ABO (Belgium) Price on October 1, 2024
ABO Stock | EUR 5.25 0.05 0.96% |
If you're considering investing in ABO Stock, it is important to understand the factors that can impact its price. As of today, the current price of ABO stands at 5.25, as last reported on the 26th of November, with the highest price reaching 5.25 and the lowest price hitting 5.10 during the day. ABO Group secures Sharpe Ratio (or Efficiency) of -0.0971, which signifies that the company had a -0.0971% return per unit of risk over the last 3 months. ABO Group exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm ABO's Variance of 1.21, coefficient of variation of (1,045), and Mean Deviation of 0.7566 to double-check the risk estimate we provide.
ABO Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
ABO |
Sharpe Ratio = -0.0971
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Estimated Market Risk
1.12 actual daily | 9 91% of assets are more volatile |
Expected Return
-0.11 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
-0.1 actual daily | 0 Most of other assets perform better |
Based on monthly moving average ABO 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 by adding ABO to a well-diversified portfolio.
ABO Valuation on October 1, 2024
It is possible to determine the worth of ABO on a given historical date. On October 1, 2024 ABO was worth 5.75 at the beginning of the trading date compared to the closed value of 5.6. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of ABO stock. Still, in general, we apply an absolute valuation method to find ABO'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 where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against ABO's related companies.
Open | High | Low | Close | Volume | |
5.65 | 5.65 | 5.60 | 5.60 | 1,217 | |
10/01/2024 | 5.75 | 5.75 | 5.60 | 5.60 | 37.00 |
5.75 | 5.75 | 5.60 | 5.60 | 1.00 |
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ABO Trading Date Momentum on October 1, 2024
On October 02 2024 ABO Group was traded for 5.60 at the closing time. The maximum traded price for the trading interval was 5.75 and the lowest daily price was 5.60 . There was no trading activity during the period 1.0. Lack of trading volume on 2nd of October 2024 did not affect price variability. The overall trading delta to the closing price today is 3.57% . |
ABO Group Fundamentals Correlations and Trends
By evaluating ABO'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 ABO's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. ABO financial account trend analysis is a perfect complement when working with valuation or volatility modules.About ABO Stock history
ABO 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 ABO is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in ABO Group 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 ABO stock prices may prove useful in developing a viable investing in ABO
ABO-Group Environment NV provides integrated consulting and testing services in the areas of soil, environment, geotechnics, energy, and waste. Further, it provides waste management solutions comprising municipal solid waste management, integrated waste treatment facility design, enhanced landfill mining and waste recycling, life-cycle analysis, hazardous waste and asbestos inventory, and industrial liquid waste treatment design services. ABO GROUP operates under Waste Management classification in Belgium and is traded on Brussels Stock Exchange. It employs 364 people.
ABO Stock Technical Analysis
ABO 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
ABO Period Price Range
Low | November 26, 2024
| High |
0.00 | 0.00 |
ABO Group cannot be verified against its exchange. Please verify the symbol is currently traded on Euronext Brussels. 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 November 26, 2024 Market Strength
Market strength indicators help investors to evaluate how ABO 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 shares will generate the highest return on investment. By undertsting and applying ABO stock market strength indicators, traders can identify ABO Group entry and exit signals to maximize returns
ABO Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for ABO's price direction in advance. Along with the technical and fundamental analysis of ABO Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of ABO 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 | (0.07) | |||
Jensen Alpha | (0.12) | |||
Total Risk Alpha | (0.29) | |||
Treynor Ratio | (2.57) |
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Additional Tools for ABO Stock Analysis
When running ABO's price analysis, check to measure ABO'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 is operating at the current time. Most of ABO's value examination focuses on studying past and present price action to predict the probability of ABO'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's price. Additionally, you may evaluate how the addition of ABO to your portfolios can decrease your overall portfolio volatility.