Aida Engineering Ltd Stock Price on November 29, 2024
ADERY Stock | USD 49.13 0.00 0.00% |
If you're considering investing in Aida Pink Sheet, it is important to understand the factors that can impact its price. As of today, the current price of Aida Engineering stands at 49.13, as last reported on the 2nd of December, with the highest price reaching 49.13 and the lowest price hitting 49.13 during the day. Aida Engineering secures Sharpe Ratio (or Efficiency) of -0.16, which signifies that the company had a -0.16% return per unit of standard deviation over the last 3 months. Aida Engineering Ltd exposes sixteen different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm Aida Engineering's mean deviation of 0.4805, and Risk Adjusted Performance of (0.11) to double-check the risk estimate we provide.
Aida Pink Sheet price history is provided at the adjusted basis, taking into account all of the recent filings.
Aida |
Sharpe Ratio = -0.1562
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Estimated Market Risk
1.46 actual daily | 13 87% of assets are more volatile |
Expected Return
-0.23 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
-0.16 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Aida Engineering 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 Aida Engineering by adding Aida Engineering to a well-diversified portfolio.
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Aida Engineering Valuation on November 29, 2024
It is possible to determine the worth of Aida Engineering on a given historical date. On November 29, 2024 Aida was worth 49.13 at the beginning of the trading date compared to the closed value of 49.13. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Aida Engineering pink sheet. Still, in general, we apply an absolute valuation method to find Aida Engineering'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 Aida Engineering where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Aida Engineering's related companies.
Open | High | Low | Close | Volume | |
52.00 | 52.00 | 49.13 | 49.13 | 859.00 | |
11/29/2024 | 49.13 | 49.13 | 49.13 | 49.13 | 1.00 |
49.13 | 49.13 | 49.13 | 49.13 | 0.00 |
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Aida Engineering Trading Date Momentum on November 29, 2024
On December 02 2024 Aida Engineering Ltd was traded for 49.13 at the closing time. The highest daily price throughout the period was 49.13 and the lowest price was 49.13 . There was no trading activity during the period 0.0. Lack of trading volume on 12/02/2024 did not affect price variability. The overall trading delta to current closing price is 0.00% . |
Aida Engineering Fundamentals Correlations and Trends
By evaluating Aida Engineering'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 Aida Engineering's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Aida financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Aida Engineering Pink Sheet history
Aida Engineering 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 Aida is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Aida Engineering 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 Aida Engineering stock prices may prove useful in developing a viable investing in Aida Engineering
Aida Engineering, Ltd. manufactures and sells press machines, auto-processing lines, industrial robots, auto-conveyers, and dies in Japan, China, rest of Asia, the Americas, and Europe. Aida Engineering, Ltd. was founded in 1917 and is headquartered in Sagamihara, Japan. Aida Engineering operates under Specialty Industrial Machinery classification in the United States and is traded on OTC Exchange. It employs 2057 people.
Aida Engineering Pink Sheet Technical Analysis
Aida Engineering technical pink sheet 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, pink sheet market cycles, or different charting patterns.
Price Boundaries
Aida Engineering Period Price Range
Low | December 2, 2024
| High |
0.00 | 0.00 |
Aida Engineering Ltd cannot be verified against its exchange. Please verify the symbol is currently traded on PINK 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.
Aida Engineering December 2, 2024 Market Strength
Market strength indicators help investors to evaluate how Aida Engineering pink sheet reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Aida Engineering shares will generate the highest return on investment. By undertsting and applying Aida Engineering pink sheet market strength indicators, traders can identify Aida Engineering Ltd entry and exit signals to maximize returns
Aida Engineering Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Aida Engineering's price direction in advance. Along with the technical and fundamental analysis of Aida Pink Sheet historical price patterns, it is also worthwhile for investors to track various predictive indicators of Aida 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 | (0.11) | |||
Jensen Alpha | (0.26) | |||
Total Risk Alpha | (0.48) | |||
Treynor Ratio | (1.37) |
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Additional Tools for Aida Pink Sheet Analysis
When running Aida Engineering's price analysis, check to measure Aida Engineering'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 Aida Engineering is operating at the current time. Most of Aida Engineering's value examination focuses on studying past and present price action to predict the probability of Aida Engineering's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Aida Engineering's price. Additionally, you may evaluate how the addition of Aida Engineering to your portfolios can decrease your overall portfolio volatility.