ALTEO Energiaszolgalta (Hungary) Price on July 4, 2024

ALTEO Stock   4,130  80.00  1.90%   
If you're considering investing in ALTEO Stock, it is important to understand the factors that can impact its price. As of today, the current price of ALTEO Energiaszolgalta stands at 4,130, as last reported on the 29th of November, with the highest price reaching 4,230 and the lowest price hitting 4,130 during the day. ALTEO Energiaszolgalta secures Sharpe Ratio (or Efficiency) of -0.14, which signifies that the company had a -0.14% return per unit of risk over the last 3 months. ALTEO Energiaszolgaltato Nyrt exposes twenty-four different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm ALTEO Energiaszolgalta's mean deviation of 0.795, and Risk Adjusted Performance of (0.13) to double-check the risk estimate we provide.
  
ALTEO Stock price history is provided at the adjusted basis, taking into account all of the recent filings.

Sharpe Ratio = -0.1448

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Estimated Market Risk

 1.09
  actual daily
9
91% of assets are more volatile

Expected Return

 -0.16
  actual daily
0
Most of other assets have higher returns

Risk-Adjusted Return

 -0.14
  actual daily
0
Most of other assets perform better
Based on monthly moving average ALTEO Energiaszolgalta 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 ALTEO Energiaszolgalta by adding ALTEO Energiaszolgalta to a well-diversified portfolio.

ALTEO Energiaszolgalta Valuation on July 4, 2024

It is possible to determine the worth of ALTEO Energiaszolgalta on a given historical date. On July 4, 2024 ALTEO was worth 4200.0 at the beginning of the trading date compared to the closed value of 4300.0. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of ALTEO Energiaszolgalta stock. Still, in general, we apply an absolute valuation method to find ALTEO Energiaszolgalta'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 ALTEO Energiaszolgalta where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against ALTEO Energiaszolgalta's related companies.
 Open High Low Close Volume
  4,190    4,200    4,160    4,200    1,106  
07/04/2024
  4,200    4,300    4,190    4,300    14,066  
  4,210    4,290    4,210    4,290    3,543  
Backtest ALTEO Energiaszolgalta  |  ALTEO Energiaszolgalta History  |  ALTEO Energiaszolgalta Valuation   PreviousNext  
Open Value
4200.0
4300.0
Closing Value
4,203
Upside

ALTEO Energiaszolgalta Trading Date Momentum on July 4, 2024

On July 05 2024 ALTEO Energiaszolgaltato Nyrt was traded for  4,290  at the closing time. The highest price during the trading period was 4,290  and the lowest recorded bid was listed for  4,210 . The volume for the day was 3.5 K. This history from July 5, 2024 contributed to the next trading day price decline. The overall trading delta to the next closing price was 0.23% . The overall trading delta to the current price is 0.47% .

ALTEO Energiaszolgalta Fundamentals Correlations and Trends

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

About ALTEO Energiaszolgalta Stock history

ALTEO Energiaszolgalta 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 ALTEO is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in ALTEO Energiaszolgalta 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 ALTEO Energiaszolgalta stock prices may prove useful in developing a viable investing in ALTEO Energiaszolgalta

ALTEO Energiaszolgalta Stock Technical Analysis

ALTEO Energiaszolgalta 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 ALTEO Energiaszolgalta technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of ALTEO Energiaszolgalta 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

ALTEO Energiaszolgalta Period Price Range

Low
November 29, 2024
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High

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ALTEO Energiaszolgaltato Nyrt cannot be verified against its exchange. Please verify the symbol is currently traded on Budapest Stock 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.

ALTEO Energiaszolgalta November 29, 2024 Market Strength

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

ALTEO Energiaszolgalta Technical and Predictive Indicators

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

Complementary Tools for ALTEO Stock analysis

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