Famous Brands (South Africa) Price on August 12, 2024

FBR Stock   6,445  8.00  0.12%   
If you're considering investing in Famous Stock, it is important to understand the factors that can impact its price. As of today, the current price of Famous Brands stands at 6,445, as last reported on the 22nd of January, with the highest price reaching 6,544 and the lowest price hitting 6,407 during the day. Famous Brands secures Sharpe Ratio (or Efficiency) of close to zero, which denotes the company had a close to zero % return per unit of risk over the last 3 months. Famous Brands exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm Famous Brands' Standard Deviation of 1.54, mean deviation of 1.18, and Variance of 2.36 to check the risk estimate we provide.
  
Famous Stock price history is provided at the adjusted basis, taking into account all of the recent filings.

Sharpe Ratio = -0.0057

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Estimated Market Risk

 1.55
  actual daily
13
87% of assets are more volatile

Expected Return

 -0.01
  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 Famous Brands 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 Famous Brands by adding Famous Brands to a well-diversified portfolio.

Famous Brands Valuation on August 12, 2024

It is possible to determine the worth of Famous Brands on a given historical date. On August 12, 2024 Famous was worth 5574.0 at the beginning of the trading date compared to the closed value of 5580.0. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Famous Brands stock. Still, in general, we apply an absolute valuation method to find Famous Brands' 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 Famous Brands where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Famous Brands' related companies.
 Open High Low Close Volume
  5,532    5,582    5,440    5,555    129,179  
08/12/2024
  5,574    5,610    5,450    5,580    1,051,138  
  5,628    5,710    5,580    5,600    687,837  
Backtest Famous Brands  |  Famous Brands History  |  Famous Brands Valuation   PreviousNext  
Open Value
5574.0
5580.0
Closing Value
5,579
Upside

Famous Brands Trading Date Momentum on August 12, 2024

On August 13 2024 Famous Brands was traded for  5,600  at the closing time. The highest price during the trading period was 5,710  and the lowest recorded bid was listed for  5,580 . The volume for the day was 687.8 K. This history from August 13, 2024 contributed to the next trading day price growth. The overall trading delta to the next closing price was 0.36% . The overall trading delta to the current price is 3.44% .

Famous Brands Fundamentals Correlations and Trends

By evaluating Famous Brands' financials over time, investors can gain insight into future company performance. However, you can also analyze the published financial statements to find patterns among Famous Brands' main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Famous financial account trend analysis is a perfect complement when working with valuation or volatility modules.

About Famous Brands Stock history

Famous Brands 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 Famous is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Famous Brands 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 Famous Brands stock prices may prove useful in developing a viable investing in Famous Brands

Famous Brands Stock Technical Analysis

Famous Brands 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.
A focus of Famous Brands technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of Famous Brands trading pattern rather than external drivers such as economic, fundamental, or social events. It is believed that price action tends to repeat itself due to investors' collective, patterned behavior. Hence technical analysis focuses on identifiable price trends and conditions. More Info...

Price Boundaries

Famous Brands Period Price Range

Low
January 22, 2025
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High

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Famous Brands cannot be verified against its exchange. Please verify the symbol is currently traded on Johannesburg 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.

Famous Brands January 22, 2025 Market Strength

Market strength indicators help investors to evaluate how Famous Brands stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Famous Brands shares will generate the highest return on investment. By undertsting and applying Famous Brands stock market strength indicators, traders can identify Famous Brands entry and exit signals to maximize returns

Famous Brands Technical and Predictive Indicators

Predictive indicators are helping investors to find signals for Famous Brands' price direction in advance. Along with the technical and fundamental analysis of Famous Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Famous 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.

Complementary Tools for Famous Stock analysis

When running Famous Brands' price analysis, check to measure Famous Brands' 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 Famous Brands is operating at the current time. Most of Famous Brands' value examination focuses on studying past and present price action to predict the probability of Famous Brands' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Famous Brands' price. Additionally, you may evaluate how the addition of Famous Brands to your portfolios can decrease your overall portfolio volatility.
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