Fenix Outdoor (Sweden) Price on January 5, 2024
| FOI-B Stock | SEK 702.00 6.00 0.86% |
If you're considering investing in Fenix Stock, it is important to understand the factors that can impact its price. As of today, the current price of Fenix Outdoor stands at 702.00, as last reported on the 27th of April, with the highest price reaching 709.00 and the lowest price hitting 697.00 during the day. Fenix Outdoor Intern secures Sharpe Ratio (or Efficiency) of -0.05, which denotes the company had a -0.05% return per unit of risk over the last 3 months. Fenix Outdoor International exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm Fenix Outdoor's Variance of 3.01, mean deviation of 0.964, and Standard Deviation of 1.74 to check the risk estimate we provide.
Fenix Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
Fenix |
Sharpe Ratio = -0.05
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| Negative Returns | FOI-B |
Estimated Market Risk
| 1.78 actual daily | 15 85% of assets are more volatile |
Expected Return
| -0.09 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| -0.05 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Fenix Outdoor 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 Fenix Outdoor by adding Fenix Outdoor to a well-diversified portfolio.
Fenix Outdoor Valuation on January 5, 2024
It is possible to determine the worth of Fenix Outdoor on a given historical date. On January 5, 2024 Fenix was worth 767.0 at the beginning of the trading date compared to the closed value of 759.0. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Fenix Outdoor stock. Still, in general, we apply an absolute valuation method to find Fenix Outdoor'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 Fenix Outdoor where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Fenix Outdoor's related companies.
| Open | High | Low | Close | Volume | |
| 768.00 | 768.00 | 751.00 | 767.00 | 1,829 | |
01/05/2024 | 767.00 | 767.00 | 743.00 | 759.00 | 784.00 |
| 759.00 | 768.00 | 752.00 | 765.00 | 931.00 |
| Backtest Fenix Outdoor | | | Fenix Outdoor History | | | Fenix Outdoor Valuation | Previous | Next |
Fenix Outdoor Trading Date Momentum on January 5, 2024
| On January 08 2024 Fenix Outdoor International was traded for 765.00 at the closing time. The highest price during the trading period was 768.00 and the lowest recorded bid was listed for 752.00 . The volume for the day was 931. This history from January 8, 2024 contributed to the next trading day price appreciation. The overall trading delta to the next closing price was 0.79% . The overall trading delta to the current price is 1.19% . |
Fenix Outdoor Intern Fundamentals Correlations and Trends
By evaluating Fenix Outdoor'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 Fenix Outdoor's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Fenix financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Fenix Outdoor Stock history
Fenix Outdoor 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 Fenix is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Fenix Outdoor Intern 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 Fenix Outdoor stock prices may prove useful in developing a viable investing in Fenix Outdoor
Fenix Outdoor International AG, together with its subsidiaries, develops, produces, and sells outdoor products primarily in Sweden, other Nordic countries, Benelux, Europe, North America, and internationally. The company sells its products under the Fjllrven, Tierra, Primus, Hanwag, Brunton, Royal Robbins brand names through 74 stores, including 33 in Sweden, 19 in Finland, 12 in Germany, and 10 in Denmark, as well as 44 brand retail shops and e-commerce stores. Fenix Outdoor operates under Leisure classification in Sweden and is traded on Stockholm Stock Exchange. It employs 2492 people.
Fenix Outdoor Stock Technical Analysis
Fenix Outdoor 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
Fenix Outdoor Period Price Range
Low | January 5, 2024
| High |
767.00 | 759.00 |
Fenix Outdoor April 27, 2024 Market Strength
Market strength indicators help investors to evaluate how Fenix Outdoor stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Fenix Outdoor shares will generate the highest return on investment. By undertsting and applying Fenix Outdoor stock market strength indicators, traders can identify Fenix Outdoor International entry and exit signals to maximize returns
| Accumulation Distribution | 24.53 | |||
| Daily Balance Of Power | (0.33) | |||
| Rate Of Daily Change | 0.99 | |||
| Day Median Price | 755.0 | |||
| Day Typical Price | 756.33 | |||
| Market Facilitation Index | 0.0306 | |||
| Period Momentum Indicator | (57.00) |
Fenix Outdoor Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Fenix Outdoor's price direction in advance. Along with the technical and fundamental analysis of Fenix Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Fenix 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 | (0.02) | |||
| Jensen Alpha | (0.06) | |||
| Total Risk Alpha | (0.32) | |||
| Treynor Ratio | 0.2334 |
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| Volatility Indicators | ||
| Volume Indicators |
Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Fenix Outdoor International. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in bureau of labor statistics. Note that the Fenix Outdoor Intern information on this page should be used as a complementary analysis to other Fenix Outdoor'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 Global Correlations module to find global opportunities by holding instruments from different markets.
Complementary Tools for Fenix Stock analysis
When running Fenix Outdoor's price analysis, check to measure Fenix Outdoor'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 Fenix Outdoor is operating at the current time. Most of Fenix Outdoor's value examination focuses on studying past and present price action to predict the probability of Fenix Outdoor's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Fenix Outdoor's price. Additionally, you may evaluate how the addition of Fenix Outdoor to your portfolios can decrease your overall portfolio volatility.
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