Asetek AS (Denmark) Price on June 13, 2024
| ASTK Stock | 0.70 0.02 2.94% |
If you're considering investing in Asetek Stock, it is important to understand the factors that can impact its price. As of today, the current price of Asetek AS stands at 0.70, as last reported on the 3rd of March, with the highest price reaching 0.72 and the lowest price hitting 0.69 during the day. Asetek AS appears to be out of control, given 3 months investment horizon. Asetek AS secures Sharpe Ratio (or Efficiency) of 0.11, which signifies that the company had a 0.11 % return per unit of standard deviation over the last 3 months. By analyzing Asetek AS's technical indicators, you can evaluate if the expected return of 0.9% is justified by implied risk. Please makes use of Asetek AS's mean deviation of 6.39, and Risk Adjusted Performance of (0.04) to double-check if our risk estimates are consistent with your expectations.
Asetek Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
Asetek |
Sharpe Ratio = 0.112
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Estimated Market Risk
| 8.02 actual daily | 71 71% of assets are less volatile |
Expected Return
| 0.9 actual daily | 17 83% of assets have higher returns |
Risk-Adjusted Return
| 0.11 actual daily | 8 92% of assets perform better |
Based on monthly moving average Asetek AS is performing at about 8% 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 Asetek AS by adding it to a well-diversified portfolio.
Asetek AS Valuation on June 13, 2024
It is possible to determine the worth of Asetek AS on a given historical date. On June 13, 2024 Asetek was worth 3.01 at the beginning of the trading date compared to the closed value of 2.98. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Asetek AS stock. Still, in general, we apply an absolute valuation method to find Asetek AS'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 Asetek AS where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Asetek AS's related companies.
| Open | High | Low | Close | Volume | |
| 3.68 | 3.68 | 2.90 | 3.00 | 7,692,525 | |
06/13/2024 | 3.01 | 3.10 | 2.95 | 2.98 | 1,059,561 |
| 3.00 | 3.05 | 2.68 | 2.73 | 1,842,643 |
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Asetek AS Trading Date Momentum on June 13, 2024
| On June 14 2024 Asetek AS was traded for 2.73 at the closing time. The highest price during the trading period was 3.05 and the lowest recorded bid was listed for 2.68 . The volume for the day was 1.8 M. This history from June 14, 2024 contributed to the next trading day price decline. The overall trading delta to the next closing price was 8.39% . The overall trading delta to the current price is 10.07% . |
Price Boundaries
Asetek AS Period Price Range
Low | March 3, 2025
| High |
0.00 | 0.00 |
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Asetek AS March 3, 2025 Market Strength
Market strength indicators help investors to evaluate how Asetek AS stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Asetek AS shares will generate the highest return on investment. By undertsting and applying Asetek AS stock market strength indicators, traders can identify Asetek AS entry and exit signals to maximize returns
Asetek AS Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Asetek AS's price direction in advance. Along with the technical and fundamental analysis of Asetek Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Asetek 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.