Smurfit Kappa Group Price on August 2, 2023
If you're considering investing in Smurfit Pink Sheet, it is important to understand the factors that can impact its price. We have found twenty-one technical indicators for Smurfit Kappa Group, which you can use to evaluate the volatility of the company. Please validate Smurfit Kappa's Coefficient Of Variation of 3898.79, risk adjusted performance of 0.0251, and Semi Deviation of 1.4 to confirm if the risk estimate we provide is consistent with the expected return of 0.0%.
Smurfit Pink Sheet price history is provided at the adjusted basis, taking into account all of the recent filings.
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Sharpe Ratio = 0.0
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Based on monthly moving average Smurfit Kappa 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 Smurfit Kappa by adding Smurfit Kappa to a well-diversified portfolio.
Smurfit Kappa Valuation on August 2, 2023
It is possible to determine the worth of Smurfit Kappa on a given historical date. On August 2, 2023 Smurfit was worth 38.04 at the beginning of the trading date compared to the closed value of 38.22. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Smurfit Kappa pink sheet. Still, in general, we apply an absolute valuation method to find Smurfit Kappa'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 Smurfit Kappa where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Smurfit Kappa's related companies.
Open | High | Low | Close | Volume | |
37.82 | 38.05 | 37.51 | 38.05 | 5,060 | |
08/02/2023 | 38.04 | 38.45 | 37.86 | 38.22 | 9,713 |
38.17 | 38.77 | 38.03 | 38.54 | 25,482 |
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Smurfit Kappa Trading Date Momentum on August 2, 2023
On August 03 2023 Smurfit Kappa Group was traded for 38.54 at the closing time. The highest daily price throughout the period was 38.77 and the lowest price was 38.03 . The daily volume was 25.5 K. The net trading volume on 08/03/2023 added to the next day price jump. The trading price change to closing price of the next trading day was 0.84% . The trading price change to current closing price is 0.03% . |
Smurfit Kappa Group Fundamentals Correlations and Trends
By evaluating Smurfit Kappa'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 Smurfit Kappa's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Smurfit financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Smurfit Kappa Pink Sheet history
Smurfit Kappa 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 Smurfit is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Smurfit Kappa Group 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 Smurfit Kappa stock prices may prove useful in developing a viable investing in Smurfit Kappa
Smurfit Kappa Group plc, together with its subsidiaries, manufactures, distributes, and sells paper-based packaging products. Smurfit Kappa Group plc was founded in 1934 and is headquartered in Dublin, Ireland. Smurfit Kappa operates under Packaging Containers classification in the United States and is traded on OTC Exchange. It employs 48000 people.
Smurfit Kappa Pink Sheet Technical Analysis
Smurfit Kappa technical pink sheet 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, pink sheet market cycles, or different charting patterns.
Price Boundaries
Smurfit Kappa Period Price Range
Low | November 30, 2024
| High |
0.00 | 0.00 |
Smurfit Kappa Group cannot be verified against its exchange. Please verify the symbol is currently traded on PINK 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.
Smurfit Kappa November 30, 2024 Market Strength
Market strength indicators help investors to evaluate how Smurfit Kappa pink sheet reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Smurfit Kappa shares will generate the highest return on investment. By undertsting and applying Smurfit Kappa pink sheet market strength indicators, traders can identify Smurfit Kappa Group entry and exit signals to maximize returns
Smurfit Kappa Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Smurfit Kappa's price direction in advance. Along with the technical and fundamental analysis of Smurfit Pink Sheet historical price patterns, it is also worthwhile for investors to track various predictive indicators of Smurfit 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 | 0.0251 | |||
Jensen Alpha | 0.1007 | |||
Total Risk Alpha | (0.25) | |||
Sortino Ratio | (0.06) | |||
Treynor Ratio | (0.06) |
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Check out World Market Map to better understand how to build diversified portfolios. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in industry. You can also try the Portfolio File Import module to quickly import all of your third-party portfolios from your local drive in csv format.
Other Consideration for investing in Smurfit Pink Sheet
If you are still planning to invest in Smurfit Kappa Group check if it may still be traded through OTC markets such as Pink Sheets or OTC Bulletin Board. You may also purchase it directly from the company, but this is not always possible and may require contacting the company directly. Please note that delisted stocks are often considered to be more risky investments, as they are no longer subject to the same regulatory and reporting requirements as listed stocks. Therefore, it is essential to carefully research the Smurfit Kappa's history and understand the potential risks before investing.
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