Ceconomy Ag Adr Stock Price on February 19, 2024

MTTRY Stock  USD 0.50  0.01  1.96%   
If you're considering investing in Ceconomy Pink Sheet, it is important to understand the factors that can impact its price. As of today, the current price of Ceconomy stands at 0.50, as last reported on the 22nd of December, with the highest price reaching 0.50 and the lowest price hitting 0.50 during the day. Ceconomy AG ADR secures Sharpe Ratio (or Efficiency) of -0.017, which signifies that the company had a -0.017% return per unit of standard deviation over the last 3 months. Ceconomy AG ADR exposes twenty-two different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm Ceconomy's risk adjusted performance of (0.01), and Mean Deviation of 2.81 to double-check the risk estimate we provide.
  
Ceconomy Pink Sheet price history is provided at the adjusted basis, taking into account all of the recent filings.

Sharpe Ratio = -0.017

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Estimated Market Risk

 4.92
  actual daily
43
57% of assets are more volatile

Expected Return

 -0.08
  actual daily
0
Most of other assets have higher returns

Risk-Adjusted Return

 -0.02
  actual daily
0
Most of other assets perform better
Based on monthly moving average Ceconomy 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 Ceconomy by adding Ceconomy to a well-diversified portfolio.

Ceconomy Valuation on February 19, 2024

It is possible to determine the worth of Ceconomy on a given historical date. On February 19, 2024 Ceconomy was worth 0.43 at the beginning of the trading date compared to the closed value of 0.43. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Ceconomy pink sheet. Still, in general, we apply an absolute valuation method to find Ceconomy'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 Ceconomy where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Ceconomy's related companies.
 Open High Low Close Volume
  0.41    0.41    0.41    0.41    400.00  
02/16/2024
  0.43    0.43    0.43    0.43    200.00  
  0.43    0.43    0.43    0.43    1.00  
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Open Value
0.43
0.43
Closing Value
15.19
Upside

Ceconomy Trading Date Momentum on February 19, 2024

On February 20 2024 Ceconomy AG ADR was traded for  0.43  at the closing time. The highest daily price throughout the period was 0.43  and the lowest price was  0.43 . There was no trading activity during the period 1.0. Lack of trading volume on 02/20/2024 did not affect price variability. The overall trading delta to current closing price is 4.65% .

Ceconomy AG ADR Fundamentals Correlations and Trends

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

About Ceconomy Pink Sheet history

Ceconomy 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 Ceconomy is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Ceconomy AG ADR 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 Ceconomy stock prices may prove useful in developing a viable investing in Ceconomy
Ceconomy AG engages in the consumer electronics retail business. It operates in Germany, Austria, Switzerland, and Hungary, as well as in Western, Southern, and Eastern Europe. Metro Ag is traded on OTC Exchange in the United States.

Ceconomy Pink Sheet Technical Analysis

Ceconomy technical pink sheet 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, pink sheet market cycles, or different charting patterns.
A focus of Ceconomy technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of Ceconomy 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

Ceconomy Period Price Range

Low
December 22, 2024
0.00  NaN%
High

 0.00 

     

 0.00 

Ceconomy AG ADR cannot be verified against its exchange. Please verify the symbol is currently traded on PINK 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.

Ceconomy December 22, 2024 Market Strength

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

Ceconomy Technical and Predictive Indicators

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

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