Sonova Holding Ag Stock Price on October 3, 2024
SONVY Stock | USD 66.81 0.60 0.89% |
If you're considering investing in Sonova Pink Sheet, it is important to understand the factors that can impact its price. As of today, the current price of Sonova Holding stands at 66.81, as last reported on the 11th of December 2024, with the highest price reaching 67.36 and the lowest price hitting 66.81 during the day. Sonova Holding AG owns Efficiency Ratio (i.e., Sharpe Ratio) of -0.0564, which indicates the firm had a -0.0564% return per unit of risk over the last 3 months. Sonova Holding AG exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please validate Sonova Holding's Risk Adjusted Performance of (0.02), coefficient of variation of (2,723), and Variance of 2.53 to confirm the risk estimate we provide.
Sonova Pink Sheet price history is provided at the adjusted basis, taking into account all of the recent filings.
Sonova |
Sharpe Ratio = -0.0564
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Estimated Market Risk
1.62 actual daily | 14 86% of assets are more volatile |
Expected Return
-0.09 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
-0.06 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Sonova Holding 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 Sonova Holding by adding Sonova Holding to a well-diversified portfolio.
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Sonova Holding Valuation on October 3, 2024
It is possible to determine the worth of Sonova Holding on a given historical date. On October 3, 2024 Sonova was worth 73.83 at the beginning of the trading date compared to the closed value of 74.0. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Sonova Holding pink sheet. Still, in general, we apply an absolute valuation method to find Sonova Holding'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 Sonova Holding where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Sonova Holding's related companies.
Open | High | Low | Close | Volume | |
70.96 | 72.13 | 70.96 | 72.13 | 1,422 | |
10/03/2024 | 73.83 | 74.20 | 73.41 | 74.00 | 150,000 |
73.53 | 73.64 | 73.22 | 73.64 | 526.00 |
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Sonova Holding Trading Date Momentum on October 3, 2024
On October 04 2024 Sonova Holding AG was traded for 73.64 at the closing time. The highest daily price throughout the period was 73.64 and the lowest price was 73.22 . The daily volume was 526. The net trading volume on 10/04/2024 added to the next day price reduction. The trading price change to closing price of the next trading day was 0.49% . The trading price change to current closing price is 0.77% . |
Sonova Holding AG Fundamentals Correlations and Trends
By evaluating Sonova Holding'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 Sonova Holding's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Sonova financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Sonova Holding Pink Sheet history
Sonova Holding 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 Sonova is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Sonova Holding AG 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 Sonova Holding stock prices may prove useful in developing a viable investing in Sonova Holding
Sonova Holding AG designs, develops, manufactures, and distributes hearing care solutions for adults and children. Sonova Holding AG was founded in 1947 and is headquartered in Stfa, Switzerland. SONOVA HOLDING operates under Medical Devices classification in the United States and is traded on OTC Exchange. It employs 16733 people.
Sonova Holding Pink Sheet Technical Analysis
Sonova Holding technical pink sheet 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, pink sheet market cycles, or different charting patterns.
Price Boundaries
Sonova Holding Period Price Range
Low | December 11, 2024
| High |
0.00 | 0.00 |
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Sonova Holding December 11, 2024 Market Strength
Market strength indicators help investors to evaluate how Sonova Holding pink sheet reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Sonova Holding shares will generate the highest return on investment. By undertsting and applying Sonova Holding pink sheet market strength indicators, traders can identify Sonova Holding AG entry and exit signals to maximize returns
Sonova Holding Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Sonova Holding's price direction in advance. Along with the technical and fundamental analysis of Sonova Pink Sheet historical price patterns, it is also worthwhile for investors to track various predictive indicators of Sonova 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 | (0.13) | |||
Total Risk Alpha | (0.32) | |||
Treynor Ratio | (0.13) |
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Additional Tools for Sonova Pink Sheet Analysis
When running Sonova Holding's price analysis, check to measure Sonova Holding'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 Sonova Holding is operating at the current time. Most of Sonova Holding's value examination focuses on studying past and present price action to predict the probability of Sonova Holding's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Sonova Holding's price. Additionally, you may evaluate how the addition of Sonova Holding to your portfolios can decrease your overall portfolio volatility.