Risma Systems (Denmark) Price on September 19, 2024
RISMA Stock | DKK 5.70 0.20 3.64% |
If you're considering investing in Risma Stock, it is important to understand the factors that can impact its price. As of today, the current price of Risma Systems stands at 5.70, as last reported on the 27th of November, with the highest price reaching 5.80 and the lowest price hitting 5.20 during the day. Risma Systems AS maintains Sharpe Ratio (i.e., Efficiency) of -0.079, which implies the firm had a -0.079% return per unit of risk over the last 3 months. Risma Systems AS exposes twenty-four different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please check Risma Systems' Risk Adjusted Performance of (0.05), coefficient of variation of (1,266), and Variance of 29.74 to confirm the risk estimate we provide.
Risma Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
Risma |
Sharpe Ratio = -0.079
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Estimated Market Risk
5.45 actual daily | 48 52% of assets are more volatile |
Expected Return
-0.43 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
-0.08 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Risma Systems 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 Risma Systems by adding Risma Systems to a well-diversified portfolio.
Risma Systems Valuation on September 19, 2024
It is possible to determine the worth of Risma Systems on a given historical date. On September 19, 2024 Risma was worth 7.5 at the beginning of the trading date compared to the closed value of 7.7. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Risma Systems stock. Still, in general, we apply an absolute valuation method to find Risma Systems' 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 Risma Systems where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Risma Systems' related companies.
Open | High | Low | Close | Volume | |
8.00 | 8.00 | 7.20 | 8.00 | 2,355 | |
09/19/2024 | 7.50 | 8.05 | 6.50 | 7.70 | 34,905 |
6.65 | 7.35 | 6.65 | 7.15 | 8,759 |
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Risma Systems Trading Date Momentum on September 19, 2024
On September 20 2024 Risma Systems AS was traded for 7.15 at the closing time. The highest price during the trading period was 7.35 and the lowest recorded bid was listed for 6.65 . The volume for the day was 8.8 K. This history from September 20, 2024 contributed to the next trading day price decline. The trading delta at closing time to the next closing price was 7.14% . The trading delta at closing time to the current price is 12.34% . |
Risma Systems AS Fundamentals Correlations and Trends
By evaluating Risma Systems' financials over time, investors can gain insight into future company performance. However, you can also analyze the published financial statements to find patterns among Risma Systems' main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Risma financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Risma Systems Stock history
Risma Systems 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 Risma is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Risma Systems 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 Risma Systems stock prices may prove useful in developing a viable investing in Risma Systems
Risma Systems AS offers a software suite for governance, risk, and compliance activities for private and public sectors in Denmark. Risma Systems AS was founded in 2014 and is headquartered in Herlev, Denmark. RISMA Systems is traded on Copenhagen Stock Exchange in Denmark.
Risma Systems Stock Technical Analysis
Risma Systems 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
Risma Systems Period Price Range
Low | November 27, 2024
| High |
0.00 | 0.00 |
Risma Systems 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.
Risma Systems November 27, 2024 Market Strength
Market strength indicators help investors to evaluate how Risma Systems stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Risma Systems shares will generate the highest return on investment. By undertsting and applying Risma Systems stock market strength indicators, traders can identify Risma Systems AS entry and exit signals to maximize returns
Risma Systems Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Risma Systems' price direction in advance. Along with the technical and fundamental analysis of Risma Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Risma 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 | (0.05) | |||
Jensen Alpha | (0.50) | |||
Total Risk Alpha | (1.30) | |||
Treynor Ratio | (0.86) |
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Complementary Tools for Risma Stock analysis
When running Risma Systems' price analysis, check to measure Risma Systems' 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 Risma Systems is operating at the current time. Most of Risma Systems' value examination focuses on studying past and present price action to predict the probability of Risma Systems' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Risma Systems' price. Additionally, you may evaluate how the addition of Risma Systems to your portfolios can decrease your overall portfolio volatility.
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