Fram Skandinavien (Sweden) Price on October 24, 2024

FRAM-B Stock  SEK 8.00  0.45  5.96%   
If you're considering investing in Fram Stock, it is important to understand the factors that can impact its price. As of today, the current price of Fram Skandinavien stands at 8.00, as last reported on the 30th of November, with the highest price reaching 8.00 and the lowest price hitting 7.60 during the day. Fram Skandinavien secures Sharpe Ratio (or Efficiency) of -0.26, which denotes the company had a -0.26% return per unit of standard deviation over the last 3 months. Fram Skandinavien AB exposes twenty-four different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm Fram Skandinavien's Coefficient Of Variation of (374.67), mean deviation of 2.33, and Standard Deviation of 3.28 to check the risk estimate we provide.
  
Fram Stock price history is provided at the adjusted basis, taking into account all of the recent filings.

Sharpe Ratio = -0.2636

Best PortfolioBest Equity
Good Returns
Average Returns
Small Returns
CashSmall RiskAverage RiskHigh RiskHuge Risk
Negative ReturnsFRAM-B

Estimated Market Risk

 3.28
  actual daily
29
71% of assets are more volatile

Expected Return

 -0.86
  actual daily
0
Most of other assets have higher returns

Risk-Adjusted Return

 -0.26
  actual daily
0
Most of other assets perform better
Based on monthly moving average Fram Skandinavien 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 Fram Skandinavien by adding Fram Skandinavien to a well-diversified portfolio.

Fram Skandinavien Valuation on October 24, 2024

It is possible to determine the worth of Fram Skandinavien on a given historical date. On October 24, 2024 Fram was worth 8.75 at the beginning of the trading date compared to the closed value of 8.6. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Fram Skandinavien stock. Still, in general, we apply an absolute valuation method to find Fram Skandinavien'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 Fram Skandinavien where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Fram Skandinavien's related companies.
 Open High Low Close Volume
  9.25    9.25    8.40    8.60    6,620  
10/24/2024
  8.75    8.95    8.45    8.60    1,787  
  8.75    8.90    8.30    8.30    1,262  
Backtest Fram Skandinavien  |  Fram Skandinavien History  |  Fram Skandinavien Valuation   PreviousNext  
Open Value
8.75
8.6
Closing Value
18.59
Upside

Fram Skandinavien Trading Date Momentum on October 24, 2024

On October 25 2024 Fram Skandinavien AB was traded for  8.30  at the closing time. The highest price during the trading period was 8.90  and the lowest recorded bid was listed for  8.30 . The volume for the day was 1.3 K. This history from October 25, 2024 contributed to the next trading day price decline. The overall trading delta to the next closing price was 3.49% . The overall trading delta to the current price is 4.65% .

Fram Skandinavien Fundamentals Correlations and Trends

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

About Fram Skandinavien Stock history

Fram Skandinavien 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 Fram is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Fram Skandinavien 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 Fram Skandinavien stock prices may prove useful in developing a viable investing in Fram Skandinavien
Fram Skandinavien AB operates as an IT custom software development and distribution company in Southeast Asia and Northern Europe. The company was founded in 1893 and is based in Uppsala, Sweden. Fram Skandinavien is traded on Stockholm Stock Exchange in Sweden.

Fram Skandinavien Stock Technical Analysis

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

Fram Skandinavien Period Price Range

Low
November 30, 2024
0.00  NaN%
High

 0.00 

     

 0.00 

Fram Skandinavien 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.

Fram Skandinavien November 30, 2024 Market Strength

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

Fram Skandinavien Technical and Predictive Indicators

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

When running Fram Skandinavien's price analysis, check to measure Fram Skandinavien'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 Fram Skandinavien is operating at the current time. Most of Fram Skandinavien's value examination focuses on studying past and present price action to predict the probability of Fram Skandinavien's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Fram Skandinavien's price. Additionally, you may evaluate how the addition of Fram Skandinavien to your portfolios can decrease your overall portfolio volatility.
Stock Tickers
Use high-impact, comprehensive, and customizable stock tickers that can be easily integrated to any websites
Global Correlations
Find global opportunities by holding instruments from different markets
Piotroski F Score
Get Piotroski F Score based on the binary analysis strategy of nine different fundamentals
Correlation Analysis
Reduce portfolio risk simply by holding instruments which are not perfectly correlated
Idea Breakdown
Analyze constituents of all Macroaxis ideas. Macroaxis investment ideas are predefined, sector-focused investing themes