Amcor Plc (Germany) Price on November 2, 2023

485 Stock  EUR 8.90  0.25  2.73%   
If you're considering investing in Amcor Stock, it is important to understand the factors that can impact its price. As of today, the current price of Amcor Plc stands at 8.90, as last reported on the 20th of December, with the highest price reaching 9.02 and the lowest price hitting 8.90 during the day. Amcor plc secures Sharpe Ratio (or Efficiency) of -0.0306, which signifies that the company had a -0.0306% return per unit of standard deviation over the last 3 months. Amcor plc exposes twenty-four different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm Amcor Plc's mean deviation of 1.33, and Risk Adjusted Performance of (0.03) to double-check the risk estimate we provide.
  
Amcor Stock price history is provided at the adjusted basis, taking into account all of the recent filings.

Sharpe Ratio = -0.0306

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Estimated Market Risk

 2.08
  actual daily
18
82% of assets are more volatile

Expected Return

 -0.06
  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 Amcor Plc 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 Amcor Plc by adding Amcor Plc to a well-diversified portfolio.

Amcor Plc Valuation on November 2, 2023

It is possible to determine the worth of Amcor Plc on a given historical date. On November 2, 2023 Amcor was worth 7.46 at the beginning of the trading date compared to the closed value of 7.46. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Amcor Plc stock. Still, in general, we apply an absolute valuation method to find Amcor Plc'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 Amcor Plc where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Amcor Plc's related companies.
 Open High Low Close Volume
  7.60    7.60    7.60    7.60    1.00  
11/02/2023
  7.46    7.46    7.46    7.46    1.00  
  7.55    7.55    7.55    7.55    1.00  
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Open Value
7.46
7.46
Closing Value
13.71
Upside

Amcor Plc Trading Date Momentum on November 2, 2023

On November 03 2023 Amcor plc was traded for  7.55  at the closing time. The highest daily price throughout the period was 7.55  and the lowest price was  7.55 . There was no trading activity during the period 1.0. Lack of trading volume on 11/03/2023 added to the next day price rise. The daily price change to closing price of the next trading day was 1.21% . The overall trading delta to current closing price is 1.88% .

Amcor plc Fundamentals Correlations and Trends

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

About Amcor Plc Stock history

Amcor Plc 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 Amcor is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Amcor plc 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 Amcor Plc stock prices may prove useful in developing a viable investing in Amcor Plc
Amcor plc develops, manufactures, and sells various packaging products for food, beverage, medical and pharmaceutical, fresh produce, snack food, personal care, and other industries worldwide. The company provides flexible packaging products, rigid packaging containers, specialty cartons, and closures. AMCOR PLC is traded on Frankfurt Stock Exchange in Germany.

Amcor Plc Stock Technical Analysis

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

Amcor Plc Period Price Range

Low
December 20, 2024
0.00  NaN%
High

 0.00 

     

 0.00 

Amcor plc 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.

Amcor Plc December 20, 2024 Market Strength

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

Amcor Plc Technical and Predictive Indicators

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

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