SCANDMEDICAL SOLDK-040 (Germany) Price on February 14, 2023

K41 Stock   0.79  0.02  2.47%   
If you're considering investing in SCANDMEDICAL Stock, it is important to understand the factors that can impact its price. As of today, the current price of SCANDMEDICAL SOLDK-040 stands at 0.79, as last reported on the 1st of December, with the highest price reaching 0.80 and the lowest price hitting 0.79 during the day. SCANDMEDICAL SOLDK 040 retains Efficiency (Sharpe Ratio) of -0.0135, which indicates the company had a -0.0135% return per unit of risk over the last 3 months. SCANDMEDICAL SOLDK-040 exposes twenty-four different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please validate SCANDMEDICAL SOLDK-040's Coefficient Of Variation of (2,070), information ratio of (0.1), and Market Risk Adjusted Performance of (1.38) to confirm the risk estimate we provide.
  
SCANDMEDICAL Stock price history is provided at the adjusted basis, taking into account all of the recent filings.

Sharpe Ratio = -0.0135

Best PortfolioBest Equity
Good Returns
Average Returns
Small Returns
CashSmall RiskAverage RiskHigh RiskHuge Risk
Negative ReturnsK41

Estimated Market Risk

 2.77
  actual daily
24
76% of assets are more volatile

Expected Return

 -0.04
  actual daily
0
Most of other assets have higher returns

Risk-Adjusted Return

 -0.01
  actual daily
0
Most of other assets perform better
Based on monthly moving average SCANDMEDICAL SOLDK-040 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 SCANDMEDICAL SOLDK-040 by adding SCANDMEDICAL SOLDK-040 to a well-diversified portfolio.

SCANDMEDICAL SOLDK-040 Valuation on February 14, 2023

It is possible to determine the worth of SCANDMEDICAL SOLDK-040 on a given historical date. On February 14, 2023 SCANDMEDICAL was worth 1.11 at the beginning of the trading date compared to the closed value of 1.11. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of SCANDMEDICAL SOLDK-040 stock. Still, in general, we apply an absolute valuation method to find SCANDMEDICAL SOLDK-040'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 SCANDMEDICAL SOLDK-040 where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against SCANDMEDICAL SOLDK-040's related companies.
 Open High Low Close Volume
  1.40    1.40    1.23    1.23    1,550  
02/14/2023
  1.11    1.11    1.11    1.11    1,550  
  1.24    1.25    1.24    1.25    550.00  
Backtest SCANDMEDICAL SOLDK-040  |  SCANDMEDICAL SOLDK-040 History  |  SCANDMEDICAL SOLDK-040 Valuation   PreviousNext  
Open Value
1.11
1.11
Closing Value
9.42
Upside

SCANDMEDICAL SOLDK-040 Trading Date Momentum on February 14, 2023

On February 15 2023 SCANDMEDICAL SOLDK 040 was traded for  1.25  at the closing time. The highest daily price throughout the period was 1.25  and the lowest price was  1.24 . The daily volume was 550. The net trading volume on 02/15/2023 added to the next day price rise. The trading delta at closing time to closing price of the next trading day was 12.61% . The trading price change to current closing price is 54.05% .

About SCANDMEDICAL SOLDK-040 Stock history

SCANDMEDICAL SOLDK-040 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 SCANDMEDICAL is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in SCANDMEDICAL SOLDK 040 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 SCANDMEDICAL SOLDK-040 stock prices may prove useful in developing a viable investing in SCANDMEDICAL SOLDK-040

SCANDMEDICAL SOLDK-040 Stock Technical Analysis

SCANDMEDICAL SOLDK-040 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.
A focus of SCANDMEDICAL SOLDK-040 technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of SCANDMEDICAL SOLDK-040 trading pattern rather than external drivers such as economic, fundamental, or social events. It is believed that price action tends to repeat itself due to investors' collective, patterned behavior. Hence technical analysis focuses on identifiable price trends and conditions. More Info...

Price Boundaries

SCANDMEDICAL SOLDK-040 Period Price Range

Low
December 1, 2024
0.00  NaN%
High

 0.00 

     

 0.00 

SCANDMEDICAL SOLDK 040 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.

SCANDMEDICAL SOLDK-040 December 1, 2024 Market Strength

Market strength indicators help investors to evaluate how SCANDMEDICAL SOLDK-040 stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading SCANDMEDICAL SOLDK-040 shares will generate the highest return on investment. By undertsting and applying SCANDMEDICAL SOLDK-040 stock market strength indicators, traders can identify SCANDMEDICAL SOLDK 040 entry and exit signals to maximize returns

SCANDMEDICAL SOLDK-040 Technical and Predictive Indicators

Predictive indicators are helping investors to find signals for SCANDMEDICAL SOLDK-040's price direction in advance. Along with the technical and fundamental analysis of SCANDMEDICAL Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of SCANDMEDICAL 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.

Complementary Tools for SCANDMEDICAL Stock analysis

When running SCANDMEDICAL SOLDK-040's price analysis, check to measure SCANDMEDICAL SOLDK-040'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 SCANDMEDICAL SOLDK-040 is operating at the current time. Most of SCANDMEDICAL SOLDK-040's value examination focuses on studying past and present price action to predict the probability of SCANDMEDICAL SOLDK-040's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move SCANDMEDICAL SOLDK-040's price. Additionally, you may evaluate how the addition of SCANDMEDICAL SOLDK-040 to your portfolios can decrease your overall portfolio volatility.
Sign In To Macroaxis
Sign in to explore Macroaxis' wealth optimization platform and fintech modules
Positions Ratings
Determine portfolio positions ratings based on digital equity recommendations. Macroaxis instant position ratings are based on combination of fundamental analysis and risk-adjusted market performance
Content Syndication
Quickly integrate customizable finance content to your own investment portal
Idea Breakdown
Analyze constituents of all Macroaxis ideas. Macroaxis investment ideas are predefined, sector-focused investing themes