Rolling Optics (Sweden) Price on November 26, 2024

RO Stock  SEK 0.68  0.01  1.49%   
If you're considering investing in Rolling Stock, it is important to understand the factors that can impact its price. As of today, the current price of Rolling Optics stands at 0.68, as last reported on the 30th of November, with the highest price reaching 0.70 and the lowest price hitting 0.66 during the day. Rolling Optics Holding maintains Sharpe Ratio (i.e., Efficiency) of -0.0365, which implies the firm had a -0.0365% return per unit of risk over the last 3 months. Rolling Optics Holding exposes twenty-four different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please check Rolling Optics' Risk Adjusted Performance of (0.02), variance of 16.08, and Coefficient Of Variation of (2,425) to confirm the risk estimate we provide.
  
Rolling Stock price history is provided at the adjusted basis, taking into account all of the recent filings.

Sharpe Ratio = -0.0365

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Estimated Market Risk

 4.01
  actual daily
35
65% of assets are more volatile

Expected Return

 -0.15
  actual daily
0
Most of other assets have higher returns

Risk-Adjusted Return

 -0.04
  actual daily
0
Most of other assets perform better
Based on monthly moving average Rolling Optics 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 Rolling Optics by adding Rolling Optics to a well-diversified portfolio.

Rolling Optics Valuation on November 26, 2024

It is possible to determine the worth of Rolling Optics on a given historical date. On November 26, 2024 Rolling was worth 0.71 at the beginning of the trading date compared to the closed value of 0.69. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Rolling Optics stock. Still, in general, we apply an absolute valuation method to find Rolling Optics' 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 Rolling Optics where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Rolling Optics' related companies.
 Open High Low Close Volume
  0.68    0.71    0.66    0.71    55,820  
11/26/2024
  0.71    0.75    0.69    0.69    16,487  
  0.69    0.72    0.69    0.70    2,979  
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Open Value
0.71
0.69
Closing Value
12.73
Upside

Rolling Optics Trading Date Momentum on November 26, 2024

On November 27 2024 Rolling Optics Holding was traded for  0.70  at the closing time. The highest daily price throughout the period was 0.72  and the lowest price was  0.69 . The daily volume was 3 K. The net trading volume on 11/27/2024 added to the next day price appreciation. The trading delta at closing time to closing price of the next trading day was 1.45% . The trading delta at closing time to current closing price is 2.90% .

Rolling Optics Holding Fundamentals Correlations and Trends

By evaluating Rolling Optics' financials over time, investors can gain insight into future company performance. However, you can also analyze the published financial statements to find patterns among Rolling Optics' main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Rolling financial account trend analysis is a perfect complement when working with valuation or volatility modules.

About Rolling Optics Stock history

Rolling Optics 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 Rolling is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Rolling Optics 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 Rolling Optics stock prices may prove useful in developing a viable investing in Rolling Optics
Rolling Optics Holding AB develops, designs, produces, and sells products in visual authentication based on in-house developed and patented technology in micro-optics. The company was founded in 2005 and is based in Solna, Sweden. Rolling Optics is traded on Stockholm Stock Exchange in Sweden.

Rolling Optics Stock Technical Analysis

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

Rolling Optics Period Price Range

Low
November 30, 2024
0.00  NaN%
High

 0.00 

     

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Rolling Optics Holding 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.

Rolling Optics November 30, 2024 Market Strength

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

Rolling Optics Technical and Predictive Indicators

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

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