Firefly AB (Sweden) Price on November 4, 2024
| FIRE Stock | SEK 196.00 1.50 0.76% |
If you're considering investing in Firefly Stock, it is important to understand the factors that can impact its price. As of today, the current price of Firefly AB stands at 196.00, as last reported on the 27th of November, with the highest price reaching 200.00 and the lowest price hitting 195.00 during the day. Currently, Firefly AB is very steady. Firefly AB secures Sharpe Ratio (or Efficiency) of 0.0281, which denotes the company had a 0.0281% return per unit of risk over the last 3 months. We have found thirty technical indicators for Firefly AB, which you can use to evaluate the volatility of the firm. Please confirm Firefly AB's Downside Deviation of 2.52, mean deviation of 1.87, and Coefficient Of Variation of 4645.66 to check if the risk estimate we provide is consistent with the expected return of 0.0709%.
Firefly Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
Firefly |
Sharpe Ratio = 0.0281
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Estimated Market Risk
| 2.52 actual daily | 22 78% of assets are more volatile |
Expected Return
| 0.07 actual daily | 1 99% of assets have higher returns |
Risk-Adjusted Return
| 0.03 actual daily | 2 98% of assets perform better |
Based on monthly moving average Firefly AB is performing at about 2% of its full potential. 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 Firefly AB by adding it to a well-diversified portfolio.
Firefly AB Valuation on November 4, 2024
It is possible to determine the worth of Firefly AB on a given historical date. On November 4, 2024 Firefly was worth 220.0 at the beginning of the trading date compared to the closed value of 216.0. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Firefly AB stock. Still, in general, we apply an absolute valuation method to find Firefly 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 Firefly AB where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Firefly AB's related companies.
| Open | High | Low | Close | Volume | |
| 216.00 | 222.00 | 216.00 | 220.00 | 2,549 | |
11/04/2024 | 220.00 | 222.00 | 215.00 | 216.00 | 2,951 |
| 218.00 | 219.00 | 214.00 | 214.00 | 1,618 |
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Firefly AB Trading Date Momentum on November 4, 2024
| On November 05 2024 Firefly AB was traded for 214.00 at the closing time. The highest price during the trading period was 219.00 and the lowest recorded bid was listed for 214.00 . The volume for the day was 1.6 K. This history from November 5, 2024 contributed to the next trading day price decline. The overall trading delta to the next closing price was 0.93% . The overall trading delta to the current price is 14.81% . |
Firefly AB Fundamentals Correlations and Trends
By evaluating Firefly 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 Firefly AB's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Firefly financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Firefly AB Stock history
Firefly 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 Firefly is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Firefly 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 Firefly AB stock prices may prove useful in developing a viable investing in Firefly AB
Firefly AB develops, manufactures, and sells spark detection, and fire and dust explosion protection systems for the process industries worldwide. Firefly AB was founded in 1973 and is based in Stockholm, Sweden. Firefly AB operates under Defence Products classification in Sweden and is traded on Stockholm Stock Exchange.
Firefly AB Stock Technical Analysis
Firefly 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.
Price Boundaries
Firefly AB Period Price Range
Low | November 27, 2024
| High |
0.00 | 0.00 |
Firefly 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.
Firefly AB November 27, 2024 Market Strength
Market strength indicators help investors to evaluate how Firefly 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 Firefly AB shares will generate the highest return on investment. By undertsting and applying Firefly AB stock market strength indicators, traders can identify Firefly AB entry and exit signals to maximize returns
Firefly AB Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Firefly AB's price direction in advance. Along with the technical and fundamental analysis of Firefly Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Firefly 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 | 0.0234 | |||
| Jensen Alpha | 0.0567 | |||
| Total Risk Alpha | (0.35) | |||
| Sortino Ratio | (0.03) | |||
| Treynor Ratio | (0.43) |
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Additional Tools for Firefly Stock Analysis
When running Firefly AB's price analysis, check to measure Firefly 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 Firefly AB is operating at the current time. Most of Firefly AB's value examination focuses on studying past and present price action to predict the probability of Firefly 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 Firefly AB's price. Additionally, you may evaluate how the addition of Firefly AB to your portfolios can decrease your overall portfolio volatility.