Indutrade (Germany) Price on September 11, 2023
I1M Stock | EUR 24.52 0.22 0.89% |
If you're considering investing in Indutrade Stock, it is important to understand the factors that can impact its price. As of today, the current price of Indutrade stands at 24.52, as last reported on the 11th of December 2024, with the highest price reaching 24.86 and the lowest price hitting 24.52 during the day. Indutrade AB holds Efficiency (Sharpe) Ratio of -0.0766, which attests that the entity had a -0.0766% return per unit of risk over the last 3 months. Indutrade AB exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please check out Indutrade's Standard Deviation of 1.41, market risk adjusted performance of (0.12), and Risk Adjusted Performance of (0.04) to validate the risk estimate we provide.
Indutrade Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
Indutrade |
Sharpe Ratio = -0.0766
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Estimated Market Risk
1.41 actual daily | 12 88% of assets are more volatile |
Expected Return
-0.11 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
-0.08 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Indutrade 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 Indutrade by adding Indutrade to a well-diversified portfolio.
Indutrade Valuation on September 11, 2023
It is possible to determine the worth of Indutrade on a given historical date. On September 11, 2023 Indutrade was worth 15.65 at the beginning of the trading date compared to the closed value of 15.65. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Indutrade stock. Still, in general, we apply an absolute valuation method to find Indutrade'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 Indutrade where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Indutrade's related companies.
Open | High | Low | Close | Volume | |
15.68 | 15.68 | 15.68 | 15.68 | 1.00 | |
09/11/2023 | 15.65 | 15.65 | 15.65 | 15.65 | 1.00 |
15.59 | 15.59 | 15.59 | 15.59 | 1.00 |
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Indutrade Trading Date Momentum on September 11, 2023
On September 12 2023 Indutrade AB was traded for 15.59 at the closing time. The highest daily price throughout the period was 15.59 and the lowest price was 15.59 . There was no trading activity during the period 1.0. Lack of trading volume on 09/12/2023 added to the next day price reduction. The trading delta at closing time to closing price of the next trading day was 0.38% . The trading delta at closing time to current closing price is 2.36% . |
Indutrade AB Fundamentals Correlations and Trends
By evaluating Indutrade'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 Indutrade's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Indutrade financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Indutrade Stock history
Indutrade 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 Indutrade is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Indutrade AB 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 Indutrade stock prices may prove useful in developing a viable investing in Indutrade
Indutrade AB markets and sells components, systems, and services to various industries worldwide. Indutrade AB was founded in 1978 and is based in Kista, Sweden. INDUTRADE operates under Industrial Distribution classification in Germany and is traded on Frankfurt Stock Exchange. It employs 7270 people.
Indutrade Stock Technical Analysis
Indutrade 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
Indutrade Period Price Range
Low | December 11, 2024
| High |
0.00 | 0.00 |
Indutrade AB cannot be verified against its exchange. Please verify the symbol is currently traded on Frankfurt 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.
Indutrade December 11, 2024 Market Strength
Market strength indicators help investors to evaluate how Indutrade stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Indutrade shares will generate the highest return on investment. By undertsting and applying Indutrade stock market strength indicators, traders can identify Indutrade AB entry and exit signals to maximize returns
Indutrade Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Indutrade's price direction in advance. Along with the technical and fundamental analysis of Indutrade Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Indutrade 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 | (0.04) | |||
Jensen Alpha | (0.19) | |||
Total Risk Alpha | (0.32) | |||
Treynor Ratio | (0.13) |
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Complementary Tools for Indutrade Stock analysis
When running Indutrade's price analysis, check to measure Indutrade'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 Indutrade is operating at the current time. Most of Indutrade's value examination focuses on studying past and present price action to predict the probability of Indutrade's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Indutrade's price. Additionally, you may evaluate how the addition of Indutrade to your portfolios can decrease your overall portfolio volatility.
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