Scales (Germany) Price on February 21, 2024
| S05 Stock | EUR 2.14 0.02 0.93% |
If you're considering investing in Scales Stock, it is important to understand the factors that can impact its price. As of today, the current price of Scales stands at 2.14, as last reported on the 11th of December 2024, with the highest price reaching 2.14 and the lowest price hitting 2.14 during the day. At this point, Scales is risky. Scales Limited owns Efficiency Ratio (i.e., Sharpe Ratio) of 0.049, which indicates the firm had a 0.049% return per unit of risk over the last 3 months. We have found twenty-seven technical indicators for Scales Limited, which you can use to evaluate the volatility of the company. Please validate Scales' Coefficient Of Variation of 1246.82, semi deviation of 2.22, and Risk Adjusted Performance of 0.0649 to confirm if the risk estimate we provide is consistent with the expected return of 0.12%.
Scales Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
Scales |
Sharpe Ratio = 0.049
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| Cash | Small Risk | S05 | High Risk | Huge Risk |
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Estimated Market Risk
| 2.39 actual daily | 21 79% of assets are more volatile |
Expected Return
| 0.12 actual daily | 2 98% of assets have higher returns |
Risk-Adjusted Return
| 0.05 actual daily | 3 97% of assets perform better |
Based on monthly moving average Scales is performing at about 3% of its full potential. 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 Scales by adding it to a well-diversified portfolio.
Scales Valuation on February 21, 2024
It is possible to determine the worth of Scales on a given historical date. On February 21, 2024 Scales was worth 1.7 at the beginning of the trading date compared to the closed value of 1.7. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Scales stock. Still, in general, we apply an absolute valuation method to find Scales' 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 Scales where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Scales' related companies.
| Open | High | Low | Close | Volume | |
| 1.70 | 1.70 | 1.70 | 1.70 | 1.00 | |
02/21/2024 | 1.70 | 1.70 | 1.70 | 1.70 | 1.00 |
| 1.76 | 1.86 | 1.76 | 1.86 | 1,373 |
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Scales Trading Date Momentum on February 21, 2024
| On February 22 2024 Scales Limited was traded for 1.86 at the closing time. The highest daily price throughout the period was 1.86 and the lowest price was 1.76 . The daily volume was 1.4 K. The net trading volume on 02/22/2024 added to the next day price rise. The trading price change to closing price of the next trading day was 9.41% . The trading price change to current closing price is 4.71% . |
Scales Limited Fundamentals Correlations and Trends
By evaluating Scales' financials over time, investors can gain insight into future company performance. However, you can also analyze the published financial statements to find patterns among Scales' main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Scales financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Scales Stock history
Scales 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 Scales is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Scales Limited 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 Scales stock prices may prove useful in developing a viable investing in Scales
Scales Corporation Limited engages in the agribusiness activities in New Zealand. Scales Corporation Limited was founded in 1897 and is based in Christchurch, New Zealand. Scales is traded on Frankfurt Stock Exchange in Germany.
Scales Stock Technical Analysis
Scales 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
Scales Period Price Range
Low | December 11, 2024
| High |
0.00 | 0.00 |
Scales Limited 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.
Scales December 11, 2024 Market Strength
Market strength indicators help investors to evaluate how Scales stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Scales shares will generate the highest return on investment. By undertsting and applying Scales stock market strength indicators, traders can identify Scales Limited entry and exit signals to maximize returns
Scales Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Scales' price direction in advance. Along with the technical and fundamental analysis of Scales Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Scales 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 | 0.0649 | |||
| Jensen Alpha | 0.2029 | |||
| Total Risk Alpha | (0.20) | |||
| Sortino Ratio | 0.0232 | |||
| Treynor Ratio | (1.07) |
| Cycle Indicators | ||
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| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
Complementary Tools for Scales Stock analysis
When running Scales' price analysis, check to measure Scales' 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 Scales is operating at the current time. Most of Scales' value examination focuses on studying past and present price action to predict the probability of Scales' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Scales' price. Additionally, you may evaluate how the addition of Scales to your portfolios can decrease your overall portfolio volatility.
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