Arctic Blue (Sweden) Price on January 9, 2024
ARCTIC Stock | 0.13 0.01 7.14% |
If you're considering investing in Arctic Stock, it is important to understand the factors that can impact its price. As of today, the current price of Arctic Blue stands at 0.13, as last reported on the 27th of November, with the highest price reaching 0.13 and the lowest price hitting 0.13 during the day. Arctic Blue Beverages secures Sharpe Ratio (or Efficiency) of -0.29, which signifies that the company had a -0.29% return per unit of standard deviation over the last 3 months. Arctic Blue Beverages exposes twenty-two different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm Arctic Blue's risk adjusted performance of (0.22), and Mean Deviation of 2.58 to double-check the risk estimate we provide.
Arctic Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
Arctic |
Sharpe Ratio = -0.288
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Negative Returns | ARCTIC |
Estimated Market Risk
3.47 actual daily | 30 70% of assets are more volatile |
Expected Return
-1.0 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
-0.29 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Arctic Blue 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 Arctic Blue by adding Arctic Blue to a well-diversified portfolio.
Arctic Blue Valuation on January 9, 2024
It is possible to determine the worth of Arctic Blue on a given historical date. On January 9, 2024 Arctic was worth 0.37 at the beginning of the trading date compared to the closed value of 0.38. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Arctic Blue stock. Still, in general, we apply an absolute valuation method to find Arctic Blue'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 Arctic Blue where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Arctic Blue's related companies.
Open | High | Low | Close | Volume | |
0.40 | 0.40 | 0.34 | 0.40 | 47,870 | |
01/09/2024 | 0.37 | 0.40 | 0.37 | 0.38 | 30,200 |
0.40 | 0.40 | 0.37 | 0.39 | 54,865 |
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Arctic Blue Trading Date Momentum on January 9, 2024
On January 10 2024 Arctic Blue Beverages was traded for 0.39 at the closing time. The highest price during the trading period was 0.40 and the lowest recorded bid was listed for 0.37 . The volume for the day was 54.9 K. This history from January 10, 2024 contributed to the next trading day price jump. The overall trading delta to the next closing price was 2.63% . The overall trading delta to the current price is 2.63% . |
Arctic Blue Beverages Fundamentals Correlations and Trends
By evaluating Arctic Blue'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 Arctic Blue's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Arctic financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Arctic Blue Stock history
Arctic Blue 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 Arctic is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Arctic Blue Beverages 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 Arctic Blue stock prices may prove useful in developing a viable investing in Arctic Blue
Arctic Blue Stock Technical Analysis
Arctic Blue 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
Arctic Blue Period Price Range
Low | November 27, 2024
| High |
0.00 | 0.00 |
Arctic Blue Beverages 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.
Arctic Blue November 27, 2024 Market Strength
Market strength indicators help investors to evaluate how Arctic Blue stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Arctic Blue shares will generate the highest return on investment. By undertsting and applying Arctic Blue stock market strength indicators, traders can identify Arctic Blue Beverages entry and exit signals to maximize returns
Arctic Blue Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Arctic Blue's price direction in advance. Along with the technical and fundamental analysis of Arctic Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Arctic 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 | (0.22) | |||
Jensen Alpha | (1.10) | |||
Total Risk Alpha | (1.60) | |||
Treynor Ratio | (2.74) |
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Overlap Studies | ||
Pattern Recognition | ||
Price Transform | ||
Statistic Functions | ||
Volatility Indicators | ||
Volume Indicators |
Complementary Tools for Arctic Stock analysis
When running Arctic Blue's price analysis, check to measure Arctic Blue'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 Arctic Blue is operating at the current time. Most of Arctic Blue's value examination focuses on studying past and present price action to predict the probability of Arctic Blue's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Arctic Blue's price. Additionally, you may evaluate how the addition of Arctic Blue to your portfolios can decrease your overall portfolio volatility.
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