Icelandic Salmon (Iceland) Price on October 15, 2024
| ISLAX Stock | 1,480 30.00 1.99% |
If you're considering investing in Icelandic Stock, it is important to understand the factors that can impact its price. As of today, the current price of Icelandic Salmon stands at 1,480, as last reported on the 13th of December 2024, with the highest price reaching 1,480 and the lowest price hitting 1,480 during the day. Icelandic Salmon is very steady at the moment. Icelandic Salmon holds Efficiency (Sharpe) Ratio of 0.0799, which attests that the entity had a 0.0799% return per unit of risk over the last 3 months. We have found twenty-seven technical indicators for Icelandic Salmon, which you can use to evaluate the volatility of the firm. Please check out Icelandic Salmon's Downside Deviation of 2.95, risk adjusted performance of 0.0622, and Market Risk Adjusted Performance of (3.19) to validate if the risk estimate we provide is consistent with the expected return of 0.12%.
Icelandic Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
Icelandic |
Sharpe Ratio = 0.0799
| Best Portfolio | Best Equity | |||
| Good Returns | ||||
| Average Returns | ||||
| Small Returns | ||||
| Cash | Small Risk | ISLAX | High Risk | Huge Risk |
| Negative Returns |
Estimated Market Risk
| 1.51 actual daily | 13 87% of assets are more volatile |
Expected Return
| 0.12 actual daily | 2 98% of assets have higher returns |
Risk-Adjusted Return
| 0.08 actual daily | 6 94% of assets perform better |
Based on monthly moving average Icelandic Salmon is performing at about 6% of its full potential. 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 Icelandic Salmon by adding it to a well-diversified portfolio.
Icelandic Salmon Valuation on October 15, 2024
It is possible to determine the worth of Icelandic Salmon on a given historical date. On October 15, 2024 Icelandic was worth 1430.0 at the beginning of the trading date compared to the closed value of 1430.0. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Icelandic Salmon stock. Still, in general, we apply an absolute valuation method to find Icelandic Salmon'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 Icelandic Salmon where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Icelandic Salmon's related companies.
| Open | High | Low | Close | Volume | |
| 1,430 | 1,430 | 1,430 | 1,430 | 1.00 | |
10/15/2024 | 1,430 | 1,430 | 1,430 | 1,430 | 1.00 |
| 1,430 | 1,430 | 1,430 | 1,430 | 1.00 |
| Backtest Icelandic Salmon | | | Icelandic Salmon History | Previous | Next |
Icelandic Salmon Trading Date Momentum on October 15, 2024
| On October 16 2024 Icelandic Salmon AS was traded for 1,430 at the closing time. The highest price during the trading period was 1,430 and the lowest recorded bid was listed for 1,430 . There was no trading activity during the period 1.0. Lack of trading volume on October 16, 2024 did not cause price change. The trading delta at closing time to the current price is 9.79% . |
Price Boundaries
Icelandic Salmon Period Price Range
Low | December 13, 2024
| High |
0.00 | 0.00 |
Icelandic Salmon AS cannot be verified against its exchange. Please verify the symbol is currently traded on Iceland 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.
Icelandic Salmon December 13, 2024 Market Strength
Market strength indicators help investors to evaluate how Icelandic Salmon stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Icelandic Salmon shares will generate the highest return on investment. By undertsting and applying Icelandic Salmon stock market strength indicators, traders can identify Icelandic Salmon AS entry and exit signals to maximize returns
Icelandic Salmon Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Icelandic Salmon's price direction in advance. Along with the technical and fundamental analysis of Icelandic Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Icelandic 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 | 0.0622 | |||
| Jensen Alpha | 0.1101 | |||
| Total Risk Alpha | (0.10) | |||
| Sortino Ratio | 0.0017 | |||
| Treynor Ratio | (3.20) |
| Cycle Indicators | ||
| Math Operators | ||
| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
Complementary Tools for Icelandic Stock analysis
When running Icelandic Salmon's price analysis, check to measure Icelandic Salmon'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 Icelandic Salmon is operating at the current time. Most of Icelandic Salmon's value examination focuses on studying past and present price action to predict the probability of Icelandic Salmon's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Icelandic Salmon's price. Additionally, you may evaluate how the addition of Icelandic Salmon to your portfolios can decrease your overall portfolio volatility.
| Instant Ratings Determine any equity ratings based on digital recommendations. Macroaxis instant equity ratings are based on combination of fundamental analysis and risk-adjusted market performance | |
| USA ETFs Find actively traded Exchange Traded Funds (ETF) in USA | |
| Portfolio Comparator Compare the composition, asset allocations and performance of any two portfolios in your account | |
| Idea Breakdown Analyze constituents of all Macroaxis ideas. Macroaxis investment ideas are predefined, sector-focused investing themes | |
| Aroon Oscillator Analyze current equity momentum using Aroon Oscillator and other momentum ratios | |
| Commodity Channel Use Commodity Channel Index to analyze current equity momentum | |
| Price Ceiling Movement Calculate and plot Price Ceiling Movement for different equity instruments | |
| Portfolio Optimization Compute new portfolio that will generate highest expected return given your specified tolerance for risk | |
| Performance Analysis Check effects of mean-variance optimization against your current asset allocation |