OXE Marine (Sweden) Price on November 1, 2024
| OXE Stock | SEK 0.39 0.01 2.63% |
If you're considering investing in OXE Stock, it is important to understand the factors that can impact its price. As of today, the current price of OXE Marine stands at 0.39, as last reported on the 2nd of December, with the highest price reaching 0.40 and the lowest price hitting 0.39 during the day. Currently, OXE Marine AB is out of control. OXE Marine AB maintains Sharpe Ratio (i.e., Efficiency) of 0.0084, which implies the firm had a 0.0084% return per unit of risk over the last 3 months. We have found twenty-two technical indicators for OXE Marine AB, which you can use to evaluate the volatility of the company. Please check OXE Marine's Mean Deviation of 4.47, risk adjusted performance of 0.0012, and Coefficient Of Variation of (10,219) to confirm if the risk estimate we provide is consistent with the expected return of 0.0477%.
OXE Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
OXE |
Sharpe Ratio = 0.0084
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Estimated Market Risk
| 5.69 actual daily | 50 50% of assets are less volatile |
Expected Return
| 0.05 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 OXE Marine 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 OXE Marine by adding OXE Marine to a well-diversified portfolio.
OXE Marine Valuation on November 1, 2024
It is possible to determine the worth of OXE Marine on a given historical date. On November 1, 2024 OXE was worth 0.4 at the beginning of the trading date compared to the closed value of 0.36. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of OXE Marine stock. Still, in general, we apply an absolute valuation method to find OXE Marine'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 OXE Marine where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against OXE Marine's related companies.
| Open | High | Low | Close | Volume | |
| 0.39 | 0.39 | 0.38 | 0.39 | 78,328 | |
11/01/2024 | 0.40 | 0.40 | 0.32 | 0.36 | 103,289 |
| 0.37 | 0.38 | 0.33 | 0.36 | 44,586 |
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OXE Marine Trading Date Momentum on November 1, 2024
| On November 04 2024 OXE Marine AB was traded for 0.36 at the closing time. The maximum traded price for the trading interval was 0.38 and the lowest daily price was 0.33 . The daily volume was recorded at 44.6 K. The volume of trading on 4th of November 2024 did not cause price change. The trading delta at closing time to the closing price today is 2.78% . |
OXE Marine AB Fundamentals Correlations and Trends
By evaluating OXE Marine'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 OXE Marine's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. OXE financial account trend analysis is a perfect complement when working with valuation or volatility modules.About OXE Marine Stock history
OXE Marine 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 OXE is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in OXE Marine 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 OXE Marine stock prices may prove useful in developing a viable investing in OXE Marine
OXE Marine AB designs, develops, and distributes diesel outboard engines for the marine market in Sweden and internationally. OXE Marine AB was incorporated in 2012 and is headquartered in Helsingborg, Sweden. OXE Marine is traded on Stockholm Stock Exchange in Sweden.
OXE Marine Stock Technical Analysis
OXE Marine 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
OXE Marine Period Price Range
Low | December 2, 2024
| High |
0.00 | 0.00 |
OXE Marine 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.
OXE Marine December 2, 2024 Market Strength
Market strength indicators help investors to evaluate how OXE Marine stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading OXE Marine shares will generate the highest return on investment. By undertsting and applying OXE Marine stock market strength indicators, traders can identify OXE Marine AB entry and exit signals to maximize returns
OXE Marine Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for OXE Marine's price direction in advance. Along with the technical and fundamental analysis of OXE Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of OXE 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 | 0.0012 | |||
| Jensen Alpha | 0.0729 | |||
| Total Risk Alpha | (1.01) | |||
| Treynor Ratio | 0.0604 |
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Additional Tools for OXE Stock Analysis
When running OXE Marine's price analysis, check to measure OXE Marine'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 OXE Marine is operating at the current time. Most of OXE Marine's value examination focuses on studying past and present price action to predict the probability of OXE Marine's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move OXE Marine's price. Additionally, you may evaluate how the addition of OXE Marine to your portfolios can decrease your overall portfolio volatility.