ALM Equity (Sweden) Price on February 14, 2023

ALM-PREF  SEK 88.20  1.10  1.26%   
If you're considering investing in ALM Stock, it is important to understand the factors that can impact its price. As of today, the current price of ALM Equity stands at 88.20, as last reported on the 30th of November, with the highest price reaching 89.00 and the lowest price hitting 86.90 during the day. ALM Equity AB secures Sharpe Ratio (or Efficiency) of -0.0623, which signifies that the company had a -0.0623% return per unit of return volatility over the last 3 months. ALM Equity AB exposes twenty-four different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm ALM Equity's Coefficient Of Variation of (1,716), mean deviation of 0.5009, and Risk Adjusted Performance of (0.04) to double-check the risk estimate we provide.
  
ALM Stock price history is provided at the adjusted basis, taking into account all of the recent filings.

Sharpe Ratio = -0.0623

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Estimated Market Risk

 0.73
  actual daily
6
94% of assets are more volatile

Expected Return

 -0.05
  actual daily
0
Most of other assets have higher returns

Risk-Adjusted Return

 -0.06
  actual daily
0
Most of other assets perform better
Based on monthly moving average ALM Equity 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 ALM Equity by adding ALM Equity to a well-diversified portfolio.

ALM Equity Valuation on February 14, 2023

It is possible to determine the worth of ALM Equity on a given historical date. On February 14, 2023 ALM was worth 74.34 at the beginning of the trading date compared to the closed value of 74.17. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of ALM Equity stock. Still, in general, we apply an absolute valuation method to find ALM Equity'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 ALM Equity where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against ALM Equity's related companies.
 Open High Low Close Volume
  74.26    74.34    73.09    74.34    31,357  
02/14/2023
  74.34    75.34    73.09    74.17    41,569  
  74.42    75.68    73.75    75.59    9,690  
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Open Value
74.34
74.17
Closing Value
76.52
Upside

ALM Equity Trading Date Momentum on February 14, 2023

On February 15 2023 ALM Equity AB was traded for  75.59  at the closing time. The highest price during the trading period was 75.68  and the lowest recorded bid was listed for  73.75 . The volume for the day was 9.7 K. This history from February 15, 2023 contributed to the next trading day price growth. The overall trading delta to the next closing price was 1.91% . The overall trading delta to the current price is 2.37% .

ALM Equity AB Fundamentals Correlations and Trends

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

About ALM Equity Stock history

ALM Equity 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 ALM is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in ALM Equity 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 ALM Equity stock prices may prove useful in developing a viable investing in ALM Equity
ALM Equity AB operates as a real estate development company in Sweden. ALM Equity AB was founded in 2006 and is headquartered in Stockholm, Sweden. ALM Equity is traded on Stockholm Stock Exchange in Sweden.

ALM Equity Stock Technical Analysis

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

ALM Equity Period Price Range

Low
November 30, 2024
0.00  NaN%
High

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ALM Equity 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.

ALM Equity November 30, 2024 Market Strength

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

ALM Equity Technical and Predictive Indicators

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

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