Asx Limited Stock Price on April 10, 2024
| ASXFF Stock | USD 41.00 0.01 0.02% |
If you're considering investing in ASX Pink Sheet, it is important to understand the factors that can impact its price. As of today, the current price of ASX stands at 41.00, as last reported on the 3rd of May, with the highest price reaching 41.00 and the lowest price hitting 41.00 during the day. ASX Limited secures Sharpe Ratio (or Efficiency) of -0.0108, which signifies that the company had a -0.0108% return per unit of volatility over the last 3 months. ASX Limited exposes twenty-two different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm ASX's mean deviation of 0.5404, and Risk Adjusted Performance of (0) to double-check the risk estimate we provide.
ASX Pink Sheet price history is provided at the adjusted basis, taking into account all of the recent filings.
ASX |
Sharpe Ratio = -0.0108
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| Negative Returns | ASXFF |
Estimated Market Risk
| 1.6 actual daily | 14 86% of assets are more volatile |
Expected Return
| -0.02 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| -0.01 actual daily | 0 Most of other assets perform better |
Based on monthly moving average ASX 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 ASX by adding ASX to a well-diversified portfolio.
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ASX Valuation on April 10, 2024
It is possible to determine the worth of ASX on a given historical date. On April 10, 2024 ASX was worth 44.79 at the beginning of the trading date compared to the closed value of 44.79. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of ASX pink sheet. Still, in general, we apply an absolute valuation method to find ASX'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 ASX where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against ASX's related companies.
| Open | High | Low | Close | Volume | |
| 44.79 | 44.79 | 44.79 | 44.79 | 1.00 | |
04/10/2024 | 44.79 | 44.79 | 44.79 | 44.79 | 1.00 |
| 44.79 | 44.79 | 44.79 | 44.79 | 1.00 |
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ASX Trading Date Momentum on April 10, 2024
| On April 11 2024 ASX Limited was traded for 44.79 at the closing time. The highest daily price throughout the period was 44.79 and the lowest price was 44.79 . There was no trading activity during the period 1.0. Lack of trading volume on 04/11/2024 did not affect price variability. The overall trading delta to current closing price is 9.35% . |
ASX Limited Fundamentals Correlations and Trends
By evaluating ASX'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 ASX's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. ASX financial account trend analysis is a perfect complement when working with valuation or volatility modules.About ASX Pink Sheet history
ASX 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 ASX is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in ASX Limited 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 ASX stock prices may prove useful in developing a viable investing in ASX
ASX Limited operates as a multi-asset class and integrated exchange company in Australia and internationally. The company was incorporated in 1987 and is based in Sydney, Australia. ASX operates under Financial Data Stock Exchanges classification in the United States and is traded on OTC Exchange. It employs 790 people.
ASX Pink Sheet Technical Analysis
ASX technical pink sheet 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, pink sheet market cycles, or different charting patterns.
Price Boundaries
ASX Period Price Range
Low | April 10, 2024
| High |
44.79 | 44.79 |
ASX May 3, 2024 Market Strength
Market strength indicators help investors to evaluate how ASX pink sheet reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading ASX shares will generate the highest return on investment. By undertsting and applying ASX pink sheet market strength indicators, traders can identify ASX Limited entry and exit signals to maximize returns
| Rate Of Daily Change | 1.0 | |||
| Day Median Price | 44.79 | |||
| Day Typical Price | 44.79 | |||
| Period Momentum Indicator | (3.79) | |||
| Relative Strength Index | 36.85 |
ASX Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for ASX's price direction in advance. Along with the technical and fundamental analysis of ASX Pink Sheet historical price patterns, it is also worthwhile for investors to track various predictive indicators of ASX 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) | |||
| Jensen Alpha | (0.06) | |||
| Total Risk Alpha | (0.14) | |||
| Treynor Ratio | (0.05) |
| 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 ASX Limited. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in census. Note that the ASX Limited information on this page should be used as a complementary analysis to other ASX'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 Portfolio Anywhere module to track or share privately all of your investments from the convenience of any device.
Complementary Tools for ASX Pink Sheet analysis
When running ASX's price analysis, check to measure ASX'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 ASX is operating at the current time. Most of ASX's value examination focuses on studying past and present price action to predict the probability of ASX's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move ASX's price. Additionally, you may evaluate how the addition of ASX to your portfolios can decrease your overall portfolio volatility.
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