Qleanair Holding (Sweden) Price on November 7, 2024

QAIR Stock  SEK 16.65  0.05  0.30%   
If you're considering investing in Qleanair Stock, it is important to understand the factors that can impact its price. As of today, the current price of Qleanair Holding stands at 16.65, as last reported on the 3rd of December, with the highest price reaching 16.70 and the lowest price hitting 16.30 during the day. Qleanair Holding maintains Sharpe Ratio (i.e., Efficiency) of -0.26, which implies the firm had a -0.26% return per unit of risk over the last 3 months. Qleanair Holding exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please check Qleanair Holding's Risk Adjusted Performance of (0.19), variance of 6.29, and Coefficient Of Variation of (384.89) to confirm the risk estimate we provide.
  
Qleanair Stock price history is provided at the adjusted basis, taking into account all of the recent filings.

Sharpe Ratio = -0.2636

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Estimated Market Risk

 2.51
  actual daily
22
78% of assets are more volatile

Expected Return

 -0.66
  actual daily
0
Most of other assets have higher returns

Risk-Adjusted Return

 -0.26
  actual daily
0
Most of other assets perform better
Based on monthly moving average Qleanair Holding 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 Qleanair Holding by adding Qleanair Holding to a well-diversified portfolio.

Qleanair Holding Valuation on November 7, 2024

It is possible to determine the worth of Qleanair Holding on a given historical date. On November 7, 2024 Qleanair was worth 22.3 at the beginning of the trading date compared to the closed value of 23.0. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Qleanair Holding stock. Still, in general, we apply an absolute valuation method to find Qleanair Holding'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 Qleanair Holding where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Qleanair Holding's related companies.
 Open High Low Close Volume
  22.60    23.50    22.10    22.80    10,045  
11/07/2024
  22.30    23.00    22.30    23.00    6,359  
  21.30    21.30    19.35    19.50    147,222  
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Open Value
22.3
23.0
Closing Value
29.83
Upside

Qleanair Holding Trading Date Momentum on November 7, 2024

On November 08 2024 Qleanair Holding AB was traded for  19.50  at the closing time. The highest price during the trading period was 21.30  and the lowest recorded bid was listed for  19.35 . The volume for the day was 147.2 K. This history from November 8, 2024 contributed to the next trading day price decline. The trading delta at closing time to the next closing price was 15.22% . The trading delta at closing time to the current price is 17.17% .

Qleanair Holding Fundamentals Correlations and Trends

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

About Qleanair Holding Stock history

Qleanair Holding 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 Qleanair is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Qleanair Holding 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 Qleanair Holding stock prices may prove useful in developing a viable investing in Qleanair Holding
QleanAir Holding AB provides air cleaners, cleanrooms, and solutions for protection against passive smoking worldwide. The company was founded in 1988 and is headquartered in Solna, Sweden. QleanAir Holding is traded on Stockholm Stock Exchange in Sweden.

Qleanair Holding Stock Technical Analysis

Qleanair Holding 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 Qleanair Holding technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of Qleanair Holding 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

Qleanair Holding Period Price Range

Low
December 3, 2024
0.00  NaN%
High

 0.00 

     

 0.00 

Qleanair Holding 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.

Qleanair Holding December 3, 2024 Market Strength

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

Qleanair Holding Technical and Predictive Indicators

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

Additional Tools for Qleanair Stock Analysis

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