Arion Banki (Iceland) Price on December 5, 2023
| ARION Stock | 156.50 2.50 1.62% |
If you're considering investing in Arion Stock, it is important to understand the factors that can impact its price. As of today, the current price of Arion Banki stands at 156.50, as last reported on the 27th of November, with the highest price reaching 156.50 and the lowest price hitting 153.50 during the day. Arion Banki is very steady at the moment. Arion banki hf secures Sharpe Ratio (or Efficiency) of 0.16, which signifies that the company had a 0.16% return per unit of risk over the last 3 months. We have found thirty technical indicators for Arion banki hf, which you can use to evaluate the volatility of the firm. Please confirm Arion Banki's Downside Deviation of 1.02, mean deviation of 0.901, and Risk Adjusted Performance of 0.129 to double-check if the risk estimate we provide is consistent with the expected return of 0.19%.
Arion Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
Arion |
Sharpe Ratio = 0.158
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Estimated Market Risk
| 1.2 actual daily | 10 90% of assets are more volatile |
Expected Return
| 0.19 actual daily | 3 97% of assets have higher returns |
Risk-Adjusted Return
| 0.16 actual daily | 12 88% of assets perform better |
Based on monthly moving average Arion Banki is performing at about 12% 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 Arion Banki by adding it to a well-diversified portfolio.
Arion Banki Valuation on December 5, 2023
It is possible to determine the worth of Arion Banki on a given historical date. On December 5, 2023 Arion was worth 138.5 at the beginning of the trading date compared to the closed value of 138.0. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Arion Banki stock. Still, in general, we apply an absolute valuation method to find Arion Banki'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 Arion Banki where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Arion Banki's related companies.
| Open | High | Low | Close | Volume | |
| 139.00 | 140.00 | 137.50 | 137.50 | 2,704,608 | |
12/05/2023 | 138.50 | 139.00 | 137.00 | 138.00 | 6,712,375 |
| 137.50 | 138.00 | 136.50 | 137.00 | 1,645,500 |
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Arion Banki Trading Date Momentum on December 5, 2023
| On December 06 2023 Arion banki hf was traded for 137.00 at the closing time. The highest price during the trading period was 138.00 and the lowest recorded bid was listed for 136.50 . The volume for the day was 1.6 M. This history from December 6, 2023 contributed to the next trading day price decline. The overall trading delta to the next closing price was 0.72% . The overall trading delta to the current price is 1.81% . |
Price Boundaries
Arion Banki Period Price Range
Low | November 27, 2024
| High |
0.00 | 0.00 |
Arion banki hf cannot be verified against its exchange. Please verify the symbol is currently traded on Iceland 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.
Arion Banki November 27, 2024 Market Strength
Market strength indicators help investors to evaluate how Arion Banki stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Arion Banki shares will generate the highest return on investment. By undertsting and applying Arion Banki stock market strength indicators, traders can identify Arion banki hf entry and exit signals to maximize returns
Arion Banki Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Arion Banki's price direction in advance. Along with the technical and fundamental analysis of Arion Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Arion 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 | 0.129 | |||
| Jensen Alpha | 0.2045 | |||
| Total Risk Alpha | (0) | |||
| Sortino Ratio | 0.0662 | |||
| Treynor Ratio | (1.36) |
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| Volume Indicators |
Complementary Tools for Arion Stock analysis
When running Arion Banki's price analysis, check to measure Arion Banki'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 Arion Banki is operating at the current time. Most of Arion Banki's value examination focuses on studying past and present price action to predict the probability of Arion Banki's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Arion Banki's price. Additionally, you may evaluate how the addition of Arion Banki to your portfolios can decrease your overall portfolio volatility.
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