ABO-GROUP ENVIRONMENT (Germany) Price on December 29, 2023
3T61 Stock | 4.82 0.14 2.82% |
If you're considering investing in ABO-GROUP Stock, it is important to understand the factors that can impact its price. As of today, the current price of ABO-GROUP ENVIRONMENT stands at 4.82, as last reported on the 2nd of December, with the highest price reaching 4.82 and the lowest price hitting 4.82 during the day. ABO GROUP ENVIRONMENT secures Sharpe Ratio (or Efficiency) of -0.14, which signifies that the company had a -0.14% return per unit of risk over the last 3 months. ABO GROUP ENVIRONMENT exposes twenty-one different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm ABO-GROUP ENVIRONMENT's Variance of 1.91, mean deviation of 1.0, and Coefficient Of Variation of (727.17) to double-check the risk estimate we provide.
ABO-GROUP Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
ABO-GROUP |
Sharpe Ratio = -0.1396
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Estimated Market Risk
1.38 actual daily | 12 88% of assets are more volatile |
Expected Return
-0.19 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
-0.14 actual daily | 0 Most of other assets perform better |
Based on monthly moving average ABO-GROUP ENVIRONMENT 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 ABO-GROUP ENVIRONMENT by adding ABO-GROUP ENVIRONMENT to a well-diversified portfolio.
ABO-GROUP ENVIRONMENT Valuation on December 29, 2023
It is possible to determine the worth of ABO-GROUP ENVIRONMENT on a given historical date. On December 29, 2023 ABO-GROUP was worth 5.61 at the beginning of the trading date compared to the closed value of 5.61. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of ABO-GROUP ENVIRONMENT stock. Still, in general, we apply an absolute valuation method to find ABO-GROUP ENVIRONMENT'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 ABO-GROUP ENVIRONMENT where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against ABO-GROUP ENVIRONMENT's related companies.
Open | High | Low | Close | Volume | |
5.66 | 5.66 | 5.66 | 5.66 | 1.00 | |
12/29/2023 | 5.61 | 5.61 | 5.61 | 5.61 | 1.00 |
5.61 | 5.61 | 5.61 | 5.61 | 1.00 |
Backtest ABO-GROUP ENVIRONMENT | | | ABO-GROUP ENVIRONMENT History | Previous | Next |
ABO-GROUP ENVIRONMENT Trading Date Momentum on December 29, 2023
On January 02 2024 ABO GROUP ENVIRONMENT was traded for 5.61 at the closing time. The maximum traded price for the trading interval was 5.61 and the lowest daily price was 5.61 . There was no trading activity during the period 1.0. Lack of trading volume on 2nd of January 2024 did not affect price variability. The overall trading delta to the closing price today is 0.89% . |
Price Boundaries
ABO-GROUP ENVIRONMENT Period Price Range
Low | December 2, 2024
| High |
0.00 | 0.00 |
ABO GROUP ENVIRONMENT 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.
ABO-GROUP ENVIRONMENT December 2, 2024 Market Strength
Market strength indicators help investors to evaluate how ABO-GROUP ENVIRONMENT stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading ABO-GROUP ENVIRONMENT shares will generate the highest return on investment. By undertsting and applying ABO-GROUP ENVIRONMENT stock market strength indicators, traders can identify ABO GROUP ENVIRONMENT entry and exit signals to maximize returns
ABO-GROUP ENVIRONMENT Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for ABO-GROUP ENVIRONMENT's price direction in advance. Along with the technical and fundamental analysis of ABO-GROUP Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of ABO-GROUP 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 | (0.10) | |||
Jensen Alpha | (0.21) | |||
Total Risk Alpha | (0.43) | |||
Treynor Ratio | (2.50) |
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Complementary Tools for ABO-GROUP Stock analysis
When running ABO-GROUP ENVIRONMENT's price analysis, check to measure ABO-GROUP ENVIRONMENT'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 ABO-GROUP ENVIRONMENT is operating at the current time. Most of ABO-GROUP ENVIRONMENT's value examination focuses on studying past and present price action to predict the probability of ABO-GROUP ENVIRONMENT's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move ABO-GROUP ENVIRONMENT's price. Additionally, you may evaluate how the addition of ABO-GROUP ENVIRONMENT to your portfolios can decrease your overall portfolio volatility.
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