Dlaboratory Sweden (Sweden) Price on December 3, 2024
| DLAB Stock | SEK 2.29 0.12 4.98% |
If you're considering investing in Dlaboratory Stock, it is important to understand the factors that can impact its price. As of today, the current price of Dlaboratory Sweden stands at 2.29, as last reported on the 11th of December 2024, with the highest price reaching 2.32 and the lowest price hitting 2.29 during the day. Currently, Dlaboratory Sweden AB is very risky. Dlaboratory Sweden secures Sharpe Ratio (or Efficiency) of 0.035, which denotes the company had a 0.035% return per unit of standard deviation over the last 3 months. We have found twenty-nine technical indicators for Dlaboratory Sweden AB, which you can use to evaluate the volatility of the firm. Please confirm Dlaboratory Sweden's Mean Deviation of 3.0, downside deviation of 4.09, and Semi Deviation of 3.56 to check if the risk estimate we provide is consistent with the expected return of 0.14%.
Dlaboratory Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
Dlaboratory |
Sharpe Ratio = 0.035
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| Cash | Small Risk | Average Risk | DLAB | Huge Risk |
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Estimated Market Risk
| 4.12 actual daily | 36 64% of assets are more volatile |
Expected Return
| 0.14 actual daily | 2 98% of assets have higher returns |
Risk-Adjusted Return
| 0.04 actual daily | 2 98% of assets perform better |
Based on monthly moving average Dlaboratory Sweden 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 Dlaboratory Sweden by adding it to a well-diversified portfolio.
Dlaboratory Sweden Valuation on December 3, 2024
It is possible to determine the worth of Dlaboratory Sweden on a given historical date. On December 3, 2024 Dlaboratory was worth 2.49 at the beginning of the trading date compared to the closed value of 2.49. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Dlaboratory Sweden stock. Still, in general, we apply an absolute valuation method to find Dlaboratory Sweden'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 Dlaboratory Sweden where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Dlaboratory Sweden's related companies.
| Open | High | Low | Close | Volume | |
| 2.31 | 2.49 | 2.31 | 2.36 | 2,916 | |
12/03/2024 | 2.49 | 2.49 | 2.26 | 2.49 | 6,195 |
| 2.50 | 2.70 | 2.49 | 2.51 | 26,611 |
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Dlaboratory Sweden Trading Date Momentum on December 3, 2024
| On December 04 2024 Dlaboratory Sweden AB was traded for 2.51 at the closing time. The highest price during the trading period was 2.70 and the lowest recorded bid was listed for 2.49 . The volume for the day was 26.6 K. This history from December 4, 2024 contributed to the next trading day price appreciation. The overall trading delta to the next closing price was 0.80% . The overall trading delta to the current price is 6.83% . |
Dlaboratory Sweden Fundamentals Correlations and Trends
By evaluating Dlaboratory Sweden'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 Dlaboratory Sweden's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Dlaboratory financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Dlaboratory Sweden Stock history
Dlaboratory Sweden 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 Dlaboratory is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Dlaboratory Sweden 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 Dlaboratory Sweden stock prices may prove useful in developing a viable investing in Dlaboratory Sweden
Dlaboratory Sweden Stock Technical Analysis
Dlaboratory Sweden 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
Dlaboratory Sweden Period Price Range
Low | December 11, 2024
| High |
0.00 | 0.00 |
Dlaboratory Sweden 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.
Dlaboratory Sweden December 11, 2024 Market Strength
Market strength indicators help investors to evaluate how Dlaboratory Sweden stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Dlaboratory Sweden shares will generate the highest return on investment. By undertsting and applying Dlaboratory Sweden stock market strength indicators, traders can identify Dlaboratory Sweden AB entry and exit signals to maximize returns
Dlaboratory Sweden Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Dlaboratory Sweden's price direction in advance. Along with the technical and fundamental analysis of Dlaboratory Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Dlaboratory 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 | 0.0262 | |||
| Jensen Alpha | (0.01) | |||
| Total Risk Alpha | (0.56) | |||
| Sortino Ratio | (0.01) | |||
| Treynor Ratio | 0.103 |
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Additional Tools for Dlaboratory Stock Analysis
When running Dlaboratory Sweden's price analysis, check to measure Dlaboratory Sweden'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 Dlaboratory Sweden is operating at the current time. Most of Dlaboratory Sweden's value examination focuses on studying past and present price action to predict the probability of Dlaboratory Sweden's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Dlaboratory Sweden's price. Additionally, you may evaluate how the addition of Dlaboratory Sweden to your portfolios can decrease your overall portfolio volatility.