Signify NV (Netherlands) Price on November 14, 2024
| LIGHT Stock | EUR 21.62 0.14 0.65% |
If you're considering investing in Signify Stock, it is important to understand the factors that can impact its price. As of today, the current price of Signify NV stands at 21.62, as last reported on the 16th of December 2024, with the highest price reaching 21.66 and the lowest price hitting 21.30 during the day. At this point, Signify NV is not too volatile. Signify NV owns Efficiency Ratio (i.e., Sharpe Ratio) of 0.0186, which indicates the firm had a 0.0186% return per unit of risk over the last 3 months. We have found twenty-nine technical indicators for Signify NV, which you can use to evaluate the volatility of the company. Please validate Signify NV's Semi Deviation of 2.17, risk adjusted performance of 0.0326, and Coefficient Of Variation of 2805.88 to confirm if the risk estimate we provide is consistent with the expected return of 0.042%.
Signify Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
Signify |
Sharpe Ratio = 0.0186
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| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
| Negative Returns | LIGHT |
Estimated Market Risk
| 2.26 actual daily | 20 80% of assets are more volatile |
Expected Return
| 0.04 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| 0.02 actual daily | 1 99% of assets perform better |
Based on monthly moving average Signify NV is performing at about 1% 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 Signify NV by adding it to a well-diversified portfolio.
Signify NV Valuation on November 14, 2024
It is possible to determine the worth of Signify NV on a given historical date. On November 14, 2024 Signify was worth 20.98 at the beginning of the trading date compared to the closed value of 21.72. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Signify NV stock. Still, in general, we apply an absolute valuation method to find Signify NV'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 Signify NV where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Signify NV's related companies.
| Open | High | Low | Close | Volume | |
| 21.20 | 21.32 | 20.76 | 20.94 | 304,839 | |
11/14/2024 | 20.98 | 21.84 | 20.92 | 21.72 | 516,698 |
| 21.50 | 22.26 | 21.50 | 22.10 | 476,041 |
| Backtest Signify NV | | | Signify NV History | | | Signify NV Valuation | Previous | Next |
Signify NV Trading Date Momentum on November 14, 2024
| On November 15 2024 Signify NV was traded for 22.10 at the closing time. The highest price during the trading period was 22.26 and the lowest recorded bid was listed for 21.50 . The volume for the day was 476 K. This history from November 15, 2024 contributed to the next trading day price jump. The trading delta at closing time to the next closing price was 1.75% . The trading price change to the current price is 0.64% . |
Signify NV Fundamentals Correlations and Trends
By evaluating Signify NV'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 Signify NV's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Signify financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Signify NV Stock history
Signify NV 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 Signify is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Signify NV 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 Signify NV stock prices may prove useful in developing a viable investing in Signify NV
Signify N.V., together with its subsidiaries, develops, manufactures, and sells lighting products worldwide. Signify N.V. was founded in 1891 and is headquartered in Eindhoven, the Netherlands. SIGNIFY NV is traded on Amsterdam Stock Exchange in Netherlands.
Signify NV Stock Technical Analysis
Signify NV 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.
Price Boundaries
Signify NV Period Price Range
Low | December 16, 2024
| High |
0.00 | 0.00 |
Signify NV cannot be verified against its exchange. Please verify the symbol is currently traded on Euronext Amsterdam. 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.
Signify NV December 16, 2024 Market Strength
Market strength indicators help investors to evaluate how Signify NV stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Signify NV shares will generate the highest return on investment. By undertsting and applying Signify NV stock market strength indicators, traders can identify Signify NV entry and exit signals to maximize returns
Signify NV Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Signify NV's price direction in advance. Along with the technical and fundamental analysis of Signify Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Signify 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 | 0.0326 | |||
| Jensen Alpha | 0.1001 | |||
| Total Risk Alpha | (0.21) | |||
| Sortino Ratio | (0.01) | |||
| Treynor Ratio | (0.21) |
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| Volume Indicators |
Complementary Tools for Signify Stock analysis
When running Signify NV's price analysis, check to measure Signify NV'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 Signify NV is operating at the current time. Most of Signify NV's value examination focuses on studying past and present price action to predict the probability of Signify NV's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Signify NV's price. Additionally, you may evaluate how the addition of Signify NV to your portfolios can decrease your overall portfolio volatility.
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