Paxman AB (Sweden) Price on October 25, 2024
| PAX Stock | SEK 70.00 2.20 3.24% |
If you're considering investing in Paxman Stock, it is important to understand the factors that can impact its price. As of today, the current price of Paxman AB stands at 70.00, as last reported on the 26th of November, with the highest price reaching 71.20 and the lowest price hitting 67.20 during the day. Paxman AB appears to be very steady, given 3 months investment horizon. Paxman AB maintains Sharpe Ratio (i.e., Efficiency) of 0.2, which implies the firm had a 0.2% return per unit of risk over the last 3 months. By analyzing Paxman AB's technical indicators, you can evaluate if the expected return of 0.57% is justified by implied risk. Please evaluate Paxman AB's Semi Deviation of 1.85, coefficient of variation of 709.18, and Risk Adjusted Performance of 0.1155 to confirm if our risk estimates are consistent with your expectations.
Paxman Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
Paxman |
Sharpe Ratio = 0.1975
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Estimated Market Risk
| 2.87 actual daily | 25 75% of assets are more volatile |
Expected Return
| 0.57 actual daily | 11 89% of assets have higher returns |
Risk-Adjusted Return
| 0.2 actual daily | 15 85% of assets perform better |
Based on monthly moving average Paxman AB is performing at about 15% 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 Paxman AB by adding it to a well-diversified portfolio.
Paxman AB Valuation on October 25, 2024
It is possible to determine the worth of Paxman AB on a given historical date. On October 25, 2024 Paxman was worth 62.6 at the beginning of the trading date compared to the closed value of 66.0. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Paxman AB stock. Still, in general, we apply an absolute valuation method to find Paxman 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 Paxman AB where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Paxman AB's related companies.
| Open | High | Low | Close | Volume | |
| 62.60 | 64.00 | 62.60 | 62.80 | 7,830 | |
10/25/2024 | 62.60 | 66.00 | 61.60 | 66.00 | 23,286 |
| 66.00 | 68.40 | 65.60 | 67.20 | 24,619 |
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Paxman AB Trading Date Momentum on October 25, 2024
| On October 28 2024 Paxman AB was traded for 67.20 at the closing time. The maximum traded price for the trading interval was 68.40 and the lowest daily price was 65.60 . The daily volume was recorded at 24.6 K. The volume of trading on 28th of October 2024 played a part in the next trading day price appreciation. The trading delta at closing time to the next closing price was 1.82% . The trading delta at closing time to the closing price today is 1.52% . |
Paxman AB Fundamentals Correlations and Trends
By evaluating Paxman 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 Paxman AB's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Paxman financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Paxman AB Stock history
Paxman 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 Paxman is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Paxman 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 Paxman AB stock prices may prove useful in developing a viable investing in Paxman AB
Paxman AB , together with its subsidiaries, develops and sells PAXMAN scalp cooling system for minimizing hair loss in connection with chemotherapy treatment in Europe, North-and South America, Asia, and Australia. The company was founded in 1996 and is headquartered in Karlshamn, Sweden. Paxman AB is traded on Stockholm Stock Exchange in Sweden.
Paxman AB Stock Technical Analysis
Paxman 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
Paxman AB Period Price Range
Low | November 26, 2024
| High |
0.00 | 0.00 |
Paxman 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.
Paxman AB November 26, 2024 Market Strength
Market strength indicators help investors to evaluate how Paxman 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 Paxman AB shares will generate the highest return on investment. By undertsting and applying Paxman AB stock market strength indicators, traders can identify Paxman AB entry and exit signals to maximize returns
Paxman AB Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Paxman AB's price direction in advance. Along with the technical and fundamental analysis of Paxman Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Paxman 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 | 0.1155 | |||
| Jensen Alpha | 0.3532 | |||
| Total Risk Alpha | (0.06) | |||
| Sortino Ratio | 0.1208 | |||
| Treynor Ratio | 1.07 |
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Additional Tools for Paxman Stock Analysis
When running Paxman AB's price analysis, check to measure Paxman 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 Paxman AB is operating at the current time. Most of Paxman AB's value examination focuses on studying past and present price action to predict the probability of Paxman 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 Paxman AB's price. Additionally, you may evaluate how the addition of Paxman AB to your portfolios can decrease your overall portfolio volatility.