Skanska Ab Ser Stock Price on October 17, 2023
| SKBSY Stock | USD 21.34 0.09 0.42% |
If you're considering investing in Skanska Pink Sheet, it is important to understand the factors that can impact its price. As of today, the current price of Skanska AB stands at 21.34, as last reported on the 11th of December 2024, with the highest price reaching 21.41 and the lowest price hitting 21.34 during the day. At this stage we consider Skanska Pink Sheet to be very steady. Skanska AB ser owns Efficiency Ratio (i.e., Sharpe Ratio) of 0.0865, which indicates the firm had a 0.0865% return per unit of risk over the last 3 months. We have found thirty technical indicators for Skanska AB ser, which you can use to evaluate the volatility of the company. Please validate Skanska AB's Coefficient Of Variation of 930.05, semi deviation of 1.14, and Risk Adjusted Performance of 0.0827 to confirm if the risk estimate we provide is consistent with the expected return of 0.13%.
Skanska Pink Sheet price history is provided at the adjusted basis, taking into account all of the recent filings.
Skanska |
Sharpe Ratio = 0.0865
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Estimated Market Risk
| 1.49 actual daily | 13 87% of assets are more volatile |
Expected Return
| 0.13 actual daily | 2 98% of assets have higher returns |
Risk-Adjusted Return
| 0.09 actual daily | 6 94% of assets perform better |
Based on monthly moving average Skanska AB is performing at about 6% 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 October 17, 2023
It is possible to determine the worth of Skanska AB on a given historical date. On October 17, 2023 Skanska was worth 15.22 at the beginning of the trading date compared to the closed value of 15.22. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Skanska AB pink sheet. 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 | |
| 15.44 | 15.44 | 15.44 | 15.44 | 4,936 | |
10/17/2023 | 15.22 | 15.22 | 15.22 | 15.22 | 7,357 |
| 14.99 | 14.99 | 14.99 | 14.99 | 8,696 |
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Skanska AB Trading Date Momentum on October 17, 2023
| On October 18 2023 Skanska AB ser was traded for 14.99 at the closing time. The highest daily price throughout the period was 14.99 and the lowest price was 14.99 . The daily volume was 8.7 K. The net trading volume on 10/18/2023 added to the next day price reduction. The trading price change to closing price of the next trading day was 1.51% . The trading price change to current closing price is 6.77% . |
Skanska AB ser 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 Pink Sheet 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 ser 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 operates as a construction and project development company in the Nordic region, Europe, and the United States. Skanska AB was founded in 1887 and is headquartered in Stockholm, Sweden. Skanska Ab is traded on OTC Exchange in the United States.
Skanska AB Pink Sheet Technical Analysis
Skanska AB technical pink sheet 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, pink sheet market cycles, or different charting patterns.
Price Boundaries
Skanska AB Period Price Range
Low | December 11, 2024
| High |
0.00 | 0.00 |
Skanska AB ser cannot be verified against its exchange. Please verify the symbol is currently traded on PINK 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 December 11, 2024 Market Strength
Market strength indicators help investors to evaluate how Skanska AB pink sheet 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 pink sheet market strength indicators, traders can identify Skanska AB ser 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 Pink Sheet 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 | 0.0827 | |||
| Jensen Alpha | 0.1526 | |||
| Total Risk Alpha | (0.08) | |||
| Sortino Ratio | 0.0252 | |||
| Treynor Ratio | (3.23) |
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Additional Tools for Skanska Pink Sheet 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.