Starbreeze (Sweden) Price on December 18, 2024

STAR-A Stock  SEK 0.19  0.01  5.00%   
If you're considering investing in Starbreeze Stock, it is important to understand the factors that can impact its price. As of today, the current price of Starbreeze stands at 0.19, as last reported on the 23rd of December, with the highest price reaching 0.22 and the lowest price hitting 0.19 during the day. Starbreeze AB owns Efficiency Ratio (i.e., Sharpe Ratio) of -0.0385, which indicates the firm had a -0.0385% return per unit of risk over the last 3 months. Starbreeze AB exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please validate Starbreeze's Risk Adjusted Performance of (0.01), coefficient of variation of (4,099), and Variance of 68.25 to confirm the risk estimate we provide.
  
Starbreeze Stock price history is provided at the adjusted basis, taking into account all of the recent filings.

Sharpe Ratio = -0.0385

Best PortfolioBest Equity
Good Returns
Average Returns
Small Returns
CashSmall RiskAverage RiskHigh RiskHuge Risk
Negative ReturnsSTAR-A

Estimated Market Risk

 8.27
  actual daily
73
73% of assets are less volatile

Expected Return

 -0.32
  actual daily
0
Most of other assets have higher returns

Risk-Adjusted Return

 -0.04
  actual daily
0
Most of other assets perform better
Based on monthly moving average Starbreeze 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 Starbreeze by adding Starbreeze to a well-diversified portfolio.

Starbreeze Valuation on December 18, 2024

It is possible to determine the worth of Starbreeze on a given historical date. On December 18, 2024 Starbreeze was worth 0.2 at the beginning of the trading date compared to the closed value of 0.22. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Starbreeze stock. Still, in general, we apply an absolute valuation method to find Starbreeze'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 Starbreeze where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Starbreeze's related companies.
 Open High Low Close Volume
  0.21    0.22    0.21    0.21    162,692  
12/18/2024
  0.20    0.22    0.20    0.22    47,930  
  0.22    0.22    0.20    0.20    55,280  
Backtest Starbreeze  |  Starbreeze History  |  Starbreeze Valuation   PreviousNext  
Open Value
0.2
0.22
Closing Value
25.01
Upside

Starbreeze Trading Date Momentum on December 18, 2024

On December 19 2024 Starbreeze AB was traded for  0.20  at the closing time. The highest price during the trading period was 0.22  and the lowest recorded bid was listed for  0.20 . The volume for the day was 55.3 K. This history from December 19, 2024 contributed to the next trading day price decline. The trading price change to the next closing price was 9.09% . The trading price change to the current price is 9.09% .

Starbreeze AB Fundamentals Correlations and Trends

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

About Starbreeze Stock history

Starbreeze 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 Starbreeze is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Starbreeze 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 Starbreeze stock prices may prove useful in developing a viable investing in Starbreeze
Starbreeze AB operates as an independent creator, publisher, and distributor of entertainment products in Sweden, rest of Europe, the United States, and Asia. Starbreeze AB was founded in 1998 and is headquartered in Stockholm, Sweden. Starbreeze operates under Electronic Gaming Multimedia classification in Sweden and is traded on Stockholm Stock Exchange. It employs 580 people.

Starbreeze Stock Technical Analysis

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

Starbreeze Period Price Range

Low
December 23, 2024
0.00  NaN%
High

 0.00 

     

 0.00 

Starbreeze 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.

Starbreeze December 23, 2024 Market Strength

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

Starbreeze Technical and Predictive Indicators

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

When running Starbreeze's price analysis, check to measure Starbreeze'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 Starbreeze is operating at the current time. Most of Starbreeze's value examination focuses on studying past and present price action to predict the probability of Starbreeze's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Starbreeze's price. Additionally, you may evaluate how the addition of Starbreeze to your portfolios can decrease your overall portfolio volatility.
Insider Screener
Find insiders across different sectors to evaluate their impact on performance
Portfolio Manager
State of the art Portfolio Manager to monitor and improve performance of your invested capital
Positions Ratings
Determine portfolio positions ratings based on digital equity recommendations. Macroaxis instant position ratings are based on combination of fundamental analysis and risk-adjusted market performance
Fundamental Analysis
View fundamental data based on most recent published financial statements
Portfolio Comparator
Compare the composition, asset allocations and performance of any two portfolios in your account
Bollinger Bands
Use Bollinger Bands indicator to analyze target price for a given investing horizon
ETFs
Find actively traded Exchange Traded Funds (ETF) from around the world
Fundamentals Comparison
Compare fundamentals across multiple equities to find investing opportunities
Watchlist Optimization
Optimize watchlists to build efficient portfolios or rebalance existing positions based on the mean-variance optimization algorithm