Afarak Group (Finland) Price History

AFAGR Stock  EUR 0.35  0.01  2.94%   
If you're considering investing in Afarak Stock, it is important to understand the factors that can impact its price. As of today, the current price of Afarak Group stands at 0.35, as last reported on the 7th of May, with the highest price reaching 0.35 and the lowest price hitting 0.34 during the day. Afarak Group Oyj secures Sharpe Ratio (or Efficiency) of -0.0762, which signifies that the company had a -0.0762% return per unit of standard deviation over the last 3 months. Afarak Group Oyj exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm Afarak Group's risk adjusted performance of (0.04), and Mean Deviation of 1.37 to double-check the risk estimate we provide.
  
Afarak Stock price history is provided at the adjusted basis, taking into account all of the recent filings.

Sharpe Ratio = -0.0762

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Estimated Market Risk

 2.43
  actual daily
21
79% of assets are more volatile

Expected Return

 -0.18
  actual daily
0
Most of other assets have higher returns

Risk-Adjusted Return

 -0.08
  actual daily
0
Most of other assets perform better
Based on monthly moving average Afarak Group 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 Afarak Group by adding Afarak Group to a well-diversified portfolio.

Afarak Group Stock Price History Chart

There are several ways to analyze Afarak Stock price data. The simplest method is using a basic Afarak candlestick price chart, which shows Afarak Group price history and the buying and selling dynamics of a specified period. Many traders also use subjective judgment to their trading calls, avoiding the need to trade based on technical analysis.
Highest PriceFebruary 8, 20240.4
Lowest PriceFebruary 26, 20240.34

Afarak Group May 7, 2024 Stock Price Synopsis

Various analyses of Afarak Group's daily price changes, such as its Balance Of Power or Price Action, are crucial when deciding whether to buy, hold, or sell Afarak Stock. It can be used to describe the percentage change in the price of Afarak Group from one trading day to the next and could be a valuable metric for traders and investors to gauge the volatility and momentum of Afarak Stock.
Afarak Group Price Daily Balance Of Power 1.00 
Afarak Group Price Action Indicator 0.01 
Afarak Group Price Rate Of Daily Change 1.03 

Afarak Group May 7, 2024 Stock Price Analysis

When benchmark price declines in a down market, there may be an uptick in Afarak Stock price where buyers come in believing the asset is cheap or selling overdone. The opposite is true when the market is bullish. You can use Afarak Group intraday prices and daily technical indicators to check the level of noise trading in Afarak Stock and then apply it to test your longer-term investment strategies against Afarak.

Afarak Stock Price History Data

The price series of Afarak Group for the period between Wed, Feb 7, 2024 and Tue, May 7, 2024 has a statistical range of 0.06 with a coefficient of variation of 4.6. The prices are distributed with arithmetic mean of 0.37. The median price for the last 90 days is 0.37. The company had 1:10 stock split on 28th of November 2005. Afarak Group Oyj issued dividends on 2017-05-31.
OpenHighLowCloseVolume
05/07/2024
 0.34  0.35  0.34  0.35 
05/06/2024 0.34  0.36  0.34  0.35  48,371 
05/03/2024 0.34  0.35  0.34  0.35  25,481 
05/02/2024 0.35  0.35  0.34  0.34  84,075 
04/30/2024 0.34  0.35  0.33  0.35  73,197 
04/29/2024 0.35  0.35  0.34  0.35  138,325 
04/26/2024 0.36  0.36  0.34  0.35  161,921 
04/25/2024 0.36  0.36  0.35  0.35  38,277 
04/24/2024 0.36  0.36  0.35  0.35  93,296 
04/23/2024 0.36  0.37  0.34  0.35  138,391 
04/22/2024 0.37  0.37  0.35  0.36  58,490 
04/19/2024 0.36  0.37  0.35  0.37  34,472 
04/18/2024 0.38  0.38  0.36  0.37  49,972 
04/17/2024 0.37  0.37  0.36  0.37  54,704 
04/16/2024 0.37  0.37  0.36  0.37  52,554 
04/15/2024 0.36  0.38  0.36  0.37  29,085 
04/12/2024 0.36  0.38  0.36  0.36  61,419 
04/11/2024 0.37  0.38  0.36  0.37  97,577 
04/10/2024 0.37  0.37  0.36  0.37  87,878 
04/09/2024 0.37  0.37  0.36  0.37  103,583 
04/08/2024 0.37  0.37  0.36  0.37  41,724 
04/05/2024 0.38  0.38  0.36  0.37  16,822 
04/04/2024 0.36  0.38  0.36  0.37  58,872 
04/03/2024 0.37  0.38  0.36  0.36  81,337 
04/02/2024 0.37  0.37  0.36  0.37  121,124 
03/28/2024 0.37  0.38  0.37  0.37  113,238 
03/27/2024 0.38  0.38  0.37  0.37  135,574 
03/26/2024 0.37  0.39  0.37  0.37  134,862 
03/25/2024 0.35  0.37  0.35  0.37  85,742 
03/22/2024 0.36  0.36  0.35  0.36  45,551 
03/21/2024 0.37  0.37  0.36  0.36  35,693 
03/20/2024 0.37  0.37  0.36  0.36  19,549 
03/19/2024 0.36  0.37  0.36  0.36  35,653 
03/18/2024 0.37  0.37  0.35  0.36  81,154 
03/15/2024 0.37  0.38  0.36  0.37  63,781 
03/14/2024 0.38  0.38  0.37  0.37  26,347 
03/13/2024 0.39  0.39  0.36  0.37  80,971 
03/12/2024 0.37  0.38  0.37  0.38  94,620 
03/11/2024 0.37  0.37  0.36  0.37  58,962 
03/08/2024 0.38  0.38  0.37  0.37  40,461 
03/07/2024 0.38  0.38  0.37  0.37  65,992 
03/06/2024 0.38  0.39  0.37  0.38  107,536 
03/05/2024 0.36  0.40  0.35  0.37  176,040 
03/04/2024 0.36  0.36  0.35  0.36  47,102 
03/01/2024 0.35  0.36  0.34  0.36  93,159 
02/29/2024 0.35  0.35  0.34  0.35  86,929 
02/28/2024 0.34  0.35  0.33  0.35  57,996 
02/27/2024 0.34  0.34  0.33  0.34  100,886 
02/26/2024 0.35  0.37  0.34  0.34  125,860 
02/23/2024 0.40  0.40  0.33  0.35  633,059 
02/22/2024 0.39  0.40  0.39  0.40  127,966 
02/21/2024 0.38  0.40  0.37  0.39  61,699 
02/20/2024 0.38  0.40  0.38  0.38  148,177 
02/19/2024 0.37  0.39  0.37  0.38  315,504 
02/16/2024 0.40  0.40  0.36  0.37  235,526 
02/15/2024 0.37  0.39  0.37  0.38  67,982 
02/14/2024 0.39  0.39  0.37  0.37  215,287 
02/13/2024 0.40  0.41  0.37  0.39  168,649 
02/12/2024 0.39  0.41  0.39  0.40  56,781 
02/09/2024 0.40  0.40  0.39  0.40  38,105 
02/08/2024 0.40  0.41  0.39  0.40  55,649 

About Afarak Group Stock history

Afarak Group 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 Afarak is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Afarak Group Oyj 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 Afarak Group stock prices may prove useful in developing a viable investing in Afarak Group
Afarak Group Oyj engages in production and supply of chrome products worldwide. Afarak Group Oyj was founded in 1984 and is based in Helsinki, Finland. Afarak Group operates under Industrial Metals Minerals classification in Finland and is traded on Helsinki Exchange. It employs 1052 people.

Afarak Group Stock Technical Analysis

Afarak Group 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.
A focus of Afarak Group technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of Afarak Group trading pattern rather than external drivers such as economic, fundamental, or social events. It is believed that price action tends to repeat itself due to investors' collective, patterned behavior. Hence technical analysis focuses on identifiable price trends and conditions. More Info...

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Afarak Group Technical and Predictive Indicators

Predictive indicators are helping investors to find signals for Afarak Group's price direction in advance. Along with the technical and fundamental analysis of Afarak Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Afarak 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.
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Afarak Group Oyj. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in metropolitan statistical area.
You can also try the Portfolio Volatility module to check portfolio volatility and analyze historical return density to properly model market risk.

Complementary Tools for Afarak Stock analysis

When running Afarak Group's price analysis, check to measure Afarak Group'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 Afarak Group is operating at the current time. Most of Afarak Group's value examination focuses on studying past and present price action to predict the probability of Afarak Group's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Afarak Group's price. Additionally, you may evaluate how the addition of Afarak Group to your portfolios can decrease your overall portfolio volatility.
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Please note, there is a significant difference between Afarak Group's value and its price as these two are different measures arrived at by different means. Investors typically determine if Afarak Group is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Afarak Group's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.