Asx Limited Adr Stock Price on April 12, 2024
| ASXFY Stock | USD 41.92 1.09 2.67% |
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 Limited stands at 41.92, as last reported on the 3rd of May, with the highest price reaching 42.14 and the lowest price hitting 41.24 during the day. We consider ASX Limited very steady. ASX Limited ADR secures Sharpe Ratio (or Efficiency) of 0.0106, which signifies that the company had a 0.0106% return per unit of volatility over the last 3 months. We have found twenty-four technical indicators for ASX Limited ADR, which you can use to evaluate the volatility of the firm. Please confirm ASX Limited's risk adjusted performance of 0.0029, and Mean Deviation of 1.01 to double-check if the risk estimate we provide is consistent with the expected return of 0.0137%.
ASX Pink Sheet price history is provided at the adjusted basis, taking into account all of the recent filings.
ASX |
Sharpe Ratio = 0.0106
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| Negative Returns | ASXFY |
Estimated Market Risk
| 1.3 actual daily | 11 89% of assets are more volatile |
Expected Return
| 0.01 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 Limited 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 Limited by adding ASX Limited to a well-diversified portfolio.
ASX Limited Valuation on April 12, 2024
It is possible to determine the worth of ASX Limited on a given historical date. On April 12, 2024 ASX was worth 41.43 at the beginning of the trading date compared to the closed value of 41.11. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of ASX Limited pink sheet. Still, in general, we apply an absolute valuation method to find ASX Limited'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 Limited where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against ASX Limited's related companies.
| Open | High | Low | Close | Volume | |
| 41.69 | 41.70 | 41.29 | 41.59 | 8,928 | |
04/12/2024 | 41.43 | 42.51 | 41.11 | 41.11 | 6,100 |
| 41.25 | 41.25 | 40.79 | 40.79 | 9,614 |
| Backtest ASX Limited | | | ASX Limited History | | | ASX Limited Valuation | Previous | Next |
ASX Limited Trading Date Momentum on April 12, 2024
| On April 15 2024 ASX Limited ADR was traded for 40.79 at the closing time. The highest daily price throughout the period was 41.25 and the lowest price was 40.79 . The daily volume was 9.6 K. The net trading volume on 04/15/2024 added to the next day price reduction. The overall trading delta to closing price of the next trading day was 0.78% . The overall trading delta to current closing price is 1.26% . |
ASX Limited ADR Fundamentals Correlations and Trends
By evaluating ASX Limited'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 Limited'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 Limited Pink Sheet history
ASX Limited 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 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 ASX Limited stock prices may prove useful in developing a viable investing in ASX Limited
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 Limited Pink Sheet Technical Analysis
ASX Limited 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 Limited Period Price Range
Low | April 12, 2024
| High |
41.43 | 41.11 |
ASX Limited May 3, 2024 Market Strength
Market strength indicators help investors to evaluate how ASX Limited 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 Limited shares will generate the highest return on investment. By undertsting and applying ASX Limited pink sheet market strength indicators, traders can identify ASX Limited ADR entry and exit signals to maximize returns
ASX Limited Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for ASX Limited'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 | 0.0029 | |||
| Jensen Alpha | (0.06) | |||
| Total Risk Alpha | (0.11) | |||
| Treynor Ratio | (0.02) |
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| Volume Indicators |
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in ASX Limited ADR. 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 ADR information on this page should be used as a complementary analysis to other ASX Limited'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 Sectors module to list of equity sectors categorizing publicly traded companies based on their primary business activities.
Complementary Tools for ASX Pink Sheet analysis
When running ASX Limited's price analysis, check to measure ASX Limited'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 Limited is operating at the current time. Most of ASX Limited's value examination focuses on studying past and present price action to predict the probability of ASX Limited'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 Limited's price. Additionally, you may evaluate how the addition of ASX Limited to your portfolios can decrease your overall portfolio volatility.
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