Icelandic Salmon (Iceland) Price on October 25, 2024
| ISLAX Stock | 1,510 10.00 0.67% |
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 1,510, as last reported on the 12th of December 2024, with the highest price reaching 1,510 and the lowest price hitting 1,510 during the day. Icelandic Salmon is very steady at the moment. Icelandic Salmon holds Efficiency (Sharpe) Ratio of 0.1, which attests that the entity had a 0.1% return per unit of risk over the last 3 months. We have found twenty-one technical indicators for Icelandic Salmon, which you can use to evaluate the volatility of the firm. Please check out Icelandic Salmon's Standard Deviation of 1.46, risk adjusted performance of 0.0777, and Market Risk Adjusted Performance of (0.44) to validate if the risk estimate we provide is consistent with the expected return of 0.15%.
Icelandic Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
Icelandic |
Sharpe Ratio = 0.1021
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Estimated Market Risk
| 1.48 actual daily | 13 87% of assets are more volatile |
Expected Return
| 0.15 actual daily | 2 98% of assets have higher returns |
Risk-Adjusted Return
| 0.1 actual daily | 8 92% of assets perform better |
Based on monthly moving average Icelandic Salmon is performing at about 8% 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 25, 2024
It is possible to determine the worth of Icelandic Salmon on a given historical date. On October 25, 2024 Icelandic was worth 1570.0 at the beginning of the trading date compared to the closed value of 1570.0. 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 | |
| 1,570 | 1,570 | 1,570 | 1,570 | 65.00 | |
10/25/2024 | 1,570 | 1,570 | 1,570 | 1,570 | 1.00 |
| 1,540 | 1,540 | 1,540 | 1,540 | 11.00 |
| Backtest Icelandic Salmon | | | Icelandic Salmon History | Previous | Next |
Icelandic Salmon Trading Date Momentum on October 25, 2024
| On October 28 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 11.0. This history from October 28, 2024 contributed to the next trading day price decline. The trading delta at closing time to the next closing price was 1.91% . The trading delta at closing time to the current price is 4.46% . |
Price Boundaries
Icelandic Salmon Period Price Range
Low | December 12, 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 12, 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 | 0.0777 | |||
| Jensen Alpha | 0.1713 | |||
| Total Risk Alpha | (0.09) | |||
| Treynor Ratio | (0.45) |
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| Math Transform | ||
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| 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.
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