AmerisourceBergen (Germany) Price on May 4, 2024
| ABG Stock | EUR 222.95 2.55 1.13% |
If you're considering investing in AmerisourceBergen Stock, it is important to understand the factors that can impact its price. As of today, the current price of AmerisourceBergen stands at 222.95, as last reported on the 11th of December 2024, with the highest price reaching 222.95 and the lowest price hitting 222.95 during the day. At this point, AmerisourceBergen is very steady. AmerisourceBergen secures Sharpe Ratio (or Efficiency) of 0.0945, which signifies that the company had a 0.0945% return per unit of standard deviation over the last 3 months. We have found twenty-eight technical indicators for AmerisourceBergen, which you can use to evaluate the volatility of the firm. Please confirm AmerisourceBergen's mean deviation of 0.8676, and Risk Adjusted Performance of 0.0818 to double-check if the risk estimate we provide is consistent with the expected return of 0.12%.
AmerisourceBergen Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
AmerisourceBergen |
Sharpe Ratio = 0.0945
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Estimated Market Risk
| 1.27 actual daily | 11 89% of assets are more volatile |
Expected Return
| 0.12 actual daily | 2 98% of assets have higher returns |
Risk-Adjusted Return
| 0.09 actual daily | 7 93% of assets perform better |
Based on monthly moving average AmerisourceBergen 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 AmerisourceBergen by adding it to a well-diversified portfolio.
AmerisourceBergen Valuation on May 4, 2024
It is possible to determine the worth of AmerisourceBergen on a given historical date. On May 4, 2024 AmerisourceBergen was worth 207.02 at the beginning of the trading date compared to the closed value of 207.02. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of AmerisourceBergen stock. Still, in general, we apply an absolute valuation method to find AmerisourceBergen'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 AmerisourceBergen where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against AmerisourceBergen's related companies.
| Open | High | Low | Close | Volume | |
| 207.51 | 207.51 | 207.51 | 207.51 | 1.00 | |
05/03/2024 | 207.02 | 207.02 | 207.02 | 207.02 | 1.00 |
| 205.18 | 205.18 | 205.18 | 205.18 | 1.00 |
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AmerisourceBergen Trading Date Momentum on May 4, 2024
| On May 06 2024 AmerisourceBergen was traded for 205.18 at the closing time. The maximum traded price for the trading interval was 205.18 and the lowest daily price was 205.18 . There was no trading activity during the period 1.0. Lack of trading volume on 6th of May 2024 played a part in the next trading day price drop. The overall trading delta to the next closing price was 0.89% . The overall trading delta to the closing price today is 0.57% . |
AmerisourceBergen Fundamentals Correlations and Trends
By evaluating AmerisourceBergen'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 AmerisourceBergen's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. AmerisourceBergen financial account trend analysis is a perfect complement when working with valuation or volatility modules.About AmerisourceBergen Stock history
AmerisourceBergen 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 AmerisourceBergen is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in AmerisourceBergen 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 AmerisourceBergen stock prices may prove useful in developing a viable investing in AmerisourceBergen
AmerisourceBergen Stock Technical Analysis
AmerisourceBergen 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.
Price Boundaries
AmerisourceBergen Period Price Range
Low | December 11, 2024
| High |
0.00 | 0.00 |
AmerisourceBergen cannot be verified against its exchange. Please verify the symbol is currently traded on Berlin 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.
AmerisourceBergen December 11, 2024 Market Strength
Market strength indicators help investors to evaluate how AmerisourceBergen stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading AmerisourceBergen shares will generate the highest return on investment. By undertsting and applying AmerisourceBergen stock market strength indicators, traders can identify AmerisourceBergen entry and exit signals to maximize returns
AmerisourceBergen Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for AmerisourceBergen's price direction in advance. Along with the technical and fundamental analysis of AmerisourceBergen Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of AmerisourceBergen 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 | 0.0818 | |||
| Jensen Alpha | 0.1026 | |||
| Total Risk Alpha | (0.07) | |||
| Sortino Ratio | 0.007 | |||
| Treynor Ratio | 0.6782 |
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Complementary Tools for AmerisourceBergen Stock analysis
When running AmerisourceBergen's price analysis, check to measure AmerisourceBergen'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 AmerisourceBergen is operating at the current time. Most of AmerisourceBergen's value examination focuses on studying past and present price action to predict the probability of AmerisourceBergen's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move AmerisourceBergen's price. Additionally, you may evaluate how the addition of AmerisourceBergen to your portfolios can decrease your overall portfolio volatility.
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