XANO Industri (Sweden) Price on February 24, 2024

XANO-B Stock  SEK 57.60  0.40  0.70%   
If you're considering investing in XANO Stock, it is important to understand the factors that can impact its price. As of today, the current price of XANO Industri stands at 57.60, as last reported on the 1st of December, with the highest price reaching 58.70 and the lowest price hitting 56.80 during the day. XANO Industri AB shows Sharpe Ratio of -0.15, which attests that the company had a -0.15% return per unit of standard deviation over the last 3 months. XANO Industri AB exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please check out XANO Industri's Standard Deviation of 2.69, mean deviation of 1.81, and Risk Adjusted Performance of (0.12) to validate the risk estimate we provide.
  
XANO Stock price history is provided at the adjusted basis, taking into account all of the recent filings.

Sharpe Ratio = -0.1526

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Estimated Market Risk

 2.68
  actual daily
23
77% of assets are more volatile

Expected Return

 -0.41
  actual daily
0
Most of other assets have higher returns

Risk-Adjusted Return

 -0.15
  actual daily
0
Most of other assets perform better
Based on monthly moving average XANO Industri 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 XANO Industri by adding XANO Industri to a well-diversified portfolio.

XANO Industri Valuation on February 24, 2024

It is possible to determine the worth of XANO Industri on a given historical date. On February 24, 2024 XANO was worth 78.89 at the beginning of the trading date compared to the closed value of 78.2. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of XANO Industri stock. Still, in general, we apply an absolute valuation method to find XANO Industri'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 XANO Industri where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against XANO Industri's related companies.
 Open High Low Close Volume
  79.58    79.58    77.91    77.91    2,339  
02/23/2024
  78.89    79.58    77.31    78.20    2,136  
  77.41    78.79    77.41    77.91    1,069  
Backtest XANO Industri  |  XANO Industri History  |  XANO Industri Valuation   PreviousNext  
Open Value
78.89
78.2
Closing Value
86.92
Upside

XANO Industri Trading Date Momentum on February 24, 2024

On February 26 2024 XANO Industri AB was traded for  77.91  at the closing time. The highest price during the trading period was 78.79  and the lowest recorded bid was listed for  77.41 . The volume for the day was 1.1 K. This history from February 26, 2024 contributed to the next trading day price decline. The trading price change to the next closing price was 0.37% . The trading price change to the current price is 2.52% .

XANO Industri AB Fundamentals Correlations and Trends

By evaluating XANO Industri'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 XANO Industri's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. XANO financial account trend analysis is a perfect complement when working with valuation or volatility modules.

About XANO Industri Stock history

XANO Industri 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 XANO is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in XANO Industri 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 XANO Industri stock prices may prove useful in developing a viable investing in XANO Industri
XANO Industri AB , through its subsidiaries, manufactures and sells industrial products and automation equipment. It has operations in the Nordic region, Estonia, the Netherlands, Poland, China, and the United States. XANO Industri operates under Diversified Industrial classification in Sweden and is traded on Stockholm Stock Exchange. It employs 1070 people.

XANO Industri Stock Technical Analysis

XANO Industri 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.
A focus of XANO Industri technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of XANO Industri trading pattern rather than external drivers such as economic, fundamental, or social events. It is believed that price action tends to repeat itself due to investors' collective, patterned behavior. Hence technical analysis focuses on identifiable price trends and conditions. More Info...

Price Boundaries

XANO Industri Period Price Range

Low
December 1, 2024
0.00  NaN%
High

 0.00 

     

 0.00 

XANO Industri 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.

XANO Industri December 1, 2024 Market Strength

Market strength indicators help investors to evaluate how XANO Industri stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading XANO Industri shares will generate the highest return on investment. By undertsting and applying XANO Industri stock market strength indicators, traders can identify XANO Industri AB entry and exit signals to maximize returns

XANO Industri Technical and Predictive Indicators

Predictive indicators are helping investors to find signals for XANO Industri's price direction in advance. Along with the technical and fundamental analysis of XANO Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of XANO 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.

Complementary Tools for XANO Stock analysis

When running XANO Industri's price analysis, check to measure XANO Industri'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 XANO Industri is operating at the current time. Most of XANO Industri's value examination focuses on studying past and present price action to predict the probability of XANO Industri's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move XANO Industri's price. Additionally, you may evaluate how the addition of XANO Industri to your portfolios can decrease your overall portfolio volatility.
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