Storytel (Sweden) Price on May 3, 2023
| STORY-B Stock | SEK 60.20 1.05 1.71% |
If you're considering investing in Storytel Stock, it is important to understand the factors that can impact its price. As of today, the current price of Storytel stands at 60.20, as last reported on the 27th of November, with the highest price reaching 61.10 and the lowest price hitting 59.65 during the day. Storytel appears to be very steady, given 3 months investment horizon. Storytel AB owns Efficiency Ratio (i.e., Sharpe Ratio) of 0.12, which indicates the firm had a 0.12% return per unit of risk over the last 3 months. We have found thirty technical indicators for Storytel AB, which you can use to evaluate the volatility of the company. Please review Storytel's Coefficient Of Variation of 930.79, risk adjusted performance of 0.089, and Semi Deviation of 1.89 to confirm if our risk estimates are consistent with your expectations.
Storytel Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
Storytel |
Sharpe Ratio = 0.1235
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Estimated Market Risk
| 2.45 actual daily | 21 79% of assets are more volatile |
Expected Return
| 0.3 actual daily | 5 95% of assets have higher returns |
Risk-Adjusted Return
| 0.12 actual daily | 9 91% of assets perform better |
Based on monthly moving average Storytel is performing at about 9% 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 Storytel by adding it to a well-diversified portfolio.
Storytel Valuation on May 3, 2023
It is possible to determine the worth of Storytel on a given historical date. On May 3, 2023 Storytel was worth 38.98 at the beginning of the trading date compared to the closed value of 41.76. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Storytel stock. Still, in general, we apply an absolute valuation method to find Storytel'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 Storytel where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Storytel's related companies.
| Open | High | Low | Close | Volume | |
| 39.22 | 39.22 | 37.54 | 37.70 | 147,039 | |
05/03/2023 | 38.98 | 42.00 | 38.20 | 41.76 | 1,495,733 |
| 42.00 | 42.90 | 40.22 | 41.40 | 342,693 |
| Backtest Storytel | | | Storytel History | | | Storytel Valuation | Previous | Next |
Storytel Trading Date Momentum on May 3, 2023
| On May 04 2023 Storytel AB was traded for 41.40 at the closing time. The highest price during the trading period was 42.90 and the lowest recorded bid was listed for 40.22 . The volume for the day was 342.7 K. This history from May 4, 2023 contributed to the next trading day price decline. The trading price change to the next closing price was 0.86% . The trading price change to the current price is 11.40% . |
Storytel AB Fundamentals Correlations and Trends
By evaluating Storytel'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 Storytel's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Storytel financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Storytel Stock history
Storytel 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 Storytel is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Storytel 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 Storytel stock prices may prove useful in developing a viable investing in Storytel
Storytel AB provides audio books and e-books streaming services. It operates in Sweden, Norway, Denmark, Finland, Iceland, the Netherlands, Poland, Russia, Spain, India, the United Arab Emirates, Turkey, Italy, Mexico, Bulgaria, and internationally. Storytel is traded on Stockholm Stock Exchange in Sweden.
Storytel Stock Technical Analysis
Storytel 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
Storytel Period Price Range
Low | November 27, 2024
| High |
0.00 | 0.00 |
Storytel 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.
Storytel November 27, 2024 Market Strength
Market strength indicators help investors to evaluate how Storytel stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Storytel shares will generate the highest return on investment. By undertsting and applying Storytel stock market strength indicators, traders can identify Storytel AB entry and exit signals to maximize returns
Storytel Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Storytel's price direction in advance. Along with the technical and fundamental analysis of Storytel Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Storytel 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 | 0.089 | |||
| Jensen Alpha | 0.1472 | |||
| Total Risk Alpha | (0.13) | |||
| Sortino Ratio | 0.0627 | |||
| Treynor Ratio | 0.2879 |
| Cycle Indicators | ||
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| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
Complementary Tools for Storytel Stock analysis
When running Storytel's price analysis, check to measure Storytel'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 Storytel is operating at the current time. Most of Storytel's value examination focuses on studying past and present price action to predict the probability of Storytel's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Storytel's price. Additionally, you may evaluate how the addition of Storytel to your portfolios can decrease your overall portfolio volatility.
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