Icelandic Salmon (Iceland) Price on October 22, 2024
| ISLAX Stock | 1,420 10.00 0.70% |
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 1,420, as last reported on the 4th of March, with the highest price reaching 1,420 and the lowest price hitting 1,420 during the day. Icelandic Salmon holds Efficiency (Sharpe) Ratio of -0.0879, which attests that the entity had a -0.0879 % return per unit of risk over the last 3 months. Icelandic Salmon exposes twenty-one different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please check out Icelandic Salmon's Risk Adjusted Performance of (0.06), standard deviation of 1.2, and Market Risk Adjusted Performance of (0.58) to validate the risk estimate we provide.
Icelandic Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
Icelandic |
Sharpe Ratio = -0.0879
| Best Portfolio | Best Equity | |||
| Good Returns | ||||
| Average Returns | ||||
| Small Returns | ||||
| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
| Negative Returns | ISLAX |
Estimated Market Risk
| 1.11 actual daily | 9 91% of assets are more volatile |
Expected Return
| -0.1 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| -0.09 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Icelandic Salmon 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 Icelandic Salmon by adding Icelandic Salmon to a well-diversified portfolio.
Icelandic Salmon Valuation on October 22, 2024
It is possible to determine the worth of Icelandic Salmon on a given historical date. On October 22, 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 | |
10/22/2024 | 1,430 | 1,430 | 1,430 | 1,430 | 1.00 |
| 1,540 | 1,540 | 1,540 | 1,540 | 1,500 |
| Backtest Icelandic Salmon | | | Icelandic Salmon History | Previous | Next |
Icelandic Salmon Trading Date Momentum on October 22, 2024
| On October 23 2024 Icelandic Salmon AS was traded for 1,540 at the closing time. The highest price during the trading period was 1,540 and the lowest recorded bid was listed for 1,540 . The volume for the day was 1.5 K. This history from October 23, 2024 contributed to the next trading day price growth. The trading delta at closing time to the next closing price was 7.69% . The trading delta at closing time to the current price is 4.90% . |
Price Boundaries
Icelandic Salmon Period Price Range
Low | March 4, 2025
| 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 March 4, 2025 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 | (0.06) | |||
| Jensen Alpha | (0.1) | |||
| Total Risk Alpha | (0.01) | |||
| Treynor Ratio | (0.59) |
| 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.
| Crypto Correlations Use cryptocurrency correlation module to diversify your cryptocurrency portfolio across multiple coins | |
| Share Portfolio Track or share privately all of your investments from the convenience of any device | |
| Portfolio Analyzer Portfolio analysis module that provides access to portfolio diagnostics and optimization engine | |
| Idea Breakdown Analyze constituents of all Macroaxis ideas. Macroaxis investment ideas are predefined, sector-focused investing themes | |
| Theme Ratings Determine theme ratings based on digital equity recommendations. Macroaxis theme ratings are based on combination of fundamental analysis and risk-adjusted market performance | |
| Money Managers Screen money managers from public funds and ETFs managed around the world | |
| Portfolio Optimization Compute new portfolio that will generate highest expected return given your specified tolerance for risk | |
| Competition Analyzer Analyze and compare many basic indicators for a group of related or unrelated entities | |
| Global Correlations Find global opportunities by holding instruments from different markets |