Sanmina (Germany) Price on December 10, 2024
| SAYN Stock | EUR 75.60 1.58 2.05% |
If you're considering investing in Sanmina Stock, it is important to understand the factors that can impact its price. As of today, the current price of Sanmina stands at 75.60, as last reported on the 14th of December 2024, with the highest price reaching 78.30 and the lowest price hitting 75.58 during the day. Sanmina appears to be very steady, given 3 months investment horizon. Sanmina owns Efficiency Ratio (i.e., Sharpe Ratio) of 0.16, which indicates the firm had a 0.16% return per unit of risk over the last 3 months. We have found twenty-nine technical indicators for Sanmina, which you can use to evaluate the volatility of the company. Please review Sanmina's Risk Adjusted Performance of 0.1258, coefficient of variation of 609.51, and Semi Deviation of 1.06 to confirm if our risk estimates are consistent with your expectations.
Sanmina Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
Sanmina |
Sharpe Ratio = 0.1612
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Estimated Market Risk
| 2.3 actual daily | 20 80% of assets are more volatile |
Expected Return
| 0.37 actual daily | 7 93% of assets have higher returns |
Risk-Adjusted Return
| 0.16 actual daily | 12 88% of assets perform better |
Based on monthly moving average Sanmina is performing at about 12% 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 Sanmina by adding it to a well-diversified portfolio.
Sanmina Valuation on December 10, 2024
It is possible to determine the worth of Sanmina on a given historical date. On December 10, 2024 Sanmina was worth 74.9 at the beginning of the trading date compared to the closed value of 74.7. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Sanmina stock. Still, in general, we apply an absolute valuation method to find Sanmina'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 Sanmina where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Sanmina's related companies.
| Open | High | Low | Close | Volume | |
| 74.42 | 75.12 | 73.70 | 75.12 | 10.00 | |
12/10/2024 | 74.90 | 75.42 | 74.00 | 74.70 | 10.00 |
| 74.96 | 75.78 | 74.50 | 75.74 | 10.00 |
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Sanmina Trading Date Momentum on December 10, 2024
| On December 11 2024 Sanmina was traded for 75.74 at the closing time. The maximum traded price for the trading interval was 75.78 and the lowest daily price was 74.50 . The daily volume was recorded at 10.0. The volume of trading on 11th of December 2024 played a part in the next trading day price rise. The trading price change to the next closing price was 1.39% . The trading price change to the closing price today is 3.21% . |
Sanmina Fundamentals Correlations and Trends
By evaluating Sanmina'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 Sanmina's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Sanmina financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Sanmina Stock history
Sanmina 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 Sanmina is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Sanmina 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 Sanmina stock prices may prove useful in developing a viable investing in Sanmina
Sanmina Corporation provides integrated manufacturing solutions, components, products and repair, logistics, and after-market services worldwide. Sanmina Corporation was founded in 1980 and is headquartered in San Jose, California. SANMINA CORP operates under Electronic Components classification in Germany and is traded on Frankfurt Stock Exchange. It employs 35400 people.
Sanmina Stock Technical Analysis
Sanmina 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
Sanmina Period Price Range
Low | December 14, 2024
| High |
0.00 | 0.00 |
Sanmina 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.
Sanmina December 14, 2024 Market Strength
Market strength indicators help investors to evaluate how Sanmina stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Sanmina shares will generate the highest return on investment. By undertsting and applying Sanmina stock market strength indicators, traders can identify Sanmina entry and exit signals to maximize returns
Sanmina Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Sanmina's price direction in advance. Along with the technical and fundamental analysis of Sanmina Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Sanmina 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 | 0.1258 | |||
| Jensen Alpha | 0.3744 | |||
| Total Risk Alpha | 0.0817 | |||
| Sortino Ratio | 0.1961 | |||
| Treynor Ratio | (5.12) |
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| Volatility Indicators | ||
| Volume Indicators |
Complementary Tools for Sanmina Stock analysis
When running Sanmina's price analysis, check to measure Sanmina'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 Sanmina is operating at the current time. Most of Sanmina's value examination focuses on studying past and present price action to predict the probability of Sanmina's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Sanmina's price. Additionally, you may evaluate how the addition of Sanmina to your portfolios can decrease your overall portfolio volatility.
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