Alumil Rom (Romania) Price on February 21, 2024
| ALU Stock | 2.43 0.24 8.99% |
If you're considering investing in Alumil Stock, it is important to understand the factors that can impact its price. As of today, the current price of Alumil Rom stands at 2.43, as last reported on the 29th of November, with the highest price reaching 2.72 and the lowest price hitting 2.27 during the day. Alumil Rom Industry secures Sharpe Ratio (or Efficiency) of -0.15, which signifies that the company had a -0.15% return per unit of risk over the last 3 months. Alumil Rom Industry exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm Alumil Rom's Mean Deviation of 1.01, standard deviation of 1.56, and Risk Adjusted Performance of (0.12) to double-check the risk estimate we provide.
Alumil Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
Alumil |
Sharpe Ratio = -0.1515
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Estimated Market Risk
| 1.57 actual daily | 13 87% of assets are more volatile |
Expected Return
| -0.24 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| -0.15 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Alumil Rom 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 Alumil Rom by adding Alumil Rom to a well-diversified portfolio.
Alumil Rom Valuation on February 21, 2024
It is possible to determine the worth of Alumil Rom on a given historical date. On February 21, 2024 Alumil was worth 2.06 at the beginning of the trading date compared to the closed value of 1.97. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Alumil Rom stock. Still, in general, we apply an absolute valuation method to find Alumil Rom'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 Alumil Rom where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Alumil Rom's related companies.
| Open | High | Low | Close | Volume | |
| 2.15 | 2.16 | 1.89 | 2.06 | 44,459 | |
02/21/2024 | 2.06 | 2.13 | 1.97 | 1.97 | 36,666 |
| 2.06 | 2.07 | 1.93 | 2.01 | 55,437 |
| Backtest Alumil Rom | | | Alumil Rom History | Previous | Next |
Alumil Rom Trading Date Momentum on February 21, 2024
| On February 22 2024 Alumil Rom Industry was traded for 2.01 at the closing time. The maximum traded price for the trading interval was 2.07 and the lowest daily price was 1.93 . The daily volume was recorded at 55.4 K. The volume of trading on 22nd of February 2024 played a part in the next trading day price boost. The overall trading delta to the next closing price was 2.03% . The overall trading delta to the closing price today is 9.64% . |
About Alumil Rom Stock history
Alumil Rom 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 Alumil is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Alumil Rom Industry 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 Alumil Rom stock prices may prove useful in developing a viable investing in Alumil Rom
Alumil Rom Stock Technical Analysis
Alumil Rom 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
Alumil Rom Period Price Range
Low | November 29, 2024
| High |
0.00 | 0.00 |
Alumil Rom Industry cannot be verified against its exchange. Please verify the symbol is currently traded on Bucharest 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.
Alumil Rom November 29, 2024 Market Strength
Market strength indicators help investors to evaluate how Alumil Rom stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Alumil Rom shares will generate the highest return on investment. By undertsting and applying Alumil Rom stock market strength indicators, traders can identify Alumil Rom Industry entry and exit signals to maximize returns
Alumil Rom Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Alumil Rom's price direction in advance. Along with the technical and fundamental analysis of Alumil Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Alumil 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 | (0.12) | |||
| Jensen Alpha | (0.29) | |||
| Total Risk Alpha | (0.49) | |||
| Treynor Ratio | (0.85) |
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Other Information on Investing in Alumil Stock
Alumil Rom financial ratios help investors to determine whether Alumil 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 Alumil with respect to the benefits of owning Alumil Rom security.