AB SKF (UK) Price on September 2, 2024

0NWX Stock   209.35  2.75  1.33%   
Below is the normalized historical share price chart for AB SKF B extending back to November 06, 2007. This chart has been adjusted for all splits and dividends and is plotted against all major global economic recessions. As of today, the current price of AB SKF stands at 209.35, as last reported on the 29th of November, with the highest price reaching 212.00 and the lowest price hitting 209.35 during the day.
200 Day MA
178.1372
50 Day MA
189.3248
Beta
0.9
 
Housing Crash
 
Credit Downgrade
 
Yuan Drop
 
Covid
If you're considering investing in 0NWX Stock, it is important to understand the factors that can impact its price. Currently, AB SKF B is very steady. AB SKF B retains Efficiency (Sharpe Ratio) of 0.0775, which signifies that the company had a 0.0775% return per unit of price deviation over the last 3 months. We have found twenty-nine technical indicators for AB SKF, which you can use to evaluate the volatility of the entity. Please confirm AB SKF's Coefficient Of Variation of 1136.76, standard deviation of 1.78, and Market Risk Adjusted Performance of 0.2438 to double-check if the risk estimate we provide is consistent with the expected return of 0.14%.
  
Other Stockholder Equity is likely to gain to about 6.4 B in 2024, whereas Total Stockholder Equity is likely to drop slightly above 38.5 B in 2024. . 0NWX Stock price history is provided at the adjusted basis, taking into account all of the recent filings.

Sharpe Ratio = 0.0775

Best PortfolioBest Equity
Good Returns
Average Returns
Small Returns
CashSmall Risk0NWXHigh RiskHuge Risk
Negative Returns

Estimated Market Risk

 1.83
  actual daily
16
84% of assets are more volatile

Expected Return

 0.14
  actual daily
2
98% of assets have higher returns

Risk-Adjusted Return

 0.08
  actual daily
6
94% of assets perform better
Based on monthly moving average AB SKF is performing at about 6% 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 AB SKF by adding it to a well-diversified portfolio.
Book Value
121.981
Enterprise Value
106.6 B
Shares Float
419.1 M
Market Capitalization
87.3 B
Dividend Share
7.5

AB SKF Valuation on September 2, 2024

It is possible to determine the worth of AB SKF on a given historical date. On September 2, 2024 0NWX was worth 193.53 at the beginning of the trading date compared to the closed value of 192.95. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of AB SKF stock. Still, in general, we apply an absolute valuation method to find AB SKF'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 AB SKF where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against AB SKF's related companies.
 Open High Low Close Volume
  194.53    195.20    193.75    194.60    30,233  
09/02/2024
  193.53    193.55    190.00    192.95    1,914,758  
  192.88    194.80    189.30    189.95    83,845  
Backtest AB SKF  |  AB SKF History  |  AB SKF Valuation   PreviousNext  
Open Value
193.53
188.03
Downside
192.95
Closing Value
199.03
Upside

AB SKF Trading Date Momentum on September 2, 2024

On September 03 2024 AB SKF B was traded for  189.95  at the closing time. The highest price during the trading period was 194.80  and the lowest recorded bid was listed for  189.30 . The volume for the day was 83.8 K. This history from September 3, 2024 contributed to the next trading day price decline. The daily price change to the next closing price was 1.55% . The overall trading delta to the current price is 5.40% .

AB SKF B Fundamentals Correlations and Trends

By evaluating AB SKF'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 AB SKF's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. 0NWX financial account trend analysis is a perfect complement when working with valuation or volatility modules.

About AB SKF Stock history

AB SKF 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 0NWX is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in AB SKF B 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 AB SKF stock prices may prove useful in developing a viable investing in AB SKF
Last ReportedProjected for Next Year
Net Income Applicable To Common SharesB4.6 B

AB SKF Stock Technical Analysis

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

AB SKF Period Price Range

Low
November 29, 2024
0.00  NaN%
High

 0.00 

     

 0.00 

AB SKF B cannot be verified against its exchange. Please verify the symbol is currently traded on London 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.

AB SKF November 29, 2024 Market Strength

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

AB SKF Technical and Predictive Indicators

Predictive indicators are helping investors to find signals for AB SKF's price direction in advance. Along with the technical and fundamental analysis of 0NWX Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of 0NWX 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.

Additional Tools for 0NWX Stock Analysis

When running AB SKF's price analysis, check to measure AB SKF'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 AB SKF is operating at the current time. Most of AB SKF's value examination focuses on studying past and present price action to predict the probability of AB SKF's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move AB SKF's price. Additionally, you may evaluate how the addition of AB SKF to your portfolios can decrease your overall portfolio volatility.