ALBIS LEASING (Germany) Price on October 30, 2024
| ALG Stock | EUR 2.78 0.02 0.72% |
If you're considering investing in ALBIS Stock, it is important to understand the factors that can impact its price. As of today, the current price of ALBIS LEASING stands at 2.78, as last reported on the 29th of November, with the highest price reaching 2.78 and the lowest price hitting 2.78 during the day. Currently, ALBIS LEASING AG is somewhat reliable. ALBIS LEASING AG retains Efficiency (Sharpe Ratio) of 0.19, which signifies that the company had a 0.19% return per unit of risk over the last 3 months. We have found twenty-two technical indicators for ALBIS LEASING, which you can use to evaluate the volatility of the firm. Please confirm ALBIS LEASING's market risk adjusted performance of 1.34, and Variance of 0.8251 to double-check if the risk estimate we provide is consistent with the expected return of 0.17%.
ALBIS Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
ALBIS |
Sharpe Ratio = 0.1859
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Estimated Market Risk
| 0.91 actual daily | 8 92% of assets are more volatile |
Expected Return
| 0.17 actual daily | 3 97% of assets have higher returns |
Risk-Adjusted Return
| 0.19 actual daily | 14 86% of assets perform better |
Based on monthly moving average ALBIS LEASING is performing at about 14% of its full potential. 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 ALBIS LEASING by adding it to a well-diversified portfolio.
ALBIS LEASING Valuation on October 30, 2024
It is possible to determine the worth of ALBIS LEASING on a given historical date. On October 30, 2024 ALBIS was worth 2.82 at the beginning of the trading date compared to the closed value of 2.82. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of ALBIS LEASING stock. Still, in general, we apply an absolute valuation method to find ALBIS LEASING'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 ALBIS LEASING where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against ALBIS LEASING's related companies.
| Open | High | Low | Close | Volume | |
| 2.82 | 2.82 | 2.82 | 2.82 | 691.00 | |
10/30/2024 | 2.82 | 2.82 | 2.82 | 2.82 | 691.00 |
| 2.82 | 2.82 | 2.82 | 2.82 | 691.00 |
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ALBIS LEASING Trading Date Momentum on October 30, 2024
| On October 31 2024 ALBIS LEASING AG was traded for 2.82 at the closing time. The maximum traded price for the trading interval was 2.82 and the lowest daily price was 2.82 . The daily volume was recorded at 691. The volume of trading on 31st of October 2024 did not affect price variability. The overall trading delta to the closing price today is 0.71% . |
ALBIS LEASING AG Fundamentals Correlations and Trends
By evaluating ALBIS LEASING'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 ALBIS LEASING's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. ALBIS financial account trend analysis is a perfect complement when working with valuation or volatility modules.About ALBIS LEASING Stock history
ALBIS LEASING 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 ALBIS is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in ALBIS LEASING 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 ALBIS LEASING stock prices may prove useful in developing a viable investing in ALBIS LEASING
ALBIS LEASING Stock Technical Analysis
ALBIS LEASING 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
ALBIS LEASING Period Price Range
Low | November 29, 2024
| High |
0.00 | 0.00 |
ALBIS LEASING AG cannot be verified against its exchange. Please verify the symbol is currently traded on Munich 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.
ALBIS LEASING November 29, 2024 Market Strength
Market strength indicators help investors to evaluate how ALBIS LEASING stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading ALBIS LEASING shares will generate the highest return on investment. By undertsting and applying ALBIS LEASING stock market strength indicators, traders can identify ALBIS LEASING AG entry and exit signals to maximize returns
ALBIS LEASING Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for ALBIS LEASING's price direction in advance. Along with the technical and fundamental analysis of ALBIS Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of ALBIS 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 | 0.1305 | |||
| Jensen Alpha | 0.1304 | |||
| Total Risk Alpha | 0.0061 | |||
| Treynor Ratio | 1.33 |
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Additional Tools for ALBIS Stock Analysis
When running ALBIS LEASING's price analysis, check to measure ALBIS LEASING'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 ALBIS LEASING is operating at the current time. Most of ALBIS LEASING's value examination focuses on studying past and present price action to predict the probability of ALBIS LEASING's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move ALBIS LEASING's price. Additionally, you may evaluate how the addition of ALBIS LEASING to your portfolios can decrease your overall portfolio volatility.