Akzo Nobel Nv Stock Price on October 8, 2024
AKZOF Stock | USD 57.75 1.25 2.12% |
If you're considering investing in Akzo OTC Stock, it is important to understand the factors that can impact its price. As of today, the current price of Akzo Nobel stands at 57.75, as last reported on the 30th of November, with the highest price reaching 57.75 and the lowest price hitting 57.75 during the day. At this point, Akzo Nobel is very steady. Akzo Nobel NV secures Sharpe Ratio (or Efficiency) of 0.0182, which signifies that the company had a 0.0182% return per unit of risk over the last 3 months. We have found twenty-two technical indicators for Akzo Nobel NV, which you can use to evaluate the volatility of the firm. Please confirm Akzo Nobel's Standard Deviation of 2.05, mean deviation of 0.6528, and Risk Adjusted Performance of 0.0199 to double-check if the risk estimate we provide is consistent with the expected return of 0.0384%.
Akzo OTC Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
Akzo |
Sharpe Ratio = 0.0182
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Estimated Market Risk
2.1 actual daily | 18 82% of assets are more volatile |
Expected Return
0.04 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 Akzo Nobel 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 Akzo Nobel by adding it to a well-diversified portfolio.
Related Headline
Ecolab Headline on 8th of October 2024
Disposition of 1769 shares by Jandeen Boone of Ecolab subjec... by Jandeen Boone
Filed transaction by Ecolab Inc Officer: Evp, Gc, Sec & Interim Cco. Disposition to the issuer of issuer equity securities pursuant to Rule 16b-3(e)
Akzo Nobel Valuation on October 8, 2024
It is possible to determine the worth of Akzo Nobel on a given historical date. On October 8, 2024 Akzo was worth 67.33 at the beginning of the trading date compared to the closed value of 67.33. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Akzo Nobel otc stock. Still, in general, we apply an absolute valuation method to find Akzo Nobel'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 Akzo Nobel where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Akzo Nobel's related companies.
Open | High | Low | Close | Volume | |
68.05 | 68.05 | 68.05 | 68.05 | 1.00 | |
10/08/2024 | 67.33 | 67.33 | 67.33 | 67.33 | 152.00 |
67.33 | 67.33 | 67.33 | 67.33 | 1.00 |
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Akzo Nobel Trading Date Momentum on October 8, 2024
On October 09 2024 Akzo Nobel NV was traded for 67.33 at the closing time. The highest daily price throughout the period was 67.33 and the lowest price was 67.33 . There was no trading activity during the period 1.0. Lack of trading volume on 10/09/2024 did not affect price variability. The overall trading delta to current closing price is 0.34% . |
Akzo Nobel NV Fundamentals Correlations and Trends
By evaluating Akzo Nobel'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 Akzo Nobel's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Akzo financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Akzo Nobel OTC Stock history
Akzo Nobel 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 Akzo is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Akzo Nobel NV 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 Akzo Nobel stock prices may prove useful in developing a viable investing in Akzo Nobel
Akzo Nobel N.V. engages in the production and sale of paints and coatings worldwide. Akzo Nobel N.V. was founded in 1646 and is headquartered in Amsterdam, the Netherlands. Akzo Nobel is traded on OTC Exchange in the United States.
Akzo Nobel OTC Stock Technical Analysis
Akzo Nobel technical otc 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, otc market cycles, or different charting patterns.
Price Boundaries
Akzo Nobel Period Price Range
Low | November 30, 2024
| High |
0.00 | 0.00 |
Akzo Nobel NV cannot be verified against its exchange. Please verify the symbol is currently traded on OTCQX 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.
Akzo Nobel November 30, 2024 Market Strength
Market strength indicators help investors to evaluate how Akzo Nobel otc stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Akzo Nobel shares will generate the highest return on investment. By undertsting and applying Akzo Nobel otc stock market strength indicators, traders can identify Akzo Nobel NV entry and exit signals to maximize returns
Akzo Nobel Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Akzo Nobel's price direction in advance. Along with the technical and fundamental analysis of Akzo OTC Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Akzo 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 | 0.0199 | |||
Jensen Alpha | 0.0375 | |||
Total Risk Alpha | (0.32) | |||
Treynor Ratio | (0.31) |
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Complementary Tools for Akzo OTC Stock analysis
When running Akzo Nobel's price analysis, check to measure Akzo Nobel'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 Akzo Nobel is operating at the current time. Most of Akzo Nobel's value examination focuses on studying past and present price action to predict the probability of Akzo Nobel's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Akzo Nobel's price. Additionally, you may evaluate how the addition of Akzo Nobel to your portfolios can decrease your overall portfolio volatility.
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