Addex Therapeutics (Switzerland) Price on August 27, 2024
| ADXN Stock | CHF 0.06 0 4.84% |
If you're considering investing in Addex Stock, it is important to understand the factors that can impact its price. As of today, the current price of Addex Therapeutics stands at 0.06, as last reported on the 27th of December, with the highest price reaching 0.06 and the lowest price hitting 0.05 during the day. Addex Therapeutics secures Sharpe Ratio (or Efficiency) of -0.0191, which signifies that the company had a -0.0191% return per unit of standard deviation over the last 3 months. Addex Therapeutics exposes twenty-two different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm Addex Therapeutics' mean deviation of 3.77, and Risk Adjusted Performance of (0.02) to double-check the risk estimate we provide.
Addex Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
Addex |
Sharpe Ratio = -0.0191
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Estimated Market Risk
| 5.4 actual daily | 48 52% of assets are more volatile |
Expected Return
| -0.1 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| -0.02 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Addex Therapeutics 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 Addex Therapeutics by adding Addex Therapeutics to a well-diversified portfolio.
Addex Therapeutics Valuation on August 27, 2024
It is possible to determine the worth of Addex Therapeutics on a given historical date. On August 27, 2024 Addex was worth 0.0598 at the beginning of the trading date compared to the closed value of 0.0766. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Addex Therapeutics stock. Still, in general, we apply an absolute valuation method to find Addex Therapeutics' 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 Addex Therapeutics where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Addex Therapeutics' related companies.
| Open | High | Low | Close | Volume | |
| 0.06 | 0.06 | 0.06 | 0.06 | 122,567 | |
08/27/2024 | 0.06 | 0.09 | 0.06 | 0.08 | 5,224,108 |
| 0.07 | 0.1 | 0.07 | 0.07 | 3,560,064 |
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Addex Therapeutics Trading Date Momentum on August 27, 2024
| On August 28 2024 Addex Therapeutics was traded for 0.07 at the closing time. The highest price during the trading period was 0.1 and the lowest recorded bid was listed for 0.07 . The volume for the day was 3.6 M. This history from August 28, 2024 contributed to the next trading day price decline. The overall trading delta to the next closing price was 8.62% . The overall trading delta to the current price is 3.13% . |
Addex Therapeutics Fundamentals Correlations and Trends
By evaluating Addex Therapeutics' financials over time, investors can gain insight into future company performance. However, you can also analyze the published financial statements to find patterns among Addex Therapeutics' main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Addex financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Addex Therapeutics Stock history
Addex Therapeutics 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 Addex is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Addex Therapeutics 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 Addex Therapeutics stock prices may prove useful in developing a viable investing in Addex Therapeutics
Addex Therapeutics Ltd, a development-stage biopharmaceutical company, discovers, develops, and commercializes small-molecule pharmaceutical products for central nervous system disorders in Switzerland. Addex Therapeutics Ltd was founded in 2002 and is headquartered in Plan-les-Ouates, Switzerland. ADDEX N operates under Biotechnology classification in Switzerland and is traded on Switzerland Exchange. It employs 17 people.
Addex Therapeutics Stock Technical Analysis
Addex Therapeutics 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
Addex Therapeutics Period Price Range
Low | December 27, 2024
| High |
0.00 | 0.00 |
Addex Therapeutics 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.
Addex Therapeutics December 27, 2024 Market Strength
Market strength indicators help investors to evaluate how Addex Therapeutics stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Addex Therapeutics shares will generate the highest return on investment. By undertsting and applying Addex Therapeutics stock market strength indicators, traders can identify Addex Therapeutics entry and exit signals to maximize returns
Addex Therapeutics Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Addex Therapeutics' price direction in advance. Along with the technical and fundamental analysis of Addex Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Addex 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 | (0.23) | |||
| Total Risk Alpha | (0.37) | |||
| Treynor Ratio | (0.37) |
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Additional Tools for Addex Stock Analysis
When running Addex Therapeutics' price analysis, check to measure Addex Therapeutics' 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 Addex Therapeutics is operating at the current time. Most of Addex Therapeutics' value examination focuses on studying past and present price action to predict the probability of Addex Therapeutics' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Addex Therapeutics' price. Additionally, you may evaluate how the addition of Addex Therapeutics to your portfolios can decrease your overall portfolio volatility.