Air Astana (UK) Price on November 5, 2024
| AIRA Stock | 6.05 0.15 2.42% |
If you're considering investing in Air Stock, it is important to understand the factors that can impact its price. As of today, the current price of Air Astana stands at 6.05, as last reported on the 1st of December, with the highest price reaching 6.19 and the lowest price hitting 6.05 during the day. Air Astana Joint secures Sharpe Ratio (or Efficiency) of -0.1, which signifies that the company had a -0.1% return per unit of risk over the last 3 months. Air Astana Joint exposes twenty-four different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm Air Astana's Mean Deviation of 1.1, standard deviation of 1.6, and Risk Adjusted Performance of (0.08) to double-check the risk estimate we provide.
Air Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
Air |
Sharpe Ratio = -0.1029
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| Negative Returns | AIRA |
Estimated Market Risk
| 1.6 actual daily | 14 86% of assets are more volatile |
Expected Return
| -0.16 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| -0.1 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Air Astana 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 Air Astana by adding Air Astana to a well-diversified portfolio.
Air Astana Valuation on November 5, 2024
It is possible to determine the worth of Air Astana on a given historical date. On November 5, 2024 Air was worth 6.24 at the beginning of the trading date compared to the closed value of 6.31. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Air Astana stock. Still, in general, we apply an absolute valuation method to find Air Astana'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 Air Astana where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Air Astana's related companies.
| Open | High | Low | Close | Volume | |
| 6.04 | 6.04 | 6.04 | 6.04 | 1.00 | |
11/05/2024 | 6.24 | 6.31 | 6.23 | 6.31 | 10,688 |
| 6.31 | 6.34 | 6.31 | 6.34 | 1,552 |
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Air Astana Trading Date Momentum on November 5, 2024
| On November 06 2024 Air Astana Joint was traded for 6.34 at the closing time. The highest price during the trading period was 6.34 and the lowest recorded bid was listed for 6.31 . The volume for the day was 1.6 K. This history from November 6, 2024 contributed to the next trading day price upswing. The overall trading delta to the next closing price was 0.48% . The overall trading delta to the current price is 3.33% . |
About Air Astana Stock history
Air Astana 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 Air is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Air Astana Joint 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 Air Astana stock prices may prove useful in developing a viable investing in Air Astana
Air Astana Stock Technical Analysis
Air Astana 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
Air Astana Period Price Range
Low | December 1, 2024
| High |
0.00 | 0.00 |
Air Astana Joint cannot be verified against its exchange. Please verify the symbol is currently traded on London IL. 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.
Air Astana December 1, 2024 Market Strength
Market strength indicators help investors to evaluate how Air Astana stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Air Astana shares will generate the highest return on investment. By undertsting and applying Air Astana stock market strength indicators, traders can identify Air Astana Joint entry and exit signals to maximize returns
Air Astana Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Air Astana's price direction in advance. Along with the technical and fundamental analysis of Air Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Air 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 | (0.08) | |||
| Jensen Alpha | (0.16) | |||
| Total Risk Alpha | (0.45) | |||
| Treynor Ratio | 0.9718 |
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| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
Other Information on Investing in Air Stock
Air Astana financial ratios help investors to determine whether Air 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 Air with respect to the benefits of owning Air Astana security.