Idun Industrier (Sweden) Price on December 14, 2023
| IDUN-B Stock | 300.00 11.00 3.81% |
If you're considering investing in Idun Stock, it is important to understand the factors that can impact its price. As of today, the current price of Idun Industrier stands at 300.00, as last reported on the 11th of December 2024, with the highest price reaching 304.00 and the lowest price hitting 291.00 during the day. Idun Industrier appears to be very steady, given 3 months investment horizon. Idun Industrier AB holds Efficiency (Sharpe) Ratio of 0.14, which attests that the entity had a 0.14% return per unit of risk over the last 3 months. We have found twenty-nine technical indicators for Idun Industrier AB, which you can use to evaluate the volatility of the firm. Please utilize Idun Industrier's Market Risk Adjusted Performance of (0.34), risk adjusted performance of 0.0938, and Downside Deviation of 2.4 to validate if our risk estimates are consistent with your expectations.
Idun Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
Idun |
Sharpe Ratio = 0.1408
| Best Portfolio | Best Equity | |||
| Good Returns | ||||
| Average Returns | ||||
| Small Returns | IDUN-B | |||
| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
| Negative Returns |
Estimated Market Risk
| 2.19 actual daily | 19 81% of assets are more volatile |
Expected Return
| 0.31 actual daily | 6 94% of assets have higher returns |
Risk-Adjusted Return
| 0.14 actual daily | 11 89% of assets perform better |
Based on monthly moving average Idun Industrier is performing at about 11% 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 Idun Industrier by adding it to a well-diversified portfolio.
Idun Industrier Valuation on December 14, 2023
It is possible to determine the worth of Idun Industrier on a given historical date. On December 14, 2023 Idun was worth 161.35 at the beginning of the trading date compared to the closed value of 168.82. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Idun Industrier stock. Still, in general, we apply an absolute valuation method to find Idun Industrier'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 Idun Industrier where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Idun Industrier's related companies.
| Open | High | Low | Close | Volume | |
| 159.86 | 163.84 | 159.86 | 161.35 | 301.00 | |
12/14/2023 | 161.35 | 169.82 | 161.35 | 168.82 | 1,727 |
| 174.30 | 174.30 | 167.83 | 167.83 | 5,819 |
| Backtest Idun Industrier | | | Idun Industrier History | | | Idun Industrier Valuation | Previous | Next |
Idun Industrier Trading Date Momentum on December 14, 2023
| On December 15 2023 Idun Industrier AB was traded for 167.83 at the closing time. The highest price during the trading period was 174.30 and the lowest recorded bid was listed for 167.83 . The volume for the day was 5.8 K. This history from December 15, 2023 contributed to the next trading day price decline. The trading delta at closing time to the next closing price was 0.59% . The trading delta at closing time to the current price is 0.59% . |
Idun Industrier AB Fundamentals Correlations and Trends
By evaluating Idun Industrier'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 Idun Industrier's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Idun financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Idun Industrier Stock history
Idun Industrier 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 Idun is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Idun Industrier 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 Idun Industrier stock prices may prove useful in developing a viable investing in Idun Industrier
Idun Industrier Stock Technical Analysis
Idun Industrier 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
Idun Industrier Period Price Range
Low | December 11, 2024
| High |
0.00 | 0.00 |
Idun Industrier 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.
Idun Industrier December 11, 2024 Market Strength
Market strength indicators help investors to evaluate how Idun Industrier stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Idun Industrier shares will generate the highest return on investment. By undertsting and applying Idun Industrier stock market strength indicators, traders can identify Idun Industrier AB entry and exit signals to maximize returns
Idun Industrier Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Idun Industrier's price direction in advance. Along with the technical and fundamental analysis of Idun Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Idun 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 | 0.0938 | |||
| Jensen Alpha | 0.3371 | |||
| Total Risk Alpha | (0.09) | |||
| Sortino Ratio | 0.0582 | |||
| Treynor Ratio | (0.35) |
| Cycle Indicators | ||
| Math Operators | ||
| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
Complementary Tools for Idun Stock analysis
When running Idun Industrier's price analysis, check to measure Idun Industrier'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 Idun Industrier is operating at the current time. Most of Idun Industrier's value examination focuses on studying past and present price action to predict the probability of Idun Industrier's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Idun Industrier's price. Additionally, you may evaluate how the addition of Idun Industrier to your portfolios can decrease your overall portfolio volatility.
| Equity Valuation Check real value of public entities based on technical and fundamental data | |
| Sectors List of equity sectors categorizing publicly traded companies based on their primary business activities | |
| Odds Of Bankruptcy Get analysis of equity chance of financial distress in the next 2 years |