OVH Groupe (France) Price on June 28, 2024
| OVH Stock | 8.32 0.05 0.60% |
If you're considering investing in OVH Stock, it is important to understand the factors that can impact its price. As of today, the current price of OVH Groupe stands at 8.32, as last reported on the 15th of December 2024, with the highest price reaching 8.43 and the lowest price hitting 8.27 during the day. OVH Groupe appears to be somewhat reliable, given 3 months investment horizon. OVH Groupe SAS maintains Sharpe Ratio (i.e., Efficiency) of 0.2, which implies the firm had a 0.2% return per unit of volatility over the last 3 months. We have found twenty-nine technical indicators for OVH Groupe SAS, which you can use to evaluate the volatility of the company. Please evaluate OVH Groupe's risk adjusted performance of 0.1528, and Semi Deviation of 1.02 to confirm if our risk estimates are consistent with your expectations.
OVH Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
OVH |
Sharpe Ratio = 0.2034
| Best Portfolio | Best Equity | |||
| Good Returns | ||||
| Average Returns | ||||
| Small Returns | OVH | |||
| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
| Negative Returns |
Estimated Market Risk
| 2.39 actual daily | 21 79% of assets are more volatile |
Expected Return
| 0.49 actual daily | 9 91% of assets have higher returns |
Risk-Adjusted Return
| 0.2 actual daily | 16 84% of assets perform better |
Based on monthly moving average OVH Groupe is performing at about 16% 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 OVH Groupe by adding it to a well-diversified portfolio.
OVH Groupe Valuation on June 28, 2024
It is possible to determine the worth of OVH Groupe on a given historical date. On June 28, 2024 OVH was worth 6.08 at the beginning of the trading date compared to the closed value of 5.83. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of OVH Groupe stock. Still, in general, we apply an absolute valuation method to find OVH Groupe'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 OVH Groupe where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against OVH Groupe's related companies.
| Open | High | Low | Close | Volume | |
| 5.64 | 6.17 | 5.62 | 6.08 | 883,774 | |
06/28/2024 | 6.08 | 6.08 | 5.68 | 5.83 | 306,975 |
| 5.90 | 6.12 | 5.78 | 5.93 | 220,468 |
| Backtest OVH Groupe | | | OVH Groupe History | Previous | Next |
OVH Groupe Trading Date Momentum on June 28, 2024
| On July 01 2024 OVH Groupe SAS was traded for 5.93 at the closing time. The maximum traded price for the trading interval was 6.12 and the lowest daily price was 5.78 . The daily volume was recorded at 220.5 K. The volume of trading on 1st of July 2024 played a part in the next trading day price jump. The trading delta at closing time to the next closing price was 1.72% . The trading delta at closing time to the closing price today is 0.86% . |
Price Boundaries
OVH Groupe Period Price Range
Low | December 15, 2024
| High |
0.00 | 0.00 |
OVH Groupe SAS cannot be verified against its exchange. Please verify the symbol is currently traded on Euronext Paris. 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.
OVH Groupe December 15, 2024 Market Strength
Market strength indicators help investors to evaluate how OVH Groupe stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading OVH Groupe shares will generate the highest return on investment. By undertsting and applying OVH Groupe stock market strength indicators, traders can identify OVH Groupe SAS entry and exit signals to maximize returns
OVH Groupe Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for OVH Groupe's price direction in advance. Along with the technical and fundamental analysis of OVH Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of OVH 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 | 0.1528 | |||
| Jensen Alpha | 0.5178 | |||
| Total Risk Alpha | 0.174 | |||
| Sortino Ratio | 0.2615 | |||
| Treynor Ratio | (0.91) |
| Cycle Indicators | ||
| Math Operators | ||
| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
Complementary Tools for OVH Stock analysis
When running OVH Groupe's price analysis, check to measure OVH Groupe'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 OVH Groupe is operating at the current time. Most of OVH Groupe's value examination focuses on studying past and present price action to predict the probability of OVH Groupe's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move OVH Groupe's price. Additionally, you may evaluate how the addition of OVH Groupe to your portfolios can decrease your overall portfolio volatility.
| Theme Ratings Determine theme ratings based on digital equity recommendations. Macroaxis theme ratings are based on combination of fundamental analysis and risk-adjusted market performance | |
| Equity Forecasting Use basic forecasting models to generate price predictions and determine price momentum | |
| Portfolio Suggestion Get suggestions outside of your existing asset allocation including your own model portfolios | |
| Commodity Directory Find actively traded commodities issued by global exchanges | |
| Commodity Channel Use Commodity Channel Index to analyze current equity momentum | |
| Idea Analyzer Analyze all characteristics, volatility and risk-adjusted return of Macroaxis ideas | |
| Idea Breakdown Analyze constituents of all Macroaxis ideas. Macroaxis investment ideas are predefined, sector-focused investing themes | |
| Sync Your Broker Sync your existing holdings, watchlists, positions or portfolios from thousands of online brokerage services, banks, investment account aggregators and robo-advisors. | |
| Crypto Correlations Use cryptocurrency correlation module to diversify your cryptocurrency portfolio across multiple coins |