Acme United Stock Price on April 1, 2024
ACU Stock | USD 44.07 0.51 1.17% |
If you're considering investing in Acme Stock, it is important to understand the factors that can impact its price. As of today, the current price of Acme United stands at 44.07, as last reported on the 5th of December, with the highest price reaching 44.29 and the lowest price hitting 43.95 during the day. Currently, Acme United is very steady. Acme United secures Sharpe Ratio (or Efficiency) of 0.0326, which signifies that the company had a 0.0326% return per unit of risk over the last 3 months. We have found twenty-nine technical indicators for Acme United, which you can use to evaluate the volatility of the firm. Please confirm Acme United's Mean Deviation of 1.54, downside deviation of 1.82, and Risk Adjusted Performance of 0.0303 to double-check if the risk estimate we provide is consistent with the expected return of 0.0638%.
Acme Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
Acme |
Sharpe Ratio = 0.0326
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Estimated Market Risk
1.96 actual daily | 17 83% of assets are more volatile |
Expected Return
0.06 actual daily | 1 99% of assets have higher returns |
Risk-Adjusted Return
0.03 actual daily | 2 98% of assets perform better |
Based on monthly moving average Acme United is performing at about 2% 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 Acme United by adding it to a well-diversified portfolio.
Acme United Valuation on April 1, 2024
It is possible to determine the worth of Acme United on a given historical date. On April 1, 2024 Acme was worth 47.57 at the beginning of the trading date compared to the closed value of 46.59. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Acme United stock. Still, in general, we apply an absolute valuation method to find Acme United'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 Acme United where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Acme United's related companies.
Open | High | Low | Close | Volume | |
45.44 | 46.65 | 44.88 | 46.62 | 27,149 | |
04/01/2024 | 47.57 | 48.06 | 45.71 | 46.59 | 41,325 |
46.58 | 46.58 | 45.25 | 45.38 | 20,903 |
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Acme United Trading Date Momentum on April 1, 2024
On April 02 2024 Acme United was traded for 45.38 at the closing time. Highest Acme United's price during the trading hours was 46.58 and the lowest price during the day was 45.25 . The net volume was 20.9 K. The overall trading history on the 2nd of April contributed to the next trading period price depreciation. The overall trading delta to the next next day price was 2.60% . The overall trading delta to current price is 7.17% . |
Acme United Fundamentals Correlations and Trends
By evaluating Acme United'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 Acme United's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Acme financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Acme United Stock history
Acme United 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 Acme is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Acme United 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 Acme United stock prices may prove useful in developing a viable investing in Acme United
Acme United Corporation supplies first aid and safety, cutting, sharpening, and measuring products to the school, home, office, hardware, sporting goods, and industrial markets in the United States, Canada, Europe, and internationally. Acme United Corporation was founded in 1867 and is based in Shelton, Connecticut. Acme United operates under Household Personal Products classification in the United States and is traded on AMEX Exchange. It employs 654 people.
Acme United Stock Technical Analysis
Acme United 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
Acme United Period Price Range
Low | December 5, 2024
| High |
0.00 | 0.00 |
Acme United cannot be verified against its exchange. Please verify the symbol is currently traded on NYSE MKT 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.
Acme United December 5, 2024 Market Strength
Market strength indicators help investors to evaluate how Acme United stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Acme United shares will generate the highest return on investment. By undertsting and applying Acme United stock market strength indicators, traders can identify Acme United entry and exit signals to maximize returns
Acme United Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Acme United's price direction in advance. Along with the technical and fundamental analysis of Acme Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Acme 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 | 0.0303 | |||
Jensen Alpha | (0.12) | |||
Total Risk Alpha | (0.31) | |||
Sortino Ratio | (0.05) | |||
Treynor Ratio | 0.0433 |
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Additional Tools for Acme Stock Analysis
When running Acme United's price analysis, check to measure Acme United'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 Acme United is operating at the current time. Most of Acme United's value examination focuses on studying past and present price action to predict the probability of Acme United's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Acme United's price. Additionally, you may evaluate how the addition of Acme United to your portfolios can decrease your overall portfolio volatility.