Asturiana (Spain) Price on June 28, 2024
ELZ Stock | EUR 0.1 0.00 0.00% |
If you're considering investing in Asturiana Stock, it is important to understand the factors that can impact its price. As of today, the current price of Asturiana stands at 0.1, as last reported on the 30th of November, with the highest price reaching 0.1 and the lowest price hitting 0.1 during the day. Asturiana de Laminados secures Sharpe Ratio (or Efficiency) of -0.0331, which signifies that the company had a -0.0331% return per unit of risk over the last 3 months. Asturiana de Laminados exposes nineteen different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm Asturiana's Risk Adjusted Performance of (0.01), standard deviation of 4.27, and Mean Deviation of 2.44 to double-check the risk estimate we provide.
Asturiana Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
Asturiana |
Sharpe Ratio = -0.0331
Best Portfolio | Best Equity | |||
Good Returns | ||||
Average Returns | ||||
Small Returns | ||||
Cash | Small Risk | Average Risk | High Risk | Huge Risk |
Negative Returns | ELZ |
Estimated Market Risk
4.02 actual daily | 35 65% of assets are more volatile |
Expected Return
-0.13 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 Asturiana 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 Asturiana by adding Asturiana to a well-diversified portfolio.
Asturiana Valuation on June 28, 2024
It is possible to determine the worth of Asturiana on a given historical date. On June 28, 2024 Asturiana was worth 0.12 at the beginning of the trading date compared to the closed value of 0.12. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Asturiana stock. Still, in general, we apply an absolute valuation method to find Asturiana'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 Asturiana where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Asturiana's related companies.
Open | High | Low | Close | Volume | |
0.12 | 0.13 | 0.12 | 0.13 | 34,616 | |
06/28/2024 | 0.12 | 0.12 | 0.12 | 0.12 | 7,820 |
0.12 | 0.13 | 0.11 | 0.13 | 26,230 |
Backtest Asturiana | | | Asturiana History | | | Asturiana Valuation | Previous | Next |
Asturiana Trading Date Momentum on June 28, 2024
On July 01 2024 Asturiana de Laminados was traded for 0.13 at the closing time. The maximum traded price for the trading interval was 0.13 and the lowest daily price was 0.11 . The daily volume was recorded at 26.2 K. The volume of trading on 1st of July 2024 played a part in the next trading day price growth. The overall trading delta to the next closing price was 8.33% . The overall trading delta to the closing price today is 0.00% . |
Asturiana de Laminados Fundamentals Correlations and Trends
By evaluating Asturiana'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 Asturiana's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Asturiana financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Asturiana Stock history
Asturiana 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 Asturiana is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Asturiana de Laminados 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 Asturiana stock prices may prove useful in developing a viable investing in Asturiana
Asturiana De Laminados S.A., trading as elZinc, develops and manufactures rolled zinc strips and sheets for the building industry in Spain and internationally. Asturiana De Laminados S.A. operates as a subsidiary of Laminados del Principado, S.A. ASTURIANA operates under Metal Fabrication classification in Spain and is traded on Madrid SE C.A.T.S.. It employs 109 people.
Asturiana Stock Technical Analysis
Asturiana 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
Asturiana Period Price Range
Low | November 30, 2024
| High |
0.00 | 0.00 |
Asturiana de Laminados 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.
Asturiana November 30, 2024 Market Strength
Market strength indicators help investors to evaluate how Asturiana stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Asturiana shares will generate the highest return on investment. By undertsting and applying Asturiana stock market strength indicators, traders can identify Asturiana de Laminados entry and exit signals to maximize returns
Asturiana Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Asturiana's price direction in advance. Along with the technical and fundamental analysis of Asturiana Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Asturiana 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 | (0.11) | |||
Total Risk Alpha | (0.84) | |||
Treynor Ratio | 0.8803 |
Cycle Indicators | ||
Math Operators | ||
Math Transform | ||
Momentum Indicators | ||
Overlap Studies | ||
Pattern Recognition | ||
Price Transform | ||
Statistic Functions | ||
Volatility Indicators | ||
Volume Indicators |
Complementary Tools for Asturiana Stock analysis
When running Asturiana's price analysis, check to measure Asturiana'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 Asturiana is operating at the current time. Most of Asturiana's value examination focuses on studying past and present price action to predict the probability of Asturiana's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Asturiana's price. Additionally, you may evaluate how the addition of Asturiana to your portfolios can decrease your overall portfolio volatility.
Portfolio Backtesting Avoid under-diversification and over-optimization by backtesting your portfolios | |
Equity Forecasting Use basic forecasting models to generate price predictions and determine price momentum | |
Portfolio Center All portfolio management and optimization tools to improve performance of your portfolios | |
ETF Categories List of ETF categories grouped based on various criteria, such as the investment strategy or type of investments | |
AI Portfolio Architect Use AI to generate optimal portfolios and find profitable investment opportunities | |
Pattern Recognition Use different Pattern Recognition models to time the market across multiple global exchanges | |
Headlines Timeline Stay connected to all market stories and filter out noise. Drill down to analyze hype elasticity | |
Volatility Analysis Get historical volatility and risk analysis based on latest market data | |
Portfolio Diagnostics Use generated alerts and portfolio events aggregator to diagnose current holdings |