Studsvik (Sweden) Price on December 5, 2024
| SVIK Stock | SEK 120.80 0.60 0.50% |
If you're considering investing in Studsvik Stock, it is important to understand the factors that can impact its price. As of today, the current price of Studsvik stands at 120.80, as last reported on the 8th of January, with the highest price reaching 121.00 and the lowest price hitting 119.20 during the day. Studsvik AB owns Efficiency Ratio (i.e., Sharpe Ratio) of -0.0224, which indicates the firm had a -0.0224% return per unit of risk over the last 3 months. Studsvik AB exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please validate Studsvik's Coefficient Of Variation of (3,896), risk adjusted performance of (0.01), and Variance of 3.79 to confirm the risk estimate we provide.
Studsvik Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
Studsvik |
Sharpe Ratio = -0.0224
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Estimated Market Risk
| 2.04 actual daily | 18 82% of assets are more volatile |
Expected Return
| -0.05 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| -0.02 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Studsvik 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 Studsvik by adding Studsvik to a well-diversified portfolio.
Studsvik Valuation on December 5, 2024
It is possible to determine the worth of Studsvik on a given historical date. On December 5, 2024 Studsvik was worth 120.2 at the beginning of the trading date compared to the closed value of 119.8. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Studsvik stock. Still, in general, we apply an absolute valuation method to find Studsvik'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 Studsvik where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Studsvik's related companies.
| Open | High | Low | Close | Volume | |
| 120.00 | 122.00 | 119.00 | 120.20 | 3,907 | |
12/05/2024 | 120.20 | 120.20 | 119.00 | 119.80 | 1,473 |
| 119.20 | 121.60 | 119.20 | 121.20 | 2,419 |
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Studsvik Trading Date Momentum on December 5, 2024
| On December 06 2024 Studsvik AB was traded for 121.20 at the closing time. The highest price during the trading period was 121.60 and the lowest recorded bid was listed for 119.20 . The volume for the day was 2.4 K. This history from December 6, 2024 contributed to the next trading day price appreciation. The trading price change to the next closing price was 1.17% . The trading price change to the current price is 0.67% . |
Studsvik AB Fundamentals Correlations and Trends
By evaluating Studsvik'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 Studsvik's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Studsvik financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Studsvik Stock history
Studsvik 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 Studsvik is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Studsvik 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 Studsvik stock prices may prove useful in developing a viable investing in Studsvik
Studsvik AB develops, sells, and delivers various technical solutions to the nuclear and radiological sectors in Sweden, rest of Europe, Asia, North America, and internationally. Studsvik AB was founded in 1947 and is headquartered in Nykping, Sweden. Studsvik operates under Power Nuclear And Heavy Engineering classification in Sweden and is traded on Stockholm Stock Exchange. It employs 510 people.
Studsvik Stock Technical Analysis
Studsvik 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
Studsvik Period Price Range
Low | January 8, 2025
| High |
0.00 | 0.00 |
Studsvik 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.
Studsvik January 8, 2025 Market Strength
Market strength indicators help investors to evaluate how Studsvik stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Studsvik shares will generate the highest return on investment. By undertsting and applying Studsvik stock market strength indicators, traders can identify Studsvik AB entry and exit signals to maximize returns
Studsvik Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Studsvik's price direction in advance. Along with the technical and fundamental analysis of Studsvik Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Studsvik 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 | (0.01) | |||
| Jensen Alpha | (0.06) | |||
| Total Risk Alpha | (0.06) | |||
| Treynor Ratio | 0.2011 |
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Additional Tools for Studsvik Stock Analysis
When running Studsvik's price analysis, check to measure Studsvik'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 Studsvik is operating at the current time. Most of Studsvik's value examination focuses on studying past and present price action to predict the probability of Studsvik's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Studsvik's price. Additionally, you may evaluate how the addition of Studsvik to your portfolios can decrease your overall portfolio volatility.