Kancera AB (Sweden) Price on September 27, 2024
KAN Stock | SEK 1.02 0.08 7.27% |
If you're considering investing in Kancera Stock, it is important to understand the factors that can impact its price. As of today, the current price of Kancera AB stands at 1.02, as last reported on the 26th of November, with the highest price reaching 1.10 and the lowest price hitting 1.00 during the day. Kancera AB has Sharpe Ratio of -0.12, which conveys that the firm had a -0.12% return per unit of risk over the last 3 months. Kancera AB exposes twenty-two different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please verify Kancera AB's Risk Adjusted Performance of (0.07), mean deviation of 4.21, and Standard Deviation of 7.97 to check out the risk estimate we provide.
Kancera Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
Kancera |
Sharpe Ratio = -0.1161
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Estimated Market Risk
8.02 actual daily | 71 71% of assets are less volatile |
Expected Return
-0.93 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 Kancera 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 Kancera AB by adding Kancera AB to a well-diversified portfolio.
Kancera AB Valuation on September 27, 2024
It is possible to determine the worth of Kancera AB on a given historical date. On September 27, 2024 Kancera was worth 2.0 at the beginning of the trading date compared to the closed value of 1.97. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Kancera AB stock. Still, in general, we apply an absolute valuation method to find Kancera 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 Kancera AB where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Kancera AB's related companies.
Open | High | Low | Close | Volume | |
2.04 | 2.08 | 2.00 | 2.00 | 65,987 | |
09/27/2024 | 2.00 | 2.05 | 1.94 | 1.97 | 70,365 |
1.97 | 1.97 | 1.93 | 1.97 | 60,805 |
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Kancera AB Trading Date Momentum on September 27, 2024
On September 30 2024 Kancera AB was traded for 1.97 at the closing time. The maximum traded price for the trading interval was 1.97 and the lowest daily price was 1.93 . The daily volume was recorded at 60.8 K. The volume of trading on 30th of September 2024 did not cause price change. The trading delta at closing time to the closing price today is 2.54% . |
Kancera AB Fundamentals Correlations and Trends
By evaluating Kancera 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 Kancera AB's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Kancera financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Kancera AB Stock history
Kancera 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 Kancera is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Kancera 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 Kancera AB stock prices may prove useful in developing a viable investing in Kancera AB
Kancera AB , a biotechnology company, engages in the development and sale of drug candidates to pharmaceutical companies in Sweden and internationally. The company was founded in 2010 and is based in Solna, Sweden. Kancera AB operates under Pharmaceuticals And Biosciences classification in Sweden and is traded on Stockholm Stock Exchange.
Kancera AB Stock Technical Analysis
Kancera 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
Kancera AB Period Price Range
Low | November 26, 2024
| High |
0.00 | 0.00 |
Kancera 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.
Kancera AB November 26, 2024 Market Strength
Market strength indicators help investors to evaluate how Kancera 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 Kancera AB shares will generate the highest return on investment. By undertsting and applying Kancera AB stock market strength indicators, traders can identify Kancera AB entry and exit signals to maximize returns
Kancera AB Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Kancera AB's price direction in advance. Along with the technical and fundamental analysis of Kancera Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Kancera 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 | (0.07) | |||
Jensen Alpha | (0.86) | |||
Total Risk Alpha | (2.11) | |||
Treynor Ratio | 7.57 |
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Additional Tools for Kancera Stock Analysis
When running Kancera AB's price analysis, check to measure Kancera 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 Kancera AB is operating at the current time. Most of Kancera AB's value examination focuses on studying past and present price action to predict the probability of Kancera 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 Kancera AB's price. Additionally, you may evaluate how the addition of Kancera AB to your portfolios can decrease your overall portfolio volatility.