Mofast AB (Sweden) Price on September 3, 2024

MOFAST Stock   14.50  0.50  3.57%   
If you're considering investing in Mofast Stock, it is important to understand the factors that can impact its price. As of today, the current price of Mofast AB stands at 14.50, as last reported on the 25th of November, with the highest price reaching 14.50 and the lowest price hitting 14.20 during the day. Mofast AB has Sharpe Ratio of -0.0651, which conveys that the firm had a -0.0651% return per unit of risk over the last 3 months. Mofast AB exposes thirty different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please verify Mofast AB's Risk Adjusted Performance of 0.0222, downside deviation of 2.87, and Mean Deviation of 2.18 to check out the risk estimate we provide.
  
Mofast Stock price history is provided at the adjusted basis, taking into account all of the recent filings.

Sharpe Ratio = -0.0651

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Estimated Market Risk

 2.77
  actual daily
24
76% of assets are more volatile

Expected Return

 -0.18
  actual daily
0
Most of other assets have higher returns

Risk-Adjusted Return

 -0.07
  actual daily
0
Most of other assets perform better
Based on monthly moving average Mofast 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 Mofast AB by adding Mofast AB to a well-diversified portfolio.

Mofast AB Valuation on September 3, 2024

It is possible to determine the worth of Mofast AB on a given historical date. On September 3, 2024 Mofast was worth 17.5 at the beginning of the trading date compared to the closed value of 16.3. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Mofast AB stock. Still, in general, we apply an absolute valuation method to find Mofast 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 Mofast AB where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Mofast AB's related companies.
 Open High Low Close Volume
  16.50    17.00    16.50    16.90    5,123  
09/03/2024
  17.50    17.50    16.30    16.30    10,900  
  16.20    16.20    15.50    16.20    1,791  
Backtest Mofast AB  |  Mofast AB History  PreviousNext  
Open Value
17.5
16.3
Closing Value
25.80
Upside

Mofast AB Trading Date Momentum on September 3, 2024

On September 04 2024 Mofast AB was traded for  16.20  at the closing time. The highest price during the trading period was 16.20  and the lowest recorded bid was listed for  15.50 . The volume for the day was 1.8 K. This history from September 4, 2024 contributed to the next trading day price decline. The trading delta at closing time to the next closing price was 0.61% . The trading delta at closing time to the current price is 10.43% .

About Mofast AB Stock history

Mofast 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 Mofast is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Mofast 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 Mofast AB stock prices may prove useful in developing a viable investing in Mofast AB

Mofast AB Stock Technical Analysis

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

Mofast AB Period Price Range

Low
November 25, 2024
0.00  NaN%
High

 0.00 

     

 0.00 

Mofast 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.

Mofast AB November 25, 2024 Market Strength

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

Mofast AB Technical and Predictive Indicators

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

When running Mofast AB's price analysis, check to measure Mofast 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 Mofast AB is operating at the current time. Most of Mofast AB's value examination focuses on studying past and present price action to predict the probability of Mofast 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 Mofast AB's price. Additionally, you may evaluate how the addition of Mofast AB to your portfolios can decrease your overall portfolio volatility.
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