Koninklijke Philips Nv Stock Price on May 1, 2024
| PHG Stock | USD 27.38 0.60 2.14% |
If you're considering investing in Koninklijke Stock, it is important to understand the factors that can impact its price. As of today, the current price of Koninklijke Philips stands at 27.38, as last reported on the 21st of May, with the highest price reaching 27.58 and the lowest price hitting 27.35 during the day. Koninklijke Philips appears to be not too volatile, given 3 months investment horizon. Koninklijke Philips has Sharpe Ratio of 0.16, which conveys that the firm had a 0.16% return per unit of risk over the last 3 months. By analyzing Koninklijke Philips' technical indicators, you can evaluate if the expected return of 0.56% is justified by implied risk. Please exercise Koninklijke Philips' Risk Adjusted Performance of 0.0977, mean deviation of 1.58, and Downside Deviation of 1.24 to check out if our risk estimates are consistent with your expectations.
Koninklijke Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
Koninklijke |
Sharpe Ratio = 0.1559
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Estimated Market Risk
| 3.59 actual daily | 31 69% of assets are more volatile |
Expected Return
| 0.56 actual daily | 11 89% of assets have higher returns |
Risk-Adjusted Return
| 0.16 actual daily | 12 88% of assets perform better |
Based on monthly moving average Koninklijke Philips is performing at about 12% of its full potential. 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 Koninklijke Philips by adding it to a well-diversified portfolio.
Koninklijke Philips Valuation on May 1, 2024
It is possible to determine the worth of Koninklijke Philips on a given historical date. On May 1, 2024 Koninklijke was worth 26.49 at the beginning of the trading date compared to the closed value of 26.76. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Koninklijke Philips stock. Still, in general, we apply an absolute valuation method to find Koninklijke Philips' 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 Koninklijke Philips where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Koninklijke Philips' related companies.
| Open | High | Low | Close | Volume | |
| 26.83 | 27.07 | 26.49 | 26.55 | 3,828,408 | |
05/01/2024 | 26.49 | 27.01 | 26.28 | 26.76 | 1,513,536 |
| 26.64 | 26.84 | 26.52 | 26.56 | 2,141,158 |
| Backtest Koninklijke Philips | | | Koninklijke Philips History | | | Koninklijke Philips Valuation | Previous | Next |
Koninklijke Philips Trading Date Momentum on May 1, 2024
| On May 02 2024 Koninklijke Philips NV was traded for 26.56 at the closing time. Highest Koninklijke Philips's price during the trading hours was 26.84 and the lowest price during the day was 26.52 . The net volume was 2.1 M. The overall trading history on the 2nd of May contributed to the next trading period price depreciation. The trading delta at closing time to the next next day price was 0.75% . The trading delta at closing time to current price is 2.88% . |
Koninklijke Philips Fundamentals Correlations and Trends
By evaluating Koninklijke Philips' financials over time, investors can gain insight into future company performance. However, you can also analyze the published financial statements to find patterns among Koninklijke Philips' main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Koninklijke financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Koninklijke Philips Stock history
Koninklijke Philips 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 Koninklijke is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Koninklijke Philips 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 Koninklijke Philips stock prices may prove useful in developing a viable investing in Koninklijke Philips
Koninklijke Philips N.V. operates as a health technology company in North America and internationally. Koninklijke Philips N.V. was founded in 1891 and is headquartered in Amsterdam, the Netherlands. Koninklijke Philips operates under Medical Devices classification in the United States and is traded on New York Stock Exchange. It employs 79097 people.
Koninklijke Philips Stock Technical Analysis
Koninklijke Philips 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
Koninklijke Philips Period Price Range
Low | May 1, 2024
| High |
26.49 | 26.76 |
Koninklijke Philips May 21, 2024 Market Strength
Market strength indicators help investors to evaluate how Koninklijke Philips stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Koninklijke Philips shares will generate the highest return on investment. By undertsting and applying Koninklijke Philips stock market strength indicators, traders can identify Koninklijke Philips NV entry and exit signals to maximize returns
| Accumulation Distribution | 40906.38 | |||
| Daily Balance Of Power | 0.3699 | |||
| Rate Of Daily Change | 1.01 | |||
| Day Median Price | 26.65 | |||
| Day Typical Price | 26.68 | |||
| Price Action Indicator | 0.25 | |||
| Period Momentum Indicator | 0.62 |
Koninklijke Philips Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Koninklijke Philips' price direction in advance. Along with the technical and fundamental analysis of Koninklijke Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Koninklijke 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 | 0.0977 | |||
| Jensen Alpha | 0.4526 | |||
| Total Risk Alpha | 0.1083 | |||
| Sortino Ratio | 0.3851 | |||
| Treynor Ratio | 0.4001 |
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Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Koninklijke Philips NV. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in rate. Note that the Koninklijke Philips information on this page should be used as a complementary analysis to other Koninklijke Philips' 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 Equity Search module to search for actively traded equities including funds and ETFs from over 30 global markets.
Complementary Tools for Koninklijke Stock analysis
When running Koninklijke Philips' price analysis, check to measure Koninklijke Philips' 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 Koninklijke Philips is operating at the current time. Most of Koninklijke Philips' value examination focuses on studying past and present price action to predict the probability of Koninklijke Philips' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Koninklijke Philips' price. Additionally, you may evaluate how the addition of Koninklijke Philips to your portfolios can decrease your overall portfolio volatility.
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Is Koninklijke Philips' industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Koninklijke Philips. If investors know Koninklijke will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Koninklijke Philips listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
The market value of Koninklijke Philips is measured differently than its book value, which is the value of Koninklijke that is recorded on the company's balance sheet. Investors also form their own opinion of Koninklijke Philips' value that differs from its market value or its book value, called intrinsic value, which is Koninklijke Philips' true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Koninklijke Philips' market value can be influenced by many factors that don't directly affect Koninklijke Philips' underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Koninklijke Philips' value and its price as these two are different measures arrived at by different means. Investors typically determine if Koninklijke Philips is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Koninklijke Philips' price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.