Neurones (France) Price on July 24, 2023
NRO Stock | EUR 44.90 0.05 0.11% |
If you're considering investing in Neurones Stock, it is important to understand the factors that can impact its price. As of today, the current price of Neurones stands at 44.90, as last reported on the 29th of November, with the highest price reaching 45.05 and the lowest price hitting 44.60 during the day. At this point, Neurones is very steady. Neurones has Sharpe Ratio of 0.0907, which conveys that the firm had a 0.0907% return per unit of risk over the last 3 months. We have found thirty technical indicators for Neurones, which you can use to evaluate the volatility of the firm. Please verify Neurones' Mean Deviation of 0.7599, downside deviation of 0.9456, and Risk Adjusted Performance of 0.0523 to check out if the risk estimate we provide is consistent with the expected return of 0.0907%.
Neurones Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
Neurones |
Sharpe Ratio = 0.0907
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Estimated Market Risk
1.0 actual daily | 8 92% of assets are more volatile |
Expected Return
0.09 actual daily | 1 99% of assets have higher returns |
Risk-Adjusted Return
0.09 actual daily | 7 93% of assets perform better |
Based on monthly moving average Neurones is performing at about 7% 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 Neurones by adding it to a well-diversified portfolio.
Neurones Valuation on July 24, 2023
It is possible to determine the worth of Neurones on a given historical date. On July 24, 2023 Neurones was worth 37.58 at the beginning of the trading date compared to the closed value of 37.48. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Neurones stock. Still, in general, we apply an absolute valuation method to find Neurones' 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 Neurones where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Neurones' related companies.
Open | High | Low | Close | Volume | |
37.72 | 37.77 | 37.48 | 37.53 | 3,230 | |
07/24/2023 | 37.58 | 37.92 | 37.48 | 37.48 | 8,710 |
37.72 | 37.72 | 37.48 | 37.48 | 6,567 |
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Neurones Trading Date Momentum on July 24, 2023
On July 25 2023 Neurones was traded for 37.48 at the closing time. The maximum traded price for the trading interval was 37.72 and the lowest daily price was 37.48 . The daily volume was recorded at 6.6 K. The volume of trading on 25th of July 2023 did not cause price change. The trading delta at closing time to the closing price today is 1.31% . |
Neurones Fundamentals Correlations and Trends
By evaluating Neurones' financials over time, investors can gain insight into future company performance. However, you can also analyze the published financial statements to find patterns among Neurones' main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Neurones financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Neurones Stock history
Neurones 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 Neurones is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Neurones 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 Neurones stock prices may prove useful in developing a viable investing in Neurones
Neurones S.A., an information technology services company, provides infrastructure, application, and consulting services in France and internationally. Neurones S.A. was founded in 1985 and is headquartered in Nanterre, France. NEURONES operates under Information Technology Services classification in France and is traded on Paris Stock Exchange. It employs 5160 people.
Neurones Stock Technical Analysis
Neurones 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
Neurones Period Price Range
Low | November 29, 2024
| High |
0.00 | 0.00 |
Neurones cannot be verified against its exchange. Please verify the symbol is currently traded on Euronext Paris. 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.
Neurones November 29, 2024 Market Strength
Market strength indicators help investors to evaluate how Neurones stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Neurones shares will generate the highest return on investment. By undertsting and applying Neurones stock market strength indicators, traders can identify Neurones entry and exit signals to maximize returns
Neurones Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Neurones' price direction in advance. Along with the technical and fundamental analysis of Neurones Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Neurones 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 | 0.0523 | |||
Jensen Alpha | 0.0385 | |||
Total Risk Alpha | (0.1) | |||
Sortino Ratio | (0.06) | |||
Treynor Ratio | 0.3826 |
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Pattern Recognition | ||
Price Transform | ||
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Volume Indicators |
Complementary Tools for Neurones Stock analysis
When running Neurones' price analysis, check to measure Neurones' 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 Neurones is operating at the current time. Most of Neurones' value examination focuses on studying past and present price action to predict the probability of Neurones' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Neurones' price. Additionally, you may evaluate how the addition of Neurones to your portfolios can decrease your overall portfolio volatility.
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