Slandsbanki (Iceland) Price on November 21, 2024
| ISB Stock | 123.00 0.75 0.61% |
If you're considering investing in Slandsbanki Stock, it is important to understand the factors that can impact its price. As of today, the current price of Slandsbanki stands at 123.00, as last reported on the 12th of December 2024, with the highest price reaching 123.00 and the lowest price hitting 121.00 during the day. Slandsbanki appears to be very steady, given 3 months investment horizon. slandsbanki hf owns Efficiency Ratio (i.e., Sharpe Ratio) of 0.24, which indicates the firm had a 0.24% return per unit of risk over the last 3 months. We have found twenty-eight technical indicators for slandsbanki hf, which you can use to evaluate the volatility of the company. Please review Slandsbanki's Semi Deviation of 0.7038, coefficient of variation of 392.6, and Risk Adjusted Performance of 0.1887 to confirm if our risk estimates are consistent with your expectations.
Slandsbanki Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
Slandsbanki |
Sharpe Ratio = 0.2417
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Estimated Market Risk
| 1.37 actual daily | 12 88% of assets are more volatile |
Expected Return
| 0.33 actual daily | 6 94% of assets have higher returns |
Risk-Adjusted Return
| 0.24 actual daily | 19 81% of assets perform better |
Based on monthly moving average Slandsbanki is performing at about 19% 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 Slandsbanki by adding it to a well-diversified portfolio.
Slandsbanki Valuation on November 21, 2024
It is possible to determine the worth of Slandsbanki on a given historical date. On November 21, 2024 Slandsbanki was worth 125.0 at the beginning of the trading date compared to the closed value of 126.0. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Slandsbanki stock. Still, in general, we apply an absolute valuation method to find Slandsbanki'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 Slandsbanki where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Slandsbanki's related companies.
| Open | High | Low | Close | Volume | |
| 125.50 | 127.00 | 125.50 | 125.50 | 974,272 | |
11/21/2024 | 125.00 | 127.00 | 125.00 | 126.00 | 1,000,791 |
| 125.00 | 127.00 | 125.00 | 125.75 | 990,578 |
| Backtest Slandsbanki | | | Slandsbanki History | Previous | Next |
Slandsbanki Trading Date Momentum on November 21, 2024
| On November 22 2024 slandsbanki hf was traded for 125.75 at the closing time. The maximum traded price for the trading interval was 127.00 and the lowest daily price was 125.00 . The daily volume was recorded at 990.6 K. The volume of trading on 22nd of November 2024 played a part in the next trading day price drop. The trading delta at closing time to the next closing price was 0.20% . The trading date delta to the closing price today is 1.19% . |
Price Boundaries
Slandsbanki Period Price Range
Low | December 12, 2024
| High |
0.00 | 0.00 |
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Slandsbanki December 12, 2024 Market Strength
Market strength indicators help investors to evaluate how Slandsbanki stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Slandsbanki shares will generate the highest return on investment. By undertsting and applying Slandsbanki stock market strength indicators, traders can identify slandsbanki hf entry and exit signals to maximize returns
Slandsbanki Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Slandsbanki's price direction in advance. Along with the technical and fundamental analysis of Slandsbanki Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Slandsbanki 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 | 0.1887 | |||
| Jensen Alpha | 0.3485 | |||
| Total Risk Alpha | 0.1214 | |||
| Sortino Ratio | 0.1875 | |||
| Treynor Ratio | (3.61) |
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Complementary Tools for Slandsbanki Stock analysis
When running Slandsbanki's price analysis, check to measure Slandsbanki'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 Slandsbanki is operating at the current time. Most of Slandsbanki's value examination focuses on studying past and present price action to predict the probability of Slandsbanki's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Slandsbanki's price. Additionally, you may evaluate how the addition of Slandsbanki to your portfolios can decrease your overall portfolio volatility.
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