Triboron International (Sweden) Price on May 15, 2023

TRIBO-B Stock  SEK 0.40  0.01  2.56%   
If you're considering investing in Triboron Stock, it is important to understand the factors that can impact its price. As of today, the current price of Triboron International stands at 0.40, as last reported on the 12th of December 2024, with the highest price reaching 0.40 and the lowest price hitting 0.36 during the day. Triboron International owns Efficiency Ratio (i.e., Sharpe Ratio) of -0.0014, which indicates the firm had a -0.0014% return per unit of risk over the last 3 months. Triboron International AB exposes twenty-eight different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please validate Triboron International's Risk Adjusted Performance of 0.0433, semi deviation of 4.14, and Coefficient Of Variation of 2076.86 to confirm the risk estimate we provide.
  
Triboron Stock price history is provided at the adjusted basis, taking into account all of the recent filings.

Sharpe Ratio = -0.0014

Best PortfolioBest Equity
Good Returns
Average Returns
Small Returns
CashSmall RiskAverage RiskHigh RiskHuge Risk
Negative ReturnsTRIBO-B

Estimated Market Risk

 4.64
  actual daily
41
59% of assets are more volatile

Expected Return

 -0.01
  actual daily
0
Most of other assets have higher returns

Risk-Adjusted Return

 0.0
  actual daily
0
Most of other assets perform better
Based on monthly moving average Triboron International 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 Triboron International by adding Triboron International to a well-diversified portfolio.

Triboron International Valuation on May 15, 2023

It is possible to determine the worth of Triboron International on a given historical date. On May 15, 2023 Triboron was worth 0.56 at the beginning of the trading date compared to the closed value of 0.53. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Triboron International stock. Still, in general, we apply an absolute valuation method to find Triboron International'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 Triboron International where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Triboron International's related companies.
 Open High Low Close Volume
  0.58    0.61    0.55    0.58    36,718  
05/15/2023
  0.56    0.56    0.50    0.53    103,117  
  0.52    0.53    0.40    0.51    191,285  
Backtest Triboron International  |  Triboron International History  |  Triboron International Valuation   PreviousNext  
Open Value
0.56
0.53
Closing Value
14.49
Upside

Triboron International Trading Date Momentum on May 15, 2023

On May 16 2023 Triboron International AB was traded for  0.51  at the closing time. The highest price during the trading period was 0.53  and the lowest recorded bid was listed for  0.40 . The volume for the day was 191.3 K. This history from May 16, 2023 contributed to the next trading day price decline. The trading price change to the next closing price was 3.77% . The trading price change to the current price is 9.43% .

Triboron International Fundamentals Correlations and Trends

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

About Triboron International Stock history

Triboron International 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 Triboron is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Triboron International 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 Triboron International stock prices may prove useful in developing a viable investing in Triboron International
Triboron International AB operates as a green technology company in Sweden. It offers consumer and professional fuel formulas, two-stroke formula concentrates, and two-stroke injection formulas that are mixed with fuel to reduce friction, as well as improve the efficiency of the engine and emission control system under the Triboron brand name. Triboron International is traded on Stockholm Stock Exchange in Sweden.

Triboron International Stock Technical Analysis

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

Triboron International Period Price Range

Low
December 12, 2024
0.00  NaN%
High

 0.00 

     

 0.00 

Triboron International 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.

Triboron International December 12, 2024 Market Strength

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

Triboron International Technical and Predictive Indicators

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

When running Triboron International's price analysis, check to measure Triboron International'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 Triboron International is operating at the current time. Most of Triboron International's value examination focuses on studying past and present price action to predict the probability of Triboron International's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Triboron International's price. Additionally, you may evaluate how the addition of Triboron International to your portfolios can decrease your overall portfolio volatility.
Analyst Advice
Analyst recommendations and target price estimates broken down by several categories
Portfolio Optimization
Compute new portfolio that will generate highest expected return given your specified tolerance for risk
Watchlist Optimization
Optimize watchlists to build efficient portfolios or rebalance existing positions based on the mean-variance optimization algorithm
Piotroski F Score
Get Piotroski F Score based on the binary analysis strategy of nine different fundamentals