Safe Orthopaedics (France) Price on February 24, 2023
ALSAF Stock | EUR 0.05 0 5.44% |
If you're considering investing in Safe Stock, it is important to understand the factors that can impact its price. As of today, the current price of Safe Orthopaedics stands at 0.05, as last reported on the 24th of December, with the highest price reaching 0.06 and the lowest price hitting 0.05 during the day. Safe Orthopaedics owns Efficiency Ratio (i.e., Sharpe Ratio) of -0.13, which indicates the firm had a -0.13% return per unit of risk over the last 3 months. Safe Orthopaedics SA exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please validate Safe Orthopaedics' Variance of 204.94, risk adjusted performance of (0.11), and Coefficient Of Variation of (662.32) to confirm the risk estimate we provide.
Safe Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
Safe |
Sharpe Ratio = -0.1339
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Estimated Market Risk
14.48 actual daily | 96 96% of assets are less volatile |
Expected Return
-1.94 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
-0.13 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Safe Orthopaedics 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 Safe Orthopaedics by adding Safe Orthopaedics to a well-diversified portfolio.
Safe Orthopaedics Valuation on February 24, 2023
It is possible to determine the worth of Safe Orthopaedics on a given historical date. On February 24, 2023 Safe was worth 9990.0 at the beginning of the trading date compared to the closed value of 9990.0. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Safe Orthopaedics stock. Still, in general, we apply an absolute valuation method to find Safe Orthopaedics' 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 Safe Orthopaedics where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Safe Orthopaedics' related companies.
Open | High | Low | Close | Volume | |
8,880 | 9,990 | 7,770 | 9,990 | 3.00 | |
02/24/2023 | 9,990 | 9,990 | 8,880 | 9,990 | 1.00 |
9,300 | 9,300 | 6,300 | 6,600 | 7.00 |
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Safe Orthopaedics Trading Date Momentum on February 24, 2023
On February 28 2023 Safe Orthopaedics SA was traded for 6,600 at the closing time. The highest price during the trading period was 9,300 and the lowest recorded bid was listed for 6,300 . The volume for the day was 7.0. This history from February 28, 2023 contributed to the next trading day price decline. The overall trading delta to the next closing price was 33.93% . The trading price change to the current price is 17.42% . |
Safe Orthopaedics Fundamentals Correlations and Trends
By evaluating Safe Orthopaedics' financials over time, investors can gain insight into future company performance. However, you can also analyze the published financial statements to find patterns among Safe Orthopaedics' main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Safe financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Safe Orthopaedics Stock history
Safe Orthopaedics 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 Safe is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Safe Orthopaedics 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 Safe Orthopaedics stock prices may prove useful in developing a viable investing in Safe Orthopaedics
Safe Orthopaedics SA, a medical technology company, develops and markets sterile implants and single-use instruments for the treatment of spinal fracture pathologies in France and internationally. The company was founded in 2010 and is headquartered in ragny-sur-Oise, France. SAFE ORTHOPAEDICS operates under Medical Instruments Supplies classification in France and is traded on Paris Stock Exchange. It employs 134 people.
Safe Orthopaedics Stock Technical Analysis
Safe Orthopaedics 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
Safe Orthopaedics Period Price Range
Low | December 24, 2024
| High |
0.00 | 0.00 |
Safe Orthopaedics 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.
Safe Orthopaedics December 24, 2024 Market Strength
Market strength indicators help investors to evaluate how Safe Orthopaedics stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Safe Orthopaedics shares will generate the highest return on investment. By undertsting and applying Safe Orthopaedics stock market strength indicators, traders can identify Safe Orthopaedics SA entry and exit signals to maximize returns
Safe Orthopaedics Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Safe Orthopaedics' price direction in advance. Along with the technical and fundamental analysis of Safe Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Safe 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 | (2.16) | |||
Total Risk Alpha | (2.59) | |||
Treynor Ratio | 5.75 |
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Additional Tools for Safe Stock Analysis
When running Safe Orthopaedics' price analysis, check to measure Safe Orthopaedics' 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 Safe Orthopaedics is operating at the current time. Most of Safe Orthopaedics' value examination focuses on studying past and present price action to predict the probability of Safe Orthopaedics' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Safe Orthopaedics' price. Additionally, you may evaluate how the addition of Safe Orthopaedics to your portfolios can decrease your overall portfolio volatility.