Atea ASA (Germany) Price on December 10, 2024
| MKL Stock | EUR 11.44 0.14 1.21% |
If you're considering investing in Atea Stock, it is important to understand the factors that can impact its price. As of today, the current price of Atea ASA stands at 11.44, as last reported on the 23rd of December, with the highest price reaching 11.44 and the lowest price hitting 11.44 during the day. Atea ASA appears to be slightly risky, given 3 months investment horizon. Atea ASA secures Sharpe Ratio (or Efficiency) of 0.1, which signifies that the company had a 0.1% return per unit of standard deviation over the last 3 months. By analyzing Atea ASA's technical indicators, you can evaluate if the expected return of 0.55% is justified by implied risk. Please makes use of Atea ASA's mean deviation of 2.07, and Risk Adjusted Performance of 0.093 to double-check if our risk estimates are consistent with your expectations.
Atea Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
Atea |
Sharpe Ratio = 0.1021
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Estimated Market Risk
| 5.41 actual daily | 48 52% of assets are more volatile |
Expected Return
| 0.55 actual daily | 10 90% of assets have higher returns |
Risk-Adjusted Return
| 0.1 actual daily | 8 92% of assets perform better |
Based on monthly moving average Atea ASA is performing at about 8% 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 Atea ASA by adding it to a well-diversified portfolio.
Atea ASA Valuation on December 10, 2024
It is possible to determine the worth of Atea ASA on a given historical date. On December 10, 2024 Atea was worth 12.02 at the beginning of the trading date compared to the closed value of 12.02. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Atea ASA stock. Still, in general, we apply an absolute valuation method to find Atea ASA'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 Atea ASA where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Atea ASA's related companies.
| Open | High | Low | Close | Volume | |
| 11.86 | 11.86 | 11.86 | 11.86 | 1.00 | |
12/10/2024 | 12.02 | 12.02 | 12.02 | 12.02 | 1.00 |
| 11.82 | 11.82 | 11.82 | 11.82 | 1.00 |
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Atea ASA Trading Date Momentum on December 10, 2024
| On December 11 2024 Atea ASA was traded for 11.82 at the closing time. The maximum traded price for the trading interval was 11.82 and the lowest daily price was 11.82 . There was no trading activity during the period 1.0. Lack of trading volume on 11th of December 2024 played a part in the next trading day price drop. The trading delta at closing time to the next closing price was 1.66% . The overall trading delta to the closing price today is 4.83% . |
Atea ASA Fundamentals Correlations and Trends
By evaluating Atea ASA'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 Atea ASA's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Atea financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Atea ASA Stock history
Atea ASA 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 Atea is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Atea ASA 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 Atea ASA stock prices may prove useful in developing a viable investing in Atea ASA
Atea ASA Stock Technical Analysis
Atea ASA 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
Atea ASA Period Price Range
Low | December 23, 2024
| High |
0.00 | 0.00 |
Atea ASA cannot be verified against its exchange. Please verify the symbol is currently traded on Berlin 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.
Atea ASA December 23, 2024 Market Strength
Market strength indicators help investors to evaluate how Atea ASA stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Atea ASA shares will generate the highest return on investment. By undertsting and applying Atea ASA stock market strength indicators, traders can identify Atea ASA entry and exit signals to maximize returns
Atea ASA Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Atea ASA's price direction in advance. Along with the technical and fundamental analysis of Atea Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Atea 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 | 0.093 | |||
| Jensen Alpha | 0.5629 | |||
| Total Risk Alpha | 0.4121 | |||
| Sortino Ratio | 0.2695 | |||
| Treynor Ratio | (27.17) |
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Complementary Tools for Atea Stock analysis
When running Atea ASA's price analysis, check to measure Atea ASA'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 Atea ASA is operating at the current time. Most of Atea ASA's value examination focuses on studying past and present price action to predict the probability of Atea ASA's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Atea ASA's price. Additionally, you may evaluate how the addition of Atea ASA to your portfolios can decrease your overall portfolio volatility.
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