AGFA Gevaert (Belgium) Price on April 19, 2024
If you're considering investing in AGFA Stock, it is important to understand the factors that can impact its price. AGFA Gevaert NV secures Sharpe Ratio (or Efficiency) of -0.17, which signifies that the company had a -0.17% return per unit of risk over the last 3 months. AGFA Gevaert NV exposes fifteen different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm AGFA Gevaert's Mean Deviation of 2.11, standard deviation of 3.61, and Risk Adjusted Performance of (0.12) to double-check the risk estimate we provide.
AGFA Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
AGFA |
Sharpe Ratio = -0.17
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Estimated Market Risk
3.61 actual daily | 32 68% of assets are more volatile |
Expected Return
-0.61 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
-0.17 actual daily | 0 Most of other assets perform better |
Based on monthly moving average AGFA Gevaert 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 AGFA Gevaert by adding AGFA Gevaert to a well-diversified portfolio.
Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.
Price Boundaries
AGFA Gevaert Period Price Range
Low | November 28, 2024
| High |
0.00 | 0.00 |
AGFA Gevaert NV cannot be verified against its exchange. Please verify the symbol is currently traded on Euronext Brussels. 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.
AGFA Gevaert November 28, 2024 Market Strength
Market strength indicators help investors to evaluate how AGFA Gevaert stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading AGFA Gevaert shares will generate the highest return on investment. By undertsting and applying AGFA Gevaert stock market strength indicators, traders can identify AGFA Gevaert NV entry and exit signals to maximize returns
AGFA Gevaert Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for AGFA Gevaert's price direction in advance. Along with the technical and fundamental analysis of AGFA Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of AGFA 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 | (0.12) | |||
Jensen Alpha | (0.77) | |||
Total Risk Alpha | (1.17) | |||
Treynor Ratio | (0.49) |
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Volume Indicators |
Check out Trending Equities to better understand how to build diversified portfolios. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors. You can also try the Portfolio Center module to all portfolio management and optimization tools to improve performance of your portfolios.
Other Tools for AGFA Stock
When running AGFA Gevaert's price analysis, check to measure AGFA Gevaert'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 AGFA Gevaert is operating at the current time. Most of AGFA Gevaert's value examination focuses on studying past and present price action to predict the probability of AGFA Gevaert's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move AGFA Gevaert's price. Additionally, you may evaluate how the addition of AGFA Gevaert to your portfolios can decrease your overall portfolio volatility.
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