Afine Investments (South Africa) Price on May 24, 2024
| ANI Stock | 450.00 49.00 12.22% |
If you're considering investing in Afine Stock, it is important to understand the factors that can impact its price. As of today, the current price of Afine Investments stands at 450.00, as last reported on the 29th of November, with the highest price reaching 450.00 and the lowest price hitting 450.00 during the day. At this point, Afine Investments is very steady. Afine Investments secures Sharpe Ratio (or Efficiency) of 0.0093, which signifies that the company had a 0.0093% return per unit of risk over the last 3 months. We have found nineteen technical indicators for Afine Investments, which you can use to evaluate the volatility of the firm. Please confirm Afine Investments' Standard Deviation of 2.44, risk adjusted performance of 0.0717, and Mean Deviation of 0.7379 to double-check if the risk estimate we provide is consistent with the expected return of 0.0181%.
Afine Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
Afine |
Sharpe Ratio = 0.0093
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| Negative Returns | ANI |
Estimated Market Risk
| 1.94 actual daily | 17 83% 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 Afine Investments 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 Afine Investments by adding Afine Investments to a well-diversified portfolio.
Afine Investments Valuation on May 24, 2024
It is possible to determine the worth of Afine Investments on a given historical date. On May 24, 2024 Afine was worth 381.78 at the beginning of the trading date compared to the closed value of 381.78. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Afine Investments stock. Still, in general, we apply an absolute valuation method to find Afine Investments' 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 Afine Investments where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Afine Investments' related companies.
| Open | High | Low | Close | Volume | |
| 472.45 | 472.45 | 472.45 | 472.45 | 1.00 | |
05/24/2024 | 381.78 | 381.78 | 381.78 | 381.78 | 80.00 |
| 381.78 | 381.78 | 381.78 | 381.78 | 1.00 |
| Backtest Afine Investments | | | Afine Investments History | | | Afine Investments Valuation | Previous | Next |
Afine Investments Trading Date Momentum on May 24, 2024
| On May 27 2024 Afine Investments was traded for 381.78 at the closing time. The highest price during the trading period was 381.78 and the lowest recorded bid was listed for 381.78 . There was no trading activity during the period 1.0. Lack of trading volume on May 27, 2024 did not affect price variability. The overall trading delta to the current price is 23.75% . |
Afine Investments Fundamentals Correlations and Trends
By evaluating Afine Investments' financials over time, investors can gain insight into future company performance. However, you can also analyze the published financial statements to find patterns among Afine Investments' main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Afine financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Afine Investments Stock history
Afine Investments 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 Afine is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Afine Investments 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 Afine Investments stock prices may prove useful in developing a viable investing in Afine Investments
Afine Investments Stock Technical Analysis
Afine Investments 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
Afine Investments Period Price Range
Low | November 29, 2024
| High |
0.00 | 0.00 |
Afine Investments 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.
Afine Investments November 29, 2024 Market Strength
Market strength indicators help investors to evaluate how Afine Investments stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Afine Investments shares will generate the highest return on investment. By undertsting and applying Afine Investments stock market strength indicators, traders can identify Afine Investments entry and exit signals to maximize returns
Afine Investments Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Afine Investments' price direction in advance. Along with the technical and fundamental analysis of Afine Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Afine 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 | 0.0717 | |||
| Jensen Alpha | 0.1834 | |||
| Total Risk Alpha | (0.17) | |||
| Treynor Ratio | 1.7 |
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| Volume Indicators |
Complementary Tools for Afine Stock analysis
When running Afine Investments' price analysis, check to measure Afine Investments' 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 Afine Investments is operating at the current time. Most of Afine Investments' value examination focuses on studying past and present price action to predict the probability of Afine Investments' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Afine Investments' price. Additionally, you may evaluate how the addition of Afine Investments to your portfolios can decrease your overall portfolio volatility.
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