TELE2 B (Germany) Price on December 18, 2024
| NCYD Stock | EUR 9.85 0.07 0.72% |
If you're considering investing in TELE2 Stock, it is important to understand the factors that can impact its price. As of today, the current price of TELE2 B stands at 9.85, as last reported on the 18th of December 2024, with the highest price reaching 9.85 and the lowest price hitting 9.85 during the day. TELE2 B appears to be slightly risky, given 3 months investment horizon. TELE2 B owns Efficiency Ratio (i.e., Sharpe Ratio) of 0.11, which indicates the firm had a 0.11% return per unit of standard deviation over the last 3 months. By examining TELE2 B's technical indicators, you can evaluate if the expected return of 0.74% is justified by implied risk. Please review TELE2 B's risk adjusted performance of 0.0883, and Standard Deviation of 6.45 to confirm if our risk estimates are consistent with your expectations.
TELE2 Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
TELE2 |
Sharpe Ratio = 0.1127
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Estimated Market Risk
| 6.55 actual daily | 58 58% of assets are less volatile |
Expected Return
| 0.74 actual daily | 14 86% of assets have higher returns |
Risk-Adjusted Return
| 0.11 actual daily | 8 92% of assets perform better |
Based on monthly moving average TELE2 B is performing at about 8% 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 TELE2 B by adding it to a well-diversified portfolio.
TELE2 B Valuation on October 8, 2024
It is possible to determine the worth of TELE2 B on a given historical date. On October 8, 2024 TELE2 was worth 6.47 at the beginning of the trading date compared to the closed value of 6.47. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of TELE2 B stock. Still, in general, we apply an absolute valuation method to find TELE2 B'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 TELE2 B where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against TELE2 B's related companies.
| Open | High | Low | Close | Volume | |
| 6.61 | 6.61 | 6.48 | 6.61 | 1.00 | |
10/08/2024 | 6.47 | 6.47 | 6.47 | 6.47 | 1.00 |
| 6.59 | 6.59 | 6.59 | 6.59 | 1.00 |
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TELE2 B Trading Date Momentum on October 8, 2024
| On October 09 2024 TELE2 B was traded for 6.59 at the closing time. The highest price during the trading period was 6.59 and the lowest recorded bid was listed for 6.59 . There was no trading activity during the period 1.0. Lack of trading volume on October 9, 2024 contributed to the next trading day price appreciation. The trading delta at closing time to the next closing price was 1.85% . The trading price change to the current price is 55.18% . |
TELE2 B Fundamentals Correlations and Trends
By evaluating TELE2 B'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 TELE2 B's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. TELE2 financial account trend analysis is a perfect complement when working with valuation or volatility modules.About TELE2 B Stock history
TELE2 B 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 TELE2 is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in TELE2 B 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 TELE2 B stock prices may prove useful in developing a viable investing in TELE2 B
TELE2 B Stock Technical Analysis
TELE2 B 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
TELE2 B Period Price Range
Low | December 18, 2024
| High |
0.00 | 0.00 |
TELE2 B cannot be verified against its exchange. Please verify the symbol is currently traded on Munich 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.
TELE2 B December 18, 2024 Market Strength
Market strength indicators help investors to evaluate how TELE2 B stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading TELE2 B shares will generate the highest return on investment. By undertsting and applying TELE2 B stock market strength indicators, traders can identify TELE2 B entry and exit signals to maximize returns
TELE2 B Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for TELE2 B's price direction in advance. Along with the technical and fundamental analysis of TELE2 Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of TELE2 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 | 0.0883 | |||
| Jensen Alpha | 0.6439 | |||
| Total Risk Alpha | 0.1836 | |||
| Sortino Ratio | 0.4955 | |||
| Treynor Ratio | 0.7515 |
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Additional Tools for TELE2 Stock Analysis
When running TELE2 B's price analysis, check to measure TELE2 B'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 TELE2 B is operating at the current time. Most of TELE2 B's value examination focuses on studying past and present price action to predict the probability of TELE2 B's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move TELE2 B's price. Additionally, you may evaluate how the addition of TELE2 B to your portfolios can decrease your overall portfolio volatility.