Getinge AB (Sweden) Price on August 22, 2024
| GETI-B Stock | SEK 224.20 22.40 11.10% |
If you're considering investing in Getinge Stock, it is important to understand the factors that can impact its price. As of today, the current price of Getinge AB stands at 224.20, as last reported on the 28th of January, with the highest price reaching 226.30 and the lowest price hitting 216.60 during the day. Getinge AB appears to be very steady, given 3 months investment horizon. Getinge AB ser holds Efficiency (Sharpe) Ratio of 0.13, which attests that the entity had a 0.13 % return per unit of risk over the last 3 months. We have found twenty-nine technical indicators for Getinge AB ser, which you can use to evaluate the volatility of the firm. Please utilize Getinge AB's Market Risk Adjusted Performance of (0.08), risk adjusted performance of 0.0219, and Downside Deviation of 1.88 to validate if our risk estimates are consistent with your expectations.
Getinge Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
Getinge |
Sharpe Ratio = 0.1298
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Estimated Market Risk
| 2.09 actual daily | 18 82% of assets are more volatile |
Expected Return
| 0.27 actual daily | 5 95% of assets have higher returns |
Risk-Adjusted Return
| 0.13 actual daily | 10 90% of assets perform better |
Based on monthly moving average Getinge AB is performing at about 10% 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 Getinge AB by adding it to a well-diversified portfolio.
Getinge AB Valuation on August 22, 2024
It is possible to determine the worth of Getinge AB on a given historical date. On August 22, 2024 Getinge was worth 203.9 at the beginning of the trading date compared to the closed value of 211.6. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Getinge AB stock. Still, in general, we apply an absolute valuation method to find Getinge 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 Getinge AB where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Getinge AB's related companies.
| Open | High | Low | Close | Volume | |
| 202.10 | 205.60 | 202.10 | 203.40 | 351,375 | |
08/22/2024 | 203.90 | 213.10 | 203.90 | 211.60 | 873,460 |
| 204.60 | 209.90 | 203.90 | 209.60 | 930,490 |
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Getinge AB Trading Date Momentum on August 22, 2024
| On August 23 2024 Getinge AB ser was traded for 209.60 at the closing time. The highest price during the trading period was 209.90 and the lowest recorded bid was listed for 203.90 . The volume for the day was 930.5 K. This history from August 23, 2024 contributed to the next trading day price decline. The overall trading delta to the next closing price was 0.95% . The overall trading delta to the current price is 1.23% . |
Getinge AB ser Fundamentals Correlations and Trends
By evaluating Getinge 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 Getinge AB's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Getinge financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Getinge AB Stock history
Getinge 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 Getinge is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Getinge AB ser 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 Getinge AB stock prices may prove useful in developing a viable investing in Getinge AB
Getinge AB provides products and solutions for operating rooms, intensive-care units, sterilization departments, and life science companies and institutions. Getinge AB was founded in 1904 and is headquartered in Gothenburg, Sweden. Getinge AB operates under Medical Instruments Supplies classification in Sweden and is traded on Stockholm Stock Exchange. It employs 10771 people.
Getinge AB Stock Technical Analysis
Getinge 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
Getinge AB Period Price Range
Low | January 28, 2025
| High |
0.00 | 0.00 |
Getinge AB ser 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.
Getinge AB January 28, 2025 Market Strength
Market strength indicators help investors to evaluate how Getinge 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 Getinge AB shares will generate the highest return on investment. By undertsting and applying Getinge AB stock market strength indicators, traders can identify Getinge AB ser entry and exit signals to maximize returns
Getinge AB Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Getinge AB's price direction in advance. Along with the technical and fundamental analysis of Getinge Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Getinge 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 | 0.0219 | |||
| Jensen Alpha | 0.0394 | |||
| Total Risk Alpha | (0.11) | |||
| Sortino Ratio | (0.03) | |||
| Treynor Ratio | (0.09) |
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Complementary Tools for Getinge Stock analysis
When running Getinge AB's price analysis, check to measure Getinge 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 Getinge AB is operating at the current time. Most of Getinge AB's value examination focuses on studying past and present price action to predict the probability of Getinge 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 Getinge AB's price. Additionally, you may evaluate how the addition of Getinge AB to your portfolios can decrease your overall portfolio volatility.
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