AECI (South Africa) Price on December 21, 2023

AFE Stock   9,224  84.00  0.90%   
If you're considering investing in AECI Stock, it is important to understand the factors that can impact its price. As of today, the current price of AECI stands at 9,224, as last reported on the 29th of November, with the highest price reaching 9,399 and the lowest price hitting 9,211 during the day. AECI retains Efficiency (Sharpe Ratio) of -0.23, which signifies that the company had a -0.23% return per unit of risk over the last 3 months. AECI exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm AECI's market risk adjusted performance of 7.97, and Variance of 0.9715 to double-check the risk estimate we provide.
  
AECI Stock price history is provided at the adjusted basis, taking into account all of the recent filings.

Sharpe Ratio = -0.232

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Estimated Market Risk

 0.99
  actual daily
8
92% of assets are more volatile

Expected Return

 -0.23
  actual daily
0
Most of other assets have higher returns

Risk-Adjusted Return

 -0.23
  actual daily
0
Most of other assets perform better
Based on monthly moving average AECI 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 AECI by adding AECI to a well-diversified portfolio.

AECI Valuation on December 21, 2023

It is possible to determine the worth of AECI on a given historical date. On December 21, 2023 AECI was worth 10710.0 at the beginning of the trading date compared to the closed value of 10785.0. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of AECI stock. Still, in general, we apply an absolute valuation method to find AECI'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 AECI where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against AECI's related companies.
 Open High Low Close Volume
  10,425    10,621    10,299    10,615    125,749  
12/21/2023
  10,710    10,792    10,545    10,785    109,128  
  10,900    10,972    10,851    10,954    36,228  
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Open Value
10710.0
10,707
Downside
10785.0
Closing Value
10,713
Upside

AECI Trading Date Momentum on December 21, 2023

On December 22 2023 AECI was traded for  10,954  at the closing time. The highest price during the trading period was 10,972  and the lowest recorded bid was listed for  10,851 . The volume for the day was 36.2 K. This history from December 22, 2023 contributed to the next trading day price growth. The overall trading delta to the next closing price was 1.57% . The overall trading delta to the current price is 0.46% .

AECI Fundamentals Correlations and Trends

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

About AECI Stock history

AECI 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 AECI is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in AECI 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 AECI stock prices may prove useful in developing a viable investing in AECI

AECI Stock Technical Analysis

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

AECI Period Price Range

Low
November 29, 2024
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High

 0.00 

     

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AECI 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.

AECI November 29, 2024 Market Strength

Market strength indicators help investors to evaluate how AECI stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading AECI shares will generate the highest return on investment. By undertsting and applying AECI stock market strength indicators, traders can identify AECI entry and exit signals to maximize returns

AECI Technical and Predictive Indicators

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

Complementary Tools for AECI Stock analysis

When running AECI's price analysis, check to measure AECI'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 AECI is operating at the current time. Most of AECI's value examination focuses on studying past and present price action to predict the probability of AECI's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move AECI's price. Additionally, you may evaluate how the addition of AECI to your portfolios can decrease your overall portfolio volatility.
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