ALD S.A. Reports Earnings Results for the Fourth Quarter and Full Year Ended December 31, 2023 - Marketscreener.com

3AL Stock  EUR 6.10  0.30  4.69%   
Roughly 61% of ALD SA's investor base is looking to short. The analysis of current outlook of investing in ALD SA suggests that many traders are alarmed regarding ALD SA's prospects. The current market sentiment, together with ALD SA's historical and current headlines, can help investors time the market. In addition, many technical investors use ALD SA stock news signals to limit their universe of possible portfolio assets.
ALD SA stock news, alerts, and headlines are usually related to its technical, predictive, social, and fundamental indicators. It can reflect on the current distribution of ALD daily returns and investor perception about the current price of ALD SA as well as its diversification or hedging effects on your existing portfolios.
  
ALD S.A. Reports Earnings Results for the Fourth Quarter and Full Year Ended December 31, 2023 Marketscreener.com

Read at news.google.com
Google News at Macroaxis
  

ALD SA Fundamental Analysis

We analyze ALD SA's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of ALD SA using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of ALD SA based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.

Return On Asset

Return On Asset Comparative Analysis

ALD SA is currently under evaluation in return on asset category among its peers. Return on Asset or ROA shows how effective is the management of the company in generating income from utilizing all of the assets at their disposal. It is a useful ratio to evaluate the performance of different departments of a company as well as to understand management performance over time.

ALD SA Potential Pair-trading

One of the popular trading techniques among algorithmic traders is to use market-neutral strategies where every trade hedges away some risk. Because there are two separate transactions required, even if one position performs unexpectedly, the other equity can make up some of the losses. Below are some of the equities that can be combined with ALD SA stock to make a market-neutral strategy. Peer analysis of ALD SA could also be used in its relative valuation, which is a method of valuing ALD SA by comparing valuation metrics with similar companies.

Complementary Tools for ALD Stock analysis

When running ALD SA's price analysis, check to measure ALD SA'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 ALD SA is operating at the current time. Most of ALD SA's value examination focuses on studying past and present price action to predict the probability of ALD SA's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move ALD SA's price. Additionally, you may evaluate how the addition of ALD SA to your portfolios can decrease your overall portfolio volatility.
Portfolio Volatility
Check portfolio volatility and analyze historical return density to properly model market risk
Portfolio Analyzer
Portfolio analysis module that provides access to portfolio diagnostics and optimization engine
Portfolio Anywhere
Track or share privately all of your investments from the convenience of any device
AI Portfolio Architect
Use AI to generate optimal portfolios and find profitable investment opportunities
Cryptocurrency Center
Build and monitor diversified portfolio of extremely risky digital assets and cryptocurrency
Portfolio Optimization
Compute new portfolio that will generate highest expected return given your specified tolerance for risk
Insider Screener
Find insiders across different sectors to evaluate their impact on performance
Pair Correlation
Compare performance and examine fundamental relationship between any two equity instruments
Aroon Oscillator
Analyze current equity momentum using Aroon Oscillator and other momentum ratios