Smurfit Kappa (Germany) Price on November 5, 2024
| SK3 Stock | EUR 49.80 1.10 2.16% |
If you're considering investing in Smurfit Stock, it is important to understand the factors that can impact its price. As of today, the current price of Smurfit Kappa stands at 49.80, as last reported on the 23rd of December, with the highest price reaching 49.90 and the lowest price hitting 49.75 during the day. Smurfit Kappa appears to be very steady, given 3 months investment horizon. Smurfit Kappa Group owns Efficiency Ratio (i.e., Sharpe Ratio) of 0.12, which indicates the firm had a 0.12% return per unit of risk over the last 3 months. We have found twenty-nine technical indicators for Smurfit Kappa Group, which you can use to evaluate the volatility of the company. Please review Smurfit Kappa's Risk Adjusted Performance of 0.0698, semi deviation of 1.49, and Coefficient Of Variation of 1265.26 to confirm if our risk estimates are consistent with your expectations.
Smurfit Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
Smurfit |
Sharpe Ratio = 0.1165
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Estimated Market Risk
| 2.84 actual daily | 25 75% of assets are more volatile |
Expected Return
| 0.33 actual daily | 6 94% of assets have higher returns |
Risk-Adjusted Return
| 0.12 actual daily | 9 91% of assets perform better |
Based on monthly moving average Smurfit Kappa is performing at about 9% 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 Smurfit Kappa by adding it to a well-diversified portfolio.
Smurfit Kappa Valuation on November 5, 2024
It is possible to determine the worth of Smurfit Kappa on a given historical date. On November 5, 2024 Smurfit was worth 46.8 at the beginning of the trading date compared to the closed value of 47.05. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Smurfit Kappa stock. Still, in general, we apply an absolute valuation method to find Smurfit Kappa'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 Smurfit Kappa where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Smurfit Kappa's related companies.
| Open | High | Low | Close | Volume | |
| 45.71 | 47.40 | 45.71 | 47.40 | 3,631 | |
11/05/2024 | 46.80 | 47.05 | 46.75 | 47.05 | 38.00 |
| 47.50 | 48.69 | 47.50 | 48.44 | 275.00 |
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Smurfit Kappa Trading Date Momentum on November 5, 2024
| On November 06 2024 Smurfit Kappa Group was traded for 48.44 at the closing time. The highest daily price throughout the period was 48.69 and the lowest price was 47.50 . The daily volume was 275. The net trading volume on 11/06/2024 added to the next day price rise. The trading price change to closing price of the next trading day was 2.95% . The trading price change to current closing price is 0.43% . |
Smurfit Kappa Group Fundamentals Correlations and Trends
By evaluating Smurfit Kappa'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 Smurfit Kappa's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Smurfit financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Smurfit Kappa Stock history
Smurfit Kappa 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 Smurfit is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Smurfit Kappa Group 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 Smurfit Kappa stock prices may prove useful in developing a viable investing in Smurfit Kappa
Smurfit Kappa Group plc, together with its subsidiaries, manufactures, distributes, and sells paper-based packaging products. Smurfit Kappa Group plc was founded in 1934 and is headquartered in Dublin, Ireland. SMURFIT KAPPA operates under Packaging Containers classification in Germany and is traded on Frankfurt Stock Exchange. It employs 46000 people.
Smurfit Kappa Stock Technical Analysis
Smurfit Kappa 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
Smurfit Kappa Period Price Range
Low | December 23, 2024
| High |
0.00 | 0.00 |
Smurfit Kappa Group 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.
Smurfit Kappa December 23, 2024 Market Strength
Market strength indicators help investors to evaluate how Smurfit Kappa stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Smurfit Kappa shares will generate the highest return on investment. By undertsting and applying Smurfit Kappa stock market strength indicators, traders can identify Smurfit Kappa Group entry and exit signals to maximize returns
Smurfit Kappa Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Smurfit Kappa's price direction in advance. Along with the technical and fundamental analysis of Smurfit Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Smurfit 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 | 0.0698 | |||
| Jensen Alpha | 0.2173 | |||
| Total Risk Alpha | 0.135 | |||
| Sortino Ratio | 0.1181 | |||
| Treynor Ratio | (1.76) |
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| Volume Indicators |
Complementary Tools for Smurfit Stock analysis
When running Smurfit Kappa's price analysis, check to measure Smurfit Kappa'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 Smurfit Kappa is operating at the current time. Most of Smurfit Kappa's value examination focuses on studying past and present price action to predict the probability of Smurfit Kappa's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Smurfit Kappa's price. Additionally, you may evaluate how the addition of Smurfit Kappa to your portfolios can decrease your overall portfolio volatility.
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