Optronics Technologies (Greece) Price on November 28, 2024
| OPTRON Stock | EUR 1.48 0.00 0.00% |
If you're considering investing in Optronics Stock, it is important to understand the factors that can impact its price. As of today, the current price of Optronics Technologies stands at 1.48, as last reported on the 2nd of December, with the highest price reaching 1.48 and the lowest price hitting 1.48 during the day. At this point, Optronics Technologies is very steady. Optronics Technologies maintains Sharpe Ratio (i.e., Efficiency) of 6.0E-4, which implies the firm had a 6.0E-4% return per unit of risk over the last 3 months. We have found seventeen technical indicators for Optronics Technologies, which you can use to evaluate the volatility of the company. Please check Optronics Technologies' Coefficient Of Variation of 170780.27, variance of 0.0141, and Risk Adjusted Performance of (0.05) to confirm if the risk estimate we provide is consistent with the expected return of 1.0E-4%.
Optronics Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
Optronics |
Sharpe Ratio = 6.0E-4
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| Negative Returns | OPTRON |
Estimated Market Risk
| 0.12 actual daily | 1 99% of assets are more volatile |
Expected Return
| 0.0 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| 0.0 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Optronics Technologies 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 Optronics Technologies by adding Optronics Technologies to a well-diversified portfolio.
Optronics Technologies Valuation on November 28, 2024
It is possible to determine the worth of Optronics Technologies on a given historical date. On November 28, 2024 Optronics was worth 1.48 at the beginning of the trading date compared to the closed value of 1.48. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Optronics Technologies stock. Still, in general, we apply an absolute valuation method to find Optronics Technologies' 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 Optronics Technologies where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Optronics Technologies' related companies.
| Open | High | Low | Close | Volume | |
| 1.48 | 1.48 | 1.48 | 1.48 | 1.00 | |
11/28/2024 | 1.48 | 1.48 | 1.48 | 1.48 | 1.00 |
| 1.48 | 1.48 | 1.48 | 1.48 | 0.00 |
| Backtest Optronics Technologies | | | Optronics Technologies History | | | Optronics Technologies Valuation | Previous | Next |
Optronics Technologies Trading Date Momentum on November 28, 2024
| On December 02 2024 Optronics Technologies SA was traded for 1.48 at the closing time. The highest price during the trading period was 1.48 and the lowest recorded bid was listed for 1.48 . There was no trading activity during the period 0.0. Lack of trading volume on December 2, 2024 did not cause price change. The trading delta at closing time to the current price is 0.00% . |
Optronics Technologies Fundamentals Correlations and Trends
By evaluating Optronics Technologies' financials over time, investors can gain insight into future company performance. However, you can also analyze the published financial statements to find patterns among Optronics Technologies' main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Optronics financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Optronics Technologies Stock history
Optronics Technologies 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 Optronics is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Optronics Technologies 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 Optronics Technologies stock prices may prove useful in developing a viable investing in Optronics Technologies
Optronics Technologies S.A. provides services in the fiber optics, optoelectronics, and laser applications markets in Greece. The company was founded in 1990 and is based in Athens, Greece. Optronics Technologies operates under Diversified Electronics classification in Greece and traded on Athens Stock Exchange.
Optronics Technologies Stock Technical Analysis
Optronics Technologies 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
Optronics Technologies Period Price Range
Low | December 2, 2024
| High |
0.00 | 0.00 |
Optronics Technologies SA cannot be verified against its exchange. Please verify the symbol is currently traded on Athens 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.
Optronics Technologies December 2, 2024 Market Strength
Market strength indicators help investors to evaluate how Optronics Technologies stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Optronics Technologies shares will generate the highest return on investment. By undertsting and applying Optronics Technologies stock market strength indicators, traders can identify Optronics Technologies SA entry and exit signals to maximize returns
Optronics Technologies Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Optronics Technologies' price direction in advance. Along with the technical and fundamental analysis of Optronics Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Optronics 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 | (0.05) | |||
| Jensen Alpha | (0.01) | |||
| Total Risk Alpha | (0.03) | |||
| Treynor Ratio | 0.9457 |
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Complementary Tools for Optronics Stock analysis
When running Optronics Technologies' price analysis, check to measure Optronics Technologies' 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 Optronics Technologies is operating at the current time. Most of Optronics Technologies' value examination focuses on studying past and present price action to predict the probability of Optronics Technologies' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Optronics Technologies' price. Additionally, you may evaluate how the addition of Optronics Technologies to your portfolios can decrease your overall portfolio volatility.
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