Asahi Group (Germany) Price on August 18, 2023
ABW Stock | EUR 10.72 0.11 1.39% |
If you're considering investing in Asahi Stock, it is important to understand the factors that can impact its price. As of today, the current price of Asahi Group stands at 10.19, as last reported on the 30th of December, with the highest price reaching 10.19 and the lowest price hitting 10.03 during the day. Asahi Group Holdings secures Sharpe Ratio (or Efficiency) of -0.0725, which signifies that the company had a -0.0725% return per unit of standard deviation over the last 3 months. Asahi Group Holdings exposes twenty-four different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm Asahi Group's mean deviation of 1.47, and Risk Adjusted Performance of (0.05) to double-check the risk estimate we provide.
Asahi Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
Asahi |
Sharpe Ratio = -0.0725
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Estimated Market Risk
2.05 actual daily | 18 82% of assets are more volatile |
Expected Return
-0.15 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
-0.07 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Asahi 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 Asahi Group by adding Asahi Group to a well-diversified portfolio.
Asahi Group Valuation on August 18, 2023
It is possible to determine the worth of Asahi Group on a given historical date. On August 18, 2023 Asahi was worth 11.15 at the beginning of the trading date compared to the closed value of 11.16. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Asahi Group stock. Still, in general, we apply an absolute valuation method to find Asahi 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 Asahi Group where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Asahi Group's related companies.
Open | High | Low | Close | Volume | |
11.36 | 11.47 | 11.36 | 11.36 | 40.00 | |
08/18/2023 | 11.15 | 11.16 | 11.15 | 11.16 | 6.00 |
11.08 | 11.08 | 11.08 | 11.08 | 40.00 |
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Asahi Group Trading Date Momentum on August 18, 2023
On August 21 2023 Asahi Group Holdings was traded for 11.08 at the closing time. The highest daily price throughout the period was 11.08 and the lowest price was 11.08 . The daily volume was 40.0. The net trading volume on 08/21/2023 added to the next day price reduction. The overall trading delta to closing price of the next trading day was 0.72% . The overall trading delta to current closing price is 4.12% . |
Asahi Group Holdings Fundamentals Correlations and Trends
By evaluating Asahi 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 Asahi Group's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Asahi financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Asahi Group Stock history
Asahi 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 Asahi is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Asahi Group Holdings 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 Asahi Group stock prices may prove useful in developing a viable investing in Asahi Group
Asahi Group Holdings, Ltd. manufactures and sells alcoholic beverages, soft drinks, and food products in Japan and internationally. Asahi Group Holdings, Ltd. was founded in 1889 and is based in Tokyo, Japan. ASAHI GROUP operates under Beverages - Brewers classification in Germany and is traded on Frankfurt Stock Exchange. It employs 28055 people.
Asahi Group Stock Technical Analysis
Asahi 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
Asahi Group Period Price Range
Low | December 30, 2024
| High |
0.00 | 0.00 |
Asahi Group Holdings 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.
Asahi Group December 30, 2024 Market Strength
Market strength indicators help investors to evaluate how Asahi 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 Asahi Group shares will generate the highest return on investment. By undertsting and applying Asahi Group stock market strength indicators, traders can identify Asahi Group Holdings entry and exit signals to maximize returns
Asahi Group Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Asahi Group's price direction in advance. Along with the technical and fundamental analysis of Asahi Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Asahi 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 | (0.05) | |||
Jensen Alpha | (0.15) | |||
Total Risk Alpha | (0.22) | |||
Treynor Ratio | 0.5383 |
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Volume Indicators |
Complementary Tools for Asahi Stock analysis
When running Asahi Group's price analysis, check to measure Asahi 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 Asahi Group is operating at the current time. Most of Asahi Group's value examination focuses on studying past and present price action to predict the probability of Asahi 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 Asahi Group's price. Additionally, you may evaluate how the addition of Asahi Group to your portfolios can decrease your overall portfolio volatility.
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