Adidas Ag Adr Stock Price on July 18, 2019
| ADDYY Stock | USD 122.29 2.63 2.20% |
If you're considering investing in Adidas OTC Stock, it is important to understand the factors that can impact its price. As of today, the current price of Adidas AG stands at 122.29, as last reported on the 23rd of April, with the highest price reaching 122.71 and the lowest price hitting 120.38 during the day. Adidas AG appears to be very steady, given 3 months investment horizon. Adidas AG ADR secures Sharpe Ratio (or Efficiency) of 0.22, which signifies that the company had a 0.22% return per unit of risk over the last 3 months. By analyzing Adidas AG's technical indicators, you can evaluate if the expected return of 0.52% is justified by implied risk. Please makes use of Adidas AG's Downside Deviation of 2.58, mean deviation of 1.46, and Risk Adjusted Performance of 0.1292 to double-check if our risk estimates are consistent with your expectations.
Adidas OTC Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
Adidas |
Sharpe Ratio = 0.2153
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Estimated Market Risk
| 2.4 actual daily | 21 79% of assets are more volatile |
Expected Return
| 0.52 actual daily | 10 90% of assets have higher returns |
Risk-Adjusted Return
| 0.22 actual daily | 16 84% of assets perform better |
Based on monthly moving average Adidas AG is performing at about 16% 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 Adidas AG 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 Adidas AG OTC Stock history
Adidas 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 Adidas is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Adidas AG ADR 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 Adidas AG stock prices may prove useful in developing a viable investing in Adidas AG
adidas AG, together with its subsidiaries, designs, develops, distributes, and markets athletic and sports lifestyle products worldwide. The company was formerly known as adidas-Salomon AG and changed its name to adidas AG in June 2006. adidas AG was founded in 1920 and is headquartered in Herzogenaurach, Germany. Adidas Ag operates under Footwear Accessories classification in the United States and is traded on OTC Exchange. It employs 60661 people.
Adidas AG OTC Stock Technical Analysis
Adidas AG technical otc 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, otc market cycles, or different charting patterns.
Price Boundaries
Adidas AG Period Price Range
Adidas AG April 23, 2024 Market Strength
Market strength indicators help investors to evaluate how Adidas AG otc stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Adidas AG shares will generate the highest return on investment. By undertsting and applying Adidas AG otc stock market strength indicators, traders can identify Adidas AG ADR entry and exit signals to maximize returns
| Accumulation Distribution | 611.05 | |||
| Daily Balance Of Power | 1.128755 | |||
| Rate Of Daily Change | 1.02 | |||
| Day Median Price | 121.54 | |||
| Day Typical Price | 121.79 | |||
| Market Facilitation Index | 1.0E-4 | |||
| Price Action Indicator | 2.06 | |||
| Period Momentum Indicator | 2.63 | |||
| Relative Strength Index | 55.72 |
Adidas AG Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Adidas AG's price direction in advance. Along with the technical and fundamental analysis of Adidas OTC Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Adidas 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 | 0.1292 | |||
| Jensen Alpha | 0.324 | |||
| Total Risk Alpha | 0.1519 | |||
| Sortino Ratio | 0.1447 | |||
| Treynor Ratio | 0.2787 |
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Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Adidas AG ADR. Also, note that the market value of any otc stock could be tightly coupled with the direction of predictive economic indicators such as signals in manufacturing. You can also try the Earnings Calls module to check upcoming earnings announcements updated hourly across public exchanges.
Complementary Tools for Adidas OTC Stock analysis
When running Adidas AG's price analysis, check to measure Adidas 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 Adidas AG is operating at the current time. Most of Adidas AG's value examination focuses on studying past and present price action to predict the probability of Adidas 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 Adidas AG's price. Additionally, you may evaluate how the addition of Adidas AG to your portfolios can decrease your overall portfolio volatility.
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