Epiroc AB (Sweden) Price on September 20, 2024
| EPI-A Stock | SEK 207.30 0.50 0.24% |
If you're considering investing in Epiroc Stock, it is important to understand the factors that can impact its price. As of today, the current price of Epiroc AB stands at 207.30, as last reported on the 12th of December 2024, with the highest price reaching 208.30 and the lowest price hitting 206.30 during the day. Currently, Epiroc AB is very steady. Epiroc AB secures Sharpe Ratio (or Efficiency) of 0.0831, which denotes the company had a 0.0831% return per unit of risk over the last 3 months. We have found twenty-nine technical indicators for Epiroc AB, which you can use to evaluate the volatility of the firm. Please confirm Epiroc AB's Mean Deviation of 1.22, coefficient of variation of 928.74, and Downside Deviation of 1.47 to check if the risk estimate we provide is consistent with the expected return of 0.14%.
Epiroc Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
Epiroc |
Sharpe Ratio = 0.0831
| Best Portfolio | Best Equity | |||
| Good Returns | ||||
| Average Returns | ||||
| Small Returns | ||||
| Cash | Small Risk | EPI-A | High Risk | Huge Risk |
| Negative Returns |
Estimated Market Risk
| 1.63 actual daily | 14 86% of assets are more volatile |
Expected Return
| 0.14 actual daily | 2 98% of assets have higher returns |
Risk-Adjusted Return
| 0.08 actual daily | 6 94% of assets perform better |
Based on monthly moving average Epiroc AB is performing at about 6% of its full potential. 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 Epiroc AB by adding it to a well-diversified portfolio.
Epiroc AB Valuation on September 20, 2024
It is possible to determine the worth of Epiroc AB on a given historical date. On September 20, 2024 Epiroc was worth 198.71 at the beginning of the trading date compared to the closed value of 194.25. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Epiroc AB stock. Still, in general, we apply an absolute valuation method to find Epiroc AB'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 Epiroc AB where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Epiroc AB's related companies.
| Open | High | Low | Close | Volume | |
| 193.16 | 200.20 | 193.06 | 198.71 | 1,236,838 | |
09/20/2024 | 198.71 | 200.00 | 193.85 | 194.25 | 1,587,235 |
| 196.88 | 199.40 | 193.66 | 198.61 | 790,809 |
| Backtest Epiroc AB | | | Epiroc AB History | | | Epiroc AB Valuation | Previous | Next |
Epiroc AB Trading Date Momentum on September 20, 2024
| On September 23 2024 Epiroc AB was traded for 198.61 at the closing time. The highest price during the trading period was 199.40 and the lowest recorded bid was listed for 193.66 . The volume for the day was 790.8 K. This history from September 23, 2024 contributed to the next trading day price appreciation. The overall trading delta to the next closing price was 2.24% . The overall trading delta to the current price is 11.84% . |
Epiroc AB Fundamentals Correlations and Trends
By evaluating Epiroc AB'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 Epiroc AB's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Epiroc financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Epiroc AB Stock history
Epiroc AB 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 Epiroc is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Epiroc 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 Epiroc AB stock prices may prove useful in developing a viable investing in Epiroc AB
Epiroc AB , together with its subsidiaries, develops and produces equipment, consumables, and service for use in surface and underground mining, infrastructure, civil works, well drilling and geotechnical applications worldwide. Epiroc AB was founded in 1873 and is headquartered in Nacka, Sweden. Epiroc AB is traded on Stockholm Stock Exchange in Sweden.
Epiroc AB Stock Technical Analysis
Epiroc AB 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
Epiroc AB Period Price Range
Low | December 12, 2024
| High |
0.00 | 0.00 |
Epiroc 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.
Epiroc AB December 12, 2024 Market Strength
Market strength indicators help investors to evaluate how Epiroc AB stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Epiroc AB shares will generate the highest return on investment. By undertsting and applying Epiroc AB stock market strength indicators, traders can identify Epiroc AB entry and exit signals to maximize returns
Epiroc AB Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Epiroc AB's price direction in advance. Along with the technical and fundamental analysis of Epiroc Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Epiroc 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 | 0.0833 | |||
| Jensen Alpha | 0.1658 | |||
| Total Risk Alpha | (0.09) | |||
| Sortino Ratio | 0.0338 | |||
| Treynor Ratio | (12.44) |
| Cycle Indicators | ||
| Math Operators | ||
| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
Additional Tools for Epiroc Stock Analysis
When running Epiroc AB's price analysis, check to measure Epiroc AB'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 Epiroc AB is operating at the current time. Most of Epiroc AB's value examination focuses on studying past and present price action to predict the probability of Epiroc AB's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Epiroc AB's price. Additionally, you may evaluate how the addition of Epiroc AB to your portfolios can decrease your overall portfolio volatility.