Snap-on Incorporated (Germany) Price on October 15, 2024
| SPU Stock | EUR 348.70 0.30 0.09% |
If you're considering investing in Snap-on Stock, it is important to understand the factors that can impact its price. As of today, the current price of Snap-on Incorporated stands at 348.70, as last reported on the 29th of November, with the highest price reaching 348.70 and the lowest price hitting 348.70 during the day. Snap-on Incorporated appears to be very steady, given 3 months investment horizon. Snap-on Incorporated owns Efficiency Ratio (i.e., Sharpe Ratio) of 0.28, which indicates the firm had a 0.28% return per unit of risk over the last 3 months. By inspecting Snap-on Incorporated's technical indicators, you can evaluate if the expected return of 0.51% is justified by implied risk. Please review Snap-on Incorporated's Coefficient Of Variation of 346.33, semi deviation of 0.2035, and Risk Adjusted Performance of 0.2265 to confirm if our risk estimates are consistent with your expectations.
Snap-on Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
Snap-on |
Sharpe Ratio = 0.2776
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Estimated Market Risk
| 1.83 actual daily | 16 84% of assets are more volatile |
Expected Return
| 0.51 actual daily | 10 90% of assets have higher returns |
Risk-Adjusted Return
| 0.28 actual daily | 21 79% of assets perform better |
Based on monthly moving average Snap-on Incorporated is performing at about 21% 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 Snap-on Incorporated by adding it to a well-diversified portfolio.
Snap-on Incorporated Valuation on October 15, 2024
It is possible to determine the worth of Snap-on Incorporated on a given historical date. On October 15, 2024 Snap-on was worth 269.66 at the beginning of the trading date compared to the closed value of 269.66. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Snap-on Incorporated stock. Still, in general, we apply an absolute valuation method to find Snap-on Incorporated'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 Snap-on Incorporated where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Snap-on Incorporated's related companies.
| Open | High | Low | Close | Volume | |
| 264.50 | 264.50 | 264.50 | 264.50 | 1.00 | |
10/15/2024 | 269.66 | 269.66 | 269.66 | 269.66 | 1.00 |
| 268.97 | 268.97 | 268.97 | 268.97 | 1.00 |
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Snap-on Incorporated Trading Date Momentum on October 15, 2024
| On October 16 2024 Snap on Incorporated was traded for 268.97 at the closing time. The highest daily price throughout the period was 268.97 and the lowest price was 268.97 . There was no trading activity during the period 1.0. Lack of trading volume on 10/16/2024 added to the next day price reduction. The trading price change to closing price of the next trading day was 0.26% . The trading price change to current closing price is 10.58% . |
Snap-on Incorporated Fundamentals Correlations and Trends
By evaluating Snap-on Incorporated'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 Snap-on Incorporated's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Snap-on financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Snap-on Incorporated Stock history
Snap-on Incorporated 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 Snap-on is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Snap-on Incorporated 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 Snap-on Incorporated stock prices may prove useful in developing a viable investing in Snap-on Incorporated
Snap-on Incorporated manufactures and markets tools, equipment, diagnostics, and repair information and systems solutions for professional users worldwide. Snap-on Incorporated was founded in 1920 and is headquartered in Kenosha, Wisconsin. SNAP ON operates under Tools Accessories classification in Germany and is traded on Frankfurt Stock Exchange. It employs 12600 people.
Snap-on Incorporated Stock Technical Analysis
Snap-on Incorporated 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
Snap-on Incorporated Period Price Range
Low | November 29, 2024
| High |
0.00 | 0.00 |
Snap on Incorporated 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.
Snap-on Incorporated November 29, 2024 Market Strength
Market strength indicators help investors to evaluate how Snap-on Incorporated stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Snap-on Incorporated shares will generate the highest return on investment. By undertsting and applying Snap-on Incorporated stock market strength indicators, traders can identify Snap on Incorporated entry and exit signals to maximize returns
Snap-on Incorporated Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Snap-on Incorporated's price direction in advance. Along with the technical and fundamental analysis of Snap-on Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Snap-on 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 | 0.2265 | |||
| Jensen Alpha | 0.4191 | |||
| Total Risk Alpha | 0.212 | |||
| Sortino Ratio | 0.4319 | |||
| Treynor Ratio | 0.678 |
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Complementary Tools for Snap-on Stock analysis
When running Snap-on Incorporated's price analysis, check to measure Snap-on Incorporated'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 Snap-on Incorporated is operating at the current time. Most of Snap-on Incorporated's value examination focuses on studying past and present price action to predict the probability of Snap-on Incorporated's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Snap-on Incorporated's price. Additionally, you may evaluate how the addition of Snap-on Incorporated to your portfolios can decrease your overall portfolio volatility.
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