Asahi Group (Germany) Price on July 22, 2024

ABW Stock  EUR 10.35  0.23  2.27%   
If you're considering investing in Asahi Stock, it is important to understand the factors that can impact its price. As of today, the current price of Asahi Group stands at 10.35, as last reported on the 30th of November, with the highest price reaching 10.35 and the lowest price hitting 10.20 during the day. Asahi Group Holdings secures Sharpe Ratio (or Efficiency) of -0.0292, which signifies that the company had a -0.0292% return per unit of standard deviation over the last 3 months. Asahi Group Holdings exposes twenty-four different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm Asahi Group's mean deviation of 1.63, and Risk Adjusted Performance of (0.03) to double-check the risk estimate we provide.
  
Asahi Stock price history is provided at the adjusted basis, taking into account all of the recent filings.

Sharpe Ratio = -0.0292

Best PortfolioBest Equity
Good Returns
Average Returns
Small Returns
CashSmall RiskAverage RiskHigh RiskHuge Risk
Negative ReturnsABW

Estimated Market Risk

 2.15
  actual daily
19
81% of assets are more volatile

Expected Return

 -0.06
  actual daily
0
Most of other assets have higher returns

Risk-Adjusted Return

 -0.03
  actual daily
0
Most of other assets perform better
Based on monthly moving average Asahi 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 Asahi Group by adding Asahi Group to a well-diversified portfolio.

Asahi Group Valuation on July 22, 2024

It is possible to determine the worth of Asahi Group on a given historical date. On July 22, 2024 Asahi was worth 11.39 at the beginning of the trading date compared to the closed value of 11.39. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Asahi Group stock. Still, in general, we apply an absolute valuation method to find Asahi 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 Asahi Group where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Asahi Group's related companies.
 Open High Low Close Volume
  11.24    11.43    11.24    11.43    9.00  
07/22/2024
  11.39    11.39    11.39    11.39    9.00  
  11.33    11.33    11.33    11.33    1.00  
Backtest Asahi Group  |  Asahi Group History  |  Asahi Group Valuation   PreviousNext  
Open Value
11.39
11.39
Closing Value
17.83
Upside

Asahi Group Trading Date Momentum on July 22, 2024

On July 23 2024 Asahi Group Holdings was traded for  11.33  at the closing time. The highest daily price throughout the period was 11.33  and the lowest price was  11.33 . There was no trading activity during the period 1.0. Lack of trading volume on 07/23/2024 added to the next day price reduction. The overall trading delta to closing price of the next trading day was 0.53% . The overall trading delta to current closing price is 4.13% .

Asahi Group Holdings Fundamentals Correlations and Trends

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

About Asahi Group Stock history

Asahi 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 Asahi is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Asahi Group Holdings 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 Asahi Group stock prices may prove useful in developing a viable investing in Asahi Group
Asahi Group Holdings, Ltd. manufactures and sells alcoholic beverages, soft drinks, and food products in Japan and internationally. Asahi Group Holdings, Ltd. was founded in 1889 and is based in Tokyo, Japan. ASAHI GROUP operates under Beverages - Brewers classification in Germany and is traded on Frankfurt Stock Exchange. It employs 28055 people.

Asahi Group Stock Technical Analysis

Asahi 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 Asahi Group technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of Asahi 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

Asahi Group Period Price Range

Low
November 30, 2024
0.00  NaN%
High

 0.00 

     

 0.00 

Asahi Group Holdings cannot be verified against its exchange. Please verify the symbol is currently traded on Frankfurt 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.

Asahi Group November 30, 2024 Market Strength

Market strength indicators help investors to evaluate how Asahi 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 Asahi Group shares will generate the highest return on investment. By undertsting and applying Asahi Group stock market strength indicators, traders can identify Asahi Group Holdings entry and exit signals to maximize returns

Asahi Group Technical and Predictive Indicators

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

When running Asahi Group's price analysis, check to measure Asahi 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 Asahi Group is operating at the current time. Most of Asahi Group's value examination focuses on studying past and present price action to predict the probability of Asahi 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 Asahi Group's price. Additionally, you may evaluate how the addition of Asahi Group to your portfolios can decrease your overall portfolio volatility.
Efficient Frontier
Plot and analyze your portfolio and positions against risk-return landscape of the market.
Theme Ratings
Determine theme ratings based on digital equity recommendations. Macroaxis theme ratings are based on combination of fundamental analysis and risk-adjusted market performance
Content Syndication
Quickly integrate customizable finance content to your own investment portal
Technical Analysis
Check basic technical indicators and analysis based on most latest market data
Instant Ratings
Determine any equity ratings based on digital recommendations. Macroaxis instant equity ratings are based on combination of fundamental analysis and risk-adjusted market performance