Arjo AB (Sweden) Price on October 10, 2024

ARJO-B Stock  SEK 34.30  0.12  0.35%   
If you're considering investing in Arjo Stock, it is important to understand the factors that can impact its price. As of today, the current price of Arjo AB stands at 34.30, as last reported on the 1st of December, with the highest price reaching 34.60 and the lowest price hitting 34.20 during the day. Arjo AB secures Sharpe Ratio (or Efficiency) of -0.0994, which signifies that the company had a -0.0994% return per unit of risk over the last 3 months. Arjo AB exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm Arjo AB's Standard Deviation of 2.47, risk adjusted performance of (0.08), and Mean Deviation of 1.4 to double-check the risk estimate we provide.
  
Arjo Stock price history is provided at the adjusted basis, taking into account all of the recent filings.

Sharpe Ratio = -0.0994

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Estimated Market Risk

 2.46
  actual daily
21
79% of assets are more volatile

Expected Return

 -0.24
  actual daily
0
Most of other assets have higher returns

Risk-Adjusted Return

 -0.1
  actual daily
0
Most of other assets perform better
Based on monthly moving average Arjo 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 Arjo AB by adding Arjo AB to a well-diversified portfolio.

Arjo AB Valuation on October 10, 2024

It is possible to determine the worth of Arjo AB on a given historical date. On October 10, 2024 Arjo was worth 42.16 at the beginning of the trading date compared to the closed value of 41.96. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Arjo AB stock. Still, in general, we apply an absolute valuation method to find Arjo 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 Arjo AB where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Arjo AB's related companies.
 Open High Low Close Volume
  42.28    42.40    41.88    42.16    1,198,702  
10/10/2024
  42.16    42.46    41.86    41.96    237,265  
  41.86    42.26    41.84    42.12    181,938  
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Open Value
42.16
41.96
Closing Value
49.55
Upside

Arjo AB Trading Date Momentum on October 10, 2024

On October 11 2024 Arjo AB was traded for  42.12  at the closing time. The highest price during the trading period was 42.26  and the lowest recorded bid was listed for  41.84 . The volume for the day was 181.9 K. This history from October 11, 2024 contributed to the next trading day price jump. The overall trading delta to the next closing price was 0.38% . The overall trading delta to the current price is 14.68% .

Arjo AB Fundamentals Correlations and Trends

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

About Arjo AB Stock history

Arjo 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 Arjo is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Arjo 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 Arjo AB stock prices may prove useful in developing a viable investing in Arjo AB
Arjo AB develops and sells medical devices and solutions for patients with reduced mobility and age-related health challenges in North America, Western Europe, and internationally. The company was founded in 1957 and is headquartered in Malmo, Sweden. Arjo AB is traded on Stockholm Stock Exchange in Sweden.

Arjo AB Stock Technical Analysis

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

Arjo AB Period Price Range

Low
December 1, 2024
0.00  NaN%
High

 0.00 

     

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Arjo 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.

Arjo AB December 1, 2024 Market Strength

Market strength indicators help investors to evaluate how Arjo 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 Arjo AB shares will generate the highest return on investment. By undertsting and applying Arjo AB stock market strength indicators, traders can identify Arjo AB entry and exit signals to maximize returns

Arjo AB Technical and Predictive Indicators

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

When running Arjo AB's price analysis, check to measure Arjo 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 Arjo AB is operating at the current time. Most of Arjo AB's value examination focuses on studying past and present price action to predict the probability of Arjo 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 Arjo AB's price. Additionally, you may evaluate how the addition of Arjo AB to your portfolios can decrease your overall portfolio volatility.
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