Sonova H (Switzerland) Price on October 22, 2024
| SOON Stock | CHF 301.00 3.00 0.99% |
If you're considering investing in Sonova Stock, it is important to understand the factors that can impact its price. As of today, the current price of Sonova H stands at 301.00, as last reported on the 29th of November, with the highest price reaching 306.50 and the lowest price hitting 300.50 during the day. At this stage we consider Sonova Stock to be very steady. Sonova H Ag owns Efficiency Ratio (i.e., Sharpe Ratio) of 0.0283, which indicates the firm had a 0.0283% return per unit of risk over the last 3 months. We have found twenty-nine technical indicators for Sonova H Ag, which you can use to evaluate the volatility of the company. Please validate Sonova H's Risk Adjusted Performance of 0.0257, semi deviation of 1.44, and Coefficient Of Variation of 3758.45 to confirm if the risk estimate we provide is consistent with the expected return of 0.0471%.
Sonova Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
Sonova |
Sharpe Ratio = 0.0283
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| Negative Returns | SOON |
Estimated Market Risk
| 1.66 actual daily | 14 86% of assets are more volatile |
Expected Return
| 0.05 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| 0.03 actual daily | 2 98% of assets perform better |
Based on monthly moving average Sonova H is performing at about 2% 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 Sonova H by adding it to a well-diversified portfolio.
Sonova H Valuation on October 22, 2024
It is possible to determine the worth of Sonova H on a given historical date. On October 22, 2024 Sonova was worth 319.3 at the beginning of the trading date compared to the closed value of 319.0. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Sonova H stock. Still, in general, we apply an absolute valuation method to find Sonova H'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 H where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Sonova H's related companies.
| Open | High | Low | Close | Volume | |
| 322.30 | 324.50 | 320.60 | 320.60 | 89,597 | |
10/22/2024 | 319.30 | 320.60 | 317.30 | 319.00 | 106,940 |
| 319.90 | 319.90 | 316.10 | 316.10 | 85,748 |
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Sonova H Trading Date Momentum on October 22, 2024
| On October 23 2024 Sonova H Ag was traded for 316.10 at the closing time. The highest price during the trading period was 319.90 and the lowest recorded bid was listed for 316.10 . The volume for the day was 85.7 K. This history from October 23, 2024 contributed to the next trading day price decline. The trading price change to the next closing price was 0.91% . The trading price change to the current price is 1.00% . |
Sonova H Ag Fundamentals Correlations and Trends
By evaluating Sonova H'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 H'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 H Stock history
Sonova H 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 H 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 H stock prices may prove useful in developing a viable investing in Sonova H
Sonova Holding AG designs, develops, manufactures, and distributes hearing systems for adults and children with hearing impairment. Sonova Holding AG was founded in 1947 and is headquartered in Stfa, Switzerland. SONOVA N operates under Medical Instruments Supplies classification in Switzerland and is traded on Switzerland Exchange. It employs 14740 people.
Sonova H Stock Technical Analysis
Sonova H 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
Sonova H Period Price Range
Low | November 29, 2024
| High |
0.00 | 0.00 |
Sonova H Ag cannot be verified against its exchange. Please verify the symbol is currently traded on SIX Swiss 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.
Sonova H November 29, 2024 Market Strength
Market strength indicators help investors to evaluate how Sonova H stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Sonova H shares will generate the highest return on investment. By undertsting and applying Sonova H stock market strength indicators, traders can identify Sonova H Ag entry and exit signals to maximize returns
Sonova H Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Sonova H's price direction in advance. Along with the technical and fundamental analysis of Sonova Stock 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 | 0.0257 | |||
| Jensen Alpha | 0.0674 | |||
| Total Risk Alpha | (0.21) | |||
| Sortino Ratio | (0.05) | |||
| Treynor Ratio | (0.11) |
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Additional Tools for Sonova Stock Analysis
When running Sonova H's price analysis, check to measure Sonova H'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 H is operating at the current time. Most of Sonova H's value examination focuses on studying past and present price action to predict the probability of Sonova H'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 H's price. Additionally, you may evaluate how the addition of Sonova H to your portfolios can decrease your overall portfolio volatility.