Freemelt Holding (Sweden) Price on December 14, 2023
If you're considering investing in Freemelt Stock, it is important to understand the factors that can impact its price. Freemelt Holding secures Sharpe Ratio (or Efficiency) of -0.15, which denotes the company had a -0.15% return per unit of risk over the last 3 months. Freemelt Holding AB exposes fifteen different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm Freemelt Holding's Mean Deviation of 4.67, standard deviation of 8.53, and Variance of 72.83 to check the risk estimate we provide.
Freemelt Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
Freemelt |
Sharpe Ratio = -0.1481
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Estimated Market Risk
| 8.53 actual daily | 75 75% of assets are less volatile |
Expected Return
| -1.26 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| -0.15 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Freemelt Holding 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 Freemelt Holding by adding Freemelt Holding to a well-diversified portfolio.
Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.
About Freemelt Holding Stock history
Freemelt Holding 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 Freemelt is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Freemelt Holding 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 Freemelt Holding stock prices may prove useful in developing a viable investing in Freemelt Holding
Freemelt Holding Stock Technical Analysis
Freemelt Holding 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
Freemelt Holding Period Price Range
Low | December 29, 2024
| High |
0.00 | 0.00 |
Freemelt Holding 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.
Freemelt Holding December 29, 2024 Market Strength
Market strength indicators help investors to evaluate how Freemelt Holding stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Freemelt Holding shares will generate the highest return on investment. By undertsting and applying Freemelt Holding stock market strength indicators, traders can identify Freemelt Holding AB entry and exit signals to maximize returns
Freemelt Holding Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Freemelt Holding's price direction in advance. Along with the technical and fundamental analysis of Freemelt Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Freemelt 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 | (0.11) | |||
| Jensen Alpha | (1.26) | |||
| Total Risk Alpha | (1.51) | |||
| Treynor Ratio | 3.07 |
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Additional Tools for Freemelt Stock Analysis
When running Freemelt Holding's price analysis, check to measure Freemelt Holding'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 Freemelt Holding is operating at the current time. Most of Freemelt Holding's value examination focuses on studying past and present price action to predict the probability of Freemelt Holding's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Freemelt Holding's price. Additionally, you may evaluate how the addition of Freemelt Holding to your portfolios can decrease your overall portfolio volatility.