Arena Hospitality (Croatia) Price on November 15, 2024
| ARNT Stock | 31.80 0.40 1.24% |
If you're considering investing in Arena Stock, it is important to understand the factors that can impact its price. As of today, the current price of Arena Hospitality stands at 31.80, as last reported on the 13th of December 2024, with the highest price reaching 31.80 and the lowest price hitting 31.80 during the day. Arena Hospitality secures Sharpe Ratio (or Efficiency) of -0.0655, which signifies that the company had a -0.0655% return per unit of standard deviation over the last 3 months. Arena Hospitality Group exposes twenty-one different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm Arena Hospitality's mean deviation of 0.7381, and Risk Adjusted Performance of (0.05) to double-check the risk estimate we provide.
Arena Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
Arena |
Sharpe Ratio = -0.0655
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Estimated Market Risk
| 0.98 actual daily | 8 92% of assets are more volatile |
Expected Return
| -0.06 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| -0.07 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Arena Hospitality 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 Arena Hospitality by adding Arena Hospitality to a well-diversified portfolio.
Arena Hospitality Valuation on November 15, 2024
It is possible to determine the worth of Arena Hospitality on a given historical date. On November 15, 2024 Arena was worth 32.0 at the beginning of the trading date compared to the closed value of 31.8. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Arena Hospitality stock. Still, in general, we apply an absolute valuation method to find Arena Hospitality'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 Arena Hospitality where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Arena Hospitality's related companies.
| Open | High | Low | Close | Volume | |
| 32.00 | 32.00 | 32.00 | 32.00 | 300.00 | |
11/15/2024 | 32.00 | 32.00 | 31.80 | 31.80 | 710.00 |
| 31.60 | 31.80 | 31.60 | 31.80 | 2,400 |
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Arena Hospitality Trading Date Momentum on November 15, 2024
| On November 19 2024 Arena Hospitality Group was traded for 31.80 at the closing time. The highest price during the trading period was 31.80 and the lowest recorded bid was listed for 31.60 . The volume for the day was 2.4 K. This history from November 19, 2024 did not affect price variability. The overall trading delta to the current price is 0.63% . |
About Arena Hospitality Stock history
Arena Hospitality 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 Arena is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Arena Hospitality 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 Arena Hospitality stock prices may prove useful in developing a viable investing in Arena Hospitality
Arena Hospitality Stock Technical Analysis
Arena Hospitality 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
Arena Hospitality Period Price Range
Low | December 13, 2024
| High |
0.00 | 0.00 |
Arena Hospitality Group cannot be verified against its exchange. Please verify the symbol is currently traded on Zagreb Stock 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.
Arena Hospitality December 13, 2024 Market Strength
Market strength indicators help investors to evaluate how Arena Hospitality stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Arena Hospitality shares will generate the highest return on investment. By undertsting and applying Arena Hospitality stock market strength indicators, traders can identify Arena Hospitality Group entry and exit signals to maximize returns
Arena Hospitality Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Arena Hospitality's price direction in advance. Along with the technical and fundamental analysis of Arena Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Arena 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 | (0.05) | |||
| Jensen Alpha | (0.09) | |||
| Total Risk Alpha | (0.24) | |||
| Treynor Ratio | (3.12) |
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Additional Tools for Arena Stock Analysis
When running Arena Hospitality's price analysis, check to measure Arena Hospitality'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 Arena Hospitality is operating at the current time. Most of Arena Hospitality's value examination focuses on studying past and present price action to predict the probability of Arena Hospitality's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Arena Hospitality's price. Additionally, you may evaluate how the addition of Arena Hospitality to your portfolios can decrease your overall portfolio volatility.