Alligo AB (Sweden) Price on October 28, 2024
If you're considering investing in Alligo Stock, it is important to understand the factors that can impact its price. Alligo AB Series secures Sharpe Ratio (or Efficiency) of -0.0699, which signifies that the company had a -0.0699% return per unit of risk over the last 3 months. Alligo AB Series exposes fifteen different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm Alligo AB's Standard Deviation of 2.47, mean deviation of 1.91, and Risk Adjusted Performance of (0.05) to double-check the risk estimate we provide.
Alligo Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
Alligo |
Sharpe Ratio = -0.0699
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Estimated Market Risk
2.47 actual daily | 21 79% of assets are more volatile |
Expected Return
-0.17 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 Alligo AB 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 Alligo AB by adding Alligo AB to a well-diversified portfolio.
Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.
Price Boundaries
Alligo AB Period Price Range
Low | December 3, 2024
| High |
0.00 | 0.00 |
Alligo AB Series cannot be verified against its exchange. Please verify the symbol is currently traded on Stockholm 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.
Alligo AB December 3, 2024 Market Strength
Market strength indicators help investors to evaluate how Alligo AB stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Alligo AB shares will generate the highest return on investment. By undertsting and applying Alligo AB stock market strength indicators, traders can identify Alligo AB Series entry and exit signals to maximize returns
Alligo AB Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Alligo AB's price direction in advance. Along with the technical and fundamental analysis of Alligo Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Alligo 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 | (0.16) | |||
Total Risk Alpha | (0.55) | |||
Treynor Ratio | 0.7789 |
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Volume Indicators |
Complementary Tools for Alligo Stock analysis
When running Alligo AB's price analysis, check to measure Alligo AB'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 Alligo AB is operating at the current time. Most of Alligo AB's value examination focuses on studying past and present price action to predict the probability of Alligo AB's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Alligo AB's price. Additionally, you may evaluate how the addition of Alligo AB to your portfolios can decrease your overall portfolio volatility.
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