TF Bank (Sweden) Price on October 16, 2024
| TFBANK Stock | SEK 314.00 3.00 0.95% |
If you're considering investing in TFBANK Stock, it is important to understand the factors that can impact its price. As of today, the current price of TF Bank stands at 314.00, as last reported on the 26th of November, with the highest price reaching 320.00 and the lowest price hitting 311.00 during the day. TF Bank appears to be very steady, given 3 months investment horizon. TF Bank AB retains Efficiency (Sharpe Ratio) of 0.17, which indicates the firm had a 0.17% return per unit of price deviation over the last 3 months. We have found twenty-nine technical indicators for TF Bank, which you can use to evaluate the volatility of the company. Please review TF Bank's Risk Adjusted Performance of 0.1374, mean deviation of 1.43, and Downside Deviation of 1.27 to confirm if our risk estimates are consistent with your expectations.
TFBANK Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
TFBANK |
Sharpe Ratio = 0.1743
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Estimated Market Risk
| 2.18 actual daily | 19 81% of assets are more volatile |
Expected Return
| 0.38 actual daily | 7 93% of assets have higher returns |
Risk-Adjusted Return
| 0.17 actual daily | 13 87% of assets perform better |
Based on monthly moving average TF Bank is performing at about 13% 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 TF Bank by adding it to a well-diversified portfolio.
TF Bank Valuation on October 16, 2024
It is possible to determine the worth of TF Bank on a given historical date. On October 16, 2024 TFBANK was worth 302.0 at the beginning of the trading date compared to the closed value of 315.0. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of TF Bank stock. Still, in general, we apply an absolute valuation method to find TF Bank'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 TF Bank where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against TF Bank's related companies.
| Open | High | Low | Close | Volume | |
| 302.00 | 315.00 | 295.00 | 303.00 | 61,107 | |
10/16/2024 | 302.00 | 317.00 | 302.00 | 315.00 | 38,625 |
| 316.00 | 316.00 | 310.00 | 314.00 | 10,318 |
| Backtest TF Bank | | | TF Bank History | | | TF Bank Valuation | Previous | Next |
TF Bank Trading Date Momentum on October 16, 2024
| On October 17 2024 TF Bank AB was traded for 314.00 at the closing time. The highest price during the trading period was 316.00 and the lowest recorded bid was listed for 310.00 . The volume for the day was 10.3 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 0.32% . The trading price change to the current price is 4.76% . |
TF Bank AB Fundamentals Correlations and Trends
By evaluating TF Bank'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 TF Bank's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. TFBANK financial account trend analysis is a perfect complement when working with valuation or volatility modules.About TF Bank Stock history
TF Bank 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 TFBANK is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in TF Bank 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 TF Bank stock prices may prove useful in developing a viable investing in TF Bank
TF Bank AB provides consumer banking services in Sweden, Finland, Norway, Denmark, Germany, Lithuania, Denmark, Estonia, Latvia, and Poland. The company was founded in 1987 and is headquartered in Bors, Sweden. TF Bank operates under Banks - Regional - Europe classification in Sweden and is traded on Stockholm Stock Exchange. It employs 164 people.
TF Bank Stock Technical Analysis
TF Bank 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
TF Bank Period Price Range
Low | November 26, 2024
| High |
0.00 | 0.00 |
TF Bank 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.
TF Bank November 26, 2024 Market Strength
Market strength indicators help investors to evaluate how TF Bank stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading TF Bank shares will generate the highest return on investment. By undertsting and applying TF Bank stock market strength indicators, traders can identify TF Bank AB entry and exit signals to maximize returns
TF Bank Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for TF Bank's price direction in advance. Along with the technical and fundamental analysis of TFBANK Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of TFBANK 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 | 0.1374 | |||
| Jensen Alpha | 0.4111 | |||
| Total Risk Alpha | 0.0245 | |||
| Sortino Ratio | 0.1885 | |||
| Treynor Ratio | (0.80) |
| Cycle Indicators | ||
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| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
Complementary Tools for TFBANK Stock analysis
When running TF Bank's price analysis, check to measure TF Bank'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 TF Bank is operating at the current time. Most of TF Bank's value examination focuses on studying past and present price action to predict the probability of TF Bank's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move TF Bank's price. Additionally, you may evaluate how the addition of TF Bank to your portfolios can decrease your overall portfolio volatility.
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