FreelanceCom (France) Price on September 1, 2023
| ALFRE Stock | EUR 3.25 0.04 1.22% |
If you're considering investing in FreelanceCom Stock, it is important to understand the factors that can impact its price. As of today, the current price of FreelanceCom stands at 3.25, as last reported on the 1st of May, with the highest price reaching 3.34 and the lowest price hitting 3.20 during the day. FreelanceCom secures Sharpe Ratio (or Efficiency) of -0.0664, which denotes the company had a -0.0664% return per unit of risk over the last 3 months. FreelanceCom exposes twenty-four different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm FreelanceCom's Mean Deviation of 1.62, variance of 5.89, and Standard Deviation of 2.43 to check the risk estimate we provide.
FreelanceCom Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
FreelanceCom |
Sharpe Ratio = -0.0664
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Estimated Market Risk
| 2.41 actual daily | 21 79% of assets are more volatile |
Expected Return
| -0.16 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| -0.07 actual daily | 0 Most of other assets perform better |
Based on monthly moving average FreelanceCom 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 FreelanceCom by adding FreelanceCom to a well-diversified portfolio.
FreelanceCom Valuation on September 1, 2023
It is possible to determine the worth of FreelanceCom on a given historical date. On September 1, 2023 FreelanceCom was worth 4.18 at the beginning of the trading date compared to the closed value of 4.24. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of FreelanceCom stock. Still, in general, we apply an absolute valuation method to find FreelanceCom'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 FreelanceCom where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against FreelanceCom's related companies.
| Open | High | Low | Close | Volume | |
| 4.22 | 4.30 | 4.09 | 4.17 | 16,065 | |
09/01/2023 | 4.18 | 4.26 | 4.10 | 4.24 | 14,031 |
| 4.24 | 4.24 | 4.17 | 4.18 | 4,107 |
| Backtest FreelanceCom | | | FreelanceCom History | | | FreelanceCom Valuation | Previous | Next |
FreelanceCom Trading Date Momentum on September 1, 2023
| On September 04 2023 FreelanceCom was traded for 4.18 at the closing time. The highest price during the trading period was 4.24 and the lowest recorded bid was listed for 4.17 . The volume for the day was 4.1 K. This history from September 4, 2023 contributed to the next trading day price decline. The overall trading delta to the next closing price was 1.42% . The overall trading delta to the current price is 3.30% . |
FreelanceCom Fundamentals Correlations and Trends
By evaluating FreelanceCom'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 FreelanceCom's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. FreelanceCom financial account trend analysis is a perfect complement when working with valuation or volatility modules.About FreelanceCom Stock history
FreelanceCom 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 FreelanceCom is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in FreelanceCom 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 FreelanceCom stock prices may prove useful in developing a viable investing in FreelanceCom
Freelance.com SA provides intermediation between companies and intellectual providers in France, Germany, Britain, Morocco, Switzerland, and Singapore. The company was founded in 1995 and is based in Paris, France. FREELANCE COM operates under Staffing Outsourcing Services classification in France and is traded on Paris Stock Exchange. It employs 119 people.
FreelanceCom Stock Technical Analysis
FreelanceCom 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
FreelanceCom Period Price Range
Low | September 1, 2023
| High |
4.18 | 4.24 |
FreelanceCom May 1, 2024 Market Strength
Market strength indicators help investors to evaluate how FreelanceCom stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading FreelanceCom shares will generate the highest return on investment. By undertsting and applying FreelanceCom stock market strength indicators, traders can identify FreelanceCom entry and exit signals to maximize returns
FreelanceCom Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for FreelanceCom's price direction in advance. Along with the technical and fundamental analysis of FreelanceCom Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of FreelanceCom 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 | (0.05) | |||
| Jensen Alpha | (0.19) | |||
| Total Risk Alpha | (0.42) | |||
| Treynor Ratio | 0.2613 |
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Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in FreelanceCom. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in income. Note that the FreelanceCom information on this page should be used as a complementary analysis to other FreelanceCom's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Portfolio Manager module to state of the art Portfolio Manager to monitor and improve performance of your invested capital.
Complementary Tools for FreelanceCom Stock analysis
When running FreelanceCom's price analysis, check to measure FreelanceCom'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 FreelanceCom is operating at the current time. Most of FreelanceCom's value examination focuses on studying past and present price action to predict the probability of FreelanceCom's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move FreelanceCom's price. Additionally, you may evaluate how the addition of FreelanceCom to your portfolios can decrease your overall portfolio volatility.
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