OMV Aktiengesellscha (Austria) Price on October 9, 2024
OMV Stock | EUR 37.92 0.02 0.05% |
If you're considering investing in OMV Stock, it is important to understand the factors that can impact its price. As of today, the current price of OMV Aktiengesellscha stands at 37.92, as last reported on the 1st of December, with the highest price reaching 37.92 and the lowest price hitting 37.60 during the day. OMV Aktiengesellschaft maintains Sharpe Ratio (i.e., Efficiency) of -0.0355, which implies the firm had a -0.0355% return per unit of standard deviation over the last 3 months. OMV Aktiengesellschaft exposes twenty-four different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please check OMV Aktiengesellscha's Market Risk Adjusted Performance of (0.78), coefficient of variation of (2,348), and Risk Adjusted Performance of (0.03) to confirm the risk estimate we provide.
OMV Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
OMV |
Sharpe Ratio = -0.0355
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Estimated Market Risk
1.18 actual daily | 10 90% of assets are more volatile |
Expected Return
-0.04 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
-0.04 actual daily | 0 Most of other assets perform better |
Based on monthly moving average OMV Aktiengesellscha 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 OMV Aktiengesellscha by adding OMV Aktiengesellscha to a well-diversified portfolio.
OMV Aktiengesellscha Valuation on October 9, 2024
It is possible to determine the worth of OMV Aktiengesellscha on a given historical date. On October 9, 2024 OMV was worth 38.6 at the beginning of the trading date compared to the closed value of 38.76. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of OMV Aktiengesellscha stock. Still, in general, we apply an absolute valuation method to find OMV Aktiengesellscha'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 OMV Aktiengesellscha where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against OMV Aktiengesellscha's related companies.
Open | High | Low | Close | Volume | |
39.00 | 39.10 | 38.16 | 38.42 | 466,856 | |
10/09/2024 | 38.60 | 38.76 | 38.24 | 38.76 | 288,437 |
38.76 | 39.32 | 38.58 | 39.14 | 276,733 |
Backtest OMV Aktiengesellscha | | | OMV Aktiengesellscha History | | | OMV Aktiengesellscha Valuation | Previous | Next |
OMV Aktiengesellscha Trading Date Momentum on October 9, 2024
On October 10 2024 OMV Aktiengesellschaft was traded for 39.14 at the closing time. The maximum traded price for the trading interval was 39.32 and the lowest daily price was 38.58 . The daily volume was recorded at 276.7 K. The volume of trading on 10th of October 2024 played a part in the next trading day price growth. The trading delta at closing time to the next closing price was 0.98% . The trading delta at closing time to the closing price today is 0.10% . |
OMV Aktiengesellschaft Fundamentals Correlations and Trends
By evaluating OMV Aktiengesellscha'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 OMV Aktiengesellscha's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. OMV financial account trend analysis is a perfect complement when working with valuation or volatility modules.About OMV Aktiengesellscha Stock history
OMV Aktiengesellscha 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 OMV is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in OMV Aktiengesellschaft 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 OMV Aktiengesellscha stock prices may prove useful in developing a viable investing in OMV Aktiengesellscha
OMV Aktiengesellscha Stock Technical Analysis
OMV Aktiengesellscha 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
OMV Aktiengesellscha Period Price Range
Low | December 1, 2024
| High |
0.00 | 0.00 |
OMV Aktiengesellschaft cannot be verified against its exchange. Please verify the symbol is currently traded on Vienna 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.
OMV Aktiengesellscha December 1, 2024 Market Strength
Market strength indicators help investors to evaluate how OMV Aktiengesellscha stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading OMV Aktiengesellscha shares will generate the highest return on investment. By undertsting and applying OMV Aktiengesellscha stock market strength indicators, traders can identify OMV Aktiengesellschaft entry and exit signals to maximize returns
OMV Aktiengesellscha Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for OMV Aktiengesellscha's price direction in advance. Along with the technical and fundamental analysis of OMV Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of OMV 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 | (0.03) | |||
Jensen Alpha | (0.07) | |||
Total Risk Alpha | (0.26) | |||
Treynor Ratio | (0.79) |
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Math Transform | ||
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Overlap Studies | ||
Pattern Recognition | ||
Price Transform | ||
Statistic Functions | ||
Volatility Indicators | ||
Volume Indicators |
Complementary Tools for OMV Stock analysis
When running OMV Aktiengesellscha's price analysis, check to measure OMV Aktiengesellscha'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 OMV Aktiengesellscha is operating at the current time. Most of OMV Aktiengesellscha's value examination focuses on studying past and present price action to predict the probability of OMV Aktiengesellscha's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move OMV Aktiengesellscha's price. Additionally, you may evaluate how the addition of OMV Aktiengesellscha to your portfolios can decrease your overall portfolio volatility.
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