Catena AB (Sweden) Price on June 12, 2024
CATE Stock | SEK 480.50 2.00 0.41% |
If you're considering investing in Catena Stock, it is important to understand the factors that can impact its price. As of today, the current price of Catena AB stands at 480.50, as last reported on the 11th of December 2024, with the highest price reaching 483.50 and the lowest price hitting 477.00 during the day. Catena AB secures Sharpe Ratio (or Efficiency) of -0.14, which signifies that the company had a -0.14% return per unit of risk over the last 3 months. Catena AB exposes twenty-four different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm Catena AB's Standard Deviation of 1.36, mean deviation of 1.03, and Risk Adjusted Performance of (0.1) to double-check the risk estimate we provide.
Catena Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
Catena |
Sharpe Ratio = -0.1408
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Estimated Market Risk
1.36 actual daily | 12 88% of assets are more volatile |
Expected Return
-0.19 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
-0.14 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Catena AB 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 Catena AB by adding Catena AB to a well-diversified portfolio.
Catena AB Valuation on June 12, 2024
It is possible to determine the worth of Catena AB on a given historical date. On June 12, 2024 Catena was worth 514.73 at the beginning of the trading date compared to the closed value of 527.62. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Catena AB stock. Still, in general, we apply an absolute valuation method to find Catena 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 Catena AB where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Catena AB's related companies.
Open | High | Low | Close | Volume | |
515.72 | 516.71 | 509.77 | 513.73 | 43,925 | |
06/12/2024 | 514.73 | 532.58 | 510.76 | 527.62 | 82,011 |
526.63 | 537.54 | 516.71 | 516.71 | 103,974 |
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Catena AB Trading Date Momentum on June 12, 2024
On June 13 2024 Catena AB was traded for 516.71 at the closing time. The highest price during the trading period was 537.54 and the lowest recorded bid was listed for 516.71 . The volume for the day was 104 K. This history from June 13, 2024 contributed to the next trading day price decline. The overall trading delta to the next closing price was 2.07% . The overall trading delta to the current price is 2.82% . |
Catena AB Fundamentals Correlations and Trends
By evaluating Catena 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 Catena AB's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Catena financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Catena AB Stock history
Catena 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 Catena is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Catena 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 Catena AB stock prices may prove useful in developing a viable investing in Catena AB
Catena AB operates as a logistics property company in Sweden. The company was founded in 1967 and is headquartered in Helsingborg, Sweden. Catena AB operates under Office Commercial And Industrial Real Estate classification in Sweden and is traded on Stockholm Stock Exchange. It employs 41 people.
Catena AB Stock Technical Analysis
Catena 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
Catena AB Period Price Range
Low | December 11, 2024
| High |
0.00 | 0.00 |
Catena 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.
Catena AB December 11, 2024 Market Strength
Market strength indicators help investors to evaluate how Catena 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 Catena AB shares will generate the highest return on investment. By undertsting and applying Catena AB stock market strength indicators, traders can identify Catena AB entry and exit signals to maximize returns
Catena AB Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Catena AB's price direction in advance. Along with the technical and fundamental analysis of Catena Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Catena 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 | (0.1) | |||
Jensen Alpha | (0.26) | |||
Total Risk Alpha | (0.42) | |||
Treynor Ratio | (0.42) |
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Additional Tools for Catena Stock Analysis
When running Catena AB's price analysis, check to measure Catena 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 Catena AB is operating at the current time. Most of Catena AB's value examination focuses on studying past and present price action to predict the probability of Catena 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 Catena AB's price. Additionally, you may evaluate how the addition of Catena AB to your portfolios can decrease your overall portfolio volatility.