SpartanNash (Germany) Price on September 13, 2018
| SRJ Stock | EUR 18.20 0.20 1.09% |
If you're considering investing in SpartanNash Stock, it is important to understand the factors that can impact its price. As of today, the current price of SpartanNash stands at 18.20, as last reported on the 25th of April, with the highest price reaching 18.20 and the lowest price hitting 18.20 during the day. SpartanNash owns Efficiency Ratio (i.e., Sharpe Ratio) of -0.0915, which indicates the firm had a -0.0915% return per unit of risk over the last 3 months. SpartanNash exposes twenty-two different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please validate SpartanNash's Risk Adjusted Performance of (0.04), coefficient of variation of (1,248), and Variance of 3.59 to confirm the risk estimate we provide.
SpartanNash Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
SpartanNash |
Sharpe Ratio = -0.0915
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Estimated Market Risk
| 1.94 actual daily | 17 83% of assets are more volatile |
Expected Return
| -0.18 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| -0.09 actual daily | 0 Most of other assets perform better |
Based on monthly moving average SpartanNash 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 SpartanNash by adding SpartanNash to a well-diversified portfolio.
Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.
About SpartanNash Stock history
SpartanNash 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 SpartanNash is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in SpartanNash 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 SpartanNash stock prices may prove useful in developing a viable investing in SpartanNash
SpartanNash Company distributes and retails grocery products. SpartanNash Company was founded in 1917 and is headquartered in Grand Rapids, Michigan. SPARTANNASH operates under Food Distribution classification in Germany and is traded on Frankfurt Stock Exchange. It employs 8800 people.
SpartanNash Stock Technical Analysis
SpartanNash 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
SpartanNash Period Price Range
SpartanNash April 25, 2024 Market Strength
Market strength indicators help investors to evaluate how SpartanNash stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading SpartanNash shares will generate the highest return on investment. By undertsting and applying SpartanNash stock market strength indicators, traders can identify SpartanNash entry and exit signals to maximize returns
| Daily Balance Of Power | (9,223,372,036,855) | |||
| Rate Of Daily Change | 0.99 | |||
| Day Median Price | 18.2 | |||
| Day Typical Price | 18.2 | |||
| Price Action Indicator | (0.10) | |||
| Period Momentum Indicator | (0.20) | |||
| Relative Strength Index | 39.45 |
SpartanNash Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for SpartanNash's price direction in advance. Along with the technical and fundamental analysis of SpartanNash Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of SpartanNash 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 | (0.04) | |||
| Jensen Alpha | (0.16) | |||
| Total Risk Alpha | (0.42) | |||
| Treynor Ratio | 10.8 |
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| Volume Indicators |
Check out World Market Map to better understand how to build diversified portfolios, which includes a position in SpartanNash. 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 Alpha Finder module to use alpha and beta coefficients to find investment opportunities after accounting for the risk.
Complementary Tools for SpartanNash Stock analysis
When running SpartanNash's price analysis, check to measure SpartanNash'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 SpartanNash is operating at the current time. Most of SpartanNash's value examination focuses on studying past and present price action to predict the probability of SpartanNash's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move SpartanNash's price. Additionally, you may evaluate how the addition of SpartanNash to your portfolios can decrease your overall portfolio volatility.
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