Mantex AB (Sweden) Price on November 25, 2024

MANTEX Stock  SEK 11.02  0.52  4.95%   
If you're considering investing in Mantex Stock, it is important to understand the factors that can impact its price. As of today, the current price of Mantex AB stands at 11.02, as last reported on the 22nd of March, with the highest price reaching 11.02 and the lowest price hitting 10.48 during the day. Mantex AB has Sharpe Ratio of -0.13, which conveys that the firm had a -0.13 % return per unit of risk over the last 3 months. Mantex AB exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please verify Mantex AB's Mean Deviation of 3.14, standard deviation of 4.4, and Risk Adjusted Performance of (0.11) to check out the risk estimate we provide.
  
Mantex Stock price history is provided at the adjusted basis, taking into account all of the recent filings.

Sharpe Ratio = -0.1326

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Estimated Market Risk

 4.4
  actual daily
39
61% of assets are more volatile

Expected Return

 -0.58
  actual daily
0
Most of other assets have higher returns

Risk-Adjusted Return

 -0.13
  actual daily
0
Most of other assets perform better
Based on monthly moving average Mantex 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 Mantex AB by adding Mantex AB to a well-diversified portfolio.

Mantex AB Valuation on November 25, 2024

It is possible to determine the worth of Mantex AB on a given historical date. On November 25, 2024 Mantex was worth 20.24 at the beginning of the trading date compared to the closed value of 21.6. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Mantex AB stock. Still, in general, we apply an absolute valuation method to find Mantex 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 Mantex AB where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Mantex AB's related companies.
 Open High Low Close Volume
  20.16    21.52    20.16    21.52    622.00  
11/25/2024
  20.24    21.60    20.24    21.60    543.00  
  21.00    21.00    16.84    18.20    15,879  
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Open Value
20.24
21.6
Closing Value
33.44
Upside

Mantex AB Trading Date Momentum on November 25, 2024

On November 26 2024 Mantex AB was traded for  18.20  at the closing time. The highest price during the trading period was 21.00  and the lowest recorded bid was listed for  16.84 . The volume for the day was 15.9 K. This history from November 26, 2024 contributed to the next trading day price decline. The trading delta at closing time to the next closing price was 15.74% . The trading delta at closing time to the current price is 27.78% .

Mantex AB Fundamentals Correlations and Trends

By evaluating Mantex 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 Mantex AB's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Mantex financial account trend analysis is a perfect complement when working with valuation or volatility modules.

About Mantex AB Stock history

Mantex 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 Mantex is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Mantex 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 Mantex AB stock prices may prove useful in developing a viable investing in Mantex AB
Mantex AB manufactures and sells industrial X-ray scanners for bioenergy, pulp and paper, research, and other applications in Sweden and internationally. The company offers biofuel analyzers that assess the quality of wood-based biofuels flow scanners to scan wood chips for pulp and paper production and log scanners for foreign object detection and log measurements. Mantex AB is traded on Stockholm Stock Exchange in Sweden.

Mantex AB Stock Technical Analysis

Mantex 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.
A focus of Mantex AB technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of Mantex AB trading pattern rather than external drivers such as economic, fundamental, or social events. It is believed that price action tends to repeat itself due to investors' collective, patterned behavior. Hence technical analysis focuses on identifiable price trends and conditions. More Info...

Price Boundaries

Mantex AB Period Price Range

Low
March 22, 2025
0.00  NaN%
High

 0.00 

     

 0.00 

Mantex 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.

Mantex AB March 22, 2025 Market Strength

Market strength indicators help investors to evaluate how Mantex 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 Mantex AB shares will generate the highest return on investment. By undertsting and applying Mantex AB stock market strength indicators, traders can identify Mantex AB entry and exit signals to maximize returns

Mantex AB Technical and Predictive Indicators

Predictive indicators are helping investors to find signals for Mantex AB's price direction in advance. Along with the technical and fundamental analysis of Mantex Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Mantex 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.

Complementary Tools for Mantex Stock analysis

When running Mantex AB's price analysis, check to measure Mantex 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 Mantex AB is operating at the current time. Most of Mantex AB's value examination focuses on studying past and present price action to predict the probability of Mantex 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 Mantex AB's price. Additionally, you may evaluate how the addition of Mantex AB to your portfolios can decrease your overall portfolio volatility.
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