AlzChem Group (Germany) Price on May 16, 2024
| ACT Stock | EUR 57.80 0.40 0.70% |
If you're considering investing in AlzChem Stock, it is important to understand the factors that can impact its price. As of today, the current price of AlzChem Group stands at 57.80, as last reported on the 17th of December 2024, with the highest price reaching 57.80 and the lowest price hitting 57.80 during the day. AlzChem Group appears to be very steady, given 3 months investment horizon. AlzChem Group AG secures Sharpe Ratio (or Efficiency) of 0.16, which signifies that the company had a 0.16% return per unit of risk over the last 3 months. By analyzing AlzChem Group's technical indicators, you can evaluate if the expected return of 0.59% is justified by implied risk. Please makes use of AlzChem Group's Downside Deviation of 3.02, risk adjusted performance of 0.109, and Mean Deviation of 2.52 to double-check if our risk estimates are consistent with your expectations.
AlzChem Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
AlzChem |
Sharpe Ratio = 0.1597
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Estimated Market Risk
| 3.71 actual daily | 33 67% of assets are more volatile |
Expected Return
| 0.59 actual daily | 11 89% of assets have higher returns |
Risk-Adjusted Return
| 0.16 actual daily | 12 88% of assets perform better |
Based on monthly moving average AlzChem Group is performing at about 12% 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 AlzChem Group by adding it to a well-diversified portfolio.
AlzChem Group Valuation on May 16, 2024
It is possible to determine the worth of AlzChem Group on a given historical date. On May 16, 2024 AlzChem was worth 44.0 at the beginning of the trading date compared to the closed value of 42.2. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of AlzChem Group stock. Still, in general, we apply an absolute valuation method to find AlzChem 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 AlzChem Group where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against AlzChem Group's related companies.
| Open | High | Low | Close | Volume | |
| 43.70 | 43.70 | 43.70 | 43.70 | 100.00 | |
05/16/2024 | 44.00 | 44.00 | 42.20 | 42.20 | 5.00 |
| 42.90 | 42.90 | 42.90 | 42.90 | 5.00 |
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AlzChem Group Trading Date Momentum on May 16, 2024
| On May 17 2024 AlzChem Group AG was traded for 42.90 at the closing time. The maximum traded price for the trading interval was 42.90 and the lowest daily price was 42.90 . The daily volume was recorded at 5.0. The volume of trading on 17th of May 2024 played a part in the next trading day price appreciation. The overall trading delta to the next closing price was 1.66% . The overall trading delta to the closing price today is 4.03% . |
AlzChem Group AG Fundamentals Correlations and Trends
By evaluating AlzChem 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 AlzChem Group's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. AlzChem financial account trend analysis is a perfect complement when working with valuation or volatility modules.About AlzChem Group Stock history
AlzChem 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 AlzChem is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in AlzChem Group AG 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 AlzChem Group stock prices may prove useful in developing a viable investing in AlzChem Group
AlzChem Group Stock Technical Analysis
AlzChem 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
AlzChem Group Period Price Range
Low | December 17, 2024
| High |
0.00 | 0.00 |
AlzChem Group AG cannot be verified against its exchange. Please verify the symbol is currently traded on Munich 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.
AlzChem Group December 17, 2024 Market Strength
Market strength indicators help investors to evaluate how AlzChem 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 AlzChem Group shares will generate the highest return on investment. By undertsting and applying AlzChem Group stock market strength indicators, traders can identify AlzChem Group AG entry and exit signals to maximize returns
AlzChem Group Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for AlzChem Group's price direction in advance. Along with the technical and fundamental analysis of AlzChem Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of AlzChem 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 | 0.109 | |||
| Jensen Alpha | 0.4422 | |||
| Total Risk Alpha | 0.1218 | |||
| Sortino Ratio | 0.1435 | |||
| Treynor Ratio | 0.5772 |
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Additional Tools for AlzChem Stock Analysis
When running AlzChem Group's price analysis, check to measure AlzChem 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 AlzChem Group is operating at the current time. Most of AlzChem Group's value examination focuses on studying past and present price action to predict the probability of AlzChem 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 AlzChem Group's price. Additionally, you may evaluate how the addition of AlzChem Group to your portfolios can decrease your overall portfolio volatility.