Aurubis AG (Germany) Price on March 22, 2018
| NDA Stock | EUR 71.95 1.15 1.57% |
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 71.95, as last reported on the 18th of April 2024, with the highest price reaching 72.50 and the lowest price hitting 71.80 during the day. We consider Aurubis AG very steady. Aurubis AG secures Sharpe Ratio (or Efficiency) of 0.1, which signifies that the company had a 0.1% 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 confirm Aurubis AG's Risk Adjusted Performance of 0.0421, mean deviation of 1.29, and Downside Deviation of 1.58 to double-check if the risk estimate we provide is consistent with the expected return of 0.17%.
Aurubis Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
Aurubis |
Sharpe Ratio = 0.1042
| Best Portfolio | Best Equity | |||
| Good Returns | ||||
| Average Returns | ||||
| Small Returns | NDA | |||
| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
| Negative Returns |
Estimated Market Risk
| 1.66 actual daily | 14 86% of assets are more volatile |
Expected Return
| 0.17 actual daily | 3 97% of assets have higher returns |
Risk-Adjusted Return
| 0.1 actual daily | 8 92% of assets perform better |
Based on monthly moving average Aurubis AG is performing at about 8% 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.
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 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
Aurubis AG April 18, 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 | 0.0421 | |||
| Jensen Alpha | 0.1072 | |||
| Total Risk Alpha | (0.04) | |||
| Sortino Ratio | 0.0257 | |||
| Treynor Ratio | (0.18) |
| Cycle Indicators | ||
| Math Operators | ||
| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Aurubis AG. 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. You can also try the Share Portfolio module to track or share privately all of your investments from the convenience of any device.
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.
| Analyst Advice Analyst recommendations and target price estimates broken down by several categories | |
| Financial Widgets Easily integrated Macroaxis content with over 30 different plug-and-play financial widgets | |
| Volatility Analysis Get historical volatility and risk analysis based on latest market data | |
| Sync Your Broker Sync your existing holdings, watchlists, positions or portfolios from thousands of online brokerage services, banks, investment account aggregators and robo-advisors. | |
| Idea Breakdown Analyze constituents of all Macroaxis ideas. Macroaxis investment ideas are predefined, sector-focused investing themes | |
| Global Markets Map Get a quick overview of global market snapshot using zoomable world map. Drill down to check world indexes | |
| Portfolio Anywhere Track or share privately all of your investments from the convenience of any device | |
| Portfolio File Import Quickly import all of your third-party portfolios from your local drive in csv format | |
| Portfolio Holdings Check your current holdings and cash postion to detemine if your portfolio needs rebalancing | |
| Share Portfolio Track or share privately all of your investments from the convenience of any device | |
| Aroon Oscillator Analyze current equity momentum using Aroon Oscillator and other momentum ratios | |
| Portfolio Manager State of the art Portfolio Manager to monitor and improve performance of your invested capital |