FormPipe Software (Sweden) Price on February 16, 2024
FPIP Stock | SEK 25.10 0.30 1.21% |
If you're considering investing in FormPipe Stock, it is important to understand the factors that can impact its price. As of today, the current price of FormPipe Software stands at 25.10, as last reported on the 27th of November, with the highest price reaching 26.20 and the lowest price hitting 24.20 during the day. FormPipe Software secures Sharpe Ratio (or Efficiency) of -0.0215, which denotes the company had a -0.0215% return per unit of risk over the last 3 months. FormPipe Software AB exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm FormPipe Software's Mean Deviation of 1.6, variance of 4.62, and Standard Deviation of 2.15 to check the risk estimate we provide.
FormPipe Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
FormPipe |
Sharpe Ratio = -0.0215
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Estimated Market Risk
2.17 actual daily | 19 81% of assets are more volatile |
Expected Return
-0.05 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
-0.02 actual daily | 0 Most of other assets perform better |
Based on monthly moving average FormPipe Software 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 FormPipe Software by adding FormPipe Software to a well-diversified portfolio.
FormPipe Software Valuation on February 16, 2024
It is possible to determine the worth of FormPipe Software on a given historical date. On February 16, 2024 FormPipe was worth 28.76 at the beginning of the trading date compared to the closed value of 28.96. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of FormPipe Software stock. Still, in general, we apply an absolute valuation method to find FormPipe Software'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 FormPipe Software where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against FormPipe Software's related companies.
Open | High | Low | Close | Volume | |
27.58 | 28.07 | 27.58 | 27.58 | 17,340 | |
02/16/2024 | 28.76 | 29.74 | 26.90 | 28.96 | 297,685 |
28.96 | 29.35 | 28.17 | 28.86 | 20,036 |
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FormPipe Software Trading Date Momentum on February 16, 2024
On February 19 2024 FormPipe Software AB was traded for 28.86 at the closing time. The highest price during the trading period was 29.35 and the lowest recorded bid was listed for 28.17 . The volume for the day was 20 K. This history from February 19, 2024 contributed to the next trading day price decline. The overall trading delta to the next closing price was 0.35% . The overall trading delta to the current price is 2.38% . |
FormPipe Software Fundamentals Correlations and Trends
By evaluating FormPipe Software'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 FormPipe Software's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. FormPipe financial account trend analysis is a perfect complement when working with valuation or volatility modules.About FormPipe Software Stock history
FormPipe Software 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 FormPipe is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in FormPipe Software 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 FormPipe Software stock prices may prove useful in developing a viable investing in FormPipe Software
Formpipe Software AB , a software company, develops and provides enterprise content management software and solutions in Nordic region, the United Kingdom, rest of Europe, North America, and internationally. Formpipe Software AB is headquartered in Stockholm, Sweden. FormPipe Software operates under Software Providers classification in Sweden and is traded on Stockholm Stock Exchange. It employs 224 people.
FormPipe Software Stock Technical Analysis
FormPipe Software 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
FormPipe Software Period Price Range
Low | November 27, 2024
| High |
0.00 | 0.00 |
FormPipe Software 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.
FormPipe Software November 27, 2024 Market Strength
Market strength indicators help investors to evaluate how FormPipe Software stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading FormPipe Software shares will generate the highest return on investment. By undertsting and applying FormPipe Software stock market strength indicators, traders can identify FormPipe Software AB entry and exit signals to maximize returns
FormPipe Software Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for FormPipe Software's price direction in advance. Along with the technical and fundamental analysis of FormPipe Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of FormPipe 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 | (0.02) | |||
Jensen Alpha | (0.12) | |||
Total Risk Alpha | (0.42) | |||
Treynor Ratio | (0.43) |
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Additional Tools for FormPipe Stock Analysis
When running FormPipe Software's price analysis, check to measure FormPipe Software'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 FormPipe Software is operating at the current time. Most of FormPipe Software's value examination focuses on studying past and present price action to predict the probability of FormPipe Software's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move FormPipe Software's price. Additionally, you may evaluate how the addition of FormPipe Software to your portfolios can decrease your overall portfolio volatility.