CDON AB (Sweden) Price on November 12, 2024
| CDON Stock | 95.00 3.80 4.17% |
If you're considering investing in CDON Stock, it is important to understand the factors that can impact its price. As of today, the current price of CDON AB stands at 95.00, as last reported on the 11th of December 2024, with the highest price reaching 96.00 and the lowest price hitting 90.80 during the day. CDON AB appears to be very steady, given 3 months investment horizon. CDON AB secures Sharpe Ratio (or Efficiency) of 0.0632, which signifies that the company had a 0.0632% return per unit of risk over the last 3 months. We have found twenty-nine technical indicators for CDON AB, which you can use to evaluate the volatility of the firm. Please makes use of CDON AB's mean deviation of 2.86, and Risk Adjusted Performance of 0.0165 to double-check if our risk estimates are consistent with your expectations.
CDON Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
CDON |
Sharpe Ratio = 0.0632
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Estimated Market Risk
| 4.29 actual daily | 38 62% of assets are more volatile |
Expected Return
| 0.27 actual daily | 5 95% of assets have higher returns |
Risk-Adjusted Return
| 0.06 actual daily | 4 96% of assets perform better |
Based on monthly moving average CDON AB is performing at about 4% 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 CDON AB by adding it to a well-diversified portfolio.
CDON AB Valuation on November 12, 2024
It is possible to determine the worth of CDON AB on a given historical date. On November 12, 2024 CDON was worth 93.4 at the beginning of the trading date compared to the closed value of 95.0. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of CDON AB stock. Still, in general, we apply an absolute valuation method to find CDON 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 CDON AB where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against CDON AB's related companies.
| Open | High | Low | Close | Volume | |
| 95.00 | 95.00 | 88.80 | 93.00 | 16,053 | |
11/12/2024 | 93.40 | 95.00 | 90.20 | 95.00 | 1,517 |
| 90.20 | 95.80 | 90.20 | 95.00 | 9,798 |
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CDON AB Trading Date Momentum on November 12, 2024
| On November 13 2024 CDON AB was traded for 95.00 at the closing time. The highest price during the trading period was 95.80 and the lowest recorded bid was listed for 90.20 . The volume for the day was 9.8 K. This history from November 13, 2024 did not affect price variability. The overall trading delta to the current price is 0.63% . |
CDON AB Fundamentals Correlations and Trends
By evaluating CDON 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 CDON AB's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. CDON financial account trend analysis is a perfect complement when working with valuation or volatility modules.About CDON AB Stock history
CDON 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 CDON is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in CDON 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 CDON AB stock prices may prove useful in developing a viable investing in CDON AB
CDON AB Stock Technical Analysis
CDON 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.
Price Boundaries
CDON AB Period Price Range
Low | December 11, 2024
| High |
0.00 | 0.00 |
CDON 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.
CDON AB December 11, 2024 Market Strength
Market strength indicators help investors to evaluate how CDON 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 CDON AB shares will generate the highest return on investment. By undertsting and applying CDON AB stock market strength indicators, traders can identify CDON AB entry and exit signals to maximize returns
CDON AB Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for CDON AB's price direction in advance. Along with the technical and fundamental analysis of CDON Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of CDON 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 | 0.0165 | |||
| Jensen Alpha | 0.0672 | |||
| Total Risk Alpha | (0.65) | |||
| Sortino Ratio | (0.02) | |||
| Treynor Ratio | (0.16) |
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| Volume Indicators |
Additional Tools for CDON Stock Analysis
When running CDON AB's price analysis, check to measure CDON 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 CDON AB is operating at the current time. Most of CDON AB's value examination focuses on studying past and present price action to predict the probability of CDON 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 CDON AB's price. Additionally, you may evaluate how the addition of CDON AB to your portfolios can decrease your overall portfolio volatility.