JM AB (Sweden) Price on October 4, 2024
JM Stock | 178.40 2.80 1.59% |
If you're considering investing in JM AB Stock, it is important to understand the factors that can impact its price. As of today, the current price of JM AB stands at 178.40, as last reported on the 24th of November, with the highest price reaching 181.00 and the lowest price hitting 176.00 during the day. JM AB retains Efficiency (Sharpe Ratio) of -0.12, which attests that the entity had a -0.12% return per unit of price deviation over the last 3 months. JM AB exposes twenty-four different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please check out JM AB's Information Ratio of (0.18), market risk adjusted performance of (0.25), and Coefficient Of Variation of (907.47) to validate the risk estimate we provide.
JM AB Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
JM AB |
Sharpe Ratio = -0.1203
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Estimated Market Risk
1.83 actual daily | 16 84% of assets are more volatile |
Expected Return
-0.22 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
-0.12 actual daily | 0 Most of other assets perform better |
Based on monthly moving average JM AB 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 JM AB by adding JM AB to a well-diversified portfolio.
JM AB Valuation on October 4, 2024
It is possible to determine the worth of JM AB on a given historical date. On October 4, 2024 JM AB was worth 208.8 at the beginning of the trading date compared to the closed value of 210.8. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of JM AB stock. Still, in general, we apply an absolute valuation method to find JM AB'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 JM AB where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against JM AB's related companies.
Open | High | Low | Close | Volume | |
206.60 | 209.40 | 204.40 | 208.80 | 93,224 | |
10/04/2024 | 208.80 | 211.80 | 207.20 | 210.80 | 416,477 |
210.80 | 211.00 | 202.80 | 205.60 | 210,151 |
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JM AB Trading Date Momentum on October 4, 2024
On October 07 2024 JM AB was traded for 205.60 at the closing time. The highest daily price throughout the period was 211.00 and the lowest price was 202.80 . The daily volume was 210.2 K. The net trading volume on 10/07/2024 added to the next day price reduction. The trading delta at closing time to closing price of the next trading day was 2.47% . The trading delta at closing time to current closing price is 7.07% . |
JM AB Fundamentals Correlations and Trends
By evaluating JM AB'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 JM AB's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. JM AB financial account trend analysis is a perfect complement when working with valuation or volatility modules.About JM AB Stock history
JM AB 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 JM AB is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in JM 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 JM AB stock prices may prove useful in developing a viable investing in JM AB
JM AB Stock Technical Analysis
JM AB 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
JM AB Period Price Range
Low | November 24, 2024
| High |
0.00 | 0.00 |
JM 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.
JM AB November 24, 2024 Market Strength
Market strength indicators help investors to evaluate how JM AB stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading JM AB shares will generate the highest return on investment. By undertsting and applying JM AB stock market strength indicators, traders can identify JM AB entry and exit signals to maximize returns
JM AB Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for JM AB's price direction in advance. Along with the technical and fundamental analysis of JM AB Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of JM AB 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 | (0.08) | |||
Jensen Alpha | (0.31) | |||
Total Risk Alpha | (0.50) | |||
Treynor Ratio | (0.26) |
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Additional Tools for JM AB Stock Analysis
When running JM AB's price analysis, check to measure JM AB'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 JM AB is operating at the current time. Most of JM AB's value examination focuses on studying past and present price action to predict the probability of JM AB's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move JM AB's price. Additionally, you may evaluate how the addition of JM AB to your portfolios can decrease your overall portfolio volatility.