Botnia Exploration (Sweden) Price on April 30, 2024
| BOTX Stock | SEK 12.80 0.10 0.78% |
If you're considering investing in Botnia Stock, it is important to understand the factors that can impact its price. As of today, the current price of Botnia Exploration stands at 12.80, as last reported on the 28th of November, with the highest price reaching 13.00 and the lowest price hitting 12.80 during the day. Botnia Exploration appears to be somewhat reliable, given 3 months investment horizon. Botnia Exploration secures Sharpe Ratio (or Efficiency) of 0.054, which signifies that the company had a 0.054% return per unit of risk over the last 3 months. We have found twenty-eight technical indicators for Botnia Exploration Holding, which you can use to evaluate the volatility of the firm. Please makes use of Botnia Exploration's Risk Adjusted Performance of 0.0446, mean deviation of 2.58, and Downside Deviation of 3.46 to double-check if our risk estimates are consistent with your expectations.
Botnia Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
Botnia |
Sharpe Ratio = 0.054
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Estimated Market Risk
| 3.67 actual daily | 32 68% of assets are more volatile |
Expected Return
| 0.2 actual daily | 3 97% of assets have higher returns |
Risk-Adjusted Return
| 0.05 actual daily | 4 96% of assets perform better |
Based on monthly moving average Botnia Exploration is performing at about 4% 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 Botnia Exploration by adding it to a well-diversified portfolio.
Botnia Exploration Valuation on April 30, 2024
It is possible to determine the worth of Botnia Exploration on a given historical date. On April 30, 2024 Botnia was worth 11.0 at the beginning of the trading date compared to the closed value of 11.05. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Botnia Exploration stock. Still, in general, we apply an absolute valuation method to find Botnia Exploration'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 Botnia Exploration where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Botnia Exploration's related companies.
| Open | High | Low | Close | Volume | |
| 11.50 | 11.80 | 10.70 | 10.70 | 31,247 | |
04/30/2024 | 11.00 | 11.80 | 11.00 | 11.05 | 19,983 |
| 11.00 | 12.95 | 11.00 | 12.90 | 72,920 |
| Backtest Botnia Exploration | | | Botnia Exploration History | | | Botnia Exploration Valuation | Previous | Next |
Botnia Exploration Trading Date Momentum on April 30, 2024
| On May 02 2024 Botnia Exploration Holding was traded for 12.90 at the closing time. The highest price during the trading period was 12.95 and the lowest recorded bid was listed for 11.00 . The volume for the day was 72.9 K. This history from May 2, 2024 contributed to the next trading day price appreciation. The overall trading delta to the next closing price was 16.74% . The overall trading delta to the current price is 6.79% . |
Botnia Exploration Fundamentals Correlations and Trends
By evaluating Botnia Exploration'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 Botnia Exploration's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Botnia financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Botnia Exploration Stock history
Botnia Exploration 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 Botnia is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Botnia Exploration 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 Botnia Exploration stock prices may prove useful in developing a viable investing in Botnia Exploration
Botnia Exploration Holding AB , together with its subsidiaries, engages in the exploration of precious and base metals in Sweden. The company was founded in 2007 and is based in Nacka Strand, Sweden. Botnia Exploration is traded on Stockholm Stock Exchange in Sweden.
Botnia Exploration Stock Technical Analysis
Botnia Exploration 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
Botnia Exploration Period Price Range
Low | November 28, 2024
| High |
0.00 | 0.00 |
Botnia Exploration Holding 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.
Botnia Exploration November 28, 2024 Market Strength
Market strength indicators help investors to evaluate how Botnia Exploration stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Botnia Exploration shares will generate the highest return on investment. By undertsting and applying Botnia Exploration stock market strength indicators, traders can identify Botnia Exploration Holding entry and exit signals to maximize returns
Botnia Exploration Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Botnia Exploration's price direction in advance. Along with the technical and fundamental analysis of Botnia Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Botnia 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 | 0.0446 | |||
| Jensen Alpha | 0.1341 | |||
| Total Risk Alpha | (0.38) | |||
| Sortino Ratio | 0.0139 | |||
| Treynor Ratio | 0.6453 |
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Additional Tools for Botnia Stock Analysis
When running Botnia Exploration's price analysis, check to measure Botnia Exploration'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 Botnia Exploration is operating at the current time. Most of Botnia Exploration's value examination focuses on studying past and present price action to predict the probability of Botnia Exploration's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Botnia Exploration's price. Additionally, you may evaluate how the addition of Botnia Exploration to your portfolios can decrease your overall portfolio volatility.