UPDATE SOFTWARE (Germany) Price on October 31, 2024
| UP2 Stock | 16.55 0.53 3.31% |
If you're considering investing in UPDATE Stock, it is important to understand the factors that can impact its price. As of today, the current price of UPDATE SOFTWARE stands at 16.55, as last reported on the 2nd of December, with the highest price reaching 16.57 and the lowest price hitting 16.10 during the day. UPDATE SOFTWARE is somewhat reliable given 3 months investment horizon. UPDATE SOFTWARE owns Efficiency Ratio (i.e., Sharpe Ratio) of 0.26, which indicates the firm had a 0.26% return per unit of volatility over the last 3 months. We were able to analyze twenty-nine different technical indicators, which can help you to evaluate if expected returns of 1.06% are justified by taking the suggested risk. Use UPDATE SOFTWARE risk adjusted performance of 0.1958, and Coefficient Of Variation of 407.33 to evaluate company specific risk that cannot be diversified away.
UPDATE Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
UPDATE |
Sharpe Ratio = 0.2573
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Estimated Market Risk
| 4.12 actual daily | 36 64% of assets are more volatile |
Expected Return
| 1.06 actual daily | 21 79% of assets have higher returns |
Risk-Adjusted Return
| 0.26 actual daily | 20 80% of assets perform better |
Based on monthly moving average UPDATE SOFTWARE is performing at about 20% 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 UPDATE SOFTWARE by adding it to a well-diversified portfolio.
UPDATE SOFTWARE Valuation on October 31, 2024
It is possible to determine the worth of UPDATE SOFTWARE on a given historical date. On October 31, 2024 UPDATE was worth 12.49 at the beginning of the trading date compared to the closed value of 12.42. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of UPDATE SOFTWARE stock. Still, in general, we apply an absolute valuation method to find UPDATE SOFTWARE'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 UPDATE SOFTWARE where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against UPDATE SOFTWARE's related companies.
| Open | High | Low | Close | Volume | |
| 12.54 | 12.76 | 12.48 | 12.56 | 13.00 | |
10/31/2024 | 12.49 | 12.56 | 12.33 | 12.42 | 13.00 |
| 12.47 | 13.03 | 12.47 | 12.85 | 13.00 |
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UPDATE SOFTWARE Trading Date Momentum on October 31, 2024
| On November 01 2024 UPDATE SOFTWARE was traded for 12.85 at the closing time. The maximum traded price for the trading interval was 13.03 and the lowest daily price was 12.47 . The daily volume was recorded at 13.0. The volume of trading on 1st of November 2024 played a part in the next trading day price growth. The trading price change to the next closing price was 3.46% . The trading price change to the closing price today is 20.53% . |
About UPDATE SOFTWARE Stock history
UPDATE SOFTWARE 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 UPDATE is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in UPDATE SOFTWARE 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 UPDATE SOFTWARE stock prices may prove useful in developing a viable investing in UPDATE SOFTWARE
UPDATE SOFTWARE Stock Technical Analysis
UPDATE SOFTWARE 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
UPDATE SOFTWARE Period Price Range
Low | December 2, 2024
| High |
0.00 | 0.00 |
UPDATE SOFTWARE cannot be verified against its exchange. Please verify the symbol is currently traded on Berlin 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.
UPDATE SOFTWARE December 2, 2024 Market Strength
Market strength indicators help investors to evaluate how UPDATE SOFTWARE stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading UPDATE SOFTWARE shares will generate the highest return on investment. By undertsting and applying UPDATE SOFTWARE stock market strength indicators, traders can identify UPDATE SOFTWARE entry and exit signals to maximize returns
UPDATE SOFTWARE Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for UPDATE SOFTWARE's price direction in advance. Along with the technical and fundamental analysis of UPDATE Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of UPDATE 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 | 0.1958 | |||
| Jensen Alpha | 0.9749 | |||
| Total Risk Alpha | 0.3127 | |||
| Sortino Ratio | 0.4552 | |||
| Treynor Ratio | 5.46 |
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| Volume Indicators |
Complementary Tools for UPDATE Stock analysis
When running UPDATE SOFTWARE's price analysis, check to measure UPDATE SOFTWARE'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 UPDATE SOFTWARE is operating at the current time. Most of UPDATE SOFTWARE's value examination focuses on studying past and present price action to predict the probability of UPDATE SOFTWARE's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move UPDATE SOFTWARE's price. Additionally, you may evaluate how the addition of UPDATE SOFTWARE to your portfolios can decrease your overall portfolio volatility.
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