Gelsenwasser (Germany) Price on September 20, 2024
WWG Stock | EUR 505.00 20.00 3.81% |
If you're considering investing in Gelsenwasser Stock, it is important to understand the factors that can impact its price. As of today, the current price of Gelsenwasser stands at 505.00, as last reported on the 24th of November, with the highest price reaching 505.00 and the lowest price hitting 505.00 during the day. Gelsenwasser AG holds Efficiency (Sharpe) Ratio of -0.041, which attests that the entity had a -0.041% return per unit of risk over the last 3 months. Gelsenwasser AG exposes twenty-two different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please check out Gelsenwasser's Risk Adjusted Performance of (0.04), standard deviation of 2.77, and Market Risk Adjusted Performance of 0.4581 to validate the risk estimate we provide.
Gelsenwasser Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
Gelsenwasser |
Sharpe Ratio = -0.041
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Estimated Market Risk
2.84 actual daily | 25 75% of assets are more volatile |
Expected Return
-0.12 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 Gelsenwasser 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 Gelsenwasser by adding Gelsenwasser to a well-diversified portfolio.
Gelsenwasser Valuation on September 20, 2024
It is possible to determine the worth of Gelsenwasser on a given historical date. On September 20, 2024 Gelsenwasser was worth 510.0 at the beginning of the trading date compared to the closed value of 540.0. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Gelsenwasser stock. Still, in general, we apply an absolute valuation method to find Gelsenwasser'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 Gelsenwasser where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Gelsenwasser's related companies.
Open | High | Low | Close | Volume | |
525.00 | 540.00 | 525.00 | 540.00 | 1.00 | |
09/20/2024 | 510.00 | 540.00 | 510.00 | 540.00 | 1.00 |
520.00 | 520.00 | 520.00 | 520.00 | 1.00 |
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Gelsenwasser Trading Date Momentum on September 20, 2024
On September 23 2024 Gelsenwasser AG was traded for 520.00 at the closing time. The highest daily price throughout the period was 520.00 and the lowest price was 520.00 . There was no trading activity during the period 1.0. Lack of trading volume on 09/23/2024 added to the next day price reduction. The trading price change to closing price of the next trading day was 3.70% . The overall trading delta to current closing price is 5.56% . |
Gelsenwasser AG Fundamentals Correlations and Trends
By evaluating Gelsenwasser'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 Gelsenwasser's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Gelsenwasser financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Gelsenwasser Stock history
Gelsenwasser 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 Gelsenwasser is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Gelsenwasser 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 Gelsenwasser stock prices may prove useful in developing a viable investing in Gelsenwasser
Gelsenwasser AG supplies gas, electricity, and water to people and businesses in Germany. Gelsenwasser AG is a subsidiary of Wasser und Gas Westfalen GmbH. GELSENWASSER operates under Utilities - Regulated Water classification in Germany and is traded on Frankfurt Stock Exchange. It employs 1551 people.
Gelsenwasser Stock Technical Analysis
Gelsenwasser 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
Gelsenwasser Period Price Range
Low | November 24, 2024
| High |
0.00 | 0.00 |
Gelsenwasser AG 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.
Gelsenwasser November 24, 2024 Market Strength
Market strength indicators help investors to evaluate how Gelsenwasser stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Gelsenwasser shares will generate the highest return on investment. By undertsting and applying Gelsenwasser stock market strength indicators, traders can identify Gelsenwasser AG entry and exit signals to maximize returns
Gelsenwasser Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Gelsenwasser's price direction in advance. Along with the technical and fundamental analysis of Gelsenwasser Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Gelsenwasser 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 | (0.04) | |||
Jensen Alpha | (0.13) | |||
Total Risk Alpha | (0.62) | |||
Treynor Ratio | 0.4481 |
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Complementary Tools for Gelsenwasser Stock analysis
When running Gelsenwasser's price analysis, check to measure Gelsenwasser'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 Gelsenwasser is operating at the current time. Most of Gelsenwasser's value examination focuses on studying past and present price action to predict the probability of Gelsenwasser's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Gelsenwasser's price. Additionally, you may evaluate how the addition of Gelsenwasser to your portfolios can decrease your overall portfolio volatility.
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