BANK OF AFRICA (Morocco) Price on October 21, 2024
| BANK-OF-AFRICA | 192.00 2.00 1.03% |
If you're considering investing in BANK Stock, it is important to understand the factors that can impact its price. As of today, the current price of BANK OF AFRICA stands at 192.00, as last reported on the 13th of December 2024, with the highest price reaching 195.95 and the lowest price hitting 190.00 during the day. At this point, BANK OF AFRICA is very steady. BANK OF AFRICA secures Sharpe Ratio (or Efficiency) of 0.0083, which signifies that the company had a 0.0083% return per unit of risk over the last 3 months. We have found twenty-three technical indicators for BANK OF AFRICA, which you can use to evaluate the volatility of the entity. Please confirm BANK OF AFRICA's Variance of 0.7686, mean deviation of 0.6385, and Coefficient Of Variation of (10,947) to double-check if the risk estimate we provide is consistent with the expected return of 0.0071%.
BANK Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
BANK |
Sharpe Ratio = 0.0083
| Best Portfolio | Best Equity | |||
| Good Returns | ||||
| Average Returns | ||||
| Small Returns | ||||
| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
| Negative Returns | BANK-OF-AFRICA |
Estimated Market Risk
| 0.85 actual daily | 7 93% of assets are more volatile |
Expected Return
| 0.01 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| 0.01 actual daily | 0 Most of other assets perform better |
Based on monthly moving average BANK OF AFRICA 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 BANK OF AFRICA by adding BANK OF AFRICA to a well-diversified portfolio.
BANK OF AFRICA Valuation on October 21, 2024
It is possible to determine the worth of BANK OF AFRICA on a given historical date. On October 21, 2024 BANK was worth 189.0 at the beginning of the trading date compared to the closed value of 189.95. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of BANK OF AFRICA stock. Still, in general, we apply an absolute valuation method to find BANK OF AFRICA'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 BANK OF AFRICA where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against BANK OF AFRICA's related companies.
| Open | High | Low | Close | Volume | |
| 189.50 | 191.00 | 189.00 | 189.00 | 5,394 | |
10/21/2024 | 189.00 | 190.00 | 189.00 | 189.95 | 3,001 |
| 189.95 | 190.00 | 188.00 | 189.00 | 8,595 |
| Backtest BANK OF AFRICA | | | BANK OF AFRICA History | Previous | Next |
BANK OF AFRICA Trading Date Momentum on October 21, 2024
| On October 22 2024 BANK OF AFRICA was traded for 189.00 at the closing time. The highest price during the trading period was 190.00 and the lowest recorded bid was listed for 188.00 . The volume for the day was 8.6 K. This history from October 22, 2024 contributed to the next trading day price decline. The overall trading delta to the next closing price was 0.50% . The overall trading delta to the current price is 0.58% . |
Price Boundaries
BANK OF AFRICA Period Price Range
Low | December 13, 2024
| High |
0.00 | 0.00 |
BANK OF AFRICA cannot be verified against its exchange. Please verify the symbol is currently traded on Casablanca Stock 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.
BANK OF AFRICA December 13, 2024 Market Strength
Market strength indicators help investors to evaluate how BANK OF AFRICA stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading BANK OF AFRICA shares will generate the highest return on investment. By undertsting and applying BANK OF AFRICA stock market strength indicators, traders can identify BANK OF AFRICA entry and exit signals to maximize returns
BANK OF AFRICA Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for BANK OF AFRICA's price direction in advance. Along with the technical and fundamental analysis of BANK Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of BANK 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) | |||
| Jensen Alpha | (0.02) | |||
| Total Risk Alpha | (0.14) | |||
| Treynor Ratio | (5.81) |
| Cycle Indicators | ||
| Math Operators | ||
| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
Complementary Tools for BANK Stock analysis
When running BANK OF AFRICA's price analysis, check to measure BANK OF AFRICA'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 BANK OF AFRICA is operating at the current time. Most of BANK OF AFRICA's value examination focuses on studying past and present price action to predict the probability of BANK OF AFRICA's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move BANK OF AFRICA's price. Additionally, you may evaluate how the addition of BANK OF AFRICA to your portfolios can decrease your overall portfolio volatility.
| ETFs Find actively traded Exchange Traded Funds (ETF) from around the world | |
| Equity Analysis Research over 250,000 global equities including funds, stocks and ETFs to find investment opportunities | |
| Portfolio Anywhere Track or share privately all of your investments from the convenience of any device | |
| Stock Screener Find equities using a custom stock filter or screen asymmetry in trading patterns, price, volume, or investment outlook. | |
| Top Crypto Exchanges Search and analyze digital assets across top global cryptocurrency exchanges | |
| Instant Ratings Determine any equity ratings based on digital recommendations. Macroaxis instant equity ratings are based on combination of fundamental analysis and risk-adjusted market performance | |
| Share Portfolio Track or share privately all of your investments from the convenience of any device | |
| Commodity Directory Find actively traded commodities issued by global exchanges | |
| Portfolio Holdings Check your current holdings and cash postion to detemine if your portfolio needs rebalancing |