A1LK34 (Brazil) Price on October 21, 2024
| A1LK34 Stock | BRL 414.40 73.74 21.65% |
If you're considering investing in A1LK34 Stock, it is important to understand the factors that can impact its price. As of today, the current price of A1LK34 stands at 414.40, as last reported on the 25th of December, with the highest price reaching 415.20 and the lowest price hitting 414.33 during the day. A1LK34 is very steady given 3 months investment horizon. A1LK34 secures Sharpe Ratio (or Efficiency) of 0.25, which signifies that the company had a 0.25% return per unit of return volatility over the last 3 months. We were able to break down and interpolate twenty-three different technical indicators, which can help you to evaluate if expected returns of 1.07% are justified by taking the suggested risk. Use A1LK34 Mean Deviation of 1.83, standard deviation of 4.23, and Variance of 17.89 to evaluate company specific risk that cannot be diversified away.
A1LK34 Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
A1LK34 |
Sharpe Ratio = 0.246
| Best Portfolio | Best Equity | |||
| Good Returns | ||||
| Average Returns | ||||
| Small Returns | A1LK34 | |||
| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
| Negative Returns |
Estimated Market Risk
| 4.36 actual daily | 38 62% of assets are more volatile |
Expected Return
| 1.07 actual daily | 21 79% of assets have higher returns |
Risk-Adjusted Return
| 0.25 actual daily | 19 81% of assets perform better |
Based on monthly moving average A1LK34 is performing at about 19% 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 A1LK34 by adding it to a well-diversified portfolio.
A1LK34 Valuation on October 21, 2024
It is possible to determine the worth of A1LK34 on a given historical date. On October 21, 2024 A1LK34 was worth 250.0 at the beginning of the trading date compared to the closed value of 250.0. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of A1LK34 stock. Still, in general, we apply an absolute valuation method to find A1LK34'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 A1LK34 where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against A1LK34's related companies.
| Open | High | Low | Close | Volume | |
| 250.00 | 250.00 | 250.00 | 250.00 | 1.00 | |
10/21/2024 | 250.00 | 250.00 | 250.00 | 250.00 | 1.00 |
| 250.00 | 250.00 | 250.00 | 250.00 | 1.00 |
| Backtest A1LK34 | | | A1LK34 History | | | A1LK34 Valuation | Previous | Next |
A1LK34 Trading Date Momentum on October 21, 2024
| On October 22 2024 A1LK34 was traded for 250.00 at the closing time. The highest price during the trading period was 250.00 and the lowest recorded bid was listed for 250.00 . There was no trading activity during the period 1.0. Lack of trading volume on October 22, 2024 did not affect price variability. The overall trading delta to the current price is 3.79% . |
A1LK34 Fundamentals Correlations and Trends
By evaluating A1LK34'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 A1LK34's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. A1LK34 financial account trend analysis is a perfect complement when working with valuation or volatility modules.About A1LK34 Stock history
A1LK34 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 A1LK34 is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in A1LK34 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 A1LK34 stock prices may prove useful in developing a viable investing in A1LK34
Alaska Air Group, Inc., through its subsidiaries, provides passenger and cargo air transportation services. The company was founded in 1932 and is based in Seattle, Washington. ALASKA AIR operates under Airlines classification in Brazil and is traded on Sao Paolo Stock Exchange. It employs 17140 people.
A1LK34 Stock Technical Analysis
A1LK34 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
A1LK34 Period Price Range
Low | December 25, 2024
| High |
0.00 | 0.00 |
A1LK34 cannot be verified against its exchange. Please verify the symbol is currently traded on Sao Paulo 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.
A1LK34 December 25, 2024 Market Strength
Market strength indicators help investors to evaluate how A1LK34 stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading A1LK34 shares will generate the highest return on investment. By undertsting and applying A1LK34 stock market strength indicators, traders can identify A1LK34 entry and exit signals to maximize returns
A1LK34 Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for A1LK34's price direction in advance. Along with the technical and fundamental analysis of A1LK34 Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of A1LK34 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 | 0.1985 | |||
| Jensen Alpha | 0.9793 | |||
| Total Risk Alpha | 0.8133 | |||
| Treynor Ratio | 1.96 |
| Cycle Indicators | ||
| Math Operators | ||
| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
Complementary Tools for A1LK34 Stock analysis
When running A1LK34's price analysis, check to measure A1LK34'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 A1LK34 is operating at the current time. Most of A1LK34's value examination focuses on studying past and present price action to predict the probability of A1LK34's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move A1LK34's price. Additionally, you may evaluate how the addition of A1LK34 to your portfolios can decrease your overall portfolio volatility.
| Portfolio Backtesting Avoid under-diversification and over-optimization by backtesting your portfolios | |
| Portfolio Volatility Check portfolio volatility and analyze historical return density to properly model market risk | |
| Portfolio Anywhere Track or share privately all of your investments from the convenience of any device | |
| Money Managers Screen money managers from public funds and ETFs managed around the world | |
| Commodity Directory Find actively traded commodities issued by global exchanges | |
| Insider Screener Find insiders across different sectors to evaluate their impact on performance | |
| USA ETFs Find actively traded Exchange Traded Funds (ETF) in USA | |
| Watchlist Optimization Optimize watchlists to build efficient portfolios or rebalance existing positions based on the mean-variance optimization algorithm | |
| Theme Ratings Determine theme ratings based on digital equity recommendations. Macroaxis theme ratings are based on combination of fundamental analysis and risk-adjusted market performance |