Fobi Ai Stock Price on February 29, 2024

If you're considering investing in Fobi Stock, it is important to understand the factors that can impact its price. Fobi AI secures Sharpe Ratio (or Efficiency) of -0.0613, which denotes the company had a -0.0613% return per unit of standard deviation over the last 3 months. Fobi AI exposes fourteen different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm Fobi AI's Standard Deviation of 4.29, coefficient of variation of (1,632), and Mean Deviation of 1.73 to check the risk estimate we provide.
  
Fobi Stock price history is provided at the adjusted basis, taking into account all of the recent filings.

Sharpe Ratio = -0.0613

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Estimated Market Risk

 4.29
  actual daily
38
62% of assets are more volatile

Expected Return

 -0.26
  actual daily
0
Most of other assets have higher returns

Risk-Adjusted Return

 -0.06
  actual daily
0
Most of other assets perform better
Based on monthly moving average Fobi AI 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 Fobi AI by adding Fobi AI 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

Fobi AI Period Price Range

Low
December 25, 2024
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High

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Fobi AI cannot be verified against its exchange. Please verify the symbol is currently traded on TSX Venture 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.

Fobi AI December 25, 2024 Market Strength

Market strength indicators help investors to evaluate how Fobi AI stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Fobi AI shares will generate the highest return on investment. By undertsting and applying Fobi AI stock market strength indicators, traders can identify Fobi AI entry and exit signals to maximize returns

Fobi AI Technical and Predictive Indicators

Predictive indicators are helping investors to find signals for Fobi AI's price direction in advance. Along with the technical and fundamental analysis of Fobi Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Fobi 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.
Check out Investing Opportunities to better understand how to build diversified portfolios. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in gross domestic product.
You can also try the Portfolio Rebalancing module to analyze risk-adjusted returns against different time horizons to find asset-allocation targets.

Other Tools for Fobi Stock

When running Fobi AI's price analysis, check to measure Fobi AI'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 Fobi AI is operating at the current time. Most of Fobi AI's value examination focuses on studying past and present price action to predict the probability of Fobi AI's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Fobi AI's price. Additionally, you may evaluate how the addition of Fobi AI to your portfolios can decrease your overall portfolio volatility.
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