Scandinavian Tobacco (Germany) Price on October 18, 2024
8ZI Stock | EUR 12.92 0.10 0.77% |
If you're considering investing in Scandinavian Stock, it is important to understand the factors that can impact its price. As of today, the current price of Scandinavian Tobacco stands at 12.92, as last reported on the 30th of November, with the highest price reaching 12.92 and the lowest price hitting 12.92 during the day. Scandinavian Tobacco owns Efficiency Ratio (i.e., Sharpe Ratio) of -0.0859, which indicates the firm had a -0.0859% return per unit of risk over the last 3 months. Scandinavian Tobacco Group exposes twenty-two different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please validate Scandinavian Tobacco's Variance of 2.46, coefficient of variation of (1,467), and Risk Adjusted Performance of (0.05) to confirm the risk estimate we provide.
Scandinavian Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
Scandinavian |
Sharpe Ratio = -0.0859
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Estimated Market Risk
1.57 actual daily | 13 87% of assets are more volatile |
Expected Return
-0.13 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
-0.09 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Scandinavian Tobacco 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 Scandinavian Tobacco by adding Scandinavian Tobacco to a well-diversified portfolio.
Scandinavian Tobacco Valuation on October 18, 2024
It is possible to determine the worth of Scandinavian Tobacco on a given historical date. On October 18, 2024 Scandinavian was worth 13.92 at the beginning of the trading date compared to the closed value of 13.92. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Scandinavian Tobacco stock. Still, in general, we apply an absolute valuation method to find Scandinavian Tobacco'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 Scandinavian Tobacco where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Scandinavian Tobacco's related companies.
Open | High | Low | Close | Volume | |
13.90 | 13.90 | 13.90 | 13.90 | 180.00 | |
10/18/2024 | 13.92 | 13.92 | 13.92 | 13.92 | 180.00 |
13.70 | 13.70 | 13.70 | 13.70 | 180.00 |
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Scandinavian Tobacco Trading Date Momentum on October 18, 2024
On October 21 2024 Scandinavian Tobacco Group was traded for 13.70 at the closing time. The highest daily price throughout the period was 13.70 and the lowest price was 13.70 . The daily volume was 180. The net trading volume on 10/21/2024 added to the next day price reduction. The daily price change to closing price of the next trading day was 1.58% . The trading price change to current closing price is 2.01% . |
Scandinavian Tobacco Fundamentals Correlations and Trends
By evaluating Scandinavian Tobacco'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 Scandinavian Tobacco's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Scandinavian financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Scandinavian Tobacco Stock history
Scandinavian Tobacco 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 Scandinavian is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Scandinavian Tobacco 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 Scandinavian Tobacco stock prices may prove useful in developing a viable investing in Scandinavian Tobacco
Scandinavian Tobacco Group AS manufactures and sells handmade and machine-made cigars, and pipe tobacco worldwide. The company was founded in 1750 and is headquartered in Sborg, Denmark. SCAND TOBACCO is traded on Frankfurt Stock Exchange in Germany.
Scandinavian Tobacco Stock Technical Analysis
Scandinavian Tobacco 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
Scandinavian Tobacco Period Price Range
Low | November 30, 2024
| High |
0.00 | 0.00 |
Scandinavian Tobacco Group 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.
Scandinavian Tobacco November 30, 2024 Market Strength
Market strength indicators help investors to evaluate how Scandinavian Tobacco stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Scandinavian Tobacco shares will generate the highest return on investment. By undertsting and applying Scandinavian Tobacco stock market strength indicators, traders can identify Scandinavian Tobacco Group entry and exit signals to maximize returns
Scandinavian Tobacco Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Scandinavian Tobacco's price direction in advance. Along with the technical and fundamental analysis of Scandinavian Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Scandinavian 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 | (0.05) | |||
Jensen Alpha | (0.15) | |||
Total Risk Alpha | (0.38) | |||
Treynor Ratio | (0.48) |
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Complementary Tools for Scandinavian Stock analysis
When running Scandinavian Tobacco's price analysis, check to measure Scandinavian Tobacco'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 Scandinavian Tobacco is operating at the current time. Most of Scandinavian Tobacco's value examination focuses on studying past and present price action to predict the probability of Scandinavian Tobacco's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Scandinavian Tobacco's price. Additionally, you may evaluate how the addition of Scandinavian Tobacco to your portfolios can decrease your overall portfolio volatility.
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