Patterson Companies (Germany) Price on December 2, 2024
| PD2 Stock | EUR 20.20 1.20 6.32% |
If you're considering investing in Patterson Stock, it is important to understand the factors that can impact its price. As of today, the current price of Patterson Companies stands at 20.20, as last reported on the 2nd of December, with the highest price reaching 20.40 and the lowest price hitting 20.20 during the day. At this point, Patterson Companies is not too volatile. Patterson Companies maintains Sharpe Ratio (i.e., Efficiency) of 0.0277, which implies the firm had a 0.0277% return per unit of risk over the last 3 months. We have found twenty-nine technical indicators for Patterson Companies, which you can use to evaluate the volatility of the company. Please check Patterson Companies' Coefficient Of Variation of 4985.23, semi deviation of 1.98, and Risk Adjusted Performance of 0.0216 to confirm if the risk estimate we provide is consistent with the expected return of 0.0576%.
Patterson Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
Patterson |
Sharpe Ratio = 0.0277
| Best Portfolio | Best Equity | |||
| Good Returns | ||||
| Average Returns | ||||
| Small Returns | ||||
| Cash | Small Risk | PD2 | High Risk | Huge Risk |
| Negative Returns |
Estimated Market Risk
| 2.08 actual daily | 18 82% of assets are more volatile |
Expected Return
| 0.06 actual daily | 1 99% of assets have higher returns |
Risk-Adjusted Return
| 0.03 actual daily | 2 98% of assets perform better |
Based on monthly moving average Patterson Companies is performing at about 2% of its full potential. 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 Patterson Companies by adding it to a well-diversified portfolio.
Patterson Companies Valuation on December 2, 2024
It is possible to determine the worth of Patterson Companies on a given historical date. On December 2, 2024 Patterson was worth 20.4 at the beginning of the trading date compared to the closed value of 20.2. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Patterson Companies stock. Still, in general, we apply an absolute valuation method to find Patterson Companies' 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 Patterson Companies where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Patterson Companies' related companies.
| Open | High | Low | Close | Volume | |
| 20.40 | 20.40 | 20.20 | 20.20 | 1.00 | |
12/02/2024 | 20.40 | 20.40 | 20.20 | 20.20 | 0.00 |
| Backtest Patterson Companies | | | Patterson Companies History | | | Patterson Companies Valuation | Previous |
Patterson Companies Trading Date Momentum on December 2, 2024
| On December 02 2024 Patterson Companies was traded for 20.20 at the closing time. The highest daily price throughout the period was 20.40 and the lowest price was 20.20 . There was no trading activity during the period 0.0. Lack of trading volume on 12/02/2024 did not cause price change. The trading delta at closing time to current closing price is 0.99% . |
Patterson Companies Fundamentals Correlations and Trends
By evaluating Patterson Companies' financials over time, investors can gain insight into future company performance. However, you can also analyze the published financial statements to find patterns among Patterson Companies' main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Patterson financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Patterson Companies Stock history
Patterson Companies 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 Patterson is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Patterson Companies 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 Patterson Companies stock prices may prove useful in developing a viable investing in Patterson Companies
Patterson Companies, Inc. distributes and sells dental and animal health products in the United States, the United Kingdom, and Canada. Patterson Companies, Inc. was founded in 1877 and is headquartered in St. PATTERSON COS operates under Medical Distribution classification in Germany and is traded on Frankfurt Stock Exchange. It employs 7800 people.
Patterson Companies Stock Technical Analysis
Patterson Companies 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
Patterson Companies Period Price Range
Low | December 2, 2024
| High |
0.00 | 0.00 |
Patterson Companies 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.
Patterson Companies December 2, 2024 Market Strength
Market strength indicators help investors to evaluate how Patterson Companies stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Patterson Companies shares will generate the highest return on investment. By undertsting and applying Patterson Companies stock market strength indicators, traders can identify Patterson Companies entry and exit signals to maximize returns
Patterson Companies Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Patterson Companies' price direction in advance. Along with the technical and fundamental analysis of Patterson Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Patterson 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 | 0.0216 | |||
| Jensen Alpha | (0.02) | |||
| Total Risk Alpha | (0.31) | |||
| Sortino Ratio | (0.04) | |||
| Treynor Ratio | 0.0762 |
| Cycle Indicators | ||
| Math Operators | ||
| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
Complementary Tools for Patterson Stock analysis
When running Patterson Companies' price analysis, check to measure Patterson Companies' 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 Patterson Companies is operating at the current time. Most of Patterson Companies' value examination focuses on studying past and present price action to predict the probability of Patterson Companies' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Patterson Companies' price. Additionally, you may evaluate how the addition of Patterson Companies to your portfolios can decrease your overall portfolio volatility.
| Equity Analysis Research over 250,000 global equities including funds, stocks and ETFs to find investment opportunities | |
| ETF Categories List of ETF categories grouped based on various criteria, such as the investment strategy or type of investments | |
| Risk-Return Analysis View associations between returns expected from investment and the risk you assume | |
| Portfolio Analyzer Portfolio analysis module that provides access to portfolio diagnostics and optimization engine | |
| USA ETFs Find actively traded Exchange Traded Funds (ETF) in USA | |
| Portfolio Rebalancing Analyze risk-adjusted returns against different time horizons to find asset-allocation targets | |
| Portfolio Backtesting Avoid under-diversification and over-optimization by backtesting your portfolios | |
| My Watchlist Analysis Analyze my current watchlist and to refresh optimization strategy. Macroaxis watchlist is based on self-learning algorithm to remember stocks you like | |
| Piotroski F Score Get Piotroski F Score based on the binary analysis strategy of nine different fundamentals |