SIDETRADE (Germany) Price on December 3, 2024
| 7QG Stock | 216.00 1.00 0.46% |
If you're considering investing in SIDETRADE Stock, it is important to understand the factors that can impact its price. As of today, the current price of SIDETRADE stands at 216.00, as last reported on the 12th of December 2024, with the highest price reaching 216.00 and the lowest price hitting 216.00 during the day. At this point, SIDETRADE is very steady. SIDETRADE EO 1 owns Efficiency Ratio (i.e., Sharpe Ratio) of 0.0527, which indicates the firm had a 0.0527% return per unit of volatility over the last 3 months. We have found twenty-seven technical indicators for SIDETRADE EO 1, which you can use to evaluate the volatility of the company. Please validate SIDETRADE's risk adjusted performance of 0.0767, and Coefficient Of Variation of 1032.24 to confirm if the risk estimate we provide is consistent with the expected return of 0.0984%.
SIDETRADE Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
SIDETRADE |
Sharpe Ratio = 0.0527
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| Cash | Small Risk | 7QG | High Risk | Huge Risk |
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Estimated Market Risk
| 1.87 actual daily | 16 84% of assets are more volatile |
Expected Return
| 0.1 actual daily | 1 99% of assets have higher returns |
Risk-Adjusted Return
| 0.05 actual daily | 4 96% of assets perform better |
Based on monthly moving average SIDETRADE is performing at about 4% 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 SIDETRADE by adding it to a well-diversified portfolio.
SIDETRADE Valuation on December 3, 2024
It is possible to determine the worth of SIDETRADE on a given historical date. On December 3, 2024 SIDETRADE was worth 224.0 at the beginning of the trading date compared to the closed value of 224.0. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of SIDETRADE stock. Still, in general, we apply an absolute valuation method to find SIDETRADE'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 SIDETRADE where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against SIDETRADE's related companies.
| Open | High | Low | Close | Volume | |
| 224.00 | 224.00 | 224.00 | 224.00 | 1.00 | |
12/03/2024 | 224.00 | 224.00 | 224.00 | 224.00 | 1.00 |
| 219.00 | 219.00 | 219.00 | 219.00 | 1.00 |
| Backtest SIDETRADE | | | SIDETRADE History | | | SIDETRADE Valuation | Previous | Next |
SIDETRADE Trading Date Momentum on December 3, 2024
| On December 04 2024 SIDETRADE EO 1 was traded for 219.00 at the closing time. The highest daily price throughout the period was 219.00 and the lowest price was 219.00 . There was no trading activity during the period 1.0. Lack of trading volume on 12/04/2024 added to the next day price reduction. The daily price change to closing price of the next trading day was 2.23% . The trading price change to current closing price is 3.57% . |
SIDETRADE EO 1 Fundamentals Correlations and Trends
By evaluating SIDETRADE'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 SIDETRADE's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. SIDETRADE financial account trend analysis is a perfect complement when working with valuation or volatility modules.About SIDETRADE Stock history
SIDETRADE 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 SIDETRADE is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in SIDETRADE EO 1 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 SIDETRADE stock prices may prove useful in developing a viable investing in SIDETRADE
SIDETRADE Stock Technical Analysis
SIDETRADE 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
SIDETRADE Period Price Range
Low | December 12, 2024
| High |
0.00 | 0.00 |
SIDETRADE EO 1 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.
SIDETRADE December 12, 2024 Market Strength
Market strength indicators help investors to evaluate how SIDETRADE stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading SIDETRADE shares will generate the highest return on investment. By undertsting and applying SIDETRADE stock market strength indicators, traders can identify SIDETRADE EO 1 entry and exit signals to maximize returns
SIDETRADE Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for SIDETRADE's price direction in advance. Along with the technical and fundamental analysis of SIDETRADE Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of SIDETRADE 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 | 0.0767 | |||
| Jensen Alpha | 0.1423 | |||
| Total Risk Alpha | (0.15) | |||
| Sortino Ratio | 0.0402 | |||
| Treynor Ratio | 0.3819 |
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| Volume Indicators |
Complementary Tools for SIDETRADE Stock analysis
When running SIDETRADE's price analysis, check to measure SIDETRADE'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 SIDETRADE is operating at the current time. Most of SIDETRADE's value examination focuses on studying past and present price action to predict the probability of SIDETRADE's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move SIDETRADE's price. Additionally, you may evaluate how the addition of SIDETRADE to your portfolios can decrease your overall portfolio volatility.
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