Holmen AB (Sweden) Price on November 26, 2024
HOLM-B Stock | SEK 410.80 6.20 1.53% |
If you're considering investing in Holmen Stock, it is important to understand the factors that can impact its price. As of today, the current price of Holmen AB stands at 410.80, as last reported on the 1st of December, with the highest price reaching 411.00 and the lowest price hitting 403.00 during the day. Holmen AB holds Efficiency (Sharpe) Ratio of -0.0306, which attests that the entity had a -0.0306% return per unit of risk over the last 3 months. Holmen AB exposes twenty-four different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please check out Holmen AB's Risk Adjusted Performance of (0.01), standard deviation of 1.16, and Market Risk Adjusted Performance of (0.46) to validate the risk estimate we provide.
Holmen Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
Holmen |
Sharpe Ratio = -0.0306
Best Portfolio | Best Equity | |||
Good Returns | ||||
Average Returns | ||||
Small Returns | ||||
Cash | Small Risk | Average Risk | High Risk | Huge Risk |
Negative Returns | HOLM-B |
Estimated Market Risk
1.16 actual daily | 10 90% of assets are more volatile |
Expected Return
-0.04 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
-0.03 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Holmen AB 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 Holmen AB by adding Holmen AB to a well-diversified portfolio.
Holmen AB Valuation on November 26, 2024
It is possible to determine the worth of Holmen AB on a given historical date. On November 26, 2024 Holmen was worth 411.0 at the beginning of the trading date compared to the closed value of 407.8. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Holmen AB stock. Still, in general, we apply an absolute valuation method to find Holmen 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 Holmen AB where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Holmen AB's related companies.
Open | High | Low | Close | Volume | |
411.20 | 418.20 | 411.20 | 418.20 | 349,083 | |
11/26/2024 | 411.00 | 412.60 | 405.80 | 407.80 | 168,872 |
405.80 | 406.20 | 401.80 | 405.20 | 162,897 |
Backtest Holmen AB | | | Holmen AB History | | | Holmen AB Valuation | Previous | Next |
Holmen AB Trading Date Momentum on November 26, 2024
On November 27 2024 Holmen AB was traded for 405.20 at the closing time. The highest price during the trading period was 406.20 and the lowest recorded bid was listed for 401.80 . The volume for the day was 162.9 K. This history from November 27, 2024 contributed to the next trading day price decline. The trading delta at closing time to the next closing price was 0.64% . The trading delta at closing time to the current price is 1.13% . |
Holmen AB Fundamentals Correlations and Trends
By evaluating Holmen 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 Holmen AB's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Holmen financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Holmen AB Stock history
Holmen 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 Holmen is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Holmen 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 Holmen AB stock prices may prove useful in developing a viable investing in Holmen AB
Holmen Aktiebolag manufactures and sells papers, paperboards, and wood products worldwide. The company was founded in 1609 and is headquartered in Stockholm, Sweden. Holmen AB operates under Paper Products classification in Sweden and is traded on Stockholm Stock Exchange. It employs 3000 people.
Holmen AB Stock Technical Analysis
Holmen 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
Holmen AB Period Price Range
Low | December 1, 2024
| High |
0.00 | 0.00 |
Holmen 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.
Holmen AB December 1, 2024 Market Strength
Market strength indicators help investors to evaluate how Holmen 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 Holmen AB shares will generate the highest return on investment. By undertsting and applying Holmen AB stock market strength indicators, traders can identify Holmen AB entry and exit signals to maximize returns
Holmen AB Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Holmen AB's price direction in advance. Along with the technical and fundamental analysis of Holmen Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Holmen 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 | (0.01) | |||
Jensen Alpha | (0.05) | |||
Total Risk Alpha | (0.23) | |||
Treynor Ratio | (0.47) |
Cycle Indicators | ||
Math Operators | ||
Math Transform | ||
Momentum Indicators | ||
Overlap Studies | ||
Pattern Recognition | ||
Price Transform | ||
Statistic Functions | ||
Volatility Indicators | ||
Volume Indicators |
Complementary Tools for Holmen Stock analysis
When running Holmen AB's price analysis, check to measure Holmen 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 Holmen AB is operating at the current time. Most of Holmen AB's value examination focuses on studying past and present price action to predict the probability of Holmen 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 Holmen AB's price. Additionally, you may evaluate how the addition of Holmen AB to your portfolios can decrease your overall portfolio volatility.
Sync Your Broker Sync your existing holdings, watchlists, positions or portfolios from thousands of online brokerage services, banks, investment account aggregators and robo-advisors. | |
Pair Correlation Compare performance and examine fundamental relationship between any two equity instruments | |
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 | |
Theme Ratings Determine theme ratings based on digital equity recommendations. Macroaxis theme ratings are based on combination of fundamental analysis and risk-adjusted market performance | |
Portfolio Comparator Compare the composition, asset allocations and performance of any two portfolios in your account | |
Headlines Timeline Stay connected to all market stories and filter out noise. Drill down to analyze hype elasticity | |
Sectors List of equity sectors categorizing publicly traded companies based on their primary business activities | |
Investing Opportunities Build portfolios using our predefined set of ideas and optimize them against your investing preferences |