Andritz AG (Germany) Price on November 29, 2024
| AZ2 Stock | 53.25 0.05 0.09% |
If you're considering investing in Andritz Stock, it is important to understand the factors that can impact its price. As of today, the current price of Andritz AG stands at 53.25, as last reported on the 1st of December, with the highest price reaching 53.85 and the lowest price hitting 53.25 during the day. Andritz AG secures Sharpe Ratio (or Efficiency) of -0.1, which signifies that the company had a -0.1% return per unit of standard deviation over the last 3 months. Andritz AG exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm Andritz AG's risk adjusted performance of (0.07), and Mean Deviation of 0.9235 to double-check the risk estimate we provide.
Andritz Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
Andritz |
Sharpe Ratio = -0.1036
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| Negative Returns | AZ2 |
Estimated Market Risk
| 1.5 actual daily | 13 87% of assets are more volatile |
Expected Return
| -0.16 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| -0.1 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Andritz AG 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 Andritz AG by adding Andritz AG to a well-diversified portfolio.
Andritz AG Valuation on November 29, 2024
It is possible to determine the worth of Andritz AG on a given historical date. On November 29, 2024 Andritz was worth 53.85 at the beginning of the trading date compared to the closed value of 53.25. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Andritz AG stock. Still, in general, we apply an absolute valuation method to find Andritz AG'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 Andritz AG where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Andritz AG's related companies.
| Open | High | Low | Close | Volume | |
| 53.60 | 53.60 | 53.30 | 53.30 | 522.00 | |
11/29/2024 | 53.85 | 53.85 | 53.25 | 53.25 | 36.00 |
| 53.85 | 53.85 | 53.25 | 53.25 | 0.00 |
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Andritz AG Trading Date Momentum on November 29, 2024
| On December 01 2024 Andritz AG was traded for 53.25 at the closing time. The highest price during the trading period was 53.85 and the lowest recorded bid was listed for 53.25 . There was no trading activity during the period 0.0. Lack of trading volume on December 1, 2024 did not affect price variability. The overall trading delta to the current price is 1.13% . |
Andritz AG Fundamentals Correlations and Trends
By evaluating Andritz AG'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 Andritz AG's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Andritz financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Andritz AG Stock history
Andritz AG 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 Andritz is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Andritz AG 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 Andritz AG stock prices may prove useful in developing a viable investing in Andritz AG
Andritz AG Stock Technical Analysis
Andritz AG 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
Andritz AG Period Price Range
Low | December 1, 2024
| High |
0.00 | 0.00 |
Andritz AG cannot be verified against its exchange. Please verify the symbol is currently traded on XETRA Stock 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.
Andritz AG December 1, 2024 Market Strength
Market strength indicators help investors to evaluate how Andritz AG stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Andritz AG shares will generate the highest return on investment. By undertsting and applying Andritz AG stock market strength indicators, traders can identify Andritz AG entry and exit signals to maximize returns
Andritz AG Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Andritz AG's price direction in advance. Along with the technical and fundamental analysis of Andritz Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Andritz 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 | (0.07) | |||
| Jensen Alpha | (0.17) | |||
| Total Risk Alpha | (0.41) | |||
| Treynor Ratio | (3.14) |
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Additional Tools for Andritz Stock Analysis
When running Andritz AG's price analysis, check to measure Andritz AG'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 Andritz AG is operating at the current time. Most of Andritz AG's value examination focuses on studying past and present price action to predict the probability of Andritz AG's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Andritz AG's price. Additionally, you may evaluate how the addition of Andritz AG to your portfolios can decrease your overall portfolio volatility.