SKAKO AS (Denmark) Price on March 14, 2024
| SKAKO Stock | DKK 76.80 0.20 0.26% |
If you're considering investing in SKAKO Stock, it is important to understand the factors that can impact its price. As of today, the current price of SKAKO AS stands at 76.80, as last reported on the 27th of November, with the highest price reaching 76.80 and the lowest price hitting 75.80 during the day. At this point, SKAKO AS is very steady. SKAKO AS retains Efficiency (Sharpe Ratio) of 0.0415, which indicates the firm had a 0.0415% return per unit of risk over the last 3 months. We have found thirty technical indicators for SKAKO AS, which you can use to evaluate the volatility of the company. Please validate SKAKO AS's downside deviation of 1.98, and Risk Adjusted Performance of 0.0377 to confirm if the risk estimate we provide is consistent with the expected return of 0.0792%.
SKAKO Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
SKAKO |
Sharpe Ratio = 0.0415
| Best Portfolio | Best Equity | |||
| Good Returns | ||||
| Average Returns | ||||
| Small Returns | ||||
| Cash | Small Risk | SKAKO | High Risk | Huge Risk |
| Negative Returns |
Estimated Market Risk
| 1.91 actual daily | 17 83% of assets are more volatile |
Expected Return
| 0.08 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 SKAKO AS 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 SKAKO AS by adding it to a well-diversified portfolio.
SKAKO AS Valuation on March 14, 2024
It is possible to determine the worth of SKAKO AS on a given historical date. On March 14, 2024 SKAKO was worth 77.0 at the beginning of the trading date compared to the closed value of 80.0. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of SKAKO AS stock. Still, in general, we apply an absolute valuation method to find SKAKO AS'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 SKAKO AS where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against SKAKO AS's related companies.
| Open | High | Low | Close | Volume | |
| 74.00 | 80.00 | 73.00 | 80.00 | 6,135 | |
03/14/2024 | 77.00 | 82.00 | 77.00 | 80.00 | 6,093 |
| 82.00 | 82.00 | 74.50 | 78.00 | 19,457 |
| Backtest SKAKO AS | | | SKAKO AS History | | | SKAKO AS Valuation | Previous | Next |
SKAKO AS Trading Date Momentum on March 14, 2024
| On March 15 2024 SKAKO AS was traded for 78.00 at the closing time. The highest price during the trading period was 82.00 and the lowest recorded bid was listed for 74.50 . The volume for the day was 19.5 K. This history from March 15, 2024 contributed to the next trading day price decline. The trading price change to the next closing price was 2.50% . The trading price change to the current price is 1.25% . |
SKAKO AS Fundamentals Correlations and Trends
By evaluating SKAKO AS'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 SKAKO AS's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. SKAKO financial account trend analysis is a perfect complement when working with valuation or volatility modules.About SKAKO AS Stock history
SKAKO AS 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 SKAKO is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in SKAKO AS 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 SKAKO AS stock prices may prove useful in developing a viable investing in SKAKO AS
SKAKO AS designs, develops, and sells concrete batching plants and vibratory equipment in North America, Europe, Africa, and internationally. In addition, SKAKO AS provides after sales, spare parts, installation, and commissioning services, as well as after sales support, including service contracts and production setup. SKAKO AS operates under Industrial Equipment And Light Machinery classification in Denmark and is traded on Copenhagen Stock Exchange.
SKAKO AS Stock Technical Analysis
SKAKO AS 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
SKAKO AS Period Price Range
Low | November 27, 2024
| High |
0.00 | 0.00 |
SKAKO AS cannot be verified against its exchange. Please verify the symbol is currently traded on Copenhagen 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.
SKAKO AS November 27, 2024 Market Strength
Market strength indicators help investors to evaluate how SKAKO AS stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading SKAKO AS shares will generate the highest return on investment. By undertsting and applying SKAKO AS stock market strength indicators, traders can identify SKAKO AS entry and exit signals to maximize returns
SKAKO AS Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for SKAKO AS's price direction in advance. Along with the technical and fundamental analysis of SKAKO Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of SKAKO 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 | 0.0377 | |||
| Jensen Alpha | 0.0686 | |||
| Total Risk Alpha | (0.23) | |||
| Sortino Ratio | (0.03) | |||
| Treynor Ratio | 13.31 |
| Cycle Indicators | ||
| Math Operators | ||
| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
Complementary Tools for SKAKO Stock analysis
When running SKAKO AS's price analysis, check to measure SKAKO AS'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 SKAKO AS is operating at the current time. Most of SKAKO AS's value examination focuses on studying past and present price action to predict the probability of SKAKO AS's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move SKAKO AS's price. Additionally, you may evaluate how the addition of SKAKO AS to your portfolios can decrease your overall portfolio volatility.
| Portfolio Rebalancing Analyze risk-adjusted returns against different time horizons to find asset-allocation targets | |
| ETF Categories List of ETF categories grouped based on various criteria, such as the investment strategy or type of investments | |
| Piotroski F Score Get Piotroski F Score based on the binary analysis strategy of nine different fundamentals | |
| Portfolio File Import Quickly import all of your third-party portfolios from your local drive in csv format | |
| Idea Optimizer Use advanced portfolio builder with pre-computed micro ideas to build optimal portfolio | |
| Portfolio Manager State of the art Portfolio Manager to monitor and improve performance of your invested capital | |
| Investing Opportunities Build portfolios using our predefined set of ideas and optimize them against your investing preferences | |
| ETFs Find actively traded Exchange Traded Funds (ETF) from around the world | |
| Equity Forecasting Use basic forecasting models to generate price predictions and determine price momentum |