Serstech (Sweden) Price on October 11, 2023
SERT Stock | SEK 1.20 0.05 4.35% |
If you're considering investing in Serstech Stock, it is important to understand the factors that can impact its price. As of today, the current price of Serstech stands at 1.20, as last reported on the 30th of November, with the highest price reaching 1.23 and the lowest price hitting 1.15 during the day. Serstech AB owns Efficiency Ratio (i.e., Sharpe Ratio) of -0.0063, which indicates the firm had a -0.0063% return per unit of risk over the last 3 months. Serstech AB exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please validate Serstech's Variance of 27.77, risk adjusted performance of 0.0038, and Coefficient Of Variation of (15,973) to confirm the risk estimate we provide.
Serstech Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
Serstech |
Sharpe Ratio = -0.0063
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Estimated Market Risk
5.31 actual daily | 47 53% of assets are more volatile |
Expected Return
-0.03 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 Serstech 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 Serstech by adding Serstech to a well-diversified portfolio.
Serstech Valuation on October 11, 2023
It is possible to determine the worth of Serstech on a given historical date. On October 11, 2023 Serstech was worth 0.57 at the beginning of the trading date compared to the closed value of 0.55. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Serstech stock. Still, in general, we apply an absolute valuation method to find Serstech'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 Serstech where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Serstech's related companies.
Open | High | Low | Close | Volume | |
0.54 | 0.61 | 0.52 | 0.61 | 1,051,697 | |
10/11/2023 | 0.57 | 0.59 | 0.53 | 0.55 | 797,728 |
0.55 | 0.55 | 0.50 | 0.53 | 261,437 |
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Serstech Trading Date Momentum on October 11, 2023
On October 12 2023 Serstech AB was traded for 0.53 at the closing time. The highest price during the trading period was 0.55 and the lowest recorded bid was listed for 0.50 . The volume for the day was 261.4 K. This history from October 12, 2023 contributed to the next trading day price decline. The trading price change to the next closing price was 3.64% . The trading price change to the current price is 7.27% . |
Serstech AB Fundamentals Correlations and Trends
By evaluating Serstech'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 Serstech's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Serstech financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Serstech Stock history
Serstech 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 Serstech is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Serstech 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 Serstech stock prices may prove useful in developing a viable investing in Serstech
Serstech AB provides chemical identification instruments in Europe and Asia. Serstech AB was founded in 2006 and is headquartered in Lund, Sweden. Serstech operates under Chemicals classification in Sweden and is traded on Stockholm Stock Exchange. It employs 13 people.
Serstech Stock Technical Analysis
Serstech 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
Serstech Period Price Range
Low | November 30, 2024
| High |
0.00 | 0.00 |
Serstech 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.
Serstech November 30, 2024 Market Strength
Market strength indicators help investors to evaluate how Serstech stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Serstech shares will generate the highest return on investment. By undertsting and applying Serstech stock market strength indicators, traders can identify Serstech AB entry and exit signals to maximize returns
Serstech Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Serstech's price direction in advance. Along with the technical and fundamental analysis of Serstech Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Serstech 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 | 0.0038 | |||
Jensen Alpha | (0.02) | |||
Total Risk Alpha | (0.92) | |||
Treynor Ratio | 0.2273 |
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Additional Tools for Serstech Stock Analysis
When running Serstech's price analysis, check to measure Serstech'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 Serstech is operating at the current time. Most of Serstech's value examination focuses on studying past and present price action to predict the probability of Serstech's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Serstech's price. Additionally, you may evaluate how the addition of Serstech to your portfolios can decrease your overall portfolio volatility.