Train Alliance (Sweden) Price on November 10, 2023
TRAIN-B Stock | SEK 18.70 0.25 1.32% |
If you're considering investing in Train Stock, it is important to understand the factors that can impact its price. As of today, the current price of Train Alliance stands at 18.70, as last reported on the 28th of November, with the highest price reaching 18.85 and the lowest price hitting 18.60 during the day. Train Alliance Sweden owns Efficiency Ratio (i.e., Sharpe Ratio) of -0.0036, which indicates the firm had a -0.0036% return per unit of risk over the last 3 months. Train Alliance Sweden exposes twenty-nine different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please validate Train Alliance's Semi Deviation of 1.18, risk adjusted performance of 0.0209, and Coefficient Of Variation of 4516.16 to confirm the risk estimate we provide.
Train Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
Train |
Sharpe Ratio = -0.0036
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Estimated Market Risk
1.27 actual daily | 11 89% of assets are more volatile |
Expected Return
0.0 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
0.0 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Train Alliance 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 Train Alliance by adding Train Alliance to a well-diversified portfolio.
Train Alliance Valuation on November 10, 2023
It is possible to determine the worth of Train Alliance on a given historical date. On November 10, 2023 Train was worth 21.04 at the beginning of the trading date compared to the closed value of 21.53. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Train Alliance stock. Still, in general, we apply an absolute valuation method to find Train Alliance'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 Train Alliance where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Train Alliance's related companies.
Open | High | Low | Close | Volume | |
19.75 | 21.14 | 19.26 | 21.04 | 17,376 | |
11/10/2023 | 21.04 | 21.53 | 20.05 | 21.53 | 19,736 |
21.53 | 21.53 | 20.15 | 20.74 | 28,271 |
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Train Alliance Trading Date Momentum on November 10, 2023
On November 13 2023 Train Alliance Sweden was traded for 20.74 at the closing time. The highest price during the trading period was 21.53 and the lowest recorded bid was listed for 20.15 . The volume for the day was 28.3 K. This history from November 13, 2023 contributed to the next trading day price decline. The trading price change to the next closing price was 3.67% . The trading price change to the current price is 4.60% . |
Train Alliance Sweden Fundamentals Correlations and Trends
By evaluating Train Alliance'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 Train Alliance's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Train financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Train Alliance Stock history
Train Alliance 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 Train is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Train Alliance Sweden 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 Train Alliance stock prices may prove useful in developing a viable investing in Train Alliance
Train Alliance Stock Technical Analysis
Train Alliance 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
Train Alliance Period Price Range
Low | November 28, 2024
| High |
0.00 | 0.00 |
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Train Alliance November 28, 2024 Market Strength
Market strength indicators help investors to evaluate how Train Alliance stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Train Alliance shares will generate the highest return on investment. By undertsting and applying Train Alliance stock market strength indicators, traders can identify Train Alliance Sweden entry and exit signals to maximize returns
Train Alliance Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Train Alliance's price direction in advance. Along with the technical and fundamental analysis of Train Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Train 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 | 0.0209 | |||
Jensen Alpha | 0.0098 | |||
Total Risk Alpha | (0.18) | |||
Sortino Ratio | (0.07) | |||
Treynor Ratio | 0.2635 |
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Volume Indicators |
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When running Train Alliance's price analysis, check to measure Train Alliance'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 Train Alliance is operating at the current time. Most of Train Alliance's value examination focuses on studying past and present price action to predict the probability of Train Alliance's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Train Alliance's price. Additionally, you may evaluate how the addition of Train Alliance to your portfolios can decrease your overall portfolio volatility.
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