AF Gruppen (Norway) Price on September 30, 2024
| AFG Stock | NOK 137.80 0.40 0.29% |
If you're considering investing in AFG Stock, it is important to understand the factors that can impact its price. As of today, the current price of AF Gruppen stands at 137.80, as last reported on the 27th of November, with the highest price reaching 138.00 and the lowest price hitting 136.60 during the day. As of now, AFG Stock is very steady. AF Gruppen ASA retains Efficiency (Sharpe Ratio) of 0.11, which signifies that the company had a 0.11% return per unit of price deviation over the last 3 months. We have found thirty technical indicators for AF Gruppen, which you can use to evaluate the volatility of the firm. Please confirm AF Gruppen's Coefficient Of Variation of 1606.5, market risk adjusted performance of (0.43), and Standard Deviation of 1.16 to double-check if the risk estimate we provide is consistent with the expected return of 0.13%.
AFG Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
AFG |
Sharpe Ratio = 0.113
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Estimated Market Risk
| 1.12 actual daily | 9 91% of assets are more volatile |
Expected Return
| 0.13 actual daily | 2 98% of assets have higher returns |
Risk-Adjusted Return
| 0.11 actual daily | 8 92% of assets perform better |
Based on monthly moving average AF Gruppen is performing at about 8% 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 AF Gruppen by adding it to a well-diversified portfolio.
AF Gruppen Valuation on September 30, 2024
It is possible to determine the worth of AF Gruppen on a given historical date. On September 30, 2024 AFG was worth 124.0 at the beginning of the trading date compared to the closed value of 126.4. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of AF Gruppen stock. Still, in general, we apply an absolute valuation method to find AF Gruppen'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 AF Gruppen where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against AF Gruppen's related companies.
| Open | High | Low | Close | Volume | |
| 123.20 | 123.80 | 123.20 | 123.80 | 20,000 | |
09/30/2024 | 124.00 | 126.60 | 124.00 | 126.40 | 60,851 |
| 126.00 | 127.00 | 126.00 | 126.80 | 59,417 |
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AF Gruppen Trading Date Momentum on September 30, 2024
| On October 01 2024 AF Gruppen ASA was traded for 126.80 at the closing time. The maximum traded price for the trading interval was 127.00 and the lowest daily price was 126.00 . The daily volume was recorded at 59.4 K. The volume of trading on 1st of October 2024 played a part in the next trading day price upswing. The overall trading delta to the next closing price was 0.32% . The overall trading delta to the closing price today is 2.06% . |
AF Gruppen ASA Fundamentals Correlations and Trends
By evaluating AF Gruppen'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 AF Gruppen's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. AFG financial account trend analysis is a perfect complement when working with valuation or volatility modules.About AF Gruppen Stock history
AF Gruppen 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 AFG is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in AF Gruppen ASA 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 AF Gruppen stock prices may prove useful in developing a viable investing in AF Gruppen
AF Gruppen ASA, a contracting and industrial company, engages in civil engineering, environment, building, property, energy, and offshore businesses in Norway, Sweden, and internationally. AF Gruppen ASA was founded in 1985 and is headquartered in Oslo, Norway. AF GRUPPEN operates under Engineering Construction classification in Norway and is traded on Oslo Stock Exchange. It employs 4594 people.
AF Gruppen Stock Technical Analysis
AF Gruppen 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
AF Gruppen Period Price Range
Low | November 27, 2024
| High |
0.00 | 0.00 |
AF Gruppen ASA cannot be verified against its exchange. Please verify the symbol is currently traded on Oslo Stock 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.
AF Gruppen November 27, 2024 Market Strength
Market strength indicators help investors to evaluate how AF Gruppen stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading AF Gruppen shares will generate the highest return on investment. By undertsting and applying AF Gruppen stock market strength indicators, traders can identify AF Gruppen ASA entry and exit signals to maximize returns
AF Gruppen Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for AF Gruppen's price direction in advance. Along with the technical and fundamental analysis of AFG Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of AFG 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 | 0.051 | |||
| Jensen Alpha | 0.079 | |||
| Total Risk Alpha | (0.12) | |||
| Sortino Ratio | (0.05) | |||
| Treynor Ratio | (0.44) |
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Other Information on Investing in AFG Stock
AF Gruppen financial ratios help investors to determine whether AFG Stock is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in AFG with respect to the benefits of owning AF Gruppen security.