The Andersons Stock Price on October 9, 2024
ANDE Stock | USD 47.89 0.30 0.63% |
If you're considering investing in Andersons Stock, it is important to understand the factors that can impact its price. As of today, the current price of Andersons stands at 47.89, as last reported on the 22nd of November, with the highest price reaching 48.38 and the lowest price hitting 47.46 during the day. Andersons secures Sharpe Ratio (or Efficiency) of -0.0242, which signifies that the company had a -0.0242% return per unit of standard deviation over the last 3 months. The Andersons exposes twenty-four different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm Andersons' Coefficient Of Variation of (4,139), risk adjusted performance of (0.01), and Mean Deviation of 1.42 to double-check the risk estimate we provide.
Andersons Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
Andersons |
Sharpe Ratio = -0.0242
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Estimated Market Risk
2.27 actual daily | 20 80% of assets are more volatile |
Expected Return
-0.05 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
-0.02 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Andersons 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 Andersons by adding Andersons to a well-diversified portfolio.
Andersons Valuation on October 9, 2024
It is possible to determine the worth of Andersons on a given historical date. On October 9, 2024 Andersons was worth 49.36 at the beginning of the trading date compared to the closed value of 49.26. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Andersons stock. Still, in general, we apply an absolute valuation method to find Andersons' 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 Andersons where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Andersons' related companies.
Open | High | Low | Close | Volume | |
49.87 | 49.87 | 48.95 | 49.44 | 109,298 | |
10/09/2024 | 49.36 | 50.08 | 49.22 | 49.26 | 105,044 |
48.75 | 48.96 | 48.04 | 48.69 | 126,782 |
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Andersons Trading Date Momentum on October 9, 2024
On October 10 2024 The Andersons was traded for 48.69 at the closing time. The top price for the day was 48.96 and the lowest listed price was 48.04 . The trading volume for the day was 126.8 K. The trading history from October 10, 2024 was a factor to the next trading day price decrease. The overall trading delta against the next closing price was 1.16% . The trading price change against the current closing price is 2.21% . |
Andersons Fundamentals Correlations and Trends
By evaluating Andersons' financials over time, investors can gain insight into future company performance. However, you can also analyze the published financial statements to find patterns among Andersons' main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Andersons financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Andersons Stock history
Andersons 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 Andersons is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Andersons 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 Andersons stock prices may prove useful in developing a viable investing in Andersons
The Andersons, Inc., an agriculture company, operates in trade, renewables, and plant nutrient sectors in the United States and internationally. The Andersons, Inc. was founded in 1947 and is based in Maumee, Ohio. Andersons operates under Food Distribution classification in the United States and is traded on NASDAQ Exchange. It employs 2371 people.
Andersons Stock Technical Analysis
Andersons 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
Andersons Period Price Range
Low | November 22, 2024
| High |
0.00 | 0.00 |
The Andersons cannot be verified against its exchange. Please verify the symbol is currently traded on NASDAQ 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.
Andersons November 22, 2024 Market Strength
Market strength indicators help investors to evaluate how Andersons stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Andersons shares will generate the highest return on investment. By undertsting and applying Andersons stock market strength indicators, traders can identify The Andersons entry and exit signals to maximize returns
Andersons Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Andersons' price direction in advance. Along with the technical and fundamental analysis of Andersons Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Andersons 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 | (0.01) | |||
Jensen Alpha | (0.08) | |||
Total Risk Alpha | (0.36) | |||
Treynor Ratio | (0.34) |
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Volume Indicators |
Complementary Tools for Andersons Stock analysis
When running Andersons' price analysis, check to measure Andersons' 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 Andersons is operating at the current time. Most of Andersons' value examination focuses on studying past and present price action to predict the probability of Andersons' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Andersons' price. Additionally, you may evaluate how the addition of Andersons to your portfolios can decrease your overall portfolio volatility.
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