Aspen Pharmacare (South Africa) Price on February 10, 2023
APN Stock | 16,805 95.00 0.56% |
If you're considering investing in Aspen Stock, it is important to understand the factors that can impact its price. As of today, the current price of Aspen Pharmacare stands at 16,805, as last reported on the 11th of December 2024, with the highest price reaching 17,157 and the lowest price hitting 16,750 during the day. Aspen Pharmacare Holdings secures Sharpe Ratio (or Efficiency) of -0.17, which signifies that the company had a -0.17% return per unit of risk over the last 3 months. Aspen Pharmacare Holdings exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm Aspen Pharmacare's Risk Adjusted Performance of (0.12), standard deviation of 1.03, and Mean Deviation of 0.7053 to double-check the risk estimate we provide.
Aspen Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
Aspen |
Sharpe Ratio = -0.1693
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Estimated Market Risk
1.05 actual daily | 9 91% of assets are more volatile |
Expected Return
-0.18 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
-0.17 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Aspen Pharmacare 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 Aspen Pharmacare by adding Aspen Pharmacare to a well-diversified portfolio.
Aspen Pharmacare Valuation on February 10, 2023
It is possible to determine the worth of Aspen Pharmacare on a given historical date. On February 10, 2023 Aspen was worth 14229.68 at the beginning of the trading date compared to the closed value of 14179.65. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Aspen Pharmacare stock. Still, in general, we apply an absolute valuation method to find Aspen Pharmacare'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 Aspen Pharmacare where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Aspen Pharmacare's related companies.
Open | High | Low | Close | Volume | |
14,252 | 14,318 | 14,131 | 14,251 | 737,513 | |
02/10/2023 | 14,230 | 14,286 | 14,016 | 14,180 | 375,136 |
14,000 | 14,336 | 14,000 | 14,304 | 505,293 |
Backtest Aspen Pharmacare | | | Aspen Pharmacare History | | | Aspen Pharmacare Valuation | Previous | Next |
Aspen Pharmacare Trading Date Momentum on February 10, 2023
On February 13 2023 Aspen Pharmacare Holdings was traded for 14,304 at the closing time. The highest price during the trading period was 14,336 and the lowest recorded bid was listed for 14,000 . The volume for the day was 505.3 K. This history from February 13, 2023 contributed to the next trading day price growth. The overall trading delta to the next closing price was 0.88% . The overall trading delta to the current price is 0.25% . |
Aspen Pharmacare Holdings Fundamentals Correlations and Trends
By evaluating Aspen Pharmacare'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 Aspen Pharmacare's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Aspen financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Aspen Pharmacare Stock history
Aspen Pharmacare 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 Aspen is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Aspen Pharmacare Holdings 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 Aspen Pharmacare stock prices may prove useful in developing a viable investing in Aspen Pharmacare
Aspen Pharmacare Stock Technical Analysis
Aspen Pharmacare 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
Aspen Pharmacare Period Price Range
Low | December 11, 2024
| High |
0.00 | 0.00 |
Aspen Pharmacare Holdings 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.
Aspen Pharmacare December 11, 2024 Market Strength
Market strength indicators help investors to evaluate how Aspen Pharmacare stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Aspen Pharmacare shares will generate the highest return on investment. By undertsting and applying Aspen Pharmacare stock market strength indicators, traders can identify Aspen Pharmacare Holdings entry and exit signals to maximize returns
Aspen Pharmacare Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Aspen Pharmacare's price direction in advance. Along with the technical and fundamental analysis of Aspen Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Aspen 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 | (0.12) | |||
Jensen Alpha | (0.18) | |||
Total Risk Alpha | (0.35) | |||
Treynor Ratio | 5.06 |
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Complementary Tools for Aspen Stock analysis
When running Aspen Pharmacare's price analysis, check to measure Aspen Pharmacare'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 Aspen Pharmacare is operating at the current time. Most of Aspen Pharmacare's value examination focuses on studying past and present price action to predict the probability of Aspen Pharmacare's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Aspen Pharmacare's price. Additionally, you may evaluate how the addition of Aspen Pharmacare to your portfolios can decrease your overall portfolio volatility.
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