TagMaster (Sweden) Price on October 16, 2024
TAGM-B Stock | SEK 13.40 0.05 0.37% |
If you're considering investing in TagMaster Stock, it is important to understand the factors that can impact its price. As of today, the current price of TagMaster stands at 13.40, as last reported on the 12th of December 2024, with the highest price reaching 13.40 and the lowest price hitting 12.00 during the day. TagMaster AB Series owns Efficiency Ratio (i.e., Sharpe Ratio) of -0.0634, which indicates the firm had a -0.0634% return per unit of risk over the last 3 months. TagMaster AB Series exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please validate TagMaster's Coefficient Of Variation of (1,901), risk adjusted performance of (0.03), and Variance of 12.16 to confirm the risk estimate we provide.
TagMaster Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
TagMaster |
Sharpe Ratio = -0.0634
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Estimated Market Risk
3.53 actual daily | 31 69% of assets are more volatile |
Expected Return
-0.22 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
-0.06 actual daily | 0 Most of other assets perform better |
Based on monthly moving average TagMaster 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 TagMaster by adding TagMaster to a well-diversified portfolio.
TagMaster Valuation on October 16, 2024
It is possible to determine the worth of TagMaster on a given historical date. On October 16, 2024 TagMaster was worth 15.35 at the beginning of the trading date compared to the closed value of 15.2. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of TagMaster stock. Still, in general, we apply an absolute valuation method to find TagMaster'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 TagMaster where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against TagMaster's related companies.
Open | High | Low | Close | Volume | |
15.05 | 15.35 | 15.05 | 15.35 | 8,666 | |
10/16/2024 | 15.35 | 15.35 | 15.20 | 15.20 | 70.00 |
16.25 | 16.25 | 14.95 | 14.95 | 1,687 |
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TagMaster Trading Date Momentum on October 16, 2024
On October 17 2024 TagMaster AB Series was traded for 14.95 at the closing time. The highest price during the trading period was 16.25 and the lowest recorded bid was listed for 14.95 . The volume for the day was 1.7 K. This history from October 17, 2024 contributed to the next trading day price decline. The trading price change to the next closing price was 1.64% . The trading price change to the current price is 21.05% . |
TagMaster AB Series Fundamentals Correlations and Trends
By evaluating TagMaster'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 TagMaster's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. TagMaster financial account trend analysis is a perfect complement when working with valuation or volatility modules.About TagMaster Stock history
TagMaster 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 TagMaster is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in TagMaster AB Series 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 TagMaster stock prices may prove useful in developing a viable investing in TagMaster
TagMaster AB , a technology company, designs and markets advanced identification systems and solutions based on radio, radar, and camera technologies under the TagMaster, CitySync, Balogh, CA Traffic, and Magsys brand names. TagMaster AB was founded in 1994 and is headquartered in Kista, Sweden. TagMaster operates under Electronic Finished Products classification in Sweden and is traded on Stockholm Stock Exchange. It employs 113 people.
TagMaster Stock Technical Analysis
TagMaster 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
TagMaster Period Price Range
Low | December 12, 2024
| High |
0.00 | 0.00 |
TagMaster AB Series 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.
TagMaster December 12, 2024 Market Strength
Market strength indicators help investors to evaluate how TagMaster stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading TagMaster shares will generate the highest return on investment. By undertsting and applying TagMaster stock market strength indicators, traders can identify TagMaster AB Series entry and exit signals to maximize returns
TagMaster Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for TagMaster's price direction in advance. Along with the technical and fundamental analysis of TagMaster Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of TagMaster 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 | (0.03) | |||
Jensen Alpha | (0.19) | |||
Total Risk Alpha | (0.75) | |||
Treynor Ratio | 2.68 |
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When running TagMaster's price analysis, check to measure TagMaster'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 TagMaster is operating at the current time. Most of TagMaster's value examination focuses on studying past and present price action to predict the probability of TagMaster's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move TagMaster's price. Additionally, you may evaluate how the addition of TagMaster to your portfolios can decrease your overall portfolio volatility.
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