Sixt SE (Germany) Price on October 9, 2024
| SIX3 Stock | 53.70 0.30 0.56% |
If you're considering investing in Sixt Stock, it is important to understand the factors that can impact its price. As of today, the current price of Sixt SE stands at 53.70, as last reported on the 2nd of December, with the highest price reaching 54.00 and the lowest price hitting 53.20 during the day. At this point, Sixt SE is very steady. Sixt SE owns Efficiency Ratio (i.e., Sharpe Ratio) of 0.0471, which indicates the firm had a 0.0471% return per unit of risk over the last 3 months. We have found twenty-nine technical indicators for Sixt SE, which you can use to evaluate the volatility of the company. Please validate Sixt SE's Semi Deviation of 1.83, coefficient of variation of 5019.77, and Risk Adjusted Performance of 0.0212 to confirm if the risk estimate we provide is consistent with the expected return of 0.0876%.
Sixt Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
Sixt |
Sharpe Ratio = 0.0471
| Best Portfolio | Best Equity | |||
| Good Returns | ||||
| Average Returns | ||||
| Small Returns | ||||
| Cash | Small Risk | SIX3 | High Risk | Huge Risk |
| Negative Returns |
Estimated Market Risk
| 1.86 actual daily | 16 84% of assets are more volatile |
Expected Return
| 0.09 actual daily | 1 99% of assets have higher returns |
Risk-Adjusted Return
| 0.05 actual daily | 3 97% of assets perform better |
Based on monthly moving average Sixt SE is performing at about 3% 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 Sixt SE by adding it to a well-diversified portfolio.
Sixt SE Valuation on October 9, 2024
It is possible to determine the worth of Sixt SE on a given historical date. On October 9, 2024 Sixt was worth 54.1 at the beginning of the trading date compared to the closed value of 54.9. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Sixt SE stock. Still, in general, we apply an absolute valuation method to find Sixt SE'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 Sixt SE where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Sixt SE's related companies.
| Open | High | Low | Close | Volume | |
| 54.10 | 54.70 | 53.40 | 53.80 | 40,880 | |
10/09/2024 | 54.10 | 55.00 | 53.70 | 54.90 | 24,058 |
| 54.80 | 55.00 | 54.30 | 55.00 | 19,292 |
| Backtest Sixt SE | | | Sixt SE History | | | Sixt SE Valuation | Previous | Next |
Sixt SE Trading Date Momentum on October 9, 2024
| On October 10 2024 Sixt SE was traded for 55.00 at the closing time. The highest price during the trading period was 55.00 and the lowest recorded bid was listed for 54.30 . The volume for the day was 19.3 K. This history from October 10, 2024 contributed to the next trading day price growth. The trading price change to the next closing price was 0.18% . The trading price change to the current price is 6.38% . |
Sixt SE Fundamentals Correlations and Trends
By evaluating Sixt SE'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 Sixt SE's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Sixt financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Sixt SE Stock history
Sixt SE 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 Sixt is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Sixt SE 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 Sixt SE stock prices may prove useful in developing a viable investing in Sixt SE
Sixt SE Stock Technical Analysis
Sixt SE 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
Sixt SE Period Price Range
Low | December 2, 2024
| High |
0.00 | 0.00 |
Sixt SE cannot be verified against its exchange. Please verify the symbol is currently traded on XETRA Stock 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.
Sixt SE December 2, 2024 Market Strength
Market strength indicators help investors to evaluate how Sixt SE stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Sixt SE shares will generate the highest return on investment. By undertsting and applying Sixt SE stock market strength indicators, traders can identify Sixt SE entry and exit signals to maximize returns
Sixt SE Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Sixt SE's price direction in advance. Along with the technical and fundamental analysis of Sixt Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Sixt 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 | 0.0212 | |||
| Jensen Alpha | 0.0324 | |||
| Total Risk Alpha | (0.29) | |||
| Sortino Ratio | (0.05) | |||
| Treynor Ratio | (0.71) |
| Cycle Indicators | ||
| Math Operators | ||
| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
Complementary Tools for Sixt Stock analysis
When running Sixt SE's price analysis, check to measure Sixt SE'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 Sixt SE is operating at the current time. Most of Sixt SE's value examination focuses on studying past and present price action to predict the probability of Sixt SE's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Sixt SE's price. Additionally, you may evaluate how the addition of Sixt SE to your portfolios can decrease your overall portfolio volatility.
| Money Flow Index Determine momentum by analyzing Money Flow Index and other technical indicators | |
| Commodity Directory Find actively traded commodities issued by global exchanges | |
| Portfolio Optimization Compute new portfolio that will generate highest expected return given your specified tolerance for risk | |
| Economic Indicators Top statistical indicators that provide insights into how an economy is performing | |
| Technical Analysis Check basic technical indicators and analysis based on most latest market data | |
| Premium Stories Follow Macroaxis premium stories from verified contributors across different equity types, categories and coverage scope | |
| Latest Portfolios Quick portfolio dashboard that showcases your latest portfolios | |
| Idea Breakdown Analyze constituents of all Macroaxis ideas. Macroaxis investment ideas are predefined, sector-focused investing themes | |
| Instant Ratings Determine any equity ratings based on digital recommendations. Macroaxis instant equity ratings are based on combination of fundamental analysis and risk-adjusted market performance |