DevPort AB (Sweden) Price on February 8, 2024
DEVP-B Stock | SEK 27.90 0.30 1.06% |
If you're considering investing in DevPort Stock, it is important to understand the factors that can impact its price. As of today, the current price of DevPort AB stands at 27.90, as last reported on the 25th of November, with the highest price reaching 28.40 and the lowest price hitting 26.20 during the day. DevPort AB secures Sharpe Ratio (or Efficiency) of -0.21, which denotes the company had a -0.21% return per unit of risk over the last 3 months. DevPort AB exposes twenty-four different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm DevPort AB's Standard Deviation of 1.32, mean deviation of 1.08, and Variance of 1.74 to check the risk estimate we provide.
DevPort Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
DevPort |
Sharpe Ratio = -0.2123
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Estimated Market Risk
1.33 actual daily | 11 89% of assets are more volatile |
Expected Return
-0.28 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
-0.21 actual daily | 0 Most of other assets perform better |
Based on monthly moving average DevPort 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 DevPort AB by adding DevPort AB to a well-diversified portfolio.
DevPort AB Valuation on February 8, 2024
It is possible to determine the worth of DevPort AB on a given historical date. On February 8, 2024 DevPort was worth 35.16 at the beginning of the trading date compared to the closed value of 35.56. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of DevPort AB stock. Still, in general, we apply an absolute valuation method to find DevPort 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 DevPort AB where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against DevPort AB's related companies.
Open | High | Low | Close | Volume | |
35.26 | 35.26 | 34.96 | 35.26 | 5,385 | |
02/08/2024 | 35.16 | 35.65 | 34.76 | 35.56 | 708.00 |
34.36 | 36.45 | 34.36 | 35.06 | 7,311 |
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DevPort AB Trading Date Momentum on February 8, 2024
On February 09 2024 DevPort AB was traded for 35.06 at the closing time. The highest price during the trading period was 36.45 and the lowest recorded bid was listed for 34.36 . The volume for the day was 7.3 K. This history from February 9, 2024 contributed to the next trading day price decline. The overall trading delta to the next closing price was 1.41% . The overall trading delta to the current price is 3.37% . |
DevPort AB Fundamentals Correlations and Trends
By evaluating DevPort 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 DevPort AB's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. DevPort financial account trend analysis is a perfect complement when working with valuation or volatility modules.About DevPort AB Stock history
DevPort 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 DevPort is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in DevPort 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 DevPort AB stock prices may prove useful in developing a viable investing in DevPort AB
DevPort AB develops embedded systems in the areas of active safetyautonomous vehicle, hybridization, and infotainment focusing on the automotive industry. In addition, the company operates in the production development sector, which delivers services in the areas of production, logistics, quality, and aftermarkets. DevPort AB is traded on Stockholm Stock Exchange in Sweden.
DevPort AB Stock Technical Analysis
DevPort 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
DevPort AB Period Price Range
Low | November 25, 2024
| High |
0.00 | 0.00 |
DevPort 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.
DevPort AB November 25, 2024 Market Strength
Market strength indicators help investors to evaluate how DevPort 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 DevPort AB shares will generate the highest return on investment. By undertsting and applying DevPort AB stock market strength indicators, traders can identify DevPort AB entry and exit signals to maximize returns
DevPort AB Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for DevPort AB's price direction in advance. Along with the technical and fundamental analysis of DevPort Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of DevPort 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 | (0.15) | |||
Jensen Alpha | (0.32) | |||
Total Risk Alpha | (0.49) | |||
Treynor Ratio | (0.97) |
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When running DevPort AB's price analysis, check to measure DevPort 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 DevPort AB is operating at the current time. Most of DevPort AB's value examination focuses on studying past and present price action to predict the probability of DevPort 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 DevPort AB's price. Additionally, you may evaluate how the addition of DevPort AB to your portfolios can decrease your overall portfolio volatility.
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