Avanza Bank (Sweden) Price on September 11, 2024
AZA Stock | SEK 234.00 8.20 3.63% |
If you're considering investing in Avanza Stock, it is important to understand the factors that can impact its price. As of today, the current price of Avanza Bank stands at 234.00, as last reported on the 1st of December, with the highest price reaching 235.40 and the lowest price hitting 226.00 during the day. Avanza Bank Holding secures Sharpe Ratio (or Efficiency) of -0.0199, which signifies that the company had a -0.0199% return per unit of standard deviation over the last 3 months. Avanza Bank Holding exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm Avanza Bank's mean deviation of 1.3, and Risk Adjusted Performance of (0.01) to double-check the risk estimate we provide.
Avanza Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
Avanza |
Sharpe Ratio = -0.0199
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Estimated Market Risk
1.76 actual daily | 15 85% of assets are more volatile |
Expected Return
-0.04 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
-0.02 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Avanza Bank 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 Avanza Bank by adding Avanza Bank to a well-diversified portfolio.
Avanza Bank Valuation on September 11, 2024
It is possible to determine the worth of Avanza Bank on a given historical date. On September 11, 2024 Avanza was worth 232.4 at the beginning of the trading date compared to the closed value of 233.1. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Avanza Bank stock. Still, in general, we apply an absolute valuation method to find Avanza Bank'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 Avanza Bank where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Avanza Bank's related companies.
Open | High | Low | Close | Volume | |
231.70 | 236.50 | 230.70 | 231.00 | 199,509 | |
09/11/2024 | 232.40 | 235.40 | 230.50 | 233.10 | 256,309 |
237.70 | 242.50 | 234.40 | 235.90 | 266,533 |
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Avanza Bank Trading Date Momentum on September 11, 2024
On September 12 2024 Avanza Bank Holding was traded for 235.90 at the closing time. The maximum traded price for the trading interval was 242.50 and the lowest daily price was 234.40 . The daily volume was recorded at 266.5 K. The volume of trading on 12th of September 2024 played a part in the next trading day price appreciation. The overall trading delta to the next closing price was 1.20% . The overall trading delta to the closing price today is 5.19% . |
Avanza Bank Holding Fundamentals Correlations and Trends
By evaluating Avanza Bank'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 Avanza Bank's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Avanza financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Avanza Bank Stock history
Avanza Bank 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 Avanza is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Avanza Bank Holding 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 Avanza Bank stock prices may prove useful in developing a viable investing in Avanza Bank
Avanza Bank Holding AB , together with its subsidiaries, provides online stock trading services in Sweden. Avanza Bank Holding AB was founded in 1999 and is headquartered in Stockholm, Sweden. Avanza Bank operates under Banks - Regional - Europe classification in Sweden and is traded on Stockholm Stock Exchange. It employs 417 people.
Avanza Bank Stock Technical Analysis
Avanza Bank 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
Avanza Bank Period Price Range
Low | December 1, 2024
| High |
0.00 | 0.00 |
Avanza Bank Holding 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.
Avanza Bank December 1, 2024 Market Strength
Market strength indicators help investors to evaluate how Avanza Bank stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Avanza Bank shares will generate the highest return on investment. By undertsting and applying Avanza Bank stock market strength indicators, traders can identify Avanza Bank Holding entry and exit signals to maximize returns
Avanza Bank Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Avanza Bank's price direction in advance. Along with the technical and fundamental analysis of Avanza Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Avanza 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 | (0.03) | |||
Total Risk Alpha | (0.34) | |||
Treynor Ratio | 0.3962 |
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Additional Tools for Avanza Stock Analysis
When running Avanza Bank's price analysis, check to measure Avanza Bank'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 Avanza Bank is operating at the current time. Most of Avanza Bank's value examination focuses on studying past and present price action to predict the probability of Avanza Bank's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Avanza Bank's price. Additionally, you may evaluate how the addition of Avanza Bank to your portfolios can decrease your overall portfolio volatility.