Essity Ab Stock Price on March 21, 2024
ETTYF Stock | USD 26.33 1.17 4.25% |
If you're considering investing in Essity Pink Sheet, it is important to understand the factors that can impact its price. As of today, the current price of Essity AB stands at 26.33, as last reported on the 3rd of December, with the highest price reaching 26.33 and the lowest price hitting 26.33 during the day. Essity AB secures Sharpe Ratio (or Efficiency) of -0.0864, which denotes the company had a -0.0864% return per unit of risk over the last 3 months. Essity AB exposes twenty-one different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm Essity AB's Variance of 5.5, standard deviation of 2.35, and Mean Deviation of 0.7903 to check the risk estimate we provide.
Essity Pink Sheet price history is provided at the adjusted basis, taking into account all of the recent filings.
Essity |
Sharpe Ratio = -0.0864
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Estimated Market Risk
2.3 actual daily | 20 80% of assets are more volatile |
Expected Return
-0.2 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 Essity 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 Essity AB by adding Essity AB to a well-diversified portfolio.
Essity AB Valuation on March 21, 2024
It is possible to determine the worth of Essity AB on a given historical date. On March 21, 2024 Essity was worth 17.25 at the beginning of the trading date compared to the closed value of 17.25. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Essity AB pink sheet. Still, in general, we apply an absolute valuation method to find Essity 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 Essity AB where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Essity AB's related companies.
Open | High | Low | Close | Volume | |
17.22 | 17.22 | 17.22 | 17.22 | 575.00 | |
03/21/2024 | 17.25 | 17.25 | 17.25 | 17.25 | 305.00 |
22.95 | 22.95 | 22.00 | 22.00 | 1,440 |
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Essity AB Trading Date Momentum on March 21, 2024
On March 22 2024 Essity AB was traded for 22.00 at the closing time. The highest daily price throughout the period was 22.95 and the lowest price was 22.00 . The daily volume was 1.4 K. The net trading volume on 03/22/2024 added to the next day price rise. The overall trading delta to closing price of the next trading day was 27.54% . The overall trading delta to current closing price is 28.99% . |
Essity AB Fundamentals Correlations and Trends
By evaluating Essity 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 Essity AB's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Essity financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Essity AB Pink Sheet history
Essity 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 Essity is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Essity 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 Essity AB stock prices may prove useful in developing a viable investing in Essity AB
Essity AB develops, produces, and sells hygiene and health products and services worldwide. Essity AB was founded in 1849 and is headquartered in Stockholm, Sweden. Essity Aktiebolag operates under Household Personal Products classification in the United States and is traded on OTC Exchange. It employs 46000 people.
Essity AB Pink Sheet Technical Analysis
Essity AB technical pink sheet 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, pink sheet market cycles, or different charting patterns.
Price Boundaries
Essity AB Period Price Range
Low | December 3, 2024
| High |
0.00 | 0.00 |
Essity AB cannot be verified against its exchange. Please verify the symbol is currently traded on PINK 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.
Essity AB December 3, 2024 Market Strength
Market strength indicators help investors to evaluate how Essity AB pink sheet reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Essity AB shares will generate the highest return on investment. By undertsting and applying Essity AB pink sheet market strength indicators, traders can identify Essity AB entry and exit signals to maximize returns
Essity AB Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Essity AB's price direction in advance. Along with the technical and fundamental analysis of Essity Pink Sheet historical price patterns, it is also worthwhile for investors to track various predictive indicators of Essity 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 | (0.17) | |||
Total Risk Alpha | (0.48) | |||
Treynor Ratio | (0.40) |
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Complementary Tools for Essity Pink Sheet analysis
When running Essity AB's price analysis, check to measure Essity 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 Essity AB is operating at the current time. Most of Essity AB's value examination focuses on studying past and present price action to predict the probability of Essity 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 Essity AB's price. Additionally, you may evaluate how the addition of Essity AB to your portfolios can decrease your overall portfolio volatility.
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