Fluoguide (Sweden) Price on September 8, 2023
FLUO Stock | SEK 39.10 2.15 5.21% |
If you're considering investing in Fluoguide Stock, it is important to understand the factors that can impact its price. As of today, the current price of Fluoguide stands at 39.10, as last reported on the 4th of December, with the highest price reaching 44.55 and the lowest price hitting 37.30 during the day. Fluoguide AS secures Sharpe Ratio (or Efficiency) of -0.0152, which denotes the company had a -0.0152% return per unit of risk over the last 3 months. Fluoguide AS exposes twenty-four different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm Fluoguide's Standard Deviation of 2.92, mean deviation of 2.13, and Variance of 8.53 to check the risk estimate we provide.
Fluoguide Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
Fluoguide |
Sharpe Ratio = -0.0152
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Estimated Market Risk
2.92 actual daily | 26 74% of assets are more volatile |
Expected Return
-0.04 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
-0.02 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Fluoguide 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 Fluoguide by adding Fluoguide to a well-diversified portfolio.
Fluoguide Valuation on September 8, 2023
It is possible to determine the worth of Fluoguide on a given historical date. On September 8, 2023 Fluoguide was worth 92.0 at the beginning of the trading date compared to the closed value of 92.0. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Fluoguide stock. Still, in general, we apply an absolute valuation method to find Fluoguide'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 Fluoguide where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Fluoguide's related companies.
Open | High | Low | Close | Volume | |
88.00 | 92.80 | 83.20 | 92.20 | 9,609 | |
09/08/2023 | 92.00 | 92.80 | 85.20 | 92.00 | 3,363 |
92.00 | 93.80 | 92.00 | 92.00 | 5,442 |
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Fluoguide Trading Date Momentum on September 8, 2023
On September 11 2023 Fluoguide AS was traded for 92.00 at the closing time. The highest price during the trading period was 93.80 and the lowest recorded bid was listed for 92.00 . The volume for the day was 5.4 K. This history from September 11, 2023 did not affect price variability. The overall trading delta to the current price is 2.61% . |
Fluoguide AS Fundamentals Correlations and Trends
By evaluating Fluoguide'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 Fluoguide's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Fluoguide financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Fluoguide Stock history
Fluoguide 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 Fluoguide is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Fluoguide AS 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 Fluoguide stock prices may prove useful in developing a viable investing in Fluoguide
FluoGuide AS, a life science company, engages in the development and sale of surgical solutions in Denmark. The company was founded in 2018 and is based in Copenhagen, Denmark. FluoGuide is traded on Stockholm Stock Exchange in Sweden.
Fluoguide Stock Technical Analysis
Fluoguide 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
Fluoguide Period Price Range
Low | December 4, 2024
| High |
0.00 | 0.00 |
Fluoguide AS 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.
Fluoguide December 4, 2024 Market Strength
Market strength indicators help investors to evaluate how Fluoguide stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Fluoguide shares will generate the highest return on investment. By undertsting and applying Fluoguide stock market strength indicators, traders can identify Fluoguide AS entry and exit signals to maximize returns
Fluoguide Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Fluoguide's price direction in advance. Along with the technical and fundamental analysis of Fluoguide Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Fluoguide 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) | |||
Jensen Alpha | (0.05) | |||
Total Risk Alpha | (0.45) | |||
Treynor Ratio | 2.96 |
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Additional Tools for Fluoguide Stock Analysis
When running Fluoguide's price analysis, check to measure Fluoguide'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 Fluoguide is operating at the current time. Most of Fluoguide's value examination focuses on studying past and present price action to predict the probability of Fluoguide's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Fluoguide's price. Additionally, you may evaluate how the addition of Fluoguide to your portfolios can decrease your overall portfolio volatility.