ITAB Shop (Sweden) Price on June 14, 2024
| ITAB Stock | 23.30 0.20 0.87% |
If you're considering investing in ITAB Stock, it is important to understand the factors that can impact its price. As of today, the current price of ITAB Shop stands at 23.30, as last reported on the 23rd of November, with the highest price reaching 23.50 and the lowest price hitting 22.90 during the day. Currently, ITAB Shop Concept is not too volatile. ITAB Shop Concept retains Efficiency (Sharpe Ratio) of 0.0146, which attests that the entity had a 0.0146% return per unit of return volatility over the last 3 months. We have found twenty-nine technical indicators for ITAB Shop, which you can use to evaluate the volatility of the firm. Please check out ITAB Shop's Downside Deviation of 2.36, market risk adjusted performance of (1.03), and Semi Deviation of 2.27 to validate if the risk estimate we provide is consistent with the expected return of 0.0514%.
ITAB Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
ITAB |
Sharpe Ratio = 0.0146
| Best Portfolio | Best Equity | |||
| Good Returns | ||||
| Average Returns | ||||
| Small Returns | ||||
| Cash | Small Risk | Average Risk | ITAB | Huge Risk |
| Negative Returns |
Estimated Market Risk
| 3.52 actual daily | 31 69% of assets are more volatile |
Expected Return
| 0.05 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| 0.01 actual daily | 1 99% of assets perform better |
Based on monthly moving average ITAB Shop is performing at about 1% 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 ITAB Shop by adding it to a well-diversified portfolio.
ITAB Shop Valuation on June 14, 2024
It is possible to determine the worth of ITAB Shop on a given historical date. On June 14, 2024 ITAB was worth 26.1 at the beginning of the trading date compared to the closed value of 25.1. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of ITAB Shop stock. Still, in general, we apply an absolute valuation method to find ITAB Shop'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 ITAB Shop where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against ITAB Shop's related companies.
| Open | High | Low | Close | Volume | |
| 27.00 | 27.00 | 26.00 | 26.10 | 222,973 | |
06/14/2024 | 26.10 | 26.40 | 25.10 | 25.10 | 372,953 |
| 25.20 | 25.50 | 24.40 | 24.70 | 301,164 |
| Backtest ITAB Shop | | | ITAB Shop History | | | ITAB Shop Valuation | Previous | Next |
ITAB Shop Trading Date Momentum on June 14, 2024
| On June 17 2024 ITAB Shop Concept was traded for 24.70 at the closing time. The highest price during the trading period was 25.50 and the lowest recorded bid was listed for 24.40 . The volume for the day was 301.2 K. This history from June 17, 2024 contributed to the next trading day price decline. The trading delta at closing time to the next closing price was 1.59% . The trading delta at closing time to the current price is 2.79% . |
ITAB Shop Concept Fundamentals Correlations and Trends
By evaluating ITAB Shop'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 ITAB Shop's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. ITAB financial account trend analysis is a perfect complement when working with valuation or volatility modules.About ITAB Shop Stock history
ITAB Shop 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 ITAB is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in ITAB Shop Concept 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 ITAB Shop stock prices may prove useful in developing a viable investing in ITAB Shop
ITAB Shop Stock Technical Analysis
ITAB Shop 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
ITAB Shop Period Price Range
Low | November 23, 2024
| High |
0.00 | 0.00 |
ITAB Shop Concept 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.
ITAB Shop November 23, 2024 Market Strength
Market strength indicators help investors to evaluate how ITAB Shop stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading ITAB Shop shares will generate the highest return on investment. By undertsting and applying ITAB Shop stock market strength indicators, traders can identify ITAB Shop Concept entry and exit signals to maximize returns
ITAB Shop Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for ITAB Shop's price direction in advance. Along with the technical and fundamental analysis of ITAB Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of ITAB 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 | 0.0311 | |||
| Jensen Alpha | 0.1032 | |||
| Total Risk Alpha | (0.44) | |||
| Sortino Ratio | (0.01) | |||
| Treynor Ratio | (1.04) |
| Cycle Indicators | ||
| Math Operators | ||
| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
Additional Tools for ITAB Stock Analysis
When running ITAB Shop's price analysis, check to measure ITAB Shop'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 ITAB Shop is operating at the current time. Most of ITAB Shop's value examination focuses on studying past and present price action to predict the probability of ITAB Shop's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move ITAB Shop's price. Additionally, you may evaluate how the addition of ITAB Shop to your portfolios can decrease your overall portfolio volatility.