CirChem AB (Sweden) Price on October 18, 2024
| CIRCHE Stock | SEK 2.91 0.05 1.75% |
If you're considering investing in CirChem Stock, it is important to understand the factors that can impact its price. As of today, the current price of CirChem AB stands at 2.91, as last reported on the 27th of November, with the highest price reaching 3.03 and the lowest price hitting 2.81 during the day. CirChem AB appears to be very risky, given 3 months investment horizon. CirChem AB secures Sharpe Ratio (or Efficiency) of 0.0965, which signifies that the company had a 0.0965% return per unit of risk over the last 3 months. We have found twenty-eight technical indicators for CirChem AB, which you can use to evaluate the volatility of the firm. Please makes use of CirChem AB's Risk Adjusted Performance of 0.0682, downside deviation of 2.17, and Mean Deviation of 1.99 to double-check if our risk estimates are consistent with your expectations.
CirChem Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
CirChem |
Sharpe Ratio = 0.0965
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Estimated Market Risk
| 3.69 actual daily | 32 68% of assets are more volatile |
Expected Return
| 0.36 actual daily | 7 93% of assets have higher returns |
Risk-Adjusted Return
| 0.1 actual daily | 7 93% of assets perform better |
Based on monthly moving average CirChem AB is performing at about 7% 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 CirChem AB by adding it to a well-diversified portfolio.
CirChem AB Valuation on October 18, 2024
It is possible to determine the worth of CirChem AB on a given historical date. On October 18, 2024 CirChem was worth 2.6 at the beginning of the trading date compared to the closed value of 2.65. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of CirChem AB stock. Still, in general, we apply an absolute valuation method to find CirChem 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 CirChem AB where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against CirChem AB's related companies.
| Open | High | Low | Close | Volume | |
| 2.55 | 2.68 | 2.55 | 2.62 | 47,124 | |
10/18/2024 | 2.60 | 2.67 | 2.54 | 2.65 | 21,267 |
| 2.59 | 2.61 | 2.55 | 2.61 | 24,325 |
| Backtest CirChem AB | | | CirChem AB History | | | CirChem AB Valuation | Previous | Next |
CirChem AB Trading Date Momentum on October 18, 2024
| On October 21 2024 CirChem AB was traded for 2.61 at the closing time. The highest price during the trading period was 2.61 and the lowest recorded bid was listed for 2.55 . The volume for the day was 24.3 K. This history from October 21, 2024 contributed to the next trading day price decline. The overall trading delta to the next closing price was 1.51% . The overall trading delta to the current price is 0.00% . |
CirChem AB Fundamentals Correlations and Trends
By evaluating CirChem 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 CirChem AB's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. CirChem financial account trend analysis is a perfect complement when working with valuation or volatility modules.About CirChem AB Stock history
CirChem 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 CirChem is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in CirChem 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 CirChem AB stock prices may prove useful in developing a viable investing in CirChem AB
CirChem AB Stock Technical Analysis
CirChem 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
CirChem AB Period Price Range
Low | November 27, 2024
| High |
0.00 | 0.00 |
CirChem 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.
CirChem AB November 27, 2024 Market Strength
Market strength indicators help investors to evaluate how CirChem 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 CirChem AB shares will generate the highest return on investment. By undertsting and applying CirChem AB stock market strength indicators, traders can identify CirChem AB entry and exit signals to maximize returns
CirChem AB Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for CirChem AB's price direction in advance. Along with the technical and fundamental analysis of CirChem Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of CirChem 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 | 0.0682 | |||
| Jensen Alpha | 0.3475 | |||
| Total Risk Alpha | (0.29) | |||
| Sortino Ratio | 0.0735 | |||
| Treynor Ratio | (0.48) |
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| Math Transform | ||
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| Volatility Indicators | ||
| Volume Indicators |
Complementary Tools for CirChem Stock analysis
When running CirChem AB's price analysis, check to measure CirChem 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 CirChem AB is operating at the current time. Most of CirChem AB's value examination focuses on studying past and present price action to predict the probability of CirChem 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 CirChem AB's price. Additionally, you may evaluate how the addition of CirChem AB to your portfolios can decrease your overall portfolio volatility.
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