PNE AG (Germany) Price on December 2, 2024
PNE3 Stock | 11.12 0.04 0.36% |
If you're considering investing in PNE Stock, it is important to understand the factors that can impact its price. As of today, the current price of PNE AG stands at 11.12, as last reported on the 11th of December 2024, with the highest price reaching 11.22 and the lowest price hitting 11.02 during the day. PNE AG maintains Sharpe Ratio (i.e., Efficiency) of -2.0E-4, which implies the firm had a -2.0E-4% return per unit of risk over the last 3 months. PNE AG exposes twenty-eight different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please check PNE AG's Semi Deviation of 0.9618, mean deviation of 0.8952, and Risk Adjusted Performance of 0.0273 to confirm the risk estimate we provide.
PNE Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
PNE |
Sharpe Ratio = -2.0E-4
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Estimated Market Risk
1.3 actual daily | 11 89% 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 PNE AG 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 PNE AG by adding PNE AG to a well-diversified portfolio.
PNE AG Valuation on December 2, 2024
It is possible to determine the worth of PNE AG on a given historical date. On December 2, 2024 PNE was worth 11.1 at the beginning of the trading date compared to the closed value of 10.94. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of PNE AG stock. Still, in general, we apply an absolute valuation method to find PNE AG'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 PNE AG where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against PNE AG's related companies.
Open | High | Low | Close | Volume | |
11.14 | 11.30 | 11.10 | 11.14 | 45,527 | |
12/02/2024 | 11.10 | 11.30 | 10.84 | 10.94 | 78,738 |
10.98 | 11.02 | 10.92 | 10.96 | 95,442 |
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PNE AG Trading Date Momentum on December 2, 2024
On December 03 2024 PNE AG was traded for 10.96 at the closing time. The highest price during the trading period was 11.02 and the lowest recorded bid was listed for 10.92 . The volume for the day was 95.4 K. This history from December 3, 2024 contributed to the next trading day price growth. The trading delta at closing time to the next closing price was 0.18% . The trading delta at closing time to the current price is 0.91% . |
PNE AG Fundamentals Correlations and Trends
By evaluating PNE AG'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 PNE AG's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. PNE financial account trend analysis is a perfect complement when working with valuation or volatility modules.About PNE AG Stock history
PNE AG 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 PNE is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in PNE AG 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 PNE AG stock prices may prove useful in developing a viable investing in PNE AG
PNE AG Stock Technical Analysis
PNE AG 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
PNE AG Period Price Range
Low | December 11, 2024
| High |
0.00 | 0.00 |
PNE AG cannot be verified against its exchange. Please verify the symbol is currently traded on XETRA Stock 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.
PNE AG December 11, 2024 Market Strength
Market strength indicators help investors to evaluate how PNE AG stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading PNE AG shares will generate the highest return on investment. By undertsting and applying PNE AG stock market strength indicators, traders can identify PNE AG entry and exit signals to maximize returns
PNE AG Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for PNE AG's price direction in advance. Along with the technical and fundamental analysis of PNE Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of PNE 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 | 0.0273 | |||
Jensen Alpha | 0.0599 | |||
Total Risk Alpha | (0.18) | |||
Sortino Ratio | (0.07) | |||
Treynor Ratio | (0.13) |
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Complementary Tools for PNE Stock analysis
When running PNE AG's price analysis, check to measure PNE AG'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 PNE AG is operating at the current time. Most of PNE AG's value examination focuses on studying past and present price action to predict the probability of PNE AG's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move PNE AG's price. Additionally, you may evaluate how the addition of PNE AG to your portfolios can decrease your overall portfolio volatility.
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