ALERION CLEANPOWER (Germany) Price on November 3, 2023
FCW3 Stock | EUR 15.84 0.48 2.94% |
If you're considering investing in ALERION Stock, it is important to understand the factors that can impact its price. As of today, the current price of ALERION CLEANPOWER stands at 15.84, as last reported on the 26th of November, with the highest price reaching 15.84 and the lowest price hitting 15.84 during the day. ALERION CLEANPOWER secures Sharpe Ratio (or Efficiency) of -0.0261, which signifies that the company had a -0.0261% return per unit of risk over the last 3 months. ALERION CLEANPOWER exposes twenty-seven different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm ALERION CLEANPOWER's Downside Deviation of 2.42, risk adjusted performance of 0.0116, and Mean Deviation of 1.85 to double-check the risk estimate we provide.
ALERION Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
ALERION |
Sharpe Ratio = -0.0261
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Estimated Market Risk
2.58 actual daily | 22 78% of assets are more volatile |
Expected Return
-0.07 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 ALERION CLEANPOWER 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 ALERION CLEANPOWER by adding ALERION CLEANPOWER to a well-diversified portfolio.
ALERION CLEANPOWER Valuation on November 3, 2023
It is possible to determine the worth of ALERION CLEANPOWER on a given historical date. On November 3, 2023 ALERION was worth 22.53 at the beginning of the trading date compared to the closed value of 22.87. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of ALERION CLEANPOWER stock. Still, in general, we apply an absolute valuation method to find ALERION CLEANPOWER'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 ALERION CLEANPOWER where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against ALERION CLEANPOWER's related companies.
Open | High | Low | Close | Volume | |
22.05 | 22.14 | 21.95 | 22.14 | 1.00 | |
11/03/2023 | 22.53 | 22.87 | 22.53 | 22.87 | 1.00 |
22.72 | 22.72 | 22.72 | 22.72 | 1.00 |
Backtest ALERION CLEANPOWER | | | ALERION CLEANPOWER History | | | ALERION CLEANPOWER Valuation | Previous | Next |
ALERION CLEANPOWER Trading Date Momentum on November 3, 2023
On November 06 2023 ALERION CLEANPOWER was traded for 22.72 at the closing time. The maximum traded price for the trading interval was 22.72 and the lowest daily price was 22.72 . There was no trading activity during the period 1.0. Lack of trading volume on 6th of November 2023 played a part in the next trading day price drop. The overall trading delta to the next closing price was 0.66% . The overall trading delta to the closing price today is 4.02% . |
ALERION CLEANPOWER Fundamentals Correlations and Trends
By evaluating ALERION CLEANPOWER'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 ALERION CLEANPOWER's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. ALERION financial account trend analysis is a perfect complement when working with valuation or volatility modules.About ALERION CLEANPOWER Stock history
ALERION CLEANPOWER 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 ALERION is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in ALERION CLEANPOWER 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 ALERION CLEANPOWER stock prices may prove useful in developing a viable investing in ALERION CLEANPOWER
ALERION CLEANPOWER Stock Technical Analysis
ALERION CLEANPOWER 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
ALERION CLEANPOWER Period Price Range
Low | November 26, 2024
| High |
0.00 | 0.00 |
ALERION CLEANPOWER cannot be verified against its exchange. Please verify the symbol is currently traded on Frankfurt 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.
ALERION CLEANPOWER November 26, 2024 Market Strength
Market strength indicators help investors to evaluate how ALERION CLEANPOWER stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading ALERION CLEANPOWER shares will generate the highest return on investment. By undertsting and applying ALERION CLEANPOWER stock market strength indicators, traders can identify ALERION CLEANPOWER entry and exit signals to maximize returns
ALERION CLEANPOWER Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for ALERION CLEANPOWER's price direction in advance. Along with the technical and fundamental analysis of ALERION Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of ALERION 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 | 0.0116 | |||
Jensen Alpha | 0.0593 | |||
Total Risk Alpha | (0.40) | |||
Sortino Ratio | (0.05) | |||
Treynor Ratio | (0.01) |
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Volume Indicators |
Complementary Tools for ALERION Stock analysis
When running ALERION CLEANPOWER's price analysis, check to measure ALERION CLEANPOWER'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 ALERION CLEANPOWER is operating at the current time. Most of ALERION CLEANPOWER's value examination focuses on studying past and present price action to predict the probability of ALERION CLEANPOWER's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move ALERION CLEANPOWER's price. Additionally, you may evaluate how the addition of ALERION CLEANPOWER to your portfolios can decrease your overall portfolio volatility.
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