Adeia P Stock Price on November 8, 2024
| ADEA Stock | USD 13.81 0.06 0.43% |
If you're considering investing in ADEIA Stock, it is important to understand the factors that can impact its price. As of today, the current price of ADEIA P stands at 13.81, as last reported on the 21st of March, with the highest price reaching 13.96 and the lowest price hitting 13.62 during the day. At this point, ADEIA P is not too volatile. ADEIA P secures Sharpe Ratio (or Efficiency) of 0.0159, which signifies that the company had a 0.0159 % return per unit of risk over the last 3 months. We have found thirty technical indicators for ADEIA P, which you can use to evaluate the volatility of the firm. Please confirm ADEIA P's Downside Deviation of 2.18, mean deviation of 1.83, and Risk Adjusted Performance of 0.0215 to double-check if the risk estimate we provide is consistent with the expected return of 0.054%.
ADEIA Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
ADEIA |
Sharpe Ratio = 0.0159
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Estimated Market Risk
| 3.4 actual daily | 30 70% of assets are more volatile |
Expected Return
| 0.05 actual daily | 1 99% of assets have higher returns |
Risk-Adjusted Return
| 0.02 actual daily | 1 99% of assets perform better |
Based on monthly moving average ADEIA P is performing at about 1% 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 ADEIA P by adding it to a well-diversified portfolio.
ADEIA P Valuation on November 8, 2024
It is possible to determine the worth of ADEIA P on a given historical date. On November 8, 2024 ADEIA was worth 12.57 at the beginning of the trading date compared to the closed value of 11.43. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of ADEIA P stock. Still, in general, we apply an absolute valuation method to find ADEIA P'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 ADEIA P where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against ADEIA P's related companies.
| Open | High | Low | Close | Volume | |
| 13.94 | 14.13 | 13.62 | 13.99 | 818,194 | |
11/08/2024 | 12.57 | 12.77 | 11.23 | 11.43 | 1,125,852 |
| 11.56 | 11.97 | 11.54 | 11.87 | 724,640 |
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ADEIA P Trading Date Momentum on November 8, 2024
| On November 11 2024 ADEIA P was traded for 11.87 at the closing time. The top price for the day was 11.97 and the lowest listed price was 11.54 . The trading volume for the day was 724.6 K. The trading history from November 11, 2024 was a factor to the next trading day price jump. The overall trading delta against the next closing price was 3.85% . The overall trading delta against the current closing price is 0.44% . |
ADEIA P Fundamentals Correlations and Trends
By evaluating ADEIA P'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 ADEIA P's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. ADEIA financial account trend analysis is a perfect complement when working with valuation or volatility modules.About ADEIA P Stock history
ADEIA P 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 ADEIA is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in ADEIA P 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 ADEIA P stock prices may prove useful in developing a viable investing in ADEIA P
Adeia Inc., together with its subsidiaries, operates as a consumer and entertainment productsolutions licensing company worldwide. The company was incorporated in 2019 and is headquartered in San Jose, California. Adeia operates under SoftwareApplication classification in the United States and is traded on NASDAQ Exchange. It employs 2250 people.
ADEIA P Stock Technical Analysis
ADEIA P 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
ADEIA P Period Price Range
Low | March 21, 2025
| High |
0.00 | 0.00 |
ADEIA P cannot be verified against its exchange. Please verify the symbol is currently traded on NASDAQ 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.
ADEIA P March 21, 2025 Market Strength
Market strength indicators help investors to evaluate how ADEIA P stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading ADEIA P shares will generate the highest return on investment. By undertsting and applying ADEIA P stock market strength indicators, traders can identify ADEIA P entry and exit signals to maximize returns
ADEIA P Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for ADEIA P's price direction in advance. Along with the technical and fundamental analysis of ADEIA Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of ADEIA 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 | 0.0215 | |||
| Jensen Alpha | 0.0433 | |||
| Total Risk Alpha | 0.3215 | |||
| Sortino Ratio | 0.0534 | |||
| Treynor Ratio | (4.59) |
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Complementary Tools for ADEIA Stock analysis
When running ADEIA P's price analysis, check to measure ADEIA P'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 ADEIA P is operating at the current time. Most of ADEIA P's value examination focuses on studying past and present price action to predict the probability of ADEIA P's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move ADEIA P's price. Additionally, you may evaluate how the addition of ADEIA P to your portfolios can decrease your overall portfolio volatility.
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