Creades AB (Sweden) Price on October 1, 2024
| CRED-A Stock | SEK 73.65 0.30 0.41% |
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 73.65, as last reported on the 11th of December 2024, with the highest price reaching 74.05 and the lowest price hitting 72.95 during the day. At this point, Creades AB is very steady. Creades AB secures Sharpe Ratio (or Efficiency) of 0.0576, which signifies that the company had a 0.0576% return per unit of standard deviation over the last 3 months. We have found twenty-seven technical indicators for Creades AB, which you can use to evaluate the volatility of the firm. Please confirm Creades AB's mean deviation of 1.41, and Risk Adjusted Performance of 0.0516 to double-check if the risk estimate we provide is consistent with the expected return of 0.12%.
Creades Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
Creades |
Sharpe Ratio = 0.0576
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Estimated Market Risk
| 2.03 actual daily | 18 82% of assets are more volatile |
Expected Return
| 0.12 actual daily | 2 98% of assets have higher returns |
Risk-Adjusted Return
| 0.06 actual daily | 4 96% of assets perform better |
Based on monthly moving average Creades 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 Creades AB by adding it to a well-diversified portfolio.
Creades AB Valuation on October 1, 2024
It is possible to determine the worth of Creades AB on a given historical date. On October 1, 2024 Creades was worth 82.95 at the beginning of the trading date compared to the closed value of 82.9. 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 | |
| 81.85 | 83.00 | 81.06 | 82.70 | 313,204 | |
10/01/2024 | 82.95 | 84.29 | 81.61 | 82.90 | 351,076 |
| 83.40 | 83.89 | 81.80 | 83.30 | 250,406 |
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Creades AB Trading Date Momentum on October 1, 2024
| On October 02 2024 Creades AB was traded for 83.30 at the closing time. The highest price during the trading period was 83.89 and the lowest recorded bid was listed for 81.80 . The volume for the day was 250.4 K. This history from October 2, 2024 contributed to the next trading day price jump. The overall trading delta to the next closing price was 0.48% . The overall trading delta to the current price is 9.42% . |
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.
Price Boundaries
Creades AB Period Price Range
Low | December 11, 2024
| High |
0.00 | 0.00 |
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 December 11, 2024 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.
| Risk Adjusted Performance | 0.0516 | |||
| Jensen Alpha | 0.095 | |||
| Total Risk Alpha | (0.20) | |||
| Sortino Ratio | 6.0E-4 | |||
| Treynor Ratio | 0.649 |
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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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