IZafe Group (Sweden) Price on November 20, 2024
IZAFE-B Stock | SEK 0.21 0.01 5.00% |
If you're considering investing in IZafe Stock, it is important to understand the factors that can impact its price. As of today, the current price of IZafe Group stands at 0.21, as last reported on the 27th of November, with the highest price reaching 0.22 and the lowest price hitting 0.20 during the day. iZafe Group AB holds Efficiency (Sharpe) Ratio of -0.0021, which attests that the entity had a -0.0021% return per unit of risk over the last 3 months. iZafe Group AB exposes twenty-two different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please check out IZafe Group's Standard Deviation of 5.15, market risk adjusted performance of 0.1942, and insignificant Risk Adjusted Performance to validate the risk estimate we provide.
IZafe Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
IZafe |
Sharpe Ratio = -0.0021
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Estimated Market Risk
5.21 actual daily | 46 54% of assets are more volatile |
Expected Return
-0.01 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
0.0 actual daily | 0 Most of other assets perform better |
Based on monthly moving average IZafe Group 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 IZafe Group by adding IZafe Group to a well-diversified portfolio.
IZafe Group Valuation on November 20, 2024
It is possible to determine the worth of IZafe Group on a given historical date. On November 20, 2024 IZafe was worth 0.2 at the beginning of the trading date compared to the closed value of 0.19. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of IZafe Group stock. Still, in general, we apply an absolute valuation method to find IZafe Group'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 IZafe Group where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against IZafe Group's related companies.
Open | High | Low | Close | Volume | |
0.21 | 0.22 | 0.17 | 0.20 | 1,265,148 | |
11/20/2024 | 0.20 | 0.20 | 0.18 | 0.19 | 531,139 |
0.20 | 0.20 | 0.20 | 0.20 | 1,706,191 |
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IZafe Group Trading Date Momentum on November 20, 2024
On November 21 2024 iZafe Group AB was traded for 0.20 at the closing time. The highest price during the trading period was 0.20 and the lowest recorded bid was listed for 0.20 . The volume for the day was 1.7 M. This history from November 21, 2024 contributed to the next trading day price jump. The trading delta at closing time to the next closing price was 5.26% . The trading date delta to the current price is 10.53% . |
iZafe Group AB Fundamentals Correlations and Trends
By evaluating IZafe Group'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 IZafe Group's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. IZafe financial account trend analysis is a perfect complement when working with valuation or volatility modules.About IZafe Group Stock history
IZafe Group 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 IZafe is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in iZafe Group 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 IZafe Group stock prices may prove useful in developing a viable investing in IZafe Group
iZafe Group AB , a medical technology company, researches, develops, and markets medical products for medication and drug management in Sweden and internationally. The company was formerly known as MediRtt AB and changed its name to iZafe Group AB in May 2019. iZafe Group AB was founded in 2008 and is based in Liding, Sweden. iZafe Group is traded on Stockholm Stock Exchange in Sweden.
IZafe Group Stock Technical Analysis
IZafe Group 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
IZafe Group Period Price Range
Low | November 27, 2024
| High |
0.00 | 0.00 |
iZafe Group 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.
IZafe Group November 27, 2024 Market Strength
Market strength indicators help investors to evaluate how IZafe Group stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading IZafe Group shares will generate the highest return on investment. By undertsting and applying IZafe Group stock market strength indicators, traders can identify iZafe Group AB entry and exit signals to maximize returns
IZafe Group Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for IZafe Group's price direction in advance. Along with the technical and fundamental analysis of IZafe Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of IZafe 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) | |||
Jensen Alpha | (0.03) | |||
Total Risk Alpha | (0.89) | |||
Treynor Ratio | 0.1842 |
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Complementary Tools for IZafe Stock analysis
When running IZafe Group's price analysis, check to measure IZafe Group'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 IZafe Group is operating at the current time. Most of IZafe Group's value examination focuses on studying past and present price action to predict the probability of IZafe Group's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move IZafe Group's price. Additionally, you may evaluate how the addition of IZafe Group to your portfolios can decrease your overall portfolio volatility.
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