Atlas Copco (Sweden) Price on October 3, 2024

ATCO-A Stock  SEK 174.15  1.85  1.07%   
If you're considering investing in Atlas Stock, it is important to understand the factors that can impact its price. As of today, the current price of Atlas Copco stands at 174.15, as last reported on the 29th of November, with the highest price reaching 174.15 and the lowest price hitting 171.20 during the day. Atlas Copco AB secures Sharpe Ratio (or Efficiency) of -0.0628, which signifies that the company had a -0.0628% return per unit of risk over the last 3 months. Atlas Copco AB exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm Atlas Copco's Mean Deviation of 1.05, standard deviation of 1.44, and Risk Adjusted Performance of (0.05) to double-check the risk estimate we provide.
  
Atlas Stock price history is provided at the adjusted basis, taking into account all of the recent filings.

Sharpe Ratio = -0.0628

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Estimated Market Risk

 1.45
  actual daily
12
88% of assets are more volatile

Expected Return

 -0.09
  actual daily
0
Most of other assets have higher returns

Risk-Adjusted Return

 -0.06
  actual daily
0
Most of other assets perform better
Based on monthly moving average Atlas Copco 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 Atlas Copco by adding Atlas Copco to a well-diversified portfolio.

Atlas Copco Valuation on October 3, 2024

It is possible to determine the worth of Atlas Copco on a given historical date. On October 3, 2024 Atlas was worth 194.91 at the beginning of the trading date compared to the closed value of 194.51. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Atlas Copco stock. Still, in general, we apply an absolute valuation method to find Atlas Copco'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 Atlas Copco where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Atlas Copco's related companies.
 Open High Low Close Volume
  194.16    196.20    193.96    196.20    2,316,717  
10/03/2024
  194.91    195.60    193.22    194.51    2,180,226  
  194.51    196.10    191.88    194.06    2,597,202  
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Open Value
194.91
190.57
Downside
194.51
Closing Value
199.25
Upside

Atlas Copco Trading Date Momentum on October 3, 2024

On October 04 2024 Atlas Copco AB was traded for  194.06  at the closing time. The highest price during the trading period was 196.10  and the lowest recorded bid was listed for  191.88 . The volume for the day was 2.6 M. This history from October 4, 2024 contributed to the next trading day price decline. The overall trading delta to the next closing price was 0.23% . The overall trading delta to the current price is 0.89% .

Atlas Copco AB Fundamentals Correlations and Trends

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

About Atlas Copco Stock history

Atlas Copco 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 Atlas is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Atlas Copco 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 Atlas Copco stock prices may prove useful in developing a viable investing in Atlas Copco
Atlas Copco AB, together with its subsidiaries, provides productivity solutions. The company was founded in 1873 and is headquartered in Nacka, Sweden. Atlas Copco operates under Specialty Industrial Machinery classification in Sweden and is traded on Stockholm Stock Exchange. It employs 47986 people.

Atlas Copco Stock Technical Analysis

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

Atlas Copco Period Price Range

Low
November 29, 2024
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Atlas Copco 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.

Atlas Copco November 29, 2024 Market Strength

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

Atlas Copco Technical and Predictive Indicators

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

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