Asetek AS (Denmark) Price on November 6, 2024
| ASTK Stock | 0.54 0.01 1.89% |
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 0.54, as last reported on the 11th of December 2024, with the highest price reaching 0.55 and the lowest price hitting 0.53 during the day. Asetek AS secures Sharpe Ratio (or Efficiency) of -0.0912, which signifies that the company had a -0.0912% return per unit of standard deviation over the last 3 months. Asetek AS exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm Asetek AS's risk adjusted performance of (0.06), and Mean Deviation of 6.19 to double-check the risk estimate we provide.
Asetek Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
Asetek |
Sharpe Ratio = -0.0912
| Best Portfolio | Best Equity | |||
| Good Returns | ||||
| Average Returns | ||||
| Small Returns | ||||
| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
| Negative Returns | ASTK |
Estimated Market Risk
| 11.44 actual daily | 96 96% of assets are less volatile |
Expected Return
| -1.04 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| -0.09 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Asetek AS is not performing at its full potential. However, 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 Asetek AS to a well-diversified portfolio.
Asetek AS Valuation on November 6, 2024
It is possible to determine the worth of Asetek AS on a given historical date. On November 6, 2024 Asetek was worth 1.39 at the beginning of the trading date compared to the closed value of 1.37. 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 | |
| 1.46 | 1.49 | 1.36 | 1.39 | 525,148 | |
11/06/2024 | 1.39 | 1.43 | 1.20 | 1.37 | 753,510 |
| 1.10 | 1.10 | 0.76 | 0.94 | 4,242,505 |
| Backtest Asetek AS | | | Asetek AS History | Previous | Next |
Asetek AS Trading Date Momentum on November 6, 2024
| On November 07 2024 Asetek AS was traded for 0.94 at the closing time. The highest price during the trading period was 1.10 and the lowest recorded bid was listed for 0.76 . The volume for the day was 4.2 M. This history from November 7, 2024 contributed to the next trading day price decline. The overall trading delta to the next closing price was 31.39% . The overall trading delta to the current price is 1.46% . |
Price Boundaries
Asetek AS Period Price Range
Low | December 11, 2024
| High |
0.00 | 0.00 |
Asetek AS cannot be verified against its exchange. Please verify the symbol is currently traded on Copenhagen 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.
Asetek AS December 11, 2024 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.