Global Ferronickel (Philippines) Price on December 16, 2024
FNI Stock | 1.04 0.01 0.95% |
If you're considering investing in Global Stock, it is important to understand the factors that can impact its price. As of today, the current price of Global Ferronickel stands at 1.04, as last reported on the 26th of December, with the highest price reaching 1.08 and the lowest price hitting 1.03 during the day. Global Ferronickel holds Efficiency (Sharpe) Ratio of -0.2, which attests that the entity had a -0.2% return per unit of risk over the last 3 months. Global Ferronickel exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please check out Global Ferronickel's Market Risk Adjusted Performance of 6.34, standard deviation of 2.17, and Risk Adjusted Performance of (0.16) to validate the risk estimate we provide.
Global Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
Global |
Sharpe Ratio = -0.2041
Best Portfolio | Best Equity | |||
Good Returns | ||||
Average Returns | ||||
Small Returns | ||||
Cash | Small Risk | Average Risk | High Risk | Huge Risk |
Negative Returns | FNI |
Estimated Market Risk
2.22 actual daily | 19 81% of assets are more volatile |
Expected Return
-0.45 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
-0.2 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Global Ferronickel 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 Global Ferronickel by adding Global Ferronickel to a well-diversified portfolio.
Global Ferronickel Valuation on December 16, 2024
It is possible to determine the worth of Global Ferronickel on a given historical date. On December 16, 2024 Global was worth 1.15 at the beginning of the trading date compared to the closed value of 1.14. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Global Ferronickel stock. Still, in general, we apply an absolute valuation method to find Global Ferronickel'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 Global Ferronickel where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Global Ferronickel's related companies.
Open | High | Low | Close | Volume | |
1.18 | 1.18 | 1.14 | 1.14 | 1,239,000 | |
12/16/2024 | 1.15 | 1.16 | 1.14 | 1.14 | 781,000 |
1.14 | 1.14 | 1.11 | 1.12 | 371,000 |
Backtest Global Ferronickel | | | Global Ferronickel History | | | Global Ferronickel Valuation | Previous | Next |
Global Ferronickel Trading Date Momentum on December 16, 2024
On December 17 2024 Global Ferronickel Holdings was traded for 1.12 at the closing time. The highest price during the trading period was 1.14 and the lowest recorded bid was listed for 1.11 . The volume for the day was 371 K. This history from December 17, 2024 contributed to the next trading day price decline. The overall trading delta to the next closing price was 1.75% . The overall trading delta to the current price is 8.77% . |
Global Ferronickel Fundamentals Correlations and Trends
By evaluating Global Ferronickel'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 Global Ferronickel's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Global financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Global Ferronickel Stock history
Global Ferronickel 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 Global is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Global Ferronickel 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 Global Ferronickel stock prices may prove useful in developing a viable investing in Global Ferronickel
Global Ferronickel Stock Technical Analysis
Global Ferronickel 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
Global Ferronickel Period Price Range
Low | December 26, 2024
| High |
0.00 | 0.00 |
Global Ferronickel Holdings cannot be verified against its exchange. Please verify the symbol is currently traded on Philippine 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.
Global Ferronickel December 26, 2024 Market Strength
Market strength indicators help investors to evaluate how Global Ferronickel stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Global Ferronickel shares will generate the highest return on investment. By undertsting and applying Global Ferronickel stock market strength indicators, traders can identify Global Ferronickel Holdings entry and exit signals to maximize returns
Global Ferronickel Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Global Ferronickel's price direction in advance. Along with the technical and fundamental analysis of Global Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Global 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 | (0.16) | |||
Jensen Alpha | (0.45) | |||
Total Risk Alpha | (0.55) | |||
Treynor Ratio | 6.33 |
Cycle Indicators | ||
Math Operators | ||
Math Transform | ||
Momentum Indicators | ||
Overlap Studies | ||
Pattern Recognition | ||
Price Transform | ||
Statistic Functions | ||
Volatility Indicators | ||
Volume Indicators |
Complementary Tools for Global Stock analysis
When running Global Ferronickel's price analysis, check to measure Global Ferronickel'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 Global Ferronickel is operating at the current time. Most of Global Ferronickel's value examination focuses on studying past and present price action to predict the probability of Global Ferronickel's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Global Ferronickel's price. Additionally, you may evaluate how the addition of Global Ferronickel to your portfolios can decrease your overall portfolio volatility.
Companies Directory Evaluate performance of over 100,000 Stocks, Funds, and ETFs against different fundamentals | |
Top Crypto Exchanges Search and analyze digital assets across top global cryptocurrency exchanges | |
Portfolio Backtesting Avoid under-diversification and over-optimization by backtesting your portfolios | |
Content Syndication Quickly integrate customizable finance content to your own investment portal | |
Portfolio Suggestion Get suggestions outside of your existing asset allocation including your own model portfolios | |
Funds Screener Find actively-traded funds from around the world traded on over 30 global exchanges | |
Share Portfolio Track or share privately all of your investments from the convenience of any device | |
Investing Opportunities Build portfolios using our predefined set of ideas and optimize them against your investing preferences |