IDEXX Laboratories (Germany) Price on December 12, 2024

IX1 Stock  EUR 420.70  3.50  0.83%   
If you're considering investing in IDEXX Stock, it is important to understand the factors that can impact its price. As of today, the current price of IDEXX Laboratories stands at 420.70, as last reported on the 13th of December 2024, with the highest price reaching 420.70 and the lowest price hitting 420.70 during the day. IDEXX Laboratories holds Efficiency (Sharpe) Ratio of -0.0573, which attests that the entity had a -0.0573% return per unit of return volatility over the last 3 months. IDEXX Laboratories exposes twenty-one different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please check out IDEXX Laboratories' Risk Adjusted Performance of (0.03), coefficient of variation of (2,126), and Market Risk Adjusted Performance of (0.20) to validate the risk estimate we provide.
  
IDEXX Stock price history is provided at the adjusted basis, taking into account all of the recent filings.

Sharpe Ratio = -0.0573

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Estimated Market Risk

 1.56
  actual daily
13
87% of assets are more volatile

Expected Return

 -0.09
  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 IDEXX Laboratories 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 IDEXX Laboratories by adding IDEXX Laboratories to a well-diversified portfolio.

IDEXX Laboratories Valuation on December 12, 2024

It is possible to determine the worth of IDEXX Laboratories on a given historical date. On December 12, 2024 IDEXX was worth 420.7 at the beginning of the trading date compared to the closed value of 420.7. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of IDEXX Laboratories stock. Still, in general, we apply an absolute valuation method to find IDEXX Laboratories' 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 IDEXX Laboratories where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against IDEXX Laboratories' related companies.
 Open High Low Close Volume
  420.70    420.70    420.70    420.70    120.00  
12/13/2024
  420.70    420.70    420.70    420.70    0.00  
Backtest IDEXX Laboratories  |  IDEXX Laboratories History  |  IDEXX Laboratories Valuation   Previous
Open Value
420.7
416.01
Downside
420.7
Closing Value
425.39
Upside

IDEXX Laboratories Trading Date Momentum on December 12, 2024

On December 13 2024 IDEXX Laboratories was traded for  420.70  at the closing time. The highest daily price throughout the period was 420.70  and the lowest price was  420.70 . There was no trading activity during the period 0.0. Lack of trading volume on 12/13/2024 did not cause price change. The trading delta at closing time to current closing price is 0.00% .

IDEXX Laboratories Fundamentals Correlations and Trends

By evaluating IDEXX Laboratories' financials over time, investors can gain insight into future company performance. However, you can also analyze the published financial statements to find patterns among IDEXX Laboratories' main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. IDEXX financial account trend analysis is a perfect complement when working with valuation or volatility modules.

About IDEXX Laboratories Stock history

IDEXX Laboratories 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 IDEXX is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in IDEXX Laboratories 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 IDEXX Laboratories stock prices may prove useful in developing a viable investing in IDEXX Laboratories
IDEXX Laboratories, Inc., together with its subsidiaries, develops, manufactures, and distributes products and services primarily for the companion animal veterinary, livestock and poultry, dairy, and water testing markets worldwide. IDEXX Laboratories, Inc. was founded in 1983 and is headquartered in Westbrook, Maine. IDEXX Laboratories operates under Diagnostics Research classification in Germany and is traded on Frankfurt Stock Exchange. It employs 8000 people.

IDEXX Laboratories Stock Technical Analysis

IDEXX Laboratories 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.
A focus of IDEXX Laboratories technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of IDEXX Laboratories trading pattern rather than external drivers such as economic, fundamental, or social events. It is believed that price action tends to repeat itself due to investors' collective, patterned behavior. Hence technical analysis focuses on identifiable price trends and conditions. More Info...

Price Boundaries

IDEXX Laboratories Period Price Range

Low
December 13, 2024
0.00  NaN%
High

 0.00 

     

 0.00 

IDEXX Laboratories 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.

IDEXX Laboratories December 13, 2024 Market Strength

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

IDEXX Laboratories Technical and Predictive Indicators

Predictive indicators are helping investors to find signals for IDEXX Laboratories' price direction in advance. Along with the technical and fundamental analysis of IDEXX Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of IDEXX 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.

Complementary Tools for IDEXX Stock analysis

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