Oeneo SA (France) Price on December 10, 2024

If you're considering investing in Oeneo Stock, it is important to understand the factors that can impact its price. Oeneo SA maintains Sharpe Ratio (i.e., Efficiency) of -0.12, which implies the firm had a -0.12% return per unit of risk over the last 3 months. Oeneo SA exposes fifteen different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please check Oeneo SA's Risk Adjusted Performance of (0.1), coefficient of variation of (839.69), and Variance of 1.47 to confirm the risk estimate we provide.
  
Oeneo Stock price history is provided at the adjusted basis, taking into account all of the recent filings.

Sharpe Ratio = -0.1191

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Estimated Market Risk

 1.21
  actual daily
10
90% of assets are more volatile

Expected Return

 -0.14
  actual daily
0
Most of other assets have higher returns

Risk-Adjusted Return

 -0.12
  actual daily
0
Most of other assets perform better
Based on monthly moving average Oeneo SA 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 Oeneo SA by adding Oeneo SA to a well-diversified portfolio.

Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.

Price Boundaries

Oeneo SA Period Price Range

Low
January 19, 2025
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High

 0.00 

     

 0.00 

Oeneo SA 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.

Oeneo SA January 19, 2025 Market Strength

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

Oeneo SA Technical and Predictive Indicators

Predictive indicators are helping investors to find signals for Oeneo SA's price direction in advance. Along with the technical and fundamental analysis of Oeneo Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Oeneo 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.
Check out World Market Map to better understand how to build diversified portfolios. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.
You can also try the Pair Correlation module to compare performance and examine fundamental relationship between any two equity instruments.

Other Tools for Oeneo Stock

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