Also Holding (Switzerland) Price on November 16, 2023

ALSN Stock  CHF 228.00  4.00  1.72%   
If you're considering investing in Also Stock, it is important to understand the factors that can impact its price. As of today, the current price of Also Holding stands at 228.00, as last reported on the 27th of November, with the highest price reaching 232.00 and the lowest price hitting 227.00 during the day. Also Holding AG secures Sharpe Ratio (or Efficiency) of -0.11, which signifies that the company had a -0.11% return per unit of risk over the last 3 months. Also Holding AG exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm Also Holding's Mean Deviation of 0.93, standard deviation of 1.24, and Risk Adjusted Performance of (0.08) to double-check the risk estimate we provide.
  
Also Stock price history is provided at the adjusted basis, taking into account all of the recent filings.

Sharpe Ratio = -0.1105

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Estimated Market Risk

 1.21
  actual daily
10
90% of assets are more volatile

Expected Return

 -0.13
  actual daily
0
Most of other assets have higher returns

Risk-Adjusted Return

 -0.11
  actual daily
0
Most of other assets perform better
Based on monthly moving average Also Holding 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 Also Holding by adding Also Holding to a well-diversified portfolio.

Also Holding Valuation on November 16, 2023

It is possible to determine the worth of Also Holding on a given historical date. On November 16, 2023 Also was worth 246.54 at the beginning of the trading date compared to the closed value of 243.11. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Also Holding stock. Still, in general, we apply an absolute valuation method to find Also Holding'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 Also Holding where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Also Holding's related companies.
 Open High Low Close Volume
  241.15    247.52    240.17    246.54    11,406  
11/16/2023
  246.54    247.03    241.64    243.11    8,846  
  243.11    246.54    242.13    244.58    5,706  
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Open Value
246.54
242.92
Downside
243.11
Closing Value
250.16
Upside

Also Holding Trading Date Momentum on November 16, 2023

On November 17 2023 Also Holding AG was traded for  244.58  at the closing time. The highest price during the trading period was 246.54  and the lowest recorded bid was listed for  242.13 . The volume for the day was 5.7 K. This history from November 17, 2023 contributed to the next trading day price increase. The overall trading delta to the next closing price was 0.60% . The overall trading delta to the current price is 1.01% .

Also Holding AG Fundamentals Correlations and Trends

By evaluating Also Holding'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 Also Holding's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Also financial account trend analysis is a perfect complement when working with valuation or volatility modules.

About Also Holding Stock history

Also Holding 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 Also is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Also Holding 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 Also Holding stock prices may prove useful in developing a viable investing in Also Holding
ALSO Holding AG operates as a service provider for the ICT industry. ALSO Holding AG operates as a subsidiary of Droege International Group AG. ALSO N operates under Business Services classification in Switzerland and is traded on Switzerland Exchange. It employs 3644 people.

Also Holding Stock Technical Analysis

Also Holding 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.
A focus of Also Holding technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of Also Holding trading pattern rather than external drivers such as economic, fundamental, or social events. It is believed that price action tends to repeat itself due to investors' collective, patterned behavior. Hence technical analysis focuses on identifiable price trends and conditions. More Info...

Price Boundaries

Also Holding Period Price Range

Low
November 27, 2024
0.00  NaN%
High

 0.00 

     

 0.00 

Also Holding AG cannot be verified against its exchange. Please verify the symbol is currently traded on SIX Swiss 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.

Also Holding November 27, 2024 Market Strength

Market strength indicators help investors to evaluate how Also Holding stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Also Holding shares will generate the highest return on investment. By undertsting and applying Also Holding stock market strength indicators, traders can identify Also Holding AG entry and exit signals to maximize returns

Also Holding Technical and Predictive Indicators

Predictive indicators are helping investors to find signals for Also Holding's price direction in advance. Along with the technical and fundamental analysis of Also Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Also 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.

Additional Tools for Also Stock Analysis

When running Also Holding's price analysis, check to measure Also Holding'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 Also Holding is operating at the current time. Most of Also Holding's value examination focuses on studying past and present price action to predict the probability of Also Holding's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Also Holding's price. Additionally, you may evaluate how the addition of Also Holding to your portfolios can decrease your overall portfolio volatility.