Aluar Aluminio (Argentina) Price on September 25, 2023
| ALUA Stock | ARS 950.00 6.00 0.64% |
If you're considering investing in Aluar Stock, it is important to understand the factors that can impact its price. As of today, the current price of Aluar Aluminio stands at 950.00, as last reported on the 30th of November, with the highest price reaching 953.00 and the lowest price hitting 923.00 during the day. At this point, Aluar Aluminio is very steady. Aluar Aluminio Argentino secures Sharpe Ratio (or Efficiency) of 0.0392, which signifies that the company had a 0.0392% return per unit of risk over the last 3 months. We have found thirty technical indicators for Aluar Aluminio Argentino, which you can use to evaluate the volatility of the firm. Please confirm Aluar Aluminio's Downside Deviation of 1.84, risk adjusted performance of 0.0425, and Mean Deviation of 1.54 to double-check if the risk estimate we provide is consistent with the expected return of 0.0851%.
Aluar Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
Aluar |
Sharpe Ratio = 0.0392
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Estimated Market Risk
| 2.17 actual daily | 19 81% of assets are more volatile |
Expected Return
| 0.09 actual daily | 1 99% of assets have higher returns |
Risk-Adjusted Return
| 0.04 actual daily | 3 97% of assets perform better |
Based on monthly moving average Aluar Aluminio is performing at about 3% 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 Aluar Aluminio by adding it to a well-diversified portfolio.
Aluar Aluminio Valuation on September 25, 2023
It is possible to determine the worth of Aluar Aluminio on a given historical date. On September 25, 2023 Aluar was worth 605.0 at the beginning of the trading date compared to the closed value of 605.5. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Aluar Aluminio stock. Still, in general, we apply an absolute valuation method to find Aluar Aluminio'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 Aluar Aluminio where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Aluar Aluminio's related companies.
| Open | High | Low | Close | Volume | |
| 598.00 | 608.00 | 594.50 | 604.00 | 391,358 | |
09/25/2023 | 605.00 | 615.00 | 571.00 | 605.50 | 475,803 |
| 605.00 | 625.00 | 590.00 | 619.50 | 578,876 |
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Aluar Aluminio Trading Date Momentum on September 25, 2023
| On September 26 2023 Aluar Aluminio Argentino was traded for 619.50 at the closing time. The highest price during the trading period was 625.00 and the lowest recorded bid was listed for 590.00 . The volume for the day was 578.9 K. This history from September 26, 2023 contributed to the next trading day price jump. The overall trading delta to the next closing price was 2.31% . The overall trading delta to the current price is 18.91% . |
Aluar Aluminio Argentino Fundamentals Correlations and Trends
By evaluating Aluar Aluminio'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 Aluar Aluminio's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Aluar financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Aluar Aluminio Stock history
Aluar Aluminio 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 Aluar is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Aluar Aluminio Argentino 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 Aluar Aluminio stock prices may prove useful in developing a viable investing in Aluar Aluminio
Aluar Aluminio Argentino S.A.I.C. produces and sells aluminum products worldwide. The company was founded in 1974 and is headquartered in Buenos Aires, Argentina. ALUAR ALUMINIO is traded on Buenos-Aires Stock Exchange in Argentina.
Aluar Aluminio Stock Technical Analysis
Aluar Aluminio 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
Aluar Aluminio Period Price Range
Low | November 30, 2024
| High |
0.00 | 0.00 |
Aluar Aluminio Argentino cannot be verified against its exchange. Please verify the symbol is currently traded on Buenos Aires 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.
Aluar Aluminio November 30, 2024 Market Strength
Market strength indicators help investors to evaluate how Aluar Aluminio stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Aluar Aluminio shares will generate the highest return on investment. By undertsting and applying Aluar Aluminio stock market strength indicators, traders can identify Aluar Aluminio Argentino entry and exit signals to maximize returns
Aluar Aluminio Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Aluar Aluminio's price direction in advance. Along with the technical and fundamental analysis of Aluar Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Aluar 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 | 0.0425 | |||
| Jensen Alpha | 0.0807 | |||
| Total Risk Alpha | (0.27) | |||
| Sortino Ratio | (0.02) | |||
| Treynor Ratio | 1.14 |
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Complementary Tools for Aluar Stock analysis
When running Aluar Aluminio's price analysis, check to measure Aluar Aluminio'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 Aluar Aluminio is operating at the current time. Most of Aluar Aluminio's value examination focuses on studying past and present price action to predict the probability of Aluar Aluminio's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Aluar Aluminio's price. Additionally, you may evaluate how the addition of Aluar Aluminio to your portfolios can decrease your overall portfolio volatility.
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