Superior Plus (Germany) Price on April 10, 2024
| 8SP Stock | EUR 6.15 0.10 1.65% |
If you're considering investing in Superior Stock, it is important to understand the factors that can impact its price. As of today, the current price of Superior Plus stands at 6.15, as last reported on the 2nd of June, with the highest price reaching 6.15 and the lowest price hitting 6.15 during the day. We consider Superior Plus not too volatile. Superior Plus Corp owns Efficiency Ratio (i.e., Sharpe Ratio) of 0.0123, which indicates the firm had a 0.0123% return per unit of risk over the last 3 months. We have found twenty-eight technical indicators for Superior Plus Corp, which you can use to evaluate the volatility of the company. Please validate Superior Plus' Coefficient Of Variation of 1544.4, risk adjusted performance of 0.0457, and Semi Deviation of 1.03 to confirm if the risk estimate we provide is consistent with the expected return of 0.0155%.
Superior Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
Superior |
Sharpe Ratio = 0.0123
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| Negative Returns | 8SP |
Estimated Market Risk
| 1.26 actual daily | 11 89% of assets are more volatile |
Expected Return
| 0.02 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| 0.01 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Superior Plus 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 Superior Plus by adding Superior Plus to a well-diversified portfolio.
Superior Plus Valuation on April 10, 2024
It is possible to determine the worth of Superior Plus on a given historical date. On April 10, 2024 Superior was worth 6.45 at the beginning of the trading date compared to the closed value of 6.45. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Superior Plus stock. Still, in general, we apply an absolute valuation method to find Superior Plus' 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 Superior Plus where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Superior Plus' related companies.
| Open | High | Low | Close | Volume | |
| 6.45 | 6.45 | 6.40 | 6.40 | 165.00 | |
04/10/2024 | 6.45 | 6.45 | 6.45 | 6.45 | 165.00 |
| 6.35 | 6.35 | 6.35 | 6.35 | 165.00 |
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Superior Plus Trading Date Momentum on April 10, 2024
| On April 11 2024 Superior Plus Corp was traded for 6.35 at the closing time. The highest daily price throughout the period was 6.35 and the lowest price was 6.35 . The daily volume was 165. The net trading volume on 04/11/2024 added to the next day price reduction. The daily price change to closing price of the next trading day was 1.55% . The trading price change to current closing price is 2.33% . |
Superior Plus Corp Fundamentals Correlations and Trends
By evaluating Superior Plus' financials over time, investors can gain insight into future company performance. However, you can also analyze the published financial statements to find patterns among Superior Plus' main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Superior financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Superior Plus Stock history
Superior Plus 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 Superior is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Superior Plus Corp 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 Superior Plus stock prices may prove useful in developing a viable investing in Superior Plus
Superior Plus Corp. engages in the energy distribution and specialty chemicals businesses in Canada, the United States, and Chile. Superior Plus Corp. was founded in 1996 and is based in Toronto, Canada. SUPERIOR PLUS operates under Utilities - Diversified classification in Germany and is traded on Frankfurt Stock Exchange. It employs 4342 people.
Superior Plus Stock Technical Analysis
Superior Plus 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
Superior Plus Period Price Range
Low | April 10, 2024
| High |
6.45 | 6.45 |
Superior Plus June 2, 2024 Market Strength
Market strength indicators help investors to evaluate how Superior Plus stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Superior Plus shares will generate the highest return on investment. By undertsting and applying Superior Plus stock market strength indicators, traders can identify Superior Plus Corp entry and exit signals to maximize returns
| Rate Of Daily Change | 1.0 | |||
| Day Median Price | 6.45 | |||
| Day Typical Price | 6.45 | |||
| Period Momentum Indicator | (0.30) | |||
| Relative Strength Index | 49.63 |
Superior Plus Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Superior Plus' price direction in advance. Along with the technical and fundamental analysis of Superior Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Superior 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 | 0.0457 | |||
| Jensen Alpha | 0.0591 | |||
| Total Risk Alpha | 8.0E-4 | |||
| Sortino Ratio | 0.0273 | |||
| Treynor Ratio | 0.1742 |
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| Volume Indicators |
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Superior Plus Corp. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in board of governors. You can also try the Money Managers module to screen money managers from public funds and ETFs managed around the world.
Complementary Tools for Superior Stock analysis
When running Superior Plus' price analysis, check to measure Superior Plus' 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 Superior Plus is operating at the current time. Most of Superior Plus' value examination focuses on studying past and present price action to predict the probability of Superior Plus' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Superior Plus' price. Additionally, you may evaluate how the addition of Superior Plus to your portfolios can decrease your overall portfolio volatility.
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