Diadrom Holding (Sweden) Price on September 27, 2024
| DIAH Stock | SEK 6.90 0.20 2.99% |
If you're considering investing in Diadrom Stock, it is important to understand the factors that can impact its price. As of today, the current price of Diadrom Holding stands at 6.90, as last reported on the 28th of November, with the highest price reaching 6.92 and the lowest price hitting 6.90 during the day. Diadrom Holding AB secures Sharpe Ratio (or Efficiency) of -0.14, which denotes the company had a -0.14% return per unit of standard deviation over the last 3 months. Diadrom Holding AB exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm Diadrom Holding's Coefficient Of Variation of (525.54), mean deviation of 2.14, and Standard Deviation of 3.02 to check the risk estimate we provide.
Diadrom Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
Diadrom |
Sharpe Ratio = -0.1443
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Estimated Market Risk
| 2.97 actual daily | 26 74% of assets are more volatile |
Expected Return
| -0.43 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| -0.14 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Diadrom Holding 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 Diadrom Holding by adding Diadrom Holding to a well-diversified portfolio.
Diadrom Holding Valuation on September 27, 2024
It is possible to determine the worth of Diadrom Holding on a given historical date. On September 27, 2024 Diadrom was worth 9.2 at the beginning of the trading date compared to the closed value of 9.2. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Diadrom Holding stock. Still, in general, we apply an absolute valuation method to find Diadrom Holding'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 Diadrom Holding where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Diadrom Holding's related companies.
| Open | High | Low | Close | Volume | |
| 9.00 | 9.30 | 9.00 | 9.20 | 17,243 | |
09/27/2024 | 9.20 | 9.20 | 9.20 | 9.20 | 40.00 |
| 9.00 | 9.28 | 8.86 | 9.10 | 3,585 |
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Diadrom Holding Trading Date Momentum on September 27, 2024
| On September 30 2024 Diadrom Holding AB was traded for 9.10 at the closing time. The highest price during the trading period was 9.28 and the lowest recorded bid was listed for 8.86 . The volume for the day was 3.6 K. This history from September 30, 2024 contributed to the next trading day price decline. The overall trading delta to the next closing price was 1.09% . The overall trading delta to the current price is 2.61% . |
Diadrom Holding AB Fundamentals Correlations and Trends
By evaluating Diadrom Holding'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 Diadrom Holding's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Diadrom financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Diadrom Holding Stock history
Diadrom Holding 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 Diadrom is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Diadrom Holding 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 Diadrom Holding stock prices may prove useful in developing a viable investing in Diadrom Holding
Diadrom Holding AB , a consultancy company, focuses on diagnostics of products with embedded software. The company was founded in 1999 and is headquartered in Gothenburg, Sweden. Diadrom Holding operates under High Precision And Instrumentation Products classification in Sweden and is traded on Stockholm Stock Exchange.
Diadrom Holding Stock Technical Analysis
Diadrom Holding 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
Diadrom Holding Period Price Range
Low | November 28, 2024
| High |
0.00 | 0.00 |
Diadrom Holding 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.
Diadrom Holding November 28, 2024 Market Strength
Market strength indicators help investors to evaluate how Diadrom Holding stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Diadrom Holding shares will generate the highest return on investment. By undertsting and applying Diadrom Holding stock market strength indicators, traders can identify Diadrom Holding AB entry and exit signals to maximize returns
Diadrom Holding Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Diadrom Holding's price direction in advance. Along with the technical and fundamental analysis of Diadrom Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Diadrom 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 | (0.14) | |||
| Jensen Alpha | (0.65) | |||
| Total Risk Alpha | (1.06) | |||
| Treynor Ratio | (1.06) |
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Additional Tools for Diadrom Stock Analysis
When running Diadrom Holding's price analysis, check to measure Diadrom Holding'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 Diadrom Holding is operating at the current time. Most of Diadrom Holding's value examination focuses on studying past and present price action to predict the probability of Diadrom Holding's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Diadrom Holding's price. Additionally, you may evaluate how the addition of Diadrom Holding to your portfolios can decrease your overall portfolio volatility.