CTT Systems (Sweden) Price on July 25, 2024
| CTT Stock | SEK 248.00 7.00 2.75% |
If you're considering investing in CTT Stock, it is important to understand the factors that can impact its price. As of today, the current price of CTT Systems stands at 248.00, as last reported on the 27th of November, with the highest price reaching 257.00 and the lowest price hitting 248.00 during the day. CTT Systems AB secures Sharpe Ratio (or Efficiency) of -0.0901, which signifies that the company had a -0.0901% return per unit of volatility over the last 3 months. CTT Systems AB exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm CTT Systems' risk adjusted performance of (0.05), and Mean Deviation of 1.67 to double-check the risk estimate we provide.
CTT Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
CTT |
Sharpe Ratio = -0.0901
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Estimated Market Risk
| 2.2 actual daily | 19 81% of assets are more volatile |
Expected Return
| -0.2 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| -0.09 actual daily | 0 Most of other assets perform better |
Based on monthly moving average CTT Systems 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 CTT Systems by adding CTT Systems to a well-diversified portfolio.
CTT Systems Valuation on July 25, 2024
It is possible to determine the worth of CTT Systems on a given historical date. On July 25, 2024 CTT was worth 287.0 at the beginning of the trading date compared to the closed value of 281.0. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of CTT Systems stock. Still, in general, we apply an absolute valuation method to find CTT Systems' 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 CTT Systems where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against CTT Systems' related companies.
| Open | High | Low | Close | Volume | |
| 305.00 | 305.00 | 284.00 | 286.00 | 18,859 | |
07/25/2024 | 287.00 | 289.00 | 279.00 | 281.00 | 6,902 |
| 285.00 | 288.00 | 280.00 | 280.00 | 8,668 |
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CTT Systems Trading Date Momentum on July 25, 2024
| On July 26 2024 CTT Systems AB was traded for 280.00 at the closing time. The maximum traded price for the trading interval was 288.00 and the lowest daily price was 280.00 . The daily volume was recorded at 8.7 K. The volume of trading on 26th of July 2024 played a part in the next trading day price drop. The overall trading delta to the next closing price was 0.36% . The overall trading delta to the closing price today is 7.47% . |
CTT Systems AB Fundamentals Correlations and Trends
By evaluating CTT Systems' financials over time, investors can gain insight into future company performance. However, you can also analyze the published financial statements to find patterns among CTT Systems' main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. CTT financial account trend analysis is a perfect complement when working with valuation or volatility modules.About CTT Systems Stock history
CTT Systems 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 CTT is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in CTT Systems 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 CTT Systems stock prices may prove useful in developing a viable investing in CTT Systems
CTT Systems AB provides aerospace products for active humidity control worldwide. The company offers its products for non-condensation in the fuselage and humidification of cockpit, crew rest, and cabins areas. CTT Systems operates under Aerospace classification in Sweden and is traded on Stockholm Stock Exchange.
CTT Systems Stock Technical Analysis
CTT Systems 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
CTT Systems Period Price Range
Low | November 27, 2024
| High |
0.00 | 0.00 |
CTT Systems 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.
CTT Systems November 27, 2024 Market Strength
Market strength indicators help investors to evaluate how CTT Systems stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading CTT Systems shares will generate the highest return on investment. By undertsting and applying CTT Systems stock market strength indicators, traders can identify CTT Systems AB entry and exit signals to maximize returns
CTT Systems Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for CTT Systems' price direction in advance. Along with the technical and fundamental analysis of CTT Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of CTT 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 | (0.05) | |||
| Jensen Alpha | (0.27) | |||
| Total Risk Alpha | (0.50) | |||
| Treynor Ratio | (0.17) |
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Additional Tools for CTT Stock Analysis
When running CTT Systems' price analysis, check to measure CTT Systems' 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 CTT Systems is operating at the current time. Most of CTT Systems' value examination focuses on studying past and present price action to predict the probability of CTT Systems' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move CTT Systems' price. Additionally, you may evaluate how the addition of CTT Systems to your portfolios can decrease your overall portfolio volatility.