AS Latvijas (Germany) Price on April 5, 2023
| UM9 Stock | EUR 9.05 0.05 0.55% |
If you're considering investing in UM9 Stock, it is important to understand the factors that can impact its price. As of today, the current price of AS Latvijas stands at 9.05, as last reported on the 22nd of December, with the highest price reaching 9.05 and the lowest price hitting 9.05 during the day. Currently, AS Latvijas balzams is very steady. AS Latvijas balzams retains Efficiency (Sharpe Ratio) of 0.0965, which signifies that the company had a 0.0965% return per unit of price deviation over the last 3 months. We have found nineteen technical indicators for AS Latvijas, which you can use to evaluate the volatility of the firm. Please confirm AS Latvijas' Market Risk Adjusted Performance of (0.34), variance of 0.0707, and Information Ratio of (0.02) to double-check if the risk estimate we provide is consistent with the expected return of 0.0257%.
UM9 Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
UM9 |
Sharpe Ratio = 0.0965
| Best Portfolio | Best Equity | |||
| Good Returns | ||||
| Average Returns | ||||
| Small Returns | ||||
| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
| Negative Returns | UM9 |
Estimated Market Risk
| 0.27 actual daily | 2 98% of assets are more volatile |
Expected Return
| 0.03 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| 0.1 actual daily | 7 93% of assets perform better |
Based on monthly moving average AS Latvijas is performing at about 7% 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 AS Latvijas by adding it to a well-diversified portfolio.
AS Latvijas Valuation on April 5, 2023
It is possible to determine the worth of AS Latvijas on a given historical date. On April 5, 2023 UM9 was worth 9.35 at the beginning of the trading date compared to the closed value of 9.35. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of AS Latvijas stock. Still, in general, we apply an absolute valuation method to find AS Latvijas' 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 AS Latvijas where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against AS Latvijas' related companies.
| Open | High | Low | Close | Volume | |
| 9.35 | 9.35 | 9.35 | 9.35 | 1.00 | |
04/05/2023 | 9.35 | 9.35 | 9.35 | 9.35 | 1.00 |
| 9.35 | 9.35 | 9.35 | 9.35 | 1.00 |
| Backtest AS Latvijas | | | AS Latvijas History | | | AS Latvijas Valuation | Previous | Next |
AS Latvijas Trading Date Momentum on April 5, 2023
| On April 06 2023 AS Latvijas balzams was traded for 9.35 at the closing time. The maximum traded price for the trading interval was 9.35 and the lowest daily price was 9.35 . There was no trading activity during the period 1.0. Lack of trading volume on 6th of April 2023 did not affect price variability. The overall trading delta to the closing price today is 0.00% . |
AS Latvijas balzams Fundamentals Correlations and Trends
By evaluating AS Latvijas' financials over time, investors can gain insight into future company performance. However, you can also analyze the published financial statements to find patterns among AS Latvijas' main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. UM9 financial account trend analysis is a perfect complement when working with valuation or volatility modules.About AS Latvijas Stock history
AS Latvijas 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 UM9 is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in AS Latvijas balzams 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 AS Latvijas stock prices may prove useful in developing a viable investing in AS Latvijas
AS Latvijas balzams produces and sells alcoholic beverages in Latvia. AS Latvijas balzams is a subsidiary of Amber Beverage Group Holding S. r.l. LATVIJAS BALZAMS operates under BeveragesWineries Distilleries classification in Germany and is traded on Munich Stock Exchange. It employs 583 people.
AS Latvijas Stock Technical Analysis
AS Latvijas 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
AS Latvijas Period Price Range
Low | December 22, 2024
| High |
0.00 | 0.00 |
AS Latvijas balzams cannot be verified against its exchange. Please verify the symbol is currently traded on Munich 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.
AS Latvijas December 22, 2024 Market Strength
Market strength indicators help investors to evaluate how AS Latvijas stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading AS Latvijas shares will generate the highest return on investment. By undertsting and applying AS Latvijas stock market strength indicators, traders can identify AS Latvijas balzams entry and exit signals to maximize returns
AS Latvijas Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for AS Latvijas' price direction in advance. Along with the technical and fundamental analysis of UM9 Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of UM9 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 | 0.0567 | |||
| Jensen Alpha | 0.0167 | |||
| Total Risk Alpha | 0.0082 | |||
| Treynor Ratio | (0.35) |
| Cycle Indicators | ||
| Math Operators | ||
| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
Additional Tools for UM9 Stock Analysis
When running AS Latvijas' price analysis, check to measure AS Latvijas' 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 AS Latvijas is operating at the current time. Most of AS Latvijas' value examination focuses on studying past and present price action to predict the probability of AS Latvijas' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move AS Latvijas' price. Additionally, you may evaluate how the addition of AS Latvijas to your portfolios can decrease your overall portfolio volatility.