NEWFOUNDLAND DISCOVCORP (Germany) Price on December 17, 2024
| M4K Stock | 0.04 0.00 0.00% |
If you're considering investing in NEWFOUNDLAND Stock, it is important to understand the factors that can impact its price. As of today, the current price of NEWFOUNDLAND DISCOVCORP stands at 0.04, as last reported on the 29th of December, with the highest price reaching 0.04 and the lowest price hitting 0.04 during the day. NEWFOUNDLAND DISCOVCORP is out of control given 3 months investment horizon. NEWFOUNDLAND DISCOVCORP has Sharpe Ratio of 0.17, which conveys that the firm had a 0.17% return per unit of standard deviation over the last 3 months. We were able to interpolate twenty-four different technical indicators, which can help you to evaluate if expected returns of 9.41% are justified by taking the suggested risk. Use NEWFOUNDLAND DISCOVCORP Mean Deviation of 36.85, market risk adjusted performance of (1.54), and Risk Adjusted Performance of 0.1698 to evaluate company specific risk that cannot be diversified away.
NEWFOUNDLAND Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
NEWFOUNDLAND |
Sharpe Ratio = 0.1712
| Best Portfolio | Best Equity | M4K | ||
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Estimated Market Risk
| 54.95 actual daily | 96 96% of assets are less volatile |
Expected Return
| 5.01 actual daily | 96 96% of assets have lower returns |
Risk-Adjusted Return
| 0.17 actual daily | 13 87% of assets perform better |
Based on monthly moving average NEWFOUNDLAND DISCOVCORP is performing at about 13% 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 NEWFOUNDLAND DISCOVCORP by adding it to a well-diversified portfolio.
NEWFOUNDLAND DISCOVCORP Valuation on December 17, 2024
It is possible to determine the worth of NEWFOUNDLAND DISCOVCORP on a given historical date. On December 17, 2024 NEWFOUNDLAND was worth 0.0368 at the beginning of the trading date compared to the closed value of 0.0368. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of NEWFOUNDLAND DISCOVCORP stock. Still, in general, we apply an absolute valuation method to find NEWFOUNDLAND DISCOVCORP'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 NEWFOUNDLAND DISCOVCORP where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against NEWFOUNDLAND DISCOVCORP's related companies.
| Open | High | Low | Close | Volume | |
| 0.04 | 0.04 | 0.04 | 0.04 | 1.00 | |
12/17/2024 | 0.04 | 0.04 | 0.04 | 0.04 | 1.00 |
| 0.04 | 0.04 | 0.04 | 0.04 | 1.00 |
| Backtest NEWFOUNDLAND DISCOVCORP | | | NEWFOUNDLAND DISCOVCORP History | Previous | Next |
NEWFOUNDLAND DISCOVCORP Trading Date Momentum on December 17, 2024
| On December 18 2024 NEWFOUNDLAND DISCOVCORP was traded for 0.04 at the closing time. The highest daily price throughout the period was 0.04 and the lowest price was 0.04 . There was no trading activity during the period 1.0. Lack of trading volume on 12/18/2024 added to the next day price reduction. The trading delta at closing time to closing price of the next trading day was 2.17% . The trading delta at closing time to current closing price is 0.54% . |
About NEWFOUNDLAND DISCOVCORP Stock history
NEWFOUNDLAND DISCOVCORP 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 NEWFOUNDLAND is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in NEWFOUNDLAND DISCOVCORP 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 NEWFOUNDLAND DISCOVCORP stock prices may prove useful in developing a viable investing in NEWFOUNDLAND DISCOVCORP
NEWFOUNDLAND DISCOVCORP Stock Technical Analysis
NEWFOUNDLAND DISCOVCORP 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
NEWFOUNDLAND DISCOVCORP Period Price Range
Low | December 29, 2024
| High |
0.00 | 0.00 |
NEWFOUNDLAND DISCOVCORP cannot be verified against its exchange. Please verify the symbol is currently traded on Frankfurt 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.
NEWFOUNDLAND DISCOVCORP December 29, 2024 Market Strength
Market strength indicators help investors to evaluate how NEWFOUNDLAND DISCOVCORP stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading NEWFOUNDLAND DISCOVCORP shares will generate the highest return on investment. By undertsting and applying NEWFOUNDLAND DISCOVCORP stock market strength indicators, traders can identify NEWFOUNDLAND DISCOVCORP entry and exit signals to maximize returns
NEWFOUNDLAND DISCOVCORP Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for NEWFOUNDLAND DISCOVCORP's price direction in advance. Along with the technical and fundamental analysis of NEWFOUNDLAND Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of NEWFOUNDLAND 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 | 0.1698 | |||
| Jensen Alpha | 12.03 | |||
| Total Risk Alpha | 10.21 | |||
| Sortino Ratio | 0.3339 | |||
| Treynor Ratio | (1.55) |
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| Volume Indicators |
Complementary Tools for NEWFOUNDLAND Stock analysis
When running NEWFOUNDLAND DISCOVCORP's price analysis, check to measure NEWFOUNDLAND DISCOVCORP'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 NEWFOUNDLAND DISCOVCORP is operating at the current time. Most of NEWFOUNDLAND DISCOVCORP's value examination focuses on studying past and present price action to predict the probability of NEWFOUNDLAND DISCOVCORP's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move NEWFOUNDLAND DISCOVCORP's price. Additionally, you may evaluate how the addition of NEWFOUNDLAND DISCOVCORP to your portfolios can decrease your overall portfolio volatility.
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