Alpha Trust (Greece) Price on October 1, 2024
| ANDRO Stock | EUR 6.42 0.04 0.63% |
If you're considering investing in Alpha Stock, it is important to understand the factors that can impact its price. As of today, the current price of Alpha Trust stands at 6.42, as last reported on the 26th of November, with the highest price reaching 6.46 and the lowest price hitting 6.36 during the day. At this point, Alpha Trust is not too volatile. Alpha Trust Andromeda secures Sharpe Ratio (or Efficiency) of 0.0331, which signifies that the company had a 0.0331% return per unit of risk over the last 3 months. We have found twenty-nine technical indicators for Alpha Trust Andromeda, which you can use to evaluate the volatility of the firm. Please confirm Alpha Trust's Mean Deviation of 0.6728, risk adjusted performance of 0.0171, and Downside Deviation of 0.7974 to double-check if the risk estimate we provide is consistent with the expected return of 0.0286%.
Alpha Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
Alpha |
Sharpe Ratio = 0.0331
| Best Portfolio | Best Equity | |||
| Good Returns | ||||
| Average Returns | ||||
| Small Returns | ||||
| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
| Negative Returns | ANDRO |
Estimated Market Risk
| 0.86 actual daily | 7 93% of assets are more volatile |
Expected Return
| 0.03 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 Alpha Trust 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 Alpha Trust by adding it to a well-diversified portfolio.
Alpha Trust Valuation on October 1, 2024
It is possible to determine the worth of Alpha Trust on a given historical date. On October 1, 2024 Alpha was worth 6.42 at the beginning of the trading date compared to the closed value of 6.42. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Alpha Trust stock. Still, in general, we apply an absolute valuation method to find Alpha Trust'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 Alpha Trust where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Alpha Trust's related companies.
| Open | High | Low | Close | Volume | |
| 6.38 | 6.40 | 6.34 | 6.40 | 555.00 | |
10/01/2024 | 6.42 | 6.52 | 6.40 | 6.42 | 2,720 |
| 6.46 | 6.46 | 6.34 | 6.36 | 10,580 |
| Backtest Alpha Trust | | | Alpha Trust History | | | Alpha Trust Valuation | Previous | Next |
Alpha Trust Trading Date Momentum on October 1, 2024
| On October 02 2024 Alpha Trust Andromeda was traded for 6.36 at the closing time. The highest price during the trading period was 6.46 and the lowest recorded bid was listed for 6.34 . The volume for the day was 10.6 K. This history from October 2, 2024 contributed to the next trading day price decline. The overall trading delta to the next closing price was 0.93% . The overall trading delta to the current price is 0.00% . |
Alpha Trust Andromeda Fundamentals Correlations and Trends
By evaluating Alpha Trust'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 Alpha Trust's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Alpha financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Alpha Trust Stock history
Alpha Trust 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 Alpha is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Alpha Trust Andromeda 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 Alpha Trust stock prices may prove useful in developing a viable investing in Alpha Trust
Alpha Trust Andromeda Investment Trust S.A. is a closed-end balanced mutual fund launched and managed by Alpha Trust M.F.M. Alpha Trust Andromeda Investment Trust S.A was formed in July 25, 2000 and is domiciled in Greece. ALPHA TRUST is traded on Athens Stock Exchange in Greece.
Alpha Trust Stock Technical Analysis
Alpha Trust 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
Alpha Trust Period Price Range
Low | November 26, 2024
| High |
0.00 | 0.00 |
Alpha Trust Andromeda cannot be verified against its exchange. Please verify the symbol is currently traded on Athens 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.
Alpha Trust November 26, 2024 Market Strength
Market strength indicators help investors to evaluate how Alpha Trust stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Alpha Trust shares will generate the highest return on investment. By undertsting and applying Alpha Trust stock market strength indicators, traders can identify Alpha Trust Andromeda entry and exit signals to maximize returns
Alpha Trust Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Alpha Trust's price direction in advance. Along with the technical and fundamental analysis of Alpha Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Alpha 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 | 0.0171 | |||
| Jensen Alpha | (0.01) | |||
| Total Risk Alpha | (0.13) | |||
| Sortino Ratio | (0.14) | |||
| Treynor Ratio | 0.0709 |
| Cycle Indicators | ||
| Math Operators | ||
| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
Complementary Tools for Alpha Stock analysis
When running Alpha Trust's price analysis, check to measure Alpha Trust'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 Alpha Trust is operating at the current time. Most of Alpha Trust's value examination focuses on studying past and present price action to predict the probability of Alpha Trust's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Alpha Trust's price. Additionally, you may evaluate how the addition of Alpha Trust to your portfolios can decrease your overall portfolio volatility.
| Equity Forecasting Use basic forecasting models to generate price predictions and determine price momentum | |
| Performance Analysis Check effects of mean-variance optimization against your current asset allocation | |
| Odds Of Bankruptcy Get analysis of equity chance of financial distress in the next 2 years | |
| Portfolio Dashboard Portfolio dashboard that provides centralized access to all your investments | |
| Idea Breakdown Analyze constituents of all Macroaxis ideas. Macroaxis investment ideas are predefined, sector-focused investing themes | |
| Watchlist Optimization Optimize watchlists to build efficient portfolios or rebalance existing positions based on the mean-variance optimization algorithm | |
| Investing Opportunities Build portfolios using our predefined set of ideas and optimize them against your investing preferences | |
| Equity Valuation Check real value of public entities based on technical and fundamental data |