Swedish Orphan (Germany) Price on May 6, 2024

B6E Stock  EUR 26.44  0.04  0.15%   
If you're considering investing in Swedish Stock, it is important to understand the factors that can impact its price. As of today, the current price of Swedish Orphan stands at 26.44, as last reported on the 23rd of December, with the highest price reaching 26.44 and the lowest price hitting 26.44 during the day. Swedish Orphan Biovitrum owns Efficiency Ratio (i.e., Sharpe Ratio) of -0.0329, which indicates the firm had a -0.0329% return per unit of risk over the last 3 months. Swedish Orphan Biovitrum exposes twenty-one different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please validate Swedish Orphan's Variance of 5.23, coefficient of variation of (4,244), and Risk Adjusted Performance of (0.01) to confirm the risk estimate we provide.
  
Swedish Stock price history is provided at the adjusted basis, taking into account all of the recent filings.

Sharpe Ratio = -0.0329

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Estimated Market Risk

 2.3
  actual daily
20
80% of assets are more volatile

Expected Return

 -0.08
  actual daily
0
Most of other assets have higher returns

Risk-Adjusted Return

 -0.03
  actual daily
0
Most of other assets perform better
Based on monthly moving average Swedish Orphan 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 Swedish Orphan by adding Swedish Orphan to a well-diversified portfolio.

Swedish Orphan Valuation on May 6, 2024

It is possible to determine the worth of Swedish Orphan on a given historical date. On May 6, 2024 Swedish was worth 23.9 at the beginning of the trading date compared to the closed value of 24.08. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Swedish Orphan stock. Still, in general, we apply an absolute valuation method to find Swedish Orphan'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 Swedish Orphan where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Swedish Orphan's related companies.
 Open High Low Close Volume
  23.86    24.06    23.86    23.90    350.00  
05/06/2024
  23.90    24.32    23.90    24.08    350.00  
  24.08    24.18    23.94    23.94    350.00  
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Open Value
23.9
24.08
Closing Value
30.80
Upside

Swedish Orphan Trading Date Momentum on May 6, 2024

On May 07 2024 Swedish Orphan Biovitrum was traded for  23.94  at the closing time. The highest daily price throughout the period was 24.18  and the lowest price was  23.94 . The daily volume was 350. The net trading volume on 05/07/2024 added to the next day price reduction. The overall trading delta to closing price of the next trading day was 0.58% . The trading price change to current closing price is 3.16% .

Swedish Orphan Biovitrum Fundamentals Correlations and Trends

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

About Swedish Orphan Stock history

Swedish Orphan 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 Swedish is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Swedish Orphan Biovitrum 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 Swedish Orphan stock prices may prove useful in developing a viable investing in Swedish Orphan
Swedish Orphan Biovitrum AB , an integrated biotechnology company, researches, develops, manufactures, and sells pharmaceuticals in the therapeutic areas of haemophilia, immunology, and genetic and metabolic diseases. Swedish Orphan Biovitrum AB is headquartered in Solna, Sweden. SWEDISH ORPHAN is traded on Frankfurt Stock Exchange in Germany.

Swedish Orphan Stock Technical Analysis

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

Swedish Orphan Period Price Range

Low
December 23, 2024
0.00  NaN%
High

 0.00 

     

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Swedish Orphan Biovitrum cannot be verified against its exchange. Please verify the symbol is currently traded on Frankfurt 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.

Swedish Orphan December 23, 2024 Market Strength

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

Swedish Orphan Technical and Predictive Indicators

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

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