ROHM (Germany) Price on December 5, 2024
ROM Stock | EUR 8.94 0.35 4.07% |
If you're considering investing in ROHM Stock, it is important to understand the factors that can impact its price. As of today, the current price of ROHM stands at 8.94, as last reported on the 28th of December, with the highest price reaching 8.94 and the lowest price hitting 8.94 during the day. ROHM maintains Sharpe Ratio (i.e., Efficiency) of -0.0687, which implies the firm had a -0.0687% return per unit of volatility over the last 3 months. ROHM exposes twenty-one different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please check ROHM's risk adjusted performance of (0.02), and Coefficient Of Variation of (2,925) to confirm the risk estimate we provide.
ROHM Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
ROHM |
Sharpe Ratio = -0.0687
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Estimated Market Risk
2.26 actual daily | 20 80% of assets are more volatile |
Expected Return
-0.16 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
-0.07 actual daily | 0 Most of other assets perform better |
Based on monthly moving average ROHM 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 ROHM by adding ROHM to a well-diversified portfolio.
ROHM Valuation on December 5, 2024
It is possible to determine the worth of ROHM on a given historical date. On December 5, 2024 ROHM was worth 8.72 at the beginning of the trading date compared to the closed value of 8.72. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of ROHM stock. Still, in general, we apply an absolute valuation method to find ROHM'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 ROHM where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against ROHM's related companies.
Open | High | Low | Close | Volume | |
8.83 | 8.83 | 8.83 | 8.83 | 350.00 | |
12/05/2024 | 8.72 | 8.72 | 8.72 | 8.72 | 350.00 |
8.60 | 8.60 | 8.57 | 8.57 | 2,800 |
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ROHM Trading Date Momentum on December 5, 2024
On December 06 2024 ROHM Co was traded for 8.57 at the closing time. The highest daily price throughout the period was 8.60 and the lowest price was 8.57 . The daily volume was 2.8 K. The net trading volume on 12/06/2024 added to the next day price reduction. The trading delta at closing time to closing price of the next trading day was 1.72% . The trading delta at closing time to current closing price is 3.21% . |
ROHM Fundamentals Correlations and Trends
By evaluating ROHM'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 ROHM's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. ROHM financial account trend analysis is a perfect complement when working with valuation or volatility modules.About ROHM Stock history
ROHM 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 ROHM is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in ROHM 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 ROHM stock prices may prove useful in developing a viable investing in ROHM
ROHM Co., Ltd. manufactures and sells electronic components in Japan, the Americas, Europe, Asia, and internationally. ROHM Co., Ltd. was founded in 1958 and is headquartered in Kyoto, Japan. ROHM Co operates under Semiconductors classification in Germany and is traded on Frankfurt Stock Exchange. It employs 22899 people.
ROHM Stock Technical Analysis
ROHM 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
ROHM Period Price Range
Low | December 28, 2024
| High |
0.00 | 0.00 |
ROHM Co 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.
ROHM December 28, 2024 Market Strength
Market strength indicators help investors to evaluate how ROHM stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading ROHM shares will generate the highest return on investment. By undertsting and applying ROHM stock market strength indicators, traders can identify ROHM Co entry and exit signals to maximize returns
ROHM Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for ROHM's price direction in advance. Along with the technical and fundamental analysis of ROHM Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of ROHM 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 | (0.02) | |||
Jensen Alpha | (0.09) | |||
Total Risk Alpha | (0.15) | |||
Treynor Ratio | 0.5506 |
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Volume Indicators |
Complementary Tools for ROHM Stock analysis
When running ROHM's price analysis, check to measure ROHM'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 ROHM is operating at the current time. Most of ROHM's value examination focuses on studying past and present price action to predict the probability of ROHM's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move ROHM's price. Additionally, you may evaluate how the addition of ROHM to your portfolios can decrease your overall portfolio volatility.
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