Saniona AB (Sweden) Price on December 16, 2024
| SANION-TO4 | 1.10 0.05 4.35% |
If you're considering investing in Saniona Stock, it is important to understand the factors that can impact its price. As of today, the current price of Saniona AB stands at 1.10, as last reported on the 26th of March, with the highest price reaching 1.39 and the lowest price hitting 1.00 during the day. Saniona AB TO owns Efficiency Ratio (i.e., Sharpe Ratio) of -0.11, which indicates the firm had a -0.11 % return per unit of risk over the last 3 months. Saniona AB TO exposes twenty-four different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please validate Saniona AB's Variance of 44.26, coefficient of variation of (1,299), and Risk Adjusted Performance of (0.06) to confirm the risk estimate we provide.
Saniona Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
Saniona |
Sharpe Ratio = -0.1117
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Estimated Market Risk
| 6.8 actual daily | 60 60% of assets are less volatile |
Expected Return
| -0.76 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| -0.11 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Saniona 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 Saniona AB by adding Saniona AB to a well-diversified portfolio.
Saniona AB Valuation on December 16, 2024
It is possible to determine the worth of Saniona AB on a given historical date. On December 16, 2024 Saniona was worth 1.63 at the beginning of the trading date compared to the closed value of 1.79. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Saniona AB stock. Still, in general, we apply an absolute valuation method to find Saniona 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 Saniona AB where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Saniona AB's related companies.
| Open | High | Low | Close | Volume | |
| 1.69 | 1.81 | 1.69 | 1.79 | 116,063 | |
12/16/2024 | 1.63 | 1.81 | 1.63 | 1.79 | 74,711 |
| 1.80 | 1.86 | 1.79 | 1.85 | 149,037 |
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Saniona AB Trading Date Momentum on December 16, 2024
| On December 17 2024 Saniona AB TO was traded for 1.85 at the closing time. The highest price during the trading period was 1.86 and the lowest recorded bid was listed for 1.79 . The volume for the day was 149 K. This history from December 17, 2024 contributed to the next trading day price jump. The trading price change to the next closing price was 3.35% . The trading price change to the current price is 10.61% . |
Price Boundaries
Saniona AB Period Price Range
Low | March 26, 2025
| High |
0.00 | 0.00 |
Saniona AB TO 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.
Saniona AB March 26, 2025 Market Strength
Market strength indicators help investors to evaluate how Saniona 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 Saniona AB shares will generate the highest return on investment. By undertsting and applying Saniona AB stock market strength indicators, traders can identify Saniona AB TO entry and exit signals to maximize returns
Saniona AB Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Saniona AB's price direction in advance. Along with the technical and fundamental analysis of Saniona Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Saniona 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 | (0.06) | |||
| Jensen Alpha | (0.52) | |||
| Total Risk Alpha | (0.54) | |||
| Treynor Ratio | 0.2313 |
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Complementary Tools for Saniona Stock analysis
When running Saniona AB's price analysis, check to measure Saniona 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 Saniona AB is operating at the current time. Most of Saniona AB's value examination focuses on studying past and present price action to predict the probability of Saniona 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 Saniona AB's price. Additionally, you may evaluate how the addition of Saniona AB to your portfolios can decrease your overall portfolio volatility.
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