AMAG Austria (Germany) Price on October 20, 2023

AM8 Stock  EUR 23.90  0.10  0.42%   
If you're considering investing in AMAG Stock, it is important to understand the factors that can impact its price. As of today, the current price of AMAG Austria stands at 23.90, as last reported on the 24th of December, with the highest price reaching 23.90 and the lowest price hitting 23.90 during the day. At this point, AMAG Austria is very steady. AMAG Austria Metall retains Efficiency (Sharpe Ratio) of 0.0322, which signifies that the company had a 0.0322% return per unit of risk over the last 3 months. We have found twenty-seven technical indicators for AMAG Austria, which you can use to evaluate the volatility of the firm. Please confirm AMAG Austria's market risk adjusted performance of 0.1203, and Coefficient Of Variation of 3590.73 to double-check if the risk estimate we provide is consistent with the expected return of 0.0514%.
  
AMAG Stock price history is provided at the adjusted basis, taking into account all of the recent filings.

Sharpe Ratio = 0.0322

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Estimated Market Risk

 1.6
  actual daily
14
86% of assets are more volatile

Expected Return

 0.05
  actual daily
0
Most of other assets have higher returns

Risk-Adjusted Return

 0.03
  actual daily
2
98% of assets perform better
Based on monthly moving average AMAG Austria is performing at about 2% 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 AMAG Austria by adding it to a well-diversified portfolio.

AMAG Austria Valuation on October 20, 2023

It is possible to determine the worth of AMAG Austria on a given historical date. On October 20, 2023 AMAG was worth 26.37 at the beginning of the trading date compared to the closed value of 26.37. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of AMAG Austria stock. Still, in general, we apply an absolute valuation method to find AMAG Austria'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 AMAG Austria where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against AMAG Austria's related companies.
 Open High Low Close Volume
  26.65    26.65    26.65    26.65    1.00  
10/20/2023
  26.37    26.37    26.37    26.37    1.00  
  26.46    26.46    26.46    26.46    1.00  
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Open Value
26.37
26.37
Closing Value
31.16
Upside

AMAG Austria Trading Date Momentum on October 20, 2023

On October 23 2023 AMAG Austria Metall was traded for  26.46  at the closing time. The highest daily price throughout the period was 26.46  and the lowest price was  26.46 . There was no trading activity during the period 1.0. Lack of trading volume on 10/23/2023 added to the next day price rise. The overall trading delta to closing price of the next trading day was 0.34% . The overall trading delta to current closing price is 0.72% .

AMAG Austria Metall Fundamentals Correlations and Trends

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

About AMAG Austria Stock history

AMAG Austria 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 AMAG is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in AMAG Austria Metall 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 AMAG Austria stock prices may prove useful in developing a viable investing in AMAG Austria
AMAG Austria Metall AG, together with its subsidiaries, produces, processes, and distributes aluminum, and aluminum wrought and cast products. AMAG Austria Metall AG is headquartered in Ranshofen, Austria. AMAG AUSTRIA operates under Aluminum classification in Germany and is traded on Frankfurt Stock Exchange. It employs 1983 people.

AMAG Austria Stock Technical Analysis

AMAG Austria 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 AMAG Austria technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of AMAG Austria 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

AMAG Austria Period Price Range

Low
December 24, 2024
0.00  NaN%
High

 0.00 

     

 0.00 

AMAG Austria Metall cannot be verified against its exchange. Please verify the symbol is currently traded on Frankfurt 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.

AMAG Austria December 24, 2024 Market Strength

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

AMAG Austria Technical and Predictive Indicators

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

When running AMAG Austria's price analysis, check to measure AMAG Austria'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 AMAG Austria is operating at the current time. Most of AMAG Austria's value examination focuses on studying past and present price action to predict the probability of AMAG Austria's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move AMAG Austria's price. Additionally, you may evaluate how the addition of AMAG Austria to your portfolios can decrease your overall portfolio volatility.
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