Strix Group (Germany) Price on November 19, 2024
SG9 Stock | EUR 0.54 0.02 3.85% |
If you're considering investing in Strix Stock, it is important to understand the factors that can impact its price. As of today, the current price of Strix Group stands at 0.54, as last reported on the 23rd of December, with the highest price reaching 0.54 and the lowest price hitting 0.53 during the day. Strix Group Plc owns Efficiency Ratio (i.e., Sharpe Ratio) of -0.21, which indicates the firm had a -0.21% return per unit of risk over the last 3 months. Strix Group Plc exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please validate Strix Group's Risk Adjusted Performance of (0.19), coefficient of variation of (399.39), and Variance of 7.16 to confirm the risk estimate we provide.
Strix Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
Strix |
Sharpe Ratio = -0.2109
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Estimated Market Risk
2.61 actual daily | 23 77% of assets are more volatile |
Expected Return
-0.55 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
-0.21 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Strix Group 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 Strix Group by adding Strix Group to a well-diversified portfolio.
Strix Group Valuation on November 19, 2024
It is possible to determine the worth of Strix Group on a given historical date. On November 19, 2024 Strix was worth 0.7 at the beginning of the trading date compared to the closed value of 0.67. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Strix Group stock. Still, in general, we apply an absolute valuation method to find Strix Group'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 Strix Group where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Strix Group's related companies.
Open | High | Low | Close | Volume | |
0.70 | 0.70 | 0.70 | 0.70 | 1.00 | |
11/19/2024 | 0.70 | 0.70 | 0.67 | 0.67 | 1.00 |
0.69 | 0.69 | 0.67 | 0.67 | 1.00 |
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Strix Group Trading Date Momentum on November 19, 2024
On November 20 2024 Strix Group Plc was traded for 0.67 at the closing time. The highest daily price throughout the period was 0.69 and the lowest price was 0.67 . There was no trading activity during the period 1.0. Lack of trading volume on 11/20/2024 did not result in any price rise and fall. The trading price change to current closing price is 7.46% . |
Strix Group Plc Fundamentals Correlations and Trends
By evaluating Strix Group'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 Strix Group's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Strix financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Strix Group Stock history
Strix Group 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 Strix is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Strix Group Plc 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 Strix Group stock prices may prove useful in developing a viable investing in Strix Group
Strix Group Plc designs, manufactures, and supplies kettle safety controls, and other components and devices worldwide. Strix Group Plc was incorporated in 2017 and is headquartered in Isle of Man, the United Kingdom. STRIX GROUP operates under Electronic Components classification in Germany and is traded on Frankfurt Stock Exchange. It employs 850 people.
Strix Group Stock Technical Analysis
Strix Group 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
Strix Group Period Price Range
Low | December 23, 2024
| High |
0.00 | 0.00 |
Strix Group Plc 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.
Strix Group December 23, 2024 Market Strength
Market strength indicators help investors to evaluate how Strix Group stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Strix Group shares will generate the highest return on investment. By undertsting and applying Strix Group stock market strength indicators, traders can identify Strix Group Plc entry and exit signals to maximize returns
Strix Group Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Strix Group's price direction in advance. Along with the technical and fundamental analysis of Strix Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Strix 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 | (0.19) | |||
Jensen Alpha | (0.70) | |||
Total Risk Alpha | (0.76) | |||
Treynor Ratio | (0.82) |
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Complementary Tools for Strix Stock analysis
When running Strix Group's price analysis, check to measure Strix Group'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 Strix Group is operating at the current time. Most of Strix Group's value examination focuses on studying past and present price action to predict the probability of Strix Group's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Strix Group's price. Additionally, you may evaluate how the addition of Strix Group to your portfolios can decrease your overall portfolio volatility.
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