L E (Sweden) Price on February 3, 2023
LUND-B Stock | SEK 529.00 7.00 1.34% |
If you're considering investing in LUND-B Stock, it is important to understand the factors that can impact its price. As of today, the current price of L E stands at 529.00, as last reported on the 29th of November, with the highest price reaching 529.50 and the lowest price hitting 522.00 during the day. L E Lundbergfretagen has Sharpe Ratio of -0.13, which conveys that the company had a -0.13% return per unit of risk over the last 3 months. L E exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please verify L E's Mean Deviation of 0.7466, coefficient of variation of (933.03), and Standard Deviation of 0.9629 to check out the risk estimate we provide.
LUND-B Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
LUND-B |
Sharpe Ratio = -0.1283
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Estimated Market Risk
0.97 actual daily | 8 92% of assets are more volatile |
Expected Return
-0.12 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
-0.13 actual daily | 0 Most of other assets perform better |
Based on monthly moving average L E 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 L E by adding L E to a well-diversified portfolio.
L E Valuation on February 3, 2023
It is possible to determine the worth of L E on a given historical date. On February 3, 2023 LUND-B was worth 499.02 at the beginning of the trading date compared to the closed value of 501.58. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of L E stock. Still, in general, we apply an absolute valuation method to find L E'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 L E where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against L E's related companies.
Open | High | Low | Close | Volume | |
484.36 | 500.99 | 484.06 | 500.99 | 157,615 | |
02/03/2023 | 499.02 | 502.56 | 492.33 | 501.58 | 103,965 |
501.58 | 501.77 | 487.01 | 489.18 | 107,069 |
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L E Trading Date Momentum on February 3, 2023
On February 06 2023 L E Lundbergfretagen was traded for 489.18 at the closing time. The highest price during the trading period was 501.77 and the lowest recorded bid was listed for 487.01 . The volume for the day was 107.1 K. This history from February 6, 2023 contributed to the next trading day price decline. The trading delta at closing time to the next closing price was 2.47% . The trading delta at closing time to the current price is 4.53% . |
L E Lundbergfretagen Fundamentals Correlations and Trends
By evaluating L E'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 L E's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. LUND-B financial account trend analysis is a perfect complement when working with valuation or volatility modules.About L E Stock history
L E 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 LUND-B is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in L E Lundbergfretagen 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 L E stock prices may prove useful in developing a viable investing in L E
L E Lundbergfretagen AB , through its subsidiaries, manufactures and sells printing paper, paperboard, and sawn timber products primarily in Sweden. L E Lundbergfretagen AB was founded in 1944 and is headquartered in Stockholm, Sweden. Lundbergfretagen operates under Asset Management classification in Sweden and is traded on Stockholm Stock Exchange. It employs 3245 people.
L E Stock Technical Analysis
L E 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
L E Period Price Range
Low | November 29, 2024
| High |
0.00 | 0.00 |
L E Lundbergfretagen 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.
L E November 29, 2024 Market Strength
Market strength indicators help investors to evaluate how L E stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading L E shares will generate the highest return on investment. By undertsting and applying L E stock market strength indicators, traders can identify L E Lundbergfretagen entry and exit signals to maximize returns
L E Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for L E's price direction in advance. Along with the technical and fundamental analysis of LUND-B Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of LUND-B 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 | (0.17) | |||
Total Risk Alpha | (0.26) | |||
Treynor Ratio | (0.24) |
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Volume Indicators |
Complementary Tools for LUND-B Stock analysis
When running L E's price analysis, check to measure L E'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 L E is operating at the current time. Most of L E's value examination focuses on studying past and present price action to predict the probability of L E's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move L E's price. Additionally, you may evaluate how the addition of L E to your portfolios can decrease your overall portfolio volatility.
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