Corem Property (Sweden) Price on October 16, 2023
CORE-B Stock | SEK 7.06 0.07 1.00% |
If you're considering investing in Corem Stock, it is important to understand the factors that can impact its price. As of today, the current price of Corem Property stands at 7.06, as last reported on the 30th of November, with the highest price reaching 7.06 and the lowest price hitting 6.86 during the day. Corem Property Group 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. Corem Property Group exposes twenty-four different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm Corem Property's Mean Deviation of 1.9, risk adjusted performance of (0.13), and Standard Deviation of 2.61 to double-check the risk estimate we provide.
Corem Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
Corem |
Sharpe Ratio = -0.1708
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Estimated Market Risk
2.6 actual daily | 23 77% of assets are more volatile |
Expected Return
-0.44 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 Corem Property 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 Corem Property by adding Corem Property to a well-diversified portfolio.
Corem Property Valuation on October 16, 2023
It is possible to determine the worth of Corem Property on a given historical date. On October 16, 2023 Corem was worth 5.97 at the beginning of the trading date compared to the closed value of 5.84. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Corem Property stock. Still, in general, we apply an absolute valuation method to find Corem Property'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 Corem Property where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Corem Property's related companies.
Open | High | Low | Close | Volume | |
5.95 | 6.02 | 5.84 | 5.95 | 792,033 | |
10/16/2023 | 5.97 | 5.99 | 5.76 | 5.84 | 914,163 |
5.96 | 5.96 | 5.59 | 5.63 | 861,484 |
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Corem Property Trading Date Momentum on October 16, 2023
On October 17 2023 Corem Property Group was traded for 5.63 at the closing time. The highest price during the trading period was 5.96 and the lowest recorded bid was listed for 5.59 . The volume for the day was 861.5 K. This history from October 17, 2023 contributed to the next trading day price decline. The overall trading delta to the next closing price was 3.60% . The overall trading delta to the current price is 5.14% . |
Corem Property Group Fundamentals Correlations and Trends
By evaluating Corem Property'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 Corem Property's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Corem financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Corem Property Stock history
Corem Property 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 Corem is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Corem Property Group 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 Corem Property stock prices may prove useful in developing a viable investing in Corem Property
Corem Property Group AB , a real estate company, acquires, develops, owns, and manages warehouse, logistics, and trading properties in central and southern Sweden, and Denmark. Corem Property Group AB is headquartered in Stockholm, Sweden. Corem Property is traded on Stockholm Stock Exchange in Sweden.
Corem Property Stock Technical Analysis
Corem Property 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
Corem Property Period Price Range
Low | November 30, 2024
| High |
0.00 | 0.00 |
Corem Property Group 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.
Corem Property November 30, 2024 Market Strength
Market strength indicators help investors to evaluate how Corem Property stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Corem Property shares will generate the highest return on investment. By undertsting and applying Corem Property stock market strength indicators, traders can identify Corem Property Group entry and exit signals to maximize returns
Corem Property Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Corem Property's price direction in advance. Along with the technical and fundamental analysis of Corem Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Corem 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 | (0.13) | |||
Jensen Alpha | (0.57) | |||
Total Risk Alpha | (0.92) | |||
Treynor Ratio | (0.75) |
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Volume Indicators |
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When running Corem Property's price analysis, check to measure Corem Property'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 Corem Property is operating at the current time. Most of Corem Property's value examination focuses on studying past and present price action to predict the probability of Corem Property's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Corem Property's price. Additionally, you may evaluate how the addition of Corem Property to your portfolios can decrease your overall portfolio volatility.
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