Bonava AB (Sweden) Price on August 14, 2023
| BONAV-B Stock | SEK 8.09 0.06 0.74% |
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 8.09, as last reported on the 11th of December 2024, with the highest price reaching 8.24 and the lowest price hitting 8.07 during the day. At this point, Bonava AB is somewhat reliable. Bonava AB secures Sharpe Ratio (or Efficiency) of 0.0114, which signifies that the company had a 0.0114% return per unit of risk over the last 3 months. We have found twenty-nine 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 0.0169, mean deviation of 2.12, and Downside Deviation of 2.77 to double-check if the risk estimate we provide is consistent with the expected return of 0.0311%.
Bonava Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
Bonava |
Sharpe Ratio = 0.0114
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Estimated Market Risk
| 2.74 actual daily | 24 76% of assets are more volatile |
Expected Return
| 0.03 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| 0.01 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Bonava 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 Bonava AB by adding Bonava AB to a well-diversified portfolio.
Bonava AB Valuation on August 14, 2023
It is possible to determine the worth of Bonava AB on a given historical date. On August 14, 2023 Bonava was worth 21.0 at the beginning of the trading date compared to the closed value of 20.42. 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 | |
| 21.54 | 21.54 | 20.74 | 21.06 | 184,419 | |
08/14/2023 | 21.00 | 21.00 | 20.36 | 20.42 | 119,851 |
| 20.92 | 20.92 | 19.05 | 19.66 | 240,033 |
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Bonava AB Trading Date Momentum on August 14, 2023
| On August 15 2023 Bonava AB was traded for 19.66 at the closing time. The highest price during the trading period was 20.92 and the lowest recorded bid was listed for 19.05 . The volume for the day was 240 K. This history from August 15, 2023 contributed to the next trading day price decline. The overall trading delta to the next closing price was 3.72% . The overall trading delta to the current price is 20.57% . |
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 11, 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 11, 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 | 0.0169 | |||
| Jensen Alpha | 0.0145 | |||
| Total Risk Alpha | (0.40) | |||
| Sortino Ratio | (0.03) | |||
| Treynor Ratio | 0.2608 |
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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.
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