ASSA ABLOY (Sweden) Price on October 1, 2024

ASSA-B Stock  SEK 331.60  4.00  1.19%   
If you're considering investing in ASSA Stock, it is important to understand the factors that can impact its price. As of today, the current price of ASSA ABLOY stands at 331.60, as last reported on the 27th of February, with the highest price reaching 334.70 and the lowest price hitting 329.10 during the day. ASSA ABLOY AB secures Sharpe Ratio (or Efficiency) of close to zero, which signifies that the company had a close to zero % return per unit of risk over the last 3 months. ASSA ABLOY AB exposes twenty-nine different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm ASSA ABLOY's mean deviation of 0.8321, and Risk Adjusted Performance of 0.0386 to double-check the risk estimate we provide.
  
ASSA Stock price history is provided at the adjusted basis, taking into account all of the recent filings.

Sharpe Ratio = -0.0078

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Estimated Market Risk

 1.22
  actual daily
10
90% of assets are more volatile

Expected Return

 -0.01
  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 ASSA ABLOY 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 ASSA ABLOY by adding ASSA ABLOY to a well-diversified portfolio.

ASSA ABLOY Valuation on October 1, 2024

It is possible to determine the worth of ASSA ABLOY on a given historical date. On October 1, 2024 ASSA was worth 339.96 at the beginning of the trading date compared to the closed value of 338.57. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of ASSA ABLOY stock. Still, in general, we apply an absolute valuation method to find ASSA ABLOY'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 ASSA ABLOY where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against ASSA ABLOY's related companies.
 Open High Low Close Volume
  338.27    340.75    337.48    338.87    1,230,502  
10/01/2024
  339.96    343.33    336.39    338.57    1,133,102  
  338.27    339.46    336.29    339.36    760,797  
Backtest ASSA ABLOY  |  ASSA ABLOY History  |  ASSA ABLOY Valuation   PreviousNext  
Open Value
339.96
336.31
Downside
338.57
Closing Value
343.61
Upside

ASSA ABLOY Trading Date Momentum on October 1, 2024

On October 02 2024 ASSA ABLOY AB was traded for  339.36  at the closing time. The highest price during the trading period was 339.46  and the lowest recorded bid was listed for  336.29 . The volume for the day was 760.8 K. This history from October 2, 2024 contributed to the next trading day price jump. The overall trading delta to the next closing price was 0.23% . The overall trading delta to the current price is 2.32% .

ASSA ABLOY AB Fundamentals Correlations and Trends

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

About ASSA ABLOY Stock history

ASSA ABLOY 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 ASSA is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in ASSA ABLOY 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 ASSA ABLOY stock prices may prove useful in developing a viable investing in ASSA ABLOY
ASSA ABLOY AB provides door opening products, solutions, and services for the institutional, commercial, and consumer markets in Europe, the Middle East, Africa, North and South America, Asia, and Oceania. ASSA ABLOY AB was founded in 1994 and is based in Stockholm, Sweden. ASSA ABLOY operates under Building And Construction Materials classification in Sweden and is traded on Stockholm Stock Exchange. It employs 48122 people.

ASSA ABLOY Stock Technical Analysis

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

ASSA ABLOY Period Price Range

Low
February 27, 2025
0.00  NaN%
High

 0.00 

     

 0.00 

ASSA ABLOY 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.

ASSA ABLOY February 27, 2025 Market Strength

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

ASSA ABLOY Technical and Predictive Indicators

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

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