Tele2 AB (Sweden) Price on October 18, 2024
| TEL2-B Stock | SEK 112.60 0.65 0.57% |
If you're considering investing in Tele2 Stock, it is important to understand the factors that can impact its price. As of today, the current price of Tele2 AB stands at 112.60, as last reported on the 26th of November, with the highest price reaching 113.50 and the lowest price hitting 112.15 during the day. At this point, Tele2 AB is very steady. Tele2 AB owns Efficiency Ratio (i.e., Sharpe Ratio) of 0.027, which indicates the firm had a 0.027% return per unit of risk over the last 3 months. We have found twenty-eight technical indicators for Tele2 AB, which you can use to evaluate the volatility of the company. Please validate Tele2 AB's Semi Deviation of 1.02, risk adjusted performance of 0.0411, and Coefficient Of Variation of 1992.09 to confirm if the risk estimate we provide is consistent with the expected return of 0.0287%.
Tele2 Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
Tele2 |
Sharpe Ratio = 0.027
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| Negative Returns | TEL2-B |
Estimated Market Risk
| 1.06 actual daily | 9 91% of assets are more volatile |
Expected Return
| 0.03 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| 0.03 actual daily | 2 98% of assets perform better |
Based on monthly moving average Tele2 AB is performing at about 2% 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 Tele2 AB by adding it to a well-diversified portfolio.
Tele2 AB Valuation on October 18, 2024
It is possible to determine the worth of Tele2 AB on a given historical date. On October 18, 2024 Tele2 was worth 113.0 at the beginning of the trading date compared to the closed value of 113.35. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Tele2 AB stock. Still, in general, we apply an absolute valuation method to find Tele2 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 Tele2 AB where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Tele2 AB's related companies.
| Open | High | Low | Close | Volume | |
| 115.15 | 115.45 | 113.05 | 113.35 | 1,834,942 | |
10/18/2024 | 113.00 | 113.45 | 111.80 | 113.35 | 1,301,119 |
| 113.20 | 113.20 | 111.55 | 111.55 | 3,727,294 |
| Backtest Tele2 AB | | | Tele2 AB History | | | Tele2 AB Valuation | Previous | Next |
Tele2 AB Trading Date Momentum on October 18, 2024
| On October 21 2024 Tele2 AB was traded for 111.55 at the closing time. The highest price during the trading period was 113.20 and the lowest recorded bid was listed for 111.55 . The volume for the day was 3.7 M. This history from October 21, 2024 contributed to the next trading day price decline. The trading price change to the next closing price was 1.59% . The trading price change to the current price is 0.40% . |
Tele2 AB Fundamentals Correlations and Trends
By evaluating Tele2 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 Tele2 AB's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Tele2 financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Tele2 AB Stock history
Tele2 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 Tele2 is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Tele2 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 Tele2 AB stock prices may prove useful in developing a viable investing in Tele2 AB
Tele2 AB , a telecom operator, provides telecommunication services for residential and business customers. Tele2 AB was founded in 1993 and is headquartered in Stockholm, Sweden. Tele2 AB operates under Telecom Services classification in Sweden and is traded on Stockholm Stock Exchange. It employs 5184 people.
Tele2 AB Stock Technical Analysis
Tele2 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
Tele2 AB Period Price Range
Low | November 26, 2024
| High |
0.00 | 0.00 |
Tele2 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.
Tele2 AB November 26, 2024 Market Strength
Market strength indicators help investors to evaluate how Tele2 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 Tele2 AB shares will generate the highest return on investment. By undertsting and applying Tele2 AB stock market strength indicators, traders can identify Tele2 AB entry and exit signals to maximize returns
Tele2 AB Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Tele2 AB's price direction in advance. Along with the technical and fundamental analysis of Tele2 Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Tele2 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 | 0.0411 | |||
| Jensen Alpha | 0.0528 | |||
| Total Risk Alpha | (0.12) | |||
| Sortino Ratio | (0.07) | |||
| Treynor Ratio | (0.52) |
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| Volatility Indicators | ||
| Volume Indicators |
Complementary Tools for Tele2 Stock analysis
When running Tele2 AB's price analysis, check to measure Tele2 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 Tele2 AB is operating at the current time. Most of Tele2 AB's value examination focuses on studying past and present price action to predict the probability of Tele2 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 Tele2 AB's price. Additionally, you may evaluate how the addition of Tele2 AB to your portfolios can decrease your overall portfolio volatility.
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