SIMCERE PHARMAC (Germany) Price on December 2, 2024
| S2P Stock | EUR 0.84 0.01 1.20% |
If you're considering investing in SIMCERE Stock, it is important to understand the factors that can impact its price. As of today, the current price of SIMCERE PHARMAC stands at 0.84, as last reported on the 2nd of December, with the highest price reaching 0.84 and the lowest price hitting 0.84 during the day. SIMCERE PHARMAC appears to be extremely dangerous, given 3 months investment horizon. SIMCERE PHARMAC GRP owns Efficiency Ratio (i.e., Sharpe Ratio) of 0.13, which indicates the firm had a 0.13% return per unit of standard deviation over the last 3 months. We have found twenty-seven technical indicators for SIMCERE PHARMAC GRP, which you can use to evaluate the volatility of the company. Please review SIMCERE PHARMAC's coefficient of variation of 746.75, and Risk Adjusted Performance of 0.1097 to confirm if our risk estimates are consistent with your expectations.
SIMCERE Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
SIMCERE |
Sharpe Ratio = 0.1349
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Estimated Market Risk
| 2.88 actual daily | 25 75% of assets are more volatile |
Expected Return
| 0.39 actual daily | 7 93% of assets have higher returns |
Risk-Adjusted Return
| 0.13 actual daily | 10 90% of assets perform better |
Based on monthly moving average SIMCERE PHARMAC is performing at about 10% 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 SIMCERE PHARMAC by adding it to a well-diversified portfolio.
SIMCERE PHARMAC Valuation on December 2, 2024
It is possible to determine the worth of SIMCERE PHARMAC on a given historical date. On December 2, 2024 SIMCERE was worth 0.84 at the beginning of the trading date compared to the closed value of 0.84. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of SIMCERE PHARMAC stock. Still, in general, we apply an absolute valuation method to find SIMCERE PHARMAC'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 SIMCERE PHARMAC where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against SIMCERE PHARMAC's related companies.
| Open | High | Low | Close | Volume | |
| 0.84 | 0.84 | 0.84 | 0.84 | 1.00 | |
12/02/2024 | 0.84 | 0.84 | 0.84 | 0.84 | 0.00 |
| Backtest SIMCERE PHARMAC | | | SIMCERE PHARMAC History | | | SIMCERE PHARMAC Valuation | Previous |
SIMCERE PHARMAC Trading Date Momentum on December 2, 2024
| On December 02 2024 SIMCERE PHARMAC GRP was traded for 0.84 at the closing time. The highest daily price throughout the period was 0.84 and the lowest price was 0.84 . There was no trading activity during the period 0.0. Lack of trading volume on 12/02/2024 did not result in any price rise and fall. The trading price change to current closing price is 0.00% . |
SIMCERE PHARMAC GRP Fundamentals Correlations and Trends
By evaluating SIMCERE PHARMAC'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 SIMCERE PHARMAC's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. SIMCERE financial account trend analysis is a perfect complement when working with valuation or volatility modules.About SIMCERE PHARMAC Stock history
SIMCERE PHARMAC 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 SIMCERE is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in SIMCERE PHARMAC GRP 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 SIMCERE PHARMAC stock prices may prove useful in developing a viable investing in SIMCERE PHARMAC
SIMCERE PHARMAC Stock Technical Analysis
SIMCERE PHARMAC 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
SIMCERE PHARMAC Period Price Range
Low | December 2, 2024
| High |
0.00 | 0.00 |
SIMCERE PHARMAC GRP 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.
SIMCERE PHARMAC December 2, 2024 Market Strength
Market strength indicators help investors to evaluate how SIMCERE PHARMAC stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading SIMCERE PHARMAC shares will generate the highest return on investment. By undertsting and applying SIMCERE PHARMAC stock market strength indicators, traders can identify SIMCERE PHARMAC GRP entry and exit signals to maximize returns
SIMCERE PHARMAC Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for SIMCERE PHARMAC's price direction in advance. Along with the technical and fundamental analysis of SIMCERE Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of SIMCERE 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 | 0.1097 | |||
| Jensen Alpha | 0.3756 | |||
| Total Risk Alpha | (0.10) | |||
| Sortino Ratio | 0.069 | |||
| Treynor Ratio | (20.62) |
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| Math Transform | ||
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| Price Transform | ||
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| Volatility Indicators | ||
| Volume Indicators |
Complementary Tools for SIMCERE Stock analysis
When running SIMCERE PHARMAC's price analysis, check to measure SIMCERE PHARMAC'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 SIMCERE PHARMAC is operating at the current time. Most of SIMCERE PHARMAC's value examination focuses on studying past and present price action to predict the probability of SIMCERE PHARMAC's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move SIMCERE PHARMAC's price. Additionally, you may evaluate how the addition of SIMCERE PHARMAC to your portfolios can decrease your overall portfolio volatility.
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