Alfen Beheer (Netherlands) Price on March 14, 2024
| ALFEN Stock | EUR 38.50 2.26 5.54% |
If you're considering investing in Alfen Stock, it is important to understand the factors that can impact its price. As of today, the current price of Alfen Beheer stands at 38.50, as last reported on the 3rd of May, with the highest price reaching 41.15 and the lowest price hitting 38.11 during the day. Alfen Beheer BV secures Sharpe Ratio (or Efficiency) of -0.0943, which signifies that the company had a -0.0943% return per unit of standard deviation over the last 3 months. Alfen Beheer BV exposes twenty-two different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm Alfen Beheer's risk adjusted performance of (0.04), and Mean Deviation of 2.79 to double-check the risk estimate we provide.
Alfen Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
Alfen |
Sharpe Ratio = -0.0943
| Best Portfolio | Best Equity | |||
| Good Returns | ||||
| Average Returns | ||||
| Small Returns | ||||
| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
| Negative Returns | ALFEN |
Estimated Market Risk
| 4.27 actual daily | 37 63% of assets are more volatile |
Expected Return
| -0.4 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| -0.09 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Alfen Beheer is not performing at its full potential. However, 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 Alfen Beheer by adding Alfen Beheer to a well-diversified portfolio.
Alfen Beheer Valuation on March 14, 2024
It is possible to determine the worth of Alfen Beheer on a given historical date. On March 14, 2024 Alfen was worth 46.84 at the beginning of the trading date compared to the closed value of 46.7. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Alfen Beheer stock. Still, in general, we apply an absolute valuation method to find Alfen Beheer'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 Alfen Beheer where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Alfen Beheer's related companies.
| Open | High | Low | Close | Volume | |
| 46.45 | 48.20 | 46.26 | 46.60 | 180,554 | |
03/14/2024 | 46.84 | 47.70 | 46.48 | 46.70 | 122,169 |
| 46.60 | 47.08 | 46.30 | 46.68 | 112,890 |
| Backtest Alfen Beheer | | | Alfen Beheer History | | | Alfen Beheer Valuation | Previous | Next |
Alfen Beheer Trading Date Momentum on March 14, 2024
| On March 15 2024 Alfen Beheer BV was traded for 46.68 at the closing time. The highest price during the trading period was 47.08 and the lowest recorded bid was listed for 46.30 . The volume for the day was 112.9 K. This history from March 15, 2024 contributed to the next trading day price decline. The overall trading delta to the next closing price was 0.04% . The overall trading delta to the current price is 4.22% . |
Alfen Beheer BV Fundamentals Correlations and Trends
By evaluating Alfen Beheer'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 Alfen Beheer's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Alfen financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Alfen Beheer Stock history
Alfen Beheer 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 Alfen is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Alfen Beheer BV 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 Alfen Beheer stock prices may prove useful in developing a viable investing in Alfen Beheer
Alfen N.V., through its subsidiaries, designs, engineers, develops, produces, and sells products, systems, and services related to the electricity grid. Alfen N.V. was founded in 1937 and is headquartered in Almere, the Netherlands. ALFEN is traded on Amsterdam Stock Exchange in Netherlands.
Alfen Beheer Stock Technical Analysis
Alfen Beheer 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
Alfen Beheer Period Price Range
Low | March 14, 2024
| High |
46.84 | 46.70 |
Alfen Beheer May 3, 2024 Market Strength
Market strength indicators help investors to evaluate how Alfen Beheer stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Alfen Beheer shares will generate the highest return on investment. By undertsting and applying Alfen Beheer stock market strength indicators, traders can identify Alfen Beheer BV entry and exit signals to maximize returns
| Accumulation Distribution | 3124.66 | |||
| Daily Balance Of Power | (0.11) | |||
| Rate Of Daily Change | 1.0 | |||
| Day Median Price | 47.09 | |||
| Day Typical Price | 46.96 | |||
| Price Action Indicator | (0.46) | |||
| Period Momentum Indicator | (8.20) |
Alfen Beheer Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Alfen Beheer's price direction in advance. Along with the technical and fundamental analysis of Alfen Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Alfen 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 | (0.04) | |||
| Jensen Alpha | (0.32) | |||
| Total Risk Alpha | (0.62) | |||
| Treynor Ratio | 1.2 |
| Cycle Indicators | ||
| Math Operators | ||
| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Alfen Beheer BV. 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 Portfolio Holdings module to check your current holdings and cash postion to detemine if your portfolio needs rebalancing.
Complementary Tools for Alfen Stock analysis
When running Alfen Beheer's price analysis, check to measure Alfen Beheer'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 Alfen Beheer is operating at the current time. Most of Alfen Beheer's value examination focuses on studying past and present price action to predict the probability of Alfen Beheer's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Alfen Beheer's price. Additionally, you may evaluate how the addition of Alfen Beheer to your portfolios can decrease your overall portfolio volatility.
| Idea Breakdown Analyze constituents of all Macroaxis ideas. Macroaxis investment ideas are predefined, sector-focused investing themes | |
| Portfolio Backtesting Avoid under-diversification and over-optimization by backtesting your portfolios | |
| Stock Tickers Use high-impact, comprehensive, and customizable stock tickers that can be easily integrated to any websites | |
| Funds Screener Find actively-traded funds from around the world traded on over 30 global exchanges | |
| CEOs Directory Screen CEOs from public companies around the world | |
| Alpha Finder Use alpha and beta coefficients to find investment opportunities after accounting for the risk | |
| Theme Ratings Determine theme ratings based on digital equity recommendations. Macroaxis theme ratings are based on combination of fundamental analysis and risk-adjusted market performance | |
| Performance Analysis Check effects of mean-variance optimization against your current asset allocation | |
| Cryptocurrency Center Build and monitor diversified portfolio of extremely risky digital assets and cryptocurrency |