Ontex Group (Belgium) Price on April 19, 2024
ONTEX Stock | EUR 8.11 0.11 1.37% |
If you're considering investing in Ontex Stock, it is important to understand the factors that can impact its price. As of today, the current price of Ontex Group stands at 8.11, as last reported on the 28th of November, with the highest price reaching 8.11 and the lowest price hitting 8.00 during the day. Ontex Group NV maintains Sharpe Ratio (i.e., Efficiency) of -0.1, which implies the firm had a -0.1% return per unit of risk over the last 3 months. Ontex Group NV exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please check Ontex Group's Variance of 2.37, coefficient of variation of (804.62), and Risk Adjusted Performance of (0.09) to confirm the risk estimate we provide.
Ontex Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
Ontex |
Sharpe Ratio = -0.1004
Best Portfolio | Best Equity | |||
Good Returns | ||||
Average Returns | ||||
Small Returns | ||||
Cash | Small Risk | Average Risk | High Risk | Huge Risk |
Negative Returns | ONTEX |
Estimated Market Risk
1.57 actual daily | 13 87% of assets are more volatile |
Expected Return
-0.16 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
-0.1 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Ontex Group 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 Ontex Group by adding Ontex Group to a well-diversified portfolio.
Ontex Group Valuation on April 19, 2024
It is possible to determine the worth of Ontex Group on a given historical date. On April 19, 2024 Ontex was worth 8.92 at the beginning of the trading date compared to the closed value of 9.07. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Ontex Group stock. Still, in general, we apply an absolute valuation method to find Ontex Group'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 Ontex Group where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Ontex Group's related companies.
Open | High | Low | Close | Volume | |
8.95 | 9.08 | 8.82 | 8.94 | 157,156 | |
04/19/2024 | 8.92 | 9.11 | 8.87 | 9.07 | 131,815 |
9.15 | 9.24 | 9.11 | 9.18 | 163,666 |
Backtest Ontex Group | | | Ontex Group History | | | Ontex Group Valuation | Previous | Next |
Ontex Group Trading Date Momentum on April 19, 2024
On April 22 2024 Ontex Group NV was traded for 9.18 at the closing time. The highest price during the trading period was 9.24 and the lowest recorded bid was listed for 9.11 . The volume for the day was 163.7 K. This history from April 22, 2024 contributed to the next trading day price jump. The trading delta at closing time to the next closing price was 1.21% . The trading delta at closing time to the current price is 4.74% . |
Ontex Group NV Fundamentals Correlations and Trends
By evaluating Ontex Group'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 Ontex Group's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Ontex financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Ontex Group Stock history
Ontex Group 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 Ontex is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Ontex Group NV 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 Ontex Group stock prices may prove useful in developing a viable investing in Ontex Group
Ontex Group NV manufactures and sells personal hygiene solutions for baby, feminine, and adult care in Western Europe, Eastern Europe, the Americas, and internationally. Ontex Group NV was founded in 1979 and is headquartered in Erembodegem, Belgium. ONTEX GROUP operates under Household Consumables Manufacturers classification in Belgium and is traded on Brussels Stock Exchange. It employs 10750 people.
Ontex Group Stock Technical Analysis
Ontex Group 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
Ontex Group Period Price Range
Low | November 28, 2024
| High |
0.00 | 0.00 |
Ontex Group NV cannot be verified against its exchange. Please verify the symbol is currently traded on Euronext Brussels. 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.
Ontex Group November 28, 2024 Market Strength
Market strength indicators help investors to evaluate how Ontex Group stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Ontex Group shares will generate the highest return on investment. By undertsting and applying Ontex Group stock market strength indicators, traders can identify Ontex Group NV entry and exit signals to maximize returns
Ontex Group Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Ontex Group's price direction in advance. Along with the technical and fundamental analysis of Ontex Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Ontex 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 | (0.09) | |||
Jensen Alpha | (0.24) | |||
Total Risk Alpha | (0.44) | |||
Treynor Ratio | (0.56) |
Cycle Indicators | ||
Math Operators | ||
Math Transform | ||
Momentum Indicators | ||
Overlap Studies | ||
Pattern Recognition | ||
Price Transform | ||
Statistic Functions | ||
Volatility Indicators | ||
Volume Indicators |
Complementary Tools for Ontex Stock analysis
When running Ontex Group's price analysis, check to measure Ontex Group'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 Ontex Group is operating at the current time. Most of Ontex Group's value examination focuses on studying past and present price action to predict the probability of Ontex Group's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Ontex Group's price. Additionally, you may evaluate how the addition of Ontex Group to your portfolios can decrease your overall portfolio volatility.
Portfolio Optimization Compute new portfolio that will generate highest expected return given your specified tolerance for risk | |
Commodity Directory Find actively traded commodities issued by global exchanges | |
Sign In To Macroaxis Sign in to explore Macroaxis' wealth optimization platform and fintech modules | |
Volatility Analysis Get historical volatility and risk analysis based on latest market data |