Malmbergs Elektriska (Sweden) Price on April 21, 2023

MEAB-B Stock  SEK 40.50  0.50  1.22%   
If you're considering investing in Malmbergs Stock, it is important to understand the factors that can impact its price. As of today, the current price of Malmbergs Elektriska stands at 40.50, as last reported on the 30th of November, with the highest price reaching 40.50 and the lowest price hitting 40.50 during the day. Malmbergs Elektriska has Sharpe Ratio of -0.0198, which conveys that the firm had a -0.0198% return per unit of risk over the last 3 months. Malmbergs Elektriska exposes twenty-two different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please verify Malmbergs Elektriska's Mean Deviation of 1.17, risk adjusted performance of (0.01), and Standard Deviation of 1.6 to check out the risk estimate we provide.
  
Malmbergs Stock price history is provided at the adjusted basis, taking into account all of the recent filings.

Sharpe Ratio = -0.0198

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Estimated Market Risk

 1.6
  actual daily
14
86% of assets are more volatile

Expected Return

 -0.03
  actual daily
0
Most of other assets have higher returns

Risk-Adjusted Return

 -0.02
  actual daily
0
Most of other assets perform better
Based on monthly moving average Malmbergs Elektriska 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 Malmbergs Elektriska by adding Malmbergs Elektriska to a well-diversified portfolio.

Malmbergs Elektriska Valuation on April 21, 2023

It is possible to determine the worth of Malmbergs Elektriska on a given historical date. On April 21, 2023 Malmbergs was worth 47.65 at the beginning of the trading date compared to the closed value of 47.84. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Malmbergs Elektriska stock. Still, in general, we apply an absolute valuation method to find Malmbergs Elektriska'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 Malmbergs Elektriska where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Malmbergs Elektriska's related companies.
 Open High Low Close Volume
  48.02    48.02    48.02    48.02    14.00  
04/21/2023
  47.65    48.39    47.65    47.84    774.00  
  47.84    48.39    46.00    48.39    12,006  
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Open Value
47.65
47.84
Closing Value
52.46
Upside

Malmbergs Elektriska Trading Date Momentum on April 21, 2023

On April 24 2023 Malmbergs Elektriska AB was traded for  48.39  at the closing time. The highest price during the trading period was 48.39  and the lowest recorded bid was listed for  46.00 . The volume for the day was 12 K. This history from April 24, 2023 contributed to the next trading day price jump. The trading delta at closing time to the next closing price was 1.15% . The trading delta at closing time to the current price is 0.06% .

Malmbergs Elektriska Fundamentals Correlations and Trends

By evaluating Malmbergs Elektriska'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 Malmbergs Elektriska's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Malmbergs financial account trend analysis is a perfect complement when working with valuation or volatility modules.

About Malmbergs Elektriska Stock history

Malmbergs Elektriska 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 Malmbergs is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Malmbergs Elektriska 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 Malmbergs Elektriska stock prices may prove useful in developing a viable investing in Malmbergs Elektriska
Malmbergs Elektriska AB supplies electric materials for contractors, industries, and retailers in Sweden and internationally. Malmbergs Elektriska AB was founded in 1916 and is headquartered in Kumla, Sweden. Malmbergs Elektriska operates under Electronic Components classification in Sweden and is traded on Stockholm Stock Exchange.

Malmbergs Elektriska Stock Technical Analysis

Malmbergs Elektriska 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.
A focus of Malmbergs Elektriska technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of Malmbergs Elektriska trading pattern rather than external drivers such as economic, fundamental, or social events. It is believed that price action tends to repeat itself due to investors' collective, patterned behavior. Hence technical analysis focuses on identifiable price trends and conditions. More Info...

Price Boundaries

Malmbergs Elektriska Period Price Range

Low
November 30, 2024
0.00  NaN%
High

 0.00 

     

 0.00 

Malmbergs Elektriska 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.

Malmbergs Elektriska November 30, 2024 Market Strength

Market strength indicators help investors to evaluate how Malmbergs Elektriska stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Malmbergs Elektriska shares will generate the highest return on investment. By undertsting and applying Malmbergs Elektriska stock market strength indicators, traders can identify Malmbergs Elektriska AB entry and exit signals to maximize returns

Malmbergs Elektriska Technical and Predictive Indicators

Predictive indicators are helping investors to find signals for Malmbergs Elektriska's price direction in advance. Along with the technical and fundamental analysis of Malmbergs Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Malmbergs 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.

Complementary Tools for Malmbergs Stock analysis

When running Malmbergs Elektriska's price analysis, check to measure Malmbergs Elektriska'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 Malmbergs Elektriska is operating at the current time. Most of Malmbergs Elektriska's value examination focuses on studying past and present price action to predict the probability of Malmbergs Elektriska's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Malmbergs Elektriska's price. Additionally, you may evaluate how the addition of Malmbergs Elektriska to your portfolios can decrease your overall portfolio volatility.
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