Adcock Ingram (South Africa) Price on April 17, 2024

AIP Stock   6,633  52.00  0.78%   
If you're considering investing in Adcock Stock, it is important to understand the factors that can impact its price. As of today, the current price of Adcock Ingram stands at 6,633, as last reported on the 26th of December, with the highest price reaching 6,778 and the lowest price hitting 6,621 during the day. Adcock Ingram Holdings secures Sharpe Ratio (or Efficiency) of -0.0372, which signifies that the company had a -0.0372% return per unit of standard deviation over the last 3 months. Adcock Ingram Holdings exposes twenty-four different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm Adcock Ingram's mean deviation of 1.42, and Risk Adjusted Performance of 0.0015 to double-check the risk estimate we provide.
  
Adcock Stock price history is provided at the adjusted basis, taking into account all of the recent filings.

Sharpe Ratio = -0.0372

Best PortfolioBest Equity
Good Returns
Average Returns
Small Returns
CashSmall RiskAverage RiskHigh RiskHuge Risk
Negative ReturnsAIP

Estimated Market Risk

 1.73
  actual daily
15
85% of assets are more volatile

Expected Return

 -0.06
  actual daily
0
Most of other assets have higher returns

Risk-Adjusted Return

 -0.04
  actual daily
0
Most of other assets perform better
Based on monthly moving average Adcock Ingram 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 Adcock Ingram by adding Adcock Ingram to a well-diversified portfolio.

Adcock Ingram Valuation on April 17, 2024

It is possible to determine the worth of Adcock Ingram on a given historical date. On April 17, 2024 Adcock was worth 5454.0 at the beginning of the trading date compared to the closed value of 5427.0. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Adcock Ingram stock. Still, in general, we apply an absolute valuation method to find Adcock Ingram'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 Adcock Ingram where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Adcock Ingram's related companies.
 Open High Low Close Volume
  5,351    5,428    5,350    5,400    15,839  
04/17/2024
  5,454    5,454    5,375    5,427    15,463  
  5,350    5,500    5,350    5,472    30,884  
Backtest Adcock Ingram  |  Adcock Ingram History  |  Adcock Ingram Valuation   PreviousNext  
Open Value
5454.0
5427.0
Closing Value
5,459
Upside

Adcock Ingram Trading Date Momentum on April 17, 2024

On April 18 2024 Adcock Ingram Holdings was traded for  5,472  at the closing time. The highest price during the trading period was 5,500  and the lowest recorded bid was listed for  5,350 . The volume for the day was 30.9 K. This history from April 18, 2024 contributed to the next trading day price growth. The overall trading delta to the next closing price was 0.83% . The overall trading delta to the current price is 1.99% .

Adcock Ingram Holdings Fundamentals Correlations and Trends

By evaluating Adcock Ingram'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 Adcock Ingram's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Adcock financial account trend analysis is a perfect complement when working with valuation or volatility modules.

About Adcock Ingram Stock history

Adcock Ingram 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 Adcock is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Adcock Ingram Holdings 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 Adcock Ingram stock prices may prove useful in developing a viable investing in Adcock Ingram

Adcock Ingram Stock Technical Analysis

Adcock Ingram 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.
A focus of Adcock Ingram technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of Adcock Ingram trading pattern rather than external drivers such as economic, fundamental, or social events. It is believed that price action tends to repeat itself due to investors' collective, patterned behavior. Hence technical analysis focuses on identifiable price trends and conditions. More Info...

Price Boundaries

Adcock Ingram Period Price Range

Low
December 26, 2024
0.00  NaN%
High

 0.00 

     

 0.00 

Adcock Ingram Holdings 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.

Adcock Ingram December 26, 2024 Market Strength

Market strength indicators help investors to evaluate how Adcock Ingram stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Adcock Ingram shares will generate the highest return on investment. By undertsting and applying Adcock Ingram stock market strength indicators, traders can identify Adcock Ingram Holdings entry and exit signals to maximize returns

Adcock Ingram Technical and Predictive Indicators

Predictive indicators are helping investors to find signals for Adcock Ingram's price direction in advance. Along with the technical and fundamental analysis of Adcock Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Adcock 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.

Complementary Tools for Adcock Stock analysis

When running Adcock Ingram's price analysis, check to measure Adcock Ingram'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 Adcock Ingram is operating at the current time. Most of Adcock Ingram's value examination focuses on studying past and present price action to predict the probability of Adcock Ingram's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Adcock Ingram's price. Additionally, you may evaluate how the addition of Adcock Ingram to your portfolios can decrease your overall portfolio volatility.
Portfolio Volatility
Check portfolio volatility and analyze historical return density to properly model market risk
Price Ceiling Movement
Calculate and plot Price Ceiling Movement for different equity instruments
Portfolio Holdings
Check your current holdings and cash postion to detemine if your portfolio needs rebalancing
Odds Of Bankruptcy
Get analysis of equity chance of financial distress in the next 2 years
Headlines Timeline
Stay connected to all market stories and filter out noise. Drill down to analyze hype elasticity
Piotroski F Score
Get Piotroski F Score based on the binary analysis strategy of nine different fundamentals
Fundamental Analysis
View fundamental data based on most recent published financial statements
Analyst Advice
Analyst recommendations and target price estimates broken down by several categories
Sectors
List of equity sectors categorizing publicly traded companies based on their primary business activities