Safetech Innovations (Romania) Price on October 2, 2024
| SAFE Stock | 0.95 0.01 1.06% |
If you're considering investing in Safetech Stock, it is important to understand the factors that can impact its price. As of today, the current price of Safetech Innovations stands at 0.95, as last reported on the 11th of December 2024, with the highest price reaching 0.96 and the lowest price hitting 0.94 during the day. Safetech Innovations owns Efficiency Ratio (i.e., Sharpe Ratio) of -0.0893, which indicates the firm had a -0.0893% return per unit of risk over the last 3 months. Safetech Innovations SA exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please validate Safetech Innovations' Variance of 1.72, coefficient of variation of (1,138), and Risk Adjusted Performance of (0.06) to confirm the risk estimate we provide.
Safetech Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
Safetech |
Sharpe Ratio = -0.0893
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Estimated Market Risk
| 1.3 actual daily | 11 89% of assets are more volatile |
Expected Return
| -0.12 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| -0.09 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Safetech Innovations 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 Safetech Innovations by adding Safetech Innovations to a well-diversified portfolio.
Safetech Innovations Valuation on October 2, 2024
It is possible to determine the worth of Safetech Innovations on a given historical date. On October 2, 2024 Safetech was worth 1.0 at the beginning of the trading date compared to the closed value of 1.0. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Safetech Innovations stock. Still, in general, we apply an absolute valuation method to find Safetech Innovations' 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 Safetech Innovations where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Safetech Innovations' related companies.
| Open | High | Low | Close | Volume | |
| 1.01 | 1.01 | 1.00 | 1.00 | 8,101 | |
10/02/2024 | 1.00 | 1.01 | 0.99 | 1.00 | 32,304 |
| 1.00 | 1.00 | 0.99 | 1.00 | 14,793 |
| Backtest Safetech Innovations | | | Safetech Innovations History | Previous | Next |
Safetech Innovations Trading Date Momentum on October 2, 2024
| On October 03 2024 Safetech Innovations SA was traded for 1.00 at the closing time. The highest price during the trading period was 1.00 and the lowest recorded bid was listed for 0.99 . The volume for the day was 14.8 K. This history from October 3, 2024 did not result in any price rise and fall. The trading price change to the current price is 0.00% . |
Price Boundaries
Safetech Innovations Period Price Range
Low | December 11, 2024
| High |
0.00 | 0.00 |
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Safetech Innovations December 11, 2024 Market Strength
Market strength indicators help investors to evaluate how Safetech Innovations stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Safetech Innovations shares will generate the highest return on investment. By undertsting and applying Safetech Innovations stock market strength indicators, traders can identify Safetech Innovations SA entry and exit signals to maximize returns
Safetech Innovations Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Safetech Innovations' price direction in advance. Along with the technical and fundamental analysis of Safetech Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Safetech 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.