ALM ES (Germany) Price on September 6, 2024
| 0P0001NBQF | 130.01 0.58 0.44% |
If you're considering investing in ALM Fund, it is important to understand the factors that can impact its price. As of today, the current price of ALM ES stands at 130.01, as last reported on the 1st of December, with the highest price reaching 130.01 and the lowest price hitting 130.01 during the day. As of now, ALM Fund is very steady. ALM ES Actions secures Sharpe Ratio (or Efficiency) of 0.0993, which signifies that the fund had a 0.0993% return per unit of return volatility over the last 3 months. We have found twenty-eight technical indicators for ALM ES Actions, which you can use to evaluate the volatility of the entity. Please confirm ALM ES's Mean Deviation of 0.5386, risk adjusted performance of 0.0939, and Semi Deviation of 0.5409 to double-check if the risk estimate we provide is consistent with the expected return of 0.0745%.
ALM Fund price history is provided at the adjusted basis, taking into account all of the recent filings.
ALM |
Sharpe Ratio = 0.0993
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| Cash | 0P0001NBQF | Average Risk | High Risk | Huge Risk |
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Estimated Market Risk
| 0.75 actual daily | 6 94% of assets are more volatile |
Expected Return
| 0.07 actual daily | 1 99% of assets have higher returns |
Risk-Adjusted Return
| 0.1 actual daily | 7 93% of assets perform better |
Based on monthly moving average ALM ES is performing at about 7% 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 ALM ES by adding it to a well-diversified portfolio.
ALM ES Valuation on September 6, 2024
It is possible to determine the worth of ALM ES on a given historical date. On September 6, 2024 ALM was worth 119.46 at the beginning of the trading date compared to the closed value of 119.46. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of ALM ES fund. Still, in general, we apply an absolute valuation method to find ALM ES's 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 ALM ES where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against ALM ES's related companies.
| Open | High | Low | Close | Volume | |
| 120.63 | 120.63 | 120.63 | 120.63 | 1.00 | |
09/06/2024 | 119.46 | 119.46 | 119.46 | 119.46 | 1.00 |
| 121.08 | 121.08 | 121.08 | 121.08 | 1.00 |
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ALM ES Trading Date Momentum on September 6, 2024
| On September 09 2024 ALM ES Actions was traded for 121.08 at the closing time. The highest price during the trading period was 121.08 and the lowest recorded bid was listed for 121.08 . There was no trading activity during the period 1.0. Lack of trading volume on September 9, 2024 contributed to the next trading day price boost. The daily price change to the next closing price was 1.36% . The overall trading delta to the current price is 2.86% . |
Price Boundaries
ALM ES Period Price Range
Low | December 1, 2024
| High |
0.00 | 0.00 |
ALM ES Actions cannot be verified against its exchange. Please verify the symbol is currently traded on Frankfurt Exchange. If you still believe the symbol you are trying to look up is valid, please let us know, and we will check it as soon as possible.
ALM ES December 1, 2024 Market Strength
Market strength indicators help investors to evaluate how ALM ES fund reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading ALM ES shares will generate the highest return on investment. By undertsting and applying ALM ES fund market strength indicators, traders can identify ALM ES Actions entry and exit signals to maximize returns
ALM ES Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for ALM ES's price direction in advance. Along with the technical and fundamental analysis of ALM Fund historical price patterns, it is also worthwhile for investors to track various predictive indicators of ALM 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 | 0.0939 | |||
| Jensen Alpha | 0.0707 | |||
| Total Risk Alpha | (0.04) | |||
| Sortino Ratio | (0.06) | |||
| Treynor Ratio | 0.9371 |
| Cycle Indicators | ||
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| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
| Equity Forecasting Use basic forecasting models to generate price predictions and determine price momentum | |
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| Sectors List of equity sectors categorizing publicly traded companies based on their primary business activities |