Bulten AB (Sweden) Price on April 24, 2024
| BULTEN Stock | SEK 69.60 0.30 0.43% |
If you're considering investing in Bulten Stock, it is important to understand the factors that can impact its price. As of today, the current price of Bulten AB stands at 69.60, as last reported on the 26th of February, with the highest price reaching 70.80 and the lowest price hitting 69.10 during the day. At this point, Bulten AB is very steady. Bulten AB secures Sharpe Ratio (or Efficiency) of 0.0326, which signifies that the company had a 0.0326 % return per unit of risk over the last 3 months. We have found twenty-nine technical indicators for Bulten AB, which you can use to evaluate the volatility of the firm. Please confirm Bulten AB's Downside Deviation of 2.49, mean deviation of 1.28, and Risk Adjusted Performance of 0.0145 to double-check if the risk estimate we provide is consistent with the expected return of 0.0663%.
Bulten Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
Bulten |
Sharpe Ratio = 0.0326
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Estimated Market Risk
| 2.03 actual daily | 18 82% of assets are more volatile |
Expected Return
| 0.07 actual daily | 1 99% of assets have higher returns |
Risk-Adjusted Return
| 0.03 actual daily | 2 98% of assets perform better |
Based on monthly moving average Bulten AB is performing at about 2% 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 Bulten AB by adding it to a well-diversified portfolio.
Bulten AB Valuation on April 24, 2024
It is possible to determine the worth of Bulten AB on a given historical date. On April 24, 2024 Bulten was worth 71.64 at the beginning of the trading date compared to the closed value of 70.38. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Bulten AB stock. Still, in general, we apply an absolute valuation method to find Bulten 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 Bulten AB where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Bulten AB's related companies.
| Open | High | Low | Close | Volume | |
| 70.97 | 71.64 | 70.68 | 71.45 | 27,462 | |
04/24/2024 | 71.64 | 71.64 | 69.80 | 70.38 | 41,674 |
| 70.38 | 79.97 | 69.61 | 76.00 | 260,906 |
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Bulten AB Trading Date Momentum on April 24, 2024
| On April 25 2024 Bulten AB was traded for 76.00 at the closing time. The highest price during the trading period was 79.97 and the lowest recorded bid was listed for 69.61 . The volume for the day was 260.9 K. This history from April 25, 2024 contributed to the next trading day price jump. The overall trading delta to the next closing price was 7.99% . The overall trading delta to the current price is 26.74% . |
Bulten AB Fundamentals Correlations and Trends
By evaluating Bulten 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 Bulten AB's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Bulten financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Bulten AB Stock history
Bulten 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 Bulten is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Bulten 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 Bulten AB stock prices may prove useful in developing a viable investing in Bulten AB
Bulten AB , together with its subsidiaries, designs, develops, manufactures, and distributes automotive components for light vehicles, heavy commercial vehicles, and tier 1 suppliers in Sweden, Poland, the United States, Germany, Russia, the United Kingdom, China, and internationally. Bulten AB was founded in 1873 and is headquartered in Gothenburg, Sweden. Bulten AB operates under Fabricated Metal And Composite Products classification in Sweden and is traded on Stockholm Stock Exchange. It employs 1400 people.
Bulten AB Stock Technical Analysis
Bulten 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
Bulten AB Period Price Range
Low | February 26, 2025
| High |
0.00 | 0.00 |
Bulten 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.
Bulten AB February 26, 2025 Market Strength
Market strength indicators help investors to evaluate how Bulten 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 Bulten AB shares will generate the highest return on investment. By undertsting and applying Bulten AB stock market strength indicators, traders can identify Bulten AB entry and exit signals to maximize returns
Bulten AB Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Bulten AB's price direction in advance. Along with the technical and fundamental analysis of Bulten Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Bulten 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 | 0.0145 | |||
| Jensen Alpha | 0.01 | |||
| Total Risk Alpha | (0) | |||
| Sortino Ratio | 0.0028 | |||
| Treynor Ratio | 0.0303 |
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Complementary Tools for Bulten Stock analysis
When running Bulten AB's price analysis, check to measure Bulten 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 Bulten AB is operating at the current time. Most of Bulten AB's value examination focuses on studying past and present price action to predict the probability of Bulten 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 Bulten AB's price. Additionally, you may evaluate how the addition of Bulten AB to your portfolios can decrease your overall portfolio volatility.
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