Ssab Ab Stock Price on January 27, 2023
| SSAAF Stock | USD 5.07 0.00 0.00% |
If you're considering investing in SSAB Pink Sheet, it is important to understand the factors that can impact its price. As of today, the current price of SSAB AB stands at 5.07, as last reported on the 28th of November, with the highest price reaching 5.07 and the lowest price hitting 5.07 during the day. SSAB AB appears to be slightly risky, given 3 months investment horizon. SSAB AB retains Efficiency (Sharpe Ratio) of 0.0736, which indicates the firm had a 0.0736% return per unit of risk over the last 3 months. We have found sixteen technical indicators for SSAB AB, which you can use to evaluate the volatility of the company. Please review SSAB AB's standard deviation of 3.07, and Risk Adjusted Performance of 0.0626 to confirm if our risk estimates are consistent with your expectations.
SSAB Pink Sheet price history is provided at the adjusted basis, taking into account all of the recent filings.
SSAB |
Sharpe Ratio = 0.0736
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Estimated Market Risk
| 3.14 actual daily | 27 73% of assets are more volatile |
Expected Return
| 0.23 actual daily | 4 96% of assets have higher returns |
Risk-Adjusted Return
| 0.07 actual daily | 5 95% of assets perform better |
Based on monthly moving average SSAB AB is performing at about 5% 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 SSAB AB by adding it to a well-diversified portfolio.
SSAB AB Valuation on January 27, 2023
It is possible to determine the worth of SSAB AB on a given historical date. On January 27, 2023 SSAB was worth 6.99 at the beginning of the trading date compared to the closed value of 7.58. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of SSAB AB pink sheet. Still, in general, we apply an absolute valuation method to find SSAB 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 SSAB AB where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against SSAB AB's related companies.
| Open | High | Low | Close | Volume | |
| 6.31 | 6.31 | 6.31 | 6.31 | 1.00 | |
01/27/2023 | 6.99 | 7.58 | 6.99 | 7.58 | 1,500 |
| 7.24 | 7.24 | 7.24 | 7.24 | 825.00 |
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SSAB AB Trading Date Momentum on January 27, 2023
| On January 30 2023 SSAB AB was traded for 7.24 at the closing time. The highest daily price throughout the period was 7.24 and the lowest price was 7.24 . The daily volume was 825. The net trading volume on 01/30/2023 added to the next day price reduction. The trading price change to closing price of the next trading day was 4.49% . The trading price change to current closing price is 5.01% . |
SSAB AB Fundamentals Correlations and Trends
By evaluating SSAB 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 SSAB AB's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. SSAB financial account trend analysis is a perfect complement when working with valuation or volatility modules.About SSAB AB Pink Sheet history
SSAB 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 SSAB is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in SSAB 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 SSAB AB stock prices may prove useful in developing a viable investing in SSAB AB
SSAB AB produces and sells steel products in the United States, Sweden, Finland, Germany, Denmark, and internationally. SSAB AB was founded in 1878 and is headquartered in Stockholm, Sweden. Ssab Swedish operates under Steel classification in the United States and is traded on OTC Exchange. It employs 14656 people.
SSAB AB Pink Sheet Technical Analysis
SSAB 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
SSAB AB Period Price Range
Low | November 28, 2024
| High |
0.00 | 0.00 |
SSAB AB 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.
SSAB AB November 28, 2024 Market Strength
Market strength indicators help investors to evaluate how SSAB 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 SSAB AB shares will generate the highest return on investment. By undertsting and applying SSAB AB pink sheet market strength indicators, traders can identify SSAB AB entry and exit signals to maximize returns
SSAB AB Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for SSAB AB's price direction in advance. Along with the technical and fundamental analysis of SSAB Pink Sheet historical price patterns, it is also worthwhile for investors to track various predictive indicators of SSAB 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 | 0.0626 | |||
| Jensen Alpha | 0.226 | |||
| Total Risk Alpha | (0.25) | |||
| Treynor Ratio | (1.62) |
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| Volume Indicators |
Complementary Tools for SSAB Pink Sheet analysis
When running SSAB AB's price analysis, check to measure SSAB 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 SSAB AB is operating at the current time. Most of SSAB AB's value examination focuses on studying past and present price action to predict the probability of SSAB 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 SSAB AB's price. Additionally, you may evaluate how the addition of SSAB AB to your portfolios can decrease your overall portfolio volatility.
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