Afry AB (Sweden) Price on November 19, 2024
AFRY Stock | 149.20 2.50 1.65% |
If you're considering investing in Afry Stock, it is important to understand the factors that can impact its price. As of today, the current price of Afry AB stands at 149.20, as last reported on the 27th of November, with the highest price reaching 151.80 and the lowest price hitting 147.70 during the day. Afry AB secures Sharpe Ratio (or Efficiency) of -0.13, which signifies that the company had a -0.13% return per unit of risk over the last 3 months. Afry AB exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm Afry AB's Risk Adjusted Performance of (0.09), mean deviation of 1.4, and Standard Deviation of 2.2 to double-check the risk estimate we provide.
Afry Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
Afry |
Sharpe Ratio = -0.1334
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Estimated Market Risk
2.22 actual daily | 19 81% of assets are more volatile |
Expected Return
-0.3 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
-0.13 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Afry AB 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 Afry AB by adding Afry AB to a well-diversified portfolio.
Afry AB Valuation on November 19, 2024
It is possible to determine the worth of Afry AB on a given historical date. On November 19, 2024 Afry was worth 155.9 at the beginning of the trading date compared to the closed value of 152.2. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Afry AB stock. Still, in general, we apply an absolute valuation method to find Afry AB'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 Afry AB where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Afry AB's related companies.
Open | High | Low | Close | Volume | |
157.70 | 158.80 | 155.50 | 155.50 | 49,525 | |
11/19/2024 | 155.90 | 156.90 | 149.40 | 152.20 | 199,963 |
153.40 | 154.40 | 149.90 | 150.30 | 107,281 |
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Afry AB Trading Date Momentum on November 19, 2024
On November 20 2024 Afry AB was traded for 150.30 at the closing time. The highest price during the trading period was 154.40 and the lowest recorded bid was listed for 149.90 . The volume for the day was 107.3 K. This history from November 20, 2024 contributed to the next trading day price decline. The overall trading delta to the next closing price was 1.25% . The overall trading delta to the current price is 0.33% . |
Afry AB Fundamentals Correlations and Trends
By evaluating Afry AB'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 Afry AB's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Afry financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Afry AB Stock history
Afry AB 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 Afry is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Afry AB 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 Afry AB stock prices may prove useful in developing a viable investing in Afry AB
Afry AB Stock Technical Analysis
Afry AB 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
Afry AB Period Price Range
Low | November 27, 2024
| High |
0.00 | 0.00 |
Afry AB cannot be verified against its exchange. Please verify the symbol is currently traded on Stockholm 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.
Afry AB November 27, 2024 Market Strength
Market strength indicators help investors to evaluate how Afry AB stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Afry AB shares will generate the highest return on investment. By undertsting and applying Afry AB stock market strength indicators, traders can identify Afry AB entry and exit signals to maximize returns
Afry AB Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Afry AB's price direction in advance. Along with the technical and fundamental analysis of Afry Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Afry 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 | (0.09) | |||
Jensen Alpha | (0.40) | |||
Total Risk Alpha | (0.63) | |||
Treynor Ratio | (0.28) |
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Volume Indicators |
Additional Tools for Afry Stock Analysis
When running Afry AB's price analysis, check to measure Afry AB'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 Afry AB is operating at the current time. Most of Afry AB's value examination focuses on studying past and present price action to predict the probability of Afry AB's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Afry AB's price. Additionally, you may evaluate how the addition of Afry AB to your portfolios can decrease your overall portfolio volatility.