Ontex Group (Germany) Price on July 20, 2023
OT7 Stock | EUR 7.54 0.02 0.26% |
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 7.54, as last reported on the 25th of November, with the highest price reaching 7.54 and the lowest price hitting 7.54 during the day. Ontex Group NV maintains Sharpe Ratio (i.e., Efficiency) of -0.14, which implies the firm had a -0.14% return per unit of risk over the last 3 months. Ontex Group NV exposes twenty-two different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please check Ontex Group's Coefficient Of Variation of (763.18), risk adjusted performance of (0.1), and Variance of 2.89 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 = -0.1379
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Estimated Market Risk
1.71 actual daily | 15 85% of assets are more volatile |
Expected Return
-0.24 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
-0.14 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 July 20, 2023
It is possible to determine the worth of Ontex Group on a given historical date. On July 20, 2023 Ontex was worth 7.42 at the beginning of the trading date compared to the closed value of 7.35. 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 | |
7.15 | 7.44 | 7.15 | 7.44 | 300.00 | |
07/20/2023 | 7.42 | 7.42 | 7.35 | 7.35 | 300.00 |
7.26 | 7.33 | 7.26 | 7.33 | 300.00 |
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Ontex Group Trading Date Momentum on July 20, 2023
On July 21 2023 Ontex Group NV was traded for 7.33 at the closing time. The highest daily price throughout the period was 7.33 and the lowest price was 7.26 . The daily volume was 300. The net trading volume on 07/21/2023 added to the next day price reduction. The trading delta at closing time to closing price of the next trading day was 0.27% . The trading delta at closing time to current closing price is 3.27% . |
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 is traded on Frankfurt Stock Exchange in Germany.
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 25, 2024
| High |
0.00 | 0.00 |
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Ontex Group November 25, 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 | (0.1) | |||
Jensen Alpha | (0.23) | |||
Total Risk Alpha | (0.50) | |||
Treynor Ratio | 3.8 |
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Volume Indicators |
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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.
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