Scandinavian Tobacco (Denmark) Price on September 30, 2024
| STG Stock | DKK 97.40 0.70 0.72% |
If you're considering investing in Scandinavian Stock, it is important to understand the factors that can impact its price. As of today, the current price of Scandinavian Tobacco stands at 97.40, as last reported on the 23rd of November, with the highest price reaching 97.50 and the lowest price hitting 96.30 during the day. Scandinavian Tobacco owns Efficiency Ratio (i.e., Sharpe Ratio) of -0.11, which indicates the firm had a -0.11% return per unit of risk over the last 3 months. Scandinavian Tobacco Group exposes twenty-four different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please validate Scandinavian Tobacco's Coefficient Of Variation of (876.72), risk adjusted performance of (0.08), and Variance of 1.74 to confirm the risk estimate we provide.
Scandinavian Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
Scandinavian |
Sharpe Ratio = -0.1057
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Estimated Market Risk
| 1.32 actual daily | 11 89% of assets are more volatile |
Expected Return
| -0.14 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| -0.11 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Scandinavian Tobacco 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 Scandinavian Tobacco by adding Scandinavian Tobacco to a well-diversified portfolio.
Scandinavian Tobacco Valuation on September 30, 2024
It is possible to determine the worth of Scandinavian Tobacco on a given historical date. On September 30, 2024 Scandinavian was worth 104.0 at the beginning of the trading date compared to the closed value of 102.8. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Scandinavian Tobacco stock. Still, in general, we apply an absolute valuation method to find Scandinavian Tobacco'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 Scandinavian Tobacco where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Scandinavian Tobacco's related companies.
| Open | High | Low | Close | Volume | |
| 104.00 | 104.60 | 103.40 | 103.60 | 62,201 | |
09/30/2024 | 104.00 | 104.00 | 102.60 | 102.80 | 66,639 |
| 101.80 | 103.80 | 101.60 | 103.00 | 109,078 |
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Scandinavian Tobacco Trading Date Momentum on September 30, 2024
| On October 01 2024 Scandinavian Tobacco Group was traded for 103.00 at the closing time. The maximum traded price for the trading interval was 103.80 and the lowest daily price was 101.60 . The daily volume was recorded at 109.1 K. The volume of trading on 1st of October 2024 played a part in the next trading day price boost. The trading price change to the next closing price was 0.19% . The trading price change to the closing price today is 2.92% . |
Scandinavian Tobacco Fundamentals Correlations and Trends
By evaluating Scandinavian Tobacco'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 Scandinavian Tobacco's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Scandinavian financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Scandinavian Tobacco Stock history
Scandinavian Tobacco 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 Scandinavian is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Scandinavian Tobacco 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 Scandinavian Tobacco stock prices may prove useful in developing a viable investing in Scandinavian Tobacco
Scandinavian Tobacco Group AS manufactures and sells handmade and machine-made cigars, and pipe tobacco worldwide. The company was founded in 1750 and is headquartered in Sborg, Denmark. Scandinavian Tobacco operates under Tobacco classification in Denmark and is traded on Copenhagen Stock Exchange. It employs 7300 people.
Scandinavian Tobacco Stock Technical Analysis
Scandinavian Tobacco 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
Scandinavian Tobacco Period Price Range
Low | November 23, 2024
| High |
0.00 | 0.00 |
Scandinavian Tobacco Group 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.
Scandinavian Tobacco November 23, 2024 Market Strength
Market strength indicators help investors to evaluate how Scandinavian Tobacco stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Scandinavian Tobacco shares will generate the highest return on investment. By undertsting and applying Scandinavian Tobacco stock market strength indicators, traders can identify Scandinavian Tobacco Group entry and exit signals to maximize returns
Scandinavian Tobacco Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Scandinavian Tobacco's price direction in advance. Along with the technical and fundamental analysis of Scandinavian Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Scandinavian 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 | (0.08) | |||
| Jensen Alpha | (0.16) | |||
| Total Risk Alpha | (0.37) | |||
| Treynor Ratio | 4.57 |
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Other Information on Investing in Scandinavian Stock
Scandinavian Tobacco financial ratios help investors to determine whether Scandinavian Stock is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in Scandinavian with respect to the benefits of owning Scandinavian Tobacco security.