Ascendis Health (South Africa) Price on December 19, 2024
| ASC Stock | 94.00 3.00 3.09% |
If you're considering investing in Ascendis Stock, it is important to understand the factors that can impact its price. As of today, the current price of Ascendis Health stands at 94.00, as last reported on the 7th of January, with the highest price reaching 94.00 and the lowest price hitting 89.00 during the day. Ascendis Health appears to be very steady, given 3 months investment horizon. Ascendis Health secures Sharpe Ratio (or Efficiency) of 0.15, which signifies that the company had a 0.15% return per unit of standard deviation over the last 3 months. By analyzing Ascendis Health's technical indicators, you can evaluate if the expected return of 0.56% is justified by implied risk. Please makes use of Ascendis Health's risk adjusted performance of 0.1155, and Mean Deviation of 2.25 to double-check if our risk estimates are consistent with your expectations.
Ascendis Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
Ascendis |
Sharpe Ratio = 0.1521
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| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
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Estimated Market Risk
| 3.65 actual daily | 32 68% of assets are more volatile |
Expected Return
| 0.56 actual daily | 11 89% of assets have higher returns |
Risk-Adjusted Return
| 0.15 actual daily | 11 89% of assets perform better |
Based on monthly moving average Ascendis Health is performing at about 11% 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 Ascendis Health by adding it to a well-diversified portfolio.
Ascendis Health Valuation on December 19, 2024
It is possible to determine the worth of Ascendis Health on a given historical date. On December 19, 2024 Ascendis was worth 78.0 at the beginning of the trading date compared to the closed value of 78.0. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Ascendis Health stock. Still, in general, we apply an absolute valuation method to find Ascendis Health'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 Ascendis Health where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Ascendis Health's related companies.
| Open | High | Low | Close | Volume | |
| 78.00 | 78.00 | 78.00 | 78.00 | 10,601 | |
12/19/2024 | 78.00 | 80.00 | 78.00 | 78.00 | 133,354 |
| 81.00 | 90.00 | 81.00 | 90.00 | 171,547 |
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Ascendis Health Trading Date Momentum on December 19, 2024
| On December 20 2024 Ascendis Health was traded for 90.00 at the closing time. The highest price during the trading period was 90.00 and the lowest recorded bid was listed for 81.00 . The volume for the day was 171.5 K. This history from December 20, 2024 contributed to the next trading day price growth. The overall trading delta to the next closing price was 15.38% . The overall trading delta to the current price is 15.38% . |
Ascendis Health Fundamentals Correlations and Trends
By evaluating Ascendis Health'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 Ascendis Health's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Ascendis financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Ascendis Health Stock history
Ascendis Health 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 Ascendis is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Ascendis Health 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 Ascendis Health stock prices may prove useful in developing a viable investing in Ascendis Health
Ascendis Health Stock Technical Analysis
Ascendis Health 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
Ascendis Health Period Price Range
Low | January 7, 2025
| High |
0.00 | 0.00 |
Ascendis Health cannot be verified against its exchange. Please verify the symbol is currently traded on Johannesburg 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.
Ascendis Health January 7, 2025 Market Strength
Market strength indicators help investors to evaluate how Ascendis Health stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Ascendis Health shares will generate the highest return on investment. By undertsting and applying Ascendis Health stock market strength indicators, traders can identify Ascendis Health entry and exit signals to maximize returns
Ascendis Health Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Ascendis Health's price direction in advance. Along with the technical and fundamental analysis of Ascendis Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Ascendis 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 | 0.1155 | |||
| Jensen Alpha | 0.4622 | |||
| Total Risk Alpha | 0.4061 | |||
| Sortino Ratio | 0.15 | |||
| Treynor Ratio | (2.43) |
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| Volume Indicators |
Complementary Tools for Ascendis Stock analysis
When running Ascendis Health's price analysis, check to measure Ascendis Health'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 Ascendis Health is operating at the current time. Most of Ascendis Health's value examination focuses on studying past and present price action to predict the probability of Ascendis Health's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Ascendis Health's price. Additionally, you may evaluate how the addition of Ascendis Health to your portfolios can decrease your overall portfolio volatility.
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