FORTEC Elektronik (Germany) Price on December 20, 2024

FEV Stock   18.20  0.30  1.62%   
If you're considering investing in FORTEC Stock, it is important to understand the factors that can impact its price. As of today, the current price of FORTEC Elektronik stands at 18.20, as last reported on the 22nd of December, with the highest price reaching 18.40 and the lowest price hitting 18.00 during the day. FORTEC Elektronik secures Sharpe Ratio (or Efficiency) of -0.0439, which denotes the company had a -0.0439% return per unit of volatility over the last 3 months. FORTEC Elektronik AG exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm FORTEC Elektronik's Market Risk Adjusted Performance of 0.0737, mean deviation of 1.34, and Standard Deviation of 1.9 to check the risk estimate we provide.
  
FORTEC Stock price history is provided at the adjusted basis, taking into account all of the recent filings.

Sharpe Ratio = -0.0439

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Estimated Market Risk

 1.83
  actual daily
16
84% of assets are more volatile

Expected Return

 -0.08
  actual daily
0
Most of other assets have higher returns

Risk-Adjusted Return

 -0.04
  actual daily
0
Most of other assets perform better
Based on monthly moving average FORTEC Elektronik 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 FORTEC Elektronik by adding FORTEC Elektronik to a well-diversified portfolio.

FORTEC Elektronik Valuation on December 20, 2024

It is possible to determine the worth of FORTEC Elektronik on a given historical date. On December 20, 2024 FORTEC was worth 18.3 at the beginning of the trading date compared to the closed value of 18.2. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of FORTEC Elektronik stock. Still, in general, we apply an absolute valuation method to find FORTEC Elektronik'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 FORTEC Elektronik where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against FORTEC Elektronik's related companies.
 Open High Low Close Volume
  19.10    19.10    18.40    18.50    7,096  
12/20/2024
  18.30    18.40    18.00    18.20    2,398  
  18.30    18.40    18.00    18.20    0.00  
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Open Value
18.3
18.2
Closing Value
23.78
Upside

FORTEC Elektronik Trading Date Momentum on December 20, 2024

On December 22 2024 FORTEC Elektronik AG was traded for  18.20  at the closing time. The highest price during the trading period was 18.40  and the lowest recorded bid was listed for  18.00 . There was no trading activity during the period 0.0. Lack of trading volume on December 22, 2024 did not affect price variability. The overall trading delta to the current price is 0.55% .

FORTEC Elektronik Fundamentals Correlations and Trends

By evaluating FORTEC Elektronik'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 FORTEC Elektronik's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. FORTEC financial account trend analysis is a perfect complement when working with valuation or volatility modules.

About FORTEC Elektronik Stock history

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

FORTEC Elektronik Stock Technical Analysis

FORTEC Elektronik 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 FORTEC Elektronik technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of FORTEC Elektronik 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

FORTEC Elektronik Period Price Range

Low
December 22, 2024
0.00  NaN%
High

 0.00 

     

 0.00 

FORTEC Elektronik AG cannot be verified against its exchange. Please verify the symbol is currently traded on XETRA 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.

FORTEC Elektronik December 22, 2024 Market Strength

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

FORTEC Elektronik Technical and Predictive Indicators

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

Additional Tools for FORTEC Stock Analysis

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