Clean Motion (Sweden) Price on September 27, 2024
| CLEMO Stock | SEK 0.32 0.02 5.88% |
If you're considering investing in Clean Stock, it is important to understand the factors that can impact its price. As of today, the current price of Clean Motion stands at 0.32, as last reported on the 29th of November, with the highest price reaching 0.34 and the lowest price hitting 0.31 during the day. Clean Motion AB secures Sharpe Ratio (or Efficiency) of -0.16, which signifies that the company had a -0.16% return per unit of standard deviation over the last 3 months. Clean Motion AB exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm Clean Motion's risk adjusted performance of (0.14), and Mean Deviation of 3.97 to double-check the risk estimate we provide.
Clean Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
Clean |
Sharpe Ratio = -0.1622
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| Negative Returns | CLEMO |
Estimated Market Risk
| 5.69 actual daily | 50 50% of assets are less volatile |
Expected Return
| -0.92 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| -0.16 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Clean Motion 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 Clean Motion by adding Clean Motion to a well-diversified portfolio.
Clean Motion Valuation on September 27, 2024
It is possible to determine the worth of Clean Motion on a given historical date. On September 27, 2024 Clean was worth 0.62 at the beginning of the trading date compared to the closed value of 0.57. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Clean Motion stock. Still, in general, we apply an absolute valuation method to find Clean Motion'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 Clean Motion where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Clean Motion's related companies.
| Open | High | Low | Close | Volume | |
| 0.56 | 0.63 | 0.55 | 0.56 | 596,550 | |
09/27/2024 | 0.62 | 0.62 | 0.54 | 0.57 | 1,112,249 |
| 0.60 | 0.63 | 0.53 | 0.56 | 1,045,368 |
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Clean Motion Trading Date Momentum on September 27, 2024
| On September 30 2024 Clean Motion AB was traded for 0.56 at the closing time. The highest price during the trading period was 0.63 and the lowest recorded bid was listed for 0.53 . The volume for the day was 1 M. This history from September 30, 2024 contributed to the next trading day price decline. The overall trading delta to the next closing price was 1.75% . The overall trading delta to the current price is 12.28% . |
Clean Motion AB Fundamentals Correlations and Trends
By evaluating Clean Motion'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 Clean Motion's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Clean financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Clean Motion Stock history
Clean Motion 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 Clean is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Clean Motion 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 Clean Motion stock prices may prove useful in developing a viable investing in Clean Motion
Clean Motion Stock Technical Analysis
Clean Motion 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
Clean Motion Period Price Range
Low | November 29, 2024
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0.00 | 0.00 |
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Clean Motion November 29, 2024 Market Strength
Market strength indicators help investors to evaluate how Clean Motion stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Clean Motion shares will generate the highest return on investment. By undertsting and applying Clean Motion stock market strength indicators, traders can identify Clean Motion AB entry and exit signals to maximize returns
Clean Motion Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Clean Motion's price direction in advance. Along with the technical and fundamental analysis of Clean Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Clean 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 | (0.14) | |||
| Jensen Alpha | (1.25) | |||
| Total Risk Alpha | (2.12) | |||
| Treynor Ratio | (3.68) |
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Additional Tools for Clean Stock Analysis
When running Clean Motion's price analysis, check to measure Clean Motion'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 Clean Motion is operating at the current time. Most of Clean Motion's value examination focuses on studying past and present price action to predict the probability of Clean Motion's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Clean Motion's price. Additionally, you may evaluate how the addition of Clean Motion to your portfolios can decrease your overall portfolio volatility.