Better Collective (Sweden) Price on November 27, 2024

BETCO Stock  SEK 125.40  0.80  0.63%   
If you're considering investing in Better Stock, it is important to understand the factors that can impact its price. As of today, the current price of Better Collective stands at 125.40, as last reported on the 2nd of December, with the highest price reaching 126.60 and the lowest price hitting 125.20 during the day. Better Collective secures Sharpe Ratio (or Efficiency) of -0.13, which signifies that the company had a -0.13% return per unit of risk over the last 3 months. Better Collective exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm Better Collective's Standard Deviation of 5.43, mean deviation of 1.95, and Risk Adjusted Performance of (0.1) to double-check the risk estimate we provide.
  
Better Stock price history is provided at the adjusted basis, taking into account all of the recent filings.

Sharpe Ratio = -0.1318

Best PortfolioBest Equity
Good Returns
Average Returns
Small Returns
CashSmall RiskAverage RiskHigh RiskHuge Risk
Negative ReturnsBETCO

Estimated Market Risk

 5.47
  actual daily
48
52% of assets are more volatile

Expected Return

 -0.72
  actual daily
0
Most of other assets have higher returns

Risk-Adjusted Return

 -0.13
  actual daily
0
Most of other assets perform better
Based on monthly moving average Better Collective 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 Better Collective by adding Better Collective to a well-diversified portfolio.

Better Collective Valuation on November 27, 2024

It is possible to determine the worth of Better Collective on a given historical date. On November 27, 2024 Better was worth 126.4 at the beginning of the trading date compared to the closed value of 126.8. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Better Collective stock. Still, in general, we apply an absolute valuation method to find Better Collective'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 Better Collective where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Better Collective's related companies.
 Open High Low Close Volume
  131.60    132.20    127.00    127.80    79,463  
11/27/2024
  126.40    128.00    125.80    126.80    74,966  
  126.00    128.20    125.20    126.20    43,267  
Backtest Better Collective  |  Better Collective History  |  Better Collective Valuation   PreviousNext  
Open Value
126.4
109.99
Downside
126.8
Closing Value
142.81
Upside

Better Collective Trading Date Momentum on November 27, 2024

On November 28 2024 Better Collective was traded for  126.20  at the closing time. The highest price during the trading period was 128.20  and the lowest recorded bid was listed for  125.20 . The volume for the day was 43.3 K. This history from November 28, 2024 contributed to the next trading day price decline. The overall trading delta to the next closing price was 0.47% . The overall trading delta to the current price is 0.95% .

Better Collective Fundamentals Correlations and Trends

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

About Better Collective Stock history

Better Collective 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 Better is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Better Collective 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 Better Collective stock prices may prove useful in developing a viable investing in Better Collective
Better Collective AS, together with its subsidiaries, develops educational platforms within the iGaming industry. The company was founded in 2002 and is headquartered in Copenhagen, Denmark. Better Collective operates under Software - Application classification in Sweden and is traded on Stockholm Stock Exchange. It employs 268 people.

Better Collective Stock Technical Analysis

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

Better Collective Period Price Range

Low
December 2, 2024
0.00  NaN%
High

 0.00 

     

 0.00 

Better Collective 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.

Better Collective December 2, 2024 Market Strength

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

Better Collective Technical and Predictive Indicators

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

Additional Tools for Better Stock Analysis

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