JonDeTech Sensors (Sweden) Price on May 15, 2024
If you're considering investing in JonDeTech Stock, it is important to understand the factors that can impact its price. JonDeTech Sensors holds Efficiency (Sharpe) Ratio of -0.15, which attests that the entity had a -0.15% return per unit of risk over the last 3 months. JonDeTech Sensors exposes fifteen different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please check out JonDeTech Sensors' Standard Deviation of 5.79, market risk adjusted performance of (0.85), and Risk Adjusted Performance of (0.11) to validate the risk estimate we provide.
JonDeTech Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
JonDeTech |
Sharpe Ratio = -0.147
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Estimated Market Risk
| 5.79 actual daily | 51 51% of assets are less volatile |
Expected Return
| -0.85 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| -0.15 actual daily | 0 Most of other assets perform better |
Based on monthly moving average JonDeTech Sensors 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 JonDeTech Sensors by adding JonDeTech Sensors 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
JonDeTech Sensors Period Price Range
Low | December 18, 2024
| High |
0.00 | 0.00 |
JonDeTech Sensors cannot be verified against its exchange. Please verify the symbol is currently traded on Stockholm 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.
JonDeTech Sensors December 18, 2024 Market Strength
Market strength indicators help investors to evaluate how JonDeTech Sensors stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading JonDeTech Sensors shares will generate the highest return on investment. By undertsting and applying JonDeTech Sensors stock market strength indicators, traders can identify JonDeTech Sensors entry and exit signals to maximize returns
JonDeTech Sensors Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for JonDeTech Sensors' price direction in advance. Along with the technical and fundamental analysis of JonDeTech Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of JonDeTech 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 | (0.11) | |||
| Jensen Alpha | (0.88) | |||
| Total Risk Alpha | (1.00) | |||
| Treynor Ratio | (0.86) |
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Additional Tools for JonDeTech Stock Analysis
When running JonDeTech Sensors' price analysis, check to measure JonDeTech Sensors' 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 JonDeTech Sensors is operating at the current time. Most of JonDeTech Sensors' value examination focuses on studying past and present price action to predict the probability of JonDeTech Sensors' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move JonDeTech Sensors' price. Additionally, you may evaluate how the addition of JonDeTech Sensors to your portfolios can decrease your overall portfolio volatility.