Movinn AS (Denmark) Price on October 2, 2024

MOVINN Stock   3.82  0.14  3.80%   
If you're considering investing in Movinn Stock, it is important to understand the factors that can impact its price. As of today, the current price of Movinn AS stands at 3.82, as last reported on the 27th of November, with the highest price reaching 3.94 and the lowest price hitting 3.68 during the day. Movinn AS has Sharpe Ratio of -0.041, which conveys that the firm had a -0.041% return per unit of risk over the last 3 months. Movinn AS exposes twenty-four different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please verify Movinn AS's Mean Deviation of 2.37, risk adjusted performance of (0.03), and Standard Deviation of 3.28 to check out the risk estimate we provide.
  
Movinn Stock price history is provided at the adjusted basis, taking into account all of the recent filings.

Sharpe Ratio = -0.041

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Estimated Market Risk

 3.31
  actual daily
29
71% of assets are more volatile

Expected Return

 -0.14
  actual daily
0
Most of other assets have higher returns

Risk-Adjusted Return

 -0.04
  actual daily
0
Most of other assets perform better
Based on monthly moving average Movinn 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 Movinn AS by adding Movinn AS to a well-diversified portfolio.

Movinn AS Valuation on October 2, 2024

It is possible to determine the worth of Movinn AS on a given historical date. On October 2, 2024 Movinn was worth 4.18 at the beginning of the trading date compared to the closed value of 4.28. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Movinn AS stock. Still, in general, we apply an absolute valuation method to find Movinn 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 Movinn AS where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Movinn AS's related companies.
 Open High Low Close Volume
  4.02    4.02    4.02    4.02    1,000.00  
10/02/2024
  4.18    4.32    4.18    4.28    8,474  
  4.28    4.28    4.28    4.28    1.00  
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Open Value
4.18
4.28
Closing Value
14.10
Upside

Movinn AS Trading Date Momentum on October 2, 2024

On October 03 2024 Movinn AS was traded for  4.28  at the closing time. The highest price during the trading period was 4.28  and the lowest recorded bid was listed for  4.28 . There was no trading activity during the period 1.0. Lack of trading volume on October 3, 2024 did not cause price change. The trading delta at closing time to the current price is 2.80% .

Movinn AS Fundamentals Correlations and Trends

By evaluating Movinn 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 Movinn AS's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Movinn financial account trend analysis is a perfect complement when working with valuation or volatility modules.

About Movinn AS Stock history

Movinn 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 Movinn is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Movinn 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 Movinn AS stock prices may prove useful in developing a viable investing in Movinn AS

Movinn AS Stock Technical Analysis

Movinn 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.
A focus of Movinn AS technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of Movinn AS trading pattern rather than external drivers such as economic, fundamental, or social events. It is believed that price action tends to repeat itself due to investors' collective, patterned behavior. Hence technical analysis focuses on identifiable price trends and conditions. More Info...

Price Boundaries

Movinn AS Period Price Range

Low
November 27, 2024
0.00  NaN%
High

 0.00 

     

 0.00 

Movinn 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.

Movinn AS November 27, 2024 Market Strength

Market strength indicators help investors to evaluate how Movinn 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 Movinn AS shares will generate the highest return on investment. By undertsting and applying Movinn AS stock market strength indicators, traders can identify Movinn AS entry and exit signals to maximize returns

Movinn AS Technical and Predictive Indicators

Predictive indicators are helping investors to find signals for Movinn AS's price direction in advance. Along with the technical and fundamental analysis of Movinn Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Movinn 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.

Complementary Tools for Movinn Stock analysis

When running Movinn AS's price analysis, check to measure Movinn 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 Movinn AS is operating at the current time. Most of Movinn AS's value examination focuses on studying past and present price action to predict the probability of Movinn 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 Movinn AS's price. Additionally, you may evaluate how the addition of Movinn AS to your portfolios can decrease your overall portfolio volatility.
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