ASX (Germany) Price on November 30, 2023

AUX Stock  EUR 38.60  0.20  0.52%   
If you're considering investing in ASX Stock, it is important to understand the factors that can impact its price. As of today, the current price of ASX stands at 38.60, as last reported on the 7th of January, with the highest price reaching 38.60 and the lowest price hitting 38.60 during the day. ASX Limited secures Sharpe Ratio (or Efficiency) of -0.0396, which signifies that the company had a -0.0396% return per unit of volatility over the last 3 months. ASX Limited exposes twenty-seven different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm ASX's risk adjusted performance of 0.0091, and Mean Deviation of 0.9713 to double-check the risk estimate we provide.
  
ASX Stock price history is provided at the adjusted basis, taking into account all of the recent filings.

Sharpe Ratio = -0.0396

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Estimated Market Risk

 1.31
  actual daily
11
89% of assets are more volatile

Expected Return

 -0.05
  actual daily
0
Most of other assets have higher returns

Risk-Adjusted Return

 -0.04
  actual daily
0
Most of other assets perform better
Based on monthly moving average ASX 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 ASX by adding ASX to a well-diversified portfolio.

ASX Valuation on November 30, 2023

It is possible to determine the worth of ASX on a given historical date. On November 30, 2023 ASX was worth 32.55 at the beginning of the trading date compared to the closed value of 32.55. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of ASX stock. Still, in general, we apply an absolute valuation method to find ASX'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 ASX where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against ASX's related companies.
 Open High Low Close Volume
  32.55    32.55    32.55    32.55    1.00  
11/30/2023
  32.55    32.55    32.55    32.55    1.00  
  32.55    32.55    32.55    32.55    1.00  
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Open Value
32.55
32.55
Closing Value
36.48
Upside

ASX Trading Date Momentum on November 30, 2023

On December 01 2023 ASX Limited was traded for  32.55  at the closing time. The highest daily price throughout the period was 32.55  and the lowest price was  32.55 . There was no trading activity during the period 1.0. Lack of trading volume on 12/01/2023 did not affect price variability. The overall trading delta to current closing price is 3.50% .

ASX Limited Fundamentals Correlations and Trends

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

About ASX Stock history

ASX 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 ASX is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in ASX Limited 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 ASX stock prices may prove useful in developing a viable investing in ASX
ASX Limited, a multi-asset class and integrated exchange group, provides listings, trading, clearing, settlement, registry, and information and technical services in Australia and internationally. ASX Limited was founded in 1987 and is based in Sydney, Australia. ASX LTD operates under Financial Exchanges classification in Germany and is traded on Frankfurt Stock Exchange. It employs 632 people.

ASX Stock Technical Analysis

ASX 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.
A focus of ASX technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of ASX 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

ASX Period Price Range

Low
January 7, 2025
0.00  NaN%
High

 0.00 

     

 0.00 

ASX Limited cannot be verified against its exchange. Please verify the symbol is currently traded on Frankfurt 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.

ASX January 7, 2025 Market Strength

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

ASX Technical and Predictive Indicators

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

Complementary Tools for ASX Stock analysis

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