Alcon Ag Stock Price on December 3, 2024
ALC Stock | USD 86.57 0.76 0.89% |
If you're considering investing in Alcon Stock, it is important to understand the factors that can impact its price. As of today, the current price of Alcon AG stands at 86.57, as last reported on the 11th of December 2024, with the highest price reaching 86.90 and the lowest price hitting 85.96 during the day. Alcon AG secures Sharpe Ratio (or Efficiency) of -0.21, which signifies that the company had a -0.21% return per unit of standard deviation over the last 3 months. Alcon AG exposes twenty-two different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm Alcon AG's mean deviation of 0.7737, and Risk Adjusted Performance of (0.15) to double-check the risk estimate we provide.
Alcon Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
Alcon |
Sharpe Ratio = -0.215
Best Portfolio | Best Equity | |||
Good Returns | ||||
Average Returns | ||||
Small Returns | ||||
Cash | Small Risk | Average Risk | High Risk | Huge Risk |
Negative Returns | ALC |
Estimated Market Risk
1.11 actual daily | 9 91% of assets are more volatile |
Expected Return
-0.24 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
-0.21 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Alcon AG 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 Alcon AG by adding Alcon AG to a well-diversified portfolio.
Related Headline
ICU Medical Headline on 3rd of December 2024
ICU Medical CEO Vivek Jain sells shares worth 1.95 million by investing.com
ICU Medical CEO Vivek Jain sells shares worth 1.95 million
Alcon AG Valuation on December 3, 2024
It is possible to determine the worth of Alcon AG on a given historical date. On December 3, 2024 Alcon was worth 87.44 at the beginning of the trading date compared to the closed value of 87.34. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Alcon AG stock. Still, in general, we apply an absolute valuation method to find Alcon AG'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 Alcon AG where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Alcon AG's related companies.
Open | High | Low | Close | Volume | |
88.27 | 88.58 | 87.93 | 88.23 | 1,025,425 | |
12/03/2024 | 87.44 | 87.70 | 86.81 | 87.34 | 622,252 |
87.84 | 88.59 | 87.60 | 87.84 | 476,682 |
Backtest Alcon AG | | | Alcon AG History | | | Alcon AG Valuation | Previous | Next |
Alcon AG Trading Date Momentum on December 3, 2024
On December 04 2024 Alcon AG was traded for 87.84 at the closing time. Highest Alcon AG's price during the trading hours was 88.59 and the lowest price during the day was 87.60 . The net volume was 476.7 K. The overall trading history on the 4th of December contributed to the next trading period price growth. The overall trading delta to the next next day price was 0.57% . The overall trading delta to current price is 0.82% . |
Alcon AG Fundamentals Correlations and Trends
By evaluating Alcon AG'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 Alcon AG's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Alcon financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Alcon AG Stock history
Alcon AG 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 Alcon is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Alcon AG 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 Alcon AG stock prices may prove useful in developing a viable investing in Alcon AG
Alcon Inc., an eye care company, researches, develops, manufactures, distributes, and sells eye care products for eye care professionals and their patients worldwide. Alcon Inc. was founded in 1945 and is headquartered in Geneva, Switzerland. Alcon operates under Medical Instruments Supplies classification in the United States and is traded on New York Stock Exchange. It employs 24000 people.
Alcon AG Stock Technical Analysis
Alcon AG 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
Alcon AG Period Price Range
Low | December 11, 2024
| High |
0.00 | 0.00 |
Alcon AG cannot be verified against its exchange. Please verify the symbol is currently traded on New York 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.
Alcon AG December 11, 2024 Market Strength
Market strength indicators help investors to evaluate how Alcon AG stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Alcon AG shares will generate the highest return on investment. By undertsting and applying Alcon AG stock market strength indicators, traders can identify Alcon AG entry and exit signals to maximize returns
Alcon AG Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Alcon AG's price direction in advance. Along with the technical and fundamental analysis of Alcon Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Alcon 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 | (0.15) | |||
Jensen Alpha | (0.29) | |||
Total Risk Alpha | (0.42) | |||
Treynor Ratio | (0.63) |
Cycle Indicators | ||
Math Operators | ||
Math Transform | ||
Momentum Indicators | ||
Overlap Studies | ||
Pattern Recognition | ||
Price Transform | ||
Statistic Functions | ||
Volatility Indicators | ||
Volume Indicators |
Complementary Tools for Alcon Stock analysis
When running Alcon AG's price analysis, check to measure Alcon AG'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 Alcon AG is operating at the current time. Most of Alcon AG's value examination focuses on studying past and present price action to predict the probability of Alcon AG's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Alcon AG's price. Additionally, you may evaluate how the addition of Alcon AG to your portfolios can decrease your overall portfolio volatility.
Stock Tickers Use high-impact, comprehensive, and customizable stock tickers that can be easily integrated to any websites | |
Money Managers Screen money managers from public funds and ETFs managed around the world | |
Idea Analyzer Analyze all characteristics, volatility and risk-adjusted return of Macroaxis ideas |