Climeon AB (Sweden) Price on November 5, 2024
CLIME-B Stock | SEK 0.35 0.02 6.06% |
If you're considering investing in Climeon Stock, it is important to understand the factors that can impact its price. As of today, the current price of Climeon AB stands at 0.35, as last reported on the 28th of November, with the highest price reaching 0.36 and the lowest price hitting 0.33 during the day. Climeon AB secures Sharpe Ratio (or Efficiency) of -0.17, which signifies that the company had a -0.17% return per unit of risk over the last 3 months. Climeon AB exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm Climeon AB's Mean Deviation of 2.94, risk adjusted performance of (0.14), and Standard Deviation of 4.22 to double-check the risk estimate we provide.
Climeon Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
Climeon |
Sharpe Ratio = -0.1699
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Estimated Market Risk
4.36 actual daily | 38 62% of assets are more volatile |
Expected Return
-0.74 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
-0.17 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Climeon 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 Climeon AB by adding Climeon AB to a well-diversified portfolio.
Climeon AB Valuation on November 5, 2024
It is possible to determine the worth of Climeon AB on a given historical date. On November 5, 2024 Climeon was worth 0.5 at the beginning of the trading date compared to the closed value of 0.51. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Climeon AB stock. Still, in general, we apply an absolute valuation method to find Climeon 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 Climeon AB where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Climeon AB's related companies.
Open | High | Low | Close | Volume | |
0.52 | 0.52 | 0.48 | 0.50 | 34,268 | |
11/05/2024 | 0.50 | 0.52 | 0.47 | 0.51 | 466,559 |
0.48 | 0.51 | 0.41 | 0.42 | 505,940 |
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Climeon AB Trading Date Momentum on November 5, 2024
On November 06 2024 Climeon AB was traded for 0.42 at the closing time. The highest price during the trading period was 0.51 and the lowest recorded bid was listed for 0.41 . The volume for the day was 505.9 K. This history from November 6, 2024 contributed to the next trading day price decline. The overall trading delta to the next closing price was 17.65% . The overall trading delta to the current price is 31.37% . |
Climeon AB Fundamentals Correlations and Trends
By evaluating Climeon 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 Climeon AB's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Climeon financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Climeon AB Stock history
Climeon 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 Climeon is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Climeon 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 Climeon AB stock prices may prove useful in developing a viable investing in Climeon AB
Climeon AB provides heat power systems in Sweden, Europe, Asia, and the United States. Climeon AB was founded in 2011 and is headquartered in Kista, Sweden. Climeon AB is traded on Stockholm Stock Exchange in Sweden.
Climeon AB Stock Technical Analysis
Climeon 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
Climeon AB Period Price Range
Low | November 28, 2024
| High |
0.00 | 0.00 |
Climeon 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.
Climeon AB November 28, 2024 Market Strength
Market strength indicators help investors to evaluate how Climeon 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 Climeon AB shares will generate the highest return on investment. By undertsting and applying Climeon AB stock market strength indicators, traders can identify Climeon AB entry and exit signals to maximize returns
Climeon AB Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Climeon AB's price direction in advance. Along with the technical and fundamental analysis of Climeon Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Climeon 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 | (0.72) | |||
Total Risk Alpha | (1.49) | |||
Treynor Ratio | 0.9885 |
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Volume Indicators |
Complementary Tools for Climeon Stock analysis
When running Climeon AB's price analysis, check to measure Climeon 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 Climeon AB is operating at the current time. Most of Climeon AB's value examination focuses on studying past and present price action to predict the probability of Climeon 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 Climeon AB's price. Additionally, you may evaluate how the addition of Climeon AB to your portfolios can decrease your overall portfolio volatility.
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