Image Systems (Sweden) Price on October 30, 2024
| IS Stock | SEK 2.04 0.07 3.32% |
If you're considering investing in Image Stock, it is important to understand the factors that can impact its price. As of today, the current price of Image Systems stands at 2.04, as last reported on the 26th of November, with the highest price reaching 2.17 and the lowest price hitting 2.01 during the day. Image Systems appears to be very risky, given 3 months investment horizon. Image Systems AB holds Efficiency (Sharpe) Ratio of 0.15, which attests that the entity had a 0.15% return per unit of risk over the last 3 months. By evaluating Image Systems' technical indicators, you can evaluate if the expected return of 0.74% is justified by implied risk. Please utilize Image Systems' Risk Adjusted Performance of 0.1352, downside deviation of 3.24, and Market Risk Adjusted Performance of (14.84) to validate if our risk estimates are consistent with your expectations.
Image Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
Image |
Sharpe Ratio = 0.1521
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Estimated Market Risk
| 4.87 actual daily | 43 57% of assets are more volatile |
Expected Return
| 0.74 actual daily | 14 86% of assets have higher returns |
Risk-Adjusted Return
| 0.15 actual daily | 11 89% of assets perform better |
Based on monthly moving average Image Systems 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 Image Systems by adding it to a well-diversified portfolio.
Image Systems Valuation on October 30, 2024
It is possible to determine the worth of Image Systems on a given historical date. On October 30, 2024 Image was worth 1.34 at the beginning of the trading date compared to the closed value of 1.34. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Image Systems stock. Still, in general, we apply an absolute valuation method to find Image Systems' 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 Image Systems where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Image Systems' related companies.
| Open | High | Low | Close | Volume | |
| 1.30 | 1.33 | 1.30 | 1.33 | 24,770 | |
10/30/2024 | 1.34 | 1.34 | 1.34 | 1.34 | 14,741 |
| 1.30 | 1.32 | 1.29 | 1.32 | 53,003 |
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Image Systems Trading Date Momentum on October 30, 2024
| On October 31 2024 Image Systems AB was traded for 1.32 at the closing time. The highest daily price throughout the period was 1.32 and the lowest price was 1.29 . The daily volume was 53 K. The net trading volume on 10/31/2024 added to the next day price reduction. The trading delta at closing time to closing price of the next trading day was 1.49% . The trading delta at closing time to current closing price is 21.64% . |
Image Systems AB Fundamentals Correlations and Trends
By evaluating Image Systems' financials over time, investors can gain insight into future company performance. However, you can also analyze the published financial statements to find patterns among Image Systems' main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Image financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Image Systems Stock history
Image Systems 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 Image is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Image Systems 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 Image Systems stock prices may prove useful in developing a viable investing in Image Systems
Image Systems AB provides non-contact measurement products and systems worldwide. Image Systems AB was founded in 1988 and is headquartered in Linkping, Sweden. Image Systems operates under Software Providers classification in Sweden and is traded on Stockholm Stock Exchange.
Image Systems Stock Technical Analysis
Image Systems 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
Image Systems Period Price Range
Low | November 26, 2024
| High |
0.00 | 0.00 |
Image Systems 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.
Image Systems November 26, 2024 Market Strength
Market strength indicators help investors to evaluate how Image Systems stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Image Systems shares will generate the highest return on investment. By undertsting and applying Image Systems stock market strength indicators, traders can identify Image Systems AB entry and exit signals to maximize returns
Image Systems Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Image Systems' price direction in advance. Along with the technical and fundamental analysis of Image Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Image 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 | 0.1352 | |||
| Jensen Alpha | 0.7876 | |||
| Total Risk Alpha | 0.0408 | |||
| Sortino Ratio | 0.2046 | |||
| Treynor Ratio | (14.85) |
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Additional Tools for Image Stock Analysis
When running Image Systems' price analysis, check to measure Image Systems' 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 Image Systems is operating at the current time. Most of Image Systems' value examination focuses on studying past and present price action to predict the probability of Image Systems' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Image Systems' price. Additionally, you may evaluate how the addition of Image Systems to your portfolios can decrease your overall portfolio volatility.