Above Food Ingredients Stock Price on October 18, 2024
| ABVEW Stock | 0.04 0.02 89.05% |
If you're considering investing in Above Stock, it is important to understand the factors that can impact its price. As of today, the current price of Above Food stands at 0.04, as last reported on the 29th of November, with the highest price reaching 0.04 and the lowest price hitting 0.02 during the day. Above Food is out of control given 3 months investment horizon. Above Food Ingredients 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. We were able to analyze and collect data for twenty-nine different technical indicators, which can help you to evaluate if expected returns of 3.3% are justified by taking the suggested risk. Use Above Food Mean Deviation of 17.67, risk adjusted performance of 0.0745, and Downside Deviation of 17.22 to evaluate company specific risk that cannot be diversified away.
At this time, Above Food's Common Stock Shares Outstanding is fairly stable compared to the past year. Other Stockholder Equity is likely to climb to about 94.1 M in 2024, whereas Liabilities And Stockholders Equity is likely to drop slightly above 103.1 M in 2024. . At this time, Above Food's Price Book Value Ratio is fairly stable compared to the past year. Price Earnings To Growth Ratio is likely to climb to 0.0001 in 2024, whereas Price Earnings Ratio is likely to drop (266.1 K) in 2024. Above Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
Above |
Sharpe Ratio = 0.1303
| Best Portfolio | Best Equity | |||
| Good Returns | ABVEW | |||
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| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
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Estimated Market Risk
| 25.31 actual daily | 96 96% of assets are less volatile |
Expected Return
| 3.3 actual daily | 65 65% of assets have lower returns |
Risk-Adjusted Return
| 0.13 actual daily | 10 90% of assets perform better |
Based on monthly moving average Above Food is performing at about 10% 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 Above Food by adding it to a well-diversified portfolio.
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Above Food Valuation on October 18, 2024
It is possible to determine the worth of Above Food on a given historical date. On October 18, 2024 Above was worth 0.0186 at the beginning of the trading date compared to the closed value of 0.0166. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Above Food stock. Still, in general, we apply an absolute valuation method to find Above Food'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 Above Food where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Above Food's related companies.
| Open | High | Low | Close | Volume | |
| 0.02 | 0.04 | 0.01 | 0.02 | 93,325 | |
10/18/2024 | 0.02 | 0.03 | 0.01 | 0.02 | 80,265 |
| 0.02 | 0.04 | 0.01 | 0.02 | 60,442 |
| Backtest Above Food | | | Above Food History | | | Above Food Valuation | Previous | Next |
Above Food Trading Date Momentum on October 18, 2024
| On October 21 2024 Above Food Ingredients was traded for 0.02 at the closing time. The highest daily price throughout the period was 0.04 and the lowest price was 0.01 . The daily volume was 60.4 K. The net trading volume on 10/21/2024 added to the next day price increase. The overall trading delta to closing price of the next trading day was 21.69% . The overall trading delta to current closing price is 20.48% . |
Above Food Ingredients Fundamentals Correlations and Trends
By evaluating Above Food'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 Above Food's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Above financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Above Food Stock history
Above Food 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 Above is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Above Food Ingredients 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 Above Food stock prices may prove useful in developing a viable investing in Above Food
| Last Reported | Projected for Next Year | ||
| Common Stock Shares Outstanding | 8.6 M | 16.3 M |
Above Food Stock Technical Analysis
Above Food 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
Above Food Period Price Range
Low | November 29, 2024
| High |
0.00 | 0.00 |
Above Food Ingredients cannot be verified against its exchange. Please verify the symbol is currently traded on NASDAQ 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.
Above Food November 29, 2024 Market Strength
Market strength indicators help investors to evaluate how Above Food stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Above Food shares will generate the highest return on investment. By undertsting and applying Above Food stock market strength indicators, traders can identify Above Food Ingredients entry and exit signals to maximize returns
Above Food Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Above Food's price direction in advance. Along with the technical and fundamental analysis of Above Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Above 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 | 0.0745 | |||
| Jensen Alpha | 2.21 | |||
| Total Risk Alpha | (1.52) | |||
| Sortino Ratio | 0.1055 | |||
| Treynor Ratio | (0.79) |
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Additional Tools for Above Stock Analysis
When running Above Food's price analysis, check to measure Above Food'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 Above Food is operating at the current time. Most of Above Food's value examination focuses on studying past and present price action to predict the probability of Above Food's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Above Food's price. Additionally, you may evaluate how the addition of Above Food to your portfolios can decrease your overall portfolio volatility.