Linde Plc (Germany) Price on October 30, 2023
| LIN Stock | EUR 436.60 1.20 0.28% |
If you're considering investing in Linde Stock, it is important to understand the factors that can impact its price. As of today, the current price of Linde Plc stands at 436.60, as last reported on the 1st of December, with the highest price reaching 437.00 and the lowest price hitting 432.00 during the day. At this point, Linde Plc is very steady. Linde plc has Sharpe Ratio of 0.0306, which conveys that the firm had a 0.0306% return per unit of risk over the last 3 months. We have found thirty technical indicators for Linde Plc, which you can use to evaluate the volatility of the firm. Please verify Linde Plc's Mean Deviation of 0.7189, downside deviation of 1.14, and Risk Adjusted Performance of 0.0271 to check out if the risk estimate we provide is consistent with the expected return of 0.0319%.
Linde Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
Linde |
Sharpe Ratio = 0.0306
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| Negative Returns | LIN |
Estimated Market Risk
| 1.04 actual daily | 9 91% of assets are more volatile |
Expected Return
| 0.03 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| 0.03 actual daily | 2 98% of assets perform better |
Based on monthly moving average Linde Plc is performing at about 2% 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 Linde Plc by adding it to a well-diversified portfolio.
Linde Plc Valuation on October 30, 2023
It is possible to determine the worth of Linde Plc on a given historical date. On October 30, 2023 Linde was worth 345.13 at the beginning of the trading date compared to the closed value of 350.75. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Linde Plc stock. Still, in general, we apply an absolute valuation method to find Linde Plc'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 Linde Plc where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Linde Plc's related companies.
| Open | High | Low | Close | Volume | |
| 349.13 | 350.36 | 345.72 | 345.72 | 852.00 | |
10/30/2023 | 345.13 | 352.43 | 345.13 | 350.75 | 1,540 |
| 352.53 | 357.22 | 351.30 | 357.22 | 2,412 |
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Linde Plc Trading Date Momentum on October 30, 2023
| On October 31 2023 Linde plc was traded for 357.22 at the closing time. The highest daily price throughout the period was 357.22 and the lowest price was 351.30 . The daily volume was 2.4 K. The net trading volume on 10/31/2023 added to the next day price rise. The trading delta at closing time to closing price of the next trading day was 1.84% . The trading delta at closing time to current closing price is 3.77% . |
Linde plc Fundamentals Correlations and Trends
By evaluating Linde Plc's financials over time, investors can gain insight into future company performance. However, you can also analyze the published financial statements to find patterns among Linde Plc's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Linde financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Linde Plc Stock history
Linde Plc 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 Linde is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Linde plc 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 Linde Plc stock prices may prove useful in developing a viable investing in Linde Plc
Linde plc operates as an industrial gas company in North and South America, Europe, the Middle East, Africa, and the Asia Pacific. The company was founded in 1879 and is based in Guildford, the United Kingdom. LINDE PLC operates under Specialty Chemicals classification in Germany and is traded on Frankfurt Stock Exchange. It employs 71736 people.
Linde Plc Stock Technical Analysis
Linde Plc 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
Linde Plc Period Price Range
Low | December 1, 2024
| High |
0.00 | 0.00 |
Linde plc 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.
Linde Plc December 1, 2024 Market Strength
Market strength indicators help investors to evaluate how Linde Plc stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Linde Plc shares will generate the highest return on investment. By undertsting and applying Linde Plc stock market strength indicators, traders can identify Linde plc entry and exit signals to maximize returns
Linde Plc Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Linde Plc's price direction in advance. Along with the technical and fundamental analysis of Linde Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Linde 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 | 0.0271 | |||
| Jensen Alpha | 0.0067 | |||
| Total Risk Alpha | (0.15) | |||
| Sortino Ratio | (0.09) | |||
| Treynor Ratio | 0.179 |
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| Volume Indicators |
Complementary Tools for Linde Stock analysis
When running Linde Plc's price analysis, check to measure Linde Plc'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 Linde Plc is operating at the current time. Most of Linde Plc's value examination focuses on studying past and present price action to predict the probability of Linde Plc's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Linde Plc's price. Additionally, you may evaluate how the addition of Linde Plc to your portfolios can decrease your overall portfolio volatility.
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