Desenio Group (Sweden) Price on January 16, 2024

DSNO Stock  SEK 0.22  0.01  4.35%   
If you're considering investing in Desenio Stock, it is important to understand the factors that can impact its price. As of today, the current price of Desenio Group stands at 0.22, as last reported on the 23rd of December, with the highest price reaching 0.24 and the lowest price hitting 0.21 during the day. Desenio Group AB secures Sharpe Ratio (or Efficiency) of -0.0442, which denotes the company had a -0.0442% return per unit of risk over the last 3 months. Desenio Group AB exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm Desenio Group's Standard Deviation of 10.5, mean deviation of 6.84, and Variance of 110.3 to check the risk estimate we provide.
  
Desenio Stock price history is provided at the adjusted basis, taking into account all of the recent filings.

Sharpe Ratio = -0.0442

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Estimated Market Risk

 10.55
  actual daily
93
93% of assets are less volatile

Expected Return

 -0.47
  actual daily
0
Most of other assets have higher returns

Risk-Adjusted Return

 -0.04
  actual daily
0
Most of other assets perform better
Based on monthly moving average Desenio 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 Desenio Group by adding Desenio Group to a well-diversified portfolio.

Desenio Group Valuation on January 16, 2024

It is possible to determine the worth of Desenio Group on a given historical date. On January 16, 2024 Desenio was worth 0.43 at the beginning of the trading date compared to the closed value of 0.43. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Desenio Group stock. Still, in general, we apply an absolute valuation method to find Desenio 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 Desenio Group where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Desenio Group's related companies.
 Open High Low Close Volume
  0.48    0.48    0.41    0.43    633,821  
01/16/2024
  0.43    0.43    0.40    0.43    375,559  
  0.43    0.44    0.39    0.41    315,748  
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Open Value
0.43
0.43
Closing Value
32.09
Upside

Desenio Group Trading Date Momentum on January 16, 2024

On January 17 2024 Desenio Group AB was traded for  0.41  at the closing time. The highest price during the trading period was 0.44  and the lowest recorded bid was listed for  0.39 . The volume for the day was 315.7 K. This history from January 17, 2024 contributed to the next trading day price decline. The overall trading delta to the next closing price was 4.65% . The overall trading delta to the current price is 2.33% .

Desenio Group AB Fundamentals Correlations and Trends

By evaluating Desenio 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 Desenio Group's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Desenio financial account trend analysis is a perfect complement when working with valuation or volatility modules.

About Desenio Group Stock history

Desenio 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 Desenio is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Desenio 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 Desenio Group stock prices may prove useful in developing a viable investing in Desenio Group
Desenio Group AB , an online-based direct-to-consumer company, provides affordable wall art in Europe. The company was founded in 2010 and is based in Stockholm, Sweden. Desenio Group is traded on Stockholm Stock Exchange in Sweden.

Desenio Group Stock Technical Analysis

Desenio 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.
A focus of Desenio Group technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of Desenio Group trading pattern rather than external drivers such as economic, fundamental, or social events. It is believed that price action tends to repeat itself due to investors' collective, patterned behavior. Hence technical analysis focuses on identifiable price trends and conditions. More Info...

Price Boundaries

Desenio Group Period Price Range

Low
December 23, 2024
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High

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Desenio 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.

Desenio Group December 23, 2024 Market Strength

Market strength indicators help investors to evaluate how Desenio 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 Desenio Group shares will generate the highest return on investment. By undertsting and applying Desenio Group stock market strength indicators, traders can identify Desenio Group AB entry and exit signals to maximize returns

Desenio Group Technical and Predictive Indicators

Predictive indicators are helping investors to find signals for Desenio Group's price direction in advance. Along with the technical and fundamental analysis of Desenio Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Desenio 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.

Additional Tools for Desenio Stock Analysis

When running Desenio Group's price analysis, check to measure Desenio 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 Desenio Group is operating at the current time. Most of Desenio Group's value examination focuses on studying past and present price action to predict the probability of Desenio 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 Desenio Group's price. Additionally, you may evaluate how the addition of Desenio Group to your portfolios can decrease your overall portfolio volatility.