SinterCast (Sweden) Price on May 17, 2023
| SINT Stock | SEK 106.00 1.00 0.93% |
If you're considering investing in SinterCast Stock, it is important to understand the factors that can impact its price. As of today, the current price of SinterCast stands at 106.00, as last reported on the 10th of January, with the highest price reaching 107.00 and the lowest price hitting 105.50 during the day. SinterCast AB owns Efficiency Ratio (i.e., Sharpe Ratio) of -0.067, which indicates the firm had a -0.067% return per unit of risk over the last 3 months. SinterCast AB exposes twenty-four different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please validate SinterCast's Risk Adjusted Performance of (0.02), variance of 1.68, and Coefficient Of Variation of (2,973) to confirm the risk estimate we provide.
SinterCast Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
SinterCast |
Sharpe Ratio = -0.067
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Estimated Market Risk
| 1.23 actual daily | 10 90% of assets are more volatile |
Expected Return
| -0.08 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| -0.07 actual daily | 0 Most of other assets perform better |
Based on monthly moving average SinterCast 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 SinterCast by adding SinterCast to a well-diversified portfolio.
SinterCast Valuation on May 17, 2023
It is possible to determine the worth of SinterCast on a given historical date. On May 17, 2023 SinterCast was worth 97.73 at the beginning of the trading date compared to the closed value of 95.35. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of SinterCast stock. Still, in general, we apply an absolute valuation method to find SinterCast'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 SinterCast where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against SinterCast's related companies.
| Open | High | Low | Close | Volume | |
| 97.22 | 97.22 | 93.97 | 95.83 | 4,556 | |
05/17/2023 | 97.73 | 98.21 | 92.49 | 95.35 | 4,280 |
| 98.21 | 98.21 | 94.02 | 95.83 | 3,583 |
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SinterCast Trading Date Momentum on May 17, 2023
| On May 19 2023 SinterCast AB was traded for 95.83 at the closing time. The highest price during the trading period was 98.21 and the lowest recorded bid was listed for 94.02 . The volume for the day was 3.6 K. This history from May 19, 2023 contributed to the next trading day price appreciation. The trading price change to the next closing price was 0.50% . The trading price change to the current price is 1.00% . |
SinterCast AB Fundamentals Correlations and Trends
By evaluating SinterCast'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 SinterCast's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. SinterCast financial account trend analysis is a perfect complement when working with valuation or volatility modules.About SinterCast Stock history
SinterCast 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 SinterCast is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in SinterCast 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 SinterCast stock prices may prove useful in developing a viable investing in SinterCast
SinterCast AB provides process control technology and solutions for the production of compacted graphite iron to foundries and automotive industries worldwide. The company was founded in 1983 and is based in Stockholm, Sweden. SinterCast operates under Scientific Technical Instruments classification in Sweden and is traded on Stockholm Stock Exchange. It employs 21 people.
SinterCast Stock Technical Analysis
SinterCast 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
SinterCast Period Price Range
Low | January 10, 2025
| High |
0.00 | 0.00 |
SinterCast 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.
SinterCast January 10, 2025 Market Strength
Market strength indicators help investors to evaluate how SinterCast stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading SinterCast shares will generate the highest return on investment. By undertsting and applying SinterCast stock market strength indicators, traders can identify SinterCast AB entry and exit signals to maximize returns
SinterCast Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for SinterCast's price direction in advance. Along with the technical and fundamental analysis of SinterCast Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of SinterCast 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 | (0.02) | |||
| Jensen Alpha | (0.05) | |||
| Total Risk Alpha | (0.08) | |||
| Treynor Ratio | 0.354 |
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Additional Tools for SinterCast Stock Analysis
When running SinterCast's price analysis, check to measure SinterCast'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 SinterCast is operating at the current time. Most of SinterCast's value examination focuses on studying past and present price action to predict the probability of SinterCast's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move SinterCast's price. Additionally, you may evaluate how the addition of SinterCast to your portfolios can decrease your overall portfolio volatility.