Truecaller (Sweden) Price on September 20, 2024
| TRUE-B Stock | SEK 48.60 0.62 1.29% |
If you're considering investing in Truecaller Stock, it is important to understand the factors that can impact its price. As of today, the current price of Truecaller stands at 48.60, as last reported on the 29th of November, with the highest price reaching 48.80 and the lowest price hitting 47.58 during the day. Truecaller appears to be very steady, given 3 months investment horizon. Truecaller AB owns Efficiency Ratio (i.e., Sharpe Ratio) of 0.19, which indicates the firm had a 0.19% return per unit of risk over the last 3 months. By inspecting Truecaller's technical indicators, you can evaluate if the expected return of 0.55% is justified by implied risk. Please review Truecaller's Coefficient Of Variation of 539.84, semi deviation of 2.42, and Risk Adjusted Performance of 0.1493 to confirm if our risk estimates are consistent with your expectations.
Truecaller Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
Truecaller |
Sharpe Ratio = 0.1917
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Estimated Market Risk
| 2.88 actual daily | 25 75% of assets are more volatile |
Expected Return
| 0.55 actual daily | 10 90% of assets have higher returns |
Risk-Adjusted Return
| 0.19 actual daily | 15 85% of assets perform better |
Based on monthly moving average Truecaller is performing at about 15% 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 Truecaller by adding it to a well-diversified portfolio.
Truecaller Valuation on September 20, 2024
It is possible to determine the worth of Truecaller on a given historical date. On September 20, 2024 Truecaller was worth 40.12 at the beginning of the trading date compared to the closed value of 41.74. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Truecaller stock. Still, in general, we apply an absolute valuation method to find Truecaller'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 Truecaller where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Truecaller's related companies.
| Open | High | Low | Close | Volume | |
| 38.50 | 40.30 | 38.18 | 40.30 | 610,558 | |
09/20/2024 | 40.12 | 41.84 | 40.00 | 41.74 | 1,085,594 |
| 41.74 | 42.48 | 41.24 | 41.78 | 896,196 |
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Truecaller Trading Date Momentum on September 20, 2024
| On September 23 2024 Truecaller AB was traded for 41.78 at the closing time. The highest price during the trading period was 42.48 and the lowest recorded bid was listed for 41.24 . The volume for the day was 896.2 K. This history from September 23, 2024 contributed to the next trading day price jump. The trading price change to the next closing price was 0.10% . The trading price change to the current price is 8.48% . |
Truecaller AB Fundamentals Correlations and Trends
By evaluating Truecaller'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 Truecaller's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Truecaller financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Truecaller Stock history
Truecaller 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 Truecaller is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Truecaller 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 Truecaller stock prices may prove useful in developing a viable investing in Truecaller
Truecaller Stock Technical Analysis
Truecaller 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
Truecaller Period Price Range
Low | November 29, 2024
| High |
0.00 | 0.00 |
Truecaller 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.
Truecaller November 29, 2024 Market Strength
Market strength indicators help investors to evaluate how Truecaller stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Truecaller shares will generate the highest return on investment. By undertsting and applying Truecaller stock market strength indicators, traders can identify Truecaller AB entry and exit signals to maximize returns
Truecaller Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Truecaller's price direction in advance. Along with the technical and fundamental analysis of Truecaller Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Truecaller 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 | 0.1493 | |||
| Jensen Alpha | 0.6418 | |||
| Total Risk Alpha | 0.0899 | |||
| Sortino Ratio | 0.1292 | |||
| Treynor Ratio | (0.51) |
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| Volatility Indicators | ||
| Volume Indicators |
Complementary Tools for Truecaller Stock analysis
When running Truecaller's price analysis, check to measure Truecaller'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 Truecaller is operating at the current time. Most of Truecaller's value examination focuses on studying past and present price action to predict the probability of Truecaller's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Truecaller's price. Additionally, you may evaluate how the addition of Truecaller to your portfolios can decrease your overall portfolio volatility.
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