Alumexx NV (Netherlands) Price on May 10, 2024
ALX Stock | EUR 1.20 0.06 4.76% |
If you're considering investing in Alumexx Stock, it is important to understand the factors that can impact its price. As of today, the current price of Alumexx NV stands at 1.20, as last reported on the 29th of November, with the highest price reaching 1.26 and the lowest price hitting 1.18 during the day. Alumexx NV secures Sharpe Ratio (or Efficiency) of -0.0091, which signifies that the company had a -0.0091% return per unit of risk over the last 3 months. Alumexx NV exposes twenty-two different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm Alumexx NV's Mean Deviation of 1.16, risk adjusted performance of (0.0004), and Standard Deviation of 2.03 to double-check the risk estimate we provide.
Alumexx Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
Alumexx |
Sharpe Ratio = -0.0091
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Estimated Market Risk
2.04 actual daily | 18 82% of assets are more volatile |
Expected Return
-0.02 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
-0.01 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Alumexx NV 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 Alumexx NV by adding Alumexx NV to a well-diversified portfolio.
Alumexx NV Valuation on May 10, 2024
It is possible to determine the worth of Alumexx NV on a given historical date. On May 10, 2024 Alumexx was worth 1.35 at the beginning of the trading date compared to the closed value of 1.34. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Alumexx NV stock. Still, in general, we apply an absolute valuation method to find Alumexx NV'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 Alumexx NV where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Alumexx NV's related companies.
Open | High | Low | Close | Volume | |
1.31 | 1.39 | 1.31 | 1.35 | 1,350 | |
05/10/2024 | 1.35 | 1.35 | 1.32 | 1.34 | 8,310 |
1.35 | 1.35 | 1.32 | 1.34 | 8,310 |
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Alumexx NV Trading Date Momentum on May 10, 2024
On May 13 2024 Alumexx NV was traded for 1.34 at the closing time. The maximum traded price for the trading interval was 1.35 and the lowest daily price was 1.32 . The daily volume was recorded at 8.3 K. The volume of trading on 13th of May 2024 did not affect price variability. The overall trading delta to the closing price today is 3.73% . |
Alumexx NV Fundamentals Correlations and Trends
By evaluating Alumexx NV'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 Alumexx NV's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Alumexx financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Alumexx NV Stock history
Alumexx NV 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 Alumexx is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Alumexx NV 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 Alumexx NV stock prices may prove useful in developing a viable investing in Alumexx NV
Alumexx N.V. manufactures and sells scaffoldings, stairs, ladders, accessories, and spare parts. Alumexx N.V. was founded in 1991 and is based in Etten-Leur, the Netherlands. ALUMEXX N operates under Internet Retail classification in Netherlands and is traded on Amsterdam Stock Exchange. It employs 1 people.
Alumexx NV Stock Technical Analysis
Alumexx NV 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
Alumexx NV Period Price Range
Low | November 29, 2024
| High |
0.00 | 0.00 |
Alumexx NV cannot be verified against its exchange. Please verify the symbol is currently traded on Euronext Amsterdam. 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.
Alumexx NV November 29, 2024 Market Strength
Market strength indicators help investors to evaluate how Alumexx NV stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Alumexx NV shares will generate the highest return on investment. By undertsting and applying Alumexx NV stock market strength indicators, traders can identify Alumexx NV entry and exit signals to maximize returns
Alumexx NV Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Alumexx NV's price direction in advance. Along with the technical and fundamental analysis of Alumexx Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Alumexx 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 | (0.0004) | |||
Jensen Alpha | (0.09) | |||
Total Risk Alpha | (0.33) | |||
Treynor Ratio | (0.05) |
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Additional Tools for Alumexx Stock Analysis
When running Alumexx NV's price analysis, check to measure Alumexx NV'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 Alumexx NV is operating at the current time. Most of Alumexx NV's value examination focuses on studying past and present price action to predict the probability of Alumexx NV's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Alumexx NV's price. Additionally, you may evaluate how the addition of Alumexx NV to your portfolios can decrease your overall portfolio volatility.