Adcorp (South Africa) Price on September 23, 2024

ADR Stock   480.00  10.00  2.04%   
If you're considering investing in Adcorp Stock, it is important to understand the factors that can impact its price. As of today, the current price of Adcorp stands at 480.00, as last reported on the 25th of December, with the highest price reaching 480.00 and the lowest price hitting 467.00 during the day. Adcorp secures Sharpe Ratio (or Efficiency) of -0.0315, which signifies that the company had a -0.0315% return per unit of standard deviation over the last 3 months. Adcorp exposes twenty-nine different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm Adcorp's risk adjusted performance of 0.0495, and Mean Deviation of 2.08 to double-check the risk estimate we provide.
  
Adcorp Stock price history is provided at the adjusted basis, taking into account all of the recent filings.

Sharpe Ratio = -0.0315

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Estimated Market Risk

 2.8
  actual daily
24
76% of assets are more volatile

Expected Return

 -0.09
  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 Adcorp 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 Adcorp by adding Adcorp to a well-diversified portfolio.

Adcorp Valuation on September 23, 2024

It is possible to determine the worth of Adcorp on a given historical date. On September 23, 2024 Adcorp was worth 488.0 at the beginning of the trading date compared to the closed value of 475.0. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Adcorp stock. Still, in general, we apply an absolute valuation method to find Adcorp'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 Adcorp where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Adcorp's related companies.
 Open High Low Close Volume
  470.00    470.00    466.00    466.00    759.00  
09/23/2024
  488.00    489.00    470.00    475.00    20,426  
  480.00    534.00    480.00    520.00    40,483  
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Open Value
488.0
479.60
Downside
475.0
Closing Value
496.40
Upside

Adcorp Trading Date Momentum on September 23, 2024

On September 25 2024 Adcorp was traded for  520.00  at the closing time. The highest price during the trading period was 534.00  and the lowest recorded bid was listed for  480.00 . The volume for the day was 40.5 K. This history from September 25, 2024 contributed to the next trading day price growth. The overall trading delta to the next closing price was 9.47% . The overall trading delta to the current price is 16.84% .

Adcorp Fundamentals Correlations and Trends

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

About Adcorp Stock history

Adcorp 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 Adcorp is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Adcorp 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 Adcorp stock prices may prove useful in developing a viable investing in Adcorp

Adcorp Stock Technical Analysis

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

Adcorp Period Price Range

Low
December 25, 2024
0.00  NaN%
High

 0.00 

     

 0.00 

Adcorp cannot be verified against its exchange. Please verify the symbol is currently traded on Johannesburg 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.

Adcorp December 25, 2024 Market Strength

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

Adcorp Technical and Predictive Indicators

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

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