Azelis Group (Belgium) Price on September 20, 2023
| AZE Stock | 18.02 0.03 0.17% |
If you're considering investing in Azelis Stock, it is important to understand the factors that can impact its price. As of today, the current price of Azelis Group stands at 18.02, as last reported on the 25th of November, with the highest price reaching 18.37 and the lowest price hitting 17.95 during the day. Azelis Group NV secures Sharpe Ratio (or Efficiency) of -0.0269, which signifies that the company had a -0.0269% return per unit of standard deviation over the last 3 months. Azelis Group NV exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm Azelis Group's risk adjusted performance of (0.01), and Mean Deviation of 1.31 to double-check the risk estimate we provide.
Azelis Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
Azelis |
Sharpe Ratio = -0.0269
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| Negative Returns | AZE |
Estimated Market Risk
| 1.82 actual daily | 16 84% of assets are more volatile |
Expected Return
| -0.05 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| -0.03 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Azelis Group 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 Azelis Group by adding Azelis Group to a well-diversified portfolio.
Azelis Group Valuation on September 20, 2023
It is possible to determine the worth of Azelis Group on a given historical date. On September 20, 2023 Azelis was worth 18.22 at the beginning of the trading date compared to the closed value of 18.07. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Azelis Group stock. Still, in general, we apply an absolute valuation method to find Azelis Group'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 Azelis Group where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Azelis Group's related companies.
| Open | High | Low | Close | Volume | |
| 17.98 | 18.17 | 17.77 | 17.86 | 106,665 | |
09/20/2023 | 18.22 | 18.33 | 17.90 | 18.07 | 75,187 |
| 18.02 | 18.02 | 17.40 | 17.47 | 123,031 |
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Azelis Group Trading Date Momentum on September 20, 2023
| On September 21 2023 Azelis Group NV was traded for 17.47 at the closing time. The maximum traded price for the trading interval was 18.02 and the lowest daily price was 17.40 . The daily volume was recorded at 123 K. The volume of trading on 21st of September 2023 played a part in the next trading day price drop. The overall trading delta to the next closing price was 3.32% . The overall trading delta to the closing price today is 1.49% . |
Azelis Group NV Fundamentals Correlations and Trends
By evaluating Azelis Group'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 Azelis Group's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Azelis financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Azelis Group Stock history
Azelis Group 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 Azelis is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Azelis Group NV 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 Azelis Group stock prices may prove useful in developing a viable investing in Azelis Group
Azelis Group Stock Technical Analysis
Azelis Group 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
Azelis Group Period Price Range
Low | November 25, 2024
| High |
0.00 | 0.00 |
Azelis Group NV cannot be verified against its exchange. Please verify the symbol is currently traded on Euronext Brussels. 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.
Azelis Group November 25, 2024 Market Strength
Market strength indicators help investors to evaluate how Azelis Group stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Azelis Group shares will generate the highest return on investment. By undertsting and applying Azelis Group stock market strength indicators, traders can identify Azelis Group NV entry and exit signals to maximize returns
Azelis Group Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Azelis Group's price direction in advance. Along with the technical and fundamental analysis of Azelis Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Azelis 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 | (0.01) | |||
| Jensen Alpha | (0.09) | |||
| Total Risk Alpha | (0.33) | |||
| Treynor Ratio | (0.11) |
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Additional Tools for Azelis Stock Analysis
When running Azelis Group's price analysis, check to measure Azelis Group'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 Azelis Group is operating at the current time. Most of Azelis Group's value examination focuses on studying past and present price action to predict the probability of Azelis Group's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Azelis Group's price. Additionally, you may evaluate how the addition of Azelis Group to your portfolios can decrease your overall portfolio volatility.