Obducat AB (Germany) Price on November 20, 2024
| OBD Stock | EUR 0.07 0.02 18.41% |
If you're considering investing in Obducat Stock, it is important to understand the factors that can impact its price. As of today, the current price of Obducat AB stands at 0.07, as last reported on the 28th of November, with the highest price reaching 0.07 and the lowest price hitting 0.07 during the day. Obducat AB is out of control given 3 months investment horizon. Obducat AB maintains Sharpe Ratio (i.e., Efficiency) of 0.0574, which implies the firm had a 0.0574% return per unit of risk over the last 3 months. We were able to interpolate twenty-seven different technical indicators, which can help you to evaluate if expected returns of 1.05% are justified by taking the suggested risk. Use Obducat AB Risk Adjusted Performance of 0.0533, coefficient of variation of 1752.9, and Semi Deviation of 13.16 to evaluate company specific risk that cannot be diversified away.
Obducat Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
Obducat |
Sharpe Ratio = 0.0574
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Estimated Market Risk
| 18.35 actual daily | 96 96% of assets are less volatile |
Expected Return
| 1.05 actual daily | 20 80% of assets have higher returns |
Risk-Adjusted Return
| 0.06 actual daily | 4 96% of assets perform better |
Based on monthly moving average Obducat AB is performing at about 4% 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 Obducat AB by adding it to a well-diversified portfolio.
Obducat AB Valuation on November 20, 2024
It is possible to determine the worth of Obducat AB on a given historical date. On November 20, 2024 Obducat was worth 0.1 at the beginning of the trading date compared to the closed value of 0.08. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Obducat AB stock. Still, in general, we apply an absolute valuation method to find Obducat AB'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 Obducat AB where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Obducat AB's related companies.
| Open | High | Low | Close | Volume | |
| 0.07 | 0.07 | 0.07 | 0.07 | 1.00 | |
11/20/2024 | 0.10 | 0.10 | 0.08 | 0.08 | 5,000 |
| 0.07 | 0.07 | 0.07 | 0.07 | 5,000 |
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Obducat AB Trading Date Momentum on November 20, 2024
| On November 21 2024 Obducat AB was traded for 0.07 at the closing time. The highest daily price throughout the period was 0.07 and the lowest price was 0.07 . The daily volume was 5 K. The net trading volume on 11/21/2024 added to the next day price reduction. The trading delta at closing time to closing price of the next trading day was 18.75% . The trading delta at closing time to current closing price is 12.50% . |
Obducat AB Fundamentals Correlations and Trends
By evaluating Obducat AB'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 Obducat AB's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Obducat financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Obducat AB Stock history
Obducat AB 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 Obducat is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Obducat AB 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 Obducat AB stock prices may prove useful in developing a viable investing in Obducat AB
Obducat AB develops and supplies lithography solutions for the use in the production and replication of micro and nanostructures. Obducat AB was founded in 1989 and is headquartered in Lund, Sweden. OBDUCAT AB is traded on Frankfurt Stock Exchange in Germany.
Obducat AB Stock Technical Analysis
Obducat AB 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
Obducat AB Period Price Range
Low | November 28, 2024
| High |
0.00 | 0.00 |
Obducat AB cannot be verified against its exchange. Please verify the symbol is currently traded on Frankfurt 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.
Obducat AB November 28, 2024 Market Strength
Market strength indicators help investors to evaluate how Obducat AB stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Obducat AB shares will generate the highest return on investment. By undertsting and applying Obducat AB stock market strength indicators, traders can identify Obducat AB entry and exit signals to maximize returns
Obducat AB Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Obducat AB's price direction in advance. Along with the technical and fundamental analysis of Obducat Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Obducat 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 | 0.0533 | |||
| Jensen Alpha | 0.453 | |||
| Total Risk Alpha | (1.71) | |||
| Sortino Ratio | 0.0427 | |||
| Treynor Ratio | 0.2067 |
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Complementary Tools for Obducat Stock analysis
When running Obducat AB's price analysis, check to measure Obducat AB'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 Obducat AB is operating at the current time. Most of Obducat AB's value examination focuses on studying past and present price action to predict the probability of Obducat AB's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Obducat AB's price. Additionally, you may evaluate how the addition of Obducat AB to your portfolios can decrease your overall portfolio volatility.
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