RIAS AS (Denmark) Price on March 21, 2023
RIAS-B Stock | DKK 620.00 20.00 3.33% |
If you're considering investing in RIAS Stock, it is important to understand the factors that can impact its price. As of today, the current price of RIAS AS stands at 620.00, as last reported on the 11th of December 2024, with the highest price reaching 630.00 and the lowest price hitting 620.00 during the day. RIAS AS retains Efficiency (Sharpe Ratio) of -0.0285, which implies the firm had a -0.0285% return per unit of risk over the last 3 months. RIAS AS exposes twenty-four different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please check RIAS AS's coefficient of variation of (8,749), and Market Risk Adjusted Performance of (0.09) to confirm the risk estimate we provide.
RIAS Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
RIAS |
Sharpe Ratio = -0.0285
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Estimated Market Risk
2.18 actual daily | 19 81% of assets are more volatile |
Expected Return
-0.06 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
-0.03 actual daily | 0 Most of other assets perform better |
Based on monthly moving average RIAS AS 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 RIAS AS by adding RIAS AS to a well-diversified portfolio.
RIAS AS Valuation on March 21, 2023
It is possible to determine the worth of RIAS AS on a given historical date. On March 21, 2023 RIAS was worth 635.0 at the beginning of the trading date compared to the closed value of 635.0. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of RIAS AS stock. Still, in general, we apply an absolute valuation method to find RIAS AS'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 RIAS AS where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against RIAS AS's related companies.
Open | High | Low | Close | Volume | |
635.00 | 635.00 | 605.00 | 605.00 | 89.00 | |
03/21/2023 | 635.00 | 635.00 | 635.00 | 635.00 | 1.00 |
635.00 | 635.00 | 635.00 | 635.00 | 1.00 |
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RIAS AS Trading Date Momentum on March 21, 2023
On March 22 2023 RIAS AS was traded for 635.00 at the closing time. The highest price during the trading period was 635.00 and the lowest recorded bid was listed for 635.00 . There was no trading activity during the period 1.0. Lack of trading volume on March 22, 2023 did not cause price change. The trading delta at closing time to the current price is 0.00% . |
RIAS AS Fundamentals Correlations and Trends
By evaluating RIAS AS'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 RIAS AS's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. RIAS financial account trend analysis is a perfect complement when working with valuation or volatility modules.About RIAS AS Stock history
RIAS AS 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 RIAS is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in RIAS AS 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 RIAS AS stock prices may prove useful in developing a viable investing in RIAS AS
It offers semi-finished plastic products for industries, such as building, construction, chemical, mechanical, offshore, food, furniture and packaging, and visual communication industries. RIAS AS is a subsidiary of thyssenkrupp Facilities Services GmbH. RIAS AS operates under Building Materials classification in Denmark and is traded on Copenhagen Stock Exchange. It employs 99 people.
RIAS AS Stock Technical Analysis
RIAS AS 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
RIAS AS Period Price Range
Low | December 11, 2024
| High |
0.00 | 0.00 |
RIAS AS cannot be verified against its exchange. Please verify the symbol is currently traded on Copenhagen 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.
RIAS AS December 11, 2024 Market Strength
Market strength indicators help investors to evaluate how RIAS AS stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading RIAS AS shares will generate the highest return on investment. By undertsting and applying RIAS AS stock market strength indicators, traders can identify RIAS AS entry and exit signals to maximize returns
RIAS AS Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for RIAS AS's price direction in advance. Along with the technical and fundamental analysis of RIAS Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of RIAS 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) | |||
Jensen Alpha | (0.08) | |||
Total Risk Alpha | (0.38) | |||
Treynor Ratio | (0.1) |
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Complementary Tools for RIAS Stock analysis
When running RIAS AS's price analysis, check to measure RIAS AS'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 RIAS AS is operating at the current time. Most of RIAS AS's value examination focuses on studying past and present price action to predict the probability of RIAS AS's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move RIAS AS's price. Additionally, you may evaluate how the addition of RIAS AS to your portfolios can decrease your overall portfolio volatility.
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