ABC TRANSPORT (Nigeria) Price on February 19, 2024
| ABCTRANS | 1.17 0.02 1.68% |
If you're considering investing in ABC Stock, it is important to understand the factors that can impact its price. As of today, the current price of ABC TRANSPORT stands at 1.17, as last reported on the 29th of November, with the highest price reaching 1.19 and the lowest price hitting 1.17 during the day. ABC TRANSPORT appears to be extremely dangerous, given 3 months investment horizon. ABC TRANSPORT PLC retains Efficiency (Sharpe Ratio) of 0.16, which signifies that the company had a 0.16% return per unit of risk over the last 3 months. By examining ABC TRANSPORT's technical indicators, you can evaluate if the expected return of 0.8% is justified by implied risk. Please makes use of ABC TRANSPORT's market risk adjusted performance of 0.701, and Coefficient Of Variation of 635.27 to double-check if our risk estimates are consistent with your expectations.
ABC Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
ABC |
Sharpe Ratio = 0.1625
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Estimated Market Risk
| 4.95 actual daily | 44 56% of assets are more volatile |
Expected Return
| 0.8 actual daily | 15 85% of assets have higher returns |
Risk-Adjusted Return
| 0.16 actual daily | 12 88% of assets perform better |
Based on monthly moving average ABC TRANSPORT is performing at about 12% 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 ABC TRANSPORT by adding it to a well-diversified portfolio.
ABC TRANSPORT Valuation on February 19, 2024
It is possible to determine the worth of ABC TRANSPORT on a given historical date. On February 19, 2024 ABC was worth 0.92 at the beginning of the trading date compared to the closed value of 0.92. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of ABC TRANSPORT stock. Still, in general, we apply an absolute valuation method to find ABC TRANSPORT'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 ABC TRANSPORT where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against ABC TRANSPORT's related companies.
| Open | High | Low | Close | Volume | |
| 0.87 | 0.87 | 0.87 | 0.87 | 105,611 | |
02/19/2024 | 0.92 | 0.92 | 0.92 | 0.92 | 5,176,733 |
| 0.87 | 0.87 | 0.87 | 0.87 | 525,829 |
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ABC TRANSPORT Trading Date Momentum on February 19, 2024
| On February 20 2024 ABC TRANSPORT PLC was traded for 0.87 at the closing time. The highest price during the trading period was 0.87 and the lowest recorded bid was listed for 0.87 . The volume for the day was 525.8 K. This history from February 20, 2024 contributed to the next trading day price decline. The overall trading delta to the next closing price was 5.43% . The overall trading delta to the current price is 21.74% . |
Price Boundaries
ABC TRANSPORT Period Price Range
Low | November 29, 2024
| High |
0.00 | 0.00 |
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ABC TRANSPORT November 29, 2024 Market Strength
Market strength indicators help investors to evaluate how ABC TRANSPORT stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading ABC TRANSPORT shares will generate the highest return on investment. By undertsting and applying ABC TRANSPORT stock market strength indicators, traders can identify ABC TRANSPORT PLC entry and exit signals to maximize returns
ABC TRANSPORT Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for ABC TRANSPORT's price direction in advance. Along with the technical and fundamental analysis of ABC Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of ABC 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.