Skel Fjrfestingaflag (Iceland) Price on November 1, 2024
| SKEL Stock | ISK 18.20 0.60 3.41% |
If you're considering investing in Skel Stock, it is important to understand the factors that can impact its price. As of today, the current price of Skel Fjrfestingaflag stands at 18.20, as last reported on the 13th of December 2024, with the highest price reaching 18.40 and the lowest price hitting 17.70 during the day. At this point, Skel Fjrfestingaflag is not too volatile. Skel fjrfestingaflag owns Efficiency Ratio (i.e., Sharpe Ratio) of 0.0635, which indicates the firm had a 0.0635% return per unit of risk over the last 3 months. We have found twenty-nine technical indicators for Skel fjrfestingaflag hf, which you can use to evaluate the volatility of the company. Please validate Skel Fjrfestingaflag's Risk Adjusted Performance of 0.0553, coefficient of variation of 1466.9, and Semi Deviation of 1.28 to confirm if the risk estimate we provide is consistent with the expected return of 0.11%.
Skel Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
Skel |
Sharpe Ratio = 0.0635
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Estimated Market Risk
| 1.74 actual daily | 15 85% of assets are more volatile |
Expected Return
| 0.11 actual daily | 2 98% of assets have higher returns |
Risk-Adjusted Return
| 0.06 actual daily | 5 95% of assets perform better |
Based on monthly moving average Skel Fjrfestingaflag is performing at about 5% of its full potential. 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 Skel Fjrfestingaflag by adding it to a well-diversified portfolio.
Skel Fjrfestingaflag Valuation on November 1, 2024
It is possible to determine the worth of Skel Fjrfestingaflag on a given historical date. On November 1, 2024 Skel was worth 16.9 at the beginning of the trading date compared to the closed value of 17.5. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Skel Fjrfestingaflag stock. Still, in general, we apply an absolute valuation method to find Skel Fjrfestingaflag'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 Skel Fjrfestingaflag where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Skel Fjrfestingaflag's related companies.
| Open | High | Low | Close | Volume | |
| 17.20 | 17.40 | 17.00 | 17.40 | 9,343,464 | |
11/01/2024 | 16.90 | 17.50 | 16.90 | 17.50 | 3,547,777 |
| 17.20 | 17.30 | 16.90 | 17.00 | 1,536,206 |
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Skel Fjrfestingaflag Trading Date Momentum on November 1, 2024
| On November 04 2024 Skel fjrfestingaflag hf was traded for 17.00 at the closing time. The highest price during the trading period was 17.30 and the lowest recorded bid was listed for 16.90 . The volume for the day was 1.5 M. This history from November 4, 2024 contributed to the next trading day price decline. The trading price change to the next closing price was 2.86% . The trading price change to the current price is 0.00% . |
Skel fjrfestingaflag Fundamentals Correlations and Trends
By evaluating Skel Fjrfestingaflag'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 Skel Fjrfestingaflag's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Skel financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Skel Fjrfestingaflag Stock history
Skel Fjrfestingaflag 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 Skel is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Skel fjrfestingaflag 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 Skel Fjrfestingaflag stock prices may prove useful in developing a viable investing in Skel Fjrfestingaflag
Skeljungur hf., together with its subsidiaries, imports, distributes, and sells oil, lubricants, chemical products, and fertilizers. Skeljungur hf. was founded in 1928 and is based in Reykjavk, Iceland. Skeljungur is traded on Commodity Exchange in Exotistan.
Skel Fjrfestingaflag Stock Technical Analysis
Skel Fjrfestingaflag 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.
Price Boundaries
Skel Fjrfestingaflag Period Price Range
Low | December 13, 2024
| High |
0.00 | 0.00 |
Skel fjrfestingaflag hf cannot be verified against its exchange. Please verify the symbol is currently traded on Iceland 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.
Skel Fjrfestingaflag December 13, 2024 Market Strength
Market strength indicators help investors to evaluate how Skel Fjrfestingaflag stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Skel Fjrfestingaflag shares will generate the highest return on investment. By undertsting and applying Skel Fjrfestingaflag stock market strength indicators, traders can identify Skel fjrfestingaflag hf entry and exit signals to maximize returns
Skel Fjrfestingaflag Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Skel Fjrfestingaflag's price direction in advance. Along with the technical and fundamental analysis of Skel Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Skel 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 | 0.0553 | |||
| Jensen Alpha | 0.1154 | |||
| Total Risk Alpha | (0.13) | |||
| Sortino Ratio | 0.0037 | |||
| Treynor Ratio | (1.51) |
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Complementary Tools for Skel Stock analysis
When running Skel Fjrfestingaflag's price analysis, check to measure Skel Fjrfestingaflag'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 Skel Fjrfestingaflag is operating at the current time. Most of Skel Fjrfestingaflag's value examination focuses on studying past and present price action to predict the probability of Skel Fjrfestingaflag's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Skel Fjrfestingaflag's price. Additionally, you may evaluate how the addition of Skel Fjrfestingaflag to your portfolios can decrease your overall portfolio volatility.
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