Ctek AB (Sweden) Price on May 11, 2023
| CTEK Stock | 16.28 0.08 0.49% |
If you're considering investing in Ctek Stock, it is important to understand the factors that can impact its price. As of today, the current price of Ctek AB stands at 16.28, as last reported on the 23rd of November, with the highest price reaching 16.78 and the lowest price hitting 16.18 during the day. Ctek AB secures Sharpe Ratio (or Efficiency) of -0.12, which signifies that the company had a -0.12% return per unit of standard deviation over the last 3 months. Ctek AB exposes twenty-four different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm Ctek AB's mean deviation of 1.75, and Risk Adjusted Performance of (0.09) to double-check the risk estimate we provide.
Ctek Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
Ctek |
Sharpe Ratio = -0.1197
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Estimated Market Risk
| 2.36 actual daily | 21 79% of assets are more volatile |
Expected Return
| -0.28 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| -0.12 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Ctek 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 Ctek AB by adding Ctek AB to a well-diversified portfolio.
Ctek AB Valuation on May 11, 2023
It is possible to determine the worth of Ctek AB on a given historical date. On May 11, 2023 Ctek was worth 17.06 at the beginning of the trading date compared to the closed value of 17.27. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Ctek AB stock. Still, in general, we apply an absolute valuation method to find Ctek 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 Ctek AB where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Ctek AB's related companies.
| Open | High | Low | Close | Volume | |
| 19.48 | 19.48 | 16.22 | 17.44 | 1,560,120 | |
05/11/2023 | 17.06 | 17.81 | 16.80 | 17.27 | 510,155 |
| 17.68 | 17.68 | 17.10 | 17.16 | 203,885 |
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Ctek AB Trading Date Momentum on May 11, 2023
| On May 12 2023 Ctek AB was traded for 17.16 at the closing time. The highest price during the trading period was 17.68 and the lowest recorded bid was listed for 17.10 . The volume for the day was 203.9 K. This history from May 12, 2023 contributed to the next trading day price decline. The overall trading delta to the next closing price was 0.64% . The overall trading delta to the current price is 11.12% . |
Price Boundaries
Ctek AB Period Price Range
Low | November 23, 2024
| High |
0.00 | 0.00 |
Ctek 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.
Ctek AB November 23, 2024 Market Strength
Market strength indicators help investors to evaluate how Ctek 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 Ctek AB shares will generate the highest return on investment. By undertsting and applying Ctek AB stock market strength indicators, traders can identify Ctek AB entry and exit signals to maximize returns
Ctek AB Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Ctek AB's price direction in advance. Along with the technical and fundamental analysis of Ctek Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Ctek 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 | (0.09) | |||
| Jensen Alpha | (0.36) | |||
| Total Risk Alpha | (0.66) | |||
| Treynor Ratio | (0.54) |
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Additional Tools for Ctek Stock Analysis
When running Ctek AB's price analysis, check to measure Ctek 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 Ctek AB is operating at the current time. Most of Ctek AB's value examination focuses on studying past and present price action to predict the probability of Ctek 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 Ctek AB's price. Additionally, you may evaluate how the addition of Ctek AB to your portfolios can decrease your overall portfolio volatility.