Isofol Medical (Sweden) Price on October 7, 2024
ISOFOL Stock | SEK 2.33 0.09 4.02% |
If you're considering investing in Isofol Stock, it is important to understand the factors that can impact its price. As of today, the current price of Isofol Medical stands at 2.33, as last reported on the 12th of December 2024, with the highest price reaching 2.38 and the lowest price hitting 2.21 during the day. Isofol Medical AB holds Efficiency (Sharpe) Ratio of -0.0101, which attests that the entity had a -0.0101% return per unit of risk over the last 3 months. Isofol Medical AB exposes twenty-two different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please check out Isofol Medical's Market Risk Adjusted Performance of (3.42), standard deviation of 6.07, and Risk Adjusted Performance of (0.02) to validate the risk estimate we provide.
Isofol Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
Isofol |
Sharpe Ratio = -0.0101
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Estimated Market Risk
5.94 actual daily | 52 52% of assets are less volatile |
Expected Return
-0.06 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
-0.01 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Isofol Medical 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 Isofol Medical by adding Isofol Medical to a well-diversified portfolio.
Isofol Medical Valuation on October 7, 2024
It is possible to determine the worth of Isofol Medical on a given historical date. On October 7, 2024 Isofol was worth 2.63 at the beginning of the trading date compared to the closed value of 2.61. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Isofol Medical stock. Still, in general, we apply an absolute valuation method to find Isofol Medical'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 Isofol Medical where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Isofol Medical's related companies.
Open | High | Low | Close | Volume | |
2.60 | 2.67 | 2.55 | 2.63 | 453,955 | |
10/07/2024 | 2.63 | 2.66 | 2.56 | 2.61 | 308,238 |
2.61 | 2.66 | 2.57 | 2.62 | 288,080 |
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Isofol Medical Trading Date Momentum on October 7, 2024
On October 08 2024 Isofol Medical AB was traded for 2.62 at the closing time. The highest price during the trading period was 2.66 and the lowest recorded bid was listed for 2.57 . The volume for the day was 288.1 K. This history from October 8, 2024 contributed to the next trading day price jump. The trading delta at closing time to the next closing price was 0.38% . The trading delta at closing time to the current price is 27.59% . |
Isofol Medical AB Fundamentals Correlations and Trends
By evaluating Isofol Medical'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 Isofol Medical's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Isofol financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Isofol Medical Stock history
Isofol Medical 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 Isofol is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Isofol Medical 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 Isofol Medical stock prices may prove useful in developing a viable investing in Isofol Medical
Isofol Medical AB , a clinical stage biotech company, develops, commercializes, and sells oncology drugs in Sweden and internationally. The company was incorporated in 2008 and is headquartered in Gothenburg, Sweden. Isofol Medical operates under Biotechnology classification in Sweden and is traded on Stockholm Stock Exchange. It employs 12 people.
Isofol Medical Stock Technical Analysis
Isofol Medical 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
Isofol Medical Period Price Range
Low | December 12, 2024
| High |
0.00 | 0.00 |
Isofol Medical 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.
Isofol Medical December 12, 2024 Market Strength
Market strength indicators help investors to evaluate how Isofol Medical stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Isofol Medical shares will generate the highest return on investment. By undertsting and applying Isofol Medical stock market strength indicators, traders can identify Isofol Medical AB entry and exit signals to maximize returns
Isofol Medical Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Isofol Medical's price direction in advance. Along with the technical and fundamental analysis of Isofol Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Isofol 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 | (0.02) | |||
Jensen Alpha | (0.23) | |||
Total Risk Alpha | (1.19) | |||
Treynor Ratio | (3.43) |
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Complementary Tools for Isofol Stock analysis
When running Isofol Medical's price analysis, check to measure Isofol Medical'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 Isofol Medical is operating at the current time. Most of Isofol Medical's value examination focuses on studying past and present price action to predict the probability of Isofol Medical's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Isofol Medical's price. Additionally, you may evaluate how the addition of Isofol Medical to your portfolios can decrease your overall portfolio volatility.
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