ALK Abell (Denmark) Price on October 4, 2024
ALK-B Stock | DKK 162.00 3.30 2.08% |
If you're considering investing in ALK Stock, it is important to understand the factors that can impact its price. As of today, the current price of ALK Abell stands at 162.00, as last reported on the 2nd of December, with the highest price reaching 162.40 and the lowest price hitting 158.10 during the day. ALK Abell AS secures Sharpe Ratio (or Efficiency) of -0.0494, which signifies that the company had a -0.0494% return per unit of return volatility over the last 3 months. ALK Abell AS exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm ALK Abell's Risk Adjusted Performance of (0.04), mean deviation of 1.53, and Coefficient Of Variation of (1,653) to double-check the risk estimate we provide.
ALK Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
ALK |
Sharpe Ratio = -0.0494
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Estimated Market Risk
2.13 actual daily | 18 82% of assets are more volatile |
Expected Return
-0.11 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
-0.05 actual daily | 0 Most of other assets perform better |
Based on monthly moving average ALK Abell 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 ALK Abell by adding ALK Abell to a well-diversified portfolio.
ALK Abell Valuation on October 4, 2024
It is possible to determine the worth of ALK Abell on a given historical date. On October 4, 2024 ALK was worth 167.0 at the beginning of the trading date compared to the closed value of 165.3. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of ALK Abell stock. Still, in general, we apply an absolute valuation method to find ALK Abell'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 ALK Abell where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against ALK Abell's related companies.
Open | High | Low | Close | Volume | |
168.90 | 168.90 | 166.20 | 167.00 | 144,114 | |
10/04/2024 | 167.00 | 167.50 | 164.50 | 165.30 | 150,636 |
166.10 | 169.10 | 165.90 | 168.00 | 134,149 |
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ALK Abell Trading Date Momentum on October 4, 2024
On October 07 2024 ALK Abell AS was traded for 168.00 at the closing time. The highest price during the trading period was 169.10 and the lowest recorded bid was listed for 165.90 . The volume for the day was 134.1 K. This history from October 7, 2024 contributed to the next trading day price growth. The overall trading delta to the next closing price was 1.63% . The overall trading delta to the current price is 0.18% . |
ALK Abell AS Fundamentals Correlations and Trends
By evaluating ALK Abell'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 ALK Abell's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. ALK financial account trend analysis is a perfect complement when working with valuation or volatility modules.About ALK Abell Stock history
ALK Abell 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 ALK is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in ALK Abell AS 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 ALK Abell stock prices may prove useful in developing a viable investing in ALK Abell
ALK-Abell AS, a pharmaceutical company, develops and markets products and services for allergy and allergic asthma in Europe, North America, and internationally. ALK-Abell AS was founded in 1923 and is headquartered in Hrsholm, Denmark. ALK Abell operates under Biotechnology classification in Denmark and is traded on Copenhagen Stock Exchange. It employs 2379 people.
ALK Abell Stock Technical Analysis
ALK Abell 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
ALK Abell Period Price Range
Low | December 2, 2024
| High |
0.00 | 0.00 |
ALK Abell AS cannot be verified against its exchange. Please verify the symbol is currently traded on Copenhagen 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.
ALK Abell December 2, 2024 Market Strength
Market strength indicators help investors to evaluate how ALK Abell stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading ALK Abell shares will generate the highest return on investment. By undertsting and applying ALK Abell stock market strength indicators, traders can identify ALK Abell AS entry and exit signals to maximize returns
ALK Abell Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for ALK Abell's price direction in advance. Along with the technical and fundamental analysis of ALK Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of ALK 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 | (0.04) | |||
Jensen Alpha | (0.15) | |||
Total Risk Alpha | (0.49) | |||
Treynor Ratio | (1.14) |
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Complementary Tools for ALK Stock analysis
When running ALK Abell's price analysis, check to measure ALK Abell'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 ALK Abell is operating at the current time. Most of ALK Abell's value examination focuses on studying past and present price action to predict the probability of ALK Abell's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move ALK Abell's price. Additionally, you may evaluate how the addition of ALK Abell to your portfolios can decrease your overall portfolio volatility.
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