Adidas AG (Germany) Price on August 14, 2024
| ADS1 Stock | EUR 117.00 1.00 0.85% |
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 117.00, as last reported on the 26th of December, with the highest price reaching 117.00 and the lowest price hitting 117.00 during the day. At this point, Adidas AG is very steady. adidas AG secures Sharpe Ratio (or Efficiency) of 0.0165, which signifies that the company had a 0.0165% return per unit of risk over the last 3 months. We have found twenty-eight technical indicators for adidas AG, which you can use to evaluate the volatility of the firm. Please confirm Adidas AG's Semi Deviation of 1.53, downside deviation of 2.04, and Risk Adjusted Performance of 0.0629 to double-check if the risk estimate we provide is consistent with the expected return of 0.0312%.
Adidas Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
Adidas |
Sharpe Ratio = 0.0165
| Best Portfolio | Best Equity | |||
| Good Returns | ||||
| Average Returns | ||||
| Small Returns | ||||
| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
| Negative Returns | ADS1 |
Estimated Market Risk
| 1.89 actual daily | 16 84% of assets are more volatile |
Expected Return
| 0.03 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 August 14, 2024
It is possible to determine the worth of Adidas AG on a given historical date. On August 14, 2024 Adidas was worth 106.0 at the beginning of the trading date compared to the closed value of 107.0. 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 | |
| 106.00 | 106.00 | 106.00 | 106.00 | 17.00 | |
08/14/2024 | 106.00 | 107.00 | 106.00 | 107.00 | 17.00 |
| 108.00 | 108.00 | 108.00 | 108.00 | 17.00 |
| Backtest Adidas AG | | | Adidas AG History | | | Adidas AG Valuation | Previous | Next |
Adidas AG Trading Date Momentum on August 14, 2024
| On August 15 2024 adidas AG was traded for 108.00 at the closing time. The maximum traded price for the trading interval was 108.00 and the lowest daily price was 108.00 . The daily volume was recorded at 17.0. The volume of trading on 15th of August 2024 played a part in the next trading day price rise. The overall trading delta to the next closing price was 0.93% . The trading date delta to the closing price today is 0.93% . |
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 26, 2024
| High |
0.00 | 0.00 |
adidas AG 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.
Adidas AG December 26, 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 | 0.0629 | |||
| Jensen Alpha | 0.1363 | |||
| Total Risk Alpha | 0.0447 | |||
| Sortino Ratio | 0.047 | |||
| Treynor Ratio | (0.78) |
| Cycle Indicators | ||
| Math Operators | ||
| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
Complementary 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.
| Commodity Channel Use Commodity Channel Index to analyze current equity momentum | |
| Portfolio Suggestion Get suggestions outside of your existing asset allocation including your own model portfolios | |
| Equity Search Search for actively traded equities including funds and ETFs from over 30 global markets | |
| Portfolio Backtesting Avoid under-diversification and over-optimization by backtesting your portfolios | |
| Instant Ratings Determine any equity ratings based on digital recommendations. Macroaxis instant equity ratings are based on combination of fundamental analysis and risk-adjusted market performance | |
| Bollinger Bands Use Bollinger Bands indicator to analyze target price for a given investing horizon | |
| Premium Stories Follow Macroaxis premium stories from verified contributors across different equity types, categories and coverage scope | |
| Economic Indicators Top statistical indicators that provide insights into how an economy is performing | |
| Equity Valuation Check real value of public entities based on technical and fundamental data |