ROCKWOOL International (Denmark) Price on October 31, 2024

ROCK-B Stock  DKK 2,574  114.00  4.24%   
If you're considering investing in ROCKWOOL Stock, it is important to understand the factors that can impact its price. As of today, the current price of ROCKWOOL International stands at 2,574, as last reported on the 30th of November, with the highest price reaching 2,670 and the lowest price hitting 2,554 during the day. ROCKWOOL International retains Efficiency (Sharpe Ratio) of -0.0811, which implies the firm had a -0.0811% return per unit of risk over the last 3 months. ROCKWOOL International exposes twenty-four different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please check ROCKWOOL International's market risk adjusted performance of (1.73), and Coefficient Of Variation of (1,266) to confirm the risk estimate we provide.
  
ROCKWOOL Stock price history is provided at the adjusted basis, taking into account all of the recent filings.

Sharpe Ratio = -0.0811

Best PortfolioBest Equity
Good Returns
Average Returns
Small Returns
CashSmall RiskAverage RiskHigh RiskHuge Risk
Negative ReturnsROCK-B

Estimated Market Risk

 2.16
  actual daily
19
81% of assets are more volatile

Expected Return

 -0.18
  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 ROCKWOOL International 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 ROCKWOOL International by adding ROCKWOOL International to a well-diversified portfolio.

ROCKWOOL International Valuation on October 31, 2024

It is possible to determine the worth of ROCKWOOL International on a given historical date. On October 31, 2024 ROCKWOOL was worth 2986.0 at the beginning of the trading date compared to the closed value of 2954.0. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of ROCKWOOL International stock. Still, in general, we apply an absolute valuation method to find ROCKWOOL International'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 ROCKWOOL International where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against ROCKWOOL International's related companies.
 Open High Low Close Volume
  2,988    3,008    2,942    2,996    20,204  
10/31/2024
  2,986    3,020    2,950    2,954    22,235  
  2,966    3,000    2,966    2,984    15,380  
Backtest ROCKWOOL International  |  ROCKWOOL International History  |  ROCKWOOL International Valuation   PreviousNext  
Open Value
2986.0
2954.0
Closing Value
2,992
Upside

ROCKWOOL International Trading Date Momentum on October 31, 2024

On November 01 2024 ROCKWOOL International AS was traded for  2,984  at the closing time. The highest price during the trading period was 3,000  and the lowest recorded bid was listed for  2,966 . The volume for the day was 15.4 K. This history from November 1, 2024 contributed to the next trading day price jump. The trading delta at closing time to the next closing price was 1.02% . The trading delta at closing time to the current price is 3.86% .

ROCKWOOL International Fundamentals Correlations and Trends

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

About ROCKWOOL International Stock history

ROCKWOOL International 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 ROCKWOOL is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in ROCKWOOL International 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 ROCKWOOL International stock prices may prove useful in developing a viable investing in ROCKWOOL International
ROCKWOOL International AS, together with its subsidiaries, manufactures and sells stone wool insulations in Western Europe, Eastern Europe, Russia, North America, Asia, and internationally. ROCKWOOL International AS was founded in 1909 and is based in Hedehusene, Denmark. Rockwool International operates under Building Materials classification in Denmark and is traded on Copenhagen Stock Exchange. It employs 11599 people.

ROCKWOOL International Stock Technical Analysis

ROCKWOOL International 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 ROCKWOOL International technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of ROCKWOOL International 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

ROCKWOOL International Period Price Range

Low
November 30, 2024
0.00  NaN%
High

 0.00 

     

 0.00 

ROCKWOOL International 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.

ROCKWOOL International November 30, 2024 Market Strength

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

ROCKWOOL International Technical and Predictive Indicators

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

When running ROCKWOOL International's price analysis, check to measure ROCKWOOL International'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 ROCKWOOL International is operating at the current time. Most of ROCKWOOL International's value examination focuses on studying past and present price action to predict the probability of ROCKWOOL International's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move ROCKWOOL International's price. Additionally, you may evaluate how the addition of ROCKWOOL International to your portfolios can decrease your overall portfolio volatility.
Idea Optimizer
Use advanced portfolio builder with pre-computed micro ideas to build optimal portfolio
USA ETFs
Find actively traded Exchange Traded Funds (ETF) in USA
Investing Opportunities
Build portfolios using our predefined set of ideas and optimize them against your investing preferences
Latest Portfolios
Quick portfolio dashboard that showcases your latest portfolios
Companies Directory
Evaluate performance of over 100,000 Stocks, Funds, and ETFs against different fundamentals
Portfolio Holdings
Check your current holdings and cash postion to detemine if your portfolio needs rebalancing
Price Ceiling Movement
Calculate and plot Price Ceiling Movement for different equity instruments
Pattern Recognition
Use different Pattern Recognition models to time the market across multiple global exchanges