Fragbite Group (Sweden) Price on September 25, 2024
| FRAG Stock | 7.50 0.05 0.66% |
If you're considering investing in Fragbite Stock, it is important to understand the factors that can impact its price. As of today, the current price of Fragbite Group stands at 7.50, as last reported on the 22nd of December, with the highest price reaching 8.35 and the lowest price hitting 7.00 during the day. Fragbite Group is out of control given 3 months investment horizon. Fragbite Group AB secures Sharpe Ratio (or Efficiency) of 0.12, which denotes the company had a 0.12% return per unit of standard deviation over the last 3 months. We were able to interpolate and analyze data for twenty-eight different technical indicators, which can help you to evaluate if expected returns of 14.41% are justified by taking the suggested risk. Use Fragbite Group Coefficient Of Variation of 813.25, downside deviation of 6.99, and Mean Deviation of 1569.89 to evaluate company specific risk that cannot be diversified away.
Fragbite Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
Fragbite |
Sharpe Ratio = 0.1167
| Best Portfolio | Best Equity | FRAG | ||
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Estimated Market Risk
| 123.45 actual daily | 96 96% of assets are less volatile |
Expected Return
| 5.01 actual daily | 96 96% of assets have lower returns |
Risk-Adjusted Return
| 0.12 actual daily | 9 91% of assets perform better |
Based on monthly moving average Fragbite Group is performing at about 9% 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 Fragbite Group by adding it to a well-diversified portfolio.
Fragbite Group Valuation on September 25, 2024
It is possible to determine the worth of Fragbite Group on a given historical date. On September 25, 2024 Fragbite was worth 0.0285 at the beginning of the trading date compared to the closed value of 0.0245. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Fragbite Group stock. Still, in general, we apply an absolute valuation method to find Fragbite Group'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 Fragbite Group where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Fragbite Group's related companies.
| Open | High | Low | Close | Volume | |
| 0.03 | 0.03 | 0.02 | 0.03 | 26,970,949 | |
09/25/2024 | 0.03 | 0.03 | 0.02 | 0.02 | 20,708,597 |
| 0.03 | 0.03 | 0.02 | 0.02 | 5,508,111 |
| Backtest Fragbite Group | | | Fragbite Group History | | | Fragbite Group Valuation | Previous | Next |
Fragbite Group Trading Date Momentum on September 25, 2024
| On September 26 2024 Fragbite Group AB was traded for 0.02 at the closing time. The highest price during the trading period was 0.03 and the lowest recorded bid was listed for 0.02 . The volume for the day was 5.5 M. This history from September 26, 2024 contributed to the next trading day price decline. The overall trading delta to the next closing price was 8.16% . The overall trading delta to the current price is 28.57% . |
Fragbite Group AB Fundamentals Correlations and Trends
By evaluating Fragbite Group'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 Fragbite Group's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Fragbite financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Fragbite Group Stock history
Fragbite Group 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 Fragbite is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Fragbite Group 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 Fragbite Group stock prices may prove useful in developing a viable investing in Fragbite Group
Fragbite Group Stock Technical Analysis
Fragbite Group 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
Fragbite Group Period Price Range
Low | December 22, 2024
| High |
0.00 | 0.00 |
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Fragbite Group December 22, 2024 Market Strength
Market strength indicators help investors to evaluate how Fragbite Group stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Fragbite Group shares will generate the highest return on investment. By undertsting and applying Fragbite Group stock market strength indicators, traders can identify Fragbite Group AB entry and exit signals to maximize returns
Fragbite Group Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Fragbite Group's price direction in advance. Along with the technical and fundamental analysis of Fragbite Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Fragbite 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 | 0.1074 | |||
| Jensen Alpha | 805.3 | |||
| Total Risk Alpha | 614.86 | |||
| Sortino Ratio | 113.89 | |||
| Treynor Ratio | (1.94) |
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Additional Tools for Fragbite Stock Analysis
When running Fragbite Group's price analysis, check to measure Fragbite Group'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 Fragbite Group is operating at the current time. Most of Fragbite Group's value examination focuses on studying past and present price action to predict the probability of Fragbite Group's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Fragbite Group's price. Additionally, you may evaluate how the addition of Fragbite Group to your portfolios can decrease your overall portfolio volatility.