FlexQube (Sweden) Price on October 2, 2024

FLEXQ Stock  SEK 8.80  0.42  5.01%   
If you're considering investing in FlexQube Stock, it is important to understand the factors that can impact its price. As of today, the current price of FlexQube stands at 8.80, as last reported on the 1st of December, with the highest price reaching 8.80 and the lowest price hitting 8.20 during the day. FlexQube AB secures Sharpe Ratio (or Efficiency) of -0.0711, which denotes the company had a -0.0711% return per unit of risk over the last 3 months. FlexQube AB exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm FlexQube's Standard Deviation of 3.45, variance of 11.88, and Mean Deviation of 2.61 to check the risk estimate we provide.
  
FlexQube Stock price history is provided at the adjusted basis, taking into account all of the recent filings.

Sharpe Ratio = -0.0711

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Estimated Market Risk

 3.44
  actual daily
30
70% of assets are more volatile

Expected Return

 -0.24
  actual daily
0
Most of other assets have higher returns

Risk-Adjusted Return

 -0.07
  actual daily
0
Most of other assets perform better
Based on monthly moving average FlexQube 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 FlexQube by adding FlexQube to a well-diversified portfolio.

FlexQube Valuation on October 2, 2024

It is possible to determine the worth of FlexQube on a given historical date. On October 2, 2024 FlexQube was worth 9.0 at the beginning of the trading date compared to the closed value of 9.04. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of FlexQube stock. Still, in general, we apply an absolute valuation method to find FlexQube'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 FlexQube where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against FlexQube's related companies.
 Open High Low Close Volume
  8.80    9.00    8.70    9.00    9,625  
10/02/2024
  9.00    9.16    8.92    9.04    9,887  
  8.94    9.02    8.72    9.02    3,590  
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Open Value
9.0
9.04
Closing Value
19.31
Upside

FlexQube Trading Date Momentum on October 2, 2024

On October 03 2024 FlexQube AB was traded for  9.02  at the closing time. The highest price during the trading period was 9.02  and the lowest recorded bid was listed for  8.72 . The volume for the day was 3.6 K. This history from October 3, 2024 contributed to the next trading day price decline. The overall trading delta to the next closing price was 0.22% . The overall trading delta to the current price is 0.22% .

FlexQube AB Fundamentals Correlations and Trends

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

About FlexQube Stock history

FlexQube 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 FlexQube is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in FlexQube 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 FlexQube stock prices may prove useful in developing a viable investing in FlexQube
FlexQube AB provides flexible and robust industrial carts for material handling in Europe and North America. The company was founded in 2010 and is headquartered in Gothenburg, Sweden. FlexQube is traded on Stockholm Stock Exchange in Sweden.

FlexQube Stock Technical Analysis

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

FlexQube Period Price Range

Low
December 1, 2024
0.00  NaN%
High

 0.00 

     

 0.00 

FlexQube 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.

FlexQube December 1, 2024 Market Strength

Market strength indicators help investors to evaluate how FlexQube stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading FlexQube shares will generate the highest return on investment. By undertsting and applying FlexQube stock market strength indicators, traders can identify FlexQube AB entry and exit signals to maximize returns

FlexQube Technical and Predictive Indicators

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

When running FlexQube's price analysis, check to measure FlexQube'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 FlexQube is operating at the current time. Most of FlexQube's value examination focuses on studying past and present price action to predict the probability of FlexQube's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move FlexQube's price. Additionally, you may evaluate how the addition of FlexQube to your portfolios can decrease your overall portfolio volatility.