Conferize (Denmark) Price on September 4, 2023
CONFRZ Stock | DKK 0.01 0.0005 10.00% |
If you're considering investing in Conferize Stock, it is important to understand the factors that can impact its price. As of today, the current price of Conferize stands at 0.01, as last reported on the 13th of December 2024, with the highest price reaching 0.01 and the lowest price hitting 0 during the day. Conferize AS secures Sharpe Ratio (or Efficiency) of -0.0486, which signifies that the company had a -0.0486% return per unit of risk over the last 3 months. Conferize AS exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm Conferize's Mean Deviation of 6.27, risk adjusted performance of (0.03), and Standard Deviation of 8.89 to double-check the risk estimate we provide.
Conferize Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
Conferize |
Sharpe Ratio = -0.0486
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Estimated Market Risk
9.01 actual daily | 80 80% of assets are less volatile |
Expected Return
-0.44 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
-0.05 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Conferize 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 Conferize by adding Conferize to a well-diversified portfolio.
Conferize Valuation on September 4, 2023
It is possible to determine the worth of Conferize on a given historical date. On September 4, 2023 Conferize was worth 0.038 at the beginning of the trading date compared to the closed value of 0.0395. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Conferize stock. Still, in general, we apply an absolute valuation method to find Conferize'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 Conferize where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Conferize's related companies.
Open | High | Low | Close | Volume | |
0.04 | 0.04 | 0.04 | 0.04 | 188,649 | |
09/04/2023 | 0.04 | 0.04 | 0.04 | 0.04 | 15,417 |
0.04 | 0.04 | 0.04 | 0.04 | 31,042 |
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Conferize Trading Date Momentum on September 4, 2023
On September 05 2023 Conferize AS was traded for 0.04 at the closing time. The highest price during the trading period was 0.04 and the lowest recorded bid was listed for 0.04 . The volume for the day was 31 K. This history from September 5, 2023 contributed to the next trading day price decline. The overall trading delta to the next closing price was 1.27% . The overall trading delta to the current price is 6.33% . |
Conferize AS Fundamentals Correlations and Trends
By evaluating Conferize'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 Conferize's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Conferize financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Conferize Stock history
Conferize 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 Conferize is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Conferize AS 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 Conferize stock prices may prove useful in developing a viable investing in Conferize
Conferize AS develops an online software solution for event and conference market. The company was founded in 2011 and is based in Copenhagen, Denmark. Conferize is traded on Copenhagen Stock Exchange in Denmark.
Conferize Stock Technical Analysis
Conferize 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
Conferize Period Price Range
Low | December 13, 2024
| High |
0.00 | 0.00 |
Conferize AS cannot be verified against its exchange. Please verify the symbol is currently traded on Copenhagen 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.
Conferize December 13, 2024 Market Strength
Market strength indicators help investors to evaluate how Conferize stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Conferize shares will generate the highest return on investment. By undertsting and applying Conferize stock market strength indicators, traders can identify Conferize AS entry and exit signals to maximize returns
Conferize Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Conferize's price direction in advance. Along with the technical and fundamental analysis of Conferize Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Conferize 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 | (0.03) | |||
Jensen Alpha | (0.35) | |||
Total Risk Alpha | (1.76) | |||
Treynor Ratio | 0.3144 |
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Volume Indicators |
Complementary Tools for Conferize Stock analysis
When running Conferize's price analysis, check to measure Conferize'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 Conferize is operating at the current time. Most of Conferize's value examination focuses on studying past and present price action to predict the probability of Conferize's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Conferize's price. Additionally, you may evaluate how the addition of Conferize to your portfolios can decrease your overall portfolio volatility.
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