SalMar ASA (Germany) Price on November 29, 2024
| JEP Stock | EUR 49.36 0.26 0.52% |
If you're considering investing in SalMar Stock, it is important to understand the factors that can impact its price. As of today, the current price of SalMar ASA stands at 49.36, as last reported on the 11th of December 2024, with the highest price reaching 49.36 and the lowest price hitting 49.36 during the day. At this point, SalMar ASA is very steady. SalMar ASA owns Efficiency Ratio (i.e., Sharpe Ratio) of 0.0636, which indicates the firm had a 0.0636% return per unit of risk over the last 3 months. We have found twenty-seven technical indicators for SalMar ASA, which you can use to evaluate the volatility of the company. Please validate SalMar ASA's Risk Adjusted Performance of 0.0529, coefficient of variation of 1530.14, and Semi Deviation of 1.43 to confirm if the risk estimate we provide is consistent with the expected return of 0.11%.
SalMar Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
SalMar |
Sharpe Ratio = 0.0636
| Best Portfolio | Best Equity | |||
| Good Returns | ||||
| Average Returns | ||||
| Small Returns | ||||
| Cash | Small Risk | JEP | High Risk | Huge Risk |
| Negative Returns |
Estimated Market Risk
| 1.66 actual daily | 14 86% of assets are more volatile |
Expected Return
| 0.11 actual daily | 2 98% of assets have higher returns |
Risk-Adjusted Return
| 0.06 actual daily | 5 95% of assets perform better |
Based on monthly moving average SalMar ASA is performing at about 5% of its full potential. 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 SalMar ASA by adding it to a well-diversified portfolio.
SalMar ASA Valuation on November 29, 2024
It is possible to determine the worth of SalMar ASA on a given historical date. On November 29, 2024 SalMar was worth 49.12 at the beginning of the trading date compared to the closed value of 49.4. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of SalMar ASA stock. Still, in general, we apply an absolute valuation method to find SalMar ASA'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 SalMar ASA where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against SalMar ASA's related companies.
| Open | High | Low | Close | Volume | |
| 49.48 | 49.48 | 49.48 | 49.48 | 100.00 | |
11/29/2024 | 49.12 | 49.40 | 49.12 | 49.40 | 102.00 |
| 49.18 | 49.72 | 49.18 | 49.72 | 1,125 |
| Backtest SalMar ASA | | | SalMar ASA History | | | SalMar ASA Valuation | Previous | Next |
SalMar ASA Trading Date Momentum on November 29, 2024
| On December 02 2024 SalMar ASA was traded for 49.72 at the closing time. The highest daily price throughout the period was 49.72 and the lowest price was 49.18 . The daily volume was 1.1 K. The net trading volume on 12/02/2024 added to the next day price rise. The trading delta at closing time to closing price of the next trading day was 0.65% . The trading price change to current closing price is 0.32% . |
SalMar ASA Fundamentals Correlations and Trends
By evaluating SalMar ASA'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 SalMar ASA's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. SalMar financial account trend analysis is a perfect complement when working with valuation or volatility modules.About SalMar ASA Stock history
SalMar ASA 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 SalMar is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in SalMar ASA 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 SalMar ASA stock prices may prove useful in developing a viable investing in SalMar ASA
SalMar ASA, an aquaculture company, produces and sells farmed salmon in Asia, the United States, Canada, Norway, rest of Europe, and internationally. The company was founded in 1991 and is headquartered in Kverva, Norway. SALMAR ASA operates under Farm Products classification in Germany and is traded on Frankfurt Stock Exchange. It employs 1763 people.
SalMar ASA Stock Technical Analysis
SalMar ASA 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
SalMar ASA Period Price Range
Low | December 11, 2024
| High |
0.00 | 0.00 |
SalMar ASA 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.
SalMar ASA December 11, 2024 Market Strength
Market strength indicators help investors to evaluate how SalMar ASA stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading SalMar ASA shares will generate the highest return on investment. By undertsting and applying SalMar ASA stock market strength indicators, traders can identify SalMar ASA entry and exit signals to maximize returns
SalMar ASA Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for SalMar ASA's price direction in advance. Along with the technical and fundamental analysis of SalMar Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of SalMar 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 | 0.0529 | |||
| Jensen Alpha | 0.0589 | |||
| Total Risk Alpha | (0.16) | |||
| Sortino Ratio | (0.01) | |||
| Treynor Ratio | 0.2839 |
| Cycle Indicators | ||
| Math Operators | ||
| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
Complementary Tools for SalMar Stock analysis
When running SalMar ASA's price analysis, check to measure SalMar ASA'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 SalMar ASA is operating at the current time. Most of SalMar ASA's value examination focuses on studying past and present price action to predict the probability of SalMar ASA's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move SalMar ASA's price. Additionally, you may evaluate how the addition of SalMar ASA to your portfolios can decrease your overall portfolio volatility.
| Sectors List of equity sectors categorizing publicly traded companies based on their primary business activities | |
| Top Crypto Exchanges Search and analyze digital assets across top global cryptocurrency exchanges | |
| Price Exposure Probability Analyze equity upside and downside potential for a given time horizon across multiple markets | |
| Portfolio Backtesting Avoid under-diversification and over-optimization by backtesting your portfolios | |
| Portfolio File Import Quickly import all of your third-party portfolios from your local drive in csv format | |
| Alpha Finder Use alpha and beta coefficients to find investment opportunities after accounting for the risk | |
| Transaction History View history of all your transactions and understand their impact on performance |