Saab AB (Sweden) Price on November 25, 2024
| SAAB-B Stock | SEK 238.85 2.25 0.95% |
If you're considering investing in Saab Stock, it is important to understand the factors that can impact its price. As of today, the current price of Saab AB stands at 238.85, as last reported on the 1st of December, with the highest price reaching 240.20 and the lowest price hitting 235.75 during the day. At this point, Saab AB is very steady. Saab AB owns Efficiency Ratio (i.e., Sharpe Ratio) of 0.0389, which indicates the firm had a 0.0389% return per unit of risk over the last 3 months. We have found thirty technical indicators for Saab AB, which you can use to evaluate the volatility of the company. Please validate Saab AB's Coefficient Of Variation of 13194.54, risk adjusted performance of 0.013, and Semi Deviation of 2.8 to confirm if the risk estimate we provide is consistent with the expected return of 0.1%.
Saab Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
Saab |
Sharpe Ratio = 0.0389
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Estimated Market Risk
| 2.67 actual daily | 23 77% of assets are more volatile |
Expected Return
| 0.1 actual daily | 1 99% of assets have higher returns |
Risk-Adjusted Return
| 0.04 actual daily | 3 97% of assets perform better |
Based on monthly moving average Saab AB is performing at about 3% 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 Saab AB by adding it to a well-diversified portfolio.
Saab AB Valuation on November 25, 2024
It is possible to determine the worth of Saab AB on a given historical date. On November 25, 2024 Saab was worth 244.95 at the beginning of the trading date compared to the closed value of 236.85. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Saab AB stock. Still, in general, we apply an absolute valuation method to find Saab 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 Saab AB where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Saab AB's related companies.
| Open | High | Low | Close | Volume | |
| 248.10 | 248.70 | 242.50 | 244.50 | 1,415,160 | |
11/25/2024 | 244.95 | 248.50 | 236.75 | 236.85 | 2,342,339 |
| 237.10 | 241.90 | 236.90 | 241.45 | 1,208,196 |
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Saab AB Trading Date Momentum on November 25, 2024
| On November 26 2024 Saab AB was traded for 241.45 at the closing time. The highest price during the trading period was 241.90 and the lowest recorded bid was listed for 236.90 . The volume for the day was 1.2 M. This history from November 26, 2024 contributed to the next trading day price jump. The trading price change to the next closing price was 1.94% . The trading price change to the current price is 0.13% . |
Saab AB Fundamentals Correlations and Trends
By evaluating Saab 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 Saab AB's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Saab financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Saab AB Stock history
Saab 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 Saab is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Saab 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 Saab AB stock prices may prove useful in developing a viable investing in Saab AB
Saab AB provides products, services, and solutions for the military, defense, and civil security markets worldwide. Saab AB was founded in 1937 and is headquartered in Stockholm, Sweden. SAAB AB operates under Aerospace Defense classification in Sweden and is traded on Stockholm Stock Exchange. It employs 17145 people.
Saab AB Stock Technical Analysis
Saab 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
Saab AB Period Price Range
Low | December 1, 2024
| High |
0.00 | 0.00 |
Saab 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.
Saab AB December 1, 2024 Market Strength
Market strength indicators help investors to evaluate how Saab 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 Saab AB shares will generate the highest return on investment. By undertsting and applying Saab AB stock market strength indicators, traders can identify Saab AB entry and exit signals to maximize returns
Saab AB Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Saab AB's price direction in advance. Along with the technical and fundamental analysis of Saab Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Saab 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 | 0.013 | |||
| Jensen Alpha | 0.0343 | |||
| Total Risk Alpha | (0.45) | |||
| Sortino Ratio | (0.04) | |||
| Treynor Ratio | (0.06) |
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Complementary Tools for Saab Stock analysis
When running Saab AB's price analysis, check to measure Saab 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 Saab AB is operating at the current time. Most of Saab AB's value examination focuses on studying past and present price action to predict the probability of Saab 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 Saab AB's price. Additionally, you may evaluate how the addition of Saab AB to your portfolios can decrease your overall portfolio volatility.
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