Adecco Group (Switzerland) Price on October 16, 2024

ADEN Stock  CHF 23.50  0.02  0.09%   
If you're considering investing in Adecco Stock, it is important to understand the factors that can impact its price. As of today, the current price of Adecco Group stands at 23.50, as last reported on the 30th of November, with the highest price reaching 23.64 and the lowest price hitting 23.34 during the day. Adecco Group AG secures Sharpe Ratio (or Efficiency) of -0.17, which signifies that the company had a -0.17% return per unit of standard deviation over the last 3 months. Adecco Group AG exposes twenty-two different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm Adecco Group's mean deviation of 1.23, and Risk Adjusted Performance of (0.13) to double-check the risk estimate we provide.
  
Adecco Stock price history is provided at the adjusted basis, taking into account all of the recent filings.

Sharpe Ratio = -0.1742

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Estimated Market Risk

 1.71
  actual daily
15
85% of assets are more volatile

Expected Return

 -0.3
  actual daily
0
Most of other assets have higher returns

Risk-Adjusted Return

 -0.17
  actual daily
0
Most of other assets perform better
Based on monthly moving average Adecco 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 Adecco Group by adding Adecco Group to a well-diversified portfolio.

Adecco Group Valuation on October 16, 2024

It is possible to determine the worth of Adecco Group on a given historical date. On October 16, 2024 Adecco was worth 28.3 at the beginning of the trading date compared to the closed value of 29.02. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Adecco Group stock. Still, in general, we apply an absolute valuation method to find Adecco 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 Adecco Group where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Adecco Group's related companies.
 Open High Low Close Volume
  28.36    28.48    28.18    28.46    524,758  
10/16/2024
  28.30    29.22    28.26    29.02    982,468  
  28.92    29.04    27.46    27.76    2,219,156  
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Open Value
28.3
29.02
Closing Value
33.43
Upside

Adecco Group Trading Date Momentum on October 16, 2024

On October 17 2024 Adecco Group AG was traded for  27.76  at the closing time. The highest price during the trading period was 29.04  and the lowest recorded bid was listed for  27.46 . The volume for the day was 2.2 M. This history from October 17, 2024 contributed to the next trading day price decline. The overall trading delta to the next closing price was 4.34% . The overall trading delta to the current price is 2.76% .

Adecco Group AG Fundamentals Correlations and Trends

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

About Adecco Group Stock history

Adecco 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 Adecco is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Adecco Group AG 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 Adecco Group stock prices may prove useful in developing a viable investing in Adecco Group
Adecco Group AG, together with its subsidiaries, provides human resource services to businesses and organizations worldwide. Adecco Group AG was founded in 1957 and is based in Zurich, Switzerland. ADECCO N is traded on Switzerland Exchange in Switzerland.

Adecco Group Stock Technical Analysis

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

Adecco Group Period Price Range

Low
November 30, 2024
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High

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Adecco Group AG cannot be verified against its exchange. Please verify the symbol is currently traded on SIX Swiss 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.

Adecco Group November 30, 2024 Market Strength

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

Adecco Group Technical and Predictive Indicators

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

When running Adecco Group's price analysis, check to measure Adecco 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 Adecco Group is operating at the current time. Most of Adecco Group's value examination focuses on studying past and present price action to predict the probability of Adecco 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 Adecco Group's price. Additionally, you may evaluate how the addition of Adecco Group to your portfolios can decrease your overall portfolio volatility.