Clemondo Group (Sweden) Price on May 24, 2024

CLEM Stock  SEK 0.76  0.01  1.30%   
If you're considering investing in Clemondo Stock, it is important to understand the factors that can impact its price. As of today, the current price of Clemondo Group stands at 0.76, as last reported on the 28th of November, with the highest price reaching 0.76 and the lowest price hitting 0.75 during the day. Clemondo Group AB secures Sharpe Ratio (or Efficiency) of -0.13, which signifies that the company had a -0.13% return per unit of standard deviation over the last 3 months. Clemondo Group AB exposes twenty-two different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm Clemondo Group's risk adjusted performance of (0.09), and Mean Deviation of 1.73 to double-check the risk estimate we provide.
  
Clemondo Stock price history is provided at the adjusted basis, taking into account all of the recent filings.

Sharpe Ratio = -0.1336

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Estimated Market Risk

 2.07
  actual daily
18
82% of assets are more volatile

Expected Return

 -0.28
  actual daily
0
Most of other assets have higher returns

Risk-Adjusted Return

 -0.13
  actual daily
0
Most of other assets perform better
Based on monthly moving average Clemondo 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 Clemondo Group by adding Clemondo Group to a well-diversified portfolio.

Clemondo Group Valuation on May 24, 2024

It is possible to determine the worth of Clemondo Group on a given historical date. On May 24, 2024 Clemondo was worth 0.92 at the beginning of the trading date compared to the closed value of 0.9. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Clemondo Group stock. Still, in general, we apply an absolute valuation method to find Clemondo 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 Clemondo Group where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Clemondo Group's related companies.
 Open High Low Close Volume
  0.91    0.93    0.86    0.90    284,069  
05/24/2024
  0.92    0.93    0.89    0.90    168,628  
  0.90    0.91    0.88    0.90    74,880  
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Open Value
0.92
0.9
Closing Value
7.14
Upside

Clemondo Group Trading Date Momentum on May 24, 2024

On May 27 2024 Clemondo Group AB was traded for  0.90  at the closing time. The highest price during the trading period was 0.91  and the lowest recorded bid was listed for  0.88 . The volume for the day was 74.9 K. This history from May 27, 2024 did not affect price variability. The overall trading delta to the current price is 1.11% .

Clemondo Group AB Fundamentals Correlations and Trends

By evaluating Clemondo 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 Clemondo Group's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Clemondo financial account trend analysis is a perfect complement when working with valuation or volatility modules.

About Clemondo Group Stock history

Clemondo 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 Clemondo is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Clemondo 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 Clemondo Group stock prices may prove useful in developing a viable investing in Clemondo Group
Clemondo Group AB develops, produces, and markets a range of cleaning and maintenance products for professional users and consumers in Sweden. The company was formerly known as NC Lahega AB and changed its name to Clemondo Group AB in May 2017. Clemondo Group is traded on Stockholm Stock Exchange in Sweden.

Clemondo Group Stock Technical Analysis

Clemondo 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.
A focus of Clemondo Group technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of Clemondo Group trading pattern rather than external drivers such as economic, fundamental, or social events. It is believed that price action tends to repeat itself due to investors' collective, patterned behavior. Hence technical analysis focuses on identifiable price trends and conditions. More Info...

Price Boundaries

Clemondo Group Period Price Range

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November 28, 2024
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Clemondo 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.

Clemondo Group November 28, 2024 Market Strength

Market strength indicators help investors to evaluate how Clemondo 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 Clemondo Group shares will generate the highest return on investment. By undertsting and applying Clemondo Group stock market strength indicators, traders can identify Clemondo Group AB entry and exit signals to maximize returns

Clemondo Group Technical and Predictive Indicators

Predictive indicators are helping investors to find signals for Clemondo Group's price direction in advance. Along with the technical and fundamental analysis of Clemondo Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Clemondo 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.

Additional Tools for Clemondo Stock Analysis

When running Clemondo Group's price analysis, check to measure Clemondo 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 Clemondo Group is operating at the current time. Most of Clemondo Group's value examination focuses on studying past and present price action to predict the probability of Clemondo 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 Clemondo Group's price. Additionally, you may evaluate how the addition of Clemondo Group to your portfolios can decrease your overall portfolio volatility.