Roche Holding Ltd Stock Price on March 19, 2020
| RHHBY Stock | USD 30.91 0.50 1.64% |
If you're considering investing in Roche OTC Stock, it is important to understand the factors that can impact its price. As of today, the current price of Roche Holding stands at 30.91, as last reported on the 23rd of April, with the highest price reaching 31.13 and the lowest price hitting 30.83 during the day. Roche Holding maintains Sharpe Ratio (i.e., Efficiency) of -0.1, which implies the firm had a -0.1% return per unit of risk over the last 3 months. Roche Holding exposes twenty-two different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please check Roche Holding's Risk Adjusted Performance of (0.08), variance of 1.61, and Coefficient Of Variation of (757.46) to confirm the risk estimate we provide.
Roche OTC Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
Roche |
Sharpe Ratio = -0.1043
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| Negative Returns | RHHBY |
Estimated Market Risk
| 1.32 actual daily | 11 89% of assets are more volatile |
Expected Return
| -0.14 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| -0.1 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Roche Holding 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 Roche Holding by adding Roche Holding 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 Roche Holding OTC Stock history
Roche Holding 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 Roche is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Roche Holding 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 Roche Holding stock prices may prove useful in developing a viable investing in Roche Holding
Roche Holding AG engages in the pharmaceuticals and diagnostics businesses in Switzerland, Germany, the United States, Austria, Netherlands, the United Kingdom, France, Belgium, and internationally. The company was founded in 1896 and is headquartered in Basel, Switzerland. Roche Holdings operates under Drug ManufacturersGeneral classification in the United States and is traded on OTC Exchange. It employs 100920 people.
Roche Holding OTC Stock Technical Analysis
Roche Holding technical otc 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, otc market cycles, or different charting patterns.
Price Boundaries
Roche Holding Period Price Range
Roche Holding April 23, 2024 Market Strength
Market strength indicators help investors to evaluate how Roche Holding otc stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Roche Holding shares will generate the highest return on investment. By undertsting and applying Roche Holding otc stock market strength indicators, traders can identify Roche Holding Ltd entry and exit signals to maximize returns
| Accumulation Distribution | 20166.4 | |||
| Daily Balance Of Power | 1.666667 | |||
| Rate Of Daily Change | 1.02 | |||
| Day Median Price | 30.98 | |||
| Day Typical Price | 30.96 | |||
| Price Action Indicator | 0.18 | |||
| Period Momentum Indicator | 0.5 |
Roche Holding Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Roche Holding's price direction in advance. Along with the technical and fundamental analysis of Roche OTC Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Roche 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 | (0.08) | |||
| Jensen Alpha | (0.20) | |||
| Total Risk Alpha | (0.33) | |||
| Treynor Ratio | (0.55) |
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| Volume Indicators |
Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Roche Holding Ltd. Also, note that the market value of any otc stock could be tightly coupled with the direction of predictive economic indicators such as signals in bureau of labor statistics. Note that the Roche Holding information on this page should be used as a complementary analysis to other Roche Holding'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 Technical Analysis module to check basic technical indicators and analysis based on most latest market data.
Complementary Tools for Roche OTC Stock analysis
When running Roche Holding's price analysis, check to measure Roche Holding'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 Roche Holding is operating at the current time. Most of Roche Holding's value examination focuses on studying past and present price action to predict the probability of Roche Holding's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Roche Holding's price. Additionally, you may evaluate how the addition of Roche Holding to your portfolios can decrease your overall portfolio volatility.
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