Creades AB (Sweden) Price on July 15, 2024

CRED-A Stock  SEK 73.60  0.80  1.08%   
If you're considering investing in Creades Stock, it is important to understand the factors that can impact its price. As of today, the current price of Creades AB stands at 73.60, as last reported on the 7th of January, with the highest price reaching 74.50 and the lowest price hitting 73.15 during the day. Creades AB secures Sharpe Ratio (or Efficiency) of -0.0498, which signifies that the company had a -0.0498% return per unit of standard deviation over the last 3 months. Creades AB exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm Creades AB's mean deviation of 1.21, and Risk Adjusted Performance of (0.06) to double-check the risk estimate we provide.
  
Creades Stock price history is provided at the adjusted basis, taking into account all of the recent filings.

Sharpe Ratio = -0.0498

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Estimated Market Risk

 1.62
  actual daily
14
86% of assets are more volatile

Expected Return

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

Risk-Adjusted Return

 -0.05
  actual daily
0
Most of other assets perform better
Based on monthly moving average Creades AB 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 Creades AB by adding Creades AB to a well-diversified portfolio.

Creades AB Valuation on July 15, 2024

It is possible to determine the worth of Creades AB on a given historical date. On July 15, 2024 Creades was worth 77.19 at the beginning of the trading date compared to the closed value of 77.43. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Creades AB stock. Still, in general, we apply an absolute valuation method to find Creades 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 Creades AB where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Creades AB's related companies.
 Open High Low Close Volume
  76.69    78.08    74.86    77.63    129,695  
07/15/2024
  77.19    80.11    76.39    77.43    102,335  
  77.43    79.51    77.14    79.31    54,535  
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Open Value
77.19
77.43
Closing Value
82.05
Upside

Creades AB Trading Date Momentum on July 15, 2024

On July 16 2024 Creades AB was traded for  79.31  at the closing time. The highest price during the trading period was 79.51  and the lowest recorded bid was listed for  77.14 . The volume for the day was 54.5 K. This history from July 16, 2024 contributed to the next trading day price jump. The overall trading delta to the next closing price was 2.43% . The overall trading delta to the current price is 0.97% .

Creades AB Fundamentals Correlations and Trends

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

About Creades AB Stock history

Creades 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 Creades is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Creades 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 Creades AB stock prices may prove useful in developing a viable investing in Creades AB

Creades AB Stock Technical Analysis

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

Creades AB Period Price Range

Low
January 7, 2025
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High

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Creades 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.

Creades AB January 7, 2025 Market Strength

Market strength indicators help investors to evaluate how Creades 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 Creades AB shares will generate the highest return on investment. By undertsting and applying Creades AB stock market strength indicators, traders can identify Creades AB entry and exit signals to maximize returns

Creades AB Technical and Predictive Indicators

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

When running Creades AB's price analysis, check to measure Creades 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 Creades AB is operating at the current time. Most of Creades AB's value examination focuses on studying past and present price action to predict the probability of Creades 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 Creades AB's price. Additionally, you may evaluate how the addition of Creades AB to your portfolios can decrease your overall portfolio volatility.
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