Ellwee AB (Sweden) Price on August 15, 2023
ELLWEE Stock | SEK 3.96 0.01 0.25% |
If you're considering investing in Ellwee Stock, it is important to understand the factors that can impact its price. As of today, the current price of Ellwee AB stands at 3.96, as last reported on the 11th of December 2024, with the highest price reaching 3.96 and the lowest price hitting 3.96 during the day. Ellwee AB secures Sharpe Ratio (or Efficiency) of -0.0491, which denotes the company had a -0.0491% return per unit of risk over the last 3 months. Ellwee AB exposes twenty-one different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm Ellwee AB's Standard Deviation of 2.25, mean deviation of 1.53, and Variance of 5.07 to check the risk estimate we provide.
Ellwee Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
Ellwee |
Sharpe Ratio = -0.0491
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Estimated Market Risk
2.26 actual daily | 20 80% of assets are more volatile |
Expected Return
-0.11 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 Ellwee 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 Ellwee AB by adding Ellwee AB to a well-diversified portfolio.
Ellwee AB Valuation on August 15, 2023
It is possible to determine the worth of Ellwee AB on a given historical date. On August 15, 2023 Ellwee was worth 21.6 at the beginning of the trading date compared to the closed value of 19.25. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Ellwee AB stock. Still, in general, we apply an absolute valuation method to find Ellwee 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 Ellwee AB where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Ellwee AB's related companies.
Open | High | Low | Close | Volume | |
20.80 | 22.60 | 20.50 | 21.60 | 441.00 | |
08/15/2023 | 21.60 | 21.60 | 19.20 | 19.25 | 2,367 |
19.25 | 19.25 | 18.45 | 18.45 | 423.00 |
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Ellwee AB Trading Date Momentum on August 15, 2023
On August 16 2023 Ellwee AB was traded for 18.45 at the closing time. The highest price during the trading period was 19.25 and the lowest recorded bid was listed for 18.45 . The volume for the day was 423. This history from August 16, 2023 contributed to the next trading day price decline. The overall trading delta to the next closing price was 4.16% . The overall trading delta to the current price is 6.49% . |
Ellwee AB Fundamentals Correlations and Trends
By evaluating Ellwee 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 Ellwee AB's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Ellwee financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Ellwee AB Stock history
Ellwee 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 Ellwee is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Ellwee 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 Ellwee AB stock prices may prove useful in developing a viable investing in Ellwee AB
Ellwee AB Stock Technical Analysis
Ellwee 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
Ellwee AB Period Price Range
Low | December 11, 2024
| High |
0.00 | 0.00 |
Ellwee 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.
Ellwee AB December 11, 2024 Market Strength
Market strength indicators help investors to evaluate how Ellwee 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 Ellwee AB shares will generate the highest return on investment. By undertsting and applying Ellwee AB stock market strength indicators, traders can identify Ellwee AB entry and exit signals to maximize returns
Ellwee AB Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Ellwee AB's price direction in advance. Along with the technical and fundamental analysis of Ellwee Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Ellwee 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 | (0.04) | |||
Jensen Alpha | (0.15) | |||
Total Risk Alpha | (0.50) | |||
Treynor Ratio | (44.60) |
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Complementary Tools for Ellwee Stock analysis
When running Ellwee AB's price analysis, check to measure Ellwee 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 Ellwee AB is operating at the current time. Most of Ellwee AB's value examination focuses on studying past and present price action to predict the probability of Ellwee 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 Ellwee AB's price. Additionally, you may evaluate how the addition of Ellwee AB to your portfolios can decrease your overall portfolio volatility.
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