Brinova Fastigheter (Sweden) Price on October 20, 2023

BRIN-B Stock  SEK 23.60  0.40  1.72%   
If you're considering investing in Brinova Stock, it is important to understand the factors that can impact its price. As of today, the current price of Brinova Fastigheter stands at 23.60, as last reported on the 3rd of December, with the highest price reaching 23.70 and the lowest price hitting 22.80 during the day. Brinova Fastigheter secures Sharpe Ratio (or Efficiency) of -0.0211, which signifies that the company had a -0.0211% return per unit of risk over the last 3 months. Brinova Fastigheter AB exposes twenty-nine different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm Brinova Fastigheter's Downside Deviation of 2.14, risk adjusted performance of 0.0104, and Mean Deviation of 1.67 to double-check the risk estimate we provide.
  
Brinova Stock price history is provided at the adjusted basis, taking into account all of the recent filings.

Sharpe Ratio = -0.0211

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Estimated Market Risk

 2.2
  actual daily
19
81% of assets are more volatile

Expected Return

 -0.05
  actual daily
0
Most of other assets have higher returns

Risk-Adjusted Return

 -0.02
  actual daily
0
Most of other assets perform better
Based on monthly moving average Brinova Fastigheter 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 Brinova Fastigheter by adding Brinova Fastigheter to a well-diversified portfolio.

Brinova Fastigheter Valuation on October 20, 2023

It is possible to determine the worth of Brinova Fastigheter on a given historical date. On October 20, 2023 Brinova was worth 13.2 at the beginning of the trading date compared to the closed value of 13.3. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Brinova Fastigheter stock. Still, in general, we apply an absolute valuation method to find Brinova Fastigheter'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 Brinova Fastigheter where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Brinova Fastigheter's related companies.
 Open High Low Close Volume
  13.35    13.45    13.20    13.20    7,101  
10/20/2023
  13.20    13.35    13.00    13.30    5,337  
  13.30    13.60    13.30    13.50    12,353  
Backtest Brinova Fastigheter  |  Brinova Fastigheter History  |  Brinova Fastigheter Valuation   PreviousNext  
Open Value
13.2
13.3
Closing Value
19.81
Upside

Brinova Fastigheter Trading Date Momentum on October 20, 2023

On October 23 2023 Brinova Fastigheter AB was traded for  13.50  at the closing time. The highest price during the trading period was 13.60  and the lowest recorded bid was listed for  13.30 . The volume for the day was 12.4 K. This history from October 23, 2023 contributed to the next trading day price jump. The overall trading delta to the next closing price was 1.50% . The overall trading delta to the current price is 4.51% .

Brinova Fastigheter Fundamentals Correlations and Trends

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

About Brinova Fastigheter Stock history

Brinova Fastigheter 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 Brinova is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Brinova Fastigheter 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 Brinova Fastigheter stock prices may prove useful in developing a viable investing in Brinova Fastigheter
Brinova Fastigheter AB develops and manages residential and community properties in Southern Sweden. Its property portfolio consists of public housing and housing. Brinova Fastigheter is traded on Stockholm Stock Exchange in Sweden.

Brinova Fastigheter Stock Technical Analysis

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

Brinova Fastigheter Period Price Range

Low
December 3, 2024
0.00  NaN%
High

 0.00 

     

 0.00 

Brinova Fastigheter 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.

Brinova Fastigheter December 3, 2024 Market Strength

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

Brinova Fastigheter Technical and Predictive Indicators

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

Complementary Tools for Brinova Stock analysis

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