Alro Slatina (Romania) Price on June 12, 2024
| ALR Stock | 1.55 0.01 0.64% |
If you're considering investing in Alro Stock, it is important to understand the factors that can impact its price. As of today, the current price of Alro Slatina stands at 1.55, as last reported on the 14th of December 2024, with the highest price reaching 1.55 and the lowest price hitting 1.53 during the day. As of now, Alro Stock is relatively risky. Alro Slatina secures Sharpe Ratio (or Efficiency) of 0.0288, which signifies that the company had a 0.0288% return per unit of risk over the last 3 months. We have found twenty-eight technical indicators for Alro Slatina, which you can use to evaluate the volatility of the firm. Please confirm Alro Slatina's Risk Adjusted Performance of 0.0361, downside deviation of 1.58, and Mean Deviation of 0.8987 to double-check if the risk estimate we provide is consistent with the expected return of 0.0391%.
Alro Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
Alro |
Sharpe Ratio = 0.0288
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Estimated Market Risk
| 1.35 actual daily | 12 88% of assets are more volatile |
Expected Return
| 0.04 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| 0.03 actual daily | 2 98% of assets perform better |
Based on monthly moving average Alro Slatina 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 Alro Slatina by adding it to a well-diversified portfolio.
Alro Slatina Valuation on June 12, 2024
It is possible to determine the worth of Alro Slatina on a given historical date. On June 12, 2024 Alro was worth 1.59 at the beginning of the trading date compared to the closed value of 1.6. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Alro Slatina stock. Still, in general, we apply an absolute valuation method to find Alro Slatina'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 Alro Slatina where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Alro Slatina's related companies.
| Open | High | Low | Close | Volume | |
| 1.61 | 1.61 | 1.56 | 1.58 | 20,567 | |
06/12/2024 | 1.59 | 1.60 | 1.59 | 1.60 | 2,873 |
| 1.60 | 1.60 | 1.56 | 1.59 | 23,959 |
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Alro Slatina Trading Date Momentum on June 12, 2024
| On June 13 2024 Alro Slatina was traded for 1.59 at the closing time. The maximum traded price for the trading interval was 1.60 and the lowest daily price was 1.56 . The daily volume was recorded at 24 K. The volume of trading on 13th of June 2024 played a part in the next trading day price drop. The overall trading delta to the next closing price was 0.63% . The overall trading delta to the closing price today is 1.88% . |
About Alro Slatina Stock history
Alro Slatina 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 Alro is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Alro Slatina 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 Alro Slatina stock prices may prove useful in developing a viable investing in Alro Slatina
Alro Slatina Stock Technical Analysis
Alro Slatina 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
Alro Slatina Period Price Range
Low | December 14, 2024
| High |
0.00 | 0.00 |
Alro Slatina cannot be verified against its exchange. Please verify the symbol is currently traded on Bucharest 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.
Alro Slatina December 14, 2024 Market Strength
Market strength indicators help investors to evaluate how Alro Slatina stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Alro Slatina shares will generate the highest return on investment. By undertsting and applying Alro Slatina stock market strength indicators, traders can identify Alro Slatina entry and exit signals to maximize returns
Alro Slatina Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Alro Slatina's price direction in advance. Along with the technical and fundamental analysis of Alro Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Alro 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 | 0.0361 | |||
| Jensen Alpha | 0.0415 | |||
| Total Risk Alpha | (0.12) | |||
| Sortino Ratio | (0.03) | |||
| Treynor Ratio | 0.6154 |
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Other Information on Investing in Alro Stock
Alro Slatina financial ratios help investors to determine whether Alro Stock is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in Alro with respect to the benefits of owning Alro Slatina security.