Asturiana (Spain) Price on August 22, 2024
| ELZ Stock | EUR 0.14 0.02 16.67% |
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 0.14, as last reported on the 20th of January, with the highest price reaching 0.16 and the lowest price hitting 0.12 during the day. Asturiana is out of control given 3 months investment horizon. Asturiana de Laminados secures Sharpe Ratio (or Efficiency) of 0.0862, which signifies that the company had a 0.0862 % return per unit of risk over the last 3 months. We were able to analyze twenty-nine different technical indicators, which can help you to evaluate if expected returns of 1.41% are justified by taking the suggested risk. Use Asturiana Downside Deviation of 8.69, mean deviation of 4.41, and Risk Adjusted Performance of 0.0802 to evaluate company specific risk that cannot be diversified away.
Asturiana Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
Asturiana |
Sharpe Ratio = 0.0862
| Best Portfolio | Best Equity | |||
| Good Returns | ||||
| Average Returns | ELZ | |||
| Small Returns | ||||
| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
| Negative Returns |
Estimated Market Risk
| 16.37 actual daily | 96 96% of assets are less volatile |
Expected Return
| 1.41 actual daily | 28 72% of assets have higher returns |
Risk-Adjusted Return
| 0.09 actual daily | 6 94% of assets perform better |
Based on monthly moving average Asturiana is performing at about 6% 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 Asturiana by adding it to a well-diversified portfolio.
Asturiana Valuation on August 22, 2024
It is possible to determine the worth of Asturiana on a given historical date. On August 22, 2024 Asturiana was worth 0.093 at the beginning of the trading date compared to the closed value of 0.093. 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 | |
| 0.1 | 0.1 | 0.09 | 0.09 | 12,525 | |
08/22/2024 | 0.09 | 0.09 | 0.09 | 0.09 | 1.00 |
| 0.09 | 0.09 | 0.09 | 0.09 | 1.00 |
| Backtest Asturiana | | | Asturiana History | | | Asturiana Valuation | Previous | Next |
Asturiana Trading Date Momentum on August 22, 2024
| On August 23 2024 Asturiana de Laminados was traded for 0.09 at the closing time. The maximum traded price for the trading interval was 0.09 and the lowest daily price was 0.09 . There was no trading activity during the period 1.0. Lack of trading volume on 23rd of August 2024 played a part in the next trading day price growth. The overall trading delta to the next closing price was 0.22% . The overall trading delta to the closing price today is 29.03% . |
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 | January 20, 2025
| 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 January 20, 2025 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 | 0.0802 | |||
| Jensen Alpha | 1.35 | |||
| Total Risk Alpha | 0.9594 | |||
| Sortino Ratio | 0.1512 | |||
| Treynor Ratio | (2.11) |
| 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.
| Share Portfolio Track or share privately all of your investments from the convenience of any device | |
| Fundamentals Comparison Compare fundamentals across multiple equities to find investing opportunities | |
| Money Flow Index Determine momentum by analyzing Money Flow Index and other technical indicators | |
| Pair Correlation Compare performance and examine fundamental relationship between any two equity instruments | |
| AI Portfolio Architect Use AI to generate optimal portfolios and find profitable investment opportunities | |
| Premium Stories Follow Macroaxis premium stories from verified contributors across different equity types, categories and coverage scope | |
| Companies Directory Evaluate performance of over 100,000 Stocks, Funds, and ETFs against different fundamentals | |
| ETFs Find actively traded Exchange Traded Funds (ETF) from around the world | |
| Portfolio Volatility Check portfolio volatility and analyze historical return density to properly model market risk |