Alexander Forbes (South Africa) Price on December 19, 2024
| AFH Stock | 814.00 16.00 1.93% |
If you're considering investing in Alexander Stock, it is important to understand the factors that can impact its price. As of today, the current price of Alexander Forbes stands at 814.00, as last reported on the 23rd of December, with the highest price reaching 829.00 and the lowest price hitting 789.00 during the day. Alexander Forbes appears to be very steady, given 3 months investment horizon. Alexander Forbes Grp 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. We have found twenty-nine technical indicators for Alexander Forbes Grp, which you can use to evaluate the volatility of the firm. Please makes use of Alexander Forbes' risk adjusted performance of 0.1075, and Mean Deviation of 2.26 to double-check if our risk estimates are consistent with your expectations.
Alexander Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
Alexander |
Sharpe Ratio = 0.1454
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Estimated Market Risk
| 2.64 actual daily | 23 77% of assets are more volatile |
Expected Return
| 0.38 actual daily | 7 93% of assets have higher returns |
Risk-Adjusted Return
| 0.15 actual daily | 11 89% of assets perform better |
Based on monthly moving average Alexander Forbes 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 Alexander Forbes by adding it to a well-diversified portfolio.
Alexander Forbes Valuation on December 19, 2024
It is possible to determine the worth of Alexander Forbes on a given historical date. On December 19, 2024 Alexander was worth 733.0 at the beginning of the trading date compared to the closed value of 754.0. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Alexander Forbes stock. Still, in general, we apply an absolute valuation method to find Alexander Forbes' 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 Alexander Forbes where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Alexander Forbes' related companies.
| Open | High | Low | Close | Volume | |
| 754.00 | 754.00 | 729.00 | 753.00 | 11,123 | |
12/19/2024 | 733.00 | 754.00 | 732.00 | 754.00 | 115,998 |
| 754.00 | 830.00 | 735.00 | 830.00 | 123,196 |
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Alexander Forbes Trading Date Momentum on December 19, 2024
| On December 20 2024 Alexander Forbes Grp was traded for 830.00 at the closing time. The highest price during the trading period was 830.00 and the lowest recorded bid was listed for 735.00 . The volume for the day was 123.2 K. This history from December 20, 2024 contributed to the next trading day price growth. The overall trading delta to the next closing price was 10.08% . The overall trading delta to the current price is 8.75% . |
Alexander Forbes Grp Fundamentals Correlations and Trends
By evaluating Alexander Forbes' financials over time, investors can gain insight into future company performance. However, you can also analyze the published financial statements to find patterns among Alexander Forbes' main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Alexander financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Alexander Forbes Stock history
Alexander Forbes 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 Alexander is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Alexander Forbes Grp 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 Alexander Forbes stock prices may prove useful in developing a viable investing in Alexander Forbes
Alexander Forbes Stock Technical Analysis
Alexander Forbes 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
Alexander Forbes Period Price Range
Low | December 23, 2024
| High |
0.00 | 0.00 |
Alexander Forbes Grp 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.
Alexander Forbes December 23, 2024 Market Strength
Market strength indicators help investors to evaluate how Alexander Forbes stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Alexander Forbes shares will generate the highest return on investment. By undertsting and applying Alexander Forbes stock market strength indicators, traders can identify Alexander Forbes Grp entry and exit signals to maximize returns
Alexander Forbes Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Alexander Forbes' price direction in advance. Along with the technical and fundamental analysis of Alexander Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Alexander 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 | 0.1075 | |||
| Jensen Alpha | 0.3548 | |||
| Total Risk Alpha | 0.2861 | |||
| Sortino Ratio | 0.1288 | |||
| Treynor Ratio | 0.5319 |
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| Volume Indicators |
Complementary Tools for Alexander Stock analysis
When running Alexander Forbes' price analysis, check to measure Alexander Forbes' 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 Alexander Forbes is operating at the current time. Most of Alexander Forbes' value examination focuses on studying past and present price action to predict the probability of Alexander Forbes' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Alexander Forbes' price. Additionally, you may evaluate how the addition of Alexander Forbes to your portfolios can decrease your overall portfolio volatility.
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