Patterson Companies (Germany) Price on October 19, 2023
| PD2 Stock | EUR 29.60 0.20 0.67% |
If you're considering investing in Patterson Stock, it is important to understand the factors that can impact its price. As of today, the current price of Patterson Companies stands at 29.60, as last reported on the 26th of December, with the highest price reaching 29.80 and the lowest price hitting 29.60 during the day. Patterson Companies appears to be not too volatile, given 3 months investment horizon. Patterson Companies maintains Sharpe Ratio (i.e., Efficiency) of 0.16, which implies the firm had a 0.16% return per unit of risk over the last 3 months. By analyzing Patterson Companies' technical indicators, you can evaluate if the expected return of 0.77% is justified by implied risk. Please evaluate Patterson Companies' Semi Deviation of 1.36, coefficient of variation of 612.34, and Risk Adjusted Performance of 0.1389 to confirm if our risk estimates are consistent with your expectations.
Patterson Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
Patterson |
Sharpe Ratio = 0.1627
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Estimated Market Risk
| 4.75 actual daily | 42 58% of assets are more volatile |
Expected Return
| 0.77 actual daily | 15 85% of assets have higher returns |
Risk-Adjusted Return
| 0.16 actual daily | 12 88% of assets perform better |
Based on monthly moving average Patterson Companies is performing at about 12% 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 Patterson Companies by adding it to a well-diversified portfolio.
Patterson Companies Valuation on October 19, 2023
It is possible to determine the worth of Patterson Companies on a given historical date. On October 19, 2023 Patterson was worth 27.72 at the beginning of the trading date compared to the closed value of 27.34. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Patterson Companies stock. Still, in general, we apply an absolute valuation method to find Patterson Companies' 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 Patterson Companies where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Patterson Companies' related companies.
| Open | High | Low | Close | Volume | |
| 27.28 | 28.04 | 27.28 | 27.66 | 2,000 | |
10/19/2023 | 27.72 | 27.72 | 27.34 | 27.34 | 1.00 |
| 27.15 | 27.15 | 27.15 | 27.15 | 1.00 |
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Patterson Companies Trading Date Momentum on October 19, 2023
| On October 20 2023 Patterson Companies was traded for 27.15 at the closing time. The highest daily price throughout the period was 27.15 and the lowest price was 27.15 . There was no trading activity during the period 1.0. Lack of trading volume on 10/20/2023 added to the next day price reduction. The trading delta at closing time to closing price of the next trading day was 0.69% . The trading delta at closing time to current closing price is 0.69% . |
Patterson Companies Fundamentals Correlations and Trends
By evaluating Patterson Companies' financials over time, investors can gain insight into future company performance. However, you can also analyze the published financial statements to find patterns among Patterson Companies' main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Patterson financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Patterson Companies Stock history
Patterson Companies 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 Patterson is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Patterson Companies 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 Patterson Companies stock prices may prove useful in developing a viable investing in Patterson Companies
Patterson Companies, Inc. distributes and sells dental and animal health products in the United States, the United Kingdom, and Canada. Patterson Companies, Inc. was founded in 1877 and is headquartered in St. PATTERSON COS operates under Medical Distribution classification in Germany and is traded on Frankfurt Stock Exchange. It employs 7800 people.
Patterson Companies Stock Technical Analysis
Patterson Companies 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
Patterson Companies Period Price Range
Low | December 26, 2024
| High |
0.00 | 0.00 |
Patterson Companies 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.
Patterson Companies December 26, 2024 Market Strength
Market strength indicators help investors to evaluate how Patterson Companies stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Patterson Companies shares will generate the highest return on investment. By undertsting and applying Patterson Companies stock market strength indicators, traders can identify Patterson Companies entry and exit signals to maximize returns
Patterson Companies Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Patterson Companies' price direction in advance. Along with the technical and fundamental analysis of Patterson Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Patterson 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 | 0.1389 | |||
| Jensen Alpha | 0.7505 | |||
| Total Risk Alpha | 0.5493 | |||
| Sortino Ratio | 0.314 | |||
| Treynor Ratio | 17.01 |
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Complementary Tools for Patterson Stock analysis
When running Patterson Companies' price analysis, check to measure Patterson Companies' 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 Patterson Companies is operating at the current time. Most of Patterson Companies' value examination focuses on studying past and present price action to predict the probability of Patterson Companies' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Patterson Companies' price. Additionally, you may evaluate how the addition of Patterson Companies to your portfolios can decrease your overall portfolio volatility.
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