Avioane Craiova (Romania) Price on September 3, 2024
| AVIO Stock | 2.38 0.02 0.83% |
If you're considering investing in Avioane Stock, it is important to understand the factors that can impact its price. As of today, the current price of Avioane Craiova stands at 2.38, as last reported on the 27th of November, with the highest price reaching 2.40 and the lowest price hitting 2.20 during the day. Avioane Craiova SA secures Sharpe Ratio (or Efficiency) of -0.18, which signifies that the company had a -0.18% return per unit of risk over the last 3 months. Avioane Craiova SA exposes twenty-two different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm Avioane Craiova's Mean Deviation of 1.77, standard deviation of 2.55, and Risk Adjusted Performance of (0.15) to double-check the risk estimate we provide.
Avioane Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
Avioane |
Sharpe Ratio = -0.1755
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Estimated Market Risk
| 2.56 actual daily | 22 78% of assets are more volatile |
Expected Return
| -0.45 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| -0.18 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Avioane Craiova 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 Avioane Craiova by adding Avioane Craiova to a well-diversified portfolio.
Avioane Craiova Valuation on September 3, 2024
It is possible to determine the worth of Avioane Craiova on a given historical date. On September 3, 2024 Avioane was worth 3.3 at the beginning of the trading date compared to the closed value of 3.18. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Avioane Craiova stock. Still, in general, we apply an absolute valuation method to find Avioane Craiova'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 Avioane Craiova where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Avioane Craiova's related companies.
| Open | High | Low | Close | Volume | |
| 3.24 | 3.40 | 3.16 | 3.34 | 18,457 | |
09/03/2024 | 3.30 | 3.40 | 3.00 | 3.18 | 23,968 |
| 3.16 | 3.24 | 3.16 | 3.24 | 595.00 |
| Backtest Avioane Craiova | | | Avioane Craiova History | Previous | Next |
Avioane Craiova Trading Date Momentum on September 3, 2024
| On September 04 2024 Avioane Craiova SA was traded for 3.24 at the closing time. The highest price during the trading period was 3.24 and the lowest recorded bid was listed for 3.16 . The volume for the day was 595. This history from September 4, 2024 contributed to the next trading day price boost. The overall trading delta to the next closing price was 1.89% . The overall trading delta to the current price is 3.14% . |
Price Boundaries
Avioane Craiova Period Price Range
Low | November 27, 2024
| High |
0.00 | 0.00 |
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Avioane Craiova November 27, 2024 Market Strength
Market strength indicators help investors to evaluate how Avioane Craiova stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Avioane Craiova shares will generate the highest return on investment. By undertsting and applying Avioane Craiova stock market strength indicators, traders can identify Avioane Craiova SA entry and exit signals to maximize returns
Avioane Craiova Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Avioane Craiova's price direction in advance. Along with the technical and fundamental analysis of Avioane Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Avioane 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.