Sectra AB (Sweden) Price on October 10, 2024
| SECT-B Stock | SEK 284.70 1.10 0.39% |
If you're considering investing in Sectra Stock, it is important to understand the factors that can impact its price. As of today, the current price of Sectra AB stands at 284.70, as last reported on the 2nd of December, with the highest price reaching 287.25 and the lowest price hitting 282.25 during the day. Sectra AB appears to be very steady, given 3 months investment horizon. Sectra AB owns Efficiency Ratio (i.e., Sharpe Ratio) of 0.19, which indicates the firm had a 0.19% return per unit of risk over the last 3 months. We have found thirty technical indicators for Sectra AB, which you can use to evaluate the volatility of the company. Please review Sectra AB's Coefficient Of Variation of 534.33, risk adjusted performance of 0.1483, and Semi Deviation of 1.4 to confirm if our risk estimates are consistent with your expectations.
Sectra Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
Sectra |
Sharpe Ratio = 0.1872
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Estimated Market Risk
| 1.62 actual daily | 14 86% of assets are more volatile |
Expected Return
| 0.3 actual daily | 5 95% of assets have higher returns |
Risk-Adjusted Return
| 0.19 actual daily | 14 86% of assets perform better |
Based on monthly moving average Sectra AB is performing at about 14% 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 Sectra AB by adding it to a well-diversified portfolio.
Sectra AB Valuation on October 10, 2024
It is possible to determine the worth of Sectra AB on a given historical date. On October 10, 2024 Sectra was worth 282.38 at the beginning of the trading date compared to the closed value of 279.4. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Sectra AB stock. Still, in general, we apply an absolute valuation method to find Sectra 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 Sectra AB where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Sectra AB's related companies.
| Open | High | Low | Close | Volume | |
| 281.34 | 286.92 | 278.45 | 282.38 | 457,434 | |
10/10/2024 | 282.38 | 283.38 | 276.06 | 279.40 | 108,019 |
| 278.15 | 284.72 | 278.15 | 282.73 | 438,503 |
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Sectra AB Trading Date Momentum on October 10, 2024
| On October 11 2024 Sectra AB was traded for 282.73 at the closing time. The highest price during the trading period was 284.72 and the lowest recorded bid was listed for 278.15 . The volume for the day was 438.5 K. This history from October 11, 2024 contributed to the next trading day price jump. The trading price change to the next closing price was 1.19% . The trading price change to the current price is 4.87% . |
Sectra AB Fundamentals Correlations and Trends
By evaluating Sectra 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 Sectra AB's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Sectra financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Sectra AB Stock history
Sectra 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 Sectra is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Sectra 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 Sectra AB stock prices may prove useful in developing a viable investing in Sectra AB
Sectra AB provides IT systems for managing medical images and patient information related to diagnostic imaging. The company was founded in 1978 and is headquartered in Linkping, Sweden. SECTRA AB operates under Diagnostics Research classification in Sweden and is traded on Stockholm Stock Exchange. It employs 746 people.
Sectra AB Stock Technical Analysis
Sectra 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
Sectra AB Period Price Range
Low | December 2, 2024
| High |
0.00 | 0.00 |
Sectra 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.
Sectra AB December 2, 2024 Market Strength
Market strength indicators help investors to evaluate how Sectra 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 Sectra AB shares will generate the highest return on investment. By undertsting and applying Sectra AB stock market strength indicators, traders can identify Sectra AB entry and exit signals to maximize returns
Sectra AB Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Sectra AB's price direction in advance. Along with the technical and fundamental analysis of Sectra Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Sectra 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 | 0.1483 | |||
| Jensen Alpha | 0.2982 | |||
| Total Risk Alpha | 0.0227 | |||
| Sortino Ratio | 0.0935 | |||
| Treynor Ratio | (7.31) |
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| Volume Indicators |
Complementary Tools for Sectra Stock analysis
When running Sectra AB's price analysis, check to measure Sectra 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 Sectra AB is operating at the current time. Most of Sectra AB's value examination focuses on studying past and present price action to predict the probability of Sectra 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 Sectra AB's price. Additionally, you may evaluate how the addition of Sectra AB to your portfolios can decrease your overall portfolio volatility.
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