Kentima Holding (Sweden) Price on October 15, 2024
| KENH Stock | SEK 2.10 0.02 0.94% |
If you're considering investing in Kentima Stock, it is important to understand the factors that can impact its price. As of today, the current price of Kentima Holding stands at 2.10, as last reported on the 30th of November, with the highest price reaching 2.12 and the lowest price hitting 2.04 during the day. Kentima Holding appears to be dangerous, given 3 months investment horizon. Kentima Holding publ 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. By analyzing Kentima Holding's technical indicators, you can evaluate if the expected return of 0.58% is justified by implied risk. Please exercise Kentima Holding's Downside Deviation of 4.85, mean deviation of 3.62, and Risk Adjusted Performance of 0.0852 to check out if our risk estimates are consistent with your expectations.
Kentima Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
Kentima |
Sharpe Ratio = 0.1187
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Estimated Market Risk
| 4.85 actual daily | 43 57% of assets are more volatile |
Expected Return
| 0.58 actual daily | 11 89% of assets have higher returns |
Risk-Adjusted Return
| 0.12 actual daily | 9 91% of assets perform better |
Based on monthly moving average Kentima Holding is performing at about 9% 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 Kentima Holding by adding it to a well-diversified portfolio.
Kentima Holding Valuation on October 15, 2024
It is possible to determine the worth of Kentima Holding on a given historical date. On October 15, 2024 Kentima was worth 2.28 at the beginning of the trading date compared to the closed value of 2.4. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Kentima Holding stock. Still, in general, we apply an absolute valuation method to find Kentima Holding'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 Kentima Holding where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Kentima Holding's related companies.
| Open | High | Low | Close | Volume | |
| 2.20 | 2.22 | 2.20 | 2.20 | 3,034 | |
10/15/2024 | 2.28 | 2.40 | 2.22 | 2.40 | 8,450 |
| 2.22 | 2.22 | 2.22 | 2.22 | 4,993 |
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Kentima Holding Trading Date Momentum on October 15, 2024
| On October 16 2024 Kentima Holding publ was traded for 2.22 at the closing time. The highest price during the trading period was 2.22 and the lowest recorded bid was listed for 2.22 . The volume for the day was 5 K. This history from October 16, 2024 contributed to the next trading day price decline. The trading delta at closing time to the next closing price was 7.50% . The trading delta at closing time to the current price is 3.33% . |
Kentima Holding publ Fundamentals Correlations and Trends
By evaluating Kentima Holding'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 Kentima Holding's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Kentima financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Kentima Holding Stock history
Kentima Holding 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 Kentima is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Kentima Holding publ 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 Kentima Holding stock prices may prove useful in developing a viable investing in Kentima Holding
Kentima Holding AB develops, manufactures, and sells products for the automation and security sector. It sells its products primarily through distributors and resellers. Kentima Holding operates under Security Products And Services classification in Sweden and is traded on Stockholm Stock Exchange.
Kentima Holding Stock Technical Analysis
Kentima Holding 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
Kentima Holding Period Price Range
Low | November 30, 2024
| High |
0.00 | 0.00 |
Kentima Holding publ 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.
Kentima Holding November 30, 2024 Market Strength
Market strength indicators help investors to evaluate how Kentima Holding stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Kentima Holding shares will generate the highest return on investment. By undertsting and applying Kentima Holding stock market strength indicators, traders can identify Kentima Holding publ entry and exit signals to maximize returns
Kentima Holding Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Kentima Holding's price direction in advance. Along with the technical and fundamental analysis of Kentima Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Kentima 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 | 0.0852 | |||
| Jensen Alpha | 0.522 | |||
| Total Risk Alpha | (0.34) | |||
| Sortino Ratio | 0.0733 | |||
| Treynor Ratio | (1.58) |
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Additional Tools for Kentima Stock Analysis
When running Kentima Holding's price analysis, check to measure Kentima Holding'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 Kentima Holding is operating at the current time. Most of Kentima Holding's value examination focuses on studying past and present price action to predict the probability of Kentima Holding's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Kentima Holding's price. Additionally, you may evaluate how the addition of Kentima Holding to your portfolios can decrease your overall portfolio volatility.