OssDsign (Sweden) Price on September 5, 2024
| OSSD Stock | SEK 10.04 0.09 0.90% |
If you're considering investing in OssDsign Stock, it is important to understand the factors that can impact its price. As of today, the current price of OssDsign stands at 10.04, as last reported on the 26th of December, with the highest price reaching 10.28 and the lowest price hitting 9.85 during the day. OssDsign appears to be somewhat reliable, given 3 months investment horizon. OssDsign AB maintains Sharpe Ratio (i.e., Efficiency) of 0.22, which implies the firm had a 0.22% return per unit of risk over the last 3 months. By analyzing OssDsign's technical indicators, you can evaluate if the expected return of 0.69% is justified by implied risk. Please evaluate OssDsign's Semi Deviation of 1.56, coefficient of variation of 498.55, and Risk Adjusted Performance of 0.1678 to confirm if our risk estimates are consistent with your expectations.
OssDsign Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
OssDsign |
Sharpe Ratio = 0.2156
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Estimated Market Risk
| 3.21 actual daily | 28 72% of assets are more volatile |
Expected Return
| 0.69 actual daily | 13 87% of assets have higher returns |
Risk-Adjusted Return
| 0.22 actual daily | 16 84% of assets perform better |
Based on monthly moving average OssDsign is performing at about 16% 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 OssDsign by adding it to a well-diversified portfolio.
OssDsign Valuation on September 5, 2024
It is possible to determine the worth of OssDsign on a given historical date. On September 5, 2024 OssDsign was worth 6.85 at the beginning of the trading date compared to the closed value of 6.93. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of OssDsign stock. Still, in general, we apply an absolute valuation method to find OssDsign'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 OssDsign where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against OssDsign's related companies.
| Open | High | Low | Close | Volume | |
| 6.92 | 7.19 | 6.51 | 7.01 | 561,479 | |
09/05/2024 | 6.85 | 7.08 | 6.85 | 6.93 | 369,351 |
| 6.93 | 7.14 | 6.81 | 6.87 | 431,428 |
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OssDsign Trading Date Momentum on September 5, 2024
| On September 06 2024 OssDsign AB was traded for 6.87 at the closing time. The highest price during the trading period was 7.14 and the lowest recorded bid was listed for 6.81 . The volume for the day was 431.4 K. This history from September 6, 2024 contributed to the next trading day price decline. The trading delta at closing time to the next closing price was 0.87% . The trading delta at closing time to the current price is 5.34% . |
OssDsign AB Fundamentals Correlations and Trends
By evaluating OssDsign'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 OssDsign's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. OssDsign financial account trend analysis is a perfect complement when working with valuation or volatility modules.About OssDsign Stock history
OssDsign 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 OssDsign is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in OssDsign 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 OssDsign stock prices may prove useful in developing a viable investing in OssDsign
OssDsign AB designs, manufactures, and sells implants and material technology for bone regeneration in Sweden, Germany, the United States, the United Kingdom, rest of Europe, and internationally. The company was incorporated in 2011 and is headquartered in Uppsala, Sweden. OssDsign is traded on Stockholm Stock Exchange in Sweden.
OssDsign Stock Technical Analysis
OssDsign 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
OssDsign Period Price Range
Low | December 26, 2024
| High |
0.00 | 0.00 |
OssDsign 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.
OssDsign December 26, 2024 Market Strength
Market strength indicators help investors to evaluate how OssDsign stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading OssDsign shares will generate the highest return on investment. By undertsting and applying OssDsign stock market strength indicators, traders can identify OssDsign AB entry and exit signals to maximize returns
OssDsign Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for OssDsign's price direction in advance. Along with the technical and fundamental analysis of OssDsign Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of OssDsign 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 | 0.1678 | |||
| Jensen Alpha | 0.6335 | |||
| Total Risk Alpha | 0.4873 | |||
| Sortino Ratio | 0.3037 | |||
| Treynor Ratio | (2.49) |
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Additional Tools for OssDsign Stock Analysis
When running OssDsign's price analysis, check to measure OssDsign'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 OssDsign is operating at the current time. Most of OssDsign's value examination focuses on studying past and present price action to predict the probability of OssDsign's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move OssDsign's price. Additionally, you may evaluate how the addition of OssDsign to your portfolios can decrease your overall portfolio volatility.