Matas AS (Denmark) Price on May 25, 2023
| MATAS Stock | DKK 125.00 1.40 1.11% |
If you're considering investing in Matas Stock, it is important to understand the factors that can impact its price. As of today, the current price of Matas AS stands at 125.00, as last reported on the 30th of November, with the highest price reaching 126.00 and the lowest price hitting 124.60 during the day. At this point, Matas AS is very steady. Matas AS has Sharpe Ratio of 0.0123, which conveys that the firm had a 0.0123% return per unit of risk over the last 3 months. We have found twenty-nine technical indicators for Matas AS, which you can use to evaluate the volatility of the firm. Please verify Matas AS's Mean Deviation of 0.977, risk adjusted performance of 0.0087, and Downside Deviation of 1.8 to check out if the risk estimate we provide is consistent with the expected return of 0.0176%.
Matas Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
Matas |
Sharpe Ratio = 0.0123
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| Negative Returns | MATAS |
Estimated Market Risk
| 1.43 actual daily | 12 88% of assets are more volatile |
Expected Return
| 0.02 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 Matas AS 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 Matas AS by adding Matas AS to a well-diversified portfolio.
Matas AS Valuation on May 25, 2023
It is possible to determine the worth of Matas AS on a given historical date. On May 25, 2023 Matas was worth 88.6 at the beginning of the trading date compared to the closed value of 86.57. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Matas AS stock. Still, in general, we apply an absolute valuation method to find Matas AS'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 Matas AS where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Matas AS's related companies.
| Open | High | Low | Close | Volume | |
| 90.30 | 90.90 | 86.67 | 86.67 | 77,254 | |
05/25/2023 | 88.60 | 89.30 | 86.57 | 86.57 | 51,527 |
| 88.90 | 91.10 | 88.20 | 89.11 | 73,028 |
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Matas AS Trading Date Momentum on May 25, 2023
| On May 26 2023 Matas AS was traded for 89.11 at the closing time. The highest price during the trading period was 91.10 and the lowest recorded bid was listed for 88.20 . The volume for the day was 73 K. This history from May 26, 2023 contributed to the next trading day price growth. The trading delta at closing time to the next closing price was 2.93% . The trading delta at closing time to the current price is 4.35% . |
Matas AS Fundamentals Correlations and Trends
By evaluating Matas AS'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 Matas AS's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Matas financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Matas AS Stock history
Matas AS 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 Matas is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Matas AS 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 Matas AS stock prices may prove useful in developing a viable investing in Matas AS
Matas AS, together with its subsidiaries, operates a chain of retail stores that offers beauty, personal care, and health products in Denmark. Matas AS was founded in 1949 and is based in Allerd, Denmark. Matas AS operates under Diversified Wholesale And Retail classification in Denmark and is traded on Copenhagen Stock Exchange. It employs 2149 people.
Matas AS Stock Technical Analysis
Matas AS 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
Matas AS Period Price Range
Low | November 30, 2024
| High |
0.00 | 0.00 |
Matas AS cannot be verified against its exchange. Please verify the symbol is currently traded on Copenhagen 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.
Matas AS November 30, 2024 Market Strength
Market strength indicators help investors to evaluate how Matas AS stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Matas AS shares will generate the highest return on investment. By undertsting and applying Matas AS stock market strength indicators, traders can identify Matas AS entry and exit signals to maximize returns
Matas AS Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Matas AS's price direction in advance. Along with the technical and fundamental analysis of Matas Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Matas 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 | 0.0087 | |||
| Jensen Alpha | (0.02) | |||
| Total Risk Alpha | (0.24) | |||
| Sortino Ratio | (0.07) | |||
| Treynor Ratio | (0.01) |
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| Volatility Indicators | ||
| Volume Indicators |
Complementary Tools for Matas Stock analysis
When running Matas AS's price analysis, check to measure Matas AS'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 Matas AS is operating at the current time. Most of Matas AS's value examination focuses on studying past and present price action to predict the probability of Matas AS's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Matas AS's price. Additionally, you may evaluate how the addition of Matas AS to your portfolios can decrease your overall portfolio volatility.
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