ASX (Germany) Price on September 17, 2024
AUX Stock | EUR 38.80 0.20 0.52% |
If you're considering investing in ASX Stock, it is important to understand the factors that can impact its price. As of today, the current price of ASX stands at 38.80, as last reported on the 28th of December, with the highest price reaching 38.80 and the lowest price hitting 38.80 during the day. At this point, ASX is very steady. ASX Limited secures Sharpe Ratio (or Efficiency) of 5.0E-4, which signifies that the company had a 5.0E-4% return per unit of volatility over the last 3 months. We have found twenty-seven technical indicators for ASX Limited, which you can use to evaluate the volatility of the firm. Please confirm ASX's mean deviation of 0.9918, and Risk Adjusted Performance of 0.0283 to double-check if the risk estimate we provide is consistent with the expected return of 7.0E-4%.
ASX Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
ASX |
Sharpe Ratio = 5.0E-4
Best Portfolio | Best Equity | |||
Good Returns | ||||
Average Returns | ||||
Small Returns | ||||
Cash | Small Risk | Average Risk | High Risk | Huge Risk |
Negative Returns | AUX |
Estimated Market Risk
1.35 actual daily | 12 88% of assets are more volatile |
Expected Return
0.0 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 ASX 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 ASX by adding ASX to a well-diversified portfolio.
ASX Valuation on September 17, 2024
It is possible to determine the worth of ASX on a given historical date. On September 17, 2024 ASX was worth 38.0 at the beginning of the trading date compared to the closed value of 38.0. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of ASX stock. Still, in general, we apply an absolute valuation method to find ASX'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 ASX where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against ASX's related companies.
Open | High | Low | Close | Volume | |
38.00 | 38.00 | 38.00 | 38.00 | 1,000.00 | |
09/17/2024 | 38.00 | 38.00 | 38.00 | 38.00 | 1,000.00 |
37.80 | 37.80 | 37.80 | 37.80 | 1,000.00 |
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ASX Trading Date Momentum on September 17, 2024
On September 18 2024 ASX Limited was traded for 37.80 at the closing time. The highest daily price throughout the period was 37.80 and the lowest price was 37.80 . The daily volume was 1000. The net trading volume on 09/18/2024 added to the next day price reduction. The overall trading delta to closing price of the next trading day was 0.53% . The overall trading delta to current closing price is 1.58% . |
ASX Limited Fundamentals Correlations and Trends
By evaluating ASX'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 ASX's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. ASX financial account trend analysis is a perfect complement when working with valuation or volatility modules.About ASX Stock history
ASX 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 ASX is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in ASX Limited 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 ASX stock prices may prove useful in developing a viable investing in ASX
ASX Limited, a multi-asset class and integrated exchange group, provides listings, trading, clearing, settlement, registry, and information and technical services in Australia and internationally. ASX Limited was founded in 1987 and is based in Sydney, Australia. ASX LTD operates under Financial Exchanges classification in Germany and is traded on Frankfurt Stock Exchange. It employs 632 people.
ASX Stock Technical Analysis
ASX 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
ASX Period Price Range
Low | December 28, 2024
| High |
0.00 | 0.00 |
ASX Limited 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.
ASX December 28, 2024 Market Strength
Market strength indicators help investors to evaluate how ASX stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading ASX shares will generate the highest return on investment. By undertsting and applying ASX stock market strength indicators, traders can identify ASX Limited entry and exit signals to maximize returns
ASX Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for ASX's price direction in advance. Along with the technical and fundamental analysis of ASX Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of ASX 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 | 0.0283 | |||
Jensen Alpha | 0.031 | |||
Total Risk Alpha | (0.01) | |||
Sortino Ratio | 0.0056 | |||
Treynor Ratio | (0.97) |
Cycle Indicators | ||
Math Operators | ||
Math Transform | ||
Momentum Indicators | ||
Overlap Studies | ||
Pattern Recognition | ||
Price Transform | ||
Statistic Functions | ||
Volatility Indicators | ||
Volume Indicators |
Complementary Tools for ASX Stock analysis
When running ASX's price analysis, check to measure ASX'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 ASX is operating at the current time. Most of ASX's value examination focuses on studying past and present price action to predict the probability of ASX's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move ASX's price. Additionally, you may evaluate how the addition of ASX to your portfolios can decrease your overall portfolio volatility.
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