Iron Road (Germany) Price on December 19, 2024
4OV Stock | EUR 0.02 0 4.17% |
If you're considering investing in Iron Stock, it is important to understand the factors that can impact its price. As of today, the current price of Iron Road stands at 0.02, as last reported on the 21st of December, with the highest price reaching 0.02 and the lowest price hitting 0.02 during the day. Iron Road Limited holds Efficiency (Sharpe) Ratio of -0.001, which attests that the entity had a -0.001% return per unit of risk over the last 3 months. Iron Road Limited exposes twenty-eight different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please check out Iron Road's Downside Deviation of 7.65, risk adjusted performance of 0.0319, and Market Risk Adjusted Performance of (0.08) to validate the risk estimate we provide.
Iron Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
Iron |
Sharpe Ratio = -0.001
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Estimated Market Risk
7.42 actual daily | 66 66% of assets are less volatile |
Expected Return
-0.01 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
0.0 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Iron Road 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 Iron Road by adding Iron Road to a well-diversified portfolio.
Iron Road Valuation on December 19, 2024
It is possible to determine the worth of Iron Road on a given historical date. On December 19, 2024 Iron was worth 0.023 at the beginning of the trading date compared to the closed value of 0.023. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Iron Road stock. Still, in general, we apply an absolute valuation method to find Iron Road'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 Iron Road where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Iron Road's related companies.
Open | High | Low | Close | Volume | |
0.02 | 0.02 | 0.02 | 0.02 | 1.00 | |
12/19/2024 | 0.02 | 0.02 | 0.02 | 0.02 | 1.00 |
0.02 | 0.02 | 0.02 | 0.02 | 0.00 |
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Iron Road Trading Date Momentum on December 19, 2024
On December 21 2024 Iron Road Limited was traded for 0.02 at the closing time. The highest daily price throughout the period was 0.02 and the lowest price was 0.02 . There was no trading activity during the period 0.0. Lack of trading volume on 12/21/2024 did not cause price change. The trading delta at closing time to current closing price is 0.00% . |
Iron Road Limited Fundamentals Correlations and Trends
By evaluating Iron Road'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 Iron Road's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Iron financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Iron Road Stock history
Iron Road 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 Iron is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Iron Road Limited 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 Iron Road stock prices may prove useful in developing a viable investing in Iron Road
Iron Road Limited explores and evaluates iron ore properties in Australia. The company was incorporated in 2007 and is based in Adelaide, Australia. IRON ROAD operates under Steel classification in Germany and is traded on Frankfurt Stock Exchange.
Iron Road Stock Technical Analysis
Iron Road 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
Iron Road Period Price Range
Low | December 21, 2024
| High |
0.00 | 0.00 |
Iron Road Limited 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.
Iron Road December 21, 2024 Market Strength
Market strength indicators help investors to evaluate how Iron Road stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Iron Road shares will generate the highest return on investment. By undertsting and applying Iron Road stock market strength indicators, traders can identify Iron Road Limited entry and exit signals to maximize returns
Iron Road Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Iron Road's price direction in advance. Along with the technical and fundamental analysis of Iron Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Iron 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 | 0.0319 | |||
Jensen Alpha | 0.2636 | |||
Total Risk Alpha | (0) | |||
Sortino Ratio | 0.025 | |||
Treynor Ratio | (0.09) |
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Complementary Tools for Iron Stock analysis
When running Iron Road's price analysis, check to measure Iron Road'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 Iron Road is operating at the current time. Most of Iron Road's value examination focuses on studying past and present price action to predict the probability of Iron Road's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Iron Road's price. Additionally, you may evaluate how the addition of Iron Road to your portfolios can decrease your overall portfolio volatility.
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