Bonava AB (Sweden) Price on September 17, 2024
| BONAV-A Stock | SEK 8.80 0.30 3.30% |
If you're considering investing in Bonava Stock, it is important to understand the factors that can impact its price. As of today, the current price of Bonava AB stands at 8.80, as last reported on the 1st of December, with the highest price reaching 9.60 and the lowest price hitting 8.80 during the day. At this point, Bonava AB is slightly risky. Bonava AB secures Sharpe Ratio (or Efficiency) of 0.0328, which signifies that the company had a 0.0328% return per unit of risk over the last 3 months. We have found thirty technical indicators for Bonava AB, which you can use to evaluate the volatility of the firm. Please confirm Bonava AB's Risk Adjusted Performance of 0.024, downside deviation of 6.5, and Mean Deviation of 3.05 to double-check if the risk estimate we provide is consistent with the expected return of 0.16%.
Bonava Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
Bonava |
Sharpe Ratio = 0.0328
| Best Portfolio | Best Equity | |||
| Good Returns | ||||
| Average Returns | ||||
| Small Returns | BONAV-A | |||
| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
| Negative Returns |
Estimated Market Risk
| 4.93 actual daily | 43 57% of assets are more volatile |
Expected Return
| 0.16 actual daily | 3 97% of assets have higher returns |
Risk-Adjusted Return
| 0.03 actual daily | 2 98% of assets perform better |
Based on monthly moving average Bonava AB is performing at about 2% of its full potential. 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 Bonava AB by adding it to a well-diversified portfolio.
Bonava AB Valuation on September 17, 2024
It is possible to determine the worth of Bonava AB on a given historical date. On September 17, 2024 Bonava was worth 8.22 at the beginning of the trading date compared to the closed value of 8.22. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Bonava AB stock. Still, in general, we apply an absolute valuation method to find Bonava 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 Bonava AB where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Bonava AB's related companies.
| Open | High | Low | Close | Volume | |
| 8.20 | 8.30 | 8.20 | 8.30 | 10,441 | |
09/17/2024 | 8.22 | 8.22 | 8.22 | 8.22 | 285.00 |
| 8.30 | 8.30 | 8.30 | 8.30 | 2,000 |
| Backtest Bonava AB | | | Bonava AB History | | | Bonava AB Valuation | Previous | Next |
Bonava AB Trading Date Momentum on September 17, 2024
| On September 18 2024 Bonava AB was traded for 8.30 at the closing time. The highest price during the trading period was 8.30 and the lowest recorded bid was listed for 8.30 . The volume for the day was 2 K. This history from September 18, 2024 contributed to the next trading day price jump. The overall trading delta to the next closing price was 0.97% . The overall trading delta to the current price is 0.24% . |
Bonava AB Fundamentals Correlations and Trends
By evaluating Bonava 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 Bonava AB's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Bonava financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Bonava AB Stock history
Bonava 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 Bonava is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Bonava 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 Bonava AB stock prices may prove useful in developing a viable investing in Bonava AB
Bonava AB develops and sells housing units in Sweden, Germany, Finland, Denmark, Norway, St. The company offers multi-family and single-family houses and develops homes for consumers and investors, such as pension funds, alongside municipalities, and other stakeholders. Bonava AB is traded on Stockholm Stock Exchange in Sweden.
Bonava AB Stock Technical Analysis
Bonava 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.
Price Boundaries
Bonava AB Period Price Range
Low | December 1, 2024
| High |
0.00 | 0.00 |
Bonava 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.
Bonava AB December 1, 2024 Market Strength
Market strength indicators help investors to evaluate how Bonava 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 Bonava AB shares will generate the highest return on investment. By undertsting and applying Bonava AB stock market strength indicators, traders can identify Bonava AB entry and exit signals to maximize returns
Bonava AB Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Bonava AB's price direction in advance. Along with the technical and fundamental analysis of Bonava Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Bonava 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 | 0.024 | |||
| Jensen Alpha | 0.1711 | |||
| Total Risk Alpha | (0.74) | |||
| Sortino Ratio | (0.01) | |||
| Treynor Ratio | (0.14) |
| Cycle Indicators | ||
| Math Operators | ||
| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
Complementary Tools for Bonava Stock analysis
When running Bonava AB's price analysis, check to measure Bonava 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 Bonava AB is operating at the current time. Most of Bonava AB's value examination focuses on studying past and present price action to predict the probability of Bonava 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 Bonava AB's price. Additionally, you may evaluate how the addition of Bonava AB to your portfolios can decrease your overall portfolio volatility.
| Price Exposure Probability Analyze equity upside and downside potential for a given time horizon across multiple markets | |
| Economic Indicators Top statistical indicators that provide insights into how an economy is performing | |
| Portfolio Suggestion Get suggestions outside of your existing asset allocation including your own model portfolios | |
| Global Correlations Find global opportunities by holding instruments from different markets | |
| Financial Widgets Easily integrated Macroaxis content with over 30 different plug-and-play financial widgets | |
| Insider Screener Find insiders across different sectors to evaluate their impact on performance | |
| Equity Search Search for actively traded equities including funds and ETFs from over 30 global markets | |
| ETFs Find actively traded Exchange Traded Funds (ETF) from around the world | |
| Pair Correlation Compare performance and examine fundamental relationship between any two equity instruments |