Romcab SA (Romania) Price on November 22, 2024
| MCAB Stock | 0.02 0 5.26% |
If you're considering investing in Romcab Stock, it is important to understand the factors that can impact its price. As of today, the current price of Romcab SA stands at 0.02, as last reported on the 24th of November, with the highest price reaching 0.02 and the lowest price hitting 0.02 during the day. Romcab SA maintains Sharpe Ratio (i.e., Efficiency) of -0.11, which implies the firm had a -0.11% return per unit of risk over the last 3 months. Romcab SA exposes twenty-four different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please check Romcab SA's Variance of 21.09, coefficient of variation of (963.09), and Risk Adjusted Performance of (0.07) to confirm the risk estimate we provide.
Romcab Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
Romcab |
Sharpe Ratio = -0.1084
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| Negative Returns | MCAB |
Estimated Market Risk
| 4.59 actual daily | 40 60% of assets are more volatile |
Expected Return
| -0.5 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| -0.11 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Romcab SA 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 Romcab SA by adding Romcab SA to a well-diversified portfolio.
Romcab SA Valuation on November 22, 2024
It is possible to determine the worth of Romcab SA on a given historical date. On November 22, 2024 Romcab was worth 0.0198 at the beginning of the trading date compared to the closed value of 0.02. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Romcab SA stock. Still, in general, we apply an absolute valuation method to find Romcab SA'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 Romcab SA where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Romcab SA's related companies.
| Open | High | Low | Close | Volume | |
| 0.02 | 0.02 | 0.02 | 0.02 | 34,901 | |
11/22/2024 | 0.02 | 0.02 | 0.02 | 0.02 | 6,621 |
| 0.02 | 0.02 | 0.02 | 0.02 | 0.00 |
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Romcab SA Trading Date Momentum on November 22, 2024
| On November 24 2024 Romcab SA was traded for 0.02 at the closing time. The highest price during the trading period was 0.02 and the lowest recorded bid was listed for 0.02 . There was no trading activity during the period 0.0. Lack of trading volume on November 24, 2024 did not cause price change. The trading delta at closing time to the current price is 1.00% . |
About Romcab SA Stock history
Romcab SA 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 Romcab is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Romcab SA 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 Romcab SA stock prices may prove useful in developing a viable investing in Romcab SA
Romcab SA Stock Technical Analysis
Romcab SA 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
Romcab SA Period Price Range
Low | November 24, 2024
| High |
0.00 | 0.00 |
Romcab SA cannot be verified against its exchange. Please verify the symbol is currently traded on Bucharest Stock 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.
Romcab SA November 24, 2024 Market Strength
Market strength indicators help investors to evaluate how Romcab SA stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Romcab SA shares will generate the highest return on investment. By undertsting and applying Romcab SA stock market strength indicators, traders can identify Romcab SA entry and exit signals to maximize returns
Romcab SA Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Romcab SA's price direction in advance. Along with the technical and fundamental analysis of Romcab Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Romcab 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 | (0.07) | |||
| Jensen Alpha | (0.50) | |||
| Total Risk Alpha | (1.21) | |||
| Treynor Ratio | (4.22) |
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Other Information on Investing in Romcab Stock
Romcab SA financial ratios help investors to determine whether Romcab Stock is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in Romcab with respect to the benefits of owning Romcab SA security.