MilDef Group (Sweden) Price on December 2, 2024
| MILDEF Stock | 118.80 3.20 2.62% |
If you're considering investing in MilDef Stock, it is important to understand the factors that can impact its price. As of today, the current price of MilDef Group stands at 118.80, as last reported on the 11th of December 2024, with the highest price reaching 119.60 and the lowest price hitting 117.60 during the day. MilDef Group appears to be very steady, given 3 months investment horizon. MilDef Group AB has Sharpe Ratio of 0.23, which conveys that the firm had a 0.23% return per unit of risk over the last 3 months. By analyzing MilDef Group's technical indicators, you can evaluate if the expected return of 0.59% is justified by implied risk. Please exercise MilDef Group's Risk Adjusted Performance of 0.1759, downside deviation of 2.1, and Mean Deviation of 2.04 to check out if our risk estimates are consistent with your expectations.
MilDef Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
MilDef |
Sharpe Ratio = 0.2318
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Estimated Market Risk
| 2.53 actual daily | 22 78% of assets are more volatile |
Expected Return
| 0.59 actual daily | 11 89% of assets have higher returns |
Risk-Adjusted Return
| 0.23 actual daily | 18 82% of assets perform better |
Based on monthly moving average MilDef Group is performing at about 18% 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 MilDef Group by adding it to a well-diversified portfolio.
MilDef Group Valuation on December 2, 2024
It is possible to determine the worth of MilDef Group on a given historical date. On December 2, 2024 MilDef was worth 117.6 at the beginning of the trading date compared to the closed value of 121.0. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of MilDef Group stock. Still, in general, we apply an absolute valuation method to find MilDef Group'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 MilDef Group where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against MilDef Group's related companies.
| Open | High | Low | Close | Volume | |
| 115.00 | 119.00 | 114.00 | 118.00 | 189,080 | |
12/02/2024 | 117.60 | 123.00 | 117.40 | 121.00 | 285,927 |
| 122.00 | 125.00 | 119.40 | 120.80 | 382,615 |
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MilDef Group Trading Date Momentum on December 2, 2024
| On December 03 2024 MilDef Group AB was traded for 120.80 at the closing time. The highest price during the trading period was 125.00 and the lowest recorded bid was listed for 119.40 . The volume for the day was 382.6 K. This history from December 3, 2024 contributed to the next trading day price decline. The trading delta at closing time to the next closing price was 0.17% . The trading delta at closing time to the current price is 1.82% . |
MilDef Group AB Fundamentals Correlations and Trends
By evaluating MilDef Group'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 MilDef Group's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. MilDef financial account trend analysis is a perfect complement when working with valuation or volatility modules.About MilDef Group Stock history
MilDef Group 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 MilDef is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in MilDef Group 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 MilDef Group stock prices may prove useful in developing a viable investing in MilDef Group
MilDef Group Stock Technical Analysis
MilDef Group 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
MilDef Group Period Price Range
Low | December 11, 2024
| High |
0.00 | 0.00 |
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MilDef Group December 11, 2024 Market Strength
Market strength indicators help investors to evaluate how MilDef Group stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading MilDef Group shares will generate the highest return on investment. By undertsting and applying MilDef Group stock market strength indicators, traders can identify MilDef Group AB entry and exit signals to maximize returns
MilDef Group Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for MilDef Group's price direction in advance. Along with the technical and fundamental analysis of MilDef Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of MilDef 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 | 0.1759 | |||
| Jensen Alpha | 0.5588 | |||
| Total Risk Alpha | 0.1783 | |||
| Sortino Ratio | 0.2192 | |||
| Treynor Ratio | 4.17 |
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Complementary Tools for MilDef Stock analysis
When running MilDef Group's price analysis, check to measure MilDef Group'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 MilDef Group is operating at the current time. Most of MilDef Group's value examination focuses on studying past and present price action to predict the probability of MilDef Group's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move MilDef Group's price. Additionally, you may evaluate how the addition of MilDef Group to your portfolios can decrease your overall portfolio volatility.
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