FUTURE GAMING (Germany) Price on October 16, 2024
| 6L50 Stock | 0.53 0.10 15.87% |
If you're considering investing in FUTURE Stock, it is important to understand the factors that can impact its price. As of today, the current price of FUTURE GAMING stands at 0.53, as last reported on the 29th of November, with the highest price reaching 0.63 and the lowest price hitting 0.53 during the day. FUTURE GAMING GRP secures Sharpe Ratio (or Efficiency) of -0.0072, which denotes the company had a -0.0072% return per unit of volatility over the last 3 months. FUTURE GAMING GRP exposes twenty-nine different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm FUTURE GAMING's Market Risk Adjusted Performance of 0.1924, downside deviation of 3.54, and Mean Deviation of 2.34 to check the risk estimate we provide.
FUTURE Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
FUTURE |
Sharpe Ratio = -0.0072
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| Negative Returns | 6L50 |
Estimated Market Risk
| 3.22 actual daily | 28 72% of assets are more volatile |
Expected Return
| -0.02 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| -0.01 actual daily | 0 Most of other assets perform better |
Based on monthly moving average FUTURE GAMING 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 FUTURE GAMING by adding FUTURE GAMING to a well-diversified portfolio.
FUTURE GAMING Valuation on October 16, 2024
It is possible to determine the worth of FUTURE GAMING on a given historical date. On October 16, 2024 FUTURE was worth 0.6 at the beginning of the trading date compared to the closed value of 0.63. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of FUTURE GAMING stock. Still, in general, we apply an absolute valuation method to find FUTURE GAMING'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 FUTURE GAMING where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against FUTURE GAMING's related companies.
| Open | High | Low | Close | Volume | |
| 0.60 | 0.65 | 0.60 | 0.65 | 100.00 | |
10/16/2024 | 0.60 | 0.63 | 0.60 | 0.63 | 100.00 |
| 0.59 | 0.62 | 0.59 | 0.62 | 100.00 |
| Backtest FUTURE GAMING | | | FUTURE GAMING History | | | FUTURE GAMING Valuation | Previous | Next |
FUTURE GAMING Trading Date Momentum on October 16, 2024
| On October 17 2024 FUTURE GAMING GRP was traded for 0.62 at the closing time. The maximum traded price for the trading interval was 0.62 and the lowest daily price was 0.59 . The daily volume was recorded at 100.0. The volume of trading on 17th of October 2024 played a part in the next trading day price drop. The daily price change to the next closing price was 1.59% . The overall trading delta to the closing price today is 1.59% . |
About FUTURE GAMING Stock history
FUTURE GAMING 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 FUTURE is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in FUTURE GAMING GRP 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 FUTURE GAMING stock prices may prove useful in developing a viable investing in FUTURE GAMING
FUTURE GAMING Stock Technical Analysis
FUTURE GAMING 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
FUTURE GAMING Period Price Range
Low | November 29, 2024
| High |
0.00 | 0.00 |
FUTURE GAMING GRP 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.
FUTURE GAMING November 29, 2024 Market Strength
Market strength indicators help investors to evaluate how FUTURE GAMING stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading FUTURE GAMING shares will generate the highest return on investment. By undertsting and applying FUTURE GAMING stock market strength indicators, traders can identify FUTURE GAMING GRP entry and exit signals to maximize returns
FUTURE GAMING Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for FUTURE GAMING's price direction in advance. Along with the technical and fundamental analysis of FUTURE Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of FUTURE 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 | 0.0201 | |||
| Jensen Alpha | 0.0161 | |||
| Total Risk Alpha | (0.46) | |||
| Sortino Ratio | (0.02) | |||
| Treynor Ratio | 0.1824 |
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| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
Complementary Tools for FUTURE Stock analysis
When running FUTURE GAMING's price analysis, check to measure FUTURE GAMING'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 FUTURE GAMING is operating at the current time. Most of FUTURE GAMING's value examination focuses on studying past and present price action to predict the probability of FUTURE GAMING's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move FUTURE GAMING's price. Additionally, you may evaluate how the addition of FUTURE GAMING to your portfolios can decrease your overall portfolio volatility.
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