Safe Orthopaedics (France) Price on April 17, 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 25th 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 -0.12, which indicates the firm had a -0.12% 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 204.69, risk adjusted performance of (0.11), and Coefficient Of Variation of (694.36) 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.

Sharpe Ratio = -0.1173

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Estimated Market Risk

 14.36
  actual daily
96
96% of assets are less volatile

Expected Return

 -1.69
  actual daily
0
Most of other assets have higher returns

Risk-Adjusted Return

 -0.12
  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 April 17, 2023

It is possible to determine the worth of Safe Orthopaedics on a given historical date. On April 17, 2023 Safe was worth 2670.0 at the beginning of the trading date compared to the closed value of 2370.0. 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
  2,910    2,970    2,370    2,400    7.00  
04/17/2023
  2,670    2,700    2,370    2,370    4.00  
  2,340    2,490    2,160    2,459    2.00  
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Open Value
2670.0
2370.0
Closing Value
2,713
Upside

Safe Orthopaedics Trading Date Momentum on April 17, 2023

On April 18 2023 Safe Orthopaedics SA was traded for  2,459  at the closing time. The highest price during the trading period was 2,490  and the lowest recorded bid was listed for  2,160 . There was no trading activity during the period 2.0. Lack of trading volume on April 18, 2023 contributed to the next trading day price gain. The overall trading delta to the next closing price was 3.75% . The trading price change to the current price is 39.11% .

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.
A focus of Safe Orthopaedics technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of Safe Orthopaedics trading pattern rather than external drivers such as economic, fundamental, or social events. It is believed that price action tends to repeat itself due to investors' collective, patterned behavior. Hence technical analysis focuses on identifiable price trends and conditions. More Info...

Price Boundaries

Safe Orthopaedics Period Price Range

Low
December 25, 2024
0.00  NaN%
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 25, 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.

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.