Itissalat (France) Price on November 6, 2024
IAM Stock | EUR 7.95 0.05 0.63% |
If you're considering investing in Itissalat Stock, it is important to understand the factors that can impact its price. As of today, the current price of Itissalat stands at 7.95, as last reported on the 12th of December 2024, with the highest price reaching 7.95 and the lowest price hitting 7.95 during the day. Itissalat Al Maghrib holds Efficiency (Sharpe) Ratio of -0.0072, which attests that the entity had a -0.0072% return per unit of risk over the last 3 months. Itissalat Al Maghrib exposes twenty-two different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please check out Itissalat's Standard Deviation of 0.8438, insignificant risk adjusted performance, and Market Risk Adjusted Performance of 0.1256 to validate the risk estimate we provide.
Itissalat Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
Itissalat |
Sharpe Ratio = -0.0072
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Estimated Market Risk
0.86 actual daily | 7 93% of assets are more volatile |
Expected Return
-0.01 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
-0.01 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Itissalat 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 Itissalat by adding Itissalat to a well-diversified portfolio.
Itissalat Valuation on November 6, 2024
It is possible to determine the worth of Itissalat on a given historical date. On November 6, 2024 Itissalat was worth 8.3 at the beginning of the trading date compared to the closed value of 8.3. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Itissalat stock. Still, in general, we apply an absolute valuation method to find Itissalat'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 Itissalat where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Itissalat's related companies.
Open | High | Low | Close | Volume | |
8.30 | 8.30 | 8.30 | 8.30 | 47.00 | |
11/06/2024 | 8.30 | 8.30 | 8.30 | 8.30 | 7.00 |
8.30 | 8.30 | 8.15 | 8.15 | 2,168 |
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Itissalat Trading Date Momentum on November 6, 2024
On November 07 2024 Itissalat Al Maghrib was traded for 8.15 at the closing time. The maximum traded price for the trading interval was 8.30 and the lowest daily price was 8.15 . The daily volume was recorded at 2.2 K. The volume of trading on 7th of November 2024 played a part in the next trading day price drop. The trading delta at closing time to the next closing price was 1.81% . The trading delta at closing time to the closing price today is 3.61% . |
Itissalat Al Maghrib Fundamentals Correlations and Trends
By evaluating Itissalat'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 Itissalat's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Itissalat financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Itissalat Stock history
Itissalat 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 Itissalat is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Itissalat Al Maghrib 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 Itissalat stock prices may prove useful in developing a viable investing in Itissalat
Itissalat Al-Maghrib S.A., together with its subsidiaries, provides various telecommunication services. Itissalat Al-Maghrib S.A. was founded in 1998 and is headquartered in Rabat, Morocco. MAROC TELECOM operates under Telecom Services classification in France and is traded on Paris Stock Exchange. It employs 10714 people.
Itissalat Stock Technical Analysis
Itissalat 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
Itissalat Period Price Range
Low | December 12, 2024
| High |
0.00 | 0.00 |
Itissalat Al Maghrib 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.
Itissalat December 12, 2024 Market Strength
Market strength indicators help investors to evaluate how Itissalat stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Itissalat shares will generate the highest return on investment. By undertsting and applying Itissalat stock market strength indicators, traders can identify Itissalat Al Maghrib entry and exit signals to maximize returns
Itissalat Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Itissalat's price direction in advance. Along with the technical and fundamental analysis of Itissalat Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Itissalat 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) | |||
Jensen Alpha | (0.0002) | |||
Total Risk Alpha | (0.15) | |||
Treynor Ratio | 0.1156 |
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Volume Indicators |
Complementary Tools for Itissalat Stock analysis
When running Itissalat's price analysis, check to measure Itissalat'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 Itissalat is operating at the current time. Most of Itissalat's value examination focuses on studying past and present price action to predict the probability of Itissalat's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Itissalat's price. Additionally, you may evaluate how the addition of Itissalat to your portfolios can decrease your overall portfolio volatility.
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