Asseco Business (Poland) Price on October 31, 2024
| ABS Stock | 55.00 1.00 1.79% |
If you're considering investing in Asseco Stock, it is important to understand the factors that can impact its price. As of today, the current price of Asseco Business stands at 55.00, as last reported on the 21st of November, with the highest price reaching 56.20 and the lowest price hitting 54.60 during the day. Asseco Business Solutions secures Sharpe Ratio (or Efficiency) of -0.0684, which signifies that the company had a -0.0684% return per unit of risk over the last 3 months. Asseco Business Solutions exposes twenty-four different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm Asseco Business' Mean Deviation of 1.33, standard deviation of 1.69, and Risk Adjusted Performance of (0.01) to double-check the risk estimate we provide.
Asseco Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
Asseco |
Sharpe Ratio = -0.0684
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| Negative Returns | ABS |
Estimated Market Risk
| 1.73 actual daily | 15 85% of assets are more volatile |
Expected Return
| -0.12 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| -0.07 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Asseco Business 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 Asseco Business by adding Asseco Business to a well-diversified portfolio.
Asseco Business Valuation on October 31, 2024
It is possible to determine the worth of Asseco Business on a given historical date. On October 31, 2024 Asseco was worth 56.0 at the beginning of the trading date compared to the closed value of 57.2. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Asseco Business stock. Still, in general, we apply an absolute valuation method to find Asseco Business' 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 Asseco Business where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Asseco Business' related companies.
| Open | High | Low | Close | Volume | |
| 57.80 | 57.80 | 55.20 | 56.00 | 541.00 | |
10/31/2024 | 56.00 | 57.40 | 56.00 | 57.20 | 240.00 |
| 57.40 | 57.40 | 56.00 | 56.00 | 1,320 |
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Asseco Business Trading Date Momentum on October 31, 2024
| On November 04 2024 Asseco Business Solutions was traded for 56.00 at the closing time. The highest price during the trading period was 57.40 and the lowest recorded bid was listed for 56.00 . The volume for the day was 1.3 K. This history from November 4, 2024 contributed to the next trading day price decline. The overall trading delta to the next closing price was 2.10% . The overall trading delta to the current price is 0.35% . |
Asseco Business Solutions Fundamentals Correlations and Trends
By evaluating Asseco Business' financials over time, investors can gain insight into future company performance. However, you can also analyze the published financial statements to find patterns among Asseco Business' main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Asseco financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Asseco Business Stock history
Asseco Business 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 Asseco is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Asseco Business Solutions 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 Asseco Business stock prices may prove useful in developing a viable investing in Asseco Business
Asseco Business Stock Technical Analysis
Asseco Business 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
Asseco Business Period Price Range
Low | November 21, 2024
| High |
0.00 | 0.00 |
Asseco Business Solutions cannot be verified against its exchange. Please verify the symbol is currently traded on Warsaw Stock Exchange. If you still believe the symbol you are trying to look up is valid, please let us know, and we will check it as soon as possible.
Asseco Business November 21, 2024 Market Strength
Market strength indicators help investors to evaluate how Asseco Business stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Asseco Business shares will generate the highest return on investment. By undertsting and applying Asseco Business stock market strength indicators, traders can identify Asseco Business Solutions entry and exit signals to maximize returns
Asseco Business Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Asseco Business' price direction in advance. Along with the technical and fundamental analysis of Asseco Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Asseco 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 | (0.01) | |||
| Jensen Alpha | (0.06) | |||
| Total Risk Alpha | (0.24) | |||
| Treynor Ratio | (0.30) |
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Additional Tools for Asseco Stock Analysis
When running Asseco Business' price analysis, check to measure Asseco Business' 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 Asseco Business is operating at the current time. Most of Asseco Business' value examination focuses on studying past and present price action to predict the probability of Asseco Business' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Asseco Business' price. Additionally, you may evaluate how the addition of Asseco Business to your portfolios can decrease your overall portfolio volatility.