Adcock Ingram (South Africa) Price on November 16, 2023

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 27th 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 -0.0438, which signifies that the company had a -0.0438% return per unit of standard deviation over the last 3 months. Adcock Ingram Holdings exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm Adcock Ingram's risk adjusted performance of 0.0015, and Mean Deviation of 1.42 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 = -0.0438

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Estimated Market Risk

 1.74
  actual daily
15
85% of assets are more volatile

Expected Return

 -0.08
  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 November 16, 2023

It is possible to determine the worth of Adcock Ingram on a given historical date. On November 16, 2023 Adcock was worth 5483.0 at the beginning of the trading date compared to the closed value of 5484.0. 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
  5,450    5,617    5,397    5,490    47,451  
11/16/2023
  5,483    5,505    5,319    5,484    27,476  
  5,241    5,484    5,241    5,440    4,934  
Backtest Adcock Ingram  |  Adcock Ingram History  |  Adcock Ingram Valuation   PreviousNext  
Open Value
5483.0
5484.0
Closing Value
5,488
Upside

Adcock Ingram Trading Date Momentum on November 16, 2023

On November 17 2023 Adcock Ingram Holdings was traded for  5,440  at the closing time. The highest price during the trading period was 5,484  and the lowest recorded bid was listed for  5,241 . The volume for the day was 4.9 K. This history from November 17, 2023 contributed to the next trading day price decline. The overall trading delta to the next closing price was 0.80% . The overall trading delta to the current price is 1.29% .

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 27, 2024
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High

 0.00 

     

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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 27, 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.
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