ScalesLimited (Germany) Price on May 27, 2024
| S05 Stock | EUR 2.30 0.02 0.88% |
If you're considering investing in ScalesLimited Stock, it is important to understand the factors that can impact its price. As of today, the current price of ScalesLimited stands at 2.30, as last reported on the 1st of December, with the highest price reaching 2.30 and the lowest price hitting 2.30 during the day. ScalesLimited appears to be risky, given 3 months investment horizon. Scales Limited owns Efficiency Ratio (i.e., Sharpe Ratio) of 0.1, which indicates the firm had a 0.1% 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 review ScalesLimited's Coefficient Of Variation of 756.45, risk adjusted performance of 0.1082, and Semi Deviation of 2.5 to confirm if our risk estimates are consistent with your expectations.
ScalesLimited Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
ScalesLimited |
Sharpe Ratio = 0.102
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Estimated Market Risk
| 2.55 actual daily | 22 78% of assets are more volatile |
Expected Return
| 0.26 actual daily | 5 95% of assets have higher returns |
Risk-Adjusted Return
| 0.1 actual daily | 8 92% of assets perform better |
Based on monthly moving average ScalesLimited is performing at about 8% 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 ScalesLimited by adding it to a well-diversified portfolio.
ScalesLimited Valuation on May 27, 2024
It is possible to determine the worth of ScalesLimited on a given historical date. On May 27, 2024 ScalesLimited was worth 1.83 at the beginning of the trading date compared to the closed value of 1.83. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of ScalesLimited stock. Still, in general, we apply an absolute valuation method to find ScalesLimited'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 ScalesLimited where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against ScalesLimited's related companies.
| Open | High | Low | Close | Volume | |
| 1.78 | 1.78 | 1.78 | 1.78 | 1.00 | |
05/27/2024 | 1.83 | 1.83 | 1.83 | 1.83 | 1.00 |
| 1.86 | 1.86 | 1.86 | 1.86 | 1.00 |
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ScalesLimited Trading Date Momentum on May 27, 2024
| On May 28 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 1.86 . There was no trading activity during the period 1.0. Lack of trading volume on 05/28/2024 added to the next day price rise. The trading price change to closing price of the next trading day was 1.64% . The trading price change to current closing price is 2.19% . |
Scales Limited Fundamentals Correlations and Trends
By evaluating ScalesLimited'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 ScalesLimited's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. ScalesLimited financial account trend analysis is a perfect complement when working with valuation or volatility modules.About ScalesLimited Stock history
ScalesLimited 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 ScalesLimited 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 ScalesLimited stock prices may prove useful in developing a viable investing in ScalesLimited
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.
ScalesLimited Stock Technical Analysis
ScalesLimited 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
ScalesLimited Period Price Range
Low | December 1, 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.
ScalesLimited December 1, 2024 Market Strength
Market strength indicators help investors to evaluate how ScalesLimited stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading ScalesLimited shares will generate the highest return on investment. By undertsting and applying ScalesLimited stock market strength indicators, traders can identify Scales Limited entry and exit signals to maximize returns
ScalesLimited Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for ScalesLimited's price direction in advance. Along with the technical and fundamental analysis of ScalesLimited Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of ScalesLimited 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 | 0.1082 | |||
| Jensen Alpha | 0.3086 | |||
| Total Risk Alpha | (0.10) | |||
| Sortino Ratio | 0.0622 | |||
| Treynor Ratio | 1.44 |
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| Math Transform | ||
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| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
Complementary Tools for ScalesLimited Stock analysis
When running ScalesLimited's price analysis, check to measure ScalesLimited'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 ScalesLimited is operating at the current time. Most of ScalesLimited's value examination focuses on studying past and present price action to predict the probability of ScalesLimited's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move ScalesLimited's price. Additionally, you may evaluate how the addition of ScalesLimited to your portfolios can decrease your overall portfolio volatility.
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