C Rad (Sweden) Price on August 9, 2024

CRAD-B Stock  SEK 30.10  0.60  1.95%   
If you're considering investing in CRAD-B Stock, it is important to understand the factors that can impact its price. As of today, the current price of C Rad stands at 30.10, as last reported on the 4th of December, with the highest price reaching 30.85 and the lowest price hitting 30.10 during the day. C Rad AB 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. C Rad AB exposes twenty-four different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm C Rad's Mean Deviation of 1.63, coefficient of variation of (615.68), and Variance of 7.43 to double-check the risk estimate we provide.
  
CRAD-B Stock price history is provided at the adjusted basis, taking into account all of the recent filings.

Sharpe Ratio = -0.1658

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Estimated Market Risk

 2.75
  actual daily
24
76% of assets are more volatile

Expected Return

 -0.46
  actual daily
0
Most of other assets have higher returns

Risk-Adjusted Return

 -0.17
  actual daily
0
Most of other assets perform better
Based on monthly moving average C Rad 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 C Rad by adding C Rad to a well-diversified portfolio.

C Rad Valuation on August 9, 2024

It is possible to determine the worth of C Rad on a given historical date. On August 9, 2024 CRAD-B was worth 43.75 at the beginning of the trading date compared to the closed value of 43.5. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of C Rad stock. Still, in general, we apply an absolute valuation method to find C Rad'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 C Rad where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against C Rad's related companies.
 Open High Low Close Volume
  43.40    43.95    42.45    43.75    57,825  
08/09/2024
  43.75    43.75    42.90    43.50    29,214  
  44.05    44.35    43.60    43.95    36,601  
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Open Value
43.75
43.5
Closing Value
51.99
Upside

C Rad Trading Date Momentum on August 9, 2024

On August 12 2024 C Rad AB was traded for  43.95  at the closing time. The highest price during the trading period was 44.35  and the lowest recorded bid was listed for  43.60 . The volume for the day was 36.6 K. This history from August 12, 2024 contributed to the next trading day price jump. The overall trading delta to the next closing price was 1.03% . The overall trading delta to the current price is 0.69% .

C Rad AB Fundamentals Correlations and Trends

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

About C Rad Stock history

C Rad 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 CRAD-B is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in C Rad 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 C Rad stock prices may prove useful in developing a viable investing in C Rad
C-Rad AB , together with its subsidiaries, develops, manufactures, and sells systems with applications in radiation therapy for the treatment of cancer worldwide. C-Rad AB was founded in 2004 and is headquartered in Uppsala, Sweden. C RAD operates under Diagnostics Research classification in Sweden and is traded on Stockholm Stock Exchange. It employs 54 people.

C Rad Stock Technical Analysis

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

C Rad Period Price Range

Low
December 4, 2024
0.00  NaN%
High

 0.00 

     

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C Rad 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.

C Rad December 4, 2024 Market Strength

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

C Rad Technical and Predictive Indicators

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

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