Saniona AB (Sweden) Price on October 7, 2024
| SANION-TO4 | 1.95 0.01 0.52% |
If you're considering investing in Saniona Stock, it is important to understand the factors that can impact its price. As of today, the current price of Saniona AB stands at 1.95, as last reported on the 23rd of December, with the highest price reaching 2.00 and the lowest price hitting 1.76 during the day. Saniona AB is out of control given 3 months investment horizon. Saniona AB TO owns Efficiency Ratio (i.e., Sharpe Ratio) of 0.12, which indicates the firm had a 0.12% return per unit of risk over the last 3 months. We were able to interpolate twenty-nine different technical indicators, which can help you to evaluate if expected returns of 2.32% are justified by taking the suggested risk. Use Saniona AB TO Risk Adjusted Performance of 0.1002, semi deviation of 8.43, and Coefficient Of Variation of 874.21 to evaluate company specific risk that cannot be diversified away.
Saniona Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
Saniona |
Sharpe Ratio = 0.1223
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Estimated Market Risk
| 18.95 actual daily | 96 96% of assets are less volatile |
Expected Return
| 2.32 actual daily | 46 54% of assets have higher returns |
Risk-Adjusted Return
| 0.12 actual daily | 9 91% of assets perform better |
Based on monthly moving average Saniona AB is performing at about 9% 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 Saniona AB by adding it to a well-diversified portfolio.
Saniona AB Valuation on October 7, 2024
It is possible to determine the worth of Saniona AB on a given historical date. On October 7, 2024 Saniona was worth 1.1 at the beginning of the trading date compared to the closed value of 1.2. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Saniona AB stock. Still, in general, we apply an absolute valuation method to find Saniona 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 Saniona AB where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Saniona AB's related companies.
| Open | High | Low | Close | Volume | |
| 1.08 | 1.20 | 1.00 | 1.10 | 89,251 | |
10/07/2024 | 1.10 | 1.24 | 1.07 | 1.20 | 530.00 |
| 0.70 | 1.25 | 0.70 | 1.19 | 51,031 |
| Backtest Saniona AB | | | Saniona AB History | Previous | Next |
Saniona AB Trading Date Momentum on October 7, 2024
| On October 08 2024 Saniona AB TO was traded for 1.19 at the closing time. The highest price during the trading period was 1.25 and the lowest recorded bid was listed for 0.70 . The volume for the day was 51 K. This history from October 8, 2024 contributed to the next trading day price decline. The trading price change to the next closing price was 0.83% . The trading price change to the current price is 11.67% . |
Price Boundaries
Saniona AB Period Price Range
Low | December 23, 2024
| High |
0.00 | 0.00 |
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Saniona AB December 23, 2024 Market Strength
Market strength indicators help investors to evaluate how Saniona 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 Saniona AB shares will generate the highest return on investment. By undertsting and applying Saniona AB stock market strength indicators, traders can identify Saniona AB TO entry and exit signals to maximize returns
Saniona AB Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Saniona AB's price direction in advance. Along with the technical and fundamental analysis of Saniona Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Saniona 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 | 0.1002 | |||
| Jensen Alpha | 2.2 | |||
| Total Risk Alpha | 1.62 | |||
| Sortino Ratio | 0.1798 | |||
| Treynor Ratio | (0.93) |
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Complementary Tools for Saniona Stock analysis
When running Saniona AB's price analysis, check to measure Saniona 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 Saniona AB is operating at the current time. Most of Saniona AB's value examination focuses on studying past and present price action to predict the probability of Saniona 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 Saniona AB's price. Additionally, you may evaluate how the addition of Saniona AB to your portfolios can decrease your overall portfolio volatility.
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