Online Brands (Sweden) Price on April 30, 2023
| OBAB Stock | SEK 13.60 0.15 1.12% |
If you're considering investing in Online Stock, it is important to understand the factors that can impact its price. As of today, the current price of Online Brands stands at 13.60, as last reported on the 11th of December 2024, with the highest price reaching 13.95 and the lowest price hitting 12.85 during the day. Online Brands appears to be slightly risky, given 3 months investment horizon. Online Brands Nordic maintains Sharpe Ratio (i.e., Efficiency) of 0.12, which implies the firm had a 0.12% return per unit of risk over the last 3 months. By analyzing Online Brands' technical indicators, you can evaluate if the expected return of 0.6% is justified by implied risk. Please evaluate Online Brands' Semi Deviation of 3.3, risk adjusted performance of 0.1078, and Coefficient Of Variation of 727.59 to confirm if our risk estimates are consistent with your expectations.
Online Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
Online |
Sharpe Ratio = 0.1243
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Estimated Market Risk
| 4.81 actual daily | 42 58% of assets are more volatile |
Expected Return
| 0.6 actual daily | 11 89% of assets have higher returns |
Risk-Adjusted Return
| 0.12 actual daily | 9 91% of assets perform better |
Based on monthly moving average Online Brands is performing at about 9% 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 Online Brands by adding it to a well-diversified portfolio.
Online Brands Valuation on April 30, 2023
It is possible to determine the worth of Online Brands on a given historical date. On April 30, 2023 Online was worth 17.9 at the beginning of the trading date compared to the closed value of 18.85. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Online Brands stock. Still, in general, we apply an absolute valuation method to find Online Brands' 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 Online Brands where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Online Brands' related companies.
| Open | High | Low | Close | Volume | |
| 18.65 | 18.65 | 18.65 | 18.65 | 1.00 | |
04/28/2023 | 17.90 | 18.85 | 17.50 | 18.85 | 331.00 |
| 18.65 | 19.35 | 18.60 | 19.30 | 78,255 |
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Online Brands Trading Date Momentum on April 30, 2023
| On May 02 2023 Online Brands Nordic was traded for 19.30 at the closing time. The highest price during the trading period was 19.35 and the lowest recorded bid was listed for 18.60 . The volume for the day was 78.3 K. This history from May 2, 2023 contributed to the next trading day price appreciation. The trading delta at closing time to the next closing price was 2.39% . The trading delta at closing time to the current price is 1.59% . |
Online Brands Nordic Fundamentals Correlations and Trends
By evaluating Online Brands' financials over time, investors can gain insight into future company performance. However, you can also analyze the published financial statements to find patterns among Online Brands' main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Online financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Online Brands Stock history
Online Brands 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 Online is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Online Brands Nordic 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 Online Brands stock prices may prove useful in developing a viable investing in Online Brands
Online Brands Nordic AB operates online jewelry stores. It sells gold, silver, diamond, and other jewelry and watches and food items through e-commerce store, hedbergsguld.se, as well as a store in Dalsjfors. Online Brands operates under Cosmetics Jewellery And Luxury Products classification in Sweden and is traded on Stockholm Stock Exchange.
Online Brands Stock Technical Analysis
Online Brands 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
Online Brands Period Price Range
Low | December 11, 2024
| High |
0.00 | 0.00 |
Online Brands Nordic 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.
Online Brands December 11, 2024 Market Strength
Market strength indicators help investors to evaluate how Online Brands stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Online Brands shares will generate the highest return on investment. By undertsting and applying Online Brands stock market strength indicators, traders can identify Online Brands Nordic entry and exit signals to maximize returns
Online Brands Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Online Brands' price direction in advance. Along with the technical and fundamental analysis of Online Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Online 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 | 0.1078 | |||
| Jensen Alpha | 0.6526 | |||
| Total Risk Alpha | (0.11) | |||
| Sortino Ratio | 0.1286 | |||
| Treynor Ratio | (7.40) |
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Additional Tools for Online Stock Analysis
When running Online Brands' price analysis, check to measure Online Brands' 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 Online Brands is operating at the current time. Most of Online Brands' value examination focuses on studying past and present price action to predict the probability of Online Brands' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Online Brands' price. Additionally, you may evaluate how the addition of Online Brands to your portfolios can decrease your overall portfolio volatility.