Wallenstam (Sweden) Price on July 10, 2024
WALL-B Stock | SEK 51.40 0.35 0.69% |
If you're considering investing in Wallenstam Stock, it is important to understand the factors that can impact its price. As of today, the current price of Wallenstam stands at 51.40, as last reported on the 29th of November, with the highest price reaching 51.90 and the lowest price hitting 50.95 during the day. Wallenstam AB shows Sharpe Ratio of -0.0283, which attests that the company had a -0.0283% return per unit of risk over the last 3 months. Wallenstam AB exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please check out Wallenstam's Standard Deviation of 1.61, mean deviation of 1.34, and Market Risk Adjusted Performance of (0.11) to validate the risk estimate we provide.
Wallenstam Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
Wallenstam |
Sharpe Ratio = -0.0283
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Estimated Market Risk
1.61 actual daily | 14 86% of assets are more volatile |
Expected Return
-0.05 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
-0.03 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Wallenstam 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 Wallenstam by adding Wallenstam to a well-diversified portfolio.
Wallenstam Valuation on July 10, 2024
It is possible to determine the worth of Wallenstam on a given historical date. On July 10, 2024 Wallenstam was worth 55.73 at the beginning of the trading date compared to the closed value of 56.23. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Wallenstam stock. Still, in general, we apply an absolute valuation method to find Wallenstam'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 Wallenstam where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Wallenstam's related companies.
Open | High | Low | Close | Volume | |
52.45 | 56.63 | 52.45 | 55.53 | 1,694,572 | |
07/10/2024 | 55.73 | 56.53 | 55.14 | 56.23 | 806,310 |
56.73 | 57.03 | 55.48 | 57.03 | 451,160 |
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Wallenstam Trading Date Momentum on July 10, 2024
On July 11 2024 Wallenstam AB was traded for 57.03 at the closing time. The highest price during the trading period was 57.03 and the lowest recorded bid was listed for 55.48 . The volume for the day was 451.2 K. This history from July 11, 2024 contributed to the next trading day price jump. The trading price change to the next closing price was 1.42% . The trading price change to the current price is 0.09% . |
Wallenstam AB Fundamentals Correlations and Trends
By evaluating Wallenstam'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 Wallenstam's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Wallenstam financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Wallenstam Stock history
Wallenstam 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 Wallenstam is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Wallenstam 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 Wallenstam stock prices may prove useful in developing a viable investing in Wallenstam
Wallenstam AB develops, builds, buys, sells, and manages residential and commercial properties for people and businesses in Gothenburg, Stockholm, and Helsingborg, Sweden. Wallenstam AB was founded in 1944 and is headquartered in Gothenburg, Sweden. Wallenstam operates under Real Estate - General classification in Sweden and is traded on Stockholm Stock Exchange. It employs 250 people.
Wallenstam Stock Technical Analysis
Wallenstam 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
Wallenstam Period Price Range
Low | November 29, 2024
| High |
0.00 | 0.00 |
Wallenstam 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.
Wallenstam November 29, 2024 Market Strength
Market strength indicators help investors to evaluate how Wallenstam stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Wallenstam shares will generate the highest return on investment. By undertsting and applying Wallenstam stock market strength indicators, traders can identify Wallenstam AB entry and exit signals to maximize returns
Wallenstam Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Wallenstam's price direction in advance. Along with the technical and fundamental analysis of Wallenstam Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Wallenstam 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 | (0.01) | |||
Jensen Alpha | (0.08) | |||
Total Risk Alpha | (0.29) | |||
Treynor Ratio | (0.12) |
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Volume Indicators |
Complementary Tools for Wallenstam Stock analysis
When running Wallenstam's price analysis, check to measure Wallenstam'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 Wallenstam is operating at the current time. Most of Wallenstam's value examination focuses on studying past and present price action to predict the probability of Wallenstam's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Wallenstam's price. Additionally, you may evaluate how the addition of Wallenstam to your portfolios can decrease your overall portfolio volatility.
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