African Media (South Africa) Price on November 25, 2024
AME Stock | 3,804 194.00 4.85% |
If you're considering investing in African Stock, it is important to understand the factors that can impact its price. As of today, the current price of African Media stands at 3,804, as last reported on the 27th of February, with the highest price reaching 3,804 and the lowest price hitting 3,804 during the day. African Media Entert secures Sharpe Ratio (or Efficiency) of close to zero, which signifies that the company had a close to zero % return per unit of risk over the last 3 months. African Media Entertainment exposes twenty-two different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm African Media's Standard Deviation of 2.36, mean deviation of 1.0, and Risk Adjusted Performance of 9.0E-4 to double-check the risk estimate we provide.
African Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
African |
Sharpe Ratio = -0.0023
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Estimated Market Risk
2.4 actual daily | 21 79% of assets are more volatile |
Expected Return
-0.01 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
0.0 actual daily | 0 Most of other assets perform better |
Based on monthly moving average African Media 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 African Media by adding African Media to a well-diversified portfolio.
African Media Valuation on November 25, 2024
It is possible to determine the worth of African Media on a given historical date. On November 25, 2024 African was worth 3785.85 at the beginning of the trading date compared to the closed value of 3785.85. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of African Media stock. Still, in general, we apply an absolute valuation method to find African Media'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 African Media where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against African Media's related companies.
Open | High | Low | Close | Volume | |
3,786 | 3,786 | 3,786 | 3,786 | 1.00 | |
11/25/2024 | 3,786 | 3,786 | 3,786 | 3,786 | 1.00 |
3,786 | 3,786 | 3,786 | 3,786 | 1.00 |
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African Media Trading Date Momentum on November 25, 2024
On November 26 2024 African Media Entertainment was traded for 3,786 at the closing time. The highest price during the trading period was 3,786 and the lowest recorded bid was listed for 3,786 . There was no trading activity during the period 1.0. Lack of trading volume on November 26, 2024 did not affect price variability. The overall trading delta to the current price is 2.59% . |
African Media Entert Fundamentals Correlations and Trends
By evaluating African Media'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 African Media's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. African financial account trend analysis is a perfect complement when working with valuation or volatility modules.About African Media Stock history
African Media 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 African is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in African Media Entert 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 African Media stock prices may prove useful in developing a viable investing in African Media
African Media Stock Technical Analysis
African Media 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
African Media Period Price Range
Low | February 27, 2025
| High |
0.00 | 0.00 |
African Media Entertainment cannot be verified against its exchange. Please verify the symbol is currently traded on Johannesburg 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.
African Media February 27, 2025 Market Strength
Market strength indicators help investors to evaluate how African Media stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading African Media shares will generate the highest return on investment. By undertsting and applying African Media stock market strength indicators, traders can identify African Media Entertainment entry and exit signals to maximize returns
African Media Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for African Media's price direction in advance. Along with the technical and fundamental analysis of African Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of African 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 | 9.0E-4 | |||
Jensen Alpha | (0.03) | |||
Total Risk Alpha | (0.01) | |||
Treynor Ratio | 0.2014 |
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Complementary Tools for African Stock analysis
When running African Media's price analysis, check to measure African Media'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 African Media is operating at the current time. Most of African Media's value examination focuses on studying past and present price action to predict the probability of African Media's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move African Media's price. Additionally, you may evaluate how the addition of African Media to your portfolios can decrease your overall portfolio volatility.
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