AURUBIS (Germany) Price on March 6, 2018
| NDA Stock | EUR 75.20 3.25 4.52% |
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 stands at 75.20, as last reported on the 19th of April, with the highest price reaching 75.20 and the lowest price hitting 74.45 during the day. AURUBIS appears to be very steady, given 3 months investment horizon. AURUBIS secures Sharpe Ratio (or Efficiency) of 0.16, which signifies that the company had a 0.16% return per unit of risk over the last 3 months. We have found thirty technical indicators for AURUBIS, which you can use to evaluate the volatility of the firm. Please makes use of AURUBIS's risk adjusted performance of 0.1056, and Mean Deviation of 1.41 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 = 0.1599
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Estimated Market Risk
| 1.91 actual daily | 16 84% of assets are more volatile |
Expected Return
| 0.31 actual daily | 6 94% of assets have higher returns |
Risk-Adjusted Return
| 0.16 actual daily | 12 88% of assets perform better |
Based on monthly moving average AURUBIS is performing at about 12% 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 by adding it to a well-diversified portfolio.
Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.
About AURUBIS Stock history
AURUBIS 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 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 stock prices may prove useful in developing a viable investing in AURUBIS
AURUBIS Stock Technical Analysis
AURUBIS 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 Period Price Range
AURUBIS April 19, 2024 Market Strength
Market strength indicators help investors to evaluate how AURUBIS 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 shares will generate the highest return on investment. By undertsting and applying AURUBIS stock market strength indicators, traders can identify AURUBIS entry and exit signals to maximize returns
AURUBIS Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for AURUBIS'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 | 0.1056 | |||
| Jensen Alpha | 0.3068 | |||
| Total Risk Alpha | 0.1146 | |||
| Sortino Ratio | 0.1593 | |||
| Treynor Ratio | (1.61) |
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| Volume Indicators |
Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in AURUBIS. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in board of governors. Note that the AURUBIS information on this page should be used as a complementary analysis to other AURUBIS's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Stock Tickers module to use high-impact, comprehensive, and customizable stock tickers that can be easily integrated to any websites.
Complementary Tools for AURUBIS Stock analysis
When running AURUBIS's price analysis, check to measure AURUBIS'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 is operating at the current time. Most of AURUBIS's value examination focuses on studying past and present price action to predict the probability of AURUBIS'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's price. Additionally, you may evaluate how the addition of AURUBIS to your portfolios can decrease your overall portfolio volatility.
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