FLAT GLASS (Germany) Price on March 1, 2024
| 72T Stock | EUR 1.49 0.01 0.67% |
If you're considering investing in FLAT Stock, it is important to understand the factors that can impact its price. As of today, the current price of FLAT GLASS stands at 1.49, as last reported on the 16th of December 2024, with the highest price reaching 1.51 and the lowest price hitting 1.49 during the day. FLAT GLASS appears to be extremely dangerous, given 3 months investment horizon. FLAT GLASS GROUP retains Efficiency (Sharpe Ratio) of 0.16, which denotes the company had a 0.16% return per unit of risk over the last 3 months. By reviewing FLAT GLASS's technical indicators, you can evaluate if the expected return of 0.92% is justified by implied risk. Please utilize FLAT GLASS's Coefficient Of Variation of 803.4, market risk adjusted performance of (1.24), and Downside Deviation of 4.94 to check if our risk estimates are consistent with your expectations.
FLAT Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
FLAT |
Sharpe Ratio = 0.1604
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Estimated Market Risk
| 5.73 actual daily | 51 51% of assets are less volatile |
Expected Return
| 0.92 actual daily | 18 82% of assets have higher returns |
Risk-Adjusted Return
| 0.16 actual daily | 12 88% of assets perform better |
Based on monthly moving average FLAT GLASS is performing at about 12% of its full potential. 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 FLAT GLASS by adding it to a well-diversified portfolio.
FLAT GLASS Valuation on March 1, 2024
It is possible to determine the worth of FLAT GLASS on a given historical date. On March 1, 2024 FLAT was worth 1.23 at the beginning of the trading date compared to the closed value of 1.19. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of FLAT GLASS stock. Still, in general, we apply an absolute valuation method to find FLAT GLASS'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 FLAT GLASS where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against FLAT GLASS's related companies.
| Open | High | Low | Close | Volume | |
| 1.13 | 1.13 | 1.11 | 1.11 | 1.00 | |
03/01/2024 | 1.23 | 1.23 | 1.19 | 1.19 | 50.00 |
| 1.25 | 1.25 | 1.23 | 1.23 | 1.00 |
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FLAT GLASS Trading Date Momentum on March 1, 2024
| On March 04 2024 FLAT GLASS GROUP was traded for 1.23 at the closing time. The highest daily price throughout the period was 1.25 and the lowest price was 1.23 . There was no trading activity during the period 1.0. Lack of trading volume on 03/04/2024 added to the next day price rise. The daily price change to closing price of the next trading day was 3.36% . The overall trading delta to current closing price is 32.77% . |
FLAT GLASS GROUP Fundamentals Correlations and Trends
By evaluating FLAT GLASS'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 FLAT GLASS's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. FLAT financial account trend analysis is a perfect complement when working with valuation or volatility modules.About FLAT GLASS Stock history
FLAT GLASS 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 FLAT is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in FLAT GLASS GROUP 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 FLAT GLASS stock prices may prove useful in developing a viable investing in FLAT GLASS
Flat Glass Group Co., Ltd., together with its subsidiaries, engages in the production and sale of glass products in the Peoples Republic of China, rest of Asia, Europe, North America, and internationally. Flat Glass Group Co., Ltd. was founded in 1998 and is headquartered in Jiaxing, the Peoples Republic of China. FLAT GLASS operates under Building Products Equipment classification in Germany and is traded on Frankfurt Stock Exchange. It employs 3440 people.
FLAT GLASS Stock Technical Analysis
FLAT GLASS 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
FLAT GLASS Period Price Range
Low | December 16, 2024
| High |
0.00 | 0.00 |
FLAT GLASS GROUP 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.
FLAT GLASS December 16, 2024 Market Strength
Market strength indicators help investors to evaluate how FLAT GLASS stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading FLAT GLASS shares will generate the highest return on investment. By undertsting and applying FLAT GLASS stock market strength indicators, traders can identify FLAT GLASS GROUP entry and exit signals to maximize returns
FLAT GLASS Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for FLAT GLASS's price direction in advance. Along with the technical and fundamental analysis of FLAT Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of FLAT 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 | 0.099 | |||
| Jensen Alpha | 0.766 | |||
| Total Risk Alpha | (0.01) | |||
| Sortino Ratio | 0.1265 | |||
| Treynor Ratio | (1.25) |
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| Volatility Indicators | ||
| Volume Indicators |
Complementary Tools for FLAT Stock analysis
When running FLAT GLASS's price analysis, check to measure FLAT GLASS'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 FLAT GLASS is operating at the current time. Most of FLAT GLASS's value examination focuses on studying past and present price action to predict the probability of FLAT GLASS's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move FLAT GLASS's price. Additionally, you may evaluate how the addition of FLAT GLASS to your portfolios can decrease your overall portfolio volatility.
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