Richter Gedeon (Germany) Price on May 30, 2024

RIG2 Stock  EUR 25.92  0.86  3.21%   
If you're considering investing in Richter Stock, it is important to understand the factors that can impact its price. As of today, the current price of Richter Gedeon stands at 25.92, as last reported on the 23rd of November, with the highest price reaching 25.98 and the lowest price hitting 25.92 during the day. Richter Gedeon Vegyszeti maintains Sharpe Ratio (i.e., Efficiency) of -0.0441, which implies the firm had a -0.0441% return per unit of risk over the last 3 months. Richter Gedeon Vegyszeti exposes twenty-four different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please check Richter Gedeon's Coefficient Of Variation of (2,619), variance of 2.92, and Risk Adjusted Performance of (0.02) to confirm the risk estimate we provide.
  
Richter Stock price history is provided at the adjusted basis, taking into account all of the recent filings.

Sharpe Ratio = -0.0441

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Estimated Market Risk

 1.71
  actual daily
15
85% of assets are more volatile

Expected Return

 -0.08
  actual daily
0
Most of other assets have higher returns

Risk-Adjusted Return

 -0.04
  actual daily
0
Most of other assets perform better
Based on monthly moving average Richter Gedeon 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 Richter Gedeon by adding Richter Gedeon to a well-diversified portfolio.

Richter Gedeon Valuation on May 30, 2024

It is possible to determine the worth of Richter Gedeon on a given historical date. On May 30, 2024 Richter was worth 23.24 at the beginning of the trading date compared to the closed value of 23.72. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Richter Gedeon stock. Still, in general, we apply an absolute valuation method to find Richter Gedeon'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 Richter Gedeon where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Richter Gedeon's related companies.
 Open High Low Close Volume
  23.86    24.28    23.84    23.84    900.00  
05/30/2024
  23.24    23.72    23.24    23.72    1.00  
  23.12    24.00    23.12    24.00    948.00  
Backtest Richter Gedeon  |  Richter Gedeon History  |  Richter Gedeon Valuation   PreviousNext  
Open Value
23.24
23.72
Closing Value
28.36
Upside

Richter Gedeon Trading Date Momentum on May 30, 2024

On May 31 2024 Richter Gedeon Vegyszeti was traded for  24.00  at the closing time. The maximum traded price for the trading interval was 24.00  and the lowest daily price was  23.12 . The daily volume was recorded at 948. The volume of trading on 31st of May 2024 played a part in the next trading day price rise. The trading delta at closing time to the next closing price was 1.18% . The trading delta at closing time to the closing price today is 0.76% .

Richter Gedeon Vegyszeti Fundamentals Correlations and Trends

By evaluating Richter Gedeon'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 Richter Gedeon's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Richter financial account trend analysis is a perfect complement when working with valuation or volatility modules.

About Richter Gedeon Stock history

Richter Gedeon 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 Richter is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Richter Gedeon Vegyszeti 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 Richter Gedeon stock prices may prove useful in developing a viable investing in Richter Gedeon
Richter Gedeon Vegyszeti Gyr Nyilvnosan Mukdo Rt. researches, develops, manufactures, markets, and sells pharmaceutical products worldwide. The company was founded in 1901 and is headquartered in Budapest, Hungary. RICHT GEDE operates under Drug Manufacturers - Specialty Generic classification in Germany and is traded on Frankfurt Stock Exchange. It employs 12869 people.

Richter Gedeon Stock Technical Analysis

Richter Gedeon 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.
A focus of Richter Gedeon technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of Richter Gedeon trading pattern rather than external drivers such as economic, fundamental, or social events. It is believed that price action tends to repeat itself due to investors' collective, patterned behavior. Hence technical analysis focuses on identifiable price trends and conditions. More Info...

Price Boundaries

Richter Gedeon Period Price Range

Low
November 23, 2024
0.00  NaN%
High

 0.00 

     

 0.00 

Richter Gedeon Vegyszeti 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.

Richter Gedeon November 23, 2024 Market Strength

Market strength indicators help investors to evaluate how Richter Gedeon stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Richter Gedeon shares will generate the highest return on investment. By undertsting and applying Richter Gedeon stock market strength indicators, traders can identify Richter Gedeon Vegyszeti entry and exit signals to maximize returns

Richter Gedeon Technical and Predictive Indicators

Predictive indicators are helping investors to find signals for Richter Gedeon's price direction in advance. Along with the technical and fundamental analysis of Richter Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Richter 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.

Complementary Tools for Richter Stock analysis

When running Richter Gedeon's price analysis, check to measure Richter Gedeon'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 Richter Gedeon is operating at the current time. Most of Richter Gedeon's value examination focuses on studying past and present price action to predict the probability of Richter Gedeon's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Richter Gedeon's price. Additionally, you may evaluate how the addition of Richter Gedeon to your portfolios can decrease your overall portfolio volatility.
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