Aeluma Inc Stock Price on November 29, 2024
| ALMU Stock | 3.35 0.10 3.08% |
If you're considering investing in Aeluma OTC Stock, it is important to understand the factors that can impact its price. As of today, the current price of Aeluma stands at 3.35, as last reported on the 2nd of December, with the highest price reaching 3.64 and the lowest price hitting 3.20 during the day. Aeluma appears to be very risky, given 3 months investment horizon. Aeluma Inc secures Sharpe Ratio (or Efficiency) of 0.0674, which signifies that the company had a 0.0674% return per unit of risk over the last 3 months. We have found twenty-nine technical indicators for Aeluma Inc, which you can use to evaluate the volatility of the firm. Please makes use of Aeluma's Downside Deviation of 5.71, risk adjusted performance of 0.0586, and Mean Deviation of 3.9 to double-check if our risk estimates are consistent with your expectations.
Aeluma OTC Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
Aeluma |
Sharpe Ratio = 0.0674
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Estimated Market Risk
| 5.55 actual daily | 49 51% of assets are more volatile |
Expected Return
| 0.37 actual daily | 7 93% of assets have higher returns |
Risk-Adjusted Return
| 0.07 actual daily | 5 95% of assets perform better |
Based on monthly moving average Aeluma is performing at about 5% 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 Aeluma by adding it to a well-diversified portfolio.
Aeluma Valuation on November 29, 2024
It is possible to determine the worth of Aeluma on a given historical date. On November 29, 2024 Aeluma was worth 3.2 at the beginning of the trading date compared to the closed value of 3.35. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Aeluma otc stock. Still, in general, we apply an absolute valuation method to find Aeluma'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 Aeluma where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Aeluma's related companies.
| Open | High | Low | Close | Volume | |
| 3.45 | 3.49 | 3.25 | 3.25 | 3,400 | |
11/29/2024 | 3.20 | 3.64 | 3.20 | 3.35 | 7,200 |
| 3.20 | 3.64 | 3.20 | 3.35 | 0.00 |
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Aeluma Trading Date Momentum on November 29, 2024
| On December 02 2024 Aeluma Inc was traded for 3.35 at the closing time. The top price for the day was 3.64 and the lowest listed price was 3.20 . There was no trading activity during the period 0.0. Lack of trading volume on December 2, 2024 did not affect price variability. The overall trading delta against the current closing price is 4.48% . |
Aeluma Inc Fundamentals Correlations and Trends
By evaluating Aeluma'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 Aeluma's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Aeluma financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Aeluma OTC Stock history
Aeluma 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 Aeluma is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Aeluma Inc 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 Aeluma stock prices may prove useful in developing a viable investing in Aeluma
Aeluma OTC Stock Technical Analysis
Aeluma technical otc 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, otc market cycles, or different charting patterns.
Price Boundaries
Aeluma Period Price Range
Low | December 2, 2024
| High |
0.00 | 0.00 |
Aeluma Inc cannot be verified against its exchange. Please verify the symbol is currently traded on OTCQB 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.
Aeluma December 2, 2024 Market Strength
Market strength indicators help investors to evaluate how Aeluma otc stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Aeluma shares will generate the highest return on investment. By undertsting and applying Aeluma otc stock market strength indicators, traders can identify Aeluma Inc entry and exit signals to maximize returns
Aeluma Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Aeluma's price direction in advance. Along with the technical and fundamental analysis of Aeluma OTC Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Aeluma 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 | 0.0586 | |||
| Jensen Alpha | 0.3689 | |||
| Total Risk Alpha | (0.57) | |||
| Sortino Ratio | 0.039 | |||
| Treynor Ratio | (2.41) |
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Additional Tools for Aeluma OTC Stock Analysis
When running Aeluma's price analysis, check to measure Aeluma'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 Aeluma is operating at the current time. Most of Aeluma's value examination focuses on studying past and present price action to predict the probability of Aeluma's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Aeluma's price. Additionally, you may evaluate how the addition of Aeluma to your portfolios can decrease your overall portfolio volatility.