Svenska Cellulosa (Sweden) Price on November 5, 2024
| SCA-A Stock | SEK 141.80 1.80 1.29% |
If you're considering investing in Svenska Stock, it is important to understand the factors that can impact its price. As of today, the current price of Svenska Cellulosa stands at 141.80, as last reported on the 24th of November, with the highest price reaching 142.00 and the lowest price hitting 140.20 during the day. Currently, Svenska Cellulosa Aktiebolaget is very steady. Svenska Cellulosa owns Efficiency Ratio (i.e., Sharpe Ratio) of 0.0432, which indicates the firm had a 0.0432% return per unit of risk over the last 3 months. We have found thirty technical indicators for Svenska Cellulosa Aktiebolaget, which you can use to evaluate the volatility of the company. Please validate Svenska Cellulosa's Coefficient Of Variation of 3413.42, risk adjusted performance of 0.0277, and Semi Deviation of 1.41 to confirm if the risk estimate we provide is consistent with the expected return of 0.069%.
Svenska Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
Svenska |
Sharpe Ratio = 0.0432
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Estimated Market Risk
| 1.6 actual daily | 14 86% of assets are more volatile |
Expected Return
| 0.07 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 Svenska Cellulosa 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 Svenska Cellulosa by adding it to a well-diversified portfolio.
Svenska Cellulosa Valuation on November 5, 2024
It is possible to determine the worth of Svenska Cellulosa on a given historical date. On November 5, 2024 Svenska was worth 142.8 at the beginning of the trading date compared to the closed value of 142.4. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Svenska Cellulosa stock. Still, in general, we apply an absolute valuation method to find Svenska Cellulosa'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 Svenska Cellulosa where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Svenska Cellulosa's related companies.
| Open | High | Low | Close | Volume | |
| 140.20 | 141.80 | 140.20 | 140.60 | 12,380 | |
11/05/2024 | 142.80 | 143.80 | 141.80 | 142.40 | 4,750 |
| 142.40 | 144.80 | 139.60 | 139.60 | 4,590 |
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Svenska Cellulosa Trading Date Momentum on November 5, 2024
| On November 06 2024 Svenska Cellulosa Aktiebolaget was traded for 139.60 at the closing time. The highest price during the trading period was 144.80 and the lowest recorded bid was listed for 139.60 . The volume for the day was 4.6 K. This history from November 6, 2024 contributed to the next trading day price decline. The trading price change to the next closing price was 1.97% . The trading price change to the current price is 2.67% . |
Svenska Cellulosa Fundamentals Correlations and Trends
By evaluating Svenska Cellulosa'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 Svenska Cellulosa's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Svenska financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Svenska Cellulosa Stock history
Svenska Cellulosa 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 Svenska is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Svenska Cellulosa 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 Svenska Cellulosa stock prices may prove useful in developing a viable investing in Svenska Cellulosa
Svenska Cellulosa Aktiebolaget SCA , a forest products company, develops, produces, and sells forest, wood, pulp, and paper products worldwide. Svenska Cellulosa Aktiebolaget SCA was founded in 1929 and is headquartered in Sundsvall, Sweden. Svenska Cellulosa is traded on Stockholm Stock Exchange in Sweden.
Svenska Cellulosa Stock Technical Analysis
Svenska Cellulosa 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
Svenska Cellulosa Period Price Range
Low | November 24, 2024
| High |
0.00 | 0.00 |
Svenska Cellulosa Aktiebolaget 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.
Svenska Cellulosa November 24, 2024 Market Strength
Market strength indicators help investors to evaluate how Svenska Cellulosa stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Svenska Cellulosa shares will generate the highest return on investment. By undertsting and applying Svenska Cellulosa stock market strength indicators, traders can identify Svenska Cellulosa Aktiebolaget entry and exit signals to maximize returns
Svenska Cellulosa Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Svenska Cellulosa's price direction in advance. Along with the technical and fundamental analysis of Svenska Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Svenska 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 | 0.0277 | |||
| Jensen Alpha | 0.057 | |||
| Total Risk Alpha | (0.22) | |||
| Sortino Ratio | (0.06) | |||
| Treynor Ratio | (0.23) |
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Additional Tools for Svenska Stock Analysis
When running Svenska Cellulosa's price analysis, check to measure Svenska Cellulosa'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 Svenska Cellulosa is operating at the current time. Most of Svenska Cellulosa's value examination focuses on studying past and present price action to predict the probability of Svenska Cellulosa's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Svenska Cellulosa's price. Additionally, you may evaluate how the addition of Svenska Cellulosa to your portfolios can decrease your overall portfolio volatility.