Brinova Fastigheter (Sweden) Price on November 29, 2024
BRIN-B Stock | SEK 22.80 0.20 0.88% |
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 22.80, as last reported on the 11th of December 2024, with the highest price reaching 23.00 and the lowest price hitting 22.30 during the day. Brinova Fastigheter secures Sharpe Ratio (or Efficiency) of -0.0582, which signifies that the company had a -0.0582% return per unit of risk over the last 3 months. Brinova Fastigheter AB exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm Brinova Fastigheter's Risk Adjusted Performance of (0.03), mean deviation of 1.58, and Standard Deviation of 2.16 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.
Brinova |
Sharpe Ratio = -0.0582
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Estimated Market Risk
2.18 actual daily | 19 81% of assets are more volatile |
Expected Return
-0.13 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
-0.06 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 November 29, 2024
It is possible to determine the worth of Brinova Fastigheter on a given historical date. On November 29, 2024 Brinova was worth 23.0 at the beginning of the trading date compared to the closed value of 23.2. 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 | |
23.20 | 23.30 | 22.80 | 23.10 | 3,371 | |
11/29/2024 | 23.00 | 23.30 | 23.00 | 23.20 | 4,178 |
22.80 | 23.70 | 22.80 | 23.60 | 4,625 |
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Brinova Fastigheter Trading Date Momentum on November 29, 2024
On December 02 2024 Brinova Fastigheter AB was traded for 23.60 at the closing time. The highest price during the trading period was 23.70 and the lowest recorded bid was listed for 22.80 . The volume for the day was 4.6 K. This history from December 2, 2024 contributed to the next trading day price jump. The overall trading delta to the next closing price was 1.72% . The overall trading delta to the current price is 1.29% . |
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.
Price Boundaries
Brinova Fastigheter Period Price Range
Low | December 11, 2024
| 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 11, 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.
Risk Adjusted Performance | (0.03) | |||
Jensen Alpha | (0.15) | |||
Total Risk Alpha | (0.45) | |||
Treynor Ratio | (0.27) |
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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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