Probi AB (Sweden) Price on November 26, 2024
| PROB Stock | SEK 347.00 1.00 0.29% |
If you're considering investing in Probi Stock, it is important to understand the factors that can impact its price. As of today, the current price of Probi AB stands at 347.00, as last reported on the 30th of November, with the highest price reaching 349.00 and the lowest price hitting 347.00 during the day. Probi AB appears to be very steady, given 3 months investment horizon. Probi AB maintains Sharpe Ratio (i.e., Efficiency) of 0.0837, which implies the firm had a 0.0837% return per unit of risk over the last 3 months. By analyzing Probi AB's technical indicators, you can evaluate if the expected return of 0.5% is justified by implied risk. Please evaluate Probi AB's Coefficient Of Variation of 1260.09, risk adjusted performance of 0.0694, and Semi Deviation of 2.46 to confirm if our risk estimates are consistent with your expectations.
Probi Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
Probi |
Sharpe Ratio = 0.0837
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Estimated Market Risk
| 5.94 actual daily | 52 52% of assets are less volatile |
Expected Return
| 0.5 actual daily | 9 91% of assets have higher returns |
Risk-Adjusted Return
| 0.08 actual daily | 6 94% of assets perform better |
Based on monthly moving average Probi AB is performing at about 6% 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 Probi AB by adding it to a well-diversified portfolio.
Probi AB Valuation on November 26, 2024
It is possible to determine the worth of Probi AB on a given historical date. On November 26, 2024 Probi was worth 345.0 at the beginning of the trading date compared to the closed value of 346.0. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Probi AB stock. Still, in general, we apply an absolute valuation method to find Probi 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 Probi AB where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Probi AB's related companies.
| Open | High | Low | Close | Volume | |
| 350.00 | 351.00 | 350.00 | 351.00 | 35,073 | |
11/26/2024 | 345.00 | 349.00 | 345.00 | 346.00 | 3,496 |
| 347.00 | 349.00 | 347.00 | 347.00 | 2,095 |
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Probi AB Trading Date Momentum on November 26, 2024
| On November 27 2024 Probi AB was traded for 347.00 at the closing time. The highest price during the trading period was 349.00 and the lowest recorded bid was listed for 347.00 . The volume for the day was 2.1 K. This history from November 27, 2024 contributed to the next trading day price appreciation. The trading delta at closing time to the next closing price was 0.29% . The trading delta at closing time to the current price is 0.87% . |
Probi AB Fundamentals Correlations and Trends
By evaluating Probi 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 Probi AB's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Probi financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Probi AB Stock history
Probi 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 Probi is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Probi 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 Probi AB stock prices may prove useful in developing a viable investing in Probi AB
Probi AB , a bioengineering company, researches, develops, manufactures, markets, and sells probiotics for food, health, and pharmaceutical companies. The company was founded in 1991 and is headquartered in Lund, Sweden. Probi AB operates under Pharmaceuticals And Biosciences classification in Sweden and is traded on Stockholm Stock Exchange. It employs 164 people.
Probi AB Stock Technical Analysis
Probi 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
Probi AB Period Price Range
Low | November 30, 2024
| High |
0.00 | 0.00 |
Probi 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.
Probi AB November 30, 2024 Market Strength
Market strength indicators help investors to evaluate how Probi 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 Probi AB shares will generate the highest return on investment. By undertsting and applying Probi AB stock market strength indicators, traders can identify Probi AB entry and exit signals to maximize returns
Probi AB Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Probi AB's price direction in advance. Along with the technical and fundamental analysis of Probi Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Probi 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 | 0.0694 | |||
| Jensen Alpha | 0.4122 | |||
| Total Risk Alpha | (0.53) | |||
| Sortino Ratio | 0.1045 | |||
| Treynor Ratio | 1.27 |
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Additional Tools for Probi Stock Analysis
When running Probi AB's price analysis, check to measure Probi 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 Probi AB is operating at the current time. Most of Probi AB's value examination focuses on studying past and present price action to predict the probability of Probi 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 Probi AB's price. Additionally, you may evaluate how the addition of Probi AB to your portfolios can decrease your overall portfolio volatility.