AGFA Gevaert (Belgium) Price on April 24, 2024
| AGFB Stock | EUR 1.18 0.18 13.24% |
If you're considering investing in AGFA Stock, it is important to understand the factors that can impact its price. As of today, the current price of AGFA Gevaert stands at 1.18, as last reported on the 15th of May 2024, with the highest price reaching 1.23 and the lowest price hitting 1.11 during the day. We consider AGFA Gevaert extremely dangerous. AGFA Gevaert NV secures Sharpe Ratio (or Efficiency) of 0.0104, which signifies that the company had a 0.0104% return per unit of risk over the last 3 months. We have found twenty-eight technical indicators for AGFA Gevaert NV, which you can use to evaluate the volatility of the firm. Please confirm AGFA Gevaert's Mean Deviation of 2.54, risk adjusted performance of 0.0535, and Downside Deviation of 3.87 to double-check if the risk estimate we provide is consistent with the expected return of 0.043%.
AGFA Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
AGFA |
Sharpe Ratio = 0.0104
| Best Portfolio | Best Equity | |||
| Good Returns | ||||
| Average Returns | ||||
| Small Returns | ||||
| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
| Negative Returns | AGFB |
Estimated Market Risk
| 4.13 actual daily | 36 64% of assets are more volatile |
Expected Return
| 0.04 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 AGFA Gevaert 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 AGFA Gevaert by adding AGFA Gevaert to a well-diversified portfolio.
AGFA Gevaert Valuation on April 24, 2024
It is possible to determine the worth of AGFA Gevaert on a given historical date. On April 24, 2024 AGFA was worth 1.19 at the beginning of the trading date compared to the closed value of 1.16. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of AGFA Gevaert stock. Still, in general, we apply an absolute valuation method to find AGFA Gevaert'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 AGFA Gevaert where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against AGFA Gevaert's related companies.
| Open | High | Low | Close | Volume | |
| 1.20 | 1.20 | 1.16 | 1.19 | 223,508 | |
04/24/2024 | 1.19 | 1.20 | 1.16 | 1.16 | 86,159 |
| 1.17 | 1.19 | 1.14 | 1.16 | 182,901 |
| Backtest AGFA Gevaert | | | AGFA Gevaert History | | | AGFA Gevaert Valuation | Previous | Next |
AGFA Gevaert Trading Date Momentum on April 24, 2024
| On April 25 2024 AGFA Gevaert NV was traded for 1.16 at the closing time. The highest price during the trading period was 1.19 and the lowest recorded bid was listed for 1.14 . The volume for the day was 182.9 K. This history from April 25, 2024 did not affect price variability. The overall trading delta to the current price is 6.90% . |
AGFA Gevaert NV Fundamentals Correlations and Trends
By evaluating AGFA Gevaert'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 AGFA Gevaert's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. AGFA financial account trend analysis is a perfect complement when working with valuation or volatility modules.About AGFA Gevaert Stock history
AGFA Gevaert 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 AGFA is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in AGFA Gevaert NV 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 AGFA Gevaert stock prices may prove useful in developing a viable investing in AGFA Gevaert
Agfa-Gevaert NV develops, produces, and distributes various analog and digital imaging systems, and IT solutions worldwide. Agfa-Gevaert NV was founded in 1867 and is headquartered in Mortsel, Belgium. AGFA GEVAERT operates under Specialty Industrial Machinery classification in Belgium and is traded on Brussels Stock Exchange. It employs 7108 people.
AGFA Gevaert Stock Technical Analysis
AGFA Gevaert 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
AGFA Gevaert Period Price Range
Low | April 24, 2024
| High |
1.19 | 1.16 |
AGFA Gevaert May 15, 2024 Market Strength
Market strength indicators help investors to evaluate how AGFA Gevaert stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading AGFA Gevaert shares will generate the highest return on investment. By undertsting and applying AGFA Gevaert stock market strength indicators, traders can identify AGFA Gevaert NV entry and exit signals to maximize returns
| Accumulation Distribution | 2871.97 | |||
| Daily Balance Of Power | (0.75) | |||
| Rate Of Daily Change | 0.97 | |||
| Day Median Price | 1.18 | |||
| Day Typical Price | 1.17 | |||
| Price Action Indicator | (0.04) | |||
| Period Momentum Indicator | 0.02 |
AGFA Gevaert Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for AGFA Gevaert's price direction in advance. Along with the technical and fundamental analysis of AGFA Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of AGFA 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 | 0.0535 | |||
| Jensen Alpha | 0.2638 | |||
| Total Risk Alpha | (0.17) | |||
| Sortino Ratio | 0.0479 | |||
| Treynor Ratio | (3.27) |
| 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 AGFA Gevaert NV. 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 ETF Categories module to list of ETF categories grouped based on various criteria, such as the investment strategy or type of investments.
Complementary Tools for AGFA Stock analysis
When running AGFA Gevaert's price analysis, check to measure AGFA Gevaert'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 AGFA Gevaert is operating at the current time. Most of AGFA Gevaert's value examination focuses on studying past and present price action to predict the probability of AGFA Gevaert's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move AGFA Gevaert's price. Additionally, you may evaluate how the addition of AGFA Gevaert to your portfolios can decrease your overall portfolio volatility.
| Correlation Analysis Reduce portfolio risk simply by holding instruments which are not perfectly correlated | |
| Efficient Frontier Plot and analyze your portfolio and positions against risk-return landscape of the market. | |
| Crypto Correlations Use cryptocurrency correlation module to diversify your cryptocurrency portfolio across multiple coins | |
| My Watchlist Analysis Analyze my current watchlist and to refresh optimization strategy. Macroaxis watchlist is based on self-learning algorithm to remember stocks you like | |
| Performance Analysis Check effects of mean-variance optimization against your current asset allocation | |
| Risk-Return Analysis View associations between returns expected from investment and the risk you assume |