Avery Dennison (Germany) Price on December 6, 2024
AV3 Stock | EUR 187.00 4.00 2.09% |
If you're considering investing in Avery Stock, it is important to understand the factors that can impact its price. As of today, the current price of Avery Dennison stands at 187.00, as last reported on the 13th of December 2024, with the highest price reaching 187.00 and the lowest price hitting 187.00 during the day. Avery Dennison Corp secures Sharpe Ratio (or Efficiency) of -0.0517, which signifies that the company had a -0.0517% return per unit of standard deviation over the last 3 months. Avery Dennison Corp exposes twenty-one different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm Avery Dennison's mean deviation of 0.9487, and Risk Adjusted Performance of (0.04) to double-check the risk estimate we provide.
Avery Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
Avery |
Sharpe Ratio = -0.0517
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Estimated Market Risk
1.28 actual daily | 11 89% of assets are more volatile |
Expected Return
-0.07 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
-0.05 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Avery Dennison 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 Avery Dennison by adding Avery Dennison to a well-diversified portfolio.
Avery Dennison Valuation on December 6, 2024
It is possible to determine the worth of Avery Dennison on a given historical date. On December 6, 2024 Avery was worth 192.0 at the beginning of the trading date compared to the closed value of 192.0. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Avery Dennison stock. Still, in general, we apply an absolute valuation method to find Avery Dennison'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 Avery Dennison where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Avery Dennison's related companies.
Open | High | Low | Close | Volume | |
193.00 | 193.00 | 193.00 | 193.00 | 1.00 | |
12/06/2024 | 192.00 | 192.00 | 192.00 | 192.00 | 1.00 |
191.00 | 191.00 | 191.00 | 191.00 | 1.00 |
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Avery Dennison Trading Date Momentum on December 6, 2024
On December 09 2024 Avery Dennison Corp was traded for 191.00 at the closing time. The highest daily price throughout the period was 191.00 and the lowest price was 191.00 . There was no trading activity during the period 1.0. Lack of trading volume on 12/09/2024 added to the next day price reduction. The overall trading delta to closing price of the next trading day was 0.52% . The overall trading delta to current closing price is 2.60% . |
Avery Dennison Corp Fundamentals Correlations and Trends
By evaluating Avery Dennison'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 Avery Dennison's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Avery financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Avery Dennison Stock history
Avery Dennison 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 Avery is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Avery Dennison Corp 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 Avery Dennison stock prices may prove useful in developing a viable investing in Avery Dennison
Avery Dennison Corporation manufactures and markets pressure-sensitive materials in the United States, Europe, Asia, Latin America, and internationally. Avery Dennison Corporation was founded in 1935 and is headquartered in Glendale, California. AVERY DENNISON operates under Business Equipment Supplies classification in Germany and is traded on Frankfurt Stock Exchange. It employs 31840 people.
Avery Dennison Stock Technical Analysis
Avery Dennison 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
Avery Dennison Period Price Range
Low | December 13, 2024
| High |
0.00 | 0.00 |
Avery Dennison Corp 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.
Avery Dennison December 13, 2024 Market Strength
Market strength indicators help investors to evaluate how Avery Dennison stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Avery Dennison shares will generate the highest return on investment. By undertsting and applying Avery Dennison stock market strength indicators, traders can identify Avery Dennison Corp entry and exit signals to maximize returns
Avery Dennison Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Avery Dennison's price direction in advance. Along with the technical and fundamental analysis of Avery Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Avery 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 | (0.04) | |||
Jensen Alpha | (0.12) | |||
Total Risk Alpha | (0.26) | |||
Treynor Ratio | (0.24) |
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Complementary Tools for Avery Stock analysis
When running Avery Dennison's price analysis, check to measure Avery Dennison'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 Avery Dennison is operating at the current time. Most of Avery Dennison's value examination focuses on studying past and present price action to predict the probability of Avery Dennison's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Avery Dennison's price. Additionally, you may evaluate how the addition of Avery Dennison to your portfolios can decrease your overall portfolio volatility.
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