Scandinavian Enviro (Sweden) Price on April 26, 2024

SES Stock  SEK 1.82  0.01  0.55%   
If you're considering investing in Scandinavian Stock, it is important to understand the factors that can impact its price. As of today, the current price of Scandinavian Enviro stands at 1.82, as last reported on the 11th of December 2024, with the highest price reaching 1.84 and the lowest price hitting 1.80 during the day. Scandinavian Enviro owns Efficiency Ratio (i.e., Sharpe Ratio) of -0.18, which indicates the firm had a -0.18% return per unit of risk over the last 3 months. Scandinavian Enviro Systems exposes twenty-two different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please validate Scandinavian Enviro's Risk Adjusted Performance of (0.11), variance of 3.32, and Coefficient Of Variation of (641.36) to confirm the risk estimate we provide.
  
Scandinavian Stock price history is provided at the adjusted basis, taking into account all of the recent filings.

Sharpe Ratio = -0.1801

Best PortfolioBest Equity
Good Returns
Average Returns
Small Returns
CashSmall RiskAverage RiskHigh RiskHuge Risk
Negative ReturnsSES

Estimated Market Risk

 1.82
  actual daily
16
84% of assets are more volatile

Expected Return

 -0.33
  actual daily
0
Most of other assets have higher returns

Risk-Adjusted Return

 -0.18
  actual daily
0
Most of other assets perform better
Based on monthly moving average Scandinavian Enviro 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 Scandinavian Enviro by adding Scandinavian Enviro to a well-diversified portfolio.

Scandinavian Enviro Valuation on April 26, 2024

It is possible to determine the worth of Scandinavian Enviro on a given historical date. On April 26, 2024 Scandinavian was worth 2.28 at the beginning of the trading date compared to the closed value of 2.28. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Scandinavian Enviro stock. Still, in general, we apply an absolute valuation method to find Scandinavian Enviro'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 Scandinavian Enviro where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Scandinavian Enviro's related companies.
 Open High Low Close Volume
  2.28    2.33    2.23    2.28    1,352,987  
04/26/2024
  2.28    2.30    2.21    2.28    908,714  
  2.28    2.37    2.28    2.33    1,239,467  
Backtest Scandinavian Enviro  |  Scandinavian Enviro History  |  Scandinavian Enviro Valuation   PreviousNext  
Open Value
2.28
2.28
Closing Value
7.75
Upside

Scandinavian Enviro Trading Date Momentum on April 26, 2024

On April 29 2024 Scandinavian Enviro Systems was traded for  2.33  at the closing time. The maximum traded price for the trading interval was 2.37  and the lowest daily price was  2.28 . The daily volume was recorded at 1.2 M. The volume of trading on 29th of April 2024 played a part in the next trading day price appreciation. The trading price change to the next closing price was 2.19% . The trading price change to the closing price today is 6.58% .

Scandinavian Enviro Fundamentals Correlations and Trends

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

About Scandinavian Enviro Stock history

Scandinavian Enviro 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 Scandinavian is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Scandinavian Enviro 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 Scandinavian Enviro stock prices may prove useful in developing a viable investing in Scandinavian Enviro
Scandinavian Enviro Systems AB , an environmental company, engages in the recovery of carbon black, oil, steel, and gas from waste tires. The company was founded in 2001 and is headquartered in Gothenburg, Sweden. Scandinavian Enviro is traded on Stockholm Stock Exchange in Sweden.

Scandinavian Enviro Stock Technical Analysis

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

Scandinavian Enviro Period Price Range

Low
December 11, 2024
0.00  NaN%
High

 0.00 

     

 0.00 

Scandinavian Enviro Systems 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.

Scandinavian Enviro December 11, 2024 Market Strength

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

Scandinavian Enviro Technical and Predictive Indicators

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

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