Snam SpA (Germany) Price on September 27, 2024

SNM Stock  EUR 4.39  0.02  0.46%   
If you're considering investing in Snam Stock, it is important to understand the factors that can impact its price. As of today, the current price of Snam SpA stands at 4.39, as last reported on the 30th of November, with the highest price reaching 4.39 and the lowest price hitting 4.38 during the day. Snam SpA owns Efficiency Ratio (i.e., Sharpe Ratio) of -0.0191, which indicates the firm had a -0.0191% return per unit of risk over the last 3 months. Snam SpA exposes thirty different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please validate Snam SpA's Coefficient Of Variation of 151576.91, risk adjusted performance of 0.0021, and Semi Deviation of 0.8885 to confirm the risk estimate we provide.
  
Snam Stock price history is provided at the adjusted basis, taking into account all of the recent filings.

Sharpe Ratio = -0.0191

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Estimated Market Risk

 0.89
  actual daily
7
93% of assets are more volatile

Expected Return

 -0.02
  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 Snam SpA 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 Snam SpA by adding Snam SpA to a well-diversified portfolio.

Snam SpA Valuation on September 27, 2024

It is possible to determine the worth of Snam SpA on a given historical date. On September 27, 2024 Snam was worth 4.57 at the beginning of the trading date compared to the closed value of 4.58. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Snam SpA stock. Still, in general, we apply an absolute valuation method to find Snam SpA'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 Snam SpA where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Snam SpA's related companies.
 Open High Low Close Volume
  4.63    4.63    4.55    4.56    1,500  
09/27/2024
  4.57    4.58    4.57    4.58    1,500  
  4.50    4.56    4.50    4.56    1,500  
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Open Value
4.57
4.58
Closing Value
7.24
Upside

Snam SpA Trading Date Momentum on September 27, 2024

On September 30 2024 Snam SpA was traded for  4.56  at the closing time. The highest daily price throughout the period was 4.56  and the lowest price was  4.50 . The daily volume was 1.5 K. The net trading volume on 09/30/2024 added to the next day price reduction. The trading price change to closing price of the next trading day was 0.44% . The trading price change to current closing price is 3.28% .

Snam SpA Fundamentals Correlations and Trends

By evaluating Snam SpA'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 Snam SpA's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Snam financial account trend analysis is a perfect complement when working with valuation or volatility modules.

About Snam SpA Stock history

Snam SpA 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 Snam is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Snam SpA 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 Snam SpA stock prices may prove useful in developing a viable investing in Snam SpA
Snam S.p.A., together with its subsidiaries, engages in the implementation and integrated management of natural gas infrastructure in Europe. Snam S.p.A. was founded in 1941 and is headquartered in San Donato Milanese, Italy. SNAM S operates under Utilities - Regulated Gas classification in Germany and is traded on Frankfurt Stock Exchange. It employs 3014 people.

Snam SpA Stock Technical Analysis

Snam SpA 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 Snam SpA technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of Snam SpA 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

Snam SpA Period Price Range

Low
November 30, 2024
0.00  NaN%
High

 0.00 

     

 0.00 

Snam SpA cannot be verified against its exchange. Please verify the symbol is currently traded on Frankfurt 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.

Snam SpA November 30, 2024 Market Strength

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

Snam SpA Technical and Predictive Indicators

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

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