SCANDION ONC (Germany) Price on December 20, 2024
| 8VY Stock | EUR 0.01 0.0004 5.71% |
If you're considering investing in SCANDION Stock, it is important to understand the factors that can impact its price. As of today, the current price of SCANDION ONC stands at 0.01, as last reported on the 20th of December, with the highest price reaching 0.01 and the lowest price hitting 0.01 during the day. SCANDION ONC DK retains Efficiency (Sharpe Ratio) of -0.14, which indicates the company had a -0.14% return per unit of risk over the last 3 months. SCANDION ONC exposes twenty-one different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please validate SCANDION ONC's Coefficient Of Variation of (690.83), market risk adjusted performance of (2.17), and Information Ratio of (0.15) to confirm the risk estimate we provide.
SCANDION Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
SCANDION |
Sharpe Ratio = -0.1377
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| Negative Returns | 8VY |
Estimated Market Risk
| 5.05 actual daily | 44 56% of assets are more volatile |
Expected Return
| -0.7 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| -0.14 actual daily | 0 Most of other assets perform better |
Based on monthly moving average SCANDION ONC 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 SCANDION ONC by adding SCANDION ONC to a well-diversified portfolio.
SCANDION ONC Valuation on December 20, 2024
It is possible to determine the worth of SCANDION ONC on a given historical date. On December 20, 2024 SCANDION was worth 0.0066 at the beginning of the trading date compared to the closed value of 0.0066. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of SCANDION ONC stock. Still, in general, we apply an absolute valuation method to find SCANDION ONC'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 SCANDION ONC where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against SCANDION ONC's related companies.
| Open | High | Low | Close | Volume | |
| 0.01 | 0.01 | 0.01 | 0.01 | 1.00 | |
12/20/2024 | 0.01 | 0.01 | 0.01 | 0.01 | 0.00 |
| Backtest SCANDION ONC | | | SCANDION ONC History | | | SCANDION ONC Valuation | Previous |
SCANDION ONC Trading Date Momentum on December 20, 2024
| On December 20 2024 SCANDION ONC DK 0735 was traded for 0.01 at the closing time. The highest daily price throughout the period was 0.01 and the lowest price was 0.01 . There was no trading activity during the period 0.0. Lack of trading volume on 12/20/2024 did not result in any price rise and fall. The trading price change to current closing price is 0.00% . |
SCANDION ONC DK Fundamentals Correlations and Trends
By evaluating SCANDION ONC'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 SCANDION ONC's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. SCANDION financial account trend analysis is a perfect complement when working with valuation or volatility modules.About SCANDION ONC Stock history
SCANDION ONC 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 SCANDION is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in SCANDION ONC DK 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 SCANDION ONC stock prices may prove useful in developing a viable investing in SCANDION ONC
Scandion Oncology AS, a biotechnology company, develops drugs for the treatment of chemotherapy resistance in cancer patients. The company was founded in 2017 and is based in Copenhagen, Denmark. SCANDION ONC operates under Biotechnology classification in Germany and is traded on Frankfurt Stock Exchange. It employs 6 people.
SCANDION ONC Stock Technical Analysis
SCANDION ONC 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
SCANDION ONC Period Price Range
Low | December 20, 2024
| High |
0.00 | 0.00 |
SCANDION ONC DK 0735 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.
SCANDION ONC December 20, 2024 Market Strength
Market strength indicators help investors to evaluate how SCANDION ONC stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading SCANDION ONC shares will generate the highest return on investment. By undertsting and applying SCANDION ONC stock market strength indicators, traders can identify SCANDION ONC DK 0735 entry and exit signals to maximize returns
SCANDION ONC Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for SCANDION ONC's price direction in advance. Along with the technical and fundamental analysis of SCANDION Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of SCANDION 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 | (0.11) | |||
| Jensen Alpha | (0.74) | |||
| Total Risk Alpha | (0.88) | |||
| Treynor Ratio | (2.18) |
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Complementary Tools for SCANDION Stock analysis
When running SCANDION ONC's price analysis, check to measure SCANDION ONC'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 SCANDION ONC is operating at the current time. Most of SCANDION ONC's value examination focuses on studying past and present price action to predict the probability of SCANDION ONC's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move SCANDION ONC's price. Additionally, you may evaluate how the addition of SCANDION ONC to your portfolios can decrease your overall portfolio volatility.
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