AB SKF (Germany) Price on November 25, 2024
| SKFA Stock | EUR 17.50 0.06 0.34% |
If you're considering investing in SKFA Stock, it is important to understand the factors that can impact its price. As of today, the current price of AB SKF stands at 17.50, as last reported on the 29th of November, with the highest price reaching 17.50 and the lowest price hitting 17.50 during the day. At this point, AB SKF is not too volatile. AB SKF retains Efficiency (Sharpe Ratio) of 0.0257, which signifies that the company had a 0.0257% return per unit of price deviation over the last 3 months. We have found twenty-seven technical indicators for AB SKF, which you can use to evaluate the volatility of the entity. Please confirm AB SKF's Coefficient Of Variation of 2375.66, standard deviation of 2.38, and Market Risk Adjusted Performance of 0.1491 to double-check if the risk estimate we provide is consistent with the expected return of 0.0614%.
SKFA Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
SKFA |
Sharpe Ratio = 0.0257
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| Cash | Small Risk | SKFA | High Risk | Huge Risk |
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Estimated Market Risk
| 2.39 actual daily | 21 79% of assets are more volatile |
Expected Return
| 0.06 actual daily | 1 99% of assets have higher returns |
Risk-Adjusted Return
| 0.03 actual daily | 2 98% of assets perform better |
Based on monthly moving average AB SKF is performing at about 2% 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 AB SKF by adding it to a well-diversified portfolio.
AB SKF Valuation on November 25, 2024
It is possible to determine the worth of AB SKF on a given historical date. On November 25, 2024 SKFA was worth 17.96 at the beginning of the trading date compared to the closed value of 17.96. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of AB SKF stock. Still, in general, we apply an absolute valuation method to find AB SKF'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 AB SKF where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against AB SKF's related companies.
| Open | High | Low | Close | Volume | |
| 17.34 | 17.34 | 17.34 | 17.34 | 1.00 | |
11/25/2024 | 17.96 | 17.96 | 17.96 | 17.96 | 1.00 |
| 17.92 | 17.92 | 17.92 | 17.92 | 1.00 |
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AB SKF Trading Date Momentum on November 25, 2024
| On November 26 2024 AB SKF was traded for 17.92 at the closing time. The maximum traded price for the trading interval was 17.92 and the lowest daily price was 17.92 . There was no trading activity during the period 1.0. Lack of trading volume on 26th of November 2024 played a part in the next trading day price drop. The trading price change to the next closing price was 0.22% . The overall trading delta to the closing price today is 2.56% . |
AB SKF Fundamentals Correlations and Trends
By evaluating AB SKF'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 AB SKF's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. SKFA financial account trend analysis is a perfect complement when working with valuation or volatility modules.About AB SKF Stock history
AB SKF 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 SKFA is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in AB SKF 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 AB SKF stock prices may prove useful in developing a viable investing in AB SKF
AB SKF offers bearings, seals, condition monitoring, lubrication systems, and services. The company was founded in 1907 and is headquartered in Gothenburg, Sweden. SKF AB is traded on Frankfurt Stock Exchange in Germany.
AB SKF Stock Technical Analysis
AB SKF 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
AB SKF Period Price Range
Low | November 29, 2024
| High |
0.00 | 0.00 |
AB SKF cannot be verified against its exchange. Please verify the symbol is currently traded on Frankfurt 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.
AB SKF November 29, 2024 Market Strength
Market strength indicators help investors to evaluate how AB SKF stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading AB SKF shares will generate the highest return on investment. By undertsting and applying AB SKF stock market strength indicators, traders can identify AB SKF entry and exit signals to maximize returns
AB SKF Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for AB SKF's price direction in advance. Along with the technical and fundamental analysis of SKFA Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of SKFA 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 | 0.039 | |||
| Jensen Alpha | 0.0154 | |||
| Total Risk Alpha | (0.27) | |||
| Sortino Ratio | (0.01) | |||
| Treynor Ratio | 0.1391 |
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| Volume Indicators |
Complementary Tools for SKFA Stock analysis
When running AB SKF's price analysis, check to measure AB SKF'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 AB SKF is operating at the current time. Most of AB SKF's value examination focuses on studying past and present price action to predict the probability of AB SKF's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move AB SKF's price. Additionally, you may evaluate how the addition of AB SKF to your portfolios can decrease your overall portfolio volatility.
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