AddLife AB (Sweden) Price on November 20, 2024

ALIF-B Stock  SEK 133.10  1.80  1.37%   
If you're considering investing in AddLife Stock, it is important to understand the factors that can impact its price. As of today, the current price of AddLife AB stands at 133.10, as last reported on the 1st of December, with the highest price reaching 134.00 and the lowest price hitting 129.30 during the day. AddLife AB secures Sharpe Ratio (or Efficiency) of -0.13, which signifies that the company had a -0.13% return per unit of standard deviation over the last 3 months. AddLife AB exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm AddLife AB's mean deviation of 1.47, and Risk Adjusted Performance of (0.1) to double-check the risk estimate we provide.
  
AddLife Stock price history is provided at the adjusted basis, taking into account all of the recent filings.

Sharpe Ratio = -0.1296

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Estimated Market Risk

 2.12
  actual daily
18
82% of assets are more volatile

Expected Return

 -0.28
  actual daily
0
Most of other assets have higher returns

Risk-Adjusted Return

 -0.13
  actual daily
0
Most of other assets perform better
Based on monthly moving average AddLife AB 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 AddLife AB by adding AddLife AB to a well-diversified portfolio.

AddLife AB Valuation on November 20, 2024

It is possible to determine the worth of AddLife AB on a given historical date. On November 20, 2024 AddLife was worth 128.5 at the beginning of the trading date compared to the closed value of 128.3. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of AddLife AB stock. Still, in general, we apply an absolute valuation method to find AddLife AB'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 AddLife AB where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against AddLife AB's related companies.
 Open High Low Close Volume
  129.00    130.40    126.60    128.10    71,748  
11/20/2024
  128.50    129.90    127.80    128.30    81,031  
  128.30    131.70    126.80    131.70    100,223  
Backtest AddLife AB  |  AddLife AB History  |  AddLife AB Valuation   PreviousNext  
Open Value
128.5
122.13
Downside
128.3
Closing Value
134.87
Upside

AddLife AB Trading Date Momentum on November 20, 2024

On November 21 2024 AddLife AB was traded for  131.70  at the closing time. The highest price during the trading period was 131.70  and the lowest recorded bid was listed for  126.80 . The volume for the day was 100.2 K. This history from November 21, 2024 contributed to the next trading day price jump. The overall trading delta to the next closing price was 2.65% . The overall trading delta to the current price is 0.78% .

AddLife AB Fundamentals Correlations and Trends

By evaluating AddLife AB'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 AddLife AB's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. AddLife financial account trend analysis is a perfect complement when working with valuation or volatility modules.

About AddLife AB Stock history

AddLife AB 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 AddLife is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in AddLife AB 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 AddLife AB stock prices may prove useful in developing a viable investing in AddLife AB
AddLife AB , together with its subsidiaries, supplies equipment, instruments, and reagents to medical care, research, colleges, and universities, as well as the food and pharmaceutical industries in Sweden, Finland, Denmark, Norway, and internationally. AddLife AB was founded in 1906 and is headquartered in Stockholm, Sweden. AddLife AB operates under Medical Instruments Supplies classification in Sweden and is traded on Stockholm Stock Exchange. It employs 908 people.

AddLife AB Stock Technical Analysis

AddLife AB 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 AddLife AB technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of AddLife AB 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...

Price Boundaries

AddLife AB Period Price Range

Low
December 1, 2024
0.00  NaN%
High

 0.00 

     

 0.00 

AddLife AB 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.

AddLife AB December 1, 2024 Market Strength

Market strength indicators help investors to evaluate how AddLife AB stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading AddLife AB shares will generate the highest return on investment. By undertsting and applying AddLife AB stock market strength indicators, traders can identify AddLife AB entry and exit signals to maximize returns

AddLife AB Technical and Predictive Indicators

Predictive indicators are helping investors to find signals for AddLife AB's price direction in advance. Along with the technical and fundamental analysis of AddLife Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of AddLife 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.

Complementary Tools for AddLife Stock analysis

When running AddLife AB's price analysis, check to measure AddLife AB'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 AddLife AB is operating at the current time. Most of AddLife AB's value examination focuses on studying past and present price action to predict the probability of AddLife AB's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move AddLife AB's price. Additionally, you may evaluate how the addition of AddLife AB to your portfolios can decrease your overall portfolio volatility.
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