Generic Sweden (Sweden) Price on April 17, 2023
| GENI Stock | SEK 50.80 0.20 0.40% |
If you're considering investing in Generic Stock, it is important to understand the factors that can impact its price. As of today, the current price of Generic Sweden stands at 50.80, as last reported on the 11th of December 2024, with the highest price reaching 50.80 and the lowest price hitting 50.00 during the day. Generic Sweden appears to be very steady, given 3 months investment horizon. Generic Sweden publ holds Efficiency (Sharpe) Ratio of 0.12, which attests that the entity had a 0.12% return per unit of risk over the last 3 months. We have found thirty technical indicators for Generic Sweden publ, which you can use to evaluate the volatility of the firm. Please utilize Generic Sweden's Risk Adjusted Performance of 0.0816, downside deviation of 1.54, and Market Risk Adjusted Performance of 0.6837 to validate if our risk estimates are consistent with your expectations.
Generic Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
Generic |
Sharpe Ratio = 0.1202
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Estimated Market Risk
| 1.86 actual daily | 16 84% of assets are more volatile |
Expected Return
| 0.22 actual daily | 4 96% of assets have higher returns |
Risk-Adjusted Return
| 0.12 actual daily | 9 91% of assets perform better |
Based on monthly moving average Generic Sweden is performing at about 9% 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 Generic Sweden by adding it to a well-diversified portfolio.
Generic Sweden Valuation on April 17, 2023
It is possible to determine the worth of Generic Sweden on a given historical date. On April 17, 2023 Generic was worth 44.26 at the beginning of the trading date compared to the closed value of 45.67. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Generic Sweden stock. Still, in general, we apply an absolute valuation method to find Generic Sweden'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 Generic Sweden where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Generic Sweden's related companies.
| Open | High | Low | Close | Volume | |
| 43.69 | 44.54 | 42.37 | 44.54 | 12,941 | |
04/17/2023 | 44.26 | 45.67 | 44.26 | 45.67 | 22,904 |
| 44.73 | 45.76 | 44.73 | 45.10 | 3,841 |
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Generic Sweden Trading Date Momentum on April 17, 2023
| On April 18 2023 Generic Sweden publ was traded for 45.10 at the closing time. The highest price during the trading period was 45.76 and the lowest recorded bid was listed for 44.73 . The volume for the day was 3.8 K. This history from April 18, 2023 contributed to the next trading day price decline. The overall trading delta to the next closing price was 1.25% . The overall trading delta to the current price is 8.25% . |
Generic Sweden publ Fundamentals Correlations and Trends
By evaluating Generic Sweden'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 Generic Sweden's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Generic financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Generic Sweden Stock history
Generic Sweden 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 Generic is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Generic Sweden publ 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 Generic Sweden stock prices may prove useful in developing a viable investing in Generic Sweden
Generic Sweden AB provides consulting and telecommunication services in Sweden. Generic Sweden AB is a subsidiary of Krantz Svedberg Frvaltning AB. Generic Sweden operates under Diversified Telecommunications classification in Sweden and is traded on Stockholm Stock Exchange.
Generic Sweden Stock Technical Analysis
Generic Sweden 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
Generic Sweden Period Price Range
Low | December 11, 2024
| High |
0.00 | 0.00 |
Generic Sweden publ 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.
Generic Sweden December 11, 2024 Market Strength
Market strength indicators help investors to evaluate how Generic Sweden stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Generic Sweden shares will generate the highest return on investment. By undertsting and applying Generic Sweden stock market strength indicators, traders can identify Generic Sweden publ entry and exit signals to maximize returns
Generic Sweden Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Generic Sweden's price direction in advance. Along with the technical and fundamental analysis of Generic Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Generic 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 | 0.0816 | |||
| Jensen Alpha | 0.1524 | |||
| Total Risk Alpha | (0.11) | |||
| Sortino Ratio | 0.045 | |||
| Treynor Ratio | 0.6737 |
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Additional Tools for Generic Stock Analysis
When running Generic Sweden's price analysis, check to measure Generic Sweden'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 Generic Sweden is operating at the current time. Most of Generic Sweden's value examination focuses on studying past and present price action to predict the probability of Generic Sweden's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Generic Sweden's price. Additionally, you may evaluate how the addition of Generic Sweden to your portfolios can decrease your overall portfolio volatility.