AFRICAN DISTILLERS (Zimbabwe) Price on May 15, 2024
| AFDS Stock | 691.00 0.00 0.00% |
If you're considering investing in AFRICAN Stock, it is important to understand the factors that can impact its price. As of today, the current price of AFRICAN DISTILLERS stands at 691.00, as last reported on the 29th of December, with the highest price reaching 691.00 and the lowest price hitting 691.00 during the day. At this stage we consider AFRICAN Stock to be very steady. AFRICAN DISTILLERS secures Sharpe Ratio (or Efficiency) of 0.012, which signifies that the company had a 0.012% return per unit of risk over the last 3 months. We have found seventeen technical indicators for AFRICAN DISTILLERS LIMITED, which you can use to evaluate the volatility of the firm. Please confirm AFRICAN DISTILLERS's mean deviation of 0.9138, and Risk Adjusted Performance of 0.017 to double-check if the risk estimate we provide is consistent with the expected return of 0.0429%.
AFRICAN Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
AFRICAN |
Sharpe Ratio = 0.012
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Estimated Market Risk
| 3.58 actual daily | 31 69% of assets are more volatile |
Expected Return
| 0.04 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| 0.01 actual daily | 0 Most of other assets perform better |
Based on monthly moving average AFRICAN DISTILLERS 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 AFRICAN DISTILLERS by adding AFRICAN DISTILLERS to a well-diversified portfolio.
AFRICAN DISTILLERS Valuation on May 15, 2024
It is possible to determine the worth of AFRICAN DISTILLERS on a given historical date. On May 15, 2024 AFRICAN was worth 220.25 at the beginning of the trading date compared to the closed value of 220.25. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of AFRICAN DISTILLERS stock. Still, in general, we apply an absolute valuation method to find AFRICAN DISTILLERS'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 AFRICAN DISTILLERS where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against AFRICAN DISTILLERS's related companies.
| Open | High | Low | Close | Volume | |
| 220.25 | 220.25 | 220.25 | 220.25 | 1,400 | |
05/15/2024 | 220.25 | 220.25 | 220.25 | 220.25 | 1,900 |
| 220.25 | 220.25 | 220.25 | 220.25 | 1.00 |
| Backtest AFRICAN DISTILLERS | | | AFRICAN DISTILLERS History | Previous | Next |
AFRICAN DISTILLERS Trading Date Momentum on May 15, 2024
| On May 16 2024 AFRICAN DISTILLERS LIMITED was traded for 220.25 at the closing time. The highest price during the trading period was 220.25 and the lowest recorded bid was listed for 220.25 . There was no trading activity during the period 1.0. Lack of trading volume on May 16, 2024 did not affect price variability. The overall trading delta to the current price is 2.16% . |
Price Boundaries
AFRICAN DISTILLERS Period Price Range
Low | December 29, 2024
| High |
0.00 | 0.00 |
AFRICAN DISTILLERS LIMITED cannot be verified against its exchange. Please verify the symbol is currently traded on Zimbabwe 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.
AFRICAN DISTILLERS December 29, 2024 Market Strength
Market strength indicators help investors to evaluate how AFRICAN DISTILLERS stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading AFRICAN DISTILLERS shares will generate the highest return on investment. By undertsting and applying AFRICAN DISTILLERS stock market strength indicators, traders can identify AFRICAN DISTILLERS LIMITED entry and exit signals to maximize returns
AFRICAN DISTILLERS Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for AFRICAN DISTILLERS's price direction in advance. Along with the technical and fundamental analysis of AFRICAN Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of AFRICAN 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 | 0.017 | |||
| Jensen Alpha | 0.0201 | |||
| Total Risk Alpha | (0.07) | |||
| Treynor Ratio | 0.0632 |
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Additional Tools for AFRICAN Stock Analysis
When running AFRICAN DISTILLERS's price analysis, check to measure AFRICAN DISTILLERS'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 AFRICAN DISTILLERS is operating at the current time. Most of AFRICAN DISTILLERS's value examination focuses on studying past and present price action to predict the probability of AFRICAN DISTILLERS's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move AFRICAN DISTILLERS's price. Additionally, you may evaluate how the addition of AFRICAN DISTILLERS to your portfolios can decrease your overall portfolio volatility.