Spineguard (France) Price on November 14, 2024
| ALSGD Stock | EUR 0.24 0.01 4.00% |
If you're considering investing in Spineguard Stock, it is important to understand the factors that can impact its price. As of today, the current price of Spineguard stands at 0.24, as last reported on the 4th of December, with the highest price reaching 0.25 and the lowest price hitting 0.23 during the day. Spineguard is out of control given 3 months investment horizon. Spineguard owns Efficiency Ratio (i.e., Sharpe Ratio) of 0.13, which indicates the firm had a 0.13% return per unit of risk over the last 3 months. We were able to interpolate data for thirty different technical indicators, which can help you to evaluate if expected returns of 1.18% are justified by taking the suggested risk. Use Spineguard Risk Adjusted Performance of 0.1075, coefficient of variation of 776.04, and Semi Deviation of 3.39 to evaluate company specific risk that cannot be diversified away.
Spineguard Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
Spineguard |
Sharpe Ratio = 0.1298
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Estimated Market Risk
| 9.08 actual daily | 80 80% of assets are less volatile |
Expected Return
| 1.18 actual daily | 23 77% of assets have higher returns |
Risk-Adjusted Return
| 0.13 actual daily | 10 90% of assets perform better |
Based on monthly moving average Spineguard is performing at about 10% 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 Spineguard by adding it to a well-diversified portfolio.
Spineguard Valuation on November 14, 2024
It is possible to determine the worth of Spineguard on a given historical date. On November 14, 2024 Spineguard was worth 0.22 at the beginning of the trading date compared to the closed value of 0.23. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Spineguard stock. Still, in general, we apply an absolute valuation method to find Spineguard'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 Spineguard where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Spineguard's related companies.
| Open | High | Low | Close | Volume | |
| 0.22 | 0.23 | 0.22 | 0.23 | 500,732 | |
11/14/2024 | 0.22 | 0.23 | 0.22 | 0.23 | 67,489 |
| 0.23 | 0.23 | 0.22 | 0.22 | 136,535 |
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Spineguard Trading Date Momentum on November 14, 2024
| On November 15 2024 Spineguard was traded for 0.22 at the closing time. The highest price during the trading period was 0.23 and the lowest recorded bid was listed for 0.22 . The volume for the day was 136.5 K. This history from November 15, 2024 contributed to the next trading day price decline. The overall trading delta to the next closing price was 4.35% . The trading price change to the current price is 8.70% . |
Spineguard Fundamentals Correlations and Trends
By evaluating Spineguard'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 Spineguard's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Spineguard financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Spineguard Stock history
Spineguard 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 Spineguard is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Spineguard 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 Spineguard stock prices may prove useful in developing a viable investing in Spineguard
The companys PediGuard products are handheld devices that detect possible vertebral cortex perforation during pedicle preparation for screw placement, and alerts surgeons prior to a breach by analyzing the electrical conductivity of the surrounding tissues in real time. SpineGuard SA was founded in 2009 and is headquartered in Vincennes, France. SPINEGUARD operates under Medical Devices classification in France and is traded on Paris Stock Exchange. It employs 19 people.
Spineguard Stock Technical Analysis
Spineguard 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
Spineguard Period Price Range
Low | December 4, 2024
| High |
0.00 | 0.00 |
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Spineguard December 4, 2024 Market Strength
Market strength indicators help investors to evaluate how Spineguard stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Spineguard shares will generate the highest return on investment. By undertsting and applying Spineguard stock market strength indicators, traders can identify Spineguard entry and exit signals to maximize returns
Spineguard Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Spineguard's price direction in advance. Along with the technical and fundamental analysis of Spineguard Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Spineguard 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 | 0.1075 | |||
| Jensen Alpha | 0.9482 | |||
| Total Risk Alpha | (0.07) | |||
| Sortino Ratio | 0.1777 | |||
| Treynor Ratio | 0.5854 |
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Additional Tools for Spineguard Stock Analysis
When running Spineguard's price analysis, check to measure Spineguard'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 Spineguard is operating at the current time. Most of Spineguard's value examination focuses on studying past and present price action to predict the probability of Spineguard's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Spineguard's price. Additionally, you may evaluate how the addition of Spineguard to your portfolios can decrease your overall portfolio volatility.