Claranova (France) Price on August 5, 2024
CLA Stock | EUR 1.47 0.05 3.52% |
If you're considering investing in Claranova Stock, it is important to understand the factors that can impact its price. As of today, the current price of Claranova stands at 1.47, as last reported on the 29th of November, with the highest price reaching 1.47 and the lowest price hitting 1.41 during the day. Claranova SE secures Sharpe Ratio (or Efficiency) of -2.0E-4, which signifies that the company had a -2.0E-4% return per unit of standard deviation over the last 3 months. Claranova SE exposes twenty-eight different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm Claranova's mean deviation of 2.1, and Risk Adjusted Performance of 0.0183 to double-check the risk estimate we provide.
Claranova Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
Claranova |
Sharpe Ratio = -2.0E-4
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Estimated Market Risk
2.95 actual daily | 26 74% of assets are more volatile |
Expected Return
0.0 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
0.0 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Claranova 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 Claranova by adding Claranova to a well-diversified portfolio.
Claranova Valuation on August 5, 2024
It is possible to determine the worth of Claranova on a given historical date. On August 5, 2024 Claranova was worth 1.58 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 Claranova stock. Still, in general, we apply an absolute valuation method to find Claranova'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 Claranova where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Claranova's related companies.
Open | High | Low | Close | Volume | |
1.75 | 1.77 | 1.58 | 1.58 | 221,067 | |
08/05/2024 | 1.58 | 1.59 | 1.43 | 1.47 | 301,919 |
1.49 | 1.54 | 1.47 | 1.49 | 119,868 |
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Claranova Trading Date Momentum on August 5, 2024
On August 06 2024 Claranova SE was traded for 1.49 at the closing time. The maximum traded price for the trading interval was 1.54 and the lowest daily price was 1.47 . The daily volume was recorded at 119.9 K. The volume of trading on 6th of August 2024 played a part in the next trading day price jump. The overall trading delta to the next closing price was 1.36% . The overall trading delta to the closing price today is 4.76% . |
Claranova SE Fundamentals Correlations and Trends
By evaluating Claranova'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 Claranova's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Claranova financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Claranova Stock history
Claranova 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 Claranova is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Claranova SE 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 Claranova stock prices may prove useful in developing a viable investing in Claranova
Claranova S.E. engages in the digital printing, management of the Internet of Things, and e-commerce businesses. Claranova S.E. was founded in 1984 and is based in La Garenne-Colombes, France. CLARANOVA operates under Software Providers classification in France and is traded on Paris Stock Exchange.
Claranova Stock Technical Analysis
Claranova 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
Claranova Period Price Range
Low | November 29, 2024
| High |
0.00 | 0.00 |
Claranova SE 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.
Claranova November 29, 2024 Market Strength
Market strength indicators help investors to evaluate how Claranova stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Claranova shares will generate the highest return on investment. By undertsting and applying Claranova stock market strength indicators, traders can identify Claranova SE entry and exit signals to maximize returns
Claranova Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Claranova's price direction in advance. Along with the technical and fundamental analysis of Claranova Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Claranova 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 | 0.0183 | |||
Jensen Alpha | 0.0211 | |||
Total Risk Alpha | (0.41) | |||
Sortino Ratio | (0.03) | |||
Treynor Ratio | 0.338 |
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Volume Indicators |
Complementary Tools for Claranova Stock analysis
When running Claranova's price analysis, check to measure Claranova'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 Claranova is operating at the current time. Most of Claranova's value examination focuses on studying past and present price action to predict the probability of Claranova's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Claranova's price. Additionally, you may evaluate how the addition of Claranova to your portfolios can decrease your overall portfolio volatility.
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