Opter AB (Sweden) Price on October 11, 2024
| OPTER Stock | 118.50 2.00 1.66% |
If you're considering investing in Opter Stock, it is important to understand the factors that can impact its price. As of today, the current price of Opter AB stands at 118.50, as last reported on the 26th of November, with the highest price reaching 122.00 and the lowest price hitting 118.50 during the day. Opter AB appears to be very steady, given 3 months investment horizon. Opter AB maintains Sharpe Ratio (i.e., Efficiency) of 0.15, which implies the firm had a 0.15% return per unit of risk over the last 3 months. We have found twenty-nine technical indicators for Opter AB, which you can use to evaluate the volatility of the company. Please evaluate Opter AB's Coefficient Of Variation of 616.22, risk adjusted performance of 0.1301, and Semi Deviation of 1.73 to confirm if our risk estimates are consistent with your expectations.
Opter Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
Opter |
Sharpe Ratio = 0.1461
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Estimated Market Risk
| 1.96 actual daily | 17 83% of assets are more volatile |
Expected Return
| 0.29 actual daily | 5 95% of assets have higher returns |
Risk-Adjusted Return
| 0.15 actual daily | 11 89% of assets perform better |
Based on monthly moving average Opter AB is performing at about 11% 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 Opter AB by adding it to a well-diversified portfolio.
Opter AB Valuation on October 11, 2024
It is possible to determine the worth of Opter AB on a given historical date. On October 11, 2024 Opter was worth 108.5 at the beginning of the trading date compared to the closed value of 104.0. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Opter AB stock. Still, in general, we apply an absolute valuation method to find Opter 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 Opter AB where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Opter AB's related companies.
| Open | High | Low | Close | Volume | |
| 107.00 | 107.50 | 104.50 | 105.00 | 2,608 | |
10/11/2024 | 108.50 | 108.50 | 104.00 | 104.00 | 937.00 |
| 104.00 | 106.50 | 104.00 | 106.00 | 1,836 |
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Opter AB Trading Date Momentum on October 11, 2024
| On October 14 2024 Opter AB was traded for 106.00 at the closing time. The highest price during the trading period was 106.50 and the lowest recorded bid was listed for 104.00 . The volume for the day was 1.8 K. This history from October 14, 2024 contributed to the next trading day price appreciation. The trading delta at closing time to the next closing price was 1.92% . The trading delta at closing time to the current price is 2.40% . |
Opter AB Fundamentals Correlations and Trends
By evaluating Opter 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 Opter AB's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Opter financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Opter AB Stock history
Opter 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 Opter is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Opter 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 Opter AB stock prices may prove useful in developing a viable investing in Opter AB
Opter AB Stock Technical Analysis
Opter 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
Opter AB Period Price Range
Low | November 26, 2024
| High |
0.00 | 0.00 |
Opter 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.
Opter AB November 26, 2024 Market Strength
Market strength indicators help investors to evaluate how Opter 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 Opter AB shares will generate the highest return on investment. By undertsting and applying Opter AB stock market strength indicators, traders can identify Opter AB entry and exit signals to maximize returns
Opter AB Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Opter AB's price direction in advance. Along with the technical and fundamental analysis of Opter Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Opter 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 | 0.1301 | |||
| Jensen Alpha | 0.3328 | |||
| Total Risk Alpha | 0.0036 | |||
| Sortino Ratio | 0.0892 | |||
| Treynor Ratio | (1.23) |
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Additional Tools for Opter Stock Analysis
When running Opter AB's price analysis, check to measure Opter 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 Opter AB is operating at the current time. Most of Opter AB's value examination focuses on studying past and present price action to predict the probability of Opter 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 Opter AB's price. Additionally, you may evaluate how the addition of Opter AB to your portfolios can decrease your overall portfolio volatility.