Cerinnov Group (France) Price on September 12, 2024
| ALPCV Stock | EUR 0.70 0.02 2.78% |
If you're considering investing in Cerinnov Stock, it is important to understand the factors that can impact its price. As of today, the current price of Cerinnov Group stands at 0.70, as last reported on the 27th of December, with the highest price reaching 0.74 and the lowest price hitting 0.68 during the day. Cerinnov Group SA secures Sharpe Ratio (or Efficiency) of -0.0606, which signifies that the company had a -0.0606% return per unit of risk over the last 3 months. Cerinnov Group SA exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm Cerinnov Group's Risk Adjusted Performance of (0.07), mean deviation of 2.86, and Standard Deviation of 5.79 to double-check the risk estimate we provide.
Cerinnov Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
Cerinnov |
Sharpe Ratio = -0.0606
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Estimated Market Risk
| 5.7 actual daily | 50 50% of assets are less volatile |
Expected Return
| -0.35 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| -0.06 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Cerinnov Group 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 Cerinnov Group by adding Cerinnov Group to a well-diversified portfolio.
Cerinnov Group Valuation on September 12, 2024
It is possible to determine the worth of Cerinnov Group on a given historical date. On September 12, 2024 Cerinnov was worth 1.48 at the beginning of the trading date compared to the closed value of 1.47. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Cerinnov Group stock. Still, in general, we apply an absolute valuation method to find Cerinnov Group'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 Cerinnov Group where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Cerinnov Group's related companies.
| Open | High | Low | Close | Volume | |
| 1.48 | 1.49 | 1.43 | 1.48 | 8,996 | |
09/12/2024 | 1.48 | 1.48 | 1.42 | 1.47 | 9,663 |
| 1.15 | 1.27 | 1.07 | 1.19 | 136,639 |
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Cerinnov Group Trading Date Momentum on September 12, 2024
| On September 13 2024 Cerinnov Group SA was traded for 1.19 at the closing time. The highest price during the trading period was 1.27 and the lowest recorded bid was listed for 1.07 . The volume for the day was 136.6 K. This history from September 13, 2024 contributed to the next trading day price decline. The overall trading delta to the next closing price was 19.05% . The overall trading delta to the current price is 25.17% . |
Cerinnov Group SA Fundamentals Correlations and Trends
By evaluating Cerinnov Group'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 Cerinnov Group's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Cerinnov financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Cerinnov Group Stock history
Cerinnov Group 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 Cerinnov is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Cerinnov Group 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 Cerinnov Group stock prices may prove useful in developing a viable investing in Cerinnov Group
Cerinnov Group SA engages in the manufacture and sale of production equipment worldwide. The company was founded in 1975 and is based in Limoges, France. CERINNOV GROUP operates under Diversified Industrials classification in France and is traded on Paris Stock Exchange. It employs 136 people.
Cerinnov Group Stock Technical Analysis
Cerinnov Group 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
Cerinnov Group Period Price Range
Low | December 27, 2024
| High |
0.00 | 0.00 |
Cerinnov Group 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.
Cerinnov Group December 27, 2024 Market Strength
Market strength indicators help investors to evaluate how Cerinnov Group stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Cerinnov Group shares will generate the highest return on investment. By undertsting and applying Cerinnov Group stock market strength indicators, traders can identify Cerinnov Group SA entry and exit signals to maximize returns
Cerinnov Group Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Cerinnov Group's price direction in advance. Along with the technical and fundamental analysis of Cerinnov Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Cerinnov 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 | (0.07) | |||
| Jensen Alpha | (0.57) | |||
| Total Risk Alpha | (0.90) | |||
| Treynor Ratio | 1.21 |
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Additional Tools for Cerinnov Stock Analysis
When running Cerinnov Group's price analysis, check to measure Cerinnov Group'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 Cerinnov Group is operating at the current time. Most of Cerinnov Group's value examination focuses on studying past and present price action to predict the probability of Cerinnov Group's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Cerinnov Group's price. Additionally, you may evaluate how the addition of Cerinnov Group to your portfolios can decrease your overall portfolio volatility.