Pierce Group (Sweden) Price on July 4, 2023

PIERCE Stock  SEK 8.04  0.06  0.74%   
If you're considering investing in Pierce Stock, it is important to understand the factors that can impact its price. As of today, the current price of Pierce Group stands at 8.04, as last reported on the 30th of November, with the highest price reaching 8.42 and the lowest price hitting 7.60 during the day. Pierce Group AB maintains Sharpe Ratio (i.e., Efficiency) of -0.0548, which implies the firm had a -0.0548% return per unit of risk over the last 3 months. Pierce Group AB exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please check Pierce Group's Variance of 8.84, coefficient of variation of (1,345), and Risk Adjusted Performance of (0.05) to confirm the risk estimate we provide.
  
Pierce Stock price history is provided at the adjusted basis, taking into account all of the recent filings.

Sharpe Ratio = -0.0548

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Estimated Market Risk

 2.94
  actual daily
26
74% of assets are more volatile

Expected Return

 -0.16
  actual daily
0
Most of other assets have higher returns

Risk-Adjusted Return

 -0.05
  actual daily
0
Most of other assets perform better
Based on monthly moving average Pierce Group 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 Pierce Group by adding Pierce Group to a well-diversified portfolio.

Pierce Group Valuation on July 4, 2023

It is possible to determine the worth of Pierce Group on a given historical date. On July 4, 2023 Pierce was worth 6.5 at the beginning of the trading date compared to the closed value of 6.52. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Pierce Group stock. Still, in general, we apply an absolute valuation method to find Pierce Group'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 Pierce Group where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Pierce Group's related companies.
 Open High Low Close Volume
  6.58    6.82    6.50    6.50    23,924  
07/04/2023
  6.50    6.90    6.12    6.52    2,620  
  6.40    6.50    6.20    6.22    1,161  
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Open Value
6.5
6.52
Closing Value
15.31
Upside

Pierce Group Trading Date Momentum on July 4, 2023

On July 05 2023 Pierce Group AB was traded for  6.22  at the closing time. The highest price during the trading period was 6.50  and the lowest recorded bid was listed for  6.20 . The volume for the day was 1.2 K. This history from July 5, 2023 contributed to the next trading day price decline. The trading delta at closing time to the next closing price was 4.60% . The trading delta at closing time to the current price is 2.45% .

Pierce Group AB Fundamentals Correlations and Trends

By evaluating Pierce Group'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 Pierce Group's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Pierce financial account trend analysis is a perfect complement when working with valuation or volatility modules.

About Pierce Group Stock history

Pierce Group 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 Pierce is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Pierce Group 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 Pierce Group stock prices may prove useful in developing a viable investing in Pierce Group
Pierce Group Ab , an e-commerce company, sells motorcycle and snowmobile gear, parts, accessories, and streetwear to customers through online stores in Europe. The company was founded in 2008 and is headquartered in Hgersten, Sweden. Pierce Group is traded on Stockholm Stock Exchange in Sweden.

Pierce Group Stock Technical Analysis

Pierce Group 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.
A focus of Pierce Group technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of Pierce Group trading pattern rather than external drivers such as economic, fundamental, or social events. It is believed that price action tends to repeat itself due to investors' collective, patterned behavior. Hence technical analysis focuses on identifiable price trends and conditions. More Info...

Price Boundaries

Pierce Group Period Price Range

Low
November 30, 2024
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High

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Pierce Group 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.

Pierce Group November 30, 2024 Market Strength

Market strength indicators help investors to evaluate how Pierce Group stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Pierce Group shares will generate the highest return on investment. By undertsting and applying Pierce Group stock market strength indicators, traders can identify Pierce Group AB entry and exit signals to maximize returns

Pierce Group Technical and Predictive Indicators

Predictive indicators are helping investors to find signals for Pierce Group's price direction in advance. Along with the technical and fundamental analysis of Pierce Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Pierce 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.

Complementary Tools for Pierce Stock analysis

When running Pierce Group's price analysis, check to measure Pierce Group'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 Pierce Group is operating at the current time. Most of Pierce Group's value examination focuses on studying past and present price action to predict the probability of Pierce Group's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Pierce Group's price. Additionally, you may evaluate how the addition of Pierce Group to your portfolios can decrease your overall portfolio volatility.
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