Sweco AB (Sweden) Price on May 5, 2023
SWEC-B Stock | SEK 163.70 3.00 1.87% |
If you're considering investing in Sweco Stock, it is important to understand the factors that can impact its price. As of today, the current price of Sweco AB stands at 163.70, as last reported on the 30th of November, with the highest price reaching 163.90 and the lowest price hitting 159.70 during the day. Sweco AB owns Efficiency Ratio (i.e., Sharpe Ratio) of -0.0134, which indicates the firm had a -0.0134% return per unit of risk over the last 3 months. Sweco AB exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please validate Sweco AB's Coefficient Of Variation of (5,620), risk adjusted performance of (0.01), and Variance of 3.17 to confirm the risk estimate we provide.
Sweco Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
Sweco |
Sharpe Ratio = -0.0134
Best Portfolio | Best Equity | |||
Good Returns | ||||
Average Returns | ||||
Small Returns | ||||
Cash | Small Risk | Average Risk | High Risk | Huge Risk |
Negative Returns | SWEC-B |
Estimated Market Risk
1.79 actual daily | 15 85% of assets are more volatile |
Expected Return
-0.02 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
-0.01 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Sweco AB 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 Sweco AB by adding Sweco AB to a well-diversified portfolio.
Sweco AB Valuation on May 5, 2023
It is possible to determine the worth of Sweco AB on a given historical date. On May 5, 2023 Sweco was worth 131.17 at the beginning of the trading date compared to the closed value of 131.75. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Sweco AB stock. Still, in general, we apply an absolute valuation method to find Sweco 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 Sweco AB where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Sweco AB's related companies.
Open | High | Low | Close | Volume | |
129.51 | 131.36 | 128.44 | 131.17 | 321,204 | |
05/05/2023 | 131.17 | 132.14 | 129.42 | 131.75 | 177,356 |
131.75 | 132.63 | 130.49 | 132.14 | 89,493 |
Backtest Sweco AB | | | Sweco AB History | | | Sweco AB Valuation | Previous | Next |
Sweco AB Trading Date Momentum on May 5, 2023
On May 08 2023 Sweco AB was traded for 132.14 at the closing time. The highest price during the trading period was 132.63 and the lowest recorded bid was listed for 130.49 . The volume for the day was 89.5 K. This history from May 8, 2023 contributed to the next trading day price jump. The trading price change to the next closing price was 0.30% . The trading price change to the current price is 3.03% . |
Sweco AB Fundamentals Correlations and Trends
By evaluating Sweco 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 Sweco AB's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Sweco financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Sweco AB Stock history
Sweco 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 Sweco is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Sweco 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 Sweco AB stock prices may prove useful in developing a viable investing in Sweco AB
Sweco AB provides consulting services in engineering, environmental technology, and architecture fields worldwide. Additionally, the company offers electricity and automation, industrial electronics, plant design, process engineering, and logistics services HVAC and sanitation, fire engineering and risk analysis, electrical systems, physical protection, environment and energy, telecom system, lighting design, and monitoring and inspection services for buildings IT solution for urban development and project management, social analysis, and water and environment services. SWECO AB operates under Engineering Construction classification in Sweden and is traded on Stockholm Stock Exchange. It employs 16000 people.
Sweco AB Stock Technical Analysis
Sweco AB 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
Sweco AB Period Price Range
Low | November 30, 2024
| High |
0.00 | 0.00 |
Sweco 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.
Sweco AB November 30, 2024 Market Strength
Market strength indicators help investors to evaluate how Sweco AB stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Sweco AB shares will generate the highest return on investment. By undertsting and applying Sweco AB stock market strength indicators, traders can identify Sweco AB entry and exit signals to maximize returns
Sweco AB Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Sweco AB's price direction in advance. Along with the technical and fundamental analysis of Sweco Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Sweco 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 | (0.04) | |||
Total Risk Alpha | (0.34) | |||
Treynor Ratio | (3.09) |
Cycle Indicators | ||
Math Operators | ||
Math Transform | ||
Momentum Indicators | ||
Overlap Studies | ||
Pattern Recognition | ||
Price Transform | ||
Statistic Functions | ||
Volatility Indicators | ||
Volume Indicators |
Complementary Tools for Sweco Stock analysis
When running Sweco AB's price analysis, check to measure Sweco 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 Sweco AB is operating at the current time. Most of Sweco AB's value examination focuses on studying past and present price action to predict the probability of Sweco 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 Sweco AB's price. Additionally, you may evaluate how the addition of Sweco AB to your portfolios can decrease your overall portfolio volatility.
Technical Analysis Check basic technical indicators and analysis based on most latest market data | |
Sign In To Macroaxis Sign in to explore Macroaxis' wealth optimization platform and fintech modules | |
ETF Categories List of ETF categories grouped based on various criteria, such as the investment strategy or type of investments | |
Price Transformation Use Price Transformation models to analyze the depth of different equity instruments across global markets | |
Watchlist Optimization Optimize watchlists to build efficient portfolios or rebalance existing positions based on the mean-variance optimization algorithm | |
Equity Forecasting Use basic forecasting models to generate price predictions and determine price momentum | |
Equity Valuation Check real value of public entities based on technical and fundamental data |