SALAFIN (Morocco) Price on September 19, 2024
| SALAFIN Stock | 558.00 1.00 0.18% |
If you're considering investing in SALAFIN Stock, it is important to understand the factors that can impact its price. As of today, the current price of SALAFIN stands at 558.00, as last reported on the 2nd of December, with the highest price reaching 558.00 and the lowest price hitting 558.00 during the day. As of now, SALAFIN Stock is very steady. SALAFIN owns Efficiency Ratio (i.e., Sharpe Ratio) of 0.0061, which indicates the company had a 0.0061% return per unit of volatility over the last 3 months. We have found twenty-one technical indicators for SALAFIN, which you can use to evaluate the volatility of the entity. Please validate SALAFIN's Risk Adjusted Performance of 0.0049, standard deviation of 2.15, and Market Risk Adjusted Performance of (0.03) to confirm if the risk estimate we provide is consistent with the expected return of 0.0118%.
SALAFIN Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
SALAFIN |
Sharpe Ratio = 0.0061
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| Negative Returns | SALAFIN |
Estimated Market Risk
| 1.93 actual daily | 17 83% of assets are more volatile |
Expected Return
| 0.01 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| 0.01 actual daily | 0 Most of other assets perform better |
Based on monthly moving average SALAFIN 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 SALAFIN by adding SALAFIN to a well-diversified portfolio.
SALAFIN Valuation on September 19, 2024
It is possible to determine the worth of SALAFIN on a given historical date. On September 19, 2024 SALAFIN was worth 569.0 at the beginning of the trading date compared to the closed value of 567.0. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of SALAFIN stock. Still, in general, we apply an absolute valuation method to find SALAFIN'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 SALAFIN where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against SALAFIN's related companies.
| Open | High | Low | Close | Volume | |
| 564.00 | 569.00 | 564.00 | 569.00 | 2.00 | |
09/19/2024 | 569.00 | 569.00 | 567.00 | 567.00 | 2.00 |
| 567.00 | 567.00 | 545.00 | 545.00 | 1,334 |
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SALAFIN Trading Date Momentum on September 19, 2024
| On September 20 2024 SALAFIN was traded for 545.00 at the closing time. The highest price during the trading period was 567.00 and the lowest recorded bid was listed for 545.00 . The volume for the day was 1.3 K. This history from September 20, 2024 contributed to the next trading day price decline. The trading price change to the next closing price was 3.88% . The trading price change to the current price is 1.46% . |
Price Boundaries
SALAFIN Period Price Range
Low | December 2, 2024
| High |
0.00 | 0.00 |
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SALAFIN December 2, 2024 Market Strength
Market strength indicators help investors to evaluate how SALAFIN stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading SALAFIN shares will generate the highest return on investment. By undertsting and applying SALAFIN stock market strength indicators, traders can identify SALAFIN entry and exit signals to maximize returns
SALAFIN Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for SALAFIN's price direction in advance. Along with the technical and fundamental analysis of SALAFIN Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of SALAFIN 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.