify JERICHO OIL entry and exit signals to maximize returns

JERICHO OIL Technical and Predictive Indicators

Predictive indicators are helping investors to find signals for JERICHO OIL's price direction in advance. Along with the technical and fundamental analysis of JERICHO Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of JERICHO 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.

Additional Tools for JERICHO Stock Analysis

When running JERICHO OIL's price analysis, check to measure JERICHO OIL'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 JERICHO OIL is operating at the current time. Most of JERICHO OIL's value examination focuses on studying past and present price action to predict the probability of JERICHO OIL's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move JERICHO OIL's price. Additionally, you may evaluate how the addition of JERICHO OIL to your portfolios can decrease your overall portfolio volatility.