Schmid Group Nv Stock Price on May 24, 2024
| SHMDW Stock | 0.26 0.01 4.00% |
If you're considering investing in SCHMID Stock, it is important to understand the factors that can impact its price. As of today, the current price of SCHMID Group stands at 0.26, as last reported on the 25th of November, with the highest price reaching 0.26 and the lowest price hitting 0.23 during the day. SCHMID Group appears to be out of control, given 3 months investment horizon. SCHMID Group NV owns Efficiency Ratio (i.e., Sharpe Ratio) of 0.0484, which indicates the company had a 0.0484% return per unit of volatility over the last 3 months. By analyzing SCHMID Group's technical indicators, you can evaluate if the expected return of 0.61% is justified by implied risk. Please review SCHMID Group's Standard Deviation of 12.65, risk adjusted performance of 0.004, and Market Risk Adjusted Performance of (0.06) to confirm if our risk estimates are consistent with your expectations.
At this time, SCHMID Group's Liabilities And Stockholders Equity is fairly stable compared to the past year. Other Stockholder Equity is likely to climb to 2,100 in 2024, whereas Total Stockholder Equity is likely to drop (26.5 M) in 2024. . SCHMID Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
SCHMID |
Sharpe Ratio = 0.0484
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Estimated Market Risk
| 12.59 actual daily | 96 96% of assets are less volatile |
Expected Return
| 0.61 actual daily | 12 88% of assets have higher returns |
Risk-Adjusted Return
| 0.05 actual daily | 3 97% of assets perform better |
Based on monthly moving average SCHMID Group is performing at about 3% 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 SCHMID Group by adding it to a well-diversified portfolio.
Related Headline
Parker Hannifin Headline on 24th of May 2024
Disposition of 1670 shares by Scott Patrick of Parker Hannif... by Scott Patrick
Filed transaction by Parker Hannifin Officer Vp President-fluid Conn.. Disposition to the issuer of issuer equity securities pursuant to Rule 16b-3
SCHMID Group Valuation on May 24, 2024
It is possible to determine the worth of SCHMID Group on a given historical date. On May 24, 2024 SCHMID was worth 0.33 at the beginning of the trading date compared to the closed value of 0.38. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of SCHMID Group stock. Still, in general, we apply an absolute valuation method to find SCHMID Group'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 SCHMID Group where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against SCHMID Group's related companies.
| Open | High | Low | Close | Volume | |
| 0.24 | 0.35 | 0.22 | 0.34 | 319,453 | |
05/24/2024 | 0.33 | 0.40 | 0.33 | 0.38 | 183,388 |
| 0.38 | 0.52 | 0.38 | 0.39 | 139,353 |
| Backtest SCHMID Group | | | SCHMID Group History | | | SCHMID Group Valuation | Previous | Next |
SCHMID Group Trading Date Momentum on May 24, 2024
| On May 28 2024 SCHMID Group NV was traded for 0.39 at the closing time. The highest daily price throughout the period was 0.52 and the lowest price was 0.38 . The daily volume was 139.4 K. The net trading volume on 05/28/2024 added to the next day price increase. The trading price change to closing price of the next trading day was 2.63% . The trading price change to current closing price is 5.26% . |
SCHMID Group NV Fundamentals Correlations and Trends
By evaluating SCHMID Group'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 SCHMID Group's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. SCHMID financial account trend analysis is a perfect complement when working with valuation or volatility modules.About SCHMID Group Stock history
SCHMID Group 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 SCHMID is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in SCHMID Group NV 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 SCHMID Group stock prices may prove useful in developing a viable investing in SCHMID Group
| Last Reported | Projected for Next Year | ||
| Common Stock Shares Outstanding | 30.1 M | 26.7 M |
SCHMID Group Stock Technical Analysis
SCHMID Group 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
SCHMID Group Period Price Range
Low | November 25, 2024
| High |
0.00 | 0.00 |
SCHMID Group NV cannot be verified against its exchange. Please verify the symbol is currently traded on NASDAQ 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.
SCHMID Group November 25, 2024 Market Strength
Market strength indicators help investors to evaluate how SCHMID Group stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading SCHMID Group shares will generate the highest return on investment. By undertsting and applying SCHMID Group stock market strength indicators, traders can identify SCHMID Group NV entry and exit signals to maximize returns
SCHMID Group Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for SCHMID Group's price direction in advance. Along with the technical and fundamental analysis of SCHMID Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of SCHMID 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 | 0.004 | |||
| Jensen Alpha | (0.28) | |||
| Total Risk Alpha | (2.09) | |||
| Treynor Ratio | (0.07) |
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Additional Tools for SCHMID Stock Analysis
When running SCHMID Group's price analysis, check to measure SCHMID Group'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 SCHMID Group is operating at the current time. Most of SCHMID Group's value examination focuses on studying past and present price action to predict the probability of SCHMID Group's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move SCHMID Group's price. Additionally, you may evaluate how the addition of SCHMID Group to your portfolios can decrease your overall portfolio volatility.