Firstrand (South Africa) Price on December 12, 2024

FSR Stock   7,806  161.00  2.11%   
If you're considering investing in Firstrand Stock, it is important to understand the factors that can impact its price. As of today, the current price of Firstrand stands at 7,806, as last reported on the 22nd of January, with the highest price reaching 7,882 and the lowest price hitting 7,589 during the day. Firstrand secures Sharpe Ratio (or Efficiency) of -0.0672, which denotes the company had a -0.0672 % return per unit of risk over the last 3 months. Firstrand exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm Firstrand's Mean Deviation of 0.9857, standard deviation of 1.36, and Variance of 1.85 to check the risk estimate we provide.
  
Firstrand Stock price history is provided at the adjusted basis, taking into account all of the recent filings.

Sharpe Ratio = -0.0672

Best PortfolioBest Equity
Good Returns
Average Returns
Small Returns
CashSmall RiskAverage RiskHigh RiskHuge Risk
Negative ReturnsFSR

Estimated Market Risk

 1.36
  actual daily
12
88% of assets are more volatile

Expected Return

 -0.09
  actual daily
0
Most of other assets have higher returns

Risk-Adjusted Return

 -0.07
  actual daily
0
Most of other assets perform better
Based on monthly moving average Firstrand 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 Firstrand by adding Firstrand to a well-diversified portfolio.

Firstrand Valuation on December 12, 2024

It is possible to determine the worth of Firstrand on a given historical date. On December 12, 2024 Firstrand was worth 8047.0 at the beginning of the trading date compared to the closed value of 8019.0. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Firstrand stock. Still, in general, we apply an absolute valuation method to find Firstrand'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 Firstrand where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Firstrand's related companies.
 Open High Low Close Volume
  8,015    8,130    7,917    8,026    12,422,455  
12/12/2024
  8,047    8,111    8,012    8,019    9,021,094  
  8,005    8,160    7,992    8,139    11,662,039  
Backtest Firstrand  |  Firstrand History  |  Firstrand Valuation   PreviousNext  
Open Value
8047.0
8019.0
Closing Value
8,051
Upside

Firstrand Trading Date Momentum on December 12, 2024

On December 13 2024 Firstrand was traded for  8,139  at the closing time. The highest price during the trading period was 8,160  and the lowest recorded bid was listed for  7,992 . The volume for the day was 11.7 M. This history from December 13, 2024 contributed to the next trading day price growth. The overall trading delta to the next closing price was 1.50% . The overall trading delta to the current price is 3.72% .

Firstrand Fundamentals Correlations and Trends

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

About Firstrand Stock history

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

Firstrand Stock Technical Analysis

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

Firstrand Period Price Range

Low
January 22, 2025
0.00  NaN%
High

 0.00 

     

 0.00 

Firstrand 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.

Firstrand January 22, 2025 Market Strength

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

Firstrand Technical and Predictive Indicators

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

When running Firstrand's price analysis, check to measure Firstrand'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 Firstrand is operating at the current time. Most of Firstrand's value examination focuses on studying past and present price action to predict the probability of Firstrand's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Firstrand's price. Additionally, you may evaluate how the addition of Firstrand to your portfolios can decrease your overall portfolio volatility.
Correlation Analysis
Reduce portfolio risk simply by holding instruments which are not perfectly correlated
Odds Of Bankruptcy
Get analysis of equity chance of financial distress in the next 2 years
Portfolio Holdings
Check your current holdings and cash postion to detemine if your portfolio needs rebalancing
Sync Your Broker
Sync your existing holdings, watchlists, positions or portfolios from thousands of online brokerage services, banks, investment account aggregators and robo-advisors.
Companies Directory
Evaluate performance of over 100,000 Stocks, Funds, and ETFs against different fundamentals
Risk-Return Analysis
View associations between returns expected from investment and the risk you assume
Pattern Recognition
Use different Pattern Recognition models to time the market across multiple global exchanges
Money Flow Index
Determine momentum by analyzing Money Flow Index and other technical indicators
Price Ceiling Movement
Calculate and plot Price Ceiling Movement for different equity instruments