Airtel Africa Plc Stock Price on July 24, 2024
AAFRF Stock | USD 1.20 0.02 1.64% |
If you're considering investing in Airtel Pink Sheet, it is important to understand the factors that can impact its price. As of today, the current price of Airtel Africa stands at 1.20, as last reported on the 23rd of November, with the highest price reaching 1.20 and the lowest price hitting 1.20 during the day. Airtel Africa Plc secures Sharpe Ratio (or Efficiency) of -0.0534, which signifies that the company had a -0.0534% return per unit of risk over the last 3 months. Airtel Africa Plc exposes twenty-two different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm Airtel Africa's Risk Adjusted Performance of (0.03), standard deviation of 3.93, and Mean Deviation of 1.99 to double-check the risk estimate we provide.
Airtel Pink Sheet price history is provided at the adjusted basis, taking into account all of the recent filings.
Airtel |
Sharpe Ratio = -0.0534
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Estimated Market Risk
3.96 actual daily | 35 65% of assets are more volatile |
Expected Return
-0.21 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
-0.05 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Airtel Africa 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 Airtel Africa by adding Airtel Africa to a well-diversified portfolio.
Related Headline
IDT Headline on 24th of July 2024
Disposition of 211269 shares by Howard Jonas of IDT subject ... by Howard Jonas
Filed transaction by IDT Corporation Director, 10 Percent Owner, Officer: Chairman. Disposition to the issuer of issuer equity securities pursuant to Rule 16b-3(e)
Airtel Africa Valuation on July 24, 2024
It is possible to determine the worth of Airtel Africa on a given historical date. On July 24, 2024 Airtel was worth 1.51 at the beginning of the trading date compared to the closed value of 1.51. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Airtel Africa pink sheet. Still, in general, we apply an absolute valuation method to find Airtel Africa'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 Airtel Africa where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Airtel Africa's related companies.
Open | High | Low | Close | Volume | |
1.51 | 1.51 | 1.51 | 1.51 | 1.00 | |
07/24/2024 | 1.51 | 1.51 | 1.51 | 1.51 | 1.00 |
1.21 | 1.21 | 1.21 | 1.21 | 3,063 |
Backtest Airtel Africa | | | Airtel Africa History | | | Airtel Africa Valuation | Previous | Next |
Airtel Africa Trading Date Momentum on July 24, 2024
On July 25 2024 Airtel Africa Plc was traded for 1.21 at the closing time. The highest daily price throughout the period was 1.21 and the lowest price was 1.21 . The daily volume was 3.1 K. The net trading volume on 07/25/2024 added to the next day price reduction. The overall trading delta to closing price of the next trading day was 19.87% . The overall trading delta to current closing price is 11.26% . |
Airtel Africa Plc Fundamentals Correlations and Trends
By evaluating Airtel Africa's financials over time, investors can gain insight into future company performance. However, you can also analyze the published financial statements to find patterns among Airtel Africa's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Airtel financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Airtel Africa Pink Sheet history
Airtel Africa 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 Airtel is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Airtel Africa Plc 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 Airtel Africa stock prices may prove useful in developing a viable investing in Airtel Africa
Airtel Africa Plc, together with its subsidiaries, provides telecommunications and mobile money services to customers in Nigeria, East Africa, and Francophone Africa. Airtel Africa Plc is a subsidiary of Airtel Africa Mauritius Limited. Airtel Africa operates under Telecom Services classification in the United States and is traded on OTC Exchange. It employs 3757 people.
Airtel Africa Pink Sheet Technical Analysis
Airtel Africa technical pink sheet 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, pink sheet market cycles, or different charting patterns.
Price Boundaries
Airtel Africa Period Price Range
Low | November 23, 2024
| High |
0.00 | 0.00 |
Airtel Africa Plc cannot be verified against its exchange. Please verify the symbol is currently traded on PINK 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.
Airtel Africa November 23, 2024 Market Strength
Market strength indicators help investors to evaluate how Airtel Africa pink sheet reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Airtel Africa shares will generate the highest return on investment. By undertsting and applying Airtel Africa pink sheet market strength indicators, traders can identify Airtel Africa Plc entry and exit signals to maximize returns
Airtel Africa Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Airtel Africa's price direction in advance. Along with the technical and fundamental analysis of Airtel Pink Sheet historical price patterns, it is also worthwhile for investors to track various predictive indicators of Airtel 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 | (0.03) | |||
Jensen Alpha | (0.31) | |||
Total Risk Alpha | (0.84) | |||
Treynor Ratio | (0.29) |
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Complementary Tools for Airtel Pink Sheet analysis
When running Airtel Africa's price analysis, check to measure Airtel Africa'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 Airtel Africa is operating at the current time. Most of Airtel Africa's value examination focuses on studying past and present price action to predict the probability of Airtel Africa's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Airtel Africa's price. Additionally, you may evaluate how the addition of Airtel Africa to your portfolios can decrease your overall portfolio volatility.
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