Aspocomp Group (Finland) Price on October 16, 2024
| ACG1V Stock | EUR 2.91 0.01 0.34% |
If you're considering investing in Aspocomp Stock, it is important to understand the factors that can impact its price. As of today, the current price of Aspocomp Group stands at 2.91, as last reported on the 29th of November, with the highest price reaching 2.93 and the lowest price hitting 2.85 during the day. Aspocomp Group is unstable at the moment. Aspocomp Group Oyj secures Sharpe Ratio (or Efficiency) of 0.0441, which signifies that the company had a 0.0441% return per unit of risk over the last 3 months. We have found twenty-nine technical indicators for Aspocomp Group Oyj, which you can use to evaluate the volatility of the firm. Please confirm Aspocomp Group's Mean Deviation of 2.12, downside deviation of 2.57, and Risk Adjusted Performance of 0.0423 to double-check if the risk estimate we provide is consistent with the expected return of 0.13%.
Aspocomp Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
Aspocomp |
Sharpe Ratio = 0.0441
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Estimated Market Risk
| 2.89 actual daily | 25 75% of assets are more volatile |
Expected Return
| 0.13 actual daily | 2 98% of assets have higher returns |
Risk-Adjusted Return
| 0.04 actual daily | 3 97% of assets perform better |
Based on monthly moving average Aspocomp Group is performing at about 3% 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 Aspocomp Group by adding it to a well-diversified portfolio.
Aspocomp Group Valuation on October 16, 2024
It is possible to determine the worth of Aspocomp Group on a given historical date. On October 16, 2024 Aspocomp was worth 2.78 at the beginning of the trading date compared to the closed value of 2.78. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Aspocomp Group stock. Still, in general, we apply an absolute valuation method to find Aspocomp 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 Aspocomp Group where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Aspocomp Group's related companies.
| Open | High | Low | Close | Volume | |
| 2.80 | 2.80 | 2.70 | 2.71 | 1,267 | |
10/16/2024 | 2.78 | 2.79 | 2.70 | 2.78 | 1,890 |
| 2.78 | 2.78 | 2.66 | 2.76 | 2,240 |
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Aspocomp Group Trading Date Momentum on October 16, 2024
| On October 17 2024 Aspocomp Group Oyj was traded for 2.76 at the closing time. The highest price during the trading period was 2.78 and the lowest recorded bid was listed for 2.66 . The volume for the day was 2.2 K. This history from October 17, 2024 contributed to the next trading day price decline. The overall trading delta to the next closing price was 0.72% . The overall trading delta to the current price is 6.83% . |
Aspocomp Group Oyj Fundamentals Correlations and Trends
By evaluating Aspocomp 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 Aspocomp Group's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Aspocomp financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Aspocomp Group Stock history
Aspocomp 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 Aspocomp is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Aspocomp Group Oyj 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 Aspocomp Group stock prices may prove useful in developing a viable investing in Aspocomp Group
Aspocomp Group Oyj manufactures and sells printed circuit boards in Finland, rest of Europe, Asia, and internationally. The company was founded in 1999 and is headquartered in Espoo, Finland. Aspocomp Group operates under Electronic Components classification in Finland and is traded on Helsinki Exchange. It employs 118 people.
Aspocomp Group Stock Technical Analysis
Aspocomp 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.
Price Boundaries
Aspocomp Group Period Price Range
Low | November 29, 2024
| High |
0.00 | 0.00 |
Aspocomp Group Oyj cannot be verified against its exchange. Please verify the symbol is currently traded on Helsinki 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.
Aspocomp Group November 29, 2024 Market Strength
Market strength indicators help investors to evaluate how Aspocomp 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 Aspocomp Group shares will generate the highest return on investment. By undertsting and applying Aspocomp Group stock market strength indicators, traders can identify Aspocomp Group Oyj entry and exit signals to maximize returns
Aspocomp Group Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Aspocomp Group's price direction in advance. Along with the technical and fundamental analysis of Aspocomp Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Aspocomp 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 | 0.0423 | |||
| Jensen Alpha | 0.1034 | |||
| Total Risk Alpha | (0.31) | |||
| Sortino Ratio | 0.0025 | |||
| Treynor Ratio | 0.7623 |
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Complementary Tools for Aspocomp Stock analysis
When running Aspocomp Group's price analysis, check to measure Aspocomp 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 Aspocomp Group is operating at the current time. Most of Aspocomp Group's value examination focuses on studying past and present price action to predict the probability of Aspocomp 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 Aspocomp Group's price. Additionally, you may evaluate how the addition of Aspocomp Group to your portfolios can decrease your overall portfolio volatility.
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