ContextVision (Norway) Price on November 26, 2024
| CONTX Stock | NOK 5.16 0.12 2.27% |
If you're considering investing in ContextVision Stock, it is important to understand the factors that can impact its price. As of today, the current price of ContextVision stands at 5.16, as last reported on the 2nd of December, with the highest price reaching 5.24 and the lowest price hitting 5.12 during the day. ContextVision AB secures Sharpe Ratio (or Efficiency) of -0.0201, which signifies that the company had a -0.0201% return per unit of risk over the last 3 months. ContextVision AB exposes twenty-four different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm ContextVision's Standard Deviation of 2.51, risk adjusted performance of (0.01), and Mean Deviation of 1.82 to double-check the risk estimate we provide.
ContextVision Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
ContextVision |
Sharpe Ratio = -0.0201
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Estimated Market Risk
| 2.51 actual daily | 22 78% of assets are more volatile |
Expected Return
| -0.05 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| -0.02 actual daily | 0 Most of other assets perform better |
Based on monthly moving average ContextVision 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 ContextVision by adding ContextVision to a well-diversified portfolio.
ContextVision Valuation on November 26, 2024
It is possible to determine the worth of ContextVision on a given historical date. On November 26, 2024 ContextVision was worth 5.4 at the beginning of the trading date compared to the closed value of 5.38. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of ContextVision stock. Still, in general, we apply an absolute valuation method to find ContextVision'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 ContextVision where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against ContextVision's related companies.
| Open | High | Low | Close | Volume | |
| 5.48 | 5.50 | 5.42 | 5.42 | 5,044 | |
11/26/2024 | 5.40 | 5.70 | 5.38 | 5.38 | 88,049 |
| 5.22 | 5.44 | 5.22 | 5.34 | 25,162 |
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ContextVision Trading Date Momentum on November 26, 2024
| On November 27 2024 ContextVision AB was traded for 5.34 at the closing time. The highest price during the trading period was 5.44 and the lowest recorded bid was listed for 5.22 . The volume for the day was 25.2 K. This history from November 27, 2024 contributed to the next trading day price decline. The overall trading delta to the next closing price was 0.74% . The overall trading delta to the current price is 3.35% . |
ContextVision AB Fundamentals Correlations and Trends
By evaluating ContextVision'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 ContextVision's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. ContextVision financial account trend analysis is a perfect complement when working with valuation or volatility modules.About ContextVision Stock history
ContextVision 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 ContextVision is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in ContextVision AB 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 ContextVision stock prices may prove useful in developing a viable investing in ContextVision
ContextVision AB , a medical technology software company, provides image analysis and artificial intelligence software solutions to original equipment manufacturers in Asia, Europe, and the United States. The company was founded in 1983 and is headquartered in Stockholm, Sweden. CONTEXTVISION is traded on Oslo Stock Exchange in Norway.
ContextVision Stock Technical Analysis
ContextVision 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
ContextVision Period Price Range
Low | December 2, 2024
| High |
0.00 | 0.00 |
ContextVision AB cannot be verified against its exchange. Please verify the symbol is currently traded on Oslo Stock 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.
ContextVision December 2, 2024 Market Strength
Market strength indicators help investors to evaluate how ContextVision stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading ContextVision shares will generate the highest return on investment. By undertsting and applying ContextVision stock market strength indicators, traders can identify ContextVision AB entry and exit signals to maximize returns
ContextVision Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for ContextVision's price direction in advance. Along with the technical and fundamental analysis of ContextVision Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of ContextVision 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 | (0.01) | |||
| Jensen Alpha | (0.04) | |||
| Total Risk Alpha | (0.48) | |||
| Treynor Ratio | 0.399 |
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Other Information on Investing in ContextVision Stock
ContextVision financial ratios help investors to determine whether ContextVision Stock is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in ContextVision with respect to the benefits of owning ContextVision security.