Artego Tg (Romania) Price on December 15, 2023
| ARTE Stock | 16.40 0.10 0.61% |
If you're considering investing in Artego Stock, it is important to understand the factors that can impact its price. As of today, the current price of Artego Tg stands at 16.40, as last reported on the 15th of December 2024, with the highest price reaching 16.40 and the lowest price hitting 16.40 during the day. As of now, Artego Stock is not too volatile. Artego Tg Jiu secures Sharpe Ratio (or Efficiency) of 0.0557, which signifies that the company had a 0.0557% return per unit of risk over the last 3 months. We have found twenty-eight technical indicators for Artego Tg Jiu, which you can use to evaluate the volatility of the firm. Please confirm Artego Tg's Downside Deviation of 5.22, mean deviation of 1.52, and Risk Adjusted Performance of 0.0201 to double-check if the risk estimate we provide is consistent with the expected return of 0.15%.
Artego Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
Artego |
Sharpe Ratio = 0.0557
| Best Portfolio | Best Equity | |||
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| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
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Estimated Market Risk
| 2.72 actual daily | 24 76% of assets are more volatile |
Expected Return
| 0.15 actual daily | 2 98% of assets have higher returns |
Risk-Adjusted Return
| 0.06 actual daily | 4 96% of assets perform better |
Based on monthly moving average Artego Tg is performing at about 4% 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 Artego Tg by adding it to a well-diversified portfolio.
Artego Tg Valuation on December 15, 2023
It is possible to determine the worth of Artego Tg on a given historical date. On December 15, 2023 Artego was worth 15.83 at the beginning of the trading date compared to the closed value of 15.83. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Artego Tg stock. Still, in general, we apply an absolute valuation method to find Artego Tg'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 Artego Tg where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Artego Tg's related companies.
| Open | High | Low | Close | Volume | |
| 17.09 | 17.09 | 15.83 | 15.83 | 172.00 | |
12/15/2023 | 15.83 | 15.83 | 15.83 | 15.83 | 1.00 |
| 15.45 | 15.89 | 15.45 | 15.73 | 45.00 |
| Backtest Artego Tg | | | Artego Tg History | Previous | Next |
Artego Tg Trading Date Momentum on December 15, 2023
| On December 18 2023 Artego Tg Jiu was traded for 15.73 at the closing time. The highest price during the trading period was 15.89 and the lowest recorded bid was listed for 15.45 . The volume for the day was 45.0. This history from December 18, 2023 contributed to the next trading day price decline. The overall trading delta to the next closing price was 0.63% . The overall trading delta to the current price is 0.00% . |
About Artego Tg Stock history
Artego Tg 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 Artego is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Artego Tg Jiu 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 Artego Tg stock prices may prove useful in developing a viable investing in Artego Tg
Artego Tg Stock Technical Analysis
Artego Tg 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
Artego Tg Period Price Range
Low | December 15, 2024
| High |
0.00 | 0.00 |
Artego Tg Jiu cannot be verified against its exchange. Please verify the symbol is currently traded on Bucharest Stock 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.
Artego Tg December 15, 2024 Market Strength
Market strength indicators help investors to evaluate how Artego Tg stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Artego Tg shares will generate the highest return on investment. By undertsting and applying Artego Tg stock market strength indicators, traders can identify Artego Tg Jiu entry and exit signals to maximize returns
Artego Tg Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Artego Tg's price direction in advance. Along with the technical and fundamental analysis of Artego Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Artego 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 | 0.0201 | |||
| Jensen Alpha | 0.1244 | |||
| Total Risk Alpha | (0.31) | |||
| Sortino Ratio | (0.01) | |||
| Treynor Ratio | (0.04) |
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Other Information on Investing in Artego Stock
Artego Tg financial ratios help investors to determine whether Artego Stock is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in Artego with respect to the benefits of owning Artego Tg security.