Acconeer (Sweden) Price on March 20, 2023

ACCON Stock  SEK 5.65  0.15  2.73%   
If you're considering investing in Acconeer Stock, it is important to understand the factors that can impact its price. As of today, the current price of Acconeer stands at 5.65, as last reported on the 29th of November, with the highest price reaching 5.70 and the lowest price hitting 5.40 during the day. Acconeer AB secures Sharpe Ratio (or Efficiency) of -0.17, which signifies that the company had a -0.17% return per unit of standard deviation over the last 3 months. Acconeer AB exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm Acconeer's mean deviation of 2.04, and Risk Adjusted Performance of (0.12) to double-check the risk estimate we provide.
  
Acconeer Stock price history is provided at the adjusted basis, taking into account all of the recent filings.

Sharpe Ratio = -0.1673

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Estimated Market Risk

 2.74
  actual daily
24
76% of assets are more volatile

Expected Return

 -0.46
  actual daily
0
Most of other assets have higher returns

Risk-Adjusted Return

 -0.17
  actual daily
0
Most of other assets perform better
Based on monthly moving average Acconeer 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 Acconeer by adding Acconeer to a well-diversified portfolio.

Acconeer Valuation on March 20, 2023

It is possible to determine the worth of Acconeer on a given historical date. On March 20, 2023 Acconeer was worth 37.1 at the beginning of the trading date compared to the closed value of 36.75. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Acconeer stock. Still, in general, we apply an absolute valuation method to find Acconeer'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 Acconeer where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Acconeer's related companies.
 Open High Low Close Volume
  37.70    38.00    36.25    37.05    16,109  
03/20/2023
  37.10    37.15    35.85    36.75    34,994  
  37.30    37.95    36.80    37.10    6,917  
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Open Value
37.1
36.75
Closing Value
45.31
Upside

Acconeer Trading Date Momentum on March 20, 2023

On March 21 2023 Acconeer AB was traded for  37.10  at the closing time. The highest price during the trading period was 37.95  and the lowest recorded bid was listed for  36.80 . The volume for the day was 6.9 K. This history from March 21, 2023 contributed to the next trading day price appreciation. The overall trading delta to the next closing price was 0.95% . The overall trading delta to the current price is 2.45% .

Acconeer AB Fundamentals Correlations and Trends

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

About Acconeer Stock history

Acconeer 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 Acconeer is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Acconeer 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 Acconeer stock prices may prove useful in developing a viable investing in Acconeer
It offers A1 radar sensor, a high-precision pulsed short-range radar sensor that is delivered as a one chip system in package solution with embedded radio and antenna for detecting multiple objects at close range with single measurements, as well as continuous sweeps set to any frequency up to 1500 Hz. The company was founded in 2011 and is based in Lund, Sweden. Acconeer is traded on Stockholm Stock Exchange in Sweden.

Acconeer Stock Technical Analysis

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

Acconeer Period Price Range

Low
November 29, 2024
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High

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Acconeer 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.

Acconeer November 29, 2024 Market Strength

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

Acconeer Technical and Predictive Indicators

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

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