Parlem Telecom (Spain) Price on October 30, 2024
| PAR Stock | 3.20 0.10 3.03% |
If you're considering investing in Parlem Stock, it is important to understand the factors that can impact its price. As of today, the current price of Parlem Telecom stands at 3.20, as last reported on the 24th of January, with the highest price reaching 3.30 and the lowest price hitting 3.20 during the day. Parlem Telecom ia maintains Sharpe Ratio (i.e., Efficiency) of -0.06, which implies the firm had a -0.06 % return per unit of risk over the last 3 months. Parlem Telecom ia exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please check Parlem Telecom's Coefficient Of Variation of (2,221), risk adjusted performance of (0.03), and Variance of 3.46 to confirm the risk estimate we provide.
Parlem Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
Parlem |
Sharpe Ratio = -0.06
| Best Portfolio | Best Equity | |||
| Good Returns | ||||
| Average Returns | ||||
| Small Returns | ||||
| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
| Negative Returns | PAR |
Estimated Market Risk
| 1.85 actual daily | 16 84% of assets are more volatile |
Expected Return
| -0.11 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| -0.06 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Parlem Telecom 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 Parlem Telecom by adding Parlem Telecom to a well-diversified portfolio.
Parlem Telecom Valuation on October 30, 2024
It is possible to determine the worth of Parlem Telecom on a given historical date. On October 30, 2024 Parlem was worth 3.5 at the beginning of the trading date compared to the closed value of 3.5. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Parlem Telecom stock. Still, in general, we apply an absolute valuation method to find Parlem Telecom'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 Parlem Telecom where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Parlem Telecom's related companies.
| Open | High | Low | Close | Volume | |
| 3.50 | 3.50 | 3.50 | 3.50 | 500.00 | |
10/30/2024 | 3.50 | 3.50 | 3.40 | 3.50 | 1,020 |
| 3.40 | 3.50 | 3.36 | 3.38 | 16,516 |
| Backtest Parlem Telecom | | | Parlem Telecom History | | | Parlem Telecom Valuation | Previous | Next |
Parlem Telecom Trading Date Momentum on October 30, 2024
| On October 31 2024 Parlem Telecom Companyia was traded for 3.38 at the closing time. The maximum traded price for the trading interval was 3.50 and the lowest daily price was 3.36 . The daily volume was recorded at 16.5 K. The volume of trading on 31st of October 2024 played a part in the next trading day price drop. The trading delta at closing time to the next closing price was 3.43% . The trading delta at closing time to the closing price today is 2.86% . |
Parlem Telecom ia Fundamentals Correlations and Trends
By evaluating Parlem Telecom'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 Parlem Telecom's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Parlem financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Parlem Telecom Stock history
Parlem Telecom 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 Parlem is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Parlem Telecom ia 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 Parlem Telecom stock prices may prove useful in developing a viable investing in Parlem Telecom
Parlem Telecom Stock Technical Analysis
Parlem Telecom 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
Parlem Telecom Period Price Range
Low | January 24, 2025
| High |
0.00 | 0.00 |
Parlem Telecom Companyia cannot be verified against its exchange. Please verify the symbol is currently traded on Madrid 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.
Parlem Telecom January 24, 2025 Market Strength
Market strength indicators help investors to evaluate how Parlem Telecom stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Parlem Telecom shares will generate the highest return on investment. By undertsting and applying Parlem Telecom stock market strength indicators, traders can identify Parlem Telecom Companyia entry and exit signals to maximize returns
Parlem Telecom Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Parlem Telecom's price direction in advance. Along with the technical and fundamental analysis of Parlem Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Parlem 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 | (0.03) | |||
| Jensen Alpha | (0.08) | |||
| Total Risk Alpha | (0.18) | |||
| Treynor Ratio | 0.3317 |
| Cycle Indicators | ||
| Math Operators | ||
| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
Complementary Tools for Parlem Stock analysis
When running Parlem Telecom's price analysis, check to measure Parlem Telecom'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 Parlem Telecom is operating at the current time. Most of Parlem Telecom's value examination focuses on studying past and present price action to predict the probability of Parlem Telecom's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Parlem Telecom's price. Additionally, you may evaluate how the addition of Parlem Telecom to your portfolios can decrease your overall portfolio volatility.
| Equity Valuation Check real value of public entities based on technical and fundamental data | |
| Portfolio File Import Quickly import all of your third-party portfolios from your local drive in csv format | |
| Funds Screener Find actively-traded funds from around the world traded on over 30 global exchanges | |
| Share Portfolio Track or share privately all of your investments from the convenience of any device | |
| Latest Portfolios Quick portfolio dashboard that showcases your latest portfolios | |
| Correlation Analysis Reduce portfolio risk simply by holding instruments which are not perfectly correlated | |
| Portfolio Holdings Check your current holdings and cash postion to detemine if your portfolio needs rebalancing | |
| Efficient Frontier Plot and analyze your portfolio and positions against risk-return landscape of the market. | |
| ETF Categories List of ETF categories grouped based on various criteria, such as the investment strategy or type of investments |