ALLEGROEU Financials
| AL0 Stock | EUR 6.41 0.09 1.42% |
ALLEGROEU |
Understanding current and past ALLEGROEU Financials, including the trends in assets, liabilities, equity and income are directly related to making proper and timely investing decisions. All of ALLEGROEU's financial statements are interrelated, with each one affecting the others. For example, an increase in ALLEGROEU's assets may result in an increase in income on the income statement.
Please note, the imprecision that can be found in ALLEGROEU's accounting process means that the reasonable investor should take a skeptical approach toward the financial statement analysis of ALLEGROEU ZY 01. Check ALLEGROEU's Beneish M Score to see the likelihood of ALLEGROEU's management manipulating its earnings.
| Foreign Associate | Germany |
| Instrument | Germany Stock View All |
| Exchange | Dusseldorf Exchange |
| Benchmark | Dow Jones Industrial |
| Currency | EUR - Euro |
ALLEGROEU ZY 01 Systematic Risk
ALLEGROEU's systematic risk plays a vital role in portfolio allocation when considering its stock to be added to a well-diversified portfolio. ALLEGROEU volatility which cannot be eliminated through diversification, requires returns over the risk-free rate. Over the long run, a well-diversified portfolio provides returns that match its exposure to systematic risk. In this case, investors face a trade-off between expected returns and systematic risk and, therefore, can only reduce a portfolio's exposure to systematic risk by sacrificing expected returns on the portfolio.
The output start index for this execution was twenty-eight with a total number of output elements of thirty-three. The Beta measures systematic risk based on how returns on ALLEGROEU ZY 01 correlated with the market. If Beta is less than 0 ALLEGROEU generally moves in the opposite direction as compared to the market. If ALLEGROEU Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one ALLEGROEU ZY 01 is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of ALLEGROEU is generally in the same direction as the market. If Beta > 1 ALLEGROEU moves generally in the same direction as, but more than the movement of the benchmark.
ALLEGROEU December 2, 2024 Opportunity Range
Along with financial statement analysis, the daily predictive indicators of ALLEGROEU help investors to analyze its daily demand and supply, volume, patterns, and price swings to determine the real value of ALLEGROEU ZY 01. We use our internally-developed statistical techniques to arrive at the intrinsic value of ALLEGROEU ZY 01 based on widely used predictive technical indicators. In general, we focus on analyzing ALLEGROEU Stock price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build ALLEGROEU's daily price indicators and compare them against related drivers.
| Information Ratio | (0.21) | |||
| Maximum Drawdown | 14.82 | |||
| Value At Risk | (3.58) | |||
| Potential Upside | 2.74 |
Additional Tools for ALLEGROEU Stock Analysis
When running ALLEGROEU's price analysis, check to measure ALLEGROEU'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 ALLEGROEU is operating at the current time. Most of ALLEGROEU's value examination focuses on studying past and present price action to predict the probability of ALLEGROEU's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move ALLEGROEU's price. Additionally, you may evaluate how the addition of ALLEGROEU to your portfolios can decrease your overall portfolio volatility.