AB Volvo (Germany) Price on December 3, 2024
| VOL3 Stock | EUR 25.20 0.18 0.72% |
If you're considering investing in VOL3 Stock, it is important to understand the factors that can impact its price. As of today, the current price of AB Volvo stands at 25.20, as last reported on the 11th of December 2024, with the highest price reaching 25.20 and the lowest price hitting 24.90 during the day. AB Volvo appears to be very steady, given 3 months investment horizon. AB Volvo retains Efficiency (Sharpe Ratio) of 0.13, which signifies that the company had a 0.13% return per unit of price deviation over the last 3 months. We have found twenty-nine technical indicators for AB Volvo, which you can use to evaluate the volatility of the entity. Please makes use of AB Volvo's Market Risk Adjusted Performance of 0.4305, coefficient of variation of 877.49, and Standard Deviation of 1.57 to double-check if our risk estimates are consistent with your expectations.
VOL3 Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
VOL3 |
Sharpe Ratio = 0.1335
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Estimated Market Risk
| 1.55 actual daily | 13 87% of assets are more volatile |
Expected Return
| 0.21 actual daily | 4 96% of assets have higher returns |
Risk-Adjusted Return
| 0.13 actual daily | 10 90% of assets perform better |
Based on monthly moving average AB Volvo is performing at about 10% 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 AB Volvo by adding it to a well-diversified portfolio.
AB Volvo Valuation on December 3, 2024
It is possible to determine the worth of AB Volvo on a given historical date. On December 3, 2024 VOL3 was worth 23.96 at the beginning of the trading date compared to the closed value of 24.2. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of AB Volvo stock. Still, in general, we apply an absolute valuation method to find AB Volvo'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 AB Volvo where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against AB Volvo's related companies.
| Open | High | Low | Close | Volume | |
| 23.40 | 23.40 | 23.40 | 23.40 | 185.00 | |
12/03/2024 | 23.96 | 24.20 | 23.96 | 24.20 | 185.00 |
| 24.06 | 24.06 | 24.06 | 24.06 | 185.00 |
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AB Volvo Trading Date Momentum on December 3, 2024
| On December 04 2024 AB Volvo was traded for 24.06 at the closing time. The maximum traded price for the trading interval was 24.06 and the lowest daily price was 24.06 . The daily volume was recorded at 185. The volume of trading on 4th of December 2024 played a part in the next trading day price drop. The trading price change to the next closing price was 0.58% . The overall trading delta to the closing price today is 2.89% . |
AB Volvo Fundamentals Correlations and Trends
By evaluating AB Volvo'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 AB Volvo's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. VOL3 financial account trend analysis is a perfect complement when working with valuation or volatility modules.About AB Volvo Stock history
AB Volvo 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 VOL3 is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in AB Volvo 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 AB Volvo stock prices may prove useful in developing a viable investing in AB Volvo
AB Volvo , together with its subsidiaries, manufactures and sells trucks, buses, construction equipment, and marine and industrial engines in Europe, North America, South America, Asia, Africa, and Oceania. AB Volvo was incorporated in 1915 and is headquartered in Gothenburg, Sweden. AB Volvo is traded on Frankfurt Stock Exchange in Germany.
AB Volvo Stock Technical Analysis
AB Volvo 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
AB Volvo Period Price Range
Low | December 11, 2024
| High |
0.00 | 0.00 |
AB Volvo cannot be verified against its exchange. Please verify the symbol is currently traded on Frankfurt 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.
AB Volvo December 11, 2024 Market Strength
Market strength indicators help investors to evaluate how AB Volvo stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading AB Volvo shares will generate the highest return on investment. By undertsting and applying AB Volvo stock market strength indicators, traders can identify AB Volvo entry and exit signals to maximize returns
AB Volvo Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for AB Volvo's price direction in advance. Along with the technical and fundamental analysis of VOL3 Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of VOL3 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 | 0.0877 | |||
| Jensen Alpha | 0.1226 | |||
| Total Risk Alpha | (0.08) | |||
| Sortino Ratio | 0.0347 | |||
| Treynor Ratio | 0.4205 |
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Complementary Tools for VOL3 Stock analysis
When running AB Volvo's price analysis, check to measure AB Volvo'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 AB Volvo is operating at the current time. Most of AB Volvo's value examination focuses on studying past and present price action to predict the probability of AB Volvo's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move AB Volvo's price. Additionally, you may evaluate how the addition of AB Volvo to your portfolios can decrease your overall portfolio volatility.
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