Lidds AB (Sweden) Price on February 28, 2024
| LIDDS Stock | SEK 0.12 0.01 7.69% |
If you're considering investing in Lidds Stock, it is important to understand the factors that can impact its price. As of today, the current price of Lidds AB stands at 0.12, as last reported on the 24th of November, with the highest price reaching 0.13 and the lowest price hitting 0.11 during the day. Lidds AB appears to be out of control, given 3 months investment horizon. Lidds AB has Sharpe Ratio of 0.0473, which conveys that the firm had a 0.0473% return per unit of risk over the last 3 months. By analyzing Lidds AB's technical indicators, you can evaluate if the expected return of 0.55% is justified by implied risk. Please exercise Lidds AB's Downside Deviation of 14.86, risk adjusted performance of 0.0456, and Mean Deviation of 7.56 to check out if our risk estimates are consistent with your expectations.
Lidds Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
Lidds |
Sharpe Ratio = 0.0473
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Estimated Market Risk
| 11.62 actual daily | 96 96% of assets are less volatile |
Expected Return
| 0.55 actual daily | 10 90% of assets have higher returns |
Risk-Adjusted Return
| 0.05 actual daily | 3 97% of assets perform better |
Based on monthly moving average Lidds AB is performing at about 3% 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 Lidds AB by adding it to a well-diversified portfolio.
Lidds AB Valuation on February 28, 2024
It is possible to determine the worth of Lidds AB on a given historical date. On February 28, 2024 Lidds was worth 0.15 at the beginning of the trading date compared to the closed value of 0.16. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Lidds AB stock. Still, in general, we apply an absolute valuation method to find Lidds 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 Lidds AB where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Lidds AB's related companies.
| Open | High | Low | Close | Volume | |
| 0.18 | 0.18 | 0.15 | 0.17 | 117,438 | |
02/28/2024 | 0.15 | 0.17 | 0.15 | 0.16 | 197,757 |
| 0.16 | 0.16 | 0.16 | 0.16 | 34,304 |
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Lidds AB Trading Date Momentum on February 28, 2024
| On February 29 2024 Lidds AB was traded for 0.16 at the closing time. The highest price during the trading period was 0.16 and the lowest recorded bid was listed for 0.16 . The volume for the day was 34.3 K. This history from February 29, 2024 did not cause price change. The trading delta at closing time to the current price is 6.25% . |
Lidds AB Fundamentals Correlations and Trends
By evaluating Lidds 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 Lidds AB's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Lidds financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Lidds AB Stock history
Lidds 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 Lidds is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Lidds 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 Lidds AB stock prices may prove useful in developing a viable investing in Lidds AB
LIDDS AB develops and sells pharmaceutical products for cancer and other diseases worldwide. It is developing various drugs, such as NZ-2HOF to treat prostate cancer NZ-DTX for lung cancer and solid tumors NZ-DOX for solid tumors NZ-IO, an antibody-based immunotherapy NZ-STING for immuno-oncology and NZ-BELINA for breast cancer. LIDDS AB operates under Pharmaceuticals And Biosciences classification in Sweden and is traded on Stockholm Stock Exchange.
Lidds AB Stock Technical Analysis
Lidds 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
Lidds AB Period Price Range
Low | November 24, 2024
| High |
0.00 | 0.00 |
Lidds 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.
Lidds AB November 24, 2024 Market Strength
Market strength indicators help investors to evaluate how Lidds 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 Lidds AB shares will generate the highest return on investment. By undertsting and applying Lidds AB stock market strength indicators, traders can identify Lidds AB entry and exit signals to maximize returns
Lidds AB Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Lidds AB's price direction in advance. Along with the technical and fundamental analysis of Lidds Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Lidds 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 | 0.0456 | |||
| Jensen Alpha | 0.7904 | |||
| Total Risk Alpha | (1.29) | |||
| Sortino Ratio | 0.0282 | |||
| Treynor Ratio | (0.26) |
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Additional Tools for Lidds Stock Analysis
When running Lidds AB's price analysis, check to measure Lidds 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 Lidds AB is operating at the current time. Most of Lidds AB's value examination focuses on studying past and present price action to predict the probability of Lidds 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 Lidds AB's price. Additionally, you may evaluate how the addition of Lidds AB to your portfolios can decrease your overall portfolio volatility.