Broadwind (Germany) Price on July 5, 2024
9IRA Stock | EUR 1.65 0.03 1.85% |
If you're considering investing in Broadwind Stock, it is important to understand the factors that can impact its price. As of today, the current price of Broadwind stands at 1.65, as last reported on the 15th of December 2024, with the highest price reaching 1.65 and the lowest price hitting 1.61 during the day. Broadwind secures Sharpe Ratio (or Efficiency) of -0.0282, which signifies that the company had a -0.0282% return per unit of risk over the last 3 months. Broadwind exposes twenty-four different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm Broadwind's Mean Deviation of 2.84, standard deviation of 4.11, and Risk Adjusted Performance of (0.02) to double-check the risk estimate we provide.
Broadwind Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
Broadwind |
Sharpe Ratio = -0.0282
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Estimated Market Risk
4.11 actual daily | 36 64% of assets are more volatile |
Expected Return
-0.12 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
-0.03 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Broadwind 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 Broadwind by adding Broadwind to a well-diversified portfolio.
Broadwind Valuation on July 5, 2024
It is possible to determine the worth of Broadwind on a given historical date. On July 5, 2024 Broadwind was worth 2.91 at the beginning of the trading date compared to the closed value of 2.76. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Broadwind stock. Still, in general, we apply an absolute valuation method to find Broadwind'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 Broadwind where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Broadwind's related companies.
Open | High | Low | Close | Volume | |
2.95 | 2.95 | 2.93 | 2.93 | 1.00 | |
07/05/2024 | 2.91 | 2.91 | 2.76 | 2.76 | 1.00 |
2.73 | 2.73 | 2.73 | 2.73 | 1.00 |
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Broadwind Trading Date Momentum on July 5, 2024
On July 08 2024 Broadwind was traded for 2.73 at the closing time. The maximum traded price for the trading interval was 2.73 and the lowest daily price was 2.73 . There was no trading activity during the period 1.0. Lack of trading volume on 8th of July 2024 played a part in the next trading day price drop. The daily price change to the next closing price was 1.09% . The overall trading delta to the closing price today is 9.06% . |
Broadwind Fundamentals Correlations and Trends
By evaluating Broadwind'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 Broadwind's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Broadwind financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Broadwind Stock history
Broadwind 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 Broadwind is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Broadwind 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 Broadwind stock prices may prove useful in developing a viable investing in Broadwind
Broadwind, Inc. manufactures and sells structures, equipment, and components for clean tech and other specialized applications primarily in the United States. The company was formerly known as Broadwind Energy, Inc. and changed its name to Broadwind, Inc. in May 2020. BROADWIND INC operates under Specialty Industrial Machinery classification in Germany and is traded on Frankfurt Stock Exchange. It employs 512 people.
Broadwind Stock Technical Analysis
Broadwind 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
Broadwind Period Price Range
Low | December 15, 2024
| High |
0.00 | 0.00 |
Broadwind 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.
Broadwind December 15, 2024 Market Strength
Market strength indicators help investors to evaluate how Broadwind stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Broadwind shares will generate the highest return on investment. By undertsting and applying Broadwind stock market strength indicators, traders can identify Broadwind entry and exit signals to maximize returns
Broadwind Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Broadwind's price direction in advance. Along with the technical and fundamental analysis of Broadwind Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Broadwind 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 | (0.02) | |||
Jensen Alpha | (0.08) | |||
Total Risk Alpha | (0.66) | |||
Treynor Ratio | 0.1978 |
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Volume Indicators |
Complementary Tools for Broadwind Stock analysis
When running Broadwind's price analysis, check to measure Broadwind'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 Broadwind is operating at the current time. Most of Broadwind's value examination focuses on studying past and present price action to predict the probability of Broadwind's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Broadwind's price. Additionally, you may evaluate how the addition of Broadwind to your portfolios can decrease your overall portfolio volatility.
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