Checkin Group (Sweden) Price on December 4, 2024

CHECK Stock   16.25  0.40  2.52%   
If you're considering investing in Checkin Stock, it is important to understand the factors that can impact its price. As of today, the current price of Checkin Group stands at 16.25, as last reported on the 8th of December, with the highest price reaching 16.25 and the lowest price hitting 15.35 during the day. Checkin Group AB secures Sharpe Ratio (or Efficiency) of -0.0842, which signifies that the company had a -0.0842% return per unit of standard deviation over the last 3 months. Checkin Group AB exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm Checkin Group's mean deviation of 2.83, and Risk Adjusted Performance of (0.05) to double-check the risk estimate we provide.
  
Checkin Stock price history is provided at the adjusted basis, taking into account all of the recent filings.

Sharpe Ratio = -0.0842

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Estimated Market Risk

 3.82
  actual daily
34
66% of assets are more volatile

Expected Return

 -0.32
  actual daily
0
Most of other assets have higher returns

Risk-Adjusted Return

 -0.08
  actual daily
0
Most of other assets perform better
Based on monthly moving average Checkin 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 Checkin Group by adding Checkin Group to a well-diversified portfolio.

Checkin Group Valuation on December 4, 2024

It is possible to determine the worth of Checkin Group on a given historical date. On December 4, 2024 Checkin was worth 16.35 at the beginning of the trading date compared to the closed value of 16.15. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Checkin Group stock. Still, in general, we apply an absolute valuation method to find Checkin 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 Checkin Group where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Checkin Group's related companies.
 Open High Low Close Volume
  17.55    17.70    16.40    16.45    8,651  
12/04/2024
  16.35    17.00    16.10    16.15    24,914  
  16.05    16.05    15.75    15.85    3,527  
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Open Value
16.35
16.15
Closing Value
27.82
Upside

Checkin Group Trading Date Momentum on December 4, 2024

On December 05 2024 Checkin Group AB was traded for  15.85  at the closing time. The highest price during the trading period was 16.05  and the lowest recorded bid was listed for  15.75 . The volume for the day was 3.5 K. This history from December 5, 2024 contributed to the next trading day price decline. The overall trading delta to the next closing price was 1.86% . The overall trading delta to the current price is 2.17% .

Checkin Group AB Fundamentals Correlations and Trends

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

About Checkin Group Stock history

Checkin 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 Checkin is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Checkin 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 Checkin Group stock prices may prove useful in developing a viable investing in Checkin Group

Checkin Group Stock Technical Analysis

Checkin 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.
A focus of Checkin Group technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of Checkin Group 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

Checkin Group Period Price Range

Low
December 8, 2024
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High

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Checkin Group December 8, 2024 Market Strength

Market strength indicators help investors to evaluate how Checkin 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 Checkin Group shares will generate the highest return on investment. By undertsting and applying Checkin Group stock market strength indicators, traders can identify Checkin Group AB entry and exit signals to maximize returns

Checkin Group Technical and Predictive Indicators

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

Additional Tools for Checkin Stock Analysis

When running Checkin Group's price analysis, check to measure Checkin 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 Checkin Group is operating at the current time. Most of Checkin Group's value examination focuses on studying past and present price action to predict the probability of Checkin 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 Checkin Group's price. Additionally, you may evaluate how the addition of Checkin Group to your portfolios can decrease your overall portfolio volatility.