ABO GROUP (Germany) Price on November 15, 2024
3T61 Stock | 4.82 0.10 2.12% |
If you're considering investing in ABO Stock, it is important to understand the factors that can impact its price. As of today, the current price of ABO GROUP stands at 4.82, as last reported on the 16th of December 2024, with the highest price reaching 4.82 and the lowest price hitting 4.82 during the day. ABO GROUP ENVIRONMENT secures Sharpe Ratio (or Efficiency) of -0.13, which signifies that the company had a -0.13% return per unit of risk over the last 3 months. ABO GROUP ENVIRONMENT exposes twenty-one different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm ABO GROUP's Variance of 2.18, mean deviation of 1.08, and Coefficient Of Variation of (781.97) to double-check the risk estimate we provide.
ABO Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
ABO |
Sharpe Ratio = -0.1297
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Estimated Market Risk
1.48 actual daily | 13 87% of assets are more volatile |
Expected Return
-0.19 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
-0.13 actual daily | 0 Most of other assets perform better |
Based on monthly moving average ABO GROUP 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 ABO GROUP by adding ABO GROUP to a well-diversified portfolio.
ABO GROUP Valuation on November 15, 2024
It is possible to determine the worth of ABO GROUP on a given historical date. On November 15, 2024 ABO was worth 5.1 at the beginning of the trading date compared to the closed value of 5.1. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of ABO GROUP stock. Still, in general, we apply an absolute valuation method to find ABO GROUP'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 ABO GROUP where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against ABO GROUP's related companies.
Open | High | Low | Close | Volume | |
5.05 | 5.05 | 5.05 | 5.05 | 1.00 | |
11/15/2024 | 5.10 | 5.10 | 5.10 | 5.10 | 1.00 |
5.10 | 5.10 | 5.10 | 5.10 | 1.00 |
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ABO GROUP Trading Date Momentum on November 15, 2024
On November 18 2024 ABO GROUP ENVIRONMENT was traded for 5.10 at the closing time. The maximum traded price for the trading interval was 5.10 and the lowest daily price was 5.10 . There was no trading activity during the period 1.0. Lack of trading volume on 18th of November 2024 did not affect price variability. The overall trading delta to the closing price today is 0.00% . |
Price Boundaries
ABO GROUP Period Price Range
Low | December 16, 2024
| High |
0.00 | 0.00 |
ABO GROUP ENVIRONMENT 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.
ABO GROUP December 16, 2024 Market Strength
Market strength indicators help investors to evaluate how ABO GROUP stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading ABO GROUP shares will generate the highest return on investment. By undertsting and applying ABO GROUP stock market strength indicators, traders can identify ABO GROUP ENVIRONMENT entry and exit signals to maximize returns
ABO GROUP Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for ABO GROUP's price direction in advance. Along with the technical and fundamental analysis of ABO Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of ABO 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 | (0.09) | |||
Jensen Alpha | (0.21) | |||
Total Risk Alpha | (0.38) | |||
Treynor Ratio | (2.02) |
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Volume Indicators |
Complementary Tools for ABO Stock analysis
When running ABO GROUP's price analysis, check to measure ABO GROUP'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 ABO GROUP is operating at the current time. Most of ABO GROUP's value examination focuses on studying past and present price action to predict the probability of ABO GROUP's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move ABO GROUP's price. Additionally, you may evaluate how the addition of ABO GROUP to your portfolios can decrease your overall portfolio volatility.
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