ArcBest (Germany) Price on May 8, 2024

AQY Stock  EUR 89.00  1.50  1.66%   
If you're considering investing in ArcBest Stock, it is important to understand the factors that can impact its price. As of today, the current price of ArcBest stands at 89.00, as last reported on the 28th of December, with the highest price reaching 89.00 and the lowest price hitting 89.00 during the day. ArcBest secures Sharpe Ratio (or Efficiency) of -0.0346, which signifies that the company had a -0.0346% return per unit of standard deviation over the last 3 months. ArcBest exposes twenty-one different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm ArcBest's mean deviation of 1.99, and Risk Adjusted Performance of (0.02) to double-check the risk estimate we provide.
  
ArcBest Stock price history is provided at the adjusted basis, taking into account all of the recent filings.

Sharpe Ratio = -0.0346

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Estimated Market Risk

 2.97
  actual daily
26
74% of assets are more volatile

Expected Return

 -0.1
  actual daily
0
Most of other assets have higher returns

Risk-Adjusted Return

 -0.03
  actual daily
0
Most of other assets perform better
Based on monthly moving average ArcBest 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 ArcBest by adding ArcBest to a well-diversified portfolio.

ArcBest Valuation on May 8, 2024

It is possible to determine the worth of ArcBest on a given historical date. On May 8, 2024 ArcBest was worth 108.63 at the beginning of the trading date compared to the closed value of 108.63. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of ArcBest stock. Still, in general, we apply an absolute valuation method to find ArcBest'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 ArcBest where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against ArcBest's related companies.
 Open High Low Close Volume
  108.63    108.63    108.63    108.63    1.00  
05/08/2024
  108.63    108.63    108.63    108.63    1.00  
  105.75    105.75    105.75    105.75    1.00  
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Open Value
108.63
108.63
Closing Value
117.55
Upside

ArcBest Trading Date Momentum on May 8, 2024

On May 09 2024 ArcBest was traded for  105.75  at the closing time. The highest daily price throughout the period was 105.75  and the lowest price was  105.75 . There was no trading activity during the period 1.0. Lack of trading volume on 05/09/2024 added to the next day price reduction. The overall trading delta to closing price of the next trading day was 2.65% . The overall trading delta to current closing price is 4.48% .

ArcBest Fundamentals Correlations and Trends

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

About ArcBest Stock history

ArcBest 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 ArcBest is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in ArcBest 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 ArcBest stock prices may prove useful in developing a viable investing in ArcBest
ArcBest Corporation provides freight transportation services and integrated logistics solutions worldwide. ArcBest Corporation was founded in 1923 and is headquartered in Fort Smith, Arkansas. ARCBEST CORP operates under Trucking classification in Germany and is traded on Frankfurt Stock Exchange. It employs 13000 people.

ArcBest Stock Technical Analysis

ArcBest 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 ArcBest technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of ArcBest 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

ArcBest Period Price Range

Low
December 28, 2024
0.00  NaN%
High

 0.00 

     

 0.00 

ArcBest cannot be verified against its exchange. Please verify the symbol is currently traded on Frankfurt 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.

ArcBest December 28, 2024 Market Strength

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

ArcBest Technical and Predictive Indicators

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

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