Alandsbanken Abp (Finland) Price on November 22, 2024

ALBAV Stock  EUR 34.30  0.10  0.29%   
If you're considering investing in Alandsbanken Stock, it is important to understand the factors that can impact its price. As of today, the current price of Alandsbanken Abp stands at 34.30, as last reported on the 29th of November, with the highest price reaching 34.40 and the lowest price hitting 34.00 during the day. Alandsbanken Abp A secures Sharpe Ratio (or Efficiency) of -0.0269, which signifies that the company had a -0.0269% return per unit of standard deviation over the last 3 months. Alandsbanken Abp A exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm Alandsbanken Abp's risk adjusted performance of (0.03), and Mean Deviation of 0.711 to double-check the risk estimate we provide.
  
Alandsbanken Stock price history is provided at the adjusted basis, taking into account all of the recent filings.

Sharpe Ratio = -0.0269

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Estimated Market Risk

 0.99
  actual daily
8
92% of assets are more volatile

Expected Return

 -0.03
  actual daily
0
Most of other assets have higher returns

Risk-Adjusted Return

 -0.03
  actual daily
0
Most of other assets perform better
Based on monthly moving average Alandsbanken Abp 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 Alandsbanken Abp by adding Alandsbanken Abp to a well-diversified portfolio.

Alandsbanken Abp Valuation on November 22, 2024

It is possible to determine the worth of Alandsbanken Abp on a given historical date. On November 22, 2024 Alandsbanken was worth 34.0 at the beginning of the trading date compared to the closed value of 34.5. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Alandsbanken Abp stock. Still, in general, we apply an absolute valuation method to find Alandsbanken Abp'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 Alandsbanken Abp where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Alandsbanken Abp's related companies.
 Open High Low Close Volume
  34.00    34.00    34.00    34.00    1.00  
11/22/2024
  34.00    34.50    34.00    34.50    723.00  
  34.50    34.50    34.00    34.00    1,843  
Backtest Alandsbanken Abp  |  Alandsbanken Abp History  |  Alandsbanken Abp Valuation   PreviousNext  
Open Value
34.0
34.5
Closing Value
36.98
Upside

Alandsbanken Abp Trading Date Momentum on November 22, 2024

On November 25 2024 Alandsbanken Abp A was traded for  34.00  at the closing time. The highest price during the trading period was 34.50  and the lowest recorded bid was listed for  34.00 . The volume for the day was 1.8 K. This history from November 25, 2024 contributed to the next trading day price decline. The overall trading delta to the next closing price was 1.45% . The overall trading delta to the current price is 0.29% .

Alandsbanken Abp A Fundamentals Correlations and Trends

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

About Alandsbanken Abp Stock history

Alandsbanken Abp 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 Alandsbanken is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Alandsbanken Abp A 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 Alandsbanken Abp stock prices may prove useful in developing a viable investing in Alandsbanken Abp
landsbanken Abp operates as a commercial bank in Finland and Sweden. landsbanken Abp was founded in 1919 and is headquartered in Mariehamn, Finland. Bank of land Plc A operates under Banks - Regional - Europe classification in Finland and is traded on Helsinki Exchange. It employs 694 people.

Alandsbanken Abp Stock Technical Analysis

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

Alandsbanken Abp Period Price Range

Low
November 29, 2024
0.00  NaN%
High

 0.00 

     

 0.00 

Alandsbanken Abp A cannot be verified against its exchange. Please verify the symbol is currently traded on Helsinki 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.

Alandsbanken Abp November 29, 2024 Market Strength

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

Alandsbanken Abp Technical and Predictive Indicators

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

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