Forbion European Acquisition Price on May 10, 2023
FRBNUDelisted Stock | USD 10.90 0.00 0.00% |
If you're considering investing in Forbion Stock, it is important to understand the factors that can impact its price. As of today, the current price of Forbion European stands at 10.90, as last reported on the 17th of December 2024, with the highest price reaching 10.90 and the lowest price hitting 10.90 during the day. We have found twenty-four technical indicators for Forbion European Acquisition, which you can use to evaluate the volatility of the firm. Please confirm Forbion European's Coefficient Of Variation of 1822.3, downside deviation of 1.55, and Mean Deviation of 0.4834 to check if the risk estimate we provide is consistent with the expected return of 0.0%.
Forbion Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
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Sharpe Ratio = 0.0
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Based on monthly moving average Forbion European 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 Forbion European by adding Forbion European to a well-diversified portfolio.
Forbion European Valuation on May 10, 2023
It is possible to determine the worth of Forbion European on a given historical date. On May 10, 2023 Forbion was worth 10.87 at the beginning of the trading date compared to the closed value of 10.58. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Forbion European stock. Still, in general, we apply an absolute valuation method to find Forbion European'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 Forbion European where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Forbion European's related companies.
Open | High | Low | Close | Volume | |
10.62 | 10.62 | 10.62 | 10.62 | 750.00 | |
05/10/2023 | 10.87 | 10.87 | 10.58 | 10.58 | 1,650 |
10.64 | 11.13 | 10.59 | 10.61 | 900.00 |
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Forbion European Trading Date Momentum on May 10, 2023
On May 11 2023 Forbion European Acquisition was traded for 10.61 at the closing time. The highest daily price throughout the period was 11.13 and the lowest price was 10.59 . The daily volume was 900. The net trading volume on 05/11/2023 added to the next day price appreciation. The overall trading delta to closing price of the next trading day was 0.28% . The overall trading delta to current closing price is 1.80% . |
Forbion European Acq Fundamentals Correlations and Trends
By evaluating Forbion European'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 Forbion European's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Forbion financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Forbion European Stock history
Forbion European 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 Forbion is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Forbion European Acq 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 Forbion European stock prices may prove useful in developing a viable investing in Forbion European
Forbion European Acquisition Corp. does not have significant operations. The company was incorporated in 2021 and is based in Wilmington, Delaware. Forbion European operates under Shell Companies classification in the United States and is traded on NASDAQ Exchange.
Forbion European Stock Technical Analysis
Forbion European 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, delisted stock market cycles, or different charting patterns.
Price Boundaries
Forbion European Period Price Range
Low | December 17, 2024
| High |
0.00 | 0.00 |
Forbion European Acquisition cannot be verified against its exchange. Please verify the symbol is currently traded on NASDAQ 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.
Forbion European December 17, 2024 Market Strength
Market strength indicators help investors to evaluate how Forbion European stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Forbion European shares will generate the highest return on investment. By undertsting and applying Forbion European stock market strength indicators, traders can identify Forbion European Acquisition entry and exit signals to maximize returns
Forbion European Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Forbion European's price direction in advance. Along with the technical and fundamental analysis of Forbion Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Forbion 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 | 0.0428 | |||
Jensen Alpha | 0.0494 | |||
Total Risk Alpha | (0.06) | |||
Sortino Ratio | (0.02) | |||
Treynor Ratio | (2.19) |
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Check out Investing Opportunities to better understand how to build diversified portfolios. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors. You can also try the Cryptocurrency Center module to build and monitor diversified portfolio of extremely risky digital assets and cryptocurrency.
Other Consideration for investing in Forbion Stock
If you are still planning to invest in Forbion European Acq check if it may still be traded through OTC markets such as Pink Sheets or OTC Bulletin Board. You may also purchase it directly from the company, but this is not always possible and may require contacting the company directly. Please note that delisted stocks are often considered to be more risky investments, as they are no longer subject to the same regulatory and reporting requirements as listed stocks. Therefore, it is essential to carefully research the Forbion European's history and understand the potential risks before investing.
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