Adidas AG (Germany) Price on July 1, 2024
| ADS Stock | 238.20 21.40 1.16% |
If you're considering investing in Adidas Stock, it is important to understand the factors that can impact its price. As of today, the current price of Adidas AG stands at 236.00, as last reported on the 30th of December, with the highest price reaching 237.60 and the lowest price hitting 232.50 during the day. Currently, adidas AG is very steady. adidas AG secures Sharpe Ratio (or Efficiency) of 0.0213, which signifies that the company had a 0.0213% return per unit of risk over the last 3 months. We have found thirty technical indicators for adidas AG, which you can use to evaluate the volatility of the firm. Please confirm Adidas AG's Semi Deviation of 1.86, risk adjusted performance of 0.0224, and Downside Deviation of 1.98 to double-check if the risk estimate we provide is consistent with the expected return of 0.0366%.
Adidas Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
Adidas |
Sharpe Ratio = 0.0213
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Estimated Market Risk
| 1.72 actual daily | 15 85% of assets are more volatile |
Expected Return
| 0.04 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| 0.02 actual daily | 1 99% of assets perform better |
Based on monthly moving average Adidas AG 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 Adidas AG by adding it to a well-diversified portfolio.
Adidas AG Valuation on July 1, 2024
It is possible to determine the worth of Adidas AG on a given historical date. On July 1, 2024 Adidas was worth 224.4 at the beginning of the trading date compared to the closed value of 219.5. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Adidas AG stock. Still, in general, we apply an absolute valuation method to find Adidas 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 Adidas AG where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Adidas AG's related companies.
| Open | High | Low | Close | Volume | |
| 223.40 | 226.40 | 220.40 | 223.00 | 893,100 | |
07/01/2024 | 224.40 | 225.30 | 219.50 | 219.50 | 495,056 |
| 219.40 | 220.10 | 211.30 | 216.00 | 451,962 |
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Adidas AG Trading Date Momentum on July 1, 2024
| On July 02 2024 adidas AG was traded for 216.00 at the closing time. The highest price during the trading period was 220.10 and the lowest recorded bid was listed for 211.30 . The volume for the day was 452 K. This history from July 2, 2024 contributed to the next trading day price decline. The overall trading delta to the next closing price was 1.59% . The trading date delta to the current price is 1.50% . |
adidas AG Fundamentals Correlations and Trends
By evaluating Adidas 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 Adidas AG's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Adidas financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Adidas AG Stock history
Adidas 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 Adidas is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in adidas 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 Adidas AG stock prices may prove useful in developing a viable investing in Adidas AG
Adidas AG Stock Technical Analysis
Adidas AG 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
Adidas AG Period Price Range
Low | December 30, 2024
| High |
0.00 | 0.00 |
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Adidas AG December 30, 2024 Market Strength
Market strength indicators help investors to evaluate how Adidas AG stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Adidas AG shares will generate the highest return on investment. By undertsting and applying Adidas AG stock market strength indicators, traders can identify adidas AG entry and exit signals to maximize returns
Adidas AG Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Adidas AG's price direction in advance. Along with the technical and fundamental analysis of Adidas Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Adidas 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 | 0.0224 | |||
| Jensen Alpha | 0.032 | |||
| Total Risk Alpha | (0.02) | |||
| Sortino Ratio | 0.0022 | |||
| Treynor Ratio | (0.11) |
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Additional Tools for Adidas Stock Analysis
When running Adidas AG's price analysis, check to measure Adidas 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 Adidas AG is operating at the current time. Most of Adidas AG's value examination focuses on studying past and present price action to predict the probability of Adidas 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 Adidas AG's price. Additionally, you may evaluate how the addition of Adidas AG to your portfolios can decrease your overall portfolio volatility.