DistIT AB (Sweden) Price on December 5, 2024
| DIST Stock | SEK 2.20 0.07 3.08% |
If you're considering investing in DistIT Stock, it is important to understand the factors that can impact its price. As of today, the current price of DistIT AB stands at 2.20, as last reported on the 13th of December 2024, with the highest price reaching 2.46 and the lowest price hitting 2.20 during the day. DistIT AB secures Sharpe Ratio (or Efficiency) of -0.1, which denotes the company had a -0.1% return per unit of risk over the last 3 months. DistIT AB exposes twenty-two different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm DistIT AB's Variance of 27.35, mean deviation of 3.69, and Standard Deviation of 5.23 to check the risk estimate we provide.
DistIT Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
DistIT |
Sharpe Ratio = -0.1013
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Estimated Market Risk
| 5.31 actual daily | 47 53% of assets are more volatile |
Expected Return
| -0.54 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| -0.1 actual daily | 0 Most of other assets perform better |
Based on monthly moving average DistIT 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 DistIT AB by adding DistIT AB to a well-diversified portfolio.
DistIT AB Valuation on December 5, 2024
It is possible to determine the worth of DistIT AB on a given historical date. On December 5, 2024 DistIT was worth 2.22 at the beginning of the trading date compared to the closed value of 2.3. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of DistIT AB stock. Still, in general, we apply an absolute valuation method to find DistIT 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 DistIT AB where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against DistIT AB's related companies.
| Open | High | Low | Close | Volume | |
| 2.25 | 2.35 | 2.22 | 2.24 | 9,959 | |
12/05/2024 | 2.22 | 2.30 | 2.15 | 2.30 | 27,343 |
| 2.30 | 2.38 | 2.20 | 2.28 | 18,547 |
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DistIT AB Trading Date Momentum on December 5, 2024
| On December 06 2024 DistIT AB was traded for 2.28 at the closing time. The highest price during the trading period was 2.38 and the lowest recorded bid was listed for 2.20 . The volume for the day was 18.5 K. This history from December 6, 2024 contributed to the next trading day price decline. The overall trading delta to the next closing price was 0.87% . The overall trading delta to the current price is 1.30% . |
DistIT AB Fundamentals Correlations and Trends
By evaluating DistIT 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 DistIT AB's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. DistIT financial account trend analysis is a perfect complement when working with valuation or volatility modules.About DistIT AB Stock history
DistIT 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 DistIT is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in DistIT 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 DistIT AB stock prices may prove useful in developing a viable investing in DistIT AB
DistIT AB sells accessories for IT, mobility, home electronics, network, and data communications in the Nordic and Baltic countries. DistIT AB was founded in 1991 and is based in lvsj, Sweden. DistIT AB operates under Computers Phones And Devices classification in Sweden and is traded on Stockholm Stock Exchange.
DistIT AB Stock Technical Analysis
DistIT 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
DistIT AB Period Price Range
Low | December 13, 2024
| High |
0.00 | 0.00 |
DistIT 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.
DistIT AB December 13, 2024 Market Strength
Market strength indicators help investors to evaluate how DistIT 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 DistIT AB shares will generate the highest return on investment. By undertsting and applying DistIT AB stock market strength indicators, traders can identify DistIT AB entry and exit signals to maximize returns
DistIT AB Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for DistIT AB's price direction in advance. Along with the technical and fundamental analysis of DistIT Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of DistIT 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 | (0.06) | |||
| Jensen Alpha | (0.43) | |||
| Total Risk Alpha | (1.25) | |||
| Treynor Ratio | 0.6238 |
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Additional Tools for DistIT Stock Analysis
When running DistIT AB's price analysis, check to measure DistIT 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 DistIT AB is operating at the current time. Most of DistIT AB's value examination focuses on studying past and present price action to predict the probability of DistIT 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 DistIT AB's price. Additionally, you may evaluate how the addition of DistIT AB to your portfolios can decrease your overall portfolio volatility.