Dometic Group (Sweden) Price on September 16, 2024
| DOM Stock | SEK 55.25 0.05 0.09% |
If you're considering investing in Dometic Stock, it is important to understand the factors that can impact its price. As of today, the current price of Dometic Group stands at 55.25, as last reported on the 30th of November, with the highest price reaching 55.25 and the lowest price hitting 54.35 during the day. Dometic Group AB secures Sharpe Ratio (or Efficiency) of -0.12, which denotes the company had a -0.12% return per unit of risk over the last 3 months. Dometic Group AB exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm Dometic Group's Mean Deviation of 1.65, standard deviation of 2.42, and Variance of 5.84 to check the risk estimate we provide.
Dometic Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
Dometic |
Sharpe Ratio = -0.1209
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Estimated Market Risk
| 2.42 actual daily | 21 79% of assets are more volatile |
Expected Return
| -0.29 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| -0.12 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Dometic Group 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 Dometic Group by adding Dometic Group to a well-diversified portfolio.
Dometic Group Valuation on September 16, 2024
It is possible to determine the worth of Dometic Group on a given historical date. On September 16, 2024 Dometic was worth 64.0 at the beginning of the trading date compared to the closed value of 63.45. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Dometic Group stock. Still, in general, we apply an absolute valuation method to find Dometic Group'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 Dometic Group where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Dometic Group's related companies.
| Open | High | Low | Close | Volume | |
| 62.70 | 64.25 | 62.70 | 63.95 | 347,368 | |
09/16/2024 | 64.00 | 64.00 | 63.05 | 63.45 | 268,364 |
| 55.55 | 57.80 | 54.60 | 56.20 | 3,611,715 |
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Dometic Group Trading Date Momentum on September 16, 2024
| On September 17 2024 Dometic Group AB was traded for 56.20 at the closing time. The maximum traded price for the trading interval was 57.80 and the lowest daily price was 54.60 . The daily volume was recorded at 3.6 M. The volume of trading on 17th of September 2024 played a part in the next trading day price drop. The overall trading delta to the next closing price was 11.43% . The overall trading delta to the closing price today is 8.43% . |
Dometic Group AB Fundamentals Correlations and Trends
By evaluating Dometic Group'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 Dometic Group's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Dometic financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Dometic Group Stock history
Dometic Group 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 Dometic is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Dometic Group 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 Dometic Group stock prices may prove useful in developing a viable investing in Dometic Group
Dometic Group AB , together with its subsidiaries, provides solutions for mobile living in the areas of food and beverage, climate, power and control, safety and security, and hygiene and sanitation in the Americas, Europe, the Middle East, Africa, and the Asia Pacific. The company was founded in 1922 and is headquartered in Solna, Sweden. Dometic Group operates under Industrial Equipment And Light Machinery classification in Sweden and is traded on Stockholm Stock Exchange. It employs 8000 people.
Dometic Group Stock Technical Analysis
Dometic Group 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
Dometic Group Period Price Range
Low | November 30, 2024
| High |
0.00 | 0.00 |
Dometic Group 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.
Dometic Group November 30, 2024 Market Strength
Market strength indicators help investors to evaluate how Dometic Group stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Dometic Group shares will generate the highest return on investment. By undertsting and applying Dometic Group stock market strength indicators, traders can identify Dometic Group AB entry and exit signals to maximize returns
Dometic Group Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Dometic Group's price direction in advance. Along with the technical and fundamental analysis of Dometic Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Dometic 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 | (0.1) | |||
| Jensen Alpha | (0.43) | |||
| Total Risk Alpha | (0.74) | |||
| Treynor Ratio | (0.47) |
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Additional Tools for Dometic Stock Analysis
When running Dometic Group's price analysis, check to measure Dometic Group'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 Dometic Group is operating at the current time. Most of Dometic Group's value examination focuses on studying past and present price action to predict the probability of Dometic Group's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Dometic Group's price. Additionally, you may evaluate how the addition of Dometic Group to your portfolios can decrease your overall portfolio volatility.