Garo AB (Sweden) Price on October 4, 2024
GARO Stock | SEK 21.40 0.10 0.47% |
If you're considering investing in Garo Stock, it is important to understand the factors that can impact its price. As of today, the current price of Garo AB stands at 21.40, as last reported on the 30th of November, with the highest price reaching 22.55 and the lowest price hitting 21.05 during the day. Garo AB holds Efficiency (Sharpe) Ratio of -0.0526, which attests that the entity had a -0.0526% return per unit of risk over the last 3 months. Garo AB exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please check out Garo AB's Standard Deviation of 2.71, market risk adjusted performance of 0.6286, and Risk Adjusted Performance of (0.04) to validate the risk estimate we provide.
Garo Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
Garo |
Sharpe Ratio = -0.0526
Best Portfolio | Best Equity | |||
Good Returns | ||||
Average Returns | ||||
Small Returns | ||||
Cash | Small Risk | Average Risk | High Risk | Huge Risk |
Negative Returns | GARO |
Estimated Market Risk
2.72 actual daily | 24 76% of assets are more volatile |
Expected Return
-0.14 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 Garo 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 Garo AB by adding Garo AB to a well-diversified portfolio.
Garo AB Valuation on October 4, 2024
It is possible to determine the worth of Garo AB on a given historical date. On October 4, 2024 Garo was worth 21.35 at the beginning of the trading date compared to the closed value of 22.35. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Garo AB stock. Still, in general, we apply an absolute valuation method to find Garo 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 Garo AB where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Garo AB's related companies.
Open | High | Low | Close | Volume | |
22.05 | 22.40 | 21.35 | 21.35 | 29,713 | |
10/04/2024 | 21.35 | 22.90 | 21.35 | 22.35 | 32,455 |
22.30 | 22.75 | 21.75 | 22.00 | 179,888 |
Backtest Garo AB | | | Garo AB History | | | Garo AB Valuation | Previous | Next |
Garo AB Trading Date Momentum on October 4, 2024
On October 07 2024 Garo AB was traded for 22.00 at the closing time. The highest price during the trading period was 22.75 and the lowest recorded bid was listed for 21.75 . The volume for the day was 179.9 K. This history from October 7, 2024 contributed to the next trading day price decline. The overall trading delta to the next closing price was 1.57% . The overall trading delta to the current price is 3.80% . |
Garo AB Fundamentals Correlations and Trends
By evaluating Garo 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 Garo AB's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Garo financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Garo AB Stock history
Garo 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 Garo is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Garo 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 Garo AB stock prices may prove useful in developing a viable investing in Garo AB
Garo Aktiebolag develops, manufactures, and markets products and systems for the electrical installations industry in Sweden. Garo Aktiebolag was founded in 19 and is headquartered in Gnosj, Sweden. Garo AB operates under Diversified Industrials classification in Sweden and is traded on Stockholm Stock Exchange. It employs 416 people.
Garo AB Stock Technical Analysis
Garo 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
Garo AB Period Price Range
Low | November 30, 2024
| High |
0.00 | 0.00 |
Garo 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.
Garo AB November 30, 2024 Market Strength
Market strength indicators help investors to evaluate how Garo 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 Garo AB shares will generate the highest return on investment. By undertsting and applying Garo AB stock market strength indicators, traders can identify Garo AB entry and exit signals to maximize returns
Garo AB Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Garo AB's price direction in advance. Along with the technical and fundamental analysis of Garo Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Garo 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 | (0.13) | |||
Total Risk Alpha | (0.62) | |||
Treynor Ratio | 0.6186 |
Cycle Indicators | ||
Math Operators | ||
Math Transform | ||
Momentum Indicators | ||
Overlap Studies | ||
Pattern Recognition | ||
Price Transform | ||
Statistic Functions | ||
Volatility Indicators | ||
Volume Indicators |
Additional Tools for Garo Stock Analysis
When running Garo AB's price analysis, check to measure Garo 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 Garo AB is operating at the current time. Most of Garo AB's value examination focuses on studying past and present price action to predict the probability of Garo 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 Garo AB's price. Additionally, you may evaluate how the addition of Garo AB to your portfolios can decrease your overall portfolio volatility.