Adventure Box (Sweden) Price on September 12, 2024
ADVBOX Stock | SEK 0.21 0.01 5.00% |
If you're considering investing in Adventure Stock, it is important to understand the factors that can impact its price. As of today, the current price of Adventure Box stands at 0.21, as last reported on the 4th of December, with the highest price reaching 0.21 and the lowest price hitting 0.19 during the day. Adventure Box Technology secures Sharpe Ratio (or Efficiency) of -0.0403, which signifies that the company had a -0.0403% return per unit of risk over the last 3 months. Adventure Box Technology exposes twenty-four different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm Adventure Box's Mean Deviation of 4.12, risk adjusted performance of (0.03), and Standard Deviation of 6.25 to double-check the risk estimate we provide.
Adventure Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
Adventure |
Sharpe Ratio = -0.0403
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Estimated Market Risk
6.28 actual daily | 55 55% of assets are less volatile |
Expected Return
-0.25 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
-0.04 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Adventure Box 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 Adventure Box by adding Adventure Box to a well-diversified portfolio.
Adventure Box Valuation on September 12, 2024
It is possible to determine the worth of Adventure Box on a given historical date. On September 12, 2024 Adventure was worth 0.28 at the beginning of the trading date compared to the closed value of 0.27. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Adventure Box stock. Still, in general, we apply an absolute valuation method to find Adventure Box'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 Adventure Box where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Adventure Box's related companies.
Open | High | Low | Close | Volume | |
0.27 | 0.28 | 0.27 | 0.28 | 45,144 | |
09/12/2024 | 0.28 | 0.28 | 0.24 | 0.27 | 133,744 |
0.27 | 0.27 | 0.22 | 0.25 | 564,511 |
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Adventure Box Trading Date Momentum on September 12, 2024
On September 13 2024 Adventure Box Technology was traded for 0.25 at the closing time. The highest price during the trading period was 0.27 and the lowest recorded bid was listed for 0.22 . The volume for the day was 564.5 K. This history from September 13, 2024 contributed to the next trading day price decline. The overall trading delta to the next closing price was 7.41% . The overall trading delta to the current price is 7.41% . |
Adventure Box Technology Fundamentals Correlations and Trends
By evaluating Adventure Box'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 Adventure Box's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Adventure financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Adventure Box Stock history
Adventure Box 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 Adventure is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Adventure Box Technology 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 Adventure Box stock prices may prove useful in developing a viable investing in Adventure Box
Adventure Box Technology AB develops a platform that allows users to create, share, and play computer games online. The company was founded in 2014 and is headquartered in Stockholm, Sweden. Adventure Box is traded on Stockholm Stock Exchange in Sweden.
Adventure Box Stock Technical Analysis
Adventure Box 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
Adventure Box Period Price Range
Low | December 4, 2024
| High |
0.00 | 0.00 |
Adventure Box Technology cannot be verified against its exchange. Please verify the symbol is currently traded on Stockholm 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.
Adventure Box December 4, 2024 Market Strength
Market strength indicators help investors to evaluate how Adventure Box stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Adventure Box shares will generate the highest return on investment. By undertsting and applying Adventure Box stock market strength indicators, traders can identify Adventure Box Technology entry and exit signals to maximize returns
Adventure Box Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Adventure Box's price direction in advance. Along with the technical and fundamental analysis of Adventure Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Adventure 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 | (0.03) | |||
Jensen Alpha | (0.22) | |||
Total Risk Alpha | (1.16) | |||
Treynor Ratio | 0.367 |
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Volume Indicators |
Complementary Tools for Adventure Stock analysis
When running Adventure Box's price analysis, check to measure Adventure Box'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 Adventure Box is operating at the current time. Most of Adventure Box's value examination focuses on studying past and present price action to predict the probability of Adventure Box's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Adventure Box's price. Additionally, you may evaluate how the addition of Adventure Box to your portfolios can decrease your overall portfolio volatility.
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