Addtech AB (Germany) Price on January 6, 2025
| AZZ2 Stock | EUR 26.38 0.16 0.60% |
If you're considering investing in Addtech Stock, it is important to understand the factors that can impact its price. As of today, the current price of Addtech AB stands at 26.38, as last reported on the 7th of January, with the highest price reaching 26.38 and the lowest price hitting 26.38 during the day. At this point, Addtech AB is very steady. Addtech AB secures Sharpe Ratio (or Efficiency) of 0.0203, which signifies that the company had a 0.0203% return per unit of standard deviation over the last 3 months. We have found twenty-one technical indicators for Addtech AB, which you can use to evaluate the volatility of the firm. Please confirm Addtech AB's risk adjusted performance of 0.0028, and Mean Deviation of 1.36 to double-check if the risk estimate we provide is consistent with the expected return of 0.0376%.
Addtech Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
Addtech |
Sharpe Ratio = 0.0203
| Best Portfolio | Best Equity | |||
| Good Returns | ||||
| Average Returns | ||||
| Small Returns | ||||
| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
| Negative Returns | AZZ2 |
Estimated Market Risk
| 1.85 actual daily | 16 84% of assets are more volatile |
Expected Return
| 0.04 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| 0.02 actual daily | 1 99% of assets perform better |
Based on monthly moving average Addtech AB is performing at about 1% 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 Addtech AB by adding it to a well-diversified portfolio.
Addtech AB Valuation on January 6, 2025
It is possible to determine the worth of Addtech AB on a given historical date. On January 6, 2025 Addtech was worth 26.54 at the beginning of the trading date compared to the closed value of 26.54. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Addtech AB stock. Still, in general, we apply an absolute valuation method to find Addtech AB'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 Addtech AB where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Addtech AB's related companies.
| Open | High | Low | Close | Volume | |
| 26.38 | 26.38 | 26.38 | 26.38 | 1,470 | |
01/06/2025 | 26.54 | 26.54 | 26.54 | 26.54 | 1,470 |
| 26.38 | 26.38 | 26.38 | 26.38 | 0.00 |
| Backtest Addtech AB | | | Addtech AB History | | | Addtech AB Valuation | Previous | Next |
Addtech AB Trading Date Momentum on January 6, 2025
| On January 07 2025 Addtech AB was traded for 26.38 at the closing time. The maximum traded price for the trading interval was 26.38 and the lowest daily price was 26.38 . There was no trading activity during the period 0.0. Lack of trading volume on 7th of January 2025 played a part in the next trading day price drop. The overall trading delta to the next closing price was 0.60% . The overall trading delta to the closing price today is 0.60% . |
Addtech AB Fundamentals Correlations and Trends
By evaluating Addtech AB'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 Addtech AB's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Addtech financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Addtech AB Stock history
Addtech AB 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 Addtech is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Addtech AB 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 Addtech AB stock prices may prove useful in developing a viable investing in Addtech AB
Addtech AB operates as a technology trading company in Sweden, Denmark, Finland, Norway, rest of Europe, and internationally. The company was founded in 1906 and is headquartered in Stockholm, Sweden. ADDTECH AB operates under Industrial Distribution classification in Germany and is traded on Frankfurt Stock Exchange. It employs 3230 people.
Addtech AB Stock Technical Analysis
Addtech AB 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
Addtech AB Period Price Range
Low | January 7, 2025
| High |
0.00 | 0.00 |
Addtech AB cannot be verified against its exchange. Please verify the symbol is currently traded on Frankfurt 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.
Addtech AB January 7, 2025 Market Strength
Market strength indicators help investors to evaluate how Addtech AB stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Addtech AB shares will generate the highest return on investment. By undertsting and applying Addtech AB stock market strength indicators, traders can identify Addtech AB entry and exit signals to maximize returns
Addtech AB Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Addtech AB's price direction in advance. Along with the technical and fundamental analysis of Addtech Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Addtech 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 | 0.0028 | |||
| Jensen Alpha | (0.01) | |||
| Total Risk Alpha | (0.06) | |||
| Treynor Ratio | 0.0588 |
| Cycle Indicators | ||
| Math Operators | ||
| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
Complementary Tools for Addtech Stock analysis
When running Addtech AB's price analysis, check to measure Addtech AB'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 Addtech AB is operating at the current time. Most of Addtech AB's value examination focuses on studying past and present price action to predict the probability of Addtech AB's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Addtech AB's price. Additionally, you may evaluate how the addition of Addtech AB to your portfolios can decrease your overall portfolio volatility.
| My Watchlist Analysis Analyze my current watchlist and to refresh optimization strategy. Macroaxis watchlist is based on self-learning algorithm to remember stocks you like | |
| Positions Ratings Determine portfolio positions ratings based on digital equity recommendations. Macroaxis instant position ratings are based on combination of fundamental analysis and risk-adjusted market performance | |
| Portfolio Optimization Compute new portfolio that will generate highest expected return given your specified tolerance for risk |