Skanska AB (Sweden) Price on November 18, 2024
| SKA-B Stock | SEK 221.10 2.80 1.28% |
If you're considering investing in Skanska Stock, it is important to understand the factors that can impact its price. As of today, the current price of Skanska AB stands at 221.10, as last reported on the 27th of November, with the highest price reaching 221.50 and the lowest price hitting 217.40 during the day. Currently, Skanska AB is very steady. Skanska AB owns Efficiency Ratio (i.e., Sharpe Ratio) of 0.099, which indicates the firm had a 0.099% return per unit of risk over the last 3 months. We have found twenty-nine technical indicators for Skanska AB, which you can use to evaluate the volatility of the company. Please validate Skanska AB's Risk Adjusted Performance of 0.0796, semi deviation of 0.8293, and Coefficient Of Variation of 995.02 to confirm if the risk estimate we provide is consistent with the expected return of 0.11%.
Skanska Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
Skanska |
Sharpe Ratio = 0.099
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Estimated Market Risk
| 1.07 actual daily | 9 91% of assets are more volatile |
Expected Return
| 0.11 actual daily | 2 98% of assets have higher returns |
Risk-Adjusted Return
| 0.1 actual daily | 7 93% of assets perform better |
Based on monthly moving average Skanska AB is performing at about 7% 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 Skanska AB by adding it to a well-diversified portfolio.
Skanska AB Valuation on November 18, 2024
It is possible to determine the worth of Skanska AB on a given historical date. On November 18, 2024 Skanska was worth 222.5 at the beginning of the trading date compared to the closed value of 218.9. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Skanska AB stock. Still, in general, we apply an absolute valuation method to find Skanska 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 Skanska AB where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Skanska AB's related companies.
| Open | High | Low | Close | Volume | |
| 221.90 | 225.60 | 221.30 | 223.00 | 455,361 | |
11/18/2024 | 222.50 | 222.50 | 218.10 | 218.90 | 686,818 |
| 218.90 | 220.00 | 214.80 | 219.40 | 519,829 |
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Skanska AB Trading Date Momentum on November 18, 2024
| On November 19 2024 Skanska AB was traded for 219.40 at the closing time. The highest price during the trading period was 220.00 and the lowest recorded bid was listed for 214.80 . The volume for the day was 519.8 K. This history from November 19, 2024 contributed to the next trading day price appreciation. The trading price change to the next closing price was 0.23% . The trading price change to the current price is 0.41% . |
Skanska AB Fundamentals Correlations and Trends
By evaluating Skanska 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 Skanska AB's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Skanska financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Skanska AB Stock history
Skanska 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 Skanska is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Skanska 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 Skanska AB stock prices may prove useful in developing a viable investing in Skanska AB
Skanska AB , a construction and project development company, develops and constructs commercial properties, and residential and public private partnerships projects in the Nordic region, Europe, and the United States. Skanska AB was founded in 1887 and is headquartered in Stockholm, Sweden. Skanska AB operates under Engineering Construction classification in Sweden and is traded on Stockholm Stock Exchange. It employs 35883 people.
Skanska AB Stock Technical Analysis
Skanska 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
Skanska AB Period Price Range
Low | November 27, 2024
| High |
0.00 | 0.00 |
Skanska 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.
Skanska AB November 27, 2024 Market Strength
Market strength indicators help investors to evaluate how Skanska 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 Skanska AB shares will generate the highest return on investment. By undertsting and applying Skanska AB stock market strength indicators, traders can identify Skanska AB entry and exit signals to maximize returns
Skanska AB Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Skanska AB's price direction in advance. Along with the technical and fundamental analysis of Skanska Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Skanska 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 | 0.0796 | |||
| Jensen Alpha | 0.0564 | |||
| Total Risk Alpha | (0.07) | |||
| Sortino Ratio | (0.02) | |||
| Treynor Ratio | 0.292 |
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Additional Tools for Skanska Stock Analysis
When running Skanska AB's price analysis, check to measure Skanska 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 Skanska AB is operating at the current time. Most of Skanska AB's value examination focuses on studying past and present price action to predict the probability of Skanska 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 Skanska AB's price. Additionally, you may evaluate how the addition of Skanska AB to your portfolios can decrease your overall portfolio volatility.