Alefarm Brewing (Denmark) Price on August 28, 2024
ALEFRM Stock | DKK 1.31 0.02 1.55% |
If you're considering investing in Alefarm Stock, it is important to understand the factors that can impact its price. As of today, the current price of Alefarm Brewing stands at 1.31, as last reported on the 11th of December 2024, with the highest price reaching 1.41 and the lowest price hitting 1.29 during the day. Alefarm Brewing AS secures Sharpe Ratio (or Efficiency) of -0.1, which signifies that the company had a -0.1% return per unit of standard deviation over the last 3 months. Alefarm Brewing AS exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm Alefarm Brewing's mean deviation of 2.52, and Risk Adjusted Performance of (0.02) to double-check the risk estimate we provide.
Alefarm Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
Alefarm |
Sharpe Ratio = -0.1038
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Estimated Market Risk
3.33 actual daily | 29 71% of assets are more volatile |
Expected Return
-0.35 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 Alefarm Brewing 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 Alefarm Brewing by adding Alefarm Brewing to a well-diversified portfolio.
Alefarm Brewing Valuation on August 28, 2024
It is possible to determine the worth of Alefarm Brewing on a given historical date. On August 28, 2024 Alefarm was worth 1.48 at the beginning of the trading date compared to the closed value of 1.49. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Alefarm Brewing stock. Still, in general, we apply an absolute valuation method to find Alefarm Brewing'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 Alefarm Brewing where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Alefarm Brewing's related companies.
Open | High | Low | Close | Volume | |
1.48 | 1.48 | 1.48 | 1.48 | 567.00 | |
08/28/2024 | 1.48 | 1.49 | 1.40 | 1.49 | 701.00 |
1.37 | 1.49 | 1.37 | 1.47 | 1,410 |
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Alefarm Brewing Trading Date Momentum on August 28, 2024
On August 29 2024 Alefarm Brewing AS was traded for 1.47 at the closing time. The highest price during the trading period was 1.49 and the lowest recorded bid was listed for 1.37 . The volume for the day was 1.4 K. This history from August 29, 2024 contributed to the next trading day price decline. The overall trading delta to the next closing price was 1.34% . The overall trading delta to the current price is 14.09% . |
Alefarm Brewing AS Fundamentals Correlations and Trends
By evaluating Alefarm Brewing'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 Alefarm Brewing's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Alefarm financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Alefarm Brewing Stock history
Alefarm Brewing 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 Alefarm is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Alefarm Brewing AS 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 Alefarm Brewing stock prices may prove useful in developing a viable investing in Alefarm Brewing
Alefarm Brewing AS, a craft brewery, engages in the production of beers for consumers worldwide. The company was founded in 2015 and is based in Greve, Denmark. Alefarm Brewing is traded on Copenhagen Stock Exchange in Denmark.
Alefarm Brewing Stock Technical Analysis
Alefarm Brewing 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
Alefarm Brewing Period Price Range
Low | December 11, 2024
| High |
0.00 | 0.00 |
Alefarm Brewing AS cannot be verified against its exchange. Please verify the symbol is currently traded on Copenhagen 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.
Alefarm Brewing December 11, 2024 Market Strength
Market strength indicators help investors to evaluate how Alefarm Brewing stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Alefarm Brewing shares will generate the highest return on investment. By undertsting and applying Alefarm Brewing stock market strength indicators, traders can identify Alefarm Brewing AS entry and exit signals to maximize returns
Alefarm Brewing Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Alefarm Brewing's price direction in advance. Along with the technical and fundamental analysis of Alefarm Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Alefarm 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 | (0.02) | |||
Jensen Alpha | (0.09) | |||
Total Risk Alpha | (0.74) | |||
Treynor Ratio | 0.3052 |
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Complementary Tools for Alefarm Stock analysis
When running Alefarm Brewing's price analysis, check to measure Alefarm Brewing'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 Alefarm Brewing is operating at the current time. Most of Alefarm Brewing's value examination focuses on studying past and present price action to predict the probability of Alefarm Brewing's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Alefarm Brewing's price. Additionally, you may evaluate how the addition of Alefarm Brewing to your portfolios can decrease your overall portfolio volatility.
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