Asiabest Group (Philippines) Price on November 25, 2024
| ABG Stock | 26.20 5.20 24.76% |
If you're considering investing in Asiabest Stock, it is important to understand the factors that can impact its price. As of today, the current price of Asiabest Group stands at 26.20, as last reported on the 24th of December, with the highest price reaching 26.20 and the lowest price hitting 21.00 during the day. Asiabest Group is somewhat reliable given 3 months investment horizon. Asiabest Group Inter secures Sharpe Ratio (or Efficiency) of 0.54, which signifies that the company had a 0.54% return per unit of risk over the last 3 months. We were able to analyze and collect data for twenty-nine different technical indicators, which can help you to evaluate if expected returns of 3.73% are justified by taking the suggested risk. Use Asiabest Group Mean Deviation of 5.22, risk adjusted performance of 0.3216, and Downside Deviation of 4.02 to evaluate company specific risk that cannot be diversified away.
Asiabest Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
Asiabest |
Sharpe Ratio = 0.5372
| Best Portfolio | Best Equity | |||
| Good Returns | ABG | |||
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| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
| Negative Returns |
Estimated Market Risk
| 6.94 actual daily | 61 61% of assets are less volatile |
Expected Return
| 3.73 actual daily | 74 74% of assets have lower returns |
Risk-Adjusted Return
| 0.54 actual daily | 42 58% of assets perform better |
Based on monthly moving average Asiabest Group is performing at about 42% 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 Asiabest Group by adding it to a well-diversified portfolio.
Asiabest Group Valuation on November 25, 2024
It is possible to determine the worth of Asiabest Group on a given historical date. On November 25, 2024 Asiabest was worth 19.0 at the beginning of the trading date compared to the closed value of 18.78. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Asiabest Group stock. Still, in general, we apply an absolute valuation method to find Asiabest 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 Asiabest Group where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Asiabest Group's related companies.
| Open | High | Low | Close | Volume | |
| 19.52 | 19.92 | 18.22 | 19.00 | 268,400 | |
11/25/2024 | 19.00 | 19.50 | 18.50 | 18.78 | 104,400 |
| 18.76 | 19.12 | 18.30 | 18.98 | 263,200 |
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Asiabest Group Trading Date Momentum on November 25, 2024
| On November 26 2024 Asiabest Group International was traded for 18.98 at the closing time. The highest price during the trading period was 19.12 and the lowest recorded bid was listed for 18.30 . The volume for the day was 263.2 K. This history from November 26, 2024 contributed to the next trading day price growth. The overall trading delta to the next closing price was 1.06% . The overall trading delta to the current price is 41.64% . |
Asiabest Group Inter Fundamentals Correlations and Trends
By evaluating Asiabest Group'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 Asiabest Group's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Asiabest financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Asiabest Group Stock history
Asiabest Group 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 Asiabest is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Asiabest Group Inter 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 Asiabest Group stock prices may prove useful in developing a viable investing in Asiabest Group
Asiabest Group Stock Technical Analysis
Asiabest Group 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
Asiabest Group Period Price Range
Low | December 24, 2024
| High |
0.00 | 0.00 |
Asiabest Group International cannot be verified against its exchange. Please verify the symbol is currently traded on Philippine Stock 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.
Asiabest Group December 24, 2024 Market Strength
Market strength indicators help investors to evaluate how Asiabest 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 Asiabest Group shares will generate the highest return on investment. By undertsting and applying Asiabest Group stock market strength indicators, traders can identify Asiabest Group International entry and exit signals to maximize returns
Asiabest Group Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Asiabest Group's price direction in advance. Along with the technical and fundamental analysis of Asiabest Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Asiabest 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 | 0.3216 | |||
| Jensen Alpha | 2.64 | |||
| Total Risk Alpha | 2.45 | |||
| Sortino Ratio | 0.6539 | |||
| Treynor Ratio | 4.56 |
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| Math Transform | ||
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| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
Complementary Tools for Asiabest Stock analysis
When running Asiabest Group's price analysis, check to measure Asiabest 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 Asiabest Group is operating at the current time. Most of Asiabest Group's value examination focuses on studying past and present price action to predict the probability of Asiabest 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 Asiabest Group's price. Additionally, you may evaluate how the addition of Asiabest Group to your portfolios can decrease your overall portfolio volatility.
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