Jenoptik (Germany) Price on October 31, 2024

JEN Stock   21.82  0.10  0.46%   
If you're considering investing in Jenoptik Stock, it is important to understand the factors that can impact its price. As of today, the current price of Jenoptik stands at 21.82, as last reported on the 15th of December 2024, with the highest price reaching 22.02 and the lowest price hitting 21.72 during the day. Jenoptik AG holds Efficiency (Sharpe) Ratio of -0.13, which attests that the entity had a -0.13% return per unit of risk over the last 3 months. Jenoptik AG exposes twenty-two different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please check out Jenoptik's Market Risk Adjusted Performance of (1.11), standard deviation of 2.29, and Risk Adjusted Performance of (0.09) to validate the risk estimate we provide.
  
Jenoptik Stock price history is provided at the adjusted basis, taking into account all of the recent filings.

Sharpe Ratio = -0.1256

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Estimated Market Risk

 2.29
  actual daily
20
80% of assets are more volatile

Expected Return

 -0.29
  actual daily
0
Most of other assets have higher returns

Risk-Adjusted Return

 -0.13
  actual daily
0
Most of other assets perform better
Based on monthly moving average Jenoptik 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 Jenoptik by adding Jenoptik to a well-diversified portfolio.

Jenoptik Valuation on October 31, 2024

It is possible to determine the worth of Jenoptik on a given historical date. On October 31, 2024 Jenoptik was worth 21.96 at the beginning of the trading date compared to the closed value of 21.5. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Jenoptik stock. Still, in general, we apply an absolute valuation method to find Jenoptik'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 Jenoptik where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Jenoptik's related companies.
 Open High Low Close Volume
  22.80    22.94    21.96    21.96    291,155  
10/31/2024
  21.96    22.04    21.22    21.50    348,262  
  21.52    21.76    21.42    21.50    177,747  
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Open Value
21.96
21.5
Closing Value
28.82
Upside

Jenoptik Trading Date Momentum on October 31, 2024

On November 01 2024 Jenoptik AG was traded for  21.50  at the closing time. The highest price during the trading period was 21.76  and the lowest recorded bid was listed for  21.42 . The volume for the day was 177.7 K. This history from November 1, 2024 did not cause price change. The trading delta at closing time to the current price is 6.05% .

Jenoptik AG Fundamentals Correlations and Trends

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

About Jenoptik Stock history

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

Jenoptik Stock Technical Analysis

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

Jenoptik Period Price Range

Low
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Jenoptik AG cannot be verified against its exchange. Please verify the symbol is currently traded on XETRA Stock 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.

Jenoptik December 15, 2024 Market Strength

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

Jenoptik Technical and Predictive Indicators

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

Additional Tools for Jenoptik Stock Analysis

When running Jenoptik's price analysis, check to measure Jenoptik'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 Jenoptik is operating at the current time. Most of Jenoptik's value examination focuses on studying past and present price action to predict the probability of Jenoptik's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Jenoptik's price. Additionally, you may evaluate how the addition of Jenoptik to your portfolios can decrease your overall portfolio volatility.