Shape Robotics (Denmark) Price on November 11, 2024

SHAPE Stock  DKK 20.00  2.00  9.09%   
If you're considering investing in Shape Stock, it is important to understand the factors that can impact its price. As of today, the current price of Shape Robotics stands at 20.00, as last reported on the 27th of November, with the highest price reaching 21.90 and the lowest price hitting 19.80 during the day. Shape Robotics AS owns Efficiency Ratio (i.e., Sharpe Ratio) of -0.0234, which indicates the firm had a -0.0234% return per unit of risk over the last 3 months. Shape Robotics AS exposes twenty-two different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please validate Shape Robotics' Variance of 28.43, coefficient of variation of (5,263), and Risk Adjusted Performance of (0.01) to confirm the risk estimate we provide.
  
Shape Stock price history is provided at the adjusted basis, taking into account all of the recent filings.

Sharpe Ratio = -0.0234

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Estimated Market Risk

 5.5
  actual daily
48
52% of assets are more volatile

Expected Return

 -0.13
  actual daily
0
Most of other assets have higher returns

Risk-Adjusted Return

 -0.02
  actual daily
0
Most of other assets perform better
Based on monthly moving average Shape Robotics 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 Shape Robotics by adding Shape Robotics to a well-diversified portfolio.

Shape Robotics Valuation on November 11, 2024

It is possible to determine the worth of Shape Robotics on a given historical date. On November 11, 2024 Shape was worth 21.9 at the beginning of the trading date compared to the closed value of 25.0. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Shape Robotics stock. Still, in general, we apply an absolute valuation method to find Shape Robotics' 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 Shape Robotics where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Shape Robotics' related companies.
 Open High Low Close Volume
  17.05    21.50    17.05    21.00    92,818  
11/11/2024
  21.90    26.20    21.00    25.00    129,828  
  25.20    25.90    20.80    20.90    93,308  
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Open Value
21.9
25.0
Closing Value
38.39
Upside

Shape Robotics Trading Date Momentum on November 11, 2024

On November 12 2024 Shape Robotics AS was traded for  20.90  at the closing time. The highest price during the trading period was 25.90  and the lowest recorded bid was listed for  20.80 . The volume for the day was 93.3 K. This history from November 12, 2024 contributed to the next trading day price decline. The trading price change to the next closing price was 16.40% . The trading price change to the current price is 4.00% .

Shape Robotics AS Fundamentals Correlations and Trends

By evaluating Shape Robotics' financials over time, investors can gain insight into future company performance. However, you can also analyze the published financial statements to find patterns among Shape Robotics' main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Shape financial account trend analysis is a perfect complement when working with valuation or volatility modules.

About Shape Robotics Stock history

Shape Robotics 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 Shape is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Shape Robotics AS 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 Shape Robotics stock prices may prove useful in developing a viable investing in Shape Robotics
Shape Robotics AS, an educational technology company, develops robot systems for education purpose worldwide. Shape Robotics AS was founded in 2011 and is based in Farum, Denmark. Shape Robotics is traded on Copenhagen Stock Exchange in Denmark.

Shape Robotics Stock Technical Analysis

Shape Robotics 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.
A focus of Shape Robotics technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of Shape Robotics trading pattern rather than external drivers such as economic, fundamental, or social events. It is believed that price action tends to repeat itself due to investors' collective, patterned behavior. Hence technical analysis focuses on identifiable price trends and conditions. More Info...

Price Boundaries

Shape Robotics Period Price Range

Low
November 27, 2024
0.00  NaN%
High

 0.00 

     

 0.00 

Shape Robotics AS cannot be verified against its exchange. Please verify the symbol is currently traded on Copenhagen 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.

Shape Robotics November 27, 2024 Market Strength

Market strength indicators help investors to evaluate how Shape Robotics stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Shape Robotics shares will generate the highest return on investment. By undertsting and applying Shape Robotics stock market strength indicators, traders can identify Shape Robotics AS entry and exit signals to maximize returns

Shape Robotics Technical and Predictive Indicators

Predictive indicators are helping investors to find signals for Shape Robotics' price direction in advance. Along with the technical and fundamental analysis of Shape Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Shape 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.

Complementary Tools for Shape Stock analysis

When running Shape Robotics' price analysis, check to measure Shape Robotics' 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 Shape Robotics is operating at the current time. Most of Shape Robotics' value examination focuses on studying past and present price action to predict the probability of Shape Robotics' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Shape Robotics' price. Additionally, you may evaluate how the addition of Shape Robotics to your portfolios can decrease your overall portfolio volatility.
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