Saxlund Group (Sweden) Price on February 21, 2023

SAXG Stock  SEK 7.63  0.29  3.66%   
If you're considering investing in Saxlund Stock, it is important to understand the factors that can impact its price. As of today, the current price of Saxlund Group stands at 7.63, as last reported on the 25th of December, with the highest price reaching 7.81 and the lowest price hitting 7.63 during the day. Saxlund Group AB owns Efficiency Ratio (i.e., Sharpe Ratio) of -0.0823, which indicates the firm had a -0.0823% return per unit of risk over the last 3 months. Saxlund Group AB exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please validate Saxlund Group's Risk Adjusted Performance of (0.06), coefficient of variation of (1,251), and Variance of 38.9 to confirm the risk estimate we provide.
  
Saxlund Stock price history is provided at the adjusted basis, taking into account all of the recent filings.

Sharpe Ratio = -0.0823

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Estimated Market Risk

 6.29
  actual daily
56
56% of assets are less volatile

Expected Return

 -0.52
  actual daily
0
Most of other assets have higher returns

Risk-Adjusted Return

 -0.08
  actual daily
0
Most of other assets perform better
Based on monthly moving average Saxlund Group 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 Saxlund Group by adding Saxlund Group to a well-diversified portfolio.

Saxlund Group Valuation on February 21, 2023

It is possible to determine the worth of Saxlund Group on a given historical date. On February 21, 2023 Saxlund was worth 120.56 at the beginning of the trading date compared to the closed value of 112.47. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Saxlund Group stock. Still, in general, we apply an absolute valuation method to find Saxlund Group'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 Saxlund Group where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Saxlund Group's related companies.
 Open High Low Close Volume
  124.29    124.29    110.44    118.22    2,039  
02/21/2023
  120.56    120.56    112.16    112.47    1,324  
  112.78    117.76    112.00    115.89    686.00  
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Open Value
120.56
101.70
Downside
112.47
Closing Value
139.42
Upside

Saxlund Group Trading Date Momentum on February 21, 2023

On February 22 2023 Saxlund Group AB was traded for  115.89  at the closing time. The highest price during the trading period was 117.76  and the lowest recorded bid was listed for  112.00 . The volume for the day was 686. This history from February 22, 2023 contributed to the next trading day price appreciation. The trading price change to the next closing price was 3.04% . The trading price change to the current price is 3.73% .

Saxlund Group AB Fundamentals Correlations and Trends

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

About Saxlund Group Stock history

Saxlund Group 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 Saxlund is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Saxlund Group 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 Saxlund Group stock prices may prove useful in developing a viable investing in Saxlund Group
Saxlund Group AB , an environmental technology group, develops, manufactures, and services plants and equipment for the production of environmentally-friendly and resource-efficient energy. The company was formerly known as Pilum AB and changed its name to Saxlund Group AB in July 2017. Saxlund Group operates under Industrial Equipment And Light Machinery classification in Sweden and is traded on Stockholm Stock Exchange.

Saxlund Group Stock Technical Analysis

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

Saxlund Group Period Price Range

Low
December 25, 2024
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Saxlund Group 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.

Saxlund Group December 25, 2024 Market Strength

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

Saxlund Group Technical and Predictive Indicators

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

Additional Tools for Saxlund Stock Analysis

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