Andritz Ag Stock Price on June 12, 2024
ADRZF Stock | USD 50.65 1.25 2.41% |
If you're considering investing in Andritz Pink Sheet, it is important to understand the factors that can impact its price. As of today, the current price of Andritz AG stands at 50.65, as last reported on the 21st of December, with the highest price reaching 50.65 and the lowest price hitting 50.65 during the day. Andritz AG secures Sharpe Ratio (or Efficiency) of -0.15, which signifies that the company had a -0.15% return per unit of standard deviation over the last 3 months. Andritz AG exposes nineteen different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm Andritz AG's risk adjusted performance of (0.07), and Mean Deviation of 0.8949 to double-check the risk estimate we provide.
Andritz Pink Sheet price history is provided at the adjusted basis, taking into account all of the recent filings.
Andritz |
Sharpe Ratio = -0.1512
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Estimated Market Risk
3.15 actual daily | 28 72% of assets are more volatile |
Expected Return
-0.48 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
-0.15 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Andritz AG 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 Andritz AG by adding Andritz AG to a well-diversified portfolio.
Andritz AG Valuation on June 12, 2024
It is possible to determine the worth of Andritz AG on a given historical date. On June 12, 2024 Andritz was worth 65.33 at the beginning of the trading date compared to the closed value of 65.33. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Andritz AG pink sheet. Still, in general, we apply an absolute valuation method to find Andritz AG'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 Andritz AG where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Andritz AG's related companies.
Open | High | Low | Close | Volume | |
60.09 | 60.09 | 60.09 | 60.09 | 1.00 | |
06/12/2024 | 65.33 | 65.33 | 65.33 | 65.33 | 400.00 |
65.33 | 65.33 | 65.33 | 65.33 | 1.00 |
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Andritz AG Trading Date Momentum on June 12, 2024
On June 13 2024 Andritz AG was traded for 65.33 at the closing time. The highest daily price throughout the period was 65.33 and the lowest price was 65.33 . There was no trading activity during the period 1.0. Lack of trading volume on 06/13/2024 did not affect price variability. The overall trading delta to current closing price is 6.58% . |
Andritz AG Fundamentals Correlations and Trends
By evaluating Andritz AG'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 Andritz AG's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Andritz financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Andritz AG Pink Sheet history
Andritz AG 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 Andritz is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Andritz AG 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 Andritz AG stock prices may prove useful in developing a viable investing in Andritz AG
Andritz AG provides plants, equipment, and services for pulp and paper industry, metalworking and steel industries, hydropower stations, and solidliquid separation in the municipal and industrial sectors. The company was founded in 1852 and is headquartered in Graz, Austria. Andritz Ag operates under Industrial Distribution classification in the United States and is traded on OTC Exchange. It employs 27428 people.
Andritz AG Pink Sheet Technical Analysis
Andritz AG technical pink sheet 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, pink sheet market cycles, or different charting patterns.
Price Boundaries
Andritz AG Period Price Range
Low | December 21, 2024
| High |
0.00 | 0.00 |
Andritz AG cannot be verified against its exchange. Please verify the symbol is currently traded on PINK 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.
Andritz AG December 21, 2024 Market Strength
Market strength indicators help investors to evaluate how Andritz AG pink sheet reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Andritz AG shares will generate the highest return on investment. By undertsting and applying Andritz AG pink sheet market strength indicators, traders can identify Andritz AG entry and exit signals to maximize returns
Andritz AG Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Andritz AG's price direction in advance. Along with the technical and fundamental analysis of Andritz Pink Sheet historical price patterns, it is also worthwhile for investors to track various predictive indicators of Andritz 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 | (0.07) | |||
Jensen Alpha | (0.33) | |||
Total Risk Alpha | (0.42) | |||
Treynor Ratio | (4.35) |
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Complementary Tools for Andritz Pink Sheet analysis
When running Andritz AG's price analysis, check to measure Andritz AG'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 Andritz AG is operating at the current time. Most of Andritz AG's value examination focuses on studying past and present price action to predict the probability of Andritz AG's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Andritz AG's price. Additionally, you may evaluate how the addition of Andritz AG to your portfolios can decrease your overall portfolio volatility.
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