Ashtead Gro Stock Price on August 15, 2023

ASHTY Stock  USD 279.00  44.91  13.86%   
If you're considering investing in Ashtead Pink Sheet, it is important to understand the factors that can impact its price. As of today, the current price of Ashtead Gro stands at 279.00, as last reported on the 11th of December 2024, with the highest price reaching 284.15 and the lowest price hitting 277.46 during the day. At this stage we consider Ashtead Pink Sheet to be very steady. Ashtead Gro secures Sharpe Ratio (or Efficiency) of 0.0128, which signifies that the company had a 0.0128% return per unit of standard deviation over the last 3 months. We have found twenty-nine technical indicators for Ashtead Gro, which you can use to evaluate the volatility of the firm. Please confirm Ashtead Gro's risk adjusted performance of 0.015, and Mean Deviation of 1.49 to double-check if the risk estimate we provide is consistent with the expected return of 0.0314%.
  
Ashtead Pink Sheet price history is provided at the adjusted basis, taking into account all of the recent filings.

Sharpe Ratio = 0.0128

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Estimated Market Risk

 2.45
  actual daily
21
79% of assets are more volatile

Expected Return

 0.03
  actual daily
0
Most of other assets have higher returns

Risk-Adjusted Return

 0.01
  actual daily
1
99% of assets perform better
Based on monthly moving average Ashtead Gro is performing at about 1% 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 Ashtead Gro by adding it to a well-diversified portfolio.

Ashtead Gro Valuation on August 15, 2023

It is possible to determine the worth of Ashtead Gro on a given historical date. On August 15, 2023 Ashtead was worth 277.22 at the beginning of the trading date compared to the closed value of 277.22. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Ashtead Gro pink sheet. Still, in general, we apply an absolute valuation method to find Ashtead Gro'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 Ashtead Gro where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Ashtead Gro's related companies.
 Open High Low Close Volume
  280.28    280.28    280.28    280.28    25,370  
08/15/2023
  277.22    277.22    277.22    277.22    3,737  
  278.08    278.08    278.08    278.08    13,022  
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Open Value
277.22
269.86
Downside
277.22
Closing Value
284.58
Upside

Ashtead Gro Trading Date Momentum on August 15, 2023

On August 16 2023 Ashtead Gro was traded for  278.08  at the closing time. The highest daily price throughout the period was 278.08  and the lowest price was  278.08 . The daily volume was 13 K. The net trading volume on 08/16/2023 added to the next day price jump. The overall trading delta to closing price of the next trading day was 0.31% . The overall trading delta to current closing price is 3.98% .

Ashtead Gro Fundamentals Correlations and Trends

By evaluating Ashtead Gro'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 Ashtead Gro's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Ashtead financial account trend analysis is a perfect complement when working with valuation or volatility modules.

About Ashtead Gro Pink Sheet history

Ashtead Gro 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 Ashtead is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Ashtead Gro 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 Ashtead Gro stock prices may prove useful in developing a viable investing in Ashtead Gro
Ashtead Group plc, together with its subsidiaries, engages in the construction, industrial, and general equipment rental business in the United States, the United Kingdom, and Canada. The company was founded in 1947 and is headquartered in London, the United Kingdom. Ashtead Group is traded on OTC Exchange in the United States.

Ashtead Gro Pink Sheet Technical Analysis

Ashtead Gro technical pink sheet 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, pink sheet market cycles, or different charting patterns.
A focus of Ashtead Gro technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of Ashtead Gro trading pattern rather than external drivers such as economic, fundamental, or social events. It is believed that price action tends to repeat itself due to investors' collective, patterned behavior. Hence technical analysis focuses on identifiable price trends and conditions. More Info...

Price Boundaries

Ashtead Gro Period Price Range

Low
December 11, 2024
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High

 0.00 

     

 0.00 

Ashtead Gro cannot be verified against its exchange. Please verify the symbol is currently traded on PINK 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.

Ashtead Gro December 11, 2024 Market Strength

Market strength indicators help investors to evaluate how Ashtead Gro pink sheet reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Ashtead Gro shares will generate the highest return on investment. By undertsting and applying Ashtead Gro pink sheet market strength indicators, traders can identify Ashtead Gro entry and exit signals to maximize returns

Ashtead Gro Technical and Predictive Indicators

Predictive indicators are helping investors to find signals for Ashtead Gro's price direction in advance. Along with the technical and fundamental analysis of Ashtead Pink Sheet historical price patterns, it is also worthwhile for investors to track various predictive indicators of Ashtead 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.

Additional Tools for Ashtead Pink Sheet Analysis

When running Ashtead Gro's price analysis, check to measure Ashtead Gro'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 Ashtead Gro is operating at the current time. Most of Ashtead Gro's value examination focuses on studying past and present price action to predict the probability of Ashtead Gro's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Ashtead Gro's price. Additionally, you may evaluate how the addition of Ashtead Gro to your portfolios can decrease your overall portfolio volatility.