SCANDMEDICAL SOLDK-040 (Germany) Price on October 3, 2024
| K41 Stock | 0.83 0.03 3.49% |
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 0.83, as last reported on the 25th of November, with the highest price reaching 0.83 and the lowest price hitting 0.79 during the day. At this point, SCANDMEDICAL SOLDK-040 is extremely dangerous. SCANDMEDICAL SOLDK 040 retains Efficiency (Sharpe Ratio) of 0.0453, which indicates the company had a 0.0453% return per unit of risk over the last 3 months. We have found thirty technical indicators for SCANDMEDICAL SOLDK-040, which you can use to evaluate the volatility of the entity. Please validate SCANDMEDICAL SOLDK-040's Semi Deviation of 2.45, market risk adjusted performance of 1.41, and Standard Deviation of 3.2 to confirm if the risk estimate we provide is consistent with the expected return of 0.15%.
SCANDMEDICAL Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
SCANDMEDICAL |
Sharpe Ratio = 0.0453
| Best Portfolio | Best Equity | |||
| Good Returns | ||||
| Average Returns | ||||
| Small Returns | ||||
| Cash | Small Risk | K41 | High Risk | Huge Risk |
| Negative Returns |
Estimated Market Risk
| 3.22 actual daily | 28 72% of assets are more volatile |
Expected Return
| 0.15 actual daily | 2 98% of assets have higher returns |
Risk-Adjusted Return
| 0.05 actual daily | 3 97% of assets perform better |
Based on monthly moving average SCANDMEDICAL SOLDK-040 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 SCANDMEDICAL SOLDK-040 by adding it to a well-diversified portfolio.
SCANDMEDICAL SOLDK-040 Valuation on October 3, 2024
It is possible to determine the worth of SCANDMEDICAL SOLDK-040 on a given historical date. On October 3, 2024 SCANDMEDICAL was worth 0.8 at the beginning of the trading date compared to the closed value of 0.81. 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 | |
| 0.80 | 0.84 | 0.80 | 0.82 | 5,000 | |
10/03/2024 | 0.80 | 0.81 | 0.80 | 0.81 | 5,000 |
| 0.76 | 0.80 | 0.76 | 0.80 | 5,000 |
| Backtest SCANDMEDICAL SOLDK-040 | | | SCANDMEDICAL SOLDK-040 History | | | SCANDMEDICAL SOLDK-040 Valuation | Previous | Next |
SCANDMEDICAL SOLDK-040 Trading Date Momentum on October 3, 2024
| On October 04 2024 SCANDMEDICAL SOLDK 040 was traded for 0.80 at the closing time. The highest daily price throughout the period was 0.80 and the lowest price was 0.76 . The daily volume was 5 K. The net trading volume on 10/04/2024 added to the next day price reduction. The trading delta at closing time to closing price of the next trading day was 1.23% . The trading price change to current closing price is 7.41% . |
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.
Price Boundaries
SCANDMEDICAL SOLDK-040 Period Price Range
Low | November 25, 2024
| 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 November 25, 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.
| Risk Adjusted Performance | 0.0515 | |||
| Jensen Alpha | 0.1583 | |||
| Total Risk Alpha | (0.33) | |||
| Sortino Ratio | 0.0156 | |||
| Treynor Ratio | 1.4 |
| Cycle Indicators | ||
| Math Operators | ||
| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
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.
| Sectors List of equity sectors categorizing publicly traded companies based on their primary business activities | |
| Financial Widgets Easily integrated Macroaxis content with over 30 different plug-and-play financial widgets | |
| Price Ceiling Movement Calculate and plot Price Ceiling Movement for different equity instruments | |
| Portfolio Manager State of the art Portfolio Manager to monitor and improve performance of your invested capital | |
| Price Transformation Use Price Transformation models to analyze the depth of different equity instruments across global markets | |
| Performance Analysis Check effects of mean-variance optimization against your current asset allocation |