Aurubis AG (Germany) Price on November 17, 2023
| NDA Stock | EUR 77.80 0.25 0.32% |
If you're considering investing in Aurubis Stock, it is important to understand the factors that can impact its price. As of today, the current price of Aurubis AG stands at 77.80, as last reported on the 25th of December, with the highest price reaching 78.20 and the lowest price hitting 76.70 during the day. Aurubis AG appears to be very steady, given 3 months investment horizon. Aurubis AG secures Sharpe Ratio (or Efficiency) of 0.13, which signifies that the company had a 0.13% return per unit of risk over the last 3 months. We have found twenty-nine technical indicators for Aurubis AG, which you can use to evaluate the volatility of the firm. Please makes use of Aurubis AG's Mean Deviation of 1.65, downside deviation of 1.91, and Risk Adjusted Performance of 0.1177 to double-check if our risk estimates are consistent with your expectations.
Aurubis Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
Aurubis |
Sharpe Ratio = 0.1253
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Estimated Market Risk
| 2.39 actual daily | 21 79% of assets are more volatile |
Expected Return
| 0.3 actual daily | 5 95% of assets have higher returns |
Risk-Adjusted Return
| 0.13 actual daily | 9 91% of assets perform better |
Based on monthly moving average Aurubis AG is performing at about 9% 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 Aurubis AG by adding it to a well-diversified portfolio.
Aurubis AG Valuation on November 17, 2023
It is possible to determine the worth of Aurubis AG on a given historical date. On November 17, 2023 Aurubis was worth 78.16 at the beginning of the trading date compared to the closed value of 79.28. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Aurubis AG stock. Still, in general, we apply an absolute valuation method to find Aurubis AG'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 Aurubis AG where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Aurubis AG's related companies.
| Open | High | Low | Close | Volume | |
| 79.34 | 79.34 | 79.34 | 79.34 | 1.00 | |
11/17/2023 | 78.16 | 79.47 | 78.16 | 79.28 | 319.00 |
| 76.56 | 77.03 | 76.02 | 76.02 | 4,413 |
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Aurubis AG Trading Date Momentum on November 17, 2023
| On November 20 2023 Aurubis AG was traded for 76.02 at the closing time. The highest daily price throughout the period was 77.03 and the lowest price was 76.02 . The daily volume was 4.4 K. The net trading volume on 11/20/2023 added to the next day price reduction. The trading delta at closing time to closing price of the next trading day was 4.11% . The overall trading delta to current closing price is 5.37% . |
Aurubis AG Fundamentals Correlations and Trends
By evaluating Aurubis AG'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 Aurubis AG's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Aurubis financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Aurubis AG Stock history
Aurubis AG 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 Aurubis is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Aurubis AG 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 Aurubis AG stock prices may prove useful in developing a viable investing in Aurubis AG
It processes complex metal concentrates, scrap metals, and metal-bearing recycling materials to produce metals. Aurubis AG was founded in 1866 and is headquartered in Hamburg, Germany. AURUBIS AG operates under Copper classification in Germany and is traded on Frankfurt Stock Exchange. It employs 6803 people.
Aurubis AG Stock Technical Analysis
Aurubis AG 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
Aurubis AG Period Price Range
Low | December 25, 2024
| High |
0.00 | 0.00 |
Aurubis AG 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.
Aurubis AG December 25, 2024 Market Strength
Market strength indicators help investors to evaluate how Aurubis AG stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Aurubis AG shares will generate the highest return on investment. By undertsting and applying Aurubis AG stock market strength indicators, traders can identify Aurubis AG entry and exit signals to maximize returns
Aurubis AG Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Aurubis AG's price direction in advance. Along with the technical and fundamental analysis of Aurubis Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Aurubis 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 | 0.1177 | |||
| Jensen Alpha | 0.3196 | |||
| Total Risk Alpha | 0.2204 | |||
| Sortino Ratio | 0.1519 | |||
| Treynor Ratio | 1.99 |
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| Volume Indicators |
Complementary Tools for Aurubis Stock analysis
When running Aurubis AG's price analysis, check to measure Aurubis AG'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 Aurubis AG is operating at the current time. Most of Aurubis AG's value examination focuses on studying past and present price action to predict the probability of Aurubis AG's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Aurubis AG's price. Additionally, you may evaluate how the addition of Aurubis AG to your portfolios can decrease your overall portfolio volatility.
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