Trifork Holding (Denmark) Price on December 2, 2024
| TRIFOR Stock | 80.40 1.80 2.29% |
If you're considering investing in Trifork Stock, it is important to understand the factors that can impact its price. As of today, the current price of Trifork Holding stands at 80.40, as last reported on the 11th of December 2024, with the highest price reaching 80.40 and the lowest price hitting 78.70 during the day. Trifork Holding AG owns Efficiency Ratio (i.e., Sharpe Ratio) of -0.11, which indicates the firm had a -0.11% return per unit of risk over the last 3 months. Trifork Holding AG exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please validate Trifork Holding's Coefficient Of Variation of (893.03), variance of 5.28, and Risk Adjusted Performance of (0.07) to confirm the risk estimate we provide.
Trifork Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
Trifork |
Sharpe Ratio = -0.1068
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| Negative Returns | TRIFOR |
Estimated Market Risk
| 2.33 actual daily | 20 80% of assets are more volatile |
Expected Return
| -0.25 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| -0.11 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Trifork Holding 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 Trifork Holding by adding Trifork Holding to a well-diversified portfolio.
Trifork Holding Valuation on December 2, 2024
It is possible to determine the worth of Trifork Holding on a given historical date. On December 2, 2024 Trifork was worth 78.5 at the beginning of the trading date compared to the closed value of 78.3. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Trifork Holding stock. Still, in general, we apply an absolute valuation method to find Trifork Holding'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 Trifork Holding where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Trifork Holding's related companies.
| Open | High | Low | Close | Volume | |
| 81.00 | 84.90 | 76.90 | 76.90 | 55,697 | |
12/02/2024 | 78.50 | 81.00 | 76.10 | 78.30 | 41,262 |
| 79.10 | 81.90 | 79.00 | 79.00 | 10,101 |
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Trifork Holding Trading Date Momentum on December 2, 2024
| On December 03 2024 Trifork Holding AG was traded for 79.00 at the closing time. The highest price during the trading period was 81.90 and the lowest recorded bid was listed for 79.00 . The volume for the day was 10.1 K. This history from December 3, 2024 contributed to the next trading day price jump. The trading price change to the next closing price was 0.89% . The trading price change to the current price is 0.51% . |
Trifork Holding AG Fundamentals Correlations and Trends
By evaluating Trifork Holding'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 Trifork Holding's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Trifork financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Trifork Holding Stock history
Trifork Holding 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 Trifork is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Trifork Holding AG 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 Trifork Holding stock prices may prove useful in developing a viable investing in Trifork Holding
Trifork Holding Stock Technical Analysis
Trifork Holding 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
Trifork Holding Period Price Range
Low | December 11, 2024
| High |
0.00 | 0.00 |
Trifork Holding AG cannot be verified against its exchange. Please verify the symbol is currently traded on Copenhagen 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.
Trifork Holding December 11, 2024 Market Strength
Market strength indicators help investors to evaluate how Trifork Holding stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Trifork Holding shares will generate the highest return on investment. By undertsting and applying Trifork Holding stock market strength indicators, traders can identify Trifork Holding AG entry and exit signals to maximize returns
Trifork Holding Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Trifork Holding's price direction in advance. Along with the technical and fundamental analysis of Trifork Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Trifork 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 | (0.07) | |||
| Jensen Alpha | (0.33) | |||
| Total Risk Alpha | (0.63) | |||
| Treynor Ratio | (0.48) |
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| Statistic Functions | ||
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| Volume Indicators |
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When running Trifork Holding's price analysis, check to measure Trifork Holding'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 Trifork Holding is operating at the current time. Most of Trifork Holding's value examination focuses on studying past and present price action to predict the probability of Trifork Holding's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Trifork Holding's price. Additionally, you may evaluate how the addition of Trifork Holding to your portfolios can decrease your overall portfolio volatility.
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