Q Linea (Sweden) Price on March 13, 2024

QLINEA Stock  SEK 0.77  0.09  10.47%   
If you're considering investing in QLINEA Stock, it is important to understand the factors that can impact its price. As of today, the current price of Q Linea stands at 0.77, as last reported on the 22nd of December, with the highest price reaching 0.87 and the lowest price hitting 0.77 during the day. Q linea AB maintains Sharpe Ratio (i.e., Efficiency) of -0.36, which implies the company had a -0.36% return per unit of risk over the last 3 months. Q linea AB exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please check Q Linea's Variance of 26.69, market risk adjusted performance of (47.77), and Information Ratio of (0.37) to confirm the risk estimate we provide.
  
QLINEA Stock price history is provided at the adjusted basis, taking into account all of the recent filings.

Sharpe Ratio = -0.3562

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Estimated Market Risk

 5.17
  actual daily
46
54% of assets are more volatile

Expected Return

 -1.84
  actual daily
0
Most of other assets have higher returns

Risk-Adjusted Return

 -0.36
  actual daily
0
Most of other assets perform better
Based on monthly moving average Q Linea 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 Q Linea by adding Q Linea to a well-diversified portfolio.

Q Linea Valuation on March 13, 2024

It is possible to determine the worth of Q Linea on a given historical date. On March 13, 2024 QLINEA was worth 2.12 at the beginning of the trading date compared to the closed value of 2.19. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Q Linea stock. Still, in general, we apply an absolute valuation method to find Q Linea'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 Q Linea where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Q Linea's related companies.
 Open High Low Close Volume
  2.14    2.17    2.11    2.12    112,783  
03/13/2024
  2.12    2.24    2.10    2.19    163,176  
  2.19    2.22    2.10    2.18    82,646  
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Open Value
2.12
2.19
Closing Value
17.63
Upside

Q Linea Trading Date Momentum on March 13, 2024

On March 14 2024 Q linea AB was traded for  2.18  at the closing time. The highest price during the trading period was 2.22  and the lowest recorded bid was listed for  2.10 . The volume for the day was 82.6 K. This history from March 14, 2024 contributed to the next trading day price decline. The trading delta at closing time to the next closing price was 0.46% . The trading delta at closing time to the current price is 2.74% .

Q linea AB Fundamentals Correlations and Trends

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

About Q Linea Stock history

Q Linea 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 QLINEA is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Q linea 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 Q Linea stock prices may prove useful in developing a viable investing in Q Linea
Q-linea AB researches, develops, manufactures, and sells instruments and disposables for infection diagnostics. Q-linea AB was founded in 2008 and is based in Uppsala, Sweden. Q Linea operates under Medical Instruments Supplies classification in Sweden and is traded on Stockholm Stock Exchange. It employs 61 people.

Q Linea Stock Technical Analysis

Q Linea 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 Q Linea technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of Q Linea 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

Q Linea Period Price Range

Low
December 22, 2024
0.00  NaN%
High

 0.00 

     

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Q linea 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.

Q Linea December 22, 2024 Market Strength

Market strength indicators help investors to evaluate how Q Linea stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Q Linea shares will generate the highest return on investment. By undertsting and applying Q Linea stock market strength indicators, traders can identify Q linea AB entry and exit signals to maximize returns

Q Linea Technical and Predictive Indicators

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

When running Q Linea's price analysis, check to measure Q Linea'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 Q Linea is operating at the current time. Most of Q Linea's value examination focuses on studying past and present price action to predict the probability of Q Linea's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Q Linea's price. Additionally, you may evaluate how the addition of Q Linea to your portfolios can decrease your overall portfolio volatility.
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