OptiCept Technologies (Sweden) Price on September 23, 2024
| OPTI Stock | SEK 5.05 0.02 0.39% |
If you're considering investing in OptiCept Stock, it is important to understand the factors that can impact its price. As of today, the current price of OptiCept Technologies stands at 5.05, as last reported on the 30th of November, with the highest price reaching 5.09 and the lowest price hitting 4.93 during the day. OptiCept Technologies maintains Sharpe Ratio (i.e., Efficiency) of -0.0295, which implies the firm had a -0.0295% return per unit of risk over the last 3 months. OptiCept Technologies exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please check OptiCept Technologies' Variance of 22.82, coefficient of variation of (3,543), and Risk Adjusted Performance of (0.01) to confirm the risk estimate we provide.
OptiCept Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
OptiCept |
Sharpe Ratio = -0.0295
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Estimated Market Risk
| 4.81 actual daily | 42 58% of assets are more volatile |
Expected Return
| -0.14 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| -0.03 actual daily | 0 Most of other assets perform better |
Based on monthly moving average OptiCept Technologies 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 OptiCept Technologies by adding OptiCept Technologies to a well-diversified portfolio.
OptiCept Technologies Valuation on September 23, 2024
It is possible to determine the worth of OptiCept Technologies on a given historical date. On September 23, 2024 OptiCept was worth 6.19 at the beginning of the trading date compared to the closed value of 5.85. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of OptiCept Technologies stock. Still, in general, we apply an absolute valuation method to find OptiCept Technologies' 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 OptiCept Technologies where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against OptiCept Technologies' related companies.
| Open | High | Low | Close | Volume | |
| 6.32 | 6.50 | 6.00 | 6.08 | 57,258 | |
09/23/2024 | 6.19 | 6.19 | 5.80 | 5.85 | 45,889 |
| 5.70 | 6.14 | 5.70 | 5.90 | 23,817 |
| Backtest OptiCept Technologies | | | OptiCept Technologies History | | | OptiCept Technologies Valuation | Previous | Next |
OptiCept Technologies Trading Date Momentum on September 23, 2024
| On September 24 2024 OptiCept Technologies AB was traded for 5.90 at the closing time. The highest price during the trading period was 6.14 and the lowest recorded bid was listed for 5.70 . The volume for the day was 23.8 K. This history from September 24, 2024 contributed to the next trading day price appreciation. The trading delta at closing time to the next closing price was 0.85% . The trading delta at closing time to the current price is 0.51% . |
OptiCept Technologies Fundamentals Correlations and Trends
By evaluating OptiCept Technologies' financials over time, investors can gain insight into future company performance. However, you can also analyze the published financial statements to find patterns among OptiCept Technologies' main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. OptiCept financial account trend analysis is a perfect complement when working with valuation or volatility modules.About OptiCept Technologies Stock history
OptiCept Technologies 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 OptiCept is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in OptiCept Technologies 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 OptiCept Technologies stock prices may prove useful in developing a viable investing in OptiCept Technologies
OptiFreeze AB owns a patented technology for enhancing the taste, shape, and texture of vegetables, fruits, and berries in the freezing and thawing process. OptiFreeze AB was founded in 2011 and is based in Lund, Sweden. OptiFreeze is traded on Stockholm Stock Exchange in Sweden.
OptiCept Technologies Stock Technical Analysis
OptiCept Technologies 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
OptiCept Technologies Period Price Range
Low | November 30, 2024
| High |
0.00 | 0.00 |
OptiCept Technologies 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.
OptiCept Technologies November 30, 2024 Market Strength
Market strength indicators help investors to evaluate how OptiCept Technologies stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading OptiCept Technologies shares will generate the highest return on investment. By undertsting and applying OptiCept Technologies stock market strength indicators, traders can identify OptiCept Technologies AB entry and exit signals to maximize returns
OptiCept Technologies Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for OptiCept Technologies' price direction in advance. Along with the technical and fundamental analysis of OptiCept Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of OptiCept 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 | (0.06) | |||
| Total Risk Alpha | (0.94) | |||
| Treynor Ratio | 0.2236 |
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Additional Tools for OptiCept Stock Analysis
When running OptiCept Technologies' price analysis, check to measure OptiCept Technologies' 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 OptiCept Technologies is operating at the current time. Most of OptiCept Technologies' value examination focuses on studying past and present price action to predict the probability of OptiCept Technologies' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move OptiCept Technologies' price. Additionally, you may evaluate how the addition of OptiCept Technologies to your portfolios can decrease your overall portfolio volatility.