Azkoyen (Spain) Price on May 14, 2024
AZK Stock | EUR 6.20 0.04 0.65% |
If you're considering investing in Azkoyen Stock, it is important to understand the factors that can impact its price. As of today, the current price of Azkoyen stands at 6.20, as last reported on the 3rd of December, with the highest price reaching 6.20 and the lowest price hitting 6.16 during the day. Azkoyen secures Sharpe Ratio (or Efficiency) of -0.0267, which signifies that the company had a -0.0267% return per unit of risk over the last 3 months. Azkoyen exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm Azkoyen's Standard Deviation of 1.07, mean deviation of 0.7754, and Risk Adjusted Performance of (0.01) to double-check the risk estimate we provide.
Azkoyen Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
Azkoyen |
Sharpe Ratio = -0.0267
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Estimated Market Risk
1.07 actual daily | 9 91% of assets are more volatile |
Expected Return
-0.03 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 Azkoyen 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 Azkoyen by adding Azkoyen to a well-diversified portfolio.
Azkoyen Valuation on May 14, 2024
It is possible to determine the worth of Azkoyen on a given historical date. On May 14, 2024 Azkoyen was worth 6.09 at the beginning of the trading date compared to the closed value of 6.15. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Azkoyen stock. Still, in general, we apply an absolute valuation method to find Azkoyen'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 Azkoyen where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Azkoyen's related companies.
Open | High | Low | Close | Volume | |
5.90 | 6.09 | 5.88 | 6.09 | 45,672 | |
05/14/2024 | 6.09 | 6.15 | 5.97 | 6.15 | 44,429 |
6.16 | 6.16 | 6.07 | 6.11 | 3,324 |
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Azkoyen Trading Date Momentum on May 14, 2024
On May 15 2024 Azkoyen was traded for 6.11 at the closing time. The maximum traded price for the trading interval was 6.16 and the lowest daily price was 6.07 . The daily volume was recorded at 3.3 K. The volume of trading on 15th of May 2024 played a part in the next trading day price drop. The overall trading delta to the next closing price was 0.65% . The overall trading delta to the closing price today is 1.14% . |
Azkoyen Fundamentals Correlations and Trends
By evaluating Azkoyen'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 Azkoyen's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Azkoyen financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Azkoyen Stock history
Azkoyen 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 Azkoyen is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Azkoyen 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 Azkoyen stock prices may prove useful in developing a viable investing in Azkoyen
Azkoyen, S.A. designs, manufactures, and sells technological solutions in Spain and internationally. Azkoyen, S.A. was founded in 1945 and is based in Peralta, Spain. Azkoyen S operates under Business Equipment classification in Spain and is traded on Madrid SE C.A.T.S.. It employs 807 people.
Azkoyen Stock Technical Analysis
Azkoyen 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
Azkoyen Period Price Range
Low | December 3, 2024
| High |
0.00 | 0.00 |
Azkoyen cannot be verified against its exchange. Please verify the symbol is currently traded on Madrid 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.
Azkoyen December 3, 2024 Market Strength
Market strength indicators help investors to evaluate how Azkoyen stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Azkoyen shares will generate the highest return on investment. By undertsting and applying Azkoyen stock market strength indicators, traders can identify Azkoyen entry and exit signals to maximize returns
Azkoyen Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Azkoyen's price direction in advance. Along with the technical and fundamental analysis of Azkoyen Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Azkoyen 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 | (0.06) | |||
Total Risk Alpha | (0.19) | |||
Treynor Ratio | (0.14) |
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Volume Indicators |
Complementary Tools for Azkoyen Stock analysis
When running Azkoyen's price analysis, check to measure Azkoyen'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 Azkoyen is operating at the current time. Most of Azkoyen's value examination focuses on studying past and present price action to predict the probability of Azkoyen's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Azkoyen's price. Additionally, you may evaluate how the addition of Azkoyen to your portfolios can decrease your overall portfolio volatility.
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