ALD SA (Germany) Price on October 25, 2024
| 3AL Stock | EUR 6.10 0.30 4.69% |
If you're considering investing in ALD Stock, it is important to understand the factors that can impact its price. As of today, the current price of ALD SA stands at 6.10, as last reported on the 22nd of December, with the highest price reaching 6.10 and the lowest price hitting 6.10 during the day. At this point, ALD SA is slightly risky. ALD SA secures Sharpe Ratio (or Efficiency) of 0.0547, which signifies that the company had a 0.0547% return per unit of risk over the last 3 months. We have found twenty-eight technical indicators for ALD SA, which you can use to evaluate the volatility of the firm. Please confirm ALD SA's Risk Adjusted Performance of 0.0228, mean deviation of 2.0, and Downside Deviation of 3.0 to double-check if the risk estimate we provide is consistent with the expected return of 0.14%.
ALD Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
ALD |
Sharpe Ratio = 0.0547
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Estimated Market Risk
| 2.59 actual daily | 23 77% of assets are more volatile |
Expected Return
| 0.14 actual daily | 2 98% of assets have higher returns |
Risk-Adjusted Return
| 0.05 actual daily | 4 96% of assets perform better |
Based on monthly moving average ALD SA is performing at about 4% 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 ALD SA by adding it to a well-diversified portfolio.
ALD SA Valuation on October 25, 2024
It is possible to determine the worth of ALD SA on a given historical date. On October 25, 2024 ALD was worth 6.18 at the beginning of the trading date compared to the closed value of 6.18. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of ALD SA stock. Still, in general, we apply an absolute valuation method to find ALD SA'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 ALD SA where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against ALD SA's related companies.
| Open | High | Low | Close | Volume | |
| 6.29 | 6.33 | 6.29 | 6.29 | 500.00 | |
10/25/2024 | 6.18 | 6.18 | 6.18 | 6.18 | 500.00 |
| 6.32 | 6.32 | 6.32 | 6.32 | 500.00 |
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ALD SA Trading Date Momentum on October 25, 2024
| On October 28 2024 ALD SA was traded for 6.32 at the closing time. The highest daily price throughout the period was 6.32 and the lowest price was 6.32 . The daily volume was 500. The net trading volume on 10/28/2024 added to the next day price rise. The daily price change to closing price of the next trading day was 2.27% . The overall trading delta to current closing price is 0.32% . |
ALD SA Fundamentals Correlations and Trends
By evaluating ALD SA'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 ALD SA's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. ALD financial account trend analysis is a perfect complement when working with valuation or volatility modules.About ALD SA Stock history
ALD SA 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 ALD is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in ALD SA 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 ALD SA stock prices may prove useful in developing a viable investing in ALD SA
ALD S.A., together with its subsidiaries, provides service leasing and vehicle fleet management services in France and internationally. ALD S.A. was founded in 1946 and is based in Rueil-Malmaison, France. ALD EO operates under Rental Leasing Services classification in Germany and is traded on Frankfurt Stock Exchange. It employs 6542 people.
ALD SA Stock Technical Analysis
ALD SA 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
ALD SA Period Price Range
Low | December 22, 2024
| High |
0.00 | 0.00 |
ALD SA 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.
ALD SA December 22, 2024 Market Strength
Market strength indicators help investors to evaluate how ALD SA stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading ALD SA shares will generate the highest return on investment. By undertsting and applying ALD SA stock market strength indicators, traders can identify ALD SA entry and exit signals to maximize returns
ALD SA Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for ALD SA's price direction in advance. Along with the technical and fundamental analysis of ALD Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of ALD 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 | 0.0228 | |||
| Jensen Alpha | 0.0326 | |||
| Total Risk Alpha | (0.03) | |||
| Sortino Ratio | 0.0071 | |||
| Treynor Ratio | 0.0889 |
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| Volume Indicators |
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.
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