Sdiptech (Sweden) Price on June 27, 2024

SDIP-B Stock  SEK 228.80  1.20  0.52%   
If you're considering investing in Sdiptech Stock, it is important to understand the factors that can impact its price. As of today, the current price of Sdiptech stands at 228.80, as last reported on the 29th of November, with the highest price reaching 230.60 and the lowest price hitting 225.80 during the day. Sdiptech AB owns Efficiency Ratio (i.e., Sharpe Ratio) of -0.25, which indicates the firm had a -0.25% return per unit of risk over the last 3 months. Sdiptech AB exposes twenty-two different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please validate Sdiptech's Coefficient Of Variation of (397.63), variance of 3.66, and Risk Adjusted Performance of (0.19) to confirm the risk estimate we provide.
  
Sdiptech Stock price history is provided at the adjusted basis, taking into account all of the recent filings.

Sharpe Ratio = -0.2546

Best PortfolioBest Equity
Good Returns
Average Returns
Small Returns
CashSmall RiskAverage RiskHigh RiskHuge Risk
Negative ReturnsSDIP-B

Estimated Market Risk

 1.9
  actual daily
16
84% of assets are more volatile

Expected Return

 -0.48
  actual daily
0
Most of other assets have higher returns

Risk-Adjusted Return

 -0.25
  actual daily
0
Most of other assets perform better
Based on monthly moving average Sdiptech 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 Sdiptech by adding Sdiptech to a well-diversified portfolio.

Sdiptech Valuation on June 27, 2024

It is possible to determine the worth of Sdiptech on a given historical date. On June 27, 2024 Sdiptech was worth 328.4 at the beginning of the trading date compared to the closed value of 329.0. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Sdiptech stock. Still, in general, we apply an absolute valuation method to find Sdiptech'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 Sdiptech where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Sdiptech's related companies.
 Open High Low Close Volume
  332.20    332.20    323.60    325.60    154,619  
06/27/2024
  328.40    335.00    321.60    329.00    95,462  
  329.00    335.00    321.80    323.00    28,319  
Backtest Sdiptech  |  Sdiptech History  |  Sdiptech Valuation   PreviousNext  
Open Value
328.4
322.71
Downside
329.0
Closing Value
334.09
Upside

Sdiptech Trading Date Momentum on June 27, 2024

On June 28 2024 Sdiptech AB was traded for  323.00  at the closing time. The highest price during the trading period was 335.00  and the lowest recorded bid was listed for  321.80 . The volume for the day was 28.3 K. This history from June 28, 2024 contributed to the next trading day price decline. The trading price change to the next closing price was 1.82% . The trading price change to the current price is 1.22% .

Sdiptech AB Fundamentals Correlations and Trends

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

About Sdiptech Stock history

Sdiptech 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 Sdiptech is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Sdiptech 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 Sdiptech stock prices may prove useful in developing a viable investing in Sdiptech
Sdiptech AB provides technical products and services for urban infrastructures in Sweden. Sdiptech AB was founded in 2004 and is based in Stockholm, Sweden. Sdiptech is traded on Stockholm Stock Exchange in Sweden.

Sdiptech Stock Technical Analysis

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

Sdiptech Period Price Range

Low
November 29, 2024
0.00  NaN%
High

 0.00 

     

 0.00 

Sdiptech 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.

Sdiptech November 29, 2024 Market Strength

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

Sdiptech Technical and Predictive Indicators

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

When running Sdiptech's price analysis, check to measure Sdiptech'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 Sdiptech is operating at the current time. Most of Sdiptech's value examination focuses on studying past and present price action to predict the probability of Sdiptech's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Sdiptech's price. Additionally, you may evaluate how the addition of Sdiptech to your portfolios can decrease your overall portfolio volatility.
Price Ceiling Movement
Calculate and plot Price Ceiling Movement for different equity instruments
Equity Forecasting
Use basic forecasting models to generate price predictions and determine price momentum
Commodity Channel
Use Commodity Channel Index to analyze current equity momentum
Top Crypto Exchanges
Search and analyze digital assets across top global cryptocurrency exchanges
Money Flow Index
Determine momentum by analyzing Money Flow Index and other technical indicators