Agnico Eagle (Germany) Price on July 31, 2024
| AE9 Stock | EUR 78.60 0.62 0.78% |
If you're considering investing in Agnico Stock, it is important to understand the factors that can impact its price. As of today, the current price of Agnico Eagle stands at 78.60, as last reported on the 23rd of November, with the highest price reaching 78.90 and the lowest price hitting 77.46 during the day. At this point, Agnico Eagle is very steady. Agnico Eagle Mines secures Sharpe Ratio (or Efficiency) of 0.0568, which signifies that the company had a 0.0568% return per unit of risk over the last 3 months. We have found thirty technical indicators for Agnico Eagle Mines, which you can use to evaluate the volatility of the firm. Please confirm Agnico Eagle's Downside Deviation of 1.89, risk adjusted performance of 0.0563, and Mean Deviation of 1.51 to double-check if the risk estimate we provide is consistent with the expected return of 0.11%.
Agnico Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
Agnico |
Sharpe Ratio = 0.0568
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| Cash | Small Risk | AE9 | High Risk | Huge Risk |
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Estimated Market Risk
| 1.92 actual daily | 17 83% of assets are more volatile |
Expected Return
| 0.11 actual daily | 2 98% of assets have higher returns |
Risk-Adjusted Return
| 0.06 actual daily | 4 96% of assets perform better |
Based on monthly moving average Agnico Eagle is performing at about 4% 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 Agnico Eagle by adding it to a well-diversified portfolio.
Agnico Eagle Valuation on July 31, 2024
It is possible to determine the worth of Agnico Eagle on a given historical date. On July 31, 2024 Agnico was worth 69.32 at the beginning of the trading date compared to the closed value of 69.62. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Agnico Eagle stock. Still, in general, we apply an absolute valuation method to find Agnico Eagle'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 Agnico Eagle where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Agnico Eagle's related companies.
| Open | High | Low | Close | Volume | |
| 68.44 | 68.90 | 68.26 | 68.26 | 263.00 | |
07/31/2024 | 69.32 | 69.62 | 69.32 | 69.62 | 100.00 |
| 70.77 | 71.47 | 70.07 | 70.21 | 1,697 |
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Agnico Eagle Trading Date Momentum on July 31, 2024
| On August 01 2024 Agnico Eagle Mines was traded for 70.21 at the closing time. The highest daily price throughout the period was 71.47 and the lowest price was 70.07 . The daily volume was 1.7 K. The net trading volume on 08/01/2024 added to the next day price rise. The overall trading delta to closing price of the next trading day was 0.85% . The overall trading delta to current closing price is 2.31% . |
Agnico Eagle Mines Fundamentals Correlations and Trends
By evaluating Agnico Eagle'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 Agnico Eagle's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Agnico financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Agnico Eagle Stock history
Agnico Eagle 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 Agnico is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Agnico Eagle Mines 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 Agnico Eagle stock prices may prove useful in developing a viable investing in Agnico Eagle
Agnico Eagle Mines Limited engages in the exploration, development, and production of mineral properties in Canada, Mexico, and Finland. Agnico Eagle Mines Limited was founded in 1953 and is headquartered in Toronto, Canada. AGNICO EAGLE operates under Gold classification in Germany and is traded on Frankfurt Stock Exchange. It employs 5990 people.
Agnico Eagle Stock Technical Analysis
Agnico Eagle 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
Agnico Eagle Period Price Range
Low | November 23, 2024
| High |
0.00 | 0.00 |
Agnico Eagle Mines cannot be verified against its exchange. Please verify the symbol is currently traded on Frankfurt 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.
Agnico Eagle November 23, 2024 Market Strength
Market strength indicators help investors to evaluate how Agnico Eagle stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Agnico Eagle shares will generate the highest return on investment. By undertsting and applying Agnico Eagle stock market strength indicators, traders can identify Agnico Eagle Mines entry and exit signals to maximize returns
Agnico Eagle Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Agnico Eagle's price direction in advance. Along with the technical and fundamental analysis of Agnico Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Agnico 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 | 0.0563 | |||
| Jensen Alpha | 0.1019 | |||
| Total Risk Alpha | (0.13) | |||
| Sortino Ratio | 0.0087 | |||
| Treynor Ratio | 0.8233 |
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Complementary Tools for Agnico Stock analysis
When running Agnico Eagle's price analysis, check to measure Agnico Eagle'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 Agnico Eagle is operating at the current time. Most of Agnico Eagle's value examination focuses on studying past and present price action to predict the probability of Agnico Eagle's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Agnico Eagle's price. Additionally, you may evaluate how the addition of Agnico Eagle to your portfolios can decrease your overall portfolio volatility.
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