Axfood AB (Germany) Price on November 1, 2024

AXL1 Stock  EUR 20.10  0.06  0.30%   
If you're considering investing in Axfood Stock, it is important to understand the factors that can impact its price. As of today, the current price of Axfood AB stands at 20.10, as last reported on the 2nd of December, with the highest price reaching 20.10 and the lowest price hitting 20.10 during the day. At this point, Axfood AB is not too volatile. Axfood AB secures Sharpe Ratio (or Efficiency) of 0.0287, which signifies that the company had a 0.0287% return per unit of standard deviation over the last 3 months. We have found twenty-seven technical indicators for Axfood AB, which you can use to evaluate the volatility of the firm. Please confirm Axfood AB's mean deviation of 1.63, and Risk Adjusted Performance of 0.0335 to double-check if the risk estimate we provide is consistent with the expected return of 0.0959%.
  
Axfood Stock price history is provided at the adjusted basis, taking into account all of the recent filings.

Sharpe Ratio = 0.0287

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Estimated Market Risk

 3.34
  actual daily
29
71% of assets are more volatile

Expected Return

 0.1
  actual daily
1
99% of assets have higher returns

Risk-Adjusted Return

 0.03
  actual daily
2
98% of assets perform better
Based on monthly moving average Axfood AB is performing at about 2% 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 Axfood AB by adding it to a well-diversified portfolio.

Axfood AB Valuation on November 1, 2024

It is possible to determine the worth of Axfood AB on a given historical date. On November 1, 2024 Axfood was worth 20.11 at the beginning of the trading date compared to the closed value of 20.11. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Axfood AB stock. Still, in general, we apply an absolute valuation method to find Axfood AB'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 Axfood AB where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Axfood AB's related companies.
 Open High Low Close Volume
  20.13    20.13    20.13    20.13    100.00  
11/01/2024
  20.11    20.11    20.11    20.11    100.00  
  19.81    19.81    19.81    19.81    1.00  
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Open Value
20.11
20.11
Closing Value
30.13
Upside

Axfood AB Trading Date Momentum on November 1, 2024

On November 04 2024 Axfood AB was traded for  19.81  at the closing time. The maximum traded price for the trading interval was 19.81  and the lowest daily price was  19.81 . There was no trading activity during the period 1.0. Lack of trading volume on 4th of November 2024 played a part in the next trading day price drop. The overall trading delta to the next closing price was 1.49% . The overall trading delta to the closing price today is 0.30% .

Axfood AB Fundamentals Correlations and Trends

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

About Axfood AB Stock history

Axfood AB 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 Axfood is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Axfood AB 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 Axfood AB stock prices may prove useful in developing a viable investing in Axfood AB
Axfood AB engages in the food retail and wholesale businesses in Sweden. The company was founded in 1958 and is headquartered in Stockholm, Sweden. AXFOOD AB is traded on Frankfurt Stock Exchange in Germany.

Axfood AB Stock Technical Analysis

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

Axfood AB Period Price Range

Low
December 2, 2024
0.00  NaN%
High

 0.00 

     

 0.00 

Axfood AB 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.

Axfood AB December 2, 2024 Market Strength

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

Axfood AB Technical and Predictive Indicators

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

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