Allied Electronics (South Africa) Price on October 24, 2024
| AEL Stock | 2,051 49.00 2.33% |
If you're considering investing in Allied Stock, it is important to understand the factors that can impact its price. As of today, the current price of Allied Electronics stands at 2,051, as last reported on the 12th of December 2024, with the highest price reaching 2,181 and the lowest price hitting 2,047 during the day. Allied Electronics appears to be very steady, given 3 months investment horizon. Allied Electronics secures Sharpe Ratio (or Efficiency) of 0.15, which signifies that the company had a 0.15% return per unit of risk over the last 3 months. We have found twenty-nine technical indicators for Allied Electronics, which you can use to evaluate the volatility of the firm. Please makes use of Allied Electronics' Mean Deviation of 1.49, downside deviation of 2.41, and Risk Adjusted Performance of 0.1188 to double-check if our risk estimates are consistent with your expectations.
Allied Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
Allied |
Sharpe Ratio = 0.1478
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Estimated Market Risk
| 2.04 actual daily | 18 82% of assets are more volatile |
Expected Return
| 0.3 actual daily | 5 95% of assets have higher returns |
Risk-Adjusted Return
| 0.15 actual daily | 11 89% of assets perform better |
Based on monthly moving average Allied Electronics is performing at about 11% 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 Allied Electronics by adding it to a well-diversified portfolio.
Allied Electronics Valuation on October 24, 2024
It is possible to determine the worth of Allied Electronics on a given historical date. On October 24, 2024 Allied was worth 1943.0 at the beginning of the trading date compared to the closed value of 1821.0. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Allied Electronics stock. Still, in general, we apply an absolute valuation method to find Allied Electronics' 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 Allied Electronics where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Allied Electronics' related companies.
| Open | High | Low | Close | Volume | |
| 1,938 | 1,938 | 1,860 | 1,935 | 280,742 | |
10/24/2024 | 1,943 | 1,943 | 1,800 | 1,821 | 483,751 |
| 1,943 | 1,943 | 1,800 | 1,801 | 63,916 |
| Backtest Allied Electronics | | | Allied Electronics History | | | Allied Electronics Valuation | Previous | Next |
Allied Electronics Trading Date Momentum on October 24, 2024
| On October 25 2024 Allied Electronics was traded for 1,801 at the closing time. The highest price during the trading period was 1,943 and the lowest recorded bid was listed for 1,800 . The volume for the day was 63.9 K. This history from October 25, 2024 contributed to the next trading day price decline. The overall trading delta to the next closing price was 1.10% . The overall trading delta to the current price is 0.44% . |
Allied Electronics Fundamentals Correlations and Trends
By evaluating Allied Electronics' financials over time, investors can gain insight into future company performance. However, you can also analyze the published financial statements to find patterns among Allied Electronics' main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Allied financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Allied Electronics Stock history
Allied Electronics 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 Allied is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Allied Electronics 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 Allied Electronics stock prices may prove useful in developing a viable investing in Allied Electronics
Allied Electronics Stock Technical Analysis
Allied Electronics 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
Allied Electronics Period Price Range
Low | December 12, 2024
| High |
0.00 | 0.00 |
Allied Electronics 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.
Allied Electronics December 12, 2024 Market Strength
Market strength indicators help investors to evaluate how Allied Electronics stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Allied Electronics shares will generate the highest return on investment. By undertsting and applying Allied Electronics stock market strength indicators, traders can identify Allied Electronics entry and exit signals to maximize returns
Allied Electronics Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Allied Electronics' price direction in advance. Along with the technical and fundamental analysis of Allied Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Allied 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 | 0.1188 | |||
| Jensen Alpha | 0.3097 | |||
| Total Risk Alpha | (0.02) | |||
| Sortino Ratio | 0.0789 | |||
| Treynor Ratio | (7.38) |
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| Math Transform | ||
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| Volume Indicators |
Complementary Tools for Allied Stock analysis
When running Allied Electronics' price analysis, check to measure Allied Electronics' 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 Allied Electronics is operating at the current time. Most of Allied Electronics' value examination focuses on studying past and present price action to predict the probability of Allied Electronics' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Allied Electronics' price. Additionally, you may evaluate how the addition of Allied Electronics to your portfolios can decrease your overall portfolio volatility.
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