Arion Banki (Sweden) Price on February 9, 2024
| ARION-SDB | SEK 12.55 0.05 0.40% |
If you're considering investing in Arion Stock, it is important to understand the factors that can impact its price. As of today, the current price of Arion Banki stands at 12.55, as last reported on the 11th of December 2024, with the highest price reaching 12.55 and the lowest price hitting 12.25 during the day. Arion Banki appears to be not too volatile, given 3 months investment horizon. Arion banki hf secures Sharpe Ratio (or Efficiency) of 0.17, which signifies that the company had a 0.17% return per unit of risk over the last 3 months. We have found twenty-eight technical indicators for Arion banki hf, which you can use to evaluate the volatility of the firm. Please makes use of Arion Banki's Mean Deviation of 1.29, downside deviation of 1.44, and Risk Adjusted Performance of 0.1065 to double-check if our risk estimates are consistent with your expectations.
Arion Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
Arion |
Sharpe Ratio = 0.1657
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Estimated Market Risk
| 1.73 actual daily | 15 85% of assets are more volatile |
Expected Return
| 0.29 actual daily | 5 95% of assets have higher returns |
Risk-Adjusted Return
| 0.17 actual daily | 13 87% of assets perform better |
Based on monthly moving average Arion Banki is performing at about 13% 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 Arion Banki by adding it to a well-diversified portfolio.
Arion Banki Valuation on February 9, 2024
It is possible to determine the worth of Arion Banki on a given historical date. On February 9, 2024 Arion was worth 11.8 at the beginning of the trading date compared to the closed value of 11.76. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Arion Banki stock. Still, in general, we apply an absolute valuation method to find Arion Banki'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 Arion Banki where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Arion Banki's related companies.
| Open | High | Low | Close | Volume | |
| 11.58 | 11.96 | 11.56 | 11.72 | 43,770 | |
02/09/2024 | 11.80 | 11.80 | 11.20 | 11.76 | 12,263 |
| 11.76 | 11.78 | 11.54 | 11.78 | 8,317 |
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Arion Banki Trading Date Momentum on February 9, 2024
| On February 12 2024 Arion banki hf was traded for 11.78 at the closing time. The highest price during the trading period was 11.78 and the lowest recorded bid was listed for 11.54 . The volume for the day was 8.3 K. This history from February 12, 2024 contributed to the next trading day price appreciation. The overall trading delta to the next closing price was 0.17% . The overall trading delta to the current price is 0.51% . |
Arion banki hf Fundamentals Correlations and Trends
By evaluating Arion Banki'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 Arion Banki's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Arion financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Arion Banki Stock history
Arion Banki 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 Arion is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Arion banki hf 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 Arion Banki stock prices may prove useful in developing a viable investing in Arion Banki
Arion banka hf. provides various financial services to companies, institutional investors, and individuals in Iceland. The company was founded in 2008 and is based in Reykjavk, Iceland. Arion Banki is traded on Stockholm Stock Exchange in Sweden.
Arion Banki Stock Technical Analysis
Arion Banki 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
Arion Banki Period Price Range
Low | December 11, 2024
| High |
0.00 | 0.00 |
Arion banki hf 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.
Arion Banki December 11, 2024 Market Strength
Market strength indicators help investors to evaluate how Arion Banki stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Arion Banki shares will generate the highest return on investment. By undertsting and applying Arion Banki stock market strength indicators, traders can identify Arion banki hf entry and exit signals to maximize returns
Arion Banki Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Arion Banki's price direction in advance. Along with the technical and fundamental analysis of Arion Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Arion 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 | 0.1065 | |||
| Jensen Alpha | 0.2578 | |||
| Total Risk Alpha | (0.04) | |||
| Sortino Ratio | 0.0818 | |||
| Treynor Ratio | (1.06) |
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Additional Tools for Arion Stock Analysis
When running Arion Banki's price analysis, check to measure Arion Banki'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 Arion Banki is operating at the current time. Most of Arion Banki's value examination focuses on studying past and present price action to predict the probability of Arion Banki's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Arion Banki's price. Additionally, you may evaluate how the addition of Arion Banki to your portfolios can decrease your overall portfolio volatility.