Snam Spa Stock Price on November 26, 2024
SNMRF Stock | USD 4.79 0.00 0.00% |
If you're considering investing in Snam Pink Sheet, it is important to understand the factors that can impact its price. As of today, the current price of Snam SpA stands at 4.79, as last reported on the 30th of November, with the highest price reaching 4.79 and the lowest price hitting 4.79 during the day. Snam SpA owns Efficiency Ratio (i.e., Sharpe Ratio) of -0.0057, which indicates the firm had a -0.0057% return per unit of risk over the last 3 months. Snam SpA exposes nineteen different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please validate Snam SpA's Risk Adjusted Performance of 0.0106, variance of 4.32, and Coefficient Of Variation of 17756.3 to confirm the risk estimate we provide.
Snam Pink Sheet price history is provided at the adjusted basis, taking into account all of the recent filings.
Snam |
Sharpe Ratio = -0.0057
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Estimated Market Risk
2.07 actual daily | 18 82% of assets are more volatile |
Expected Return
-0.01 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
-0.01 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.
Related Headline
Marine Products Headline on 26th of November 2024
Recreational Boats Market to Grow by USD 6.28 Billion Rising... by finance.yahoo.com
Report with market evolution powered by AI - The global recreational boats market size is estimated to grow by USD 6.28 billion from 2024-2028, according to Technavio. The market is estimated to grow at a CAGR of 5.97 percent during the forecast period. Increasing customer engagement in recreational boating activities is driving market growth, with a trend towards growing population of high-net-worth individuals. However, high total cost of ownership for recreational boats poses a challenge.Key market
Snam SpA Valuation on November 26, 2024
It is possible to determine the worth of Snam SpA on a given historical date. On November 26, 2024 Snam was worth 4.79 at the beginning of the trading date compared to the closed value of 4.79. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Snam SpA pink sheet. 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 | |
4.79 | 4.79 | 4.79 | 4.79 | 1.00 | |
11/26/2024 | 4.79 | 4.79 | 4.79 | 4.79 | 1.00 |
4.79 | 4.79 | 4.79 | 4.79 | 1.00 |
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Snam SpA Trading Date Momentum on November 26, 2024
On November 27 2024 Snam SpA was traded for 4.79 at the closing time. The highest daily price throughout the period was 4.79 and the lowest price was 4.79 . There was no trading activity during the period 1.0. Lack of trading volume on 11/27/2024 did not result in any price rise and fall. The trading price change to current closing price is 0.00% . |
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 Pink Sheet 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 operation of natural gas transport and storage infrastructure in Italy. Snam S.p.A. was founded in 1941 and is headquartered in San Donato Milanese, Italy. SNAM SPA operates under UtilitiesRegulated Gas classification in the United States and is traded on OTC Exchange. It employs 3526 people.
Snam SpA Pink Sheet Technical Analysis
Snam SpA 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
Snam SpA Period Price Range
Low | November 30, 2024
| High |
0.00 | 0.00 |
Snam SpA 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.
Snam SpA November 30, 2024 Market Strength
Market strength indicators help investors to evaluate how Snam SpA 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 Snam SpA shares will generate the highest return on investment. By undertsting and applying Snam SpA pink sheet 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 Pink Sheet 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.
Risk Adjusted Performance | 0.0106 | |||
Jensen Alpha | 0.0351 | |||
Total Risk Alpha | (0.35) | |||
Treynor Ratio | (0.01) |
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Volume Indicators |
Complementary Tools for Snam Pink Sheet 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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