Swedbank Ab Stock Price on August 16, 2024
SWDBY Stock | USD 19.57 0.34 1.77% |
If you're considering investing in Swedbank Pink Sheet, it is important to understand the factors that can impact its price. As of today, the current price of Swedbank stands at 19.57, as last reported on the 29th of November, with the highest price reaching 19.61 and the lowest price hitting 19.55 during the day. Swedbank AB 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. Swedbank AB exposes twenty-two different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please validate Swedbank's Risk Adjusted Performance of (0.08), variance of 2.19, and Coefficient Of Variation of (948.65) to confirm the risk estimate we provide.
Swedbank Pink Sheet price history is provided at the adjusted basis, taking into account all of the recent filings.
Swedbank |
Sharpe Ratio = -0.1051
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Estimated Market Risk
1.51 actual daily | 13 87% of assets are more volatile |
Expected Return
-0.16 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 Swedbank 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 Swedbank by adding Swedbank to a well-diversified portfolio.
Swedbank Valuation on August 16, 2024
It is possible to determine the worth of Swedbank on a given historical date. On August 16, 2024 Swedbank was worth 20.24 at the beginning of the trading date compared to the closed value of 20.39. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Swedbank pink sheet. Still, in general, we apply an absolute valuation method to find Swedbank'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 Swedbank where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Swedbank's related companies.
Open | High | Low | Close | Volume | |
20.10 | 20.29 | 20.10 | 20.19 | 18,300 | |
08/16/2024 | 20.24 | 20.43 | 20.24 | 20.39 | 8,900 |
20.67 | 20.67 | 20.67 | 20.67 | 14,540 |
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Swedbank Trading Date Momentum on August 16, 2024
On August 19 2024 Swedbank AB was traded for 20.67 at the closing time. The highest daily price throughout the period was 20.67 and the lowest price was 20.67 . The daily volume was 14.5 K. The net trading volume on 08/19/2024 added to the next day price jump. The trading price change to closing price of the next trading day was 1.37% . The trading price change to current closing price is 4.46% . |
Swedbank AB Fundamentals Correlations and Trends
By evaluating Swedbank'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 Swedbank's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Swedbank financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Swedbank Pink Sheet history
Swedbank 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 Swedbank is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Swedbank 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 Swedbank stock prices may prove useful in developing a viable investing in Swedbank
Swedbank AB provides various banking products and services to individuals and companies. Swedbank AB was founded in 1820 and is headquartered in Sundbyberg, Sweden. Swedbank operates under BanksRegional classification in the United States and is traded on OTC Exchange. It employs 16688 people.
Swedbank Pink Sheet Technical Analysis
Swedbank 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
Swedbank Period Price Range
Low | November 29, 2024
| High |
0.00 | 0.00 |
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Swedbank November 29, 2024 Market Strength
Market strength indicators help investors to evaluate how Swedbank 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 Swedbank shares will generate the highest return on investment. By undertsting and applying Swedbank pink sheet market strength indicators, traders can identify Swedbank AB entry and exit signals to maximize returns
Swedbank Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Swedbank's price direction in advance. Along with the technical and fundamental analysis of Swedbank Pink Sheet historical price patterns, it is also worthwhile for investors to track various predictive indicators of Swedbank 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 | (0.39) | |||
Treynor Ratio | 7.19 |
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Additional Tools for Swedbank Pink Sheet Analysis
When running Swedbank's price analysis, check to measure Swedbank'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 Swedbank is operating at the current time. Most of Swedbank's value examination focuses on studying past and present price action to predict the probability of Swedbank's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Swedbank's price. Additionally, you may evaluate how the addition of Swedbank to your portfolios can decrease your overall portfolio volatility.