Paradox Interactive (Sweden) Price on June 19, 2024
| PDX Stock | SEK 185.80 0.30 0.16% |
If you're considering investing in Paradox Stock, it is important to understand the factors that can impact its price. As of today, the current price of Paradox Interactive stands at 185.80, as last reported on the 2nd of December, with the highest price reaching 189.10 and the lowest price hitting 184.50 during the day. Paradox Interactive appears to be very steady, given 3 months investment horizon. Paradox Interactive maintains Sharpe Ratio (i.e., Efficiency) of 0.2, which implies the firm had a 0.2% return per unit of risk over the last 3 months. We have found twenty-nine technical indicators for Paradox Interactive, which you can use to evaluate the volatility of the company. Please evaluate Paradox Interactive's Risk Adjusted Performance of 0.1655, semi deviation of 1.23, and Coefficient Of Variation of 479.3 to confirm if our risk estimates are consistent with your expectations.
Paradox Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
Paradox |
Sharpe Ratio = 0.1997
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Estimated Market Risk
| 1.89 actual daily | 16 84% of assets are more volatile |
Expected Return
| 0.38 actual daily | 7 93% of assets have higher returns |
Risk-Adjusted Return
| 0.2 actual daily | 15 85% of assets perform better |
Based on monthly moving average Paradox Interactive is performing at about 15% 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 Paradox Interactive by adding it to a well-diversified portfolio.
Paradox Interactive Valuation on June 19, 2024
It is possible to determine the worth of Paradox Interactive on a given historical date. On June 19, 2024 Paradox was worth 129.1 at the beginning of the trading date compared to the closed value of 133.1. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Paradox Interactive stock. Still, in general, we apply an absolute valuation method to find Paradox Interactive'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 Paradox Interactive where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Paradox Interactive's related companies.
| Open | High | Low | Close | Volume | |
| 136.10 | 136.80 | 128.50 | 128.50 | 512,954 | |
06/19/2024 | 129.10 | 137.20 | 128.60 | 133.10 | 361,201 |
| 133.20 | 135.80 | 128.50 | 129.00 | 270,088 |
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Paradox Interactive Trading Date Momentum on June 19, 2024
| On June 20 2024 Paradox Interactive AB was traded for 129.00 at the closing time. The maximum traded price for the trading interval was 135.80 and the lowest daily price was 128.50 . The daily volume was recorded at 270.1 K. The volume of trading on 20th of June 2024 played a part in the next trading day price drop. The trading delta at closing time to the next closing price was 3.08% . The trading delta at closing time to the closing price today is 6.91% . |
Paradox Interactive Fundamentals Correlations and Trends
By evaluating Paradox Interactive'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 Paradox Interactive's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Paradox financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Paradox Interactive Stock history
Paradox Interactive 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 Paradox is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Paradox Interactive 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 Paradox Interactive stock prices may prove useful in developing a viable investing in Paradox Interactive
Paradox Interactive AB develops and publishes games and brands for PC, mobile, and console platforms primarily in the United States, the United Kingdom, China, Germany, France, Russia, and Scandinavia. The company was founded in 1998 and is headquartered in Stockholm, Sweden. Paradox Interactive operates under Hotels Travel And Leisure classification in Sweden and is traded on Stockholm Stock Exchange. It employs 423 people.
Paradox Interactive Stock Technical Analysis
Paradox Interactive 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
Paradox Interactive Period Price Range
Low | December 2, 2024
| High |
0.00 | 0.00 |
Paradox Interactive 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.
Paradox Interactive December 2, 2024 Market Strength
Market strength indicators help investors to evaluate how Paradox Interactive stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Paradox Interactive shares will generate the highest return on investment. By undertsting and applying Paradox Interactive stock market strength indicators, traders can identify Paradox Interactive AB entry and exit signals to maximize returns
Paradox Interactive Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Paradox Interactive's price direction in advance. Along with the technical and fundamental analysis of Paradox Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Paradox 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 | 0.1655 | |||
| Jensen Alpha | 0.3275 | |||
| Total Risk Alpha | 0.0691 | |||
| Sortino Ratio | 0.1653 | |||
| Treynor Ratio | 0.8446 |
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Additional Tools for Paradox Stock Analysis
When running Paradox Interactive's price analysis, check to measure Paradox Interactive'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 Paradox Interactive is operating at the current time. Most of Paradox Interactive's value examination focuses on studying past and present price action to predict the probability of Paradox Interactive's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Paradox Interactive's price. Additionally, you may evaluate how the addition of Paradox Interactive to your portfolios can decrease your overall portfolio volatility.