Altheora (France) Price on November 24, 2024
| ALORA Stock | 0.36 0.01 2.86% |
If you're considering investing in Altheora Stock, it is important to understand the factors that can impact its price. As of today, the current price of Altheora stands at 0.36, as last reported on the 28th of November, with the highest price reaching 0.36 and the lowest price hitting 0.36 during the day. Altheora SA secures Sharpe Ratio (or Efficiency) of -0.0566, which signifies that the company had a -0.0566% return per unit of risk over the last 3 months. Altheora SA exposes twenty-two different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm Altheora's Mean Deviation of 2.45, standard deviation of 5.17, and Risk Adjusted Performance of (0.01) to double-check the risk estimate we provide.
Altheora Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
Altheora |
Sharpe Ratio = -0.0566
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Estimated Market Risk
| 5.19 actual daily | 46 54% of assets are more volatile |
Expected Return
| -0.29 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| -0.06 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Altheora 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 Altheora by adding Altheora to a well-diversified portfolio.
Altheora Valuation on November 24, 2024
It is possible to determine the worth of Altheora on a given historical date. On November 24, 2024 Altheora was worth 0.36 at the beginning of the trading date compared to the closed value of 0.36. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Altheora stock. Still, in general, we apply an absolute valuation method to find Altheora'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 Altheora where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Altheora's related companies.
| Open | High | Low | Close | Volume | |
| 0.37 | 0.37 | 0.35 | 0.35 | 5,151 | |
11/22/2024 | 0.36 | 0.36 | 0.36 | 0.36 | 1,151 |
| 0.37 | 0.37 | 0.36 | 0.36 | 4,300 |
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Altheora Trading Date Momentum on November 24, 2024
| On November 25 2024 Altheora SA was traded for 0.36 at the closing time. The highest price during the trading period was 0.37 and the lowest recorded bid was listed for 0.36 . The volume for the day was 4.3 K. This history from November 25, 2024 did not affect price variability. The overall trading delta to the current price is 0.00% . |
Price Boundaries
Altheora Period Price Range
Low | November 28, 2024
| High |
0.00 | 0.00 |
Altheora SA cannot be verified against its exchange. Please verify the symbol is currently traded on Euronext Paris. 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.
Altheora November 28, 2024 Market Strength
Market strength indicators help investors to evaluate how Altheora stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Altheora shares will generate the highest return on investment. By undertsting and applying Altheora stock market strength indicators, traders can identify Altheora SA entry and exit signals to maximize returns
Altheora Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Altheora's price direction in advance. Along with the technical and fundamental analysis of Altheora Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Altheora 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 | (0.01) | |||
| Jensen Alpha | (0.25) | |||
| Total Risk Alpha | (0.97) | |||
| Treynor Ratio | (0.22) |
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Additional Tools for Altheora Stock Analysis
When running Altheora's price analysis, check to measure Altheora'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 Altheora is operating at the current time. Most of Altheora's value examination focuses on studying past and present price action to predict the probability of Altheora's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Altheora's price. Additionally, you may evaluate how the addition of Altheora to your portfolios can decrease your overall portfolio volatility.