FOM Technologies (Denmark) Price on December 12, 2023
FOM Stock | DKK 9.50 0.10 1.06% |
If you're considering investing in FOM Stock, it is important to understand the factors that can impact its price. As of today, the current price of FOM Technologies stands at 9.50, as last reported on the 2nd of December, with the highest price reaching 9.50 and the lowest price hitting 9.30 during the day. FOM Technologies secures Sharpe Ratio (or Efficiency) of -0.12, which denotes the company had a -0.12% return per unit of risk over the last 3 months. FOM Technologies AS exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm FOM Technologies' Mean Deviation of 3.54, standard deviation of 5.84, and Coefficient Of Variation of (1,038) to check the risk estimate we provide.
FOM Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
FOM |
Sharpe Ratio = -0.1209
Best Portfolio | Best Equity | |||
Good Returns | ||||
Average Returns | ||||
Small Returns | ||||
Cash | Small Risk | Average Risk | High Risk | Huge Risk |
Negative Returns | FOM |
Estimated Market Risk
5.69 actual daily | 50 50% of assets are less volatile |
Expected Return
-0.69 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 FOM Technologies 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 FOM Technologies by adding FOM Technologies to a well-diversified portfolio.
FOM Technologies Valuation on December 12, 2023
It is possible to determine the worth of FOM Technologies on a given historical date. On December 12, 2023 FOM was worth 29.0 at the beginning of the trading date compared to the closed value of 30.4. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of FOM Technologies stock. Still, in general, we apply an absolute valuation method to find FOM Technologies' 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 FOM Technologies where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against FOM Technologies' related companies.
Open | High | Low | Close | Volume | |
28.50 | 29.50 | 25.90 | 27.00 | 18,041 | |
12/12/2023 | 29.00 | 30.80 | 29.00 | 30.40 | 36,764 |
30.40 | 30.40 | 28.60 | 29.80 | 11,128 |
Backtest FOM Technologies | | | FOM Technologies History | | | FOM Technologies Valuation | Previous | Next |
FOM Technologies Trading Date Momentum on December 12, 2023
On December 13 2023 FOM Technologies AS was traded for 29.80 at the closing time. The maximum traded price for the trading interval was 30.40 and the lowest daily price was 28.60 . The daily volume was recorded at 11.1 K. The volume of trading on 13th of December 2023 played a part in the next trading day price drop. The overall trading delta to the next closing price was 1.97% . The overall trading delta to the closing price today is 6.25% . |
FOM Technologies Fundamentals Correlations and Trends
By evaluating FOM Technologies' financials over time, investors can gain insight into future company performance. However, you can also analyze the published financial statements to find patterns among FOM Technologies' main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. FOM financial account trend analysis is a perfect complement when working with valuation or volatility modules.About FOM Technologies Stock history
FOM Technologies 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 FOM is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in FOM Technologies 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 FOM Technologies stock prices may prove useful in developing a viable investing in FOM Technologies
Fom Technologies AS produces and sells slot die machines and equipment. Fom Technologies AS was incorporated in 2012 and is headquartered in Copenhagen, Denmark. FOM Technologies is traded on Copenhagen Stock Exchange in Denmark.
FOM Technologies Stock Technical Analysis
FOM Technologies 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
FOM Technologies Period Price Range
Low | December 2, 2024
| High |
0.00 | 0.00 |
FOM Technologies 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.
FOM Technologies December 2, 2024 Market Strength
Market strength indicators help investors to evaluate how FOM Technologies stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading FOM Technologies shares will generate the highest return on investment. By undertsting and applying FOM Technologies stock market strength indicators, traders can identify FOM Technologies AS entry and exit signals to maximize returns
FOM Technologies Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for FOM Technologies' price direction in advance. Along with the technical and fundamental analysis of FOM Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of FOM 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 | (0.06) | |||
Jensen Alpha | (0.38) | |||
Total Risk Alpha | (1.55) | |||
Treynor Ratio | 0.375 |
Cycle Indicators | ||
Math Operators | ||
Math Transform | ||
Momentum Indicators | ||
Overlap Studies | ||
Pattern Recognition | ||
Price Transform | ||
Statistic Functions | ||
Volatility Indicators | ||
Volume Indicators |
Other Information on Investing in FOM Stock
FOM Technologies financial ratios help investors to determine whether FOM Stock is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in FOM with respect to the benefits of owning FOM Technologies security.