Associated Alcohols (India) Price on October 22, 2024
| ASALCBR Stock | 1,079 37.95 3.40% |
Below is the normalized historical share price chart for Associated Alcohols Breweries extending back to February 12, 2020. This chart has been adjusted for all splits and dividends and is plotted against all major global economic recessions. As of today, the current price of Associated Alcohols stands at 1,079, as last reported on the 23rd of December, with the highest price reaching 1,148 and the lowest price hitting 1,070 during the day.
If you're considering investing in Associated Stock, it is important to understand the factors that can impact its price. Currently, Associated Alcohols Breweries is very steady. Associated Alcohols secures Sharpe Ratio (or Efficiency) of 0.0691, which signifies that the company had a 0.0691% return per unit of risk over the last 3 months. We have found twenty-nine technical indicators for Associated Alcohols Breweries, which you can use to evaluate the volatility of the firm. Please confirm Associated Alcohols' Mean Deviation of 1.85, downside deviation of 2.67, and Risk Adjusted Performance of 0.0594 to double-check if the risk estimate we provide is consistent with the expected return of 0.18%.
At this time, Associated Alcohols' Total Stockholder Equity is relatively stable compared to the past year. As of 12/23/2024, Liabilities And Stockholders Equity is likely to grow to about 6.5 B, while Other Stockholder Equity is likely to drop slightly above 13.9 M. . Associated Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
200 Day MA 761.3685 | 50 Day MA 969.927 | Beta 0.352 |
Associated |
Sharpe Ratio = 0.0691
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Estimated Market Risk
| 2.59 actual daily | 23 77% of assets are more volatile |
Expected Return
| 0.18 actual daily | 3 97% of assets have higher returns |
Risk-Adjusted Return
| 0.07 actual daily | 5 95% of assets perform better |
Based on monthly moving average Associated Alcohols is performing at about 5% 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 Associated Alcohols by adding it to a well-diversified portfolio.
Price Book 4.3155 | Enterprise Value Ebitda 20.0507 | Price Sales 2.1132 | Shares Float 6.9 M | Dividend Share 2 |
Associated Alcohols Valuation on October 22, 2024
It is possible to determine the worth of Associated Alcohols on a given historical date. On October 22, 2024 Associated was worth 914.8 at the beginning of the trading date compared to the closed value of 893.75. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Associated Alcohols stock. Still, in general, we apply an absolute valuation method to find Associated Alcohols' 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 Associated Alcohols where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Associated Alcohols' related companies.
| Open | High | Low | Close | Volume | |
| 932.85 | 954.40 | 908.70 | 914.80 | 29,854 | |
10/22/2024 | 914.80 | 923.95 | 871.00 | 893.75 | 49,302 |
| 904.95 | 923.00 | 875.00 | 905.95 | 43,589 |
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Associated Alcohols Trading Date Momentum on October 22, 2024
| On October 23 2024 Associated Alcohols Breweries was traded for 905.95 at the closing time. The highest price during the trading period was 923.00 and the lowest recorded bid was listed for 875.00 . The volume for the day was 43.6 K. This history from October 23, 2024 contributed to the next trading day price gain. The overall trading delta to the next closing price was 1.37% . The overall trading delta to the current price is 3.14% . |
Associated Alcohols Fundamentals Correlations and Trends
By evaluating Associated Alcohols' financials over time, investors can gain insight into future company performance. However, you can also analyze the published financial statements to find patterns among Associated Alcohols' main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Associated financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Associated Alcohols Stock history
Associated Alcohols 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 Associated is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Associated Alcohols 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 Associated Alcohols stock prices may prove useful in developing a viable investing in Associated Alcohols
| Last Reported | Projected for Next Year | ||
| Common Stock Shares Outstanding | 18.1 M | 14.5 M | |
| Net Income Applicable To Common Shares | 699.3 M | 400.3 M |
Associated Alcohols Quarterly Net Working Capital |
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Associated Alcohols Stock Technical Analysis
Associated Alcohols 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
Associated Alcohols Period Price Range
Low | December 23, 2024
| High |
0.00 | 0.00 |
Associated Alcohols Breweries cannot be verified against its exchange. Please verify the symbol is currently traded on National Stock Exchange of India. 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.
Associated Alcohols December 23, 2024 Market Strength
Market strength indicators help investors to evaluate how Associated Alcohols stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Associated Alcohols shares will generate the highest return on investment. By undertsting and applying Associated Alcohols stock market strength indicators, traders can identify Associated Alcohols Breweries entry and exit signals to maximize returns
Associated Alcohols Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Associated Alcohols' price direction in advance. Along with the technical and fundamental analysis of Associated Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Associated 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 | 0.0594 | |||
| Jensen Alpha | 0.1537 | |||
| Total Risk Alpha | 0.0881 | |||
| Sortino Ratio | 0.0515 | |||
| Treynor Ratio | 0.5735 |
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Additional Tools for Associated Stock Analysis
When running Associated Alcohols' price analysis, check to measure Associated Alcohols' 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 Associated Alcohols is operating at the current time. Most of Associated Alcohols' value examination focuses on studying past and present price action to predict the probability of Associated Alcohols' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Associated Alcohols' price. Additionally, you may evaluate how the addition of Associated Alcohols to your portfolios can decrease your overall portfolio volatility.