B3 Consulting (Sweden) Price on August 24, 2023
B3 Stock | SEK 75.00 1.90 2.47% |
If you're considering investing in B3 Consulting Stock, it is important to understand the factors that can impact its price. As of today, the current price of B3 Consulting stands at 75.00, as last reported on the 29th of November, with the highest price reaching 76.60 and the lowest price hitting 74.90 during the day. B3 Consulting Group retains Efficiency (Sharpe Ratio) of -0.12, which signifies that the company had a -0.12% return per unit of price deviation over the last 3 months. B3 Consulting exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm B3 Consulting's Market Risk Adjusted Performance of (0.57), variance of 2.89, and Information Ratio of (0.18) to double-check the risk estimate we provide.
B3 Consulting Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
B3 Consulting |
Sharpe Ratio = -0.1233
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Estimated Market Risk
1.71 actual daily | 15 85% of assets are more volatile |
Expected Return
-0.21 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
-0.12 actual daily | 0 Most of other assets perform better |
Based on monthly moving average B3 Consulting 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 B3 Consulting by adding B3 Consulting to a well-diversified portfolio.
B3 Consulting Valuation on August 24, 2023
It is possible to determine the worth of B3 Consulting on a given historical date. On August 24, 2023 B3 Consulting was worth 89.7 at the beginning of the trading date compared to the closed value of 86.51. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of B3 Consulting stock. Still, in general, we apply an absolute valuation method to find B3 Consulting'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 B3 Consulting where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against B3 Consulting's related companies.
Open | High | Low | Close | Volume | |
88.97 | 92.34 | 88.70 | 89.42 | 38,195 | |
08/24/2023 | 89.70 | 89.88 | 86.24 | 86.51 | 24,501 |
86.42 | 87.88 | 86.06 | 87.51 | 12,092 |
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B3 Consulting Trading Date Momentum on August 24, 2023
On August 25 2023 B3 Consulting Group was traded for 87.51 at the closing time. The highest daily price throughout the period was 87.88 and the lowest price was 86.06 . The daily volume was 12.1 K. The net trading volume on 08/25/2023 added to the next day price appreciation. The overall trading delta to closing price of the next trading day was 1.16% . The overall trading delta to current closing price is 0.31% . |
B3 Consulting Group Fundamentals Correlations and Trends
By evaluating B3 Consulting'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 B3 Consulting's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. B3 Consulting financial account trend analysis is a perfect complement when working with valuation or volatility modules.About B3 Consulting Stock history
B3 Consulting 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 B3 Consulting is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in B3 Consulting Group 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 B3 Consulting stock prices may prove useful in developing a viable investing in B3 Consulting
B3 Consulting Group AB provides IT and management consultancy services in Sweden. B3 Consulting Group AB was founded in 2003 and is headquartered in Stockholm, Sweden. B3 Consulting is traded on Stockholm Stock Exchange in Sweden.
B3 Consulting Stock Technical Analysis
B3 Consulting 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
B3 Consulting Period Price Range
Low | November 29, 2024
| High |
0.00 | 0.00 |
B3 Consulting Group 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.
B3 Consulting November 29, 2024 Market Strength
Market strength indicators help investors to evaluate how B3 Consulting stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading B3 Consulting shares will generate the highest return on investment. By undertsting and applying B3 Consulting stock market strength indicators, traders can identify B3 Consulting Group entry and exit signals to maximize returns
B3 Consulting Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for B3 Consulting's price direction in advance. Along with the technical and fundamental analysis of B3 Consulting Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of B3 Consulting 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 | (0.08) | |||
Jensen Alpha | (0.23) | |||
Total Risk Alpha | (0.45) | |||
Treynor Ratio | (0.58) |
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Additional Tools for B3 Consulting Stock Analysis
When running B3 Consulting's price analysis, check to measure B3 Consulting'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 B3 Consulting is operating at the current time. Most of B3 Consulting's value examination focuses on studying past and present price action to predict the probability of B3 Consulting's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move B3 Consulting's price. Additionally, you may evaluate how the addition of B3 Consulting to your portfolios can decrease your overall portfolio volatility.