Aallon Group (Finland) Price on October 21, 2024

AALLON Stock  EUR 7.84  0.24  2.97%   
If you're considering investing in Aallon Stock, it is important to understand the factors that can impact its price. As of today, the current price of Aallon Group stands at 7.84, as last reported on the 25th of November, with the highest price reaching 8.14 and the lowest price hitting 7.84 during the day. Aallon Group Oyj secures Sharpe Ratio (or Efficiency) of -0.13, which signifies that the company had a -0.13% return per unit of risk over the last 3 months. Aallon Group Oyj exposes twenty-four different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm Aallon Group's Risk Adjusted Performance of (0.09), standard deviation of 1.32, and Mean Deviation of 0.9194 to double-check the risk estimate we provide.
  
Aallon Stock price history is provided at the adjusted basis, taking into account all of the recent filings.

Sharpe Ratio = -0.13

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Estimated Market Risk

 1.33
  actual daily
11
89% of assets are more volatile

Expected Return

 -0.17
  actual daily
0
Most of other assets have higher returns

Risk-Adjusted Return

 -0.13
  actual daily
0
Most of other assets perform better
Based on monthly moving average Aallon Group 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 Aallon Group by adding Aallon Group to a well-diversified portfolio.

Aallon Group Valuation on October 21, 2024

It is possible to determine the worth of Aallon Group on a given historical date. On October 21, 2024 Aallon was worth 8.34 at the beginning of the trading date compared to the closed value of 8.34. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Aallon Group stock. Still, in general, we apply an absolute valuation method to find Aallon Group'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 Aallon Group where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Aallon Group's related companies.
 Open High Low Close Volume
  8.34    8.34    8.34    8.34    240.00  
10/21/2024
  8.34    8.40    8.34    8.34    864.00  
  8.38    8.40    8.38    8.40    500.00  
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Open Value
8.34
8.34
Closing Value
12.32
Upside

Aallon Group Trading Date Momentum on October 21, 2024

On October 22 2024 Aallon Group Oyj was traded for  8.40  at the closing time. The highest price during the trading period was 8.40  and the lowest recorded bid was listed for  8.38 . The volume for the day was 500. This history from October 22, 2024 contributed to the next trading day price jump. The overall trading delta to the next closing price was 0.72% . The overall trading delta to the current price is 3.60% .

Aallon Group Oyj Fundamentals Correlations and Trends

By evaluating Aallon Group'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 Aallon Group's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Aallon financial account trend analysis is a perfect complement when working with valuation or volatility modules.

About Aallon Group Stock history

Aallon Group 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 Aallon is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Aallon Group Oyj 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 Aallon Group stock prices may prove useful in developing a viable investing in Aallon Group
Aallon Group Oyj provides accounting services to companies operating in Finland. Aallon Group Oyj was incorporated in 2018 and is based in Helsinki, Finland. Aallon Group is traded on Helsinki Exchange in Finland.

Aallon Group Stock Technical Analysis

Aallon Group technical 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, stock market cycles, or different charting patterns.
A focus of Aallon Group technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of Aallon Group trading pattern rather than external drivers such as economic, fundamental, or social events. It is believed that price action tends to repeat itself due to investors' collective, patterned behavior. Hence technical analysis focuses on identifiable price trends and conditions. More Info...

Price Boundaries

Aallon Group Period Price Range

Low
November 25, 2024
0.00  NaN%
High

 0.00 

     

 0.00 

Aallon Group Oyj cannot be verified against its exchange. Please verify the symbol is currently traded on Helsinki 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.

Aallon Group November 25, 2024 Market Strength

Market strength indicators help investors to evaluate how Aallon Group stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Aallon Group shares will generate the highest return on investment. By undertsting and applying Aallon Group stock market strength indicators, traders can identify Aallon Group Oyj entry and exit signals to maximize returns

Aallon Group Technical and Predictive Indicators

Predictive indicators are helping investors to find signals for Aallon Group's price direction in advance. Along with the technical and fundamental analysis of Aallon Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Aallon 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.

Complementary Tools for Aallon Stock analysis

When running Aallon Group's price analysis, check to measure Aallon Group'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 Aallon Group is operating at the current time. Most of Aallon Group's value examination focuses on studying past and present price action to predict the probability of Aallon Group's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Aallon Group's price. Additionally, you may evaluate how the addition of Aallon Group to your portfolios can decrease your overall portfolio volatility.
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