OBIC CoLtd (Germany) Price on December 19, 2024
OBL Stock | EUR 28.60 0.60 2.05% |
If you're considering investing in OBIC Stock, it is important to understand the factors that can impact its price. As of today, the current price of OBIC CoLtd stands at 28.60, as last reported on the 22nd of December, with the highest price reaching 28.60 and the lowest price hitting 28.60 during the day. OBIC CoLtd maintains Sharpe Ratio (i.e., Efficiency) of -0.0743, which implies the company had a -0.0743% return per unit of volatility over the last 3 months. OBIC CoLtd exposes twenty-one different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please check OBIC CoLtd's market risk adjusted performance of (7.91), and Variance of 2.28 to confirm the risk estimate we provide.
OBIC Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
OBIC |
Sharpe Ratio = -0.0743
Best Portfolio | Best Equity | |||
Good Returns | ||||
Average Returns | ||||
Small Returns | ||||
Cash | Small Risk | Average Risk | High Risk | Huge Risk |
Negative Returns | OBL |
Estimated Market Risk
1.49 actual daily | 13 87% of assets are more volatile |
Expected Return
-0.11 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
-0.07 actual daily | 0 Most of other assets perform better |
Based on monthly moving average OBIC CoLtd 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 OBIC CoLtd by adding OBIC CoLtd to a well-diversified portfolio.
OBIC CoLtd Valuation on December 19, 2024
It is possible to determine the worth of OBIC CoLtd on a given historical date. On December 19, 2024 OBIC was worth 29.2 at the beginning of the trading date compared to the closed value of 29.2. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of OBIC CoLtd stock. Still, in general, we apply an absolute valuation method to find OBIC CoLtd'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 OBIC CoLtd where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against OBIC CoLtd's related companies.
Open | High | Low | Close | Volume | |
29.40 | 29.40 | 29.40 | 29.40 | 1.00 | |
12/19/2024 | 29.20 | 29.20 | 29.20 | 29.20 | 1.00 |
28.60 | 28.60 | 28.60 | 28.60 | 1.00 |
Backtest OBIC CoLtd | | | OBIC CoLtd History | | | OBIC CoLtd Valuation | Previous | Next |
OBIC CoLtd Trading Date Momentum on December 19, 2024
On December 20 2024 OBIC CoLtd was traded for 28.60 at the closing time. The highest daily price throughout the period was 28.60 and the lowest price was 28.60 . There was no trading activity during the period 1.0. Lack of trading volume on 12/20/2024 added to the next day price reduction. The trading delta at closing time to closing price of the next trading day was 2.05% . The trading delta at closing time to current closing price is 2.05% . |
OBIC CoLtd Fundamentals Correlations and Trends
By evaluating OBIC CoLtd'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 OBIC CoLtd's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. OBIC financial account trend analysis is a perfect complement when working with valuation or volatility modules.About OBIC CoLtd Stock history
OBIC CoLtd 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 OBIC is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in OBIC CoLtd 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 OBIC CoLtd stock prices may prove useful in developing a viable investing in OBIC CoLtd
OBIC Co., Ltd., together with its subsidiaries, provides computer system integration, system support, office automation, and package software services. The company was founded in 1968 and is headquartered in Tokyo, Japan. OBIC LTD operates under Software - Application classification in Germany and is traded on Frankfurt Stock Exchange. It employs 2058 people.
OBIC CoLtd Stock Technical Analysis
OBIC CoLtd 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
OBIC CoLtd Period Price Range
Low | December 22, 2024
| High |
0.00 | 0.00 |
OBIC CoLtd 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.
OBIC CoLtd December 22, 2024 Market Strength
Market strength indicators help investors to evaluate how OBIC CoLtd stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading OBIC CoLtd shares will generate the highest return on investment. By undertsting and applying OBIC CoLtd stock market strength indicators, traders can identify OBIC CoLtd entry and exit signals to maximize returns
OBIC CoLtd Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for OBIC CoLtd's price direction in advance. Along with the technical and fundamental analysis of OBIC Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of OBIC 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 | (0.15) | |||
Total Risk Alpha | (0.19) | |||
Treynor Ratio | (7.92) |
Cycle Indicators | ||
Math Operators | ||
Math Transform | ||
Momentum Indicators | ||
Overlap Studies | ||
Pattern Recognition | ||
Price Transform | ||
Statistic Functions | ||
Volatility Indicators | ||
Volume Indicators |
Complementary Tools for OBIC Stock analysis
When running OBIC CoLtd's price analysis, check to measure OBIC CoLtd'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 OBIC CoLtd is operating at the current time. Most of OBIC CoLtd's value examination focuses on studying past and present price action to predict the probability of OBIC CoLtd's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move OBIC CoLtd's price. Additionally, you may evaluate how the addition of OBIC CoLtd to your portfolios can decrease your overall portfolio volatility.
Global Markets Map Get a quick overview of global market snapshot using zoomable world map. Drill down to check world indexes | |
Stock Tickers Use high-impact, comprehensive, and customizable stock tickers that can be easily integrated to any websites | |
Pattern Recognition Use different Pattern Recognition models to time the market across multiple global exchanges | |
Bonds Directory Find actively traded corporate debentures issued by US companies |