Sonae SGPS (Portugal) Price on July 10, 2024
SON Stock | EUR 0.93 0.01 1.09% |
If you're considering investing in Sonae Stock, it is important to understand the factors that can impact its price. As of today, the current price of Sonae SGPS stands at 0.93, as last reported on the 27th of November, with the highest price reaching 0.93 and the lowest price hitting 0.92 during the day. Sonae SGPS SA owns Efficiency Ratio (i.e., Sharpe Ratio) of -0.0368, which indicates the firm had a -0.0368% return per unit of risk over the last 3 months. Sonae SGPS SA exposes twenty-four different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please validate Sonae SGPS's Variance of 0.6451, risk adjusted performance of (0.03), and Coefficient Of Variation of (2,717) to confirm the risk estimate we provide.
Sonae Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
Sonae |
Sharpe Ratio = -0.0368
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Estimated Market Risk
0.8 actual daily | 7 93% of assets are more volatile |
Expected Return
-0.03 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
-0.04 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Sonae SGPS 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 Sonae SGPS by adding Sonae SGPS to a well-diversified portfolio.
Sonae SGPS Valuation on July 10, 2024
It is possible to determine the worth of Sonae SGPS on a given historical date. On July 10, 2024 Sonae was worth 0.91 at the beginning of the trading date compared to the closed value of 0.93. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Sonae SGPS stock. Still, in general, we apply an absolute valuation method to find Sonae SGPS'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 Sonae SGPS where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Sonae SGPS's related companies.
Open | High | Low | Close | Volume | |
0.89 | 0.91 | 0.89 | 0.91 | 1,686,669 | |
07/10/2024 | 0.91 | 0.93 | 0.91 | 0.93 | 2,573,121 |
0.93 | 0.93 | 0.92 | 0.93 | 1,328,764 |
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Sonae SGPS Trading Date Momentum on July 10, 2024
On July 11 2024 Sonae SGPS SA was traded for 0.93 at the closing time. The maximum traded price for the trading interval was 0.93 and the lowest daily price was 0.92 . The daily volume was recorded at 1.3 M. The volume of trading on 11th of July 2024 did not result in any price rise and fall. The trading price change to the closing price today is 1.08% . |
Sonae SGPS SA Fundamentals Correlations and Trends
By evaluating Sonae SGPS'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 Sonae SGPS's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Sonae financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Sonae SGPS Stock history
Sonae SGPS 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 Sonae is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Sonae SGPS SA 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 Sonae SGPS stock prices may prove useful in developing a viable investing in Sonae SGPS
Sonae, SGPS, S.A. engages in retail, financial services, technology, shopping center, and telecommunication businesses. Sonae, SGPS, S.A. was founded in 1959 and is headquartered in Maia, Portugal. SONAE operates under Department Stores classification in Exotistan and is traded on Commodity Exchange. It employs 43854 people.
Sonae SGPS Stock Technical Analysis
Sonae SGPS 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
Sonae SGPS Period Price Range
Low | November 27, 2024
| High |
0.00 | 0.00 |
Sonae SGPS SA cannot be verified against its exchange. Please verify the symbol is currently traded on Euronext Lisbon. 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.
Sonae SGPS November 27, 2024 Market Strength
Market strength indicators help investors to evaluate how Sonae SGPS stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Sonae SGPS shares will generate the highest return on investment. By undertsting and applying Sonae SGPS stock market strength indicators, traders can identify Sonae SGPS SA entry and exit signals to maximize returns
Sonae SGPS Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Sonae SGPS's price direction in advance. Along with the technical and fundamental analysis of Sonae Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Sonae 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 | (0.03) | |||
Jensen Alpha | (0.02) | |||
Total Risk Alpha | (0.17) | |||
Treynor Ratio | 0.2567 |
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Additional Tools for Sonae Stock Analysis
When running Sonae SGPS's price analysis, check to measure Sonae SGPS'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 Sonae SGPS is operating at the current time. Most of Sonae SGPS's value examination focuses on studying past and present price action to predict the probability of Sonae SGPS's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Sonae SGPS's price. Additionally, you may evaluate how the addition of Sonae SGPS to your portfolios can decrease your overall portfolio volatility.