Saxlund Group (Sweden) Price on November 19, 2024
| SAXG Stock | SEK 9.90 0.10 1.00% |
If you're considering investing in Saxlund Stock, it is important to understand the factors that can impact its price. As of today, the current price of Saxlund Group stands at 9.90, as last reported on the 26th of November, with the highest price reaching 10.99 and the lowest price hitting 9.72 during the day. Saxlund Group AB owns Efficiency Ratio (i.e., Sharpe Ratio) of -0.0065, which indicates the firm had a -0.0065% return per unit of risk over the last 3 months. Saxlund Group AB exposes twenty-nine different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please validate Saxlund Group's Risk Adjusted Performance of 0.019, coefficient of variation of 7466.77, and Semi Deviation of 5.07 to confirm the risk estimate we provide.
Saxlund Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
Saxlund |
Sharpe Ratio = -0.0065
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Estimated Market Risk
| 6.11 actual daily | 54 54% of assets are less volatile |
Expected Return
| -0.04 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| -0.01 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Saxlund Group 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 Saxlund Group by adding Saxlund Group to a well-diversified portfolio.
Saxlund Group Valuation on November 19, 2024
It is possible to determine the worth of Saxlund Group on a given historical date. On November 19, 2024 Saxlund was worth 9.6 at the beginning of the trading date compared to the closed value of 12.0. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Saxlund Group stock. Still, in general, we apply an absolute valuation method to find Saxlund Group'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 Saxlund Group where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Saxlund Group's related companies.
| Open | High | Low | Close | Volume | |
| 8.20 | 10.00 | 8.00 | 9.40 | 15,496 | |
11/19/2024 | 9.60 | 12.60 | 9.20 | 12.00 | 14,528 |
| 10.80 | 11.80 | 10.60 | 11.80 | 3,039 |
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Saxlund Group Trading Date Momentum on November 19, 2024
| On November 20 2024 Saxlund Group AB was traded for 11.80 at the closing time. The highest price during the trading period was 11.80 and the lowest recorded bid was listed for 10.60 . The volume for the day was 3 K. This history from November 20, 2024 contributed to the next trading day price decline. The trading price change to the next closing price was 1.67% . The trading price change to the current price is 15.83% . |
Saxlund Group AB Fundamentals Correlations and Trends
By evaluating Saxlund Group'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 Saxlund Group's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Saxlund financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Saxlund Group Stock history
Saxlund Group 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 Saxlund is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Saxlund Group 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 Saxlund Group stock prices may prove useful in developing a viable investing in Saxlund Group
Saxlund Group AB , an environmental technology group, develops, manufactures, and services plants and equipment for the production of environmentally-friendly and resource-efficient energy. The company was formerly known as Pilum AB and changed its name to Saxlund Group AB in July 2017. Saxlund Group operates under Industrial Equipment And Light Machinery classification in Sweden and is traded on Stockholm Stock Exchange.
Saxlund Group Stock Technical Analysis
Saxlund Group 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
Saxlund Group Period Price Range
Low | November 26, 2024
| High |
0.00 | 0.00 |
Saxlund Group 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.
Saxlund Group November 26, 2024 Market Strength
Market strength indicators help investors to evaluate how Saxlund Group stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Saxlund Group shares will generate the highest return on investment. By undertsting and applying Saxlund Group stock market strength indicators, traders can identify Saxlund Group AB entry and exit signals to maximize returns
Saxlund Group Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Saxlund Group's price direction in advance. Along with the technical and fundamental analysis of Saxlund Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Saxlund 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 | 0.019 | |||
| Jensen Alpha | 0.2683 | |||
| Total Risk Alpha | (0.89) | |||
| Sortino Ratio | (0.01) | |||
| Treynor Ratio | (0.04) |
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Additional Tools for Saxlund Stock Analysis
When running Saxlund Group's price analysis, check to measure Saxlund Group'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 Saxlund Group is operating at the current time. Most of Saxlund Group's value examination focuses on studying past and present price action to predict the probability of Saxlund Group's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Saxlund Group's price. Additionally, you may evaluate how the addition of Saxlund Group to your portfolios can decrease your overall portfolio volatility.