Alm Brand (Denmark) Price on April 4, 2023
| ALMB Stock | DKK 13.73 0.13 0.94% |
If you're considering investing in Alm Stock, it is important to understand the factors that can impact its price. As of today, the current price of Alm Brand stands at 13.73, as last reported on the 5th of June, with the highest price reaching 13.98 and the lowest price hitting 13.69 during the day. We consider Alm Brand not too volatile. Alm Brand secures Sharpe Ratio (or Efficiency) of 0.091, which signifies that the company had a 0.091% return per unit of risk over the last 3 months. We have found twenty-eight technical indicators for Alm Brand, which you can use to evaluate the volatility of the firm. Please confirm Alm Brand's Downside Deviation of 1.32, risk adjusted performance of 0.0498, and Mean Deviation of 0.9961 to double-check if the risk estimate we provide is consistent with the expected return of 0.15%.
Alm Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
Alm |
Sharpe Ratio = 0.091
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Estimated Market Risk
| 1.62 actual daily | 14 86% of assets are more volatile |
Expected Return
| 0.15 actual daily | 2 98% of assets have higher returns |
Risk-Adjusted Return
| 0.09 actual daily | 7 93% of assets perform better |
Based on monthly moving average Alm Brand is performing at about 7% of its full potential. 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 Alm Brand by adding it to a well-diversified portfolio.
Alm Brand Valuation on April 4, 2023
It is possible to determine the worth of Alm Brand on a given historical date. On April 4, 2023 Alm was worth 12.89 at the beginning of the trading date compared to the closed value of 12.5. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Alm Brand stock. Still, in general, we apply an absolute valuation method to find Alm Brand'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 Alm Brand where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Alm Brand's related companies.
| Open | High | Low | Close | Volume | |
| 12.86 | 12.90 | 12.53 | 12.53 | 1,078,139 | |
04/04/2023 | 12.89 | 12.92 | 12.50 | 12.50 | 946,048 |
| 12.81 | 12.81 | 12.28 | 12.28 | 649,985 |
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Alm Brand Trading Date Momentum on April 4, 2023
| On April 05 2023 Alm Brand was traded for 12.28 at the closing time. The highest price during the trading period was 12.81 and the lowest recorded bid was listed for 12.28 . The volume for the day was 650 K. This history from April 5, 2023 contributed to the next trading day price decline. The overall trading delta to the next closing price was 1.76% . The overall trading delta to the current price is 2.72% . |
Alm Brand Fundamentals Correlations and Trends
By evaluating Alm Brand'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 Alm Brand's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Alm financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Alm Brand Stock history
Alm Brand 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 Alm is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Alm Brand 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 Alm Brand stock prices may prove useful in developing a viable investing in Alm Brand
Brand AS, together with its subsidiaries, provides non-life insurance, banking, and life and pension insurance products and services in Denmark. Brand AS was founded in 1792 and is headquartered in Copenhagen, Denmark. Alm Brand operates under Insurance - General classification in Denmark and is traded on Copenhagen Stock Exchange. It employs 1743 people.
Alm Brand Stock Technical Analysis
Alm Brand 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
Alm Brand Period Price Range
Low | April 4, 2023
| High |
12.89 | 12.50 |
Alm Brand June 5, 2024 Market Strength
Market strength indicators help investors to evaluate how Alm Brand stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Alm Brand shares will generate the highest return on investment. By undertsting and applying Alm Brand stock market strength indicators, traders can identify Alm Brand entry and exit signals to maximize returns
| Accumulation Distribution | 30753.88 | |||
| Daily Balance Of Power | (0.93) | |||
| Rate Of Daily Change | 0.97 | |||
| Day Median Price | 12.71 | |||
| Day Typical Price | 12.64 | |||
| Price Action Indicator | (0.41) | |||
| Period Momentum Indicator | 1.23 |
Alm Brand Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Alm Brand's price direction in advance. Along with the technical and fundamental analysis of Alm Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Alm 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 | 0.0498 | |||
| Jensen Alpha | 0.0938 | |||
| Total Risk Alpha | 0.0762 | |||
| Sortino Ratio | 0.0683 | |||
| Treynor Ratio | 0.1541 |
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Other Information on Investing in Alm Stock
Alm Brand financial ratios help investors to determine whether Alm Stock is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in Alm with respect to the benefits of owning Alm Brand security.