Roche Holding (Germany) Price on May 15, 2023
RHO6 Stock | EUR 33.32 0.17 0.51% |
If you're considering investing in Roche Stock, it is important to understand the factors that can impact its price. As of today, the current price of Roche Holding stands at 33.32, as last reported on the 27th of November, with the highest price reaching 34.40 and the lowest price hitting 33.32 during the day. Roche Holding maintains Sharpe Ratio (i.e., Efficiency) of -0.11, which implies the firm had a -0.11% return per unit of risk over the last 3 months. Roche Holding exposes twenty-four different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please check Roche Holding's Variance of 3.08, coefficient of variation of (1,221), and Risk Adjusted Performance of (0.06) to confirm the risk estimate we provide.
Roche Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
Roche |
Sharpe Ratio = -0.1097
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Estimated Market Risk
1.71 actual daily | 15 85% of assets are more volatile |
Expected Return
-0.19 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
-0.11 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Roche Holding 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 Roche Holding by adding Roche Holding to a well-diversified portfolio.
Roche Holding Valuation on May 15, 2023
It is possible to determine the worth of Roche Holding on a given historical date. On May 15, 2023 Roche was worth 34.29 at the beginning of the trading date compared to the closed value of 34.38. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Roche Holding stock. Still, in general, we apply an absolute valuation method to find Roche Holding'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 Roche Holding where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Roche Holding's related companies.
Open | High | Low | Close | Volume | |
34.14 | 34.78 | 34.14 | 34.78 | 40.00 | |
05/15/2023 | 34.29 | 34.38 | 34.29 | 34.38 | 250.00 |
34.38 | 34.38 | 34.38 | 34.38 | 1.00 |
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Roche Holding Trading Date Momentum on May 15, 2023
On May 16 2023 Roche Holding Ltd was traded for 34.38 at the closing time. The maximum traded price for the trading interval was 34.38 and the lowest daily price was 34.38 . There was no trading activity during the period 1.0. Lack of trading volume on 16th of May 2023 did not cause price change. The trading delta at closing time to the closing price today is 1.40% . |
Roche Holding Fundamentals Correlations and Trends
By evaluating Roche Holding'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 Roche Holding's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Roche financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Roche Holding Stock history
Roche Holding 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 Roche is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Roche Holding 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 Roche Holding stock prices may prove useful in developing a viable investing in Roche Holding
Roche Holding AG engages in the prescription pharmaceuticals and diagnostics businesses in Switzerland, Germany, and internationally. The company was founded in 1896 and is headquartered in Basel, Switzerland. ROCHE HLDG operates under Drug ManufacturersGeneral classification in Germany and is traded on Frankfurt Stock Exchange. It employs 101465 people.
Roche Holding Stock Technical Analysis
Roche Holding 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
Roche Holding Period Price Range
Low | November 27, 2024
| High |
0.00 | 0.00 |
Roche Holding Ltd 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.
Roche Holding November 27, 2024 Market Strength
Market strength indicators help investors to evaluate how Roche Holding stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Roche Holding shares will generate the highest return on investment. By undertsting and applying Roche Holding stock market strength indicators, traders can identify Roche Holding Ltd entry and exit signals to maximize returns
Roche Holding Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Roche Holding's price direction in advance. Along with the technical and fundamental analysis of Roche Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Roche 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 | (0.06) | |||
Jensen Alpha | (0.15) | |||
Total Risk Alpha | (0.43) | |||
Treynor Ratio | 17.48 |
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Complementary Tools for Roche Stock analysis
When running Roche Holding's price analysis, check to measure Roche Holding'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 Roche Holding is operating at the current time. Most of Roche Holding's value examination focuses on studying past and present price action to predict the probability of Roche Holding's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Roche Holding's price. Additionally, you may evaluate how the addition of Roche Holding to your portfolios can decrease your overall portfolio volatility.
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