PARKWAY LIFE (Germany) Price on September 18, 2024

3P51 Stock  EUR 2.58  0.02  0.78%   
If you're considering investing in PARKWAY Stock, it is important to understand the factors that can impact its price. As of today, the current price of PARKWAY LIFE stands at 2.58, as last reported on the 29th of December, with the highest price reaching 2.58 and the lowest price hitting 2.58 during the day. PARKWAY LIFE REAL maintains Sharpe Ratio (i.e., Efficiency) of -0.0546, which implies the company had a -0.0546% return per unit of standard deviation over the last 3 months. PARKWAY LIFE REAL exposes twenty-one different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please check PARKWAY LIFE's Variance of 4.61, market risk adjusted performance of 0.142, and Mean Deviation of 1.38 to confirm the risk estimate we provide.
  
PARKWAY Stock price history is provided at the adjusted basis, taking into account all of the recent filings.

Sharpe Ratio = -0.0546

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Estimated Market Risk

 2.16
  actual daily
19
81% of assets are more volatile

Expected Return

 -0.12
  actual daily
0
Most of other assets have higher returns

Risk-Adjusted Return

 -0.05
  actual daily
0
Most of other assets perform better
Based on monthly moving average PARKWAY LIFE 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 PARKWAY LIFE by adding PARKWAY LIFE to a well-diversified portfolio.

PARKWAY LIFE Valuation on September 18, 2024

It is possible to determine the worth of PARKWAY LIFE on a given historical date. On September 18, 2024 PARKWAY was worth 2.72 at the beginning of the trading date compared to the closed value of 2.72. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of PARKWAY LIFE stock. Still, in general, we apply an absolute valuation method to find PARKWAY LIFE'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 PARKWAY LIFE where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against PARKWAY LIFE's related companies.
 Open High Low Close Volume
  2.77    2.77    2.77    2.77    1.00  
09/18/2024
  2.72    2.72    2.72    2.72    1.00  
  2.76    2.76    2.76    2.76    1.00  
Backtest PARKWAY LIFE  |  PARKWAY LIFE History  |  PARKWAY LIFE Valuation   PreviousNext  
Open Value
2.72
2.72
Closing Value
9.21
Upside

PARKWAY LIFE Trading Date Momentum on September 18, 2024

On September 19 2024 PARKWAY LIFE REAL was traded for  2.76  at the closing time. The maximum traded price for the trading interval was 2.76  and the lowest daily price was  2.76 . There was no trading activity during the period 1.0. Lack of trading volume on 19th of September 2024 played a part in the next trading day price rise. The daily price change to the next closing price was 1.47% . The trading delta at closing time to the closing price today is 3.68% .

PARKWAY LIFE REAL Fundamentals Correlations and Trends

By evaluating PARKWAY LIFE'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 PARKWAY LIFE's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. PARKWAY financial account trend analysis is a perfect complement when working with valuation or volatility modules.

About PARKWAY LIFE Stock history

PARKWAY LIFE 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 PARKWAY is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in PARKWAY LIFE REAL 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 PARKWAY LIFE stock prices may prove useful in developing a viable investing in PARKWAY LIFE
Parkway Life Real Estate Investment Trust is one of Asias largest listed healthcare REITs by asset size. It also owns strata-titled unitslots at Gleneagles Intan Medical Centre Kuala Lumpur in Malaysia. Parkway Life is traded on Frankfurt Stock Exchange in Germany.

PARKWAY LIFE Stock Technical Analysis

PARKWAY LIFE 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.
A focus of PARKWAY LIFE technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of PARKWAY LIFE trading pattern rather than external drivers such as economic, fundamental, or social events. It is believed that price action tends to repeat itself due to investors' collective, patterned behavior. Hence technical analysis focuses on identifiable price trends and conditions. More Info...

Price Boundaries

PARKWAY LIFE Period Price Range

Low
December 29, 2024
0.00  NaN%
High

 0.00 

     

 0.00 

PARKWAY LIFE REAL 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.

PARKWAY LIFE December 29, 2024 Market Strength

Market strength indicators help investors to evaluate how PARKWAY LIFE stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading PARKWAY LIFE shares will generate the highest return on investment. By undertsting and applying PARKWAY LIFE stock market strength indicators, traders can identify PARKWAY LIFE REAL entry and exit signals to maximize returns

PARKWAY LIFE Technical and Predictive Indicators

Predictive indicators are helping investors to find signals for PARKWAY LIFE's price direction in advance. Along with the technical and fundamental analysis of PARKWAY Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of PARKWAY 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.

Complementary Tools for PARKWAY Stock analysis

When running PARKWAY LIFE's price analysis, check to measure PARKWAY LIFE'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 PARKWAY LIFE is operating at the current time. Most of PARKWAY LIFE's value examination focuses on studying past and present price action to predict the probability of PARKWAY LIFE's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move PARKWAY LIFE's price. Additionally, you may evaluate how the addition of PARKWAY LIFE to your portfolios can decrease your overall portfolio volatility.
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