AAK AB (Sweden) Price on November 26, 2024
AAK Stock | SEK 295.20 1.00 0.34% |
If you're considering investing in AAK Stock, it is important to understand the factors that can impact its price. As of today, the current price of AAK AB stands at 295.20, as last reported on the 30th of November, with the highest price reaching 295.80 and the lowest price hitting 293.40 during the day. AAK AB secures Sharpe Ratio (or Efficiency) of -0.0927, which signifies that the company had a -0.0927% return per unit of return volatility over the last 3 months. AAK AB exposes twenty-four different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm AAK AB's Mean Deviation of 0.9983, variance of 2.02, and Standard Deviation of 1.42 to double-check the risk estimate we provide.
AAK Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
AAK |
Sharpe Ratio = -0.0927
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Estimated Market Risk
1.4 actual daily | 12 88% of assets are more volatile |
Expected Return
-0.13 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
-0.09 actual daily | 0 Most of other assets perform better |
Based on monthly moving average AAK 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 AAK AB by adding AAK AB to a well-diversified portfolio.
AAK AB Valuation on November 26, 2024
It is possible to determine the worth of AAK AB on a given historical date. On November 26, 2024 AAK was worth 295.0 at the beginning of the trading date compared to the closed value of 288.8. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of AAK AB stock. Still, in general, we apply an absolute valuation method to find AAK 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 AAK AB where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against AAK AB's related companies.
Open | High | Low | Close | Volume | |
283.80 | 286.40 | 282.00 | 283.60 | 557,833 | |
11/26/2024 | 295.00 | 305.60 | 287.40 | 288.80 | 711,422 |
294.20 | 298.80 | 290.40 | 296.40 | 640,530 |
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AAK AB Trading Date Momentum on November 26, 2024
On November 27 2024 AAK AB was traded for 296.40 at the closing time. The maximum traded price for the trading interval was 298.80 and the lowest daily price was 290.40 . The daily volume was recorded at 640.5 K. The volume of trading on 27th of November 2024 played a part in the next trading day price appreciation. The overall trading delta to the next closing price was 2.63% . The overall trading delta to the closing price today is 1.80% . |
AAK AB Fundamentals Correlations and Trends
By evaluating AAK 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 AAK AB's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. AAK financial account trend analysis is a perfect complement when working with valuation or volatility modules.About AAK AB Stock history
AAK 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 AAK is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in AAK 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 AAK AB stock prices may prove useful in developing a viable investing in AAK AB
AAK AB develops and sells vegetable oils and fats in Sweden and internationally. The company also provides fatty acids and glycerine for various applications, as well as proteins and fats for animal feeds. AAK AB operates under Packaged Foods classification in Sweden and is traded on Stockholm Stock Exchange. It employs 3751 people.
AAK AB Stock Technical Analysis
AAK 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
AAK AB Period Price Range
Low | November 30, 2024
| High |
0.00 | 0.00 |
AAK 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.
AAK AB November 30, 2024 Market Strength
Market strength indicators help investors to evaluate how AAK 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 AAK AB shares will generate the highest return on investment. By undertsting and applying AAK AB stock market strength indicators, traders can identify AAK AB entry and exit signals to maximize returns
AAK AB Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for AAK AB's price direction in advance. Along with the technical and fundamental analysis of AAK Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of AAK 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 | (0.05) | |||
Jensen Alpha | (0.14) | |||
Total Risk Alpha | (0.35) | |||
Treynor Ratio | (0.50) |
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Additional Tools for AAK Stock Analysis
When running AAK AB's price analysis, check to measure AAK 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 AAK AB is operating at the current time. Most of AAK AB's value examination focuses on studying past and present price action to predict the probability of AAK 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 AAK AB's price. Additionally, you may evaluate how the addition of AAK AB to your portfolios can decrease your overall portfolio volatility.