Metall Zug (Switzerland) Price on October 24, 2024
If you're considering investing in Metall Stock, it is important to understand the factors that can impact its price. Metall Zug AG has Sharpe Ratio of -0.0823, which conveys that the firm had a -0.0823 % return per unit of risk over the last 3 months. Metall Zug exposes fifteen different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please verify Metall Zug's Risk Adjusted Performance of (0.05), mean deviation of 1.32, and Standard Deviation of 1.93 to check out the risk estimate we provide.
Metall Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
Metall |
Sharpe Ratio = -0.0823
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Estimated Market Risk
1.93 actual daily | 17 83% of assets are more volatile |
Expected Return
-0.16 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
-0.08 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Metall Zug 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 Metall Zug by adding Metall Zug to a well-diversified portfolio.
Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.
Price Boundaries
Metall Zug Period Price Range
Low | February 6, 2025
| High |
0.00 | 0.00 |
Metall Zug AG cannot be verified against its exchange. Please verify the symbol is currently traded on SIX Swiss 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.
Metall Zug February 6, 2025 Market Strength
Market strength indicators help investors to evaluate how Metall Zug stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Metall Zug shares will generate the highest return on investment. By undertsting and applying Metall Zug stock market strength indicators, traders can identify Metall Zug AG entry and exit signals to maximize returns
Metall Zug Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Metall Zug's price direction in advance. Along with the technical and fundamental analysis of Metall Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Metall 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 | (0.05) | |||
Jensen Alpha | (0.18) | |||
Total Risk Alpha | (0.24) | |||
Treynor Ratio | (0.52) |
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Volume Indicators |
Check out Correlation Analysis to better understand how to build diversified portfolios. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors. You can also try the Portfolio Analyzer module to portfolio analysis module that provides access to portfolio diagnostics and optimization engine.
Other Tools for Metall Stock
When running Metall Zug's price analysis, check to measure Metall Zug'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 Metall Zug is operating at the current time. Most of Metall Zug's value examination focuses on studying past and present price action to predict the probability of Metall Zug's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Metall Zug's price. Additionally, you may evaluate how the addition of Metall Zug to your portfolios can decrease your overall portfolio volatility.
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