Ellen AB (Sweden) Price on October 18, 2024

ELN Stock  SEK 1.06  0.01  0.93%   
If you're considering investing in Ellen Stock, it is important to understand the factors that can impact its price. As of today, the current price of Ellen AB stands at 1.06, as last reported on the 24th of November, with the highest price reaching 1.06 and the lowest price hitting 1.03 during the day. Ellen AB secures Sharpe Ratio (or Efficiency) of -0.007, which denotes the company had a -0.007% return per unit of risk over the last 3 months. Ellen AB exposes twenty-four different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm Ellen AB's Variance of 5.4, mean deviation of 1.67, and Standard Deviation of 2.32 to check the risk estimate we provide.
  
Ellen Stock price history is provided at the adjusted basis, taking into account all of the recent filings.

Sharpe Ratio = -0.007

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Estimated Market Risk

 2.3
  actual daily
20
80% of assets are more volatile

Expected Return

 -0.02
  actual daily
0
Most of other assets have higher returns

Risk-Adjusted Return

 -0.01
  actual daily
0
Most of other assets perform better
Based on monthly moving average Ellen 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 Ellen AB by adding Ellen AB to a well-diversified portfolio.

Ellen AB Valuation on October 18, 2024

It is possible to determine the worth of Ellen AB on a given historical date. On October 18, 2024 Ellen was worth 1.08 at the beginning of the trading date compared to the closed value of 1.12. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Ellen AB stock. Still, in general, we apply an absolute valuation method to find Ellen 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 Ellen AB where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Ellen AB's related companies.
 Open High Low Close Volume
  1.08    1.08    1.08    1.08    1.00  
10/18/2024
  1.08    1.25    1.06    1.12    17,466  
  1.12    1.12    1.12    1.12    3.00  
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Open Value
1.08
1.12
Closing Value
7.98
Upside

Ellen AB Trading Date Momentum on October 18, 2024

On October 21 2024 Ellen AB was traded for  1.12  at the closing time. The maximum traded price for the trading interval was 1.12  and the lowest daily price was  1.12 . There was no trading activity during the period 3.0. Lack of trading volume on 21st of October 2024 did not affect price variability. The overall trading delta to the closing price today is 1.79% .

Ellen AB Fundamentals Correlations and Trends

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

About Ellen AB Stock history

Ellen 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 Ellen is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Ellen 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 Ellen AB stock prices may prove useful in developing a viable investing in Ellen AB
Ellen AB , a biotech company, develops and sells probiotic products for womens intimate health. Ellen AB was founded in 2000 and is headquartered in Danderyd, Sweden. Ellen AB operates under Pharmaceuticals And Biosciences classification in Sweden and is traded on Stockholm Stock Exchange.

Ellen AB Stock Technical Analysis

Ellen 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.
A focus of Ellen AB technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of Ellen AB 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

Ellen AB Period Price Range

Low
November 24, 2024
0.00  NaN%
High

 0.00 

     

 0.00 

Ellen 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.

Ellen AB November 24, 2024 Market Strength

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

Ellen AB Technical and Predictive Indicators

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

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