Rottneros (Sweden) Price on October 3, 2024
| RROS Stock | SEK 8.97 0.06 0.67% |
If you're considering investing in Rottneros Stock, it is important to understand the factors that can impact its price. As of today, the current price of Rottneros stands at 8.97, as last reported on the 12th of December 2024, with the highest price reaching 9.00 and the lowest price hitting 8.90 during the day. Rottneros AB maintains Sharpe Ratio (i.e., Efficiency) of -0.12, which implies the firm had a -0.12% return per unit of risk over the last 3 months. Rottneros AB exposes twenty-two different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please check Rottneros' Variance of 2.46, coefficient of variation of (874.74), and Risk Adjusted Performance of (0.08) to confirm the risk estimate we provide.
Rottneros Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
Rottneros |
Sharpe Ratio = -0.123
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Estimated Market Risk
| 1.58 actual daily | 14 86% of assets are more volatile |
Expected Return
| -0.19 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| -0.12 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Rottneros 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 Rottneros by adding Rottneros to a well-diversified portfolio.
Rottneros Valuation on October 3, 2024
It is possible to determine the worth of Rottneros on a given historical date. On October 3, 2024 Rottneros was worth 10.0 at the beginning of the trading date compared to the closed value of 10.2. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Rottneros stock. Still, in general, we apply an absolute valuation method to find Rottneros' 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 Rottneros where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Rottneros' related companies.
| Open | High | Low | Close | Volume | |
| 9.98 | 10.16 | 9.95 | 9.96 | 83,401 | |
10/03/2024 | 10.00 | 10.20 | 9.83 | 10.20 | 101,354 |
| 10.18 | 10.26 | 10.00 | 10.16 | 72,072 |
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Rottneros Trading Date Momentum on October 3, 2024
| On October 04 2024 Rottneros AB was traded for 10.16 at the closing time. The highest price during the trading period was 10.26 and the lowest recorded bid was listed for 10.00 . The volume for the day was 72.1 K. This history from October 4, 2024 contributed to the next trading day price decline. The trading delta at closing time to the next closing price was 0.39% . The trading delta at closing time to the current price is 1.18% . |
Rottneros AB Fundamentals Correlations and Trends
By evaluating Rottneros' financials over time, investors can gain insight into future company performance. However, you can also analyze the published financial statements to find patterns among Rottneros' main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Rottneros financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Rottneros Stock history
Rottneros 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 Rottneros is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Rottneros 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 Rottneros stock prices may prove useful in developing a viable investing in Rottneros
Rottneros AB , through its subsidiary, Rottneros Packaging AB, produces and sells paper pulp worldwide. The company was founded in 1916 and is based in Vallvik, Sweden. Rottneros operates under Paper Paper Products classification in Sweden and is traded on Stockholm Stock Exchange. It employs 313 people.
Rottneros Stock Technical Analysis
Rottneros 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
Rottneros Period Price Range
Low | December 12, 2024
| High |
0.00 | 0.00 |
Rottneros 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.
Rottneros December 12, 2024 Market Strength
Market strength indicators help investors to evaluate how Rottneros stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Rottneros shares will generate the highest return on investment. By undertsting and applying Rottneros stock market strength indicators, traders can identify Rottneros AB entry and exit signals to maximize returns
Rottneros Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Rottneros' price direction in advance. Along with the technical and fundamental analysis of Rottneros Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Rottneros 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 | (0.08) | |||
| Jensen Alpha | (0.21) | |||
| Total Risk Alpha | (0.44) | |||
| Treynor Ratio | (0.87) |
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Additional Tools for Rottneros Stock Analysis
When running Rottneros' price analysis, check to measure Rottneros' 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 Rottneros is operating at the current time. Most of Rottneros' value examination focuses on studying past and present price action to predict the probability of Rottneros' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Rottneros' price. Additionally, you may evaluate how the addition of Rottneros to your portfolios can decrease your overall portfolio volatility.