AB Electrolux (Sweden) Price on November 26, 2024
| ELUX-B Stock | SEK 80.94 2.22 2.67% |
If you're considering investing in ELUX-B Stock, it is important to understand the factors that can impact its price. As of today, the current price of AB Electrolux stands at 80.94, as last reported on the 27th of November, with the highest price reaching 82.80 and the lowest price hitting 80.84 during the day. AB Electrolux retains Efficiency (Sharpe Ratio) of -0.0888, which signifies that the company had a -0.0888% return per unit of price deviation over the last 3 months. AB Electrolux exposes twenty-four different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm AB Electrolux's Information Ratio of (0.14), variance of 7.32, and Market Risk Adjusted Performance of (0.32) to double-check the risk estimate we provide.
ELUX-B Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
ELUX-B |
Sharpe Ratio = -0.0888
| Best Portfolio | Best Equity | |||
| Good Returns | ||||
| Average Returns | ||||
| Small Returns | ||||
| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
| Negative Returns | ELUX-B |
Estimated Market Risk
| 2.73 actual daily | 24 76% of assets are more volatile |
Expected Return
| -0.24 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| -0.09 actual daily | 0 Most of other assets perform better |
Based on monthly moving average AB Electrolux 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 AB Electrolux by adding AB Electrolux to a well-diversified portfolio.
AB Electrolux Valuation on November 26, 2024
It is possible to determine the worth of AB Electrolux on a given historical date. On November 26, 2024 ELUX-B was worth 82.0 at the beginning of the trading date compared to the closed value of 80.94. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of AB Electrolux stock. Still, in general, we apply an absolute valuation method to find AB Electrolux'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 AB Electrolux where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against AB Electrolux's related companies.
| Open | High | Low | Close | Volume | |
| 82.06 | 83.34 | 78.50 | 83.16 | 2,923,449 | |
11/26/2024 | 82.00 | 82.80 | 80.84 | 80.94 | 1,681,414 |
| 82.00 | 82.80 | 80.84 | 80.94 | 0.00 |
| Backtest AB Electrolux | | | AB Electrolux History | | | AB Electrolux Valuation | Previous | Next |
AB Electrolux Trading Date Momentum on November 26, 2024
| On November 27 2024 AB Electrolux was traded for 80.94 at the closing time. The highest price during the trading period was 82.80 and the lowest recorded bid was listed for 80.84 . There was no trading activity during the period 0.0. Lack of trading volume on November 27, 2024 did not affect price variability. The overall trading delta to the current price is 1.31% . |
AB Electrolux Fundamentals Correlations and Trends
By evaluating AB Electrolux'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 AB Electrolux's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. ELUX-B financial account trend analysis is a perfect complement when working with valuation or volatility modules.About AB Electrolux Stock history
AB Electrolux 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 ELUX-B is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in AB Electrolux 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 AB Electrolux stock prices may prove useful in developing a viable investing in AB Electrolux
AB Electrolux , together with its subsidiaries, manufactures and sells household appliances and appliances for professional use. AB Electrolux was founded in 1901 and is headquartered in Stockholm, Sweden. Electrolux operates under Consumer Electronics classification in Sweden and is traded on Stockholm Stock Exchange. It employs 54000 people.
AB Electrolux Stock Technical Analysis
AB Electrolux 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
AB Electrolux Period Price Range
Low | November 27, 2024
| High |
0.00 | 0.00 |
AB Electrolux 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.
AB Electrolux November 27, 2024 Market Strength
Market strength indicators help investors to evaluate how AB Electrolux stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading AB Electrolux shares will generate the highest return on investment. By undertsting and applying AB Electrolux stock market strength indicators, traders can identify AB Electrolux entry and exit signals to maximize returns
AB Electrolux Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for AB Electrolux's price direction in advance. Along with the technical and fundamental analysis of ELUX-B Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of ELUX-B 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 | (0.06) | |||
| Jensen Alpha | (0.34) | |||
| Total Risk Alpha | (0.68) | |||
| Treynor Ratio | (0.33) |
| Cycle Indicators | ||
| Math Operators | ||
| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
Complementary Tools for ELUX-B Stock analysis
When running AB Electrolux's price analysis, check to measure AB Electrolux'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 AB Electrolux is operating at the current time. Most of AB Electrolux's value examination focuses on studying past and present price action to predict the probability of AB Electrolux's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move AB Electrolux's price. Additionally, you may evaluate how the addition of AB Electrolux to your portfolios can decrease your overall portfolio volatility.
| Pair Correlation Compare performance and examine fundamental relationship between any two equity instruments | |
| Alpha Finder Use alpha and beta coefficients to find investment opportunities after accounting for the risk | |
| Portfolio Backtesting Avoid under-diversification and over-optimization by backtesting your portfolios | |
| Bond Analysis Evaluate and analyze corporate bonds as a potential investment for your portfolios. | |
| Transaction History View history of all your transactions and understand their impact on performance | |
| Crypto Correlations Use cryptocurrency correlation module to diversify your cryptocurrency portfolio across multiple coins | |
| USA ETFs Find actively traded Exchange Traded Funds (ETF) in USA | |
| Price Ceiling Movement Calculate and plot Price Ceiling Movement for different equity instruments | |
| Top Crypto Exchanges Search and analyze digital assets across top global cryptocurrency exchanges |