Cyxone AB (Sweden) Price on November 22, 2024
CYXO Stock | SEK 0.03 0.01 21.57% |
If you're considering investing in Cyxone Stock, it is important to understand the factors that can impact its price. As of today, the current price of Cyxone AB stands at 0.03, as last reported on the 28th of November, with the highest price reaching 0.04 and the lowest price hitting 0.03 during the day. Cyxone AB appears to be out of control, given 3 months investment horizon. Cyxone AB secures Sharpe Ratio (or Efficiency) of 0.0259, which signifies that the company had a 0.0259% return per unit of risk over the last 3 months. We have found twenty-nine technical indicators for Cyxone AB, which you can use to evaluate the volatility of the firm. Please makes use of Cyxone AB's Mean Deviation of 6.08, risk adjusted performance of 0.0193, and Downside Deviation of 11.1 to double-check if our risk estimates are consistent with your expectations.
Cyxone Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
Cyxone |
Sharpe Ratio = 0.0259
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Estimated Market Risk
13.63 actual daily | 96 96% of assets are less volatile |
Expected Return
0.35 actual daily | 6 94% of assets have higher returns |
Risk-Adjusted Return
0.03 actual daily | 2 98% of assets perform better |
Based on monthly moving average Cyxone AB is performing at about 2% of its full potential. 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 Cyxone AB by adding it to a well-diversified portfolio.
Cyxone AB Valuation on November 22, 2024
It is possible to determine the worth of Cyxone AB on a given historical date. On November 22, 2024 Cyxone was worth 0.031 at the beginning of the trading date compared to the closed value of 0.028. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Cyxone AB stock. Still, in general, we apply an absolute valuation method to find Cyxone 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 Cyxone AB where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Cyxone AB's related companies.
Open | High | Low | Close | Volume | |
0.04 | 0.05 | 0.03 | 0.03 | 6,193,109 | |
11/22/2024 | 0.03 | 0.04 | 0.03 | 0.03 | 6,744,884 |
0.04 | 0.04 | 0.02 | 0.03 | 1,854,273 |
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Cyxone AB Trading Date Momentum on November 22, 2024
On November 25 2024 Cyxone AB was traded for 0.03 at the closing time. The highest price during the trading period was 0.04 and the lowest recorded bid was listed for 0.02 . The volume for the day was 1.9 M. This history from November 25, 2024 contributed to the next trading day price appreciation. The overall trading delta to the next closing price was 14.29% . The overall trading delta to the current price is 25.00% . |
Cyxone AB Fundamentals Correlations and Trends
By evaluating Cyxone 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 Cyxone AB's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Cyxone financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Cyxone AB Stock history
Cyxone 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 Cyxone is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Cyxone 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 Cyxone AB stock prices may prove useful in developing a viable investing in Cyxone AB
Cyxone AB , a clinical biotech company, develops disease modifying therapies for rheumatoid arthritis and multiple sclerosis and treatments for virally induced acute respiratory disorders. The company was founded in 2015 and is headquartered in Malm, Sweden. Cyxone AB is traded on Stockholm Stock Exchange in Sweden.
Cyxone AB Stock Technical Analysis
Cyxone 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
Cyxone AB Period Price Range
Low | November 28, 2024
| High |
0.00 | 0.00 |
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Cyxone AB November 28, 2024 Market Strength
Market strength indicators help investors to evaluate how Cyxone 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 Cyxone AB shares will generate the highest return on investment. By undertsting and applying Cyxone AB stock market strength indicators, traders can identify Cyxone AB entry and exit signals to maximize returns
Cyxone AB Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Cyxone AB's price direction in advance. Along with the technical and fundamental analysis of Cyxone Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Cyxone 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 | 0.0193 | |||
Jensen Alpha | 0.3957 | |||
Total Risk Alpha | (1.92) | |||
Sortino Ratio | 0.0037 | |||
Treynor Ratio | (0.08) |
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Additional Tools for Cyxone Stock Analysis
When running Cyxone AB's price analysis, check to measure Cyxone 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 Cyxone AB is operating at the current time. Most of Cyxone AB's value examination focuses on studying past and present price action to predict the probability of Cyxone 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 Cyxone AB's price. Additionally, you may evaluate how the addition of Cyxone AB to your portfolios can decrease your overall portfolio volatility.