Burgenland Holding (Austria) Price on December 4, 2024
If you're considering investing in Burgenland Stock, it is important to understand the factors that can impact its price. Burgenland Holding secures Sharpe Ratio (or Efficiency) of -0.0996, which signifies that the company had a -0.0996% return per unit of risk over the last 3 months. Burgenland Holding Aktiengesellschaft exposes fifteen different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm Burgenland Holding's Standard Deviation of 0.9996, risk adjusted performance of (0.07), and Mean Deviation of 0.4143 to double-check the risk estimate we provide.
Burgenland Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
Burgenland |
Sharpe Ratio = -0.0996
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Estimated Market Risk
1.0 actual daily | 8 92% of assets are more volatile |
Expected Return
-0.1 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
-0.1 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Burgenland Holding 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 Burgenland Holding by adding Burgenland Holding to a well-diversified portfolio.
Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.
Price Boundaries
Burgenland Holding Period Price Range
Low | December 15, 2024
| High |
0.00 | 0.00 |
Burgenland Holding Aktiengesellschaft cannot be verified against its exchange. Please verify the symbol is currently traded on Vienna 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.
Burgenland Holding December 15, 2024 Market Strength
Market strength indicators help investors to evaluate how Burgenland Holding stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Burgenland Holding shares will generate the highest return on investment. By undertsting and applying Burgenland Holding stock market strength indicators, traders can identify Burgenland Holding Aktiengesellschaft entry and exit signals to maximize returns
Burgenland Holding Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Burgenland Holding's price direction in advance. Along with the technical and fundamental analysis of Burgenland Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Burgenland 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 | (0.11) | |||
Total Risk Alpha | (0.23) | |||
Treynor Ratio | (3.34) |
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Complementary Tools for Burgenland Stock analysis
When running Burgenland Holding's price analysis, check to measure Burgenland Holding'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 Burgenland Holding is operating at the current time. Most of Burgenland Holding's value examination focuses on studying past and present price action to predict the probability of Burgenland Holding's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Burgenland Holding's price. Additionally, you may evaluate how the addition of Burgenland Holding to your portfolios can decrease your overall portfolio volatility.
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