Afarak Group (Finland) Price on November 29, 2024
| AFAGR Stock | EUR 0.25 0.01 3.85% |
If you're considering investing in Afarak Stock, it is important to understand the factors that can impact its price. As of today, the current price of Afarak Group stands at 0.25, as last reported on the 2nd of December, with the highest price reaching 0.26 and the lowest price hitting 0.25 during the day. Afarak Group Oyj secures Sharpe Ratio (or Efficiency) of -0.0602, which signifies that the company had a -0.0602% return per unit of standard deviation over the last 3 months. Afarak Group Oyj exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm Afarak Group's risk adjusted performance of 0.0053, and Mean Deviation of 2.02 to double-check the risk estimate we provide.
Afarak Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
Afarak |
Sharpe Ratio = -0.0602
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| Negative Returns | AFAGR |
Estimated Market Risk
| 3.04 actual daily | 27 73% of assets are more volatile |
Expected Return
| -0.18 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| -0.06 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Afarak 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 Afarak Group by adding Afarak Group to a well-diversified portfolio.
Afarak Group Valuation on November 29, 2024
It is possible to determine the worth of Afarak Group on a given historical date. On November 29, 2024 Afarak was worth 0.25 at the beginning of the trading date compared to the closed value of 0.25. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Afarak Group stock. Still, in general, we apply an absolute valuation method to find Afarak 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 Afarak Group where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Afarak Group's related companies.
| Open | High | Low | Close | Volume | |
| 0.26 | 0.26 | 0.25 | 0.25 | 72,685 | |
11/29/2024 | 0.25 | 0.26 | 0.25 | 0.25 | 36,702 |
| 0.25 | 0.26 | 0.25 | 0.25 | 0.00 |
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Afarak Group Trading Date Momentum on November 29, 2024
| On December 02 2024 Afarak Group Oyj was traded for 0.25 at the closing time. The highest price during the trading period was 0.26 and the lowest recorded bid was listed for 0.25 . There was no trading activity during the period 0.0. Lack of trading volume on December 2, 2024 did not affect price variability. The overall trading delta to the current price is 0.00% . |
Afarak Group Oyj Fundamentals Correlations and Trends
By evaluating Afarak 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 Afarak Group's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Afarak financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Afarak Group Stock history
Afarak 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 Afarak is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Afarak 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 Afarak Group stock prices may prove useful in developing a viable investing in Afarak Group
Afarak Group Oyj engages in production and supply of chrome products worldwide. Afarak Group Oyj was founded in 1984 and is based in Helsinki, Finland. Afarak Group operates under Industrial Metals Minerals classification in Finland and is traded on Helsinki Exchange. It employs 1052 people.
Afarak Group Stock Technical Analysis
Afarak 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
Afarak Group Period Price Range
Low | December 2, 2024
| High |
0.00 | 0.00 |
Afarak 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.
Afarak Group December 2, 2024 Market Strength
Market strength indicators help investors to evaluate how Afarak 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 Afarak Group shares will generate the highest return on investment. By undertsting and applying Afarak Group stock market strength indicators, traders can identify Afarak Group Oyj entry and exit signals to maximize returns
Afarak Group Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Afarak Group's price direction in advance. Along with the technical and fundamental analysis of Afarak Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Afarak 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 | 0.0053 | |||
| Jensen Alpha | (0.01) | |||
| Total Risk Alpha | (0.55) | |||
| Treynor Ratio | 0.2323 |
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Complementary Tools for Afarak Stock analysis
When running Afarak Group's price analysis, check to measure Afarak 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 Afarak Group is operating at the current time. Most of Afarak Group's value examination focuses on studying past and present price action to predict the probability of Afarak 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 Afarak Group's price. Additionally, you may evaluate how the addition of Afarak Group to your portfolios can decrease your overall portfolio volatility.
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