Essity Ab Stock Price on May 5, 2023

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 4th 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 Standard Deviation of 2.26, variance of 5.11, and Mean Deviation of 0.7814 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.

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 May 5, 2023

It is possible to determine the worth of Essity AB on a given historical date. On May 5, 2023 Essity was worth 20.98 at the beginning of the trading date compared to the closed value of 20.98. 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
  28.60    28.60    28.60    28.60    1.00  
05/05/2023
  20.98    20.98    20.98    20.98    325.00  
  20.98    20.98    20.98    20.98    29.00  
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Open Value
20.98
20.98
Closing Value
27.87
Upside

Essity AB Trading Date Momentum on May 5, 2023

On May 08 2023 Essity AB was traded for  20.98  at the closing time. The highest daily price throughout the period was 20.98  and the lowest price was  20.98 . The daily volume was 29.0. The net trading volume on 05/08/2023 did not affect price variability. The overall trading delta to current closing price is 44.90% .

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

Essity AB Period Price Range

Low
December 4, 2024
0.00  NaN%
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 4, 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.

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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