Acast AB (Sweden) Price on August 5, 2024

ACAST Stock   14.90  0.05  0.34%   
If you're considering investing in Acast Stock, it is important to understand the factors that can impact its price. As of today, the current price of Acast AB stands at 14.90, as last reported on the 27th of November, with the highest price reaching 15.10 and the lowest price hitting 14.90 during the day. Acast AB secures Sharpe Ratio (or Efficiency) of -0.0577, which signifies that the company had a -0.0577% return per unit of standard deviation over the last 3 months. Acast AB exposes twenty-two different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm Acast AB's risk adjusted performance of (0.04), and Mean Deviation of 1.73 to double-check the risk estimate we provide.
  
Acast Stock price history is provided at the adjusted basis, taking into account all of the recent filings.

Sharpe Ratio = -0.0577

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Estimated Market Risk

 2.37
  actual daily
21
79% of assets are more volatile

Expected Return

 -0.14
  actual daily
0
Most of other assets have higher returns

Risk-Adjusted Return

 -0.06
  actual daily
0
Most of other assets perform better
Based on monthly moving average Acast AB 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 Acast AB by adding Acast AB to a well-diversified portfolio.

Acast AB Valuation on August 5, 2024

It is possible to determine the worth of Acast AB on a given historical date. On August 5, 2024 Acast was worth 16.2 at the beginning of the trading date compared to the closed value of 15.85. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Acast AB stock. Still, in general, we apply an absolute valuation method to find Acast AB'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 Acast AB where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Acast AB's related companies.
 Open High Low Close Volume
  17.05    17.20    16.40    16.60    71,188  
08/05/2024
  16.20    16.20    14.45    15.85    286,830  
  15.90    16.75    15.85    16.40    56,544  
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Open Value
16.2
15.85
Closing Value
23.30
Upside

Acast AB Trading Date Momentum on August 5, 2024

On August 06 2024 Acast AB was traded for  16.40  at the closing time. The highest price during the trading period was 16.75  and the lowest recorded bid was listed for  15.85 . The volume for the day was 56.5 K. This history from August 6, 2024 contributed to the next trading day price appreciation. The overall trading delta to the next closing price was 3.47% . The overall trading delta to the current price is 1.26% .

Acast AB Fundamentals Correlations and Trends

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

About Acast AB Stock history

Acast AB 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 Acast is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Acast AB 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 Acast AB stock prices may prove useful in developing a viable investing in Acast AB

Acast AB Stock Technical Analysis

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

Acast AB Period Price Range

Low
November 27, 2024
0.00  NaN%
High

 0.00 

     

 0.00 

Acast AB cannot be verified against its exchange. Please verify the symbol is currently traded on Stockholm 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.

Acast AB November 27, 2024 Market Strength

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

Acast AB Technical and Predictive Indicators

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

Additional Tools for Acast Stock Analysis

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