NOTE AB (Sweden) Price on November 1, 2023
NOTE Stock | SEK 127.30 1.10 0.87% |
If you're considering investing in NOTE Stock, it is important to understand the factors that can impact its price. As of today, the current price of NOTE AB stands at 127.30, as last reported on the 23rd of November, with the highest price reaching 128.00 and the lowest price hitting 125.80 during the day. NOTE AB has Sharpe Ratio of -0.0074, which conveys that the firm had a -0.0074% return per unit of standard deviation over the last 3 months. NOTE AB exposes twenty-four different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please verify NOTE AB's Mean Deviation of 1.59, risk adjusted performance of (0.01), and Market Risk Adjusted Performance of 0.2162 to check out the risk estimate we provide.
NOTE Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
NOTE |
Sharpe Ratio = -0.0074
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Estimated Market Risk
2.67 actual daily | 23 77% of assets are more volatile |
Expected Return
-0.02 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
-0.01 actual daily | 0 Most of other assets perform better |
Based on monthly moving average NOTE 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 NOTE AB by adding NOTE AB to a well-diversified portfolio.
NOTE AB Valuation on November 1, 2023
It is possible to determine the worth of NOTE AB on a given historical date. On November 1, 2023 NOTE was worth 146.4 at the beginning of the trading date compared to the closed value of 140.9. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of NOTE AB stock. Still, in general, we apply an absolute valuation method to find NOTE 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 NOTE AB where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against NOTE AB's related companies.
Open | High | Low | Close | Volume | |
142.90 | 146.20 | 138.10 | 146.10 | 204,466 | |
11/01/2023 | 146.40 | 147.60 | 140.10 | 140.90 | 85,186 |
140.90 | 147.80 | 140.50 | 146.80 | 104,119 |
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NOTE AB Trading Date Momentum on November 1, 2023
On November 02 2023 NOTE AB was traded for 146.80 at the closing time. The highest price during the trading period was 147.80 and the lowest recorded bid was listed for 140.50 . The volume for the day was 104.1 K. This history from November 2, 2023 contributed to the next trading day price appreciation. The trading delta at closing time to the next closing price was 4.19% . The trading delta at closing time to the current price is 11.28% . |
NOTE AB Fundamentals Correlations and Trends
By evaluating NOTE 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 NOTE AB's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. NOTE financial account trend analysis is a perfect complement when working with valuation or volatility modules.About NOTE AB Stock history
NOTE 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 NOTE is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in NOTE 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 NOTE AB stock prices may prove useful in developing a viable investing in NOTE AB
NOTE AB operates as a manufacturing and logistics partner for producing electronics-based products primarily in Sweden, Finland, the United Kingdom, Estonia, and China. NOTE AB was founded in 1999 and is headquartered in Kista, Sweden. NOTE AB operates under Electronic Components classification in Sweden and is traded on Stockholm Stock Exchange. It employs 1058 people.
NOTE AB Stock Technical Analysis
NOTE 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.
Price Boundaries
NOTE AB Period Price Range
Low | November 23, 2024
| High |
0.00 | 0.00 |
NOTE 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.
NOTE AB November 23, 2024 Market Strength
Market strength indicators help investors to evaluate how NOTE 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 NOTE AB shares will generate the highest return on investment. By undertsting and applying NOTE AB stock market strength indicators, traders can identify NOTE AB entry and exit signals to maximize returns
NOTE AB Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for NOTE AB's price direction in advance. Along with the technical and fundamental analysis of NOTE Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of NOTE 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 | (0.01) | |||
Jensen Alpha | (0.03) | |||
Total Risk Alpha | (0.41) | |||
Treynor Ratio | 0.2062 |
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Additional Tools for NOTE Stock Analysis
When running NOTE AB's price analysis, check to measure NOTE 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 NOTE AB is operating at the current time. Most of NOTE AB's value examination focuses on studying past and present price action to predict the probability of NOTE 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 NOTE AB's price. Additionally, you may evaluate how the addition of NOTE AB to your portfolios can decrease your overall portfolio volatility.