Oeneo SA (France) Price on December 6, 2023
SBT Stock | EUR 9.54 0.02 0.21% |
If you're considering investing in Oeneo Stock, it is important to understand the factors that can impact its price. As of today, the current price of Oeneo SA stands at 9.54, as last reported on the 30th of November, with the highest price reaching 9.54 and the lowest price hitting 9.50 during the day. Oeneo SA maintains Sharpe Ratio (i.e., Efficiency) of -0.0779, which implies the firm had a -0.0779% return per unit of risk over the last 3 months. Oeneo SA exposes twenty-four different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please check Oeneo SA's Variance of 0.626, risk adjusted performance of (0.04), and Coefficient Of Variation of (1,744) to confirm the risk estimate we provide.
Oeneo Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
Oeneo |
Sharpe Ratio = -0.0779
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Estimated Market Risk
0.78 actual daily | 6 94% of assets are more volatile |
Expected Return
-0.06 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 Oeneo SA 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 Oeneo SA by adding Oeneo SA to a well-diversified portfolio.
Oeneo SA Valuation on December 6, 2023
It is possible to determine the worth of Oeneo SA on a given historical date. On December 6, 2023 Oeneo was worth 12.61 at the beginning of the trading date compared to the closed value of 12.61. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Oeneo SA stock. Still, in general, we apply an absolute valuation method to find Oeneo SA'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 Oeneo SA where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Oeneo SA's related companies.
Open | High | Low | Close | Volume | |
12.56 | 12.65 | 12.51 | 12.61 | 3,843 | |
12/06/2023 | 12.61 | 12.75 | 12.61 | 12.61 | 5,620 |
12.61 | 12.70 | 12.46 | 12.46 | 53,992 |
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Oeneo SA Trading Date Momentum on December 6, 2023
On December 07 2023 Oeneo SA was traded for 12.46 at the closing time. The maximum traded price for the trading interval was 12.70 and the lowest daily price was 12.46 . The daily volume was recorded at 54 K. The volume of trading on 7th of December 2023 played a part in the next trading day price drop. The trading price change to the next closing price was 1.19% . The trading delta at closing time to the closing price today is 3.89% . |
Oeneo SA Fundamentals Correlations and Trends
By evaluating Oeneo SA'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 Oeneo SA's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Oeneo financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Oeneo SA Stock history
Oeneo SA 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 Oeneo is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Oeneo SA 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 Oeneo SA stock prices may prove useful in developing a viable investing in Oeneo SA
The Closures division manufactures and sells cork closures, including value-added technological closures under the Diam and Pietec names. The company also offers solutions in the production, maturing, preservation, and enhancement of wines or spirits. OENEO operates under Packaging classification in France and is traded on Paris Stock Exchange. It employs 1071 people.
Oeneo SA Stock Technical Analysis
Oeneo SA 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
Oeneo SA Period Price Range
Low | November 30, 2024
| High |
0.00 | 0.00 |
Oeneo SA cannot be verified against its exchange. Please verify the symbol is currently traded on Euronext Paris. 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.
Oeneo SA November 30, 2024 Market Strength
Market strength indicators help investors to evaluate how Oeneo SA stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Oeneo SA shares will generate the highest return on investment. By undertsting and applying Oeneo SA stock market strength indicators, traders can identify Oeneo SA entry and exit signals to maximize returns
Oeneo SA Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Oeneo SA's price direction in advance. Along with the technical and fundamental analysis of Oeneo Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Oeneo 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 | (0.04) | |||
Jensen Alpha | (0.05) | |||
Total Risk Alpha | (0.19) | |||
Treynor Ratio | 2.74 |
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Complementary Tools for Oeneo Stock analysis
When running Oeneo SA's price analysis, check to measure Oeneo SA'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 Oeneo SA is operating at the current time. Most of Oeneo SA's value examination focuses on studying past and present price action to predict the probability of Oeneo SA's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Oeneo SA's price. Additionally, you may evaluate how the addition of Oeneo SA to your portfolios can decrease your overall portfolio volatility.
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