Cloetta AB (Sweden) Price on June 10, 2024
| CLA-B Stock | SEK 25.72 0.34 1.30% |
If you're considering investing in Cloetta Stock, it is important to understand the factors that can impact its price. As of today, the current price of Cloetta AB stands at 25.72, as last reported on the 27th of November, with the highest price reaching 26.04 and the lowest price hitting 25.72 during the day. Currently, Cloetta AB is very steady. Cloetta AB secures Sharpe Ratio (or Efficiency) of 0.12, which signifies that the company had a 0.12% return per unit of risk over the last 3 months. We have found thirty technical indicators for Cloetta AB, which you can use to evaluate the volatility of the firm. Please confirm Cloetta AB's Mean Deviation of 0.9698, risk adjusted performance of 0.1031, and Downside Deviation of 0.9595 to double-check if the risk estimate we provide is consistent with the expected return of 0.18%.
Cloetta Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
Cloetta |
Sharpe Ratio = 0.1206
| Best Portfolio | Best Equity | |||
| Good Returns | ||||
| Average Returns | ||||
| Small Returns | CLA-B | |||
| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
| Negative Returns |
Estimated Market Risk
| 1.53 actual daily | 13 87% of assets are more volatile |
Expected Return
| 0.18 actual daily | 3 97% of assets have higher returns |
Risk-Adjusted Return
| 0.12 actual daily | 9 91% of assets perform better |
Based on monthly moving average Cloetta AB is performing at about 9% 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 Cloetta AB by adding it to a well-diversified portfolio.
Cloetta AB Valuation on June 10, 2024
It is possible to determine the worth of Cloetta AB on a given historical date. On June 10, 2024 Cloetta was worth 20.34 at the beginning of the trading date compared to the closed value of 20.56. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Cloetta AB stock. Still, in general, we apply an absolute valuation method to find Cloetta 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 Cloetta AB where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Cloetta AB's related companies.
| Open | High | Low | Close | Volume | |
| 20.12 | 20.36 | 20.06 | 20.34 | 823,205 | |
06/10/2024 | 20.34 | 20.66 | 20.24 | 20.56 | 925,299 |
| 20.58 | 20.68 | 20.44 | 20.64 | 635,652 |
| Backtest Cloetta AB | | | Cloetta AB History | | | Cloetta AB Valuation | Previous | Next |
Cloetta AB Trading Date Momentum on June 10, 2024
| On June 11 2024 Cloetta AB was traded for 20.64 at the closing time. The highest price during the trading period was 20.68 and the lowest recorded bid was listed for 20.44 . The volume for the day was 635.7 K. This history from June 11, 2024 contributed to the next trading day price appreciation. The overall trading delta to the next closing price was 0.39% . The overall trading delta to the current price is 0.29% . |
Cloetta AB Fundamentals Correlations and Trends
By evaluating Cloetta 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 Cloetta AB's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Cloetta financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Cloetta AB Stock history
Cloetta 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 Cloetta is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Cloetta 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 Cloetta AB stock prices may prove useful in developing a viable investing in Cloetta AB
It manufactures and markets chocolate confectionery products, including pralines, chocolate wafers, dragees, plates, and countlines under the Kexchoklad, Polly, Center, Plopp, Tupla, Royal, Sportlunch, and Bridge brands. The company was founded in 1862 and is headquartered in Solna, Sweden. Cloetta AB operates under Confectioners classification in Sweden and is traded on Stockholm Stock Exchange. It employs 2500 people.
Cloetta AB Stock Technical Analysis
Cloetta 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
Cloetta AB Period Price Range
Low | November 27, 2024
| High |
0.00 | 0.00 |
Cloetta 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.
Cloetta AB November 27, 2024 Market Strength
Market strength indicators help investors to evaluate how Cloetta 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 Cloetta AB shares will generate the highest return on investment. By undertsting and applying Cloetta AB stock market strength indicators, traders can identify Cloetta AB entry and exit signals to maximize returns
Cloetta AB Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Cloetta AB's price direction in advance. Along with the technical and fundamental analysis of Cloetta Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Cloetta 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 | 0.1031 | |||
| Jensen Alpha | 0.1729 | |||
| Total Risk Alpha | (0.05) | |||
| Sortino Ratio | 0.0675 | |||
| Treynor Ratio | 1.82 |
| Cycle Indicators | ||
| Math Operators | ||
| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
Additional Tools for Cloetta Stock Analysis
When running Cloetta AB's price analysis, check to measure Cloetta 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 Cloetta AB is operating at the current time. Most of Cloetta AB's value examination focuses on studying past and present price action to predict the probability of Cloetta 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 Cloetta AB's price. Additionally, you may evaluate how the addition of Cloetta AB to your portfolios can decrease your overall portfolio volatility.