Doxa AB (Sweden) Price on October 22, 2024
DOXA Stock | SEK 0.77 0.28 26.67% |
If you're considering investing in Doxa Stock, it is important to understand the factors that can impact its price. As of today, the current price of Doxa AB stands at 0.77, as last reported on the 29th of November, with the highest price reaching 1.04 and the lowest price hitting 0.75 during the day. Doxa AB secures Sharpe Ratio (or Efficiency) of -0.11, which denotes the company had a -0.11% return per unit of risk over the last 3 months. Doxa AB exposes twenty-two different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm Doxa AB's Mean Deviation of 1.11, variance of 2.22, and Standard Deviation of 1.49 to check the risk estimate we provide.
Doxa Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
Doxa |
Sharpe Ratio = -0.1105
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Estimated Market Risk
3.62 actual daily | 32 68% of assets are more volatile |
Expected Return
-0.4 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
-0.11 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Doxa 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 Doxa AB by adding Doxa AB to a well-diversified portfolio.
Doxa AB Valuation on October 22, 2024
It is possible to determine the worth of Doxa AB on a given historical date. On October 22, 2024 Doxa was worth 1.07 at the beginning of the trading date compared to the closed value of 1.06. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Doxa AB stock. Still, in general, we apply an absolute valuation method to find Doxa 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 Doxa AB where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Doxa AB's related companies.
Open | High | Low | Close | Volume | |
1.09 | 1.10 | 1.06 | 1.07 | 1,072,843 | |
10/22/2024 | 1.07 | 1.07 | 1.04 | 1.06 | 6,736,690 |
1.04 | 1.06 | 1.04 | 1.06 | 586,885 |
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Doxa AB Trading Date Momentum on October 22, 2024
On October 23 2024 Doxa AB was traded for 1.06 at the closing time. The highest price during the trading period was 1.06 and the lowest recorded bid was listed for 1.04 . The volume for the day was 586.9 K. This history from October 23, 2024 did not affect price variability. The overall trading delta to the current price is 0.00% . |
Doxa AB Fundamentals Correlations and Trends
By evaluating Doxa 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 Doxa AB's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Doxa financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Doxa AB Stock history
Doxa 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 Doxa is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Doxa 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 Doxa AB stock prices may prove useful in developing a viable investing in Doxa AB
Doxa AB , a dental company, develops, manufactures, and commercializes bioceramic dental products in Sweden and internationally. The company was founded in 1987 and is based in Uppsala, Sweden. Doxa AB is traded on Stockholm Stock Exchange in Sweden.
Doxa AB Stock Technical Analysis
Doxa 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
Doxa AB Period Price Range
Low | November 29, 2024
| High |
0.00 | 0.00 |
Doxa 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.
Doxa AB November 29, 2024 Market Strength
Market strength indicators help investors to evaluate how Doxa 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 Doxa AB shares will generate the highest return on investment. By undertsting and applying Doxa AB stock market strength indicators, traders can identify Doxa AB entry and exit signals to maximize returns
Doxa AB Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Doxa AB's price direction in advance. Along with the technical and fundamental analysis of Doxa Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Doxa 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 | (0.03) | |||
Jensen Alpha | (0.07) | |||
Total Risk Alpha | (0.29) | |||
Treynor Ratio | 11.4 |
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Additional Tools for Doxa Stock Analysis
When running Doxa AB's price analysis, check to measure Doxa 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 Doxa AB is operating at the current time. Most of Doxa AB's value examination focuses on studying past and present price action to predict the probability of Doxa 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 Doxa AB's price. Additionally, you may evaluate how the addition of Doxa AB to your portfolios can decrease your overall portfolio volatility.