Pyrum Innovations (Norway) Price on November 27, 2024
| PYRUM Stock | 344.00 6.00 1.78% |
If you're considering investing in Pyrum Stock, it is important to understand the factors that can impact its price. As of today, the current price of Pyrum Innovations stands at 344.00, as last reported on the 15th of December 2024, with the highest price reaching 345.00 and the lowest price hitting 344.00 during the day. Pyrum Innovations appears to be very steady, given 3 months investment horizon. Pyrum Innovations maintains Sharpe Ratio (i.e., Efficiency) of 0.084, which implies the firm had a 0.084% return per unit of risk over the last 3 months. We have found thirty technical indicators for Pyrum Innovations, which you can use to evaluate the volatility of the company. Please evaluate Pyrum Innovations' Semi Deviation of 2.12, coefficient of variation of 1919.39, and Risk Adjusted Performance of 0.0457 to confirm if our risk estimates are consistent with your expectations.
Pyrum Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
Pyrum |
Sharpe Ratio = 0.084
| Best Portfolio | Best Equity | |||
| Good Returns | ||||
| Average Returns | ||||
| Small Returns | PYRUM | |||
| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
| Negative Returns |
Estimated Market Risk
| 3.32 actual daily | 29 71% of assets are more volatile |
Expected Return
| 0.28 actual daily | 5 95% of assets have higher returns |
Risk-Adjusted Return
| 0.08 actual daily | 6 94% of assets perform better |
Based on monthly moving average Pyrum Innovations is performing at about 6% 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 Pyrum Innovations by adding it to a well-diversified portfolio.
Pyrum Innovations Valuation on November 27, 2024
It is possible to determine the worth of Pyrum Innovations on a given historical date. On November 27, 2024 Pyrum was worth 352.0 at the beginning of the trading date compared to the closed value of 345.0. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Pyrum Innovations stock. Still, in general, we apply an absolute valuation method to find Pyrum Innovations' 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 Pyrum Innovations where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Pyrum Innovations' related companies.
| Open | High | Low | Close | Volume | |
| 347.00 | 354.00 | 347.00 | 350.00 | 1,655 | |
11/27/2024 | 352.00 | 355.00 | 339.00 | 345.00 | 680.00 |
| 345.00 | 354.00 | 345.00 | 345.00 | 371.00 |
| Backtest Pyrum Innovations | | | Pyrum Innovations History | | | Pyrum Innovations Valuation | Previous | Next |
Pyrum Innovations Trading Date Momentum on November 27, 2024
| On November 28 2024 Pyrum Innovations AG was traded for 345.00 at the closing time. The highest price during the trading period was 354.00 and the lowest recorded bid was listed for 345.00 . The volume for the day was 371. This history from November 28, 2024 did not cause price change. The trading delta at closing time to the current price is 0.00% . |
Pyrum Innovations Fundamentals Correlations and Trends
By evaluating Pyrum Innovations' financials over time, investors can gain insight into future company performance. However, you can also analyze the published financial statements to find patterns among Pyrum Innovations' main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Pyrum financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Pyrum Innovations Stock history
Pyrum Innovations 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 Pyrum is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Pyrum Innovations 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 Pyrum Innovations stock prices may prove useful in developing a viable investing in Pyrum Innovations
Pyrum Innovations Stock Technical Analysis
Pyrum Innovations 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
Pyrum Innovations Period Price Range
Low | December 15, 2024
| High |
0.00 | 0.00 |
Pyrum Innovations AG cannot be verified against its exchange. Please verify the symbol is currently traded on Oslo Stock 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.
Pyrum Innovations December 15, 2024 Market Strength
Market strength indicators help investors to evaluate how Pyrum Innovations stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Pyrum Innovations shares will generate the highest return on investment. By undertsting and applying Pyrum Innovations stock market strength indicators, traders can identify Pyrum Innovations AG entry and exit signals to maximize returns
Pyrum Innovations Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Pyrum Innovations' price direction in advance. Along with the technical and fundamental analysis of Pyrum Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Pyrum 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 | 0.0457 | |||
| Jensen Alpha | 0.1706 | |||
| Total Risk Alpha | (0.26) | |||
| Sortino Ratio | 0.0281 | |||
| Treynor Ratio | (7.85) |
| Cycle Indicators | ||
| Math Operators | ||
| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
Other Information on Investing in Pyrum Stock
Pyrum Innovations financial ratios help investors to determine whether Pyrum Stock is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in Pyrum with respect to the benefits of owning Pyrum Innovations security.