ALLEGROEU (Germany) Price on December 9, 2024
| AL0 Stock | EUR 6.45 0.31 4.59% |
If you're considering investing in ALLEGROEU Stock, it is important to understand the factors that can impact its price. As of today, the current price of ALLEGROEU stands at 6.45, as last reported on the 13th of December 2024, with the highest price reaching 6.76 and the lowest price hitting 6.45 during the day. ALLEGROEU ZY 01 secures Sharpe Ratio (or Efficiency) of -0.17, which signifies that the company had a -0.17% return per unit of return volatility over the last 3 months. ALLEGROEU ZY 01 exposes twenty-four different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm ALLEGROEU's Risk Adjusted Performance of (0.11), mean deviation of 1.57, and Coefficient Of Variation of (649.33) to double-check the risk estimate we provide.
ALLEGROEU Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
ALLEGROEU |
Sharpe Ratio = -0.1738
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Estimated Market Risk
| 2.31 actual daily | 20 80% of assets are more volatile |
Expected Return
| -0.4 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 ALLEGROEU 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 ALLEGROEU by adding ALLEGROEU to a well-diversified portfolio.
ALLEGROEU Valuation on December 9, 2024
It is possible to determine the worth of ALLEGROEU on a given historical date. On December 9, 2024 ALLEGROEU was worth 6.83 at the beginning of the trading date compared to the closed value of 6.74. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of ALLEGROEU stock. Still, in general, we apply an absolute valuation method to find ALLEGROEU'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 ALLEGROEU where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against ALLEGROEU's related companies.
| Open | High | Low | Close | Volume | |
| 6.83 | 6.83 | 6.83 | 6.83 | 1.00 | |
12/09/2024 | 6.83 | 6.83 | 6.74 | 6.74 | 1.00 |
| 6.74 | 7.11 | 6.74 | 6.87 | 65.00 |
| Backtest ALLEGROEU | | | ALLEGROEU History | Previous | Next |
ALLEGROEU Trading Date Momentum on December 9, 2024
| On December 10 2024 ALLEGROEU ZY 01 was traded for 6.87 at the closing time. The maximum traded price for the trading interval was 7.11 and the lowest daily price was 6.74 . The daily volume was recorded at 65.0. The volume of trading on 10th of December 2024 played a part in the next trading day price boost. The overall trading delta to the next closing price was 1.93% . The overall trading delta to the closing price today is 0.30% . |
About ALLEGROEU Stock history
ALLEGROEU 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 ALLEGROEU is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in ALLEGROEU ZY 01 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 ALLEGROEU stock prices may prove useful in developing a viable investing in ALLEGROEU
ALLEGROEU Stock Technical Analysis
ALLEGROEU 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
ALLEGROEU Period Price Range
Low | December 13, 2024
| High |
0.00 | 0.00 |
ALLEGROEU ZY 01 cannot be verified against its exchange. Please verify the symbol is currently traded on Hamburg 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.
ALLEGROEU December 13, 2024 Market Strength
Market strength indicators help investors to evaluate how ALLEGROEU stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading ALLEGROEU shares will generate the highest return on investment. By undertsting and applying ALLEGROEU stock market strength indicators, traders can identify ALLEGROEU ZY 01 entry and exit signals to maximize returns
ALLEGROEU Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for ALLEGROEU's price direction in advance. Along with the technical and fundamental analysis of ALLEGROEU Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of ALLEGROEU 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 | (0.11) | |||
| Jensen Alpha | (0.45) | |||
| Total Risk Alpha | (0.68) | |||
| Treynor Ratio | (0.45) |
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Other Information on Investing in ALLEGROEU Stock
ALLEGROEU financial ratios help investors to determine whether ALLEGROEU 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 ALLEGROEU with respect to the benefits of owning ALLEGROEU security.