Aluar Aluminio (Argentina) Price on September 18, 2024

ALUA Stock  ARS 894.00  4.00  0.45%   
If you're considering investing in Aluar Stock, it is important to understand the factors that can impact its price. As of today, the current price of Aluar Aluminio stands at 894.00, as last reported on the 11th of December 2024, with the highest price reaching 911.00 and the lowest price hitting 870.00 during the day. Aluar Aluminio Argentino secures Sharpe Ratio (or Efficiency) of -0.0041, which signifies that the company had a -0.0041% return per unit of risk over the last 3 months. Aluar Aluminio Argentino exposes thirty different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm Aluar Aluminio's Mean Deviation of 1.65, risk adjusted performance of 0.0365, and Downside Deviation of 1.92 to double-check the risk estimate we provide.
  
Aluar Stock price history is provided at the adjusted basis, taking into account all of the recent filings.

Sharpe Ratio = -0.0041

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Estimated Market Risk

 2.18
  actual daily
19
81% of assets are more volatile

Expected Return

 -0.01
  actual daily
0
Most of other assets have higher returns

Risk-Adjusted Return

 0.0
  actual daily
0
Most of other assets perform better
Based on monthly moving average Aluar Aluminio 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 Aluar Aluminio by adding Aluar Aluminio to a well-diversified portfolio.

Aluar Aluminio Valuation on September 18, 2024

It is possible to determine the worth of Aluar Aluminio on a given historical date. On September 18, 2024 Aluar was worth 919.0 at the beginning of the trading date compared to the closed value of 902.0. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Aluar Aluminio stock. Still, in general, we apply an absolute valuation method to find Aluar Aluminio'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 Aluar Aluminio where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Aluar Aluminio's related companies.
 Open High Low Close Volume
  925.00    928.00    912.00    919.00    650,841  
09/18/2024
  919.00    920.00    888.00    902.00    422,794  
  905.00    914.00    869.00    891.00    2,267,684  
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Open Value
919.0
912.46
Downside
902.0
Closing Value
925.54
Upside

Aluar Aluminio Trading Date Momentum on September 18, 2024

On September 19 2024 Aluar Aluminio Argentino was traded for  891.00  at the closing time. The highest price during the trading period was 914.00  and the lowest recorded bid was listed for  869.00 . The volume for the day was 2.3 M. This history from September 19, 2024 contributed to the next trading day price decline. The overall trading delta to the next closing price was 1.22% . The overall trading delta to the current price is 1.88% .

Aluar Aluminio Argentino Fundamentals Correlations and Trends

By evaluating Aluar Aluminio'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 Aluar Aluminio's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Aluar financial account trend analysis is a perfect complement when working with valuation or volatility modules.

About Aluar Aluminio Stock history

Aluar Aluminio 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 Aluar is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Aluar Aluminio Argentino 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 Aluar Aluminio stock prices may prove useful in developing a viable investing in Aluar Aluminio
Aluar Aluminio Argentino S.A.I.C. produces and sells aluminum products worldwide. The company was founded in 1974 and is headquartered in Buenos Aires, Argentina. ALUAR ALUMINIO is traded on Buenos-Aires Stock Exchange in Argentina.

Aluar Aluminio Stock Technical Analysis

Aluar Aluminio 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.
A focus of Aluar Aluminio technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of Aluar Aluminio trading pattern rather than external drivers such as economic, fundamental, or social events. It is believed that price action tends to repeat itself due to investors' collective, patterned behavior. Hence technical analysis focuses on identifiable price trends and conditions. More Info...

Price Boundaries

Aluar Aluminio Period Price Range

Low
December 11, 2024
0.00  NaN%
High

 0.00 

     

 0.00 

Aluar Aluminio Argentino cannot be verified against its exchange. Please verify the symbol is currently traded on Buenos Aires 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.

Aluar Aluminio December 11, 2024 Market Strength

Market strength indicators help investors to evaluate how Aluar Aluminio stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Aluar Aluminio shares will generate the highest return on investment. By undertsting and applying Aluar Aluminio stock market strength indicators, traders can identify Aluar Aluminio Argentino entry and exit signals to maximize returns

Aluar Aluminio Technical and Predictive Indicators

Predictive indicators are helping investors to find signals for Aluar Aluminio's price direction in advance. Along with the technical and fundamental analysis of Aluar Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Aluar 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.

Complementary Tools for Aluar Stock analysis

When running Aluar Aluminio's price analysis, check to measure Aluar Aluminio'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 Aluar Aluminio is operating at the current time. Most of Aluar Aluminio's value examination focuses on studying past and present price action to predict the probability of Aluar Aluminio's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Aluar Aluminio's price. Additionally, you may evaluate how the addition of Aluar Aluminio to your portfolios can decrease your overall portfolio volatility.
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