Modelon AB (Sweden) Price on September 25, 2023

MODEL-B Stock  SEK 11.10  0.30  2.63%   
If you're considering investing in Modelon Stock, it is important to understand the factors that can impact its price. As of today, the current price of Modelon AB stands at 11.10, as last reported on the 30th of November, with the highest price reaching 11.40 and the lowest price hitting 11.10 during the day. Modelon AB Cl has Sharpe Ratio of -0.0166, which conveys that the firm had a -0.0166% return per unit of risk over the last 3 months. Modelon AB exposes twenty-four different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please verify Modelon AB's Mean Deviation of 1.97, risk adjusted performance of 0.0019, and Standard Deviation of 2.99 to check out the risk estimate we provide.
  
Modelon Stock price history is provided at the adjusted basis, taking into account all of the recent filings.

Sharpe Ratio = -0.0166

Best PortfolioBest Equity
Good Returns
Average Returns
Small Returns
CashSmall RiskAverage RiskHigh RiskHuge Risk
Negative ReturnsMODEL-B

Estimated Market Risk

 2.98
  actual daily
26
74% of assets are more volatile

Expected Return

 -0.05
  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 Modelon AB 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 Modelon AB by adding Modelon AB to a well-diversified portfolio.

Modelon AB Valuation on September 25, 2023

It is possible to determine the worth of Modelon AB on a given historical date. On September 25, 2023 Modelon was worth 12.1 at the beginning of the trading date compared to the closed value of 12.2. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Modelon AB stock. Still, in general, we apply an absolute valuation method to find Modelon 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 Modelon AB where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Modelon AB's related companies.
 Open High Low Close Volume
  12.00    13.00    11.90    12.60    14,535  
09/25/2023
  12.10    12.20    12.10    12.20    3,100  
  12.30    12.70    12.20    12.50    12,815  
Backtest Modelon AB  |  Modelon AB History  |  Modelon AB Valuation   PreviousNext  
Open Value
12.1
12.2
Closing Value
21.03
Upside

Modelon AB Trading Date Momentum on September 25, 2023

On September 26 2023 Modelon AB Cl was traded for  12.50  at the closing time. The highest price during the trading period was 12.70  and the lowest recorded bid was listed for  12.20 . The volume for the day was 12.8 K. This history from September 26, 2023 contributed to the next trading day price jump. The trading delta at closing time to the next closing price was 2.46% . The trading delta at closing time to the current price is 9.84% .

Modelon AB Cl Fundamentals Correlations and Trends

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

About Modelon AB Stock history

Modelon 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 Modelon is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Modelon AB Cl 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 Modelon AB stock prices may prove useful in developing a viable investing in Modelon AB
Modelon AB provides systems modeling and simulation software solutions in Sweden and internationally. The company was founded in 2004 and is headquartered in Lund, Sweden. Modelon AB operates under SoftwareApplication classification in Sweden and is traded on Stockholm Stock Exchange. It employs 100 people.

Modelon AB Stock Technical Analysis

Modelon 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.
A focus of Modelon AB technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of Modelon AB 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

Modelon AB Period Price Range

Low
November 30, 2024
0.00  NaN%
High

 0.00 

     

 0.00 

Modelon AB Cl 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.

Modelon AB November 30, 2024 Market Strength

Market strength indicators help investors to evaluate how Modelon 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 Modelon AB shares will generate the highest return on investment. By undertsting and applying Modelon AB stock market strength indicators, traders can identify Modelon AB Cl entry and exit signals to maximize returns

Modelon AB Technical and Predictive Indicators

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

When running Modelon AB's price analysis, check to measure Modelon 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 Modelon AB is operating at the current time. Most of Modelon AB's value examination focuses on studying past and present price action to predict the probability of Modelon 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 Modelon AB's price. Additionally, you may evaluate how the addition of Modelon AB to your portfolios can decrease your overall portfolio volatility.
Idea Breakdown
Analyze constituents of all Macroaxis ideas. Macroaxis investment ideas are predefined, sector-focused investing themes
Global Markets Map
Get a quick overview of global market snapshot using zoomable world map. Drill down to check world indexes
Insider Screener
Find insiders across different sectors to evaluate their impact on performance
ETFs
Find actively traded Exchange Traded Funds (ETF) from around the world
Money Managers
Screen money managers from public funds and ETFs managed around the world
Correlation Analysis
Reduce portfolio risk simply by holding instruments which are not perfectly correlated
Price Exposure Probability
Analyze equity upside and downside potential for a given time horizon across multiple markets
Portfolio Analyzer
Portfolio analysis module that provides access to portfolio diagnostics and optimization engine
Idea Optimizer
Use advanced portfolio builder with pre-computed micro ideas to build optimal portfolio