Industrivarden (Sweden) Price on December 2, 2024
| INDU-C Stock | SEK 368.40 2.90 0.78% |
If you're considering investing in Industrivarden Stock, it is important to understand the factors that can impact its price. As of today, the current price of Industrivarden stands at 368.40, as last reported on the 11th of December 2024, with the highest price reaching 371.20 and the lowest price hitting 368.40 during the day. At this point, Industrivarden is very steady. Industrivarden AB ser holds Efficiency (Sharpe) Ratio of 0.0718, which attests that the entity had a 0.0718% return per unit of risk over the last 3 months. We have found twenty-eight technical indicators for Industrivarden AB ser, which you can use to evaluate the volatility of the firm. Please check out Industrivarden's Risk Adjusted Performance of 0.0591, downside deviation of 0.8998, and Market Risk Adjusted Performance of 0.3173 to validate if the risk estimate we provide is consistent with the expected return of 0.0676%.
Industrivarden Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
Industrivarden |
Sharpe Ratio = 0.0718
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Estimated Market Risk
| 0.94 actual daily | 8 92% of assets are more volatile |
Expected Return
| 0.07 actual daily | 1 99% of assets have higher returns |
Risk-Adjusted Return
| 0.07 actual daily | 5 95% of assets perform better |
Based on monthly moving average Industrivarden is performing at about 5% 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 Industrivarden by adding it to a well-diversified portfolio.
Industrivarden Valuation on December 2, 2024
It is possible to determine the worth of Industrivarden on a given historical date. On December 2, 2024 Industrivarden was worth 355.0 at the beginning of the trading date compared to the closed value of 363.6. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Industrivarden stock. Still, in general, we apply an absolute valuation method to find Industrivarden'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 Industrivarden where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Industrivarden's related companies.
| Open | High | Low | Close | Volume | |
| 358.00 | 359.00 | 356.10 | 357.50 | 497,842 | |
12/02/2024 | 355.00 | 364.20 | 354.20 | 363.60 | 290,073 |
| 363.90 | 368.40 | 363.80 | 366.40 | 329,348 |
| Backtest Industrivarden | | | Industrivarden History | | | Industrivarden Valuation | Previous | Next |
Industrivarden Trading Date Momentum on December 2, 2024
| On December 03 2024 Industrivarden AB ser was traded for 366.40 at the closing time. The highest price during the trading period was 368.40 and the lowest recorded bid was listed for 363.80 . The volume for the day was 329.3 K. This history from December 3, 2024 contributed to the next trading day price jump. The trading delta at closing time to the next closing price was 0.77% . The trading delta at closing time to the current price is 1.90% . |
Industrivarden AB ser Fundamentals Correlations and Trends
By evaluating Industrivarden'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 Industrivarden's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Industrivarden financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Industrivarden Stock history
Industrivarden 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 Industrivarden is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Industrivarden 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 Industrivarden stock prices may prove useful in developing a viable investing in Industrivarden
Aktiebolaget Industrivrden is a publicly owned investment manager. Aktiebolaget Industrivrden was founded in 1944 and is based in Stockholm, Sweden. Industrivrden operates under Financial Services classification in Sweden and is traded on Stockholm Stock Exchange.
Industrivarden Stock Technical Analysis
Industrivarden 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
Industrivarden Period Price Range
Low | December 11, 2024
| High |
0.00 | 0.00 |
Industrivarden 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.
Industrivarden December 11, 2024 Market Strength
Market strength indicators help investors to evaluate how Industrivarden stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Industrivarden shares will generate the highest return on investment. By undertsting and applying Industrivarden stock market strength indicators, traders can identify Industrivarden AB ser entry and exit signals to maximize returns
Industrivarden Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Industrivarden's price direction in advance. Along with the technical and fundamental analysis of Industrivarden Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Industrivarden 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 | 0.0591 | |||
| Jensen Alpha | 0.04 | |||
| Total Risk Alpha | (0.09) | |||
| Sortino Ratio | (0.06) | |||
| Treynor Ratio | 0.3073 |
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| Volume Indicators |
Complementary Tools for Industrivarden Stock analysis
When running Industrivarden's price analysis, check to measure Industrivarden'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 Industrivarden is operating at the current time. Most of Industrivarden's value examination focuses on studying past and present price action to predict the probability of Industrivarden's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Industrivarden's price. Additionally, you may evaluate how the addition of Industrivarden to your portfolios can decrease your overall portfolio volatility.
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