BANK OF AFRICA (Morocco) Price on December 3, 2024
| BANK-OF-AFRICA | 194.00 0.40 0.21% |
If you're considering investing in BANK Stock, it is important to understand the factors that can impact its price. As of today, the current price of BANK OF AFRICA stands at 194.00, as last reported on the 11th of December 2024, with the highest price reaching 194.35 and the lowest price hitting 194.00 during the day. At this point, BANK OF AFRICA is very steady. BANK OF AFRICA secures Sharpe Ratio (or Efficiency) of 0.0141, which signifies that the company had a 0.0141% return per unit of risk over the last 3 months. We have found twenty-nine technical indicators for BANK OF AFRICA, which you can use to evaluate the volatility of the entity. Please confirm BANK OF AFRICA's Coefficient Of Variation of 4486.41, mean deviation of 0.6365, and Semi Deviation of 0.7842 to double-check if the risk estimate we provide is consistent with the expected return of 0.0124%.
BANK Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
BANK |
Sharpe Ratio = 0.0141
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| Negative Returns | BANK-OF-AFRICA |
Estimated Market Risk
| 0.88 actual daily | 7 93% of assets are more volatile |
Expected Return
| 0.01 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| 0.01 actual daily | 1 99% of assets perform better |
Based on monthly moving average BANK OF AFRICA is performing at about 1% 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 BANK OF AFRICA by adding it to a well-diversified portfolio.
BANK OF AFRICA Valuation on December 3, 2024
It is possible to determine the worth of BANK OF AFRICA on a given historical date. On December 3, 2024 BANK was worth 194.5 at the beginning of the trading date compared to the closed value of 197.0. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of BANK OF AFRICA stock. Still, in general, we apply an absolute valuation method to find BANK OF AFRICA'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 BANK OF AFRICA where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against BANK OF AFRICA's related companies.
| Open | High | Low | Close | Volume | |
| 197.90 | 197.90 | 194.50 | 194.50 | 10,250 | |
12/03/2024 | 194.50 | 197.00 | 194.50 | 197.00 | 1,361 |
| 197.00 | 197.00 | 194.10 | 194.30 | 209.00 |
| Backtest BANK OF AFRICA | | | BANK OF AFRICA History | Previous | Next |
BANK OF AFRICA Trading Date Momentum on December 3, 2024
| On December 04 2024 BANK OF AFRICA was traded for 194.30 at the closing time. The highest price during the trading period was 197.00 and the lowest recorded bid was listed for 194.10 . The volume for the day was 209. This history from December 4, 2024 contributed to the next trading day price decline. The overall trading delta to the next closing price was 1.37% . The overall trading delta to the current price is 1.35% . |
Price Boundaries
BANK OF AFRICA Period Price Range
Low | December 11, 2024
| High |
0.00 | 0.00 |
BANK OF AFRICA cannot be verified against its exchange. Please verify the symbol is currently traded on Casablanca 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.
BANK OF AFRICA December 11, 2024 Market Strength
Market strength indicators help investors to evaluate how BANK OF AFRICA stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading BANK OF AFRICA shares will generate the highest return on investment. By undertsting and applying BANK OF AFRICA stock market strength indicators, traders can identify BANK OF AFRICA entry and exit signals to maximize returns
BANK OF AFRICA Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for BANK OF AFRICA's price direction in advance. Along with the technical and fundamental analysis of BANK Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of BANK 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 | 0.0178 | |||
| Jensen Alpha | 0.0112 | |||
| Total Risk Alpha | (0.13) | |||
| Sortino Ratio | (0.10) | |||
| Treynor Ratio | (0.62) |
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Complementary Tools for BANK Stock analysis
When running BANK OF AFRICA's price analysis, check to measure BANK OF AFRICA'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 BANK OF AFRICA is operating at the current time. Most of BANK OF AFRICA's value examination focuses on studying past and present price action to predict the probability of BANK OF AFRICA's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move BANK OF AFRICA's price. Additionally, you may evaluate how the addition of BANK OF AFRICA to your portfolios can decrease your overall portfolio volatility.
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