Alm Brand (Denmark) Price on March 20, 2024
| ALMB Stock | DKK 14.30 0.07 0.49% |
If you're considering investing in Alm Stock, it is important to understand the factors that can impact its price. As of today, the current price of Alm Brand stands at 14.30, as last reported on the 11th of December 2024, with the highest price reaching 14.40 and the lowest price hitting 14.28 during the day. Alm Brand appears to be very steady, given 3 months investment horizon. Alm Brand secures Sharpe Ratio (or Efficiency) 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-nine technical indicators for Alm Brand, which you can use to evaluate the volatility of the firm. Please makes use of Alm Brand's Mean Deviation of 0.8086, downside deviation of 0.9321, and Risk Adjusted Performance of 0.155 to double-check if our risk estimates are consistent with your expectations.
Alm Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
Alm |
Sharpe Ratio = 0.1892
| Best Portfolio | Best Equity | |||
| Good Returns | ||||
| Average Returns | ||||
| Small Returns | ALMB | |||
| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
| Negative Returns |
Estimated Market Risk
| 1.11 actual daily | 9 91% of assets are more volatile |
Expected Return
| 0.21 actual daily | 4 96% of assets have higher returns |
Risk-Adjusted Return
| 0.19 actual daily | 14 86% of assets perform better |
Based on monthly moving average Alm Brand 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 Alm Brand by adding it to a well-diversified portfolio.
Alm Brand Valuation on March 20, 2024
It is possible to determine the worth of Alm Brand on a given historical date. On March 20, 2024 Alm was worth 12.98 at the beginning of the trading date compared to the closed value of 13.1. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Alm Brand stock. Still, in general, we apply an absolute valuation method to find Alm Brand'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 Alm Brand where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Alm Brand's related companies.
| Open | High | Low | Close | Volume | |
| 12.89 | 12.99 | 12.87 | 12.96 | 1,058,985 | |
03/20/2024 | 12.98 | 13.12 | 12.95 | 13.10 | 1,127,124 |
| 13.12 | 13.34 | 13.12 | 13.33 | 1,894,252 |
| Backtest Alm Brand | | | Alm Brand History | | | Alm Brand Valuation | Previous | Next |
Alm Brand Trading Date Momentum on March 20, 2024
| On March 21 2024 Alm Brand was traded for 13.33 at the closing time. The highest price during the trading period was 13.34 and the lowest recorded bid was listed for 13.12 . The volume for the day was 1.9 M. This history from March 21, 2024 contributed to the next trading day price boost. The overall trading delta to the next closing price was 1.76% . The overall trading delta to the current price is 0.31% . |
Alm Brand Fundamentals Correlations and Trends
By evaluating Alm Brand'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 Alm Brand's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Alm financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Alm Brand Stock history
Alm Brand 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 Alm is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Alm Brand 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 Alm Brand stock prices may prove useful in developing a viable investing in Alm Brand
Brand AS, together with its subsidiaries, provides non-life insurance, banking, and life and pension insurance products and services in Denmark. Brand AS was founded in 1792 and is headquartered in Copenhagen, Denmark. Alm Brand operates under Insurance - General classification in Denmark and is traded on Copenhagen Stock Exchange. It employs 1743 people.
Alm Brand Stock Technical Analysis
Alm Brand 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
Alm Brand Period Price Range
Low | December 11, 2024
| High |
0.00 | 0.00 |
Alm Brand 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.
Alm Brand December 11, 2024 Market Strength
Market strength indicators help investors to evaluate how Alm Brand stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Alm Brand shares will generate the highest return on investment. By undertsting and applying Alm Brand stock market strength indicators, traders can identify Alm Brand entry and exit signals to maximize returns
Alm Brand Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Alm Brand's price direction in advance. Along with the technical and fundamental analysis of Alm Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Alm 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 | 0.155 | |||
| Jensen Alpha | 0.2236 | |||
| Total Risk Alpha | 0.0487 | |||
| Sortino Ratio | 0.1253 | |||
| Treynor Ratio | 3.51 |
| Cycle Indicators | ||
| Math Operators | ||
| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
Other Information on Investing in Alm Stock
Alm Brand financial ratios help investors to determine whether Alm 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 Alm with respect to the benefits of owning Alm Brand security.