Fasadgruppen Group (Sweden) Price on August 3, 2023

FG Stock  SEK 40.20  0.65  1.59%   
If you're considering investing in Fasadgruppen Stock, it is important to understand the factors that can impact its price. As of today, the current price of Fasadgruppen Group stands at 40.20, as last reported on the 24th of November, with the highest price reaching 41.10 and the lowest price hitting 39.80 during the day. Fasadgruppen Group secures Sharpe Ratio (or Efficiency) of -0.12, which denotes the company had a -0.12% return per unit of risk over the last 3 months. Fasadgruppen Group AB exposes twenty-four different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm Fasadgruppen Group's Standard Deviation of 2.58, variance of 6.63, and Mean Deviation of 1.73 to check the risk estimate we provide.
  
Fasadgruppen Stock price history is provided at the adjusted basis, taking into account all of the recent filings.

Sharpe Ratio = -0.117

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Estimated Market Risk

 2.56
  actual daily
22
78% of assets are more volatile

Expected Return

 -0.3
  actual daily
0
Most of other assets have higher returns

Risk-Adjusted Return

 -0.12
  actual daily
0
Most of other assets perform better
Based on monthly moving average Fasadgruppen 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 Fasadgruppen Group by adding Fasadgruppen Group to a well-diversified portfolio.

Fasadgruppen Group Valuation on August 3, 2023

It is possible to determine the worth of Fasadgruppen Group on a given historical date. On August 3, 2023 Fasadgruppen was worth 78.43 at the beginning of the trading date compared to the closed value of 77.36. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Fasadgruppen Group stock. Still, in general, we apply an absolute valuation method to find Fasadgruppen 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 Fasadgruppen Group where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Fasadgruppen Group's related companies.
 Open High Low Close Volume
  79.78    79.78    78.04    78.43    6,569  
08/03/2023
  78.43    79.68    77.17    77.36    12,337  
  77.17    77.36    75.72    77.07    40,532  
Backtest Fasadgruppen Group  |  Fasadgruppen Group History  |  Fasadgruppen Group Valuation   PreviousNext  
Open Value
78.43
77.36
Closing Value
86.12
Upside

Fasadgruppen Group Trading Date Momentum on August 3, 2023

On August 04 2023 Fasadgruppen Group AB was traded for  77.07  at the closing time. The highest daily price throughout the period was 77.36  and the lowest price was  75.72 . The daily volume was 40.5 K. The net trading volume on 08/04/2023 added to the next day price reduction. The overall trading delta to closing price of the next trading day was 0.37% . The overall trading delta to current closing price is 3.24% .

Fasadgruppen Group Fundamentals Correlations and Trends

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

About Fasadgruppen Group Stock history

Fasadgruppen 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 Fasadgruppen is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Fasadgruppen Group 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 Fasadgruppen Group stock prices may prove useful in developing a viable investing in Fasadgruppen Group
Fasadgruppen Group AB operates as a full-service provider of facades in Sweden and Nordic region. The company was founded in 1963 and is headquartered in Stockholm, Sweden. Fasadgruppen Group is traded on Stockholm Stock Exchange in Sweden.

Fasadgruppen Group Stock Technical Analysis

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

Fasadgruppen Group Period Price Range

Low
November 24, 2024
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High

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Fasadgruppen 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.

Fasadgruppen Group November 24, 2024 Market Strength

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

Fasadgruppen Group Technical and Predictive Indicators

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

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