Teqnion AB (Sweden) Price on November 7, 2024
| TEQ Stock | SEK 169.20 1.00 0.59% |
If you're considering investing in Teqnion Stock, it is important to understand the factors that can impact its price. As of today, the current price of Teqnion AB stands at 169.20, as last reported on the 30th of November, with the highest price reaching 171.00 and the lowest price hitting 168.40 during the day. Teqnion AB owns Efficiency Ratio (i.e., Sharpe Ratio) of -0.2, which indicates the firm had a -0.2% return per unit of risk over the last 3 months. Teqnion AB exposes twenty-four different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please validate Teqnion AB's Coefficient Of Variation of (500.99), variance of 1.33, and Risk Adjusted Performance of (0.15) to confirm the risk estimate we provide.
Teqnion Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
Teqnion |
Sharpe Ratio = -0.2012
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Estimated Market Risk
| 1.16 actual daily | 10 90% of assets are more volatile |
Expected Return
| -0.23 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| -0.2 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Teqnion AB 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 Teqnion AB by adding Teqnion AB to a well-diversified portfolio.
Teqnion AB Valuation on November 7, 2024
It is possible to determine the worth of Teqnion AB on a given historical date. On November 7, 2024 Teqnion was worth 189.2 at the beginning of the trading date compared to the closed value of 189.0. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Teqnion AB stock. Still, in general, we apply an absolute valuation method to find Teqnion AB'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 Teqnion AB where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Teqnion AB's related companies.
| Open | High | Low | Close | Volume | |
| 190.80 | 192.00 | 189.20 | 190.00 | 23,045 | |
11/07/2024 | 189.20 | 193.80 | 188.20 | 189.00 | 8,832 |
| 192.20 | 192.20 | 188.00 | 188.60 | 16,262 |
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Teqnion AB Trading Date Momentum on November 7, 2024
| On November 08 2024 Teqnion AB was traded for 188.60 at the closing time. The maximum traded price for the trading interval was 192.20 and the lowest daily price was 188.00 . The daily volume was recorded at 16.3 K. The volume of trading on 8th of November 2024 played a part in the next trading day price drop. The trading price change to the next closing price was 0.21% . The trading price change to the closing price today is 3.07% . |
Teqnion AB Fundamentals Correlations and Trends
By evaluating Teqnion AB'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 Teqnion AB's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Teqnion financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Teqnion AB Stock history
Teqnion AB 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 Teqnion is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Teqnion 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 Teqnion AB stock prices may prove useful in developing a viable investing in Teqnion AB
Teqnion AB , through its subsidiaries, engages in marketing and selling components, machines, systems, and services. The company was founded in 2006 and is headquartered in Solna, Sweden. Teqnion AB is traded on Stockholm Stock Exchange in Sweden.
Teqnion AB Stock Technical Analysis
Teqnion AB 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
Teqnion AB Period Price Range
Low | November 30, 2024
| High |
0.00 | 0.00 |
Teqnion 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.
Teqnion AB November 30, 2024 Market Strength
Market strength indicators help investors to evaluate how Teqnion AB stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Teqnion AB shares will generate the highest return on investment. By undertsting and applying Teqnion AB stock market strength indicators, traders can identify Teqnion AB entry and exit signals to maximize returns
Teqnion AB Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Teqnion AB's price direction in advance. Along with the technical and fundamental analysis of Teqnion Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Teqnion 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 | (0.15) | |||
| Jensen Alpha | (0.25) | |||
| Total Risk Alpha | (0.43) | |||
| Treynor Ratio | (4.43) |
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Additional Tools for Teqnion Stock Analysis
When running Teqnion AB's price analysis, check to measure Teqnion AB'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 Teqnion AB is operating at the current time. Most of Teqnion AB's value examination focuses on studying past and present price action to predict the probability of Teqnion AB's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Teqnion AB's price. Additionally, you may evaluate how the addition of Teqnion AB to your portfolios can decrease your overall portfolio volatility.