Svenska Handelsbanken Ab Stock Price on July 15, 2024

SVNLF Stock  USD 10.26  0.16  1.58%   
If you're considering investing in Svenska Pink Sheet, it is important to understand the factors that can impact its price. As of today, the current price of Svenska Handelsbanken stands at 10.26, as last reported on the 23rd of December, with the highest price reaching 10.27 and the lowest price hitting 9.97 during the day. Svenska Handelsbanken owns Efficiency Ratio (i.e., Sharpe Ratio) of -0.0119, which indicates the firm had a -0.0119% return per unit of risk over the last 3 months. Svenska Handelsbanken AB exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please validate Svenska Handelsbanken's Risk Adjusted Performance of 0.0041, coefficient of variation of (34,684), and Variance of 4.68 to confirm the risk estimate we provide.
  
Svenska Pink Sheet price history is provided at the adjusted basis, taking into account all of the recent filings.

Sharpe Ratio = -0.0119

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Estimated Market Risk

 2.19
  actual daily
19
81% of assets are more volatile

Expected Return

 -0.03
  actual daily
0
Most of other assets have higher returns

Risk-Adjusted Return

 -0.01
  actual daily
0
Most of other assets perform better
Based on monthly moving average Svenska Handelsbanken 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 Svenska Handelsbanken by adding Svenska Handelsbanken to a well-diversified portfolio.

Svenska Handelsbanken Valuation on July 15, 2024

It is possible to determine the worth of Svenska Handelsbanken on a given historical date. On July 15, 2024 Svenska was worth 9.89 at the beginning of the trading date compared to the closed value of 9.93. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Svenska Handelsbanken pink sheet. 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
  9.85    9.85    9.80    9.80    1,000.00  
07/15/2024
  9.89    9.93    9.89    9.93    896.00  
  9.80    9.81    9.80    9.81    3,600  
Backtest Svenska Handelsbanken  |  Svenska Handelsbanken History  |  Svenska Handelsbanken Valuation   PreviousNext  
Open Value
9.89
9.93
Closing Value
16.45
Upside

Svenska Handelsbanken Trading Date Momentum on July 15, 2024

On July 16 2024 Svenska Handelsbanken AB was traded for  9.81  at the closing time. The highest daily price throughout the period was 9.81  and the lowest price was  9.80 . The daily volume was 3.6 K. The net trading volume on 07/16/2024 added to the next day price reduction. The trading price change to closing price of the next trading day was 1.21% . The trading price change to current closing price is 1.81% .

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 Pink Sheet 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, Norway, the Netherlands, the United States, Luxembourg, China, Germany, France, and Poland. Svenska Handelsbanken AB was incorporated in 1871 and is headquartered in Stockholm, Sweden. Svenska Handelsbanke is traded on OTC Exchange in the United States.

Svenska Handelsbanken Pink Sheet Technical Analysis

Svenska Handelsbanken technical pink sheet 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, pink sheet market cycles, or different charting patterns.
A focus of Svenska Handelsbanken technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of Svenska Handelsbanken 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

Svenska Handelsbanken Period Price Range

Low
December 23, 2024
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Svenska Handelsbanken AB cannot be verified against its exchange. Please verify the symbol is currently traded on PINK 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 December 23, 2024 Market Strength

Market strength indicators help investors to evaluate how Svenska Handelsbanken pink sheet 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 pink sheet 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 Pink Sheet 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.

Complementary Tools for Svenska Pink Sheet 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.
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