Netgem SA (France) Price on December 3, 2024
| ALNTG Stock | EUR 0.96 0.01 1.05% |
If you're considering investing in Netgem Stock, it is important to understand the factors that can impact its price. As of today, the current price of Netgem SA stands at 0.96, as last reported on the 12th of December 2024, with the highest price reaching 0.97 and the lowest price hitting 0.95 during the day. Netgem SA appears to be extremely dangerous, given 3 months investment horizon. Netgem SA has Sharpe Ratio of 0.12, which conveys that the firm had a 0.12% return per unit of risk over the last 3 months. We have found twenty-nine technical indicators for Netgem SA, which you can use to evaluate the volatility of the firm. Please exercise Netgem SA's Mean Deviation of 2.4, downside deviation of 2.7, and Risk Adjusted Performance of 0.0948 to check out if our risk estimates are consistent with your expectations.
Netgem Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
Netgem |
Sharpe Ratio = 0.1179
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Estimated Market Risk
| 3.39 actual daily | 30 70% of assets are more volatile |
Expected Return
| 0.4 actual daily | 7 93% of assets have higher returns |
Risk-Adjusted Return
| 0.12 actual daily | 9 91% of assets perform better |
Based on monthly moving average Netgem SA is performing at about 9% 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 Netgem SA by adding it to a well-diversified portfolio.
Netgem SA Valuation on December 3, 2024
It is possible to determine the worth of Netgem SA on a given historical date. On December 3, 2024 Netgem was worth 1.01 at the beginning of the trading date compared to the closed value of 1.0. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Netgem SA stock. Still, in general, we apply an absolute valuation method to find Netgem SA'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 Netgem SA where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Netgem SA's related companies.
| Open | High | Low | Close | Volume | |
| 1.01 | 1.03 | 1.01 | 1.03 | 2,789 | |
12/03/2024 | 1.01 | 1.02 | 0.97 | 1.00 | 13,664 |
| 0.92 | 0.98 | 0.91 | 0.94 | 37,284 |
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Netgem SA Trading Date Momentum on December 3, 2024
| On December 04 2024 Netgem SA was traded for 0.94 at the closing time. The highest price during the trading period was 0.98 and the lowest recorded bid was listed for 0.91 . The volume for the day was 37.3 K. This history from December 4, 2024 contributed to the next trading day price decline. The overall trading delta to the next closing price was 6.00% . The trading delta at closing time to the current price is 5.00% . |
Netgem SA Fundamentals Correlations and Trends
By evaluating Netgem SA'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 Netgem SA's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Netgem financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Netgem SA Stock history
Netgem SA 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 Netgem is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Netgem SA 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 Netgem SA stock prices may prove useful in developing a viable investing in Netgem SA
Netgem SA operates as an independent service provider for ultra-broadband internet access services in France and the United Kingdom. The company was founded in 1996 and is based in Courbevoie, France. NETGEM is traded on Paris Stock Exchange in France.
Netgem SA Stock Technical Analysis
Netgem SA 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
Netgem SA Period Price Range
Low | December 12, 2024
| High |
0.00 | 0.00 |
Netgem SA cannot be verified against its exchange. Please verify the symbol is currently traded on Euronext Paris. 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.
Netgem SA December 12, 2024 Market Strength
Market strength indicators help investors to evaluate how Netgem SA stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Netgem SA shares will generate the highest return on investment. By undertsting and applying Netgem SA stock market strength indicators, traders can identify Netgem SA entry and exit signals to maximize returns
Netgem SA Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Netgem SA's price direction in advance. Along with the technical and fundamental analysis of Netgem Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Netgem 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 | 0.0948 | |||
| Jensen Alpha | 0.4661 | |||
| Total Risk Alpha | (0.14) | |||
| Sortino Ratio | 0.1077 | |||
| Treynor Ratio | (0.77) |
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Additional Tools for Netgem Stock Analysis
When running Netgem SA's price analysis, check to measure Netgem SA'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 Netgem SA is operating at the current time. Most of Netgem SA's value examination focuses on studying past and present price action to predict the probability of Netgem SA's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Netgem SA's price. Additionally, you may evaluate how the addition of Netgem SA to your portfolios can decrease your overall portfolio volatility.