ADDvise Group (Sweden) Price on October 2, 2024
| ADDV-A Stock | SEK 10.80 0.05 0.46% |
If you're considering investing in ADDvise Stock, it is important to understand the factors that can impact its price. As of today, the current price of ADDvise Group stands at 10.80, as last reported on the 13th of December 2024, with the highest price reaching 10.80 and the lowest price hitting 10.80 during the day. ADDvise Group AB secures Sharpe Ratio (or Efficiency) of -0.11, which signifies that the company had a -0.11% return per unit of risk over the last 3 months. ADDvise Group AB exposes twenty-one different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm ADDvise Group's Risk Adjusted Performance of (0.07), standard deviation of 4.43, and Mean Deviation of 2.83 to double-check the risk estimate we provide.
ADDvise Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
ADDvise |
Sharpe Ratio = -0.11
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Estimated Market Risk
| 4.48 actual daily | 39 61% of assets are more volatile |
Expected Return
| -0.49 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| -0.11 actual daily | 0 Most of other assets perform better |
Based on monthly moving average ADDvise Group 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 ADDvise Group by adding ADDvise Group to a well-diversified portfolio.
ADDvise Group Valuation on October 2, 2024
It is possible to determine the worth of ADDvise Group on a given historical date. On October 2, 2024 ADDvise was worth 11.45 at the beginning of the trading date compared to the closed value of 11.7. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of ADDvise Group stock. Still, in general, we apply an absolute valuation method to find ADDvise Group'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 ADDvise Group where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against ADDvise Group's related companies.
| Open | High | Low | Close | Volume | |
| 12.00 | 12.00 | 11.25 | 11.50 | 15,834 | |
10/02/2024 | 11.45 | 11.70 | 11.20 | 11.70 | 31,232 |
| 11.70 | 11.80 | 11.65 | 11.80 | 5,700 |
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ADDvise Group Trading Date Momentum on October 2, 2024
| On October 03 2024 ADDvise Group AB was traded for 11.80 at the closing time. The highest price during the trading period was 11.80 and the lowest recorded bid was listed for 11.65 . The volume for the day was 5.7 K. This history from October 3, 2024 contributed to the next trading day price jump. The overall trading delta to the next closing price was 0.85% . The overall trading delta to the current price is 8.12% . |
ADDvise Group AB Fundamentals Correlations and Trends
By evaluating ADDvise Group'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 ADDvise Group's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. ADDvise financial account trend analysis is a perfect complement when working with valuation or volatility modules.About ADDvise Group Stock history
ADDvise Group 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 ADDvise is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in ADDvise Group 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 ADDvise Group stock prices may prove useful in developing a viable investing in ADDvise Group
ADDvise Group AB , through its subsidiaries, develops and markets equipment and services to healthcare and research facilities in private and public sectors in Sweden and internationally. ADDvise Group AB was founded in 1989 and is headquartered in Stockholm, Sweden. ADDvise Group is traded on Stockholm Stock Exchange in Sweden.
ADDvise Group Stock Technical Analysis
ADDvise Group 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
ADDvise Group Period Price Range
Low | December 13, 2024
| High |
0.00 | 0.00 |
ADDvise Group 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.
ADDvise Group December 13, 2024 Market Strength
Market strength indicators help investors to evaluate how ADDvise Group stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading ADDvise Group shares will generate the highest return on investment. By undertsting and applying ADDvise Group stock market strength indicators, traders can identify ADDvise Group AB entry and exit signals to maximize returns
ADDvise Group Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for ADDvise Group's price direction in advance. Along with the technical and fundamental analysis of ADDvise Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of ADDvise 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 | (0.07) | |||
| Jensen Alpha | (0.48) | |||
| Total Risk Alpha | (1.08) | |||
| Treynor Ratio | (2.68) |
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Complementary Tools for ADDvise Stock analysis
When running ADDvise Group's price analysis, check to measure ADDvise Group'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 ADDvise Group is operating at the current time. Most of ADDvise Group's value examination focuses on studying past and present price action to predict the probability of ADDvise Group's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move ADDvise Group's price. Additionally, you may evaluate how the addition of ADDvise Group to your portfolios can decrease your overall portfolio volatility.
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