AMAG Austria (Germany) Price on November 4, 2024
| AM8 Stock | EUR 23.90 0.10 0.42% |
If you're considering investing in AMAG Stock, it is important to understand the factors that can impact its price. As of today, the current price of AMAG Austria stands at 23.90, as last reported on the 24th of December, with the highest price reaching 23.90 and the lowest price hitting 23.90 during the day. At this point, AMAG Austria is very steady. AMAG Austria Metall retains Efficiency (Sharpe Ratio) of 0.0322, which signifies that the company had a 0.0322% return per unit of risk over the last 3 months. We have found twenty-seven technical indicators for AMAG Austria, which you can use to evaluate the volatility of the firm. Please confirm AMAG Austria's coefficient of variation of 3590.73, and Market Risk Adjusted Performance of (0.71) to double-check if the risk estimate we provide is consistent with the expected return of 0.0514%.
AMAG Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
AMAG |
Sharpe Ratio = 0.0322
| Best Portfolio | Best Equity | |||
| Good Returns | ||||
| Average Returns | ||||
| Small Returns | ||||
| Cash | Small Risk | AM8 | High Risk | Huge Risk |
| Negative Returns |
Estimated Market Risk
| 1.6 actual daily | 14 86% of assets are more volatile |
Expected Return
| 0.05 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| 0.03 actual daily | 2 98% of assets perform better |
Based on monthly moving average AMAG Austria is performing at about 2% 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 AMAG Austria by adding it to a well-diversified portfolio.
AMAG Austria Valuation on November 4, 2024
It is possible to determine the worth of AMAG Austria on a given historical date. On November 4, 2024 AMAG was worth 24.6 at the beginning of the trading date compared to the closed value of 24.0. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of AMAG Austria stock. Still, in general, we apply an absolute valuation method to find AMAG Austria'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 AMAG Austria where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against AMAG Austria's related companies.
| Open | High | Low | Close | Volume | |
| 24.60 | 24.60 | 24.60 | 24.60 | 105.00 | |
11/04/2024 | 24.60 | 24.60 | 24.00 | 24.00 | 26.00 |
| 24.30 | 24.30 | 24.30 | 24.30 | 1.00 |
| Backtest AMAG Austria | | | AMAG Austria History | | | AMAG Austria Valuation | Previous | Next |
AMAG Austria Trading Date Momentum on November 4, 2024
| On November 05 2024 AMAG Austria Metall was traded for 24.30 at the closing time. The highest daily price throughout the period was 24.30 and the lowest price was 24.30 . There was no trading activity during the period 1.0. Lack of trading volume on 11/05/2024 added to the next day price rise. The overall trading delta to closing price of the next trading day was 1.25% . The overall trading delta to current closing price is 2.92% . |
AMAG Austria Metall Fundamentals Correlations and Trends
By evaluating AMAG Austria'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 AMAG Austria's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. AMAG financial account trend analysis is a perfect complement when working with valuation or volatility modules.About AMAG Austria Stock history
AMAG Austria 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 AMAG is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in AMAG Austria Metall 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 AMAG Austria stock prices may prove useful in developing a viable investing in AMAG Austria
AMAG Austria Metall AG, together with its subsidiaries, produces, processes, and distributes aluminum, and aluminum wrought and cast products. AMAG Austria Metall AG is headquartered in Ranshofen, Austria. AMAG AUSTRIA operates under Aluminum classification in Germany and is traded on Frankfurt Stock Exchange. It employs 1983 people.
AMAG Austria Stock Technical Analysis
AMAG Austria 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
AMAG Austria Period Price Range
Low | December 24, 2024
| High |
0.00 | 0.00 |
AMAG Austria Metall cannot be verified against its exchange. Please verify the symbol is currently traded on Frankfurt 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.
AMAG Austria December 24, 2024 Market Strength
Market strength indicators help investors to evaluate how AMAG Austria stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading AMAG Austria shares will generate the highest return on investment. By undertsting and applying AMAG Austria stock market strength indicators, traders can identify AMAG Austria Metall entry and exit signals to maximize returns
AMAG Austria Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for AMAG Austria's price direction in advance. Along with the technical and fundamental analysis of AMAG Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of AMAG 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 | 0.0272 | |||
| Jensen Alpha | 0.0358 | |||
| Total Risk Alpha | (0.03) | |||
| Sortino Ratio | (0.0004) | |||
| Treynor Ratio | (0.72) |
| Cycle Indicators | ||
| Math Operators | ||
| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
Complementary Tools for AMAG Stock analysis
When running AMAG Austria's price analysis, check to measure AMAG Austria'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 AMAG Austria is operating at the current time. Most of AMAG Austria's value examination focuses on studying past and present price action to predict the probability of AMAG Austria's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move AMAG Austria's price. Additionally, you may evaluate how the addition of AMAG Austria to your portfolios can decrease your overall portfolio volatility.
| Portfolio Rebalancing Analyze risk-adjusted returns against different time horizons to find asset-allocation targets | |
| Fundamental Analysis View fundamental data based on most recent published financial statements | |
| Sectors List of equity sectors categorizing publicly traded companies based on their primary business activities | |
| Portfolio Holdings Check your current holdings and cash postion to detemine if your portfolio needs rebalancing | |
| USA ETFs Find actively traded Exchange Traded Funds (ETF) in USA | |
| Crypto Correlations Use cryptocurrency correlation module to diversify your cryptocurrency portfolio across multiple coins | |
| Transaction History View history of all your transactions and understand their impact on performance | |
| Global Markets Map Get a quick overview of global market snapshot using zoomable world map. Drill down to check world indexes | |
| Risk-Return Analysis View associations between returns expected from investment and the risk you assume |