Ellwee AB (Sweden) Price on November 4, 2024

ELLWEE Stock  SEK 4.00  0.04  0.99%   
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 4.00, as last reported on the 3rd of December, with the highest price reaching 4.00 and the lowest price hitting 4.00 during the day. Ellwee AB secures Sharpe Ratio (or Efficiency) of -0.11, which denotes the company had a -0.11% 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 2.78, mean deviation of 1.86, and Variance of 7.74 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.

Sharpe Ratio = -0.1126

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Estimated Market Risk

 2.8
  actual daily
24
76% of assets are more volatile

Expected Return

 -0.32
  actual daily
0
Most of other assets have higher returns

Risk-Adjusted Return

 -0.11
  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 November 4, 2024

It is possible to determine the worth of Ellwee AB on a given historical date. On November 4, 2024 Ellwee was worth 4.19 at the beginning of the trading date compared to the closed value of 4.21. 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
  4.10    4.10    4.10    4.10    21.00  
11/04/2024
  4.19    4.21    4.10    4.21    586.00  
  4.21    4.21    4.10    4.10    518.00  
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Open Value
4.19
4.21
Closing Value
12.60
Upside

Ellwee AB Trading Date Momentum on November 4, 2024

On November 05 2024 Ellwee AB was traded for  4.10  at the closing time. The highest price during the trading period was 4.21  and the lowest recorded bid was listed for  4.10 . The volume for the day was 518. This history from November 5, 2024 contributed to the next trading day price decline. The overall trading delta to the next closing price was 2.61% . The overall trading delta to the current price is 2.61% .

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

Ellwee AB Period Price Range

Low
December 3, 2024
0.00  NaN%
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 3, 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.

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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