Lipum AB (Sweden) Price on August 31, 2023
| LIPUM Stock | SEK 16.70 0.40 2.34% |
If you're considering investing in Lipum Stock, it is important to understand the factors that can impact its price. As of today, the current price of Lipum AB stands at 16.70, as last reported on the 23rd of November, with the highest price reaching 17.40 and the lowest price hitting 16.40 during the day. Lipum AB appears to be not too volatile, given 3 months investment horizon. Lipum 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. We have found thirty technical indicators for Lipum AB, which you can use to evaluate the volatility of the firm. Please exercise Lipum AB's Mean Deviation of 2.8, risk adjusted performance of 0.1232, and Downside Deviation of 2.81 to check out if our risk estimates are consistent with your expectations.
Lipum Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
Lipum |
Sharpe Ratio = 0.1202
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Estimated Market Risk
| 3.51 actual daily | 31 69% of assets are more volatile |
Expected Return
| 0.42 actual daily | 8 92% of assets have higher returns |
Risk-Adjusted Return
| 0.12 actual daily | 9 91% of assets perform better |
Based on monthly moving average Lipum AB 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 Lipum AB by adding it to a well-diversified portfolio.
Lipum AB Valuation on August 31, 2023
It is possible to determine the worth of Lipum AB on a given historical date. On August 31, 2023 Lipum was worth 8.92 at the beginning of the trading date compared to the closed value of 9.5. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Lipum AB stock. Still, in general, we apply an absolute valuation method to find Lipum 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 Lipum AB where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Lipum AB's related companies.
| Open | High | Low | Close | Volume | |
| 9.64 | 9.64 | 9.64 | 9.64 | 1.00 | |
08/31/2023 | 8.92 | 9.52 | 8.58 | 9.50 | 6,296 |
| 8.82 | 9.00 | 8.82 | 9.00 | 1,069 |
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Lipum AB Trading Date Momentum on August 31, 2023
| On September 01 2023 Lipum AB was traded for 9.00 at the closing time. The highest price during the trading period was 9.00 and the lowest recorded bid was listed for 8.82 . The volume for the day was 1.1 K. This history from September 1, 2023 contributed to the next trading day price decline. The trading delta at closing time to the next closing price was 5.26% . The trading delta at closing time to the current price is 1.47% . |
Lipum AB Fundamentals Correlations and Trends
By evaluating Lipum 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 Lipum AB's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Lipum financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Lipum AB Stock history
Lipum 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 Lipum is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Lipum 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 Lipum AB stock prices may prove useful in developing a viable investing in Lipum AB
Lipum AB , a biopharmaceutical company, engages in the discovery and development of treatment for chronic inflammatory diseases in Sweden. The company was founded in 2010 and is headquartered in Ume, Sweden. Lipum AB is traded on Stockholm Stock Exchange in Sweden.
Lipum AB Stock Technical Analysis
Lipum 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
Lipum AB Period Price Range
Low | November 23, 2024
| High |
0.00 | 0.00 |
Lipum 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.
Lipum AB November 23, 2024 Market Strength
Market strength indicators help investors to evaluate how Lipum 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 Lipum AB shares will generate the highest return on investment. By undertsting and applying Lipum AB stock market strength indicators, traders can identify Lipum AB entry and exit signals to maximize returns
Lipum AB Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Lipum AB's price direction in advance. Along with the technical and fundamental analysis of Lipum Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Lipum 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 | 0.1232 | |||
| Jensen Alpha | 0.4872 | |||
| Total Risk Alpha | 0.064 | |||
| Sortino Ratio | 0.1521 | |||
| Treynor Ratio | 1.32 |
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Additional Tools for Lipum Stock Analysis
When running Lipum AB's price analysis, check to measure Lipum 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 Lipum AB is operating at the current time. Most of Lipum AB's value examination focuses on studying past and present price action to predict the probability of Lipum 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 Lipum AB's price. Additionally, you may evaluate how the addition of Lipum AB to your portfolios can decrease your overall portfolio volatility.