BTS Group (Sweden) Price on December 19, 2023
| BTS-B Stock | SEK 268.00 5.00 1.90% |
If you're considering investing in BTS Stock, it is important to understand the factors that can impact its price. As of today, the current price of BTS Group stands at 268.00, as last reported on the 11th of December 2024, with the highest price reaching 270.00 and the lowest price hitting 264.00 during the day. Currently, BTS Group AB is very steady. BTS Group AB secures Sharpe Ratio (or Efficiency) of 0.0099, which signifies that the company had a 0.0099% return per unit of risk over the last 3 months. We have found thirty technical indicators for BTS Group AB, which you can use to evaluate the volatility of the firm. Please confirm BTS Group's mean deviation of 1.12, and Risk Adjusted Performance of 0.0177 to double-check if the risk estimate we provide is consistent with the expected return of 0.0137%.
BTS Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
BTS |
Sharpe Ratio = 0.0099
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Estimated Market Risk
| 1.39 actual daily | 12 88% of assets are more volatile |
Expected Return
| 0.01 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 BTS Group 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 BTS Group by adding BTS Group to a well-diversified portfolio.
BTS Group Valuation on December 19, 2023
It is possible to determine the worth of BTS Group on a given historical date. On December 19, 2023 BTS was worth 253.2 at the beginning of the trading date compared to the closed value of 259.08. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of BTS Group stock. Still, in general, we apply an absolute valuation method to find BTS Group'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 BTS Group where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against BTS Group's related companies.
| Open | High | Low | Close | Volume | |
| 246.82 | 250.74 | 241.42 | 250.74 | 67,589 | |
12/19/2023 | 253.20 | 259.08 | 251.23 | 259.08 | 2,877 |
| 259.08 | 276.75 | 258.10 | 274.79 | 354,493 |
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BTS Group Trading Date Momentum on December 19, 2023
| On December 20 2023 BTS Group AB was traded for 274.79 at the closing time. The highest price during the trading period was 276.75 and the lowest recorded bid was listed for 258.10 . The volume for the day was 354.5 K. This history from December 20, 2023 contributed to the next trading day price appreciation. The overall trading delta to the next closing price was 6.06% . The overall trading delta to the current price is 11.75% . |
BTS Group AB Fundamentals Correlations and Trends
By evaluating BTS Group'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 BTS Group's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. BTS financial account trend analysis is a perfect complement when working with valuation or volatility modules.About BTS Group Stock history
BTS Group 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 BTS is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in BTS Group 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 BTS Group stock prices may prove useful in developing a viable investing in BTS Group
BTS Group AB operates as a consulting and education firm in Sweden and internationally. The company was founded in 1986 and is headquartered in Stockholm, Sweden. BTS Group operates under Staffing Outsourcing Services classification in Sweden and is traded on Stockholm Stock Exchange. It employs 746 people.
BTS Group Stock Technical Analysis
BTS Group 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
BTS Group Period Price Range
Low | December 11, 2024
| High |
0.00 | 0.00 |
BTS Group 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.
BTS Group December 11, 2024 Market Strength
Market strength indicators help investors to evaluate how BTS Group stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading BTS Group shares will generate the highest return on investment. By undertsting and applying BTS Group stock market strength indicators, traders can identify BTS Group AB entry and exit signals to maximize returns
BTS Group Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for BTS Group's price direction in advance. Along with the technical and fundamental analysis of BTS Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of BTS 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 | 0.0177 | |||
| Jensen Alpha | 0.0117 | |||
| Total Risk Alpha | (0.20) | |||
| Sortino Ratio | (0.07) | |||
| Treynor Ratio | 0.5539 |
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Additional Tools for BTS Stock Analysis
When running BTS Group's price analysis, check to measure BTS Group'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 BTS Group is operating at the current time. Most of BTS Group's value examination focuses on studying past and present price action to predict the probability of BTS Group's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move BTS Group's price. Additionally, you may evaluate how the addition of BTS Group to your portfolios can decrease your overall portfolio volatility.