Advtech (South Africa) Price on November 25, 2024
| ADH Stock | 3,310 5.00 0.15% |
If you're considering investing in Advtech Stock, it is important to understand the factors that can impact its price. As of today, the current price of Advtech stands at 3,310, as last reported on the 1st of December, with the highest price reaching 3,350 and the lowest price hitting 3,291 during the day. At this point, Advtech is very steady. Advtech secures Sharpe Ratio (or Efficiency) of 0.0047, which signifies that the company had a 0.0047% return per unit of risk over the last 3 months. We have found thirty technical indicators for Advtech, which you can use to evaluate the volatility of the firm. Please confirm Advtech's Risk Adjusted Performance of 0.0095, mean deviation of 0.9961, and Downside Deviation of 1.44 to double-check if the risk estimate we provide is consistent with the expected return of 0.0062%.
Advtech Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
Advtech |
Sharpe Ratio = 0.0047
| Best Portfolio | Best Equity | |||
| Good Returns | ||||
| Average Returns | ||||
| Small Returns | ||||
| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
| Negative Returns | ADH |
Estimated Market Risk
| 1.31 actual daily | 11 89% of assets are more volatile |
Expected Return
| 0.01 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| 0.0 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Advtech 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 Advtech by adding Advtech to a well-diversified portfolio.
Advtech Valuation on November 25, 2024
It is possible to determine the worth of Advtech on a given historical date. On November 25, 2024 Advtech was worth 3194.0 at the beginning of the trading date compared to the closed value of 3165.0. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Advtech stock. Still, in general, we apply an absolute valuation method to find Advtech'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 Advtech where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Advtech's related companies.
| Open | High | Low | Close | Volume | |
| 3,200 | 3,200 | 3,155 | 3,177 | 151,307 | |
11/25/2024 | 3,194 | 3,199 | 3,155 | 3,165 | 189,941 |
| 3,102 | 3,200 | 3,102 | 3,195 | 142,436 |
| Backtest Advtech | | | Advtech History | | | Advtech Valuation | Previous | Next |
Advtech Trading Date Momentum on November 25, 2024
| On November 26 2024 Advtech was traded for 3,195 at the closing time. The highest price during the trading period was 3,200 and the lowest recorded bid was listed for 3,102 . The volume for the day was 142.4 K. This history from November 26, 2024 contributed to the next trading day price growth. The overall trading delta to the next closing price was 0.95% . The overall trading delta to the current price is 5.09% . |
Advtech Fundamentals Correlations and Trends
By evaluating Advtech'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 Advtech's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Advtech financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Advtech Stock history
Advtech 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 Advtech is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Advtech 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 Advtech stock prices may prove useful in developing a viable investing in Advtech
Advtech Stock Technical Analysis
Advtech 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
Advtech Period Price Range
Low | December 1, 2024
| High |
0.00 | 0.00 |
Advtech cannot be verified against its exchange. Please verify the symbol is currently traded on Johannesburg 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.
Advtech December 1, 2024 Market Strength
Market strength indicators help investors to evaluate how Advtech stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Advtech shares will generate the highest return on investment. By undertsting and applying Advtech stock market strength indicators, traders can identify Advtech entry and exit signals to maximize returns
Advtech Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Advtech's price direction in advance. Along with the technical and fundamental analysis of Advtech Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Advtech 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 | 0.0095 | |||
| Jensen Alpha | (0.03) | |||
| Total Risk Alpha | (0.23) | |||
| Sortino Ratio | (0.09) | |||
| Treynor Ratio | (0) |
| Cycle Indicators | ||
| Math Operators | ||
| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
Complementary Tools for Advtech Stock analysis
When running Advtech's price analysis, check to measure Advtech'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 Advtech is operating at the current time. Most of Advtech's value examination focuses on studying past and present price action to predict the probability of Advtech's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Advtech's price. Additionally, you may evaluate how the addition of Advtech to your portfolios can decrease your overall portfolio volatility.
| Watchlist Optimization Optimize watchlists to build efficient portfolios or rebalance existing positions based on the mean-variance optimization algorithm | |
| Efficient Frontier Plot and analyze your portfolio and positions against risk-return landscape of the market. | |
| Risk-Return Analysis View associations between returns expected from investment and the risk you assume |