Soder Sportfiske (Sweden) Price on October 21, 2024
| SODER Stock | 25.80 0.20 0.77% |
If you're considering investing in Soder Stock, it is important to understand the factors that can impact its price. As of today, the current price of Soder Sportfiske stands at 25.80, as last reported on the 26th of November, with the highest price reaching 26.80 and the lowest price hitting 24.80 during the day. Currently, Soder Sportfiske AB is not too volatile. Soder Sportfiske owns Efficiency Ratio (i.e., Sharpe Ratio) of 0.0072, which indicates the firm had a 0.0072% return per unit of risk over the last 3 months. We have found twenty-three technical indicators for Soder Sportfiske AB, which you can use to evaluate the volatility of the company. Please validate Soder Sportfiske's Risk Adjusted Performance of 0.0036, variance of 12.49, and Coefficient Of Variation of (18,117) to confirm if the risk estimate we provide is consistent with the expected return of 0.0254%.
Soder Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
Soder |
Sharpe Ratio = 0.0072
| Best Portfolio | Best Equity | |||
| Good Returns | ||||
| Average Returns | ||||
| Small Returns | ||||
| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
| Negative Returns | SODER |
Estimated Market Risk
| 3.54 actual daily | 31 69% of assets are more volatile |
Expected Return
| 0.03 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| 0.01 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Soder Sportfiske 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 Soder Sportfiske by adding Soder Sportfiske to a well-diversified portfolio.
Soder Sportfiske Valuation on October 21, 2024
It is possible to determine the worth of Soder Sportfiske on a given historical date. On October 21, 2024 Soder was worth 25.2 at the beginning of the trading date compared to the closed value of 28.0. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Soder Sportfiske stock. Still, in general, we apply an absolute valuation method to find Soder Sportfiske'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 Soder Sportfiske where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Soder Sportfiske's related companies.
| Open | High | Low | Close | Volume | |
| 28.60 | 28.60 | 28.60 | 28.60 | 1.00 | |
10/21/2024 | 25.20 | 29.00 | 25.20 | 28.00 | 401.00 |
| 27.00 | 27.00 | 26.20 | 26.80 | 1,072 |
| Backtest Soder Sportfiske | | | Soder Sportfiske History | | | Soder Sportfiske Valuation | Previous | Next |
Soder Sportfiske Trading Date Momentum on October 21, 2024
| On October 22 2024 Soder Sportfiske AB was traded for 26.80 at the closing time. The highest price during the trading period was 27.00 and the lowest recorded bid was listed for 26.20 . The volume for the day was 1.1 K. This history from October 22, 2024 contributed to the next trading day price decline. The trading price change to the next closing price was 4.29% . The trading price change to the current price is 7.86% . |
Soder Sportfiske Fundamentals Correlations and Trends
By evaluating Soder Sportfiske'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 Soder Sportfiske's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Soder financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Soder Sportfiske Stock history
Soder Sportfiske 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 Soder is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Soder Sportfiske 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 Soder Sportfiske stock prices may prove useful in developing a viable investing in Soder Sportfiske
Soder Sportfiske Stock Technical Analysis
Soder Sportfiske 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
Soder Sportfiske Period Price Range
Low | November 26, 2024
| High |
0.00 | 0.00 |
Soder Sportfiske 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.
Soder Sportfiske November 26, 2024 Market Strength
Market strength indicators help investors to evaluate how Soder Sportfiske stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Soder Sportfiske shares will generate the highest return on investment. By undertsting and applying Soder Sportfiske stock market strength indicators, traders can identify Soder Sportfiske AB entry and exit signals to maximize returns
Soder Sportfiske Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Soder Sportfiske's price direction in advance. Along with the technical and fundamental analysis of Soder Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Soder 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 | 0.0036 | |||
| Jensen Alpha | 0.1025 | |||
| Total Risk Alpha | (0.58) | |||
| Treynor Ratio | 0.0265 |
| Cycle Indicators | ||
| Math Operators | ||
| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
Additional Tools for Soder Stock Analysis
When running Soder Sportfiske's price analysis, check to measure Soder Sportfiske'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 Soder Sportfiske is operating at the current time. Most of Soder Sportfiske's value examination focuses on studying past and present price action to predict the probability of Soder Sportfiske's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Soder Sportfiske's price. Additionally, you may evaluate how the addition of Soder Sportfiske to your portfolios can decrease your overall portfolio volatility.