Svenska Handelsbanken (Germany) Price on November 22, 2024
| SVHG Stock | EUR 13.38 0.12 0.89% |
If you're considering investing in Svenska Stock, it is important to understand the factors that can impact its price. As of today, the current price of Svenska Handelsbanken stands at 13.38, as last reported on the 7th of January, with the highest price reaching 13.70 and the lowest price hitting 13.38 during the day. Svenska Handelsbanken appears to be not too volatile, given 3 months investment horizon. Svenska Handelsbanken owns Efficiency Ratio (i.e., Sharpe Ratio) of 0.17, which indicates the firm had a 0.17% return per unit of risk over the last 3 months. We have found twenty-nine technical indicators for Svenska Handelsbanken AB, which you can use to evaluate the volatility of the company. Please review Svenska Handelsbanken's Semi Deviation of 0.9483, coefficient of variation of 667.49, and Risk Adjusted Performance of 0.1267 to confirm if our risk estimates are consistent with your expectations.
Svenska Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
Svenska |
Sharpe Ratio = 0.1746
| Best Portfolio | Best Equity | |||
| Good Returns | ||||
| Average Returns | ||||
| Small Returns | SVHG | |||
| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
| Negative Returns |
Estimated Market Risk
| 1.82 actual daily | 16 84% of assets are more volatile |
Expected Return
| 0.32 actual daily | 6 94% of assets have higher returns |
Risk-Adjusted Return
| 0.17 actual daily | 13 87% of assets perform better |
Based on monthly moving average Svenska Handelsbanken is performing at about 13% 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 Svenska Handelsbanken by adding it to a well-diversified portfolio.
Svenska Handelsbanken Valuation on November 22, 2024
It is possible to determine the worth of Svenska Handelsbanken on a given historical date. On November 22, 2024 Svenska was worth 12.11 at the beginning of the trading date compared to the closed value of 12.42. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Svenska Handelsbanken stock. Still, in general, we apply an absolute valuation method to find Svenska Handelsbanken'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 Svenska Handelsbanken where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Svenska Handelsbanken's related companies.
| Open | High | Low | Close | Volume | |
| 12.08 | 12.26 | 12.08 | 12.26 | 1.00 | |
11/22/2024 | 12.11 | 12.43 | 12.11 | 12.42 | 1.00 |
| 12.26 | 12.45 | 12.26 | 12.44 | 1.00 |
| Backtest Svenska Handelsbanken | | | Svenska Handelsbanken History | | | Svenska Handelsbanken Valuation | Previous | Next |
Svenska Handelsbanken Trading Date Momentum on November 22, 2024
| On November 25 2024 Svenska Handelsbanken AB was traded for 12.44 at the closing time. The maximum traded price for the trading interval was 12.45 and the lowest daily price was 12.26 . There was no trading activity during the period 1.0. Lack of trading volume on 25th of November 2024 played a part in the next trading day price rise. The trading price change to the next closing price was 0.16% . The trading price change to the closing price today is 3.62% . |
Svenska Handelsbanken Fundamentals Correlations and Trends
By evaluating Svenska Handelsbanken'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 Svenska Handelsbanken's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Svenska financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Svenska Handelsbanken Stock history
Svenska Handelsbanken 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 Svenska is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Svenska Handelsbanken 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 Svenska Handelsbanken stock prices may prove useful in developing a viable investing in Svenska Handelsbanken
Svenska Handelsbanken AB provides various banking products and services for private and corporate customers primarily in Sweden, the United Kingdom, Denmark, Finland, Norway, and the Netherlands. Svenska Handelsbanken AB was founded in 1871 and is based in Stockholm, Sweden. SVENSKA HDLSBKN is traded on Frankfurt Stock Exchange in Germany.
Svenska Handelsbanken Stock Technical Analysis
Svenska Handelsbanken 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
Svenska Handelsbanken Period Price Range
Low | January 7, 2025
| High |
0.00 | 0.00 |
Svenska Handelsbanken AB cannot be verified against its exchange. Please verify the symbol is currently traded on Frankfurt 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.
Svenska Handelsbanken January 7, 2025 Market Strength
Market strength indicators help investors to evaluate how Svenska Handelsbanken stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Svenska Handelsbanken shares will generate the highest return on investment. By undertsting and applying Svenska Handelsbanken stock market strength indicators, traders can identify Svenska Handelsbanken AB entry and exit signals to maximize returns
Svenska Handelsbanken Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Svenska Handelsbanken's price direction in advance. Along with the technical and fundamental analysis of Svenska Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Svenska 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 | 0.1267 | |||
| Jensen Alpha | 0.2491 | |||
| Total Risk Alpha | 0.2154 | |||
| Sortino Ratio | 0.198 | |||
| Treynor Ratio | 0.799 |
| Cycle Indicators | ||
| Math Operators | ||
| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
Complementary Tools for Svenska Stock analysis
When running Svenska Handelsbanken's price analysis, check to measure Svenska Handelsbanken'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 Svenska Handelsbanken is operating at the current time. Most of Svenska Handelsbanken's value examination focuses on studying past and present price action to predict the probability of Svenska Handelsbanken's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Svenska Handelsbanken's price. Additionally, you may evaluate how the addition of Svenska Handelsbanken to your portfolios can decrease your overall portfolio volatility.
| Sign In To Macroaxis Sign in to explore Macroaxis' wealth optimization platform and fintech modules | |
| Idea Optimizer Use advanced portfolio builder with pre-computed micro ideas to build optimal portfolio | |
| Stocks Directory Find actively traded stocks across global markets | |
| Theme Ratings Determine theme ratings based on digital equity recommendations. Macroaxis theme ratings are based on combination of fundamental analysis and risk-adjusted market performance |