AB Sagax (Sweden) Price on December 10, 2024
SAGA-B Stock | SEK 230.80 4.80 2.04% |
If you're considering investing in SAGA-B Stock, it is important to understand the factors that can impact its price. As of today, the current price of AB Sagax stands at 230.80, as last reported on the 14th of December 2024, with the highest price reaching 236.40 and the lowest price hitting 229.20 during the day. AB Sagax retains Efficiency (Sharpe Ratio) of -0.15, which signifies that the company had a -0.15% return per unit of price deviation over the last 3 months. AB Sagax exposes twenty-two different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm AB Sagax's Information Ratio of (0.23), variance of 2.3, and Market Risk Adjusted Performance of (1.12) to double-check the risk estimate we provide.
SAGA-B Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
SAGA-B |
Sharpe Ratio = -0.1498
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Estimated Market Risk
1.51 actual daily | 13 87% of assets are more volatile |
Expected Return
-0.23 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
-0.15 actual daily | 0 Most of other assets perform better |
Based on monthly moving average AB Sagax 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 AB Sagax by adding AB Sagax to a well-diversified portfolio.
AB Sagax Valuation on December 10, 2024
It is possible to determine the worth of AB Sagax on a given historical date. On December 10, 2024 SAGA-B was worth 232.8 at the beginning of the trading date compared to the closed value of 237.0. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of AB Sagax stock. Still, in general, we apply an absolute valuation method to find AB Sagax'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 AB Sagax where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against AB Sagax's related companies.
Open | High | Low | Close | Volume | |
236.60 | 238.60 | 232.80 | 234.00 | 319,345 | |
12/10/2024 | 232.80 | 237.40 | 230.60 | 237.00 | 343,953 |
236.20 | 237.40 | 232.60 | 236.40 | 380,805 |
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AB Sagax Trading Date Momentum on December 10, 2024
On December 11 2024 AB Sagax was traded for 236.40 at the closing time. The highest price during the trading period was 237.40 and the lowest recorded bid was listed for 232.60 . The volume for the day was 380.8 K. This history from December 11, 2024 contributed to the next trading day price decline. The trading price change to the next closing price was 0.25% . The overall trading delta to the current price is 0.84% . |
AB Sagax Fundamentals Correlations and Trends
By evaluating AB Sagax'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 AB Sagax's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. SAGA-B financial account trend analysis is a perfect complement when working with valuation or volatility modules.About AB Sagax Stock history
AB Sagax 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 SAGA-B is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in AB Sagax 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 AB Sagax stock prices may prove useful in developing a viable investing in AB Sagax
AB Sagax operates as a property company in Sweden, Finland, France, Germany, the Netherlands, and Denmark. AB Sagax was founded in 2000 and is headquartered in Stockholm, Sweden. Sagax AB operates under Real Estate Services classification in Sweden and is traded on Stockholm Stock Exchange. It employs 62 people.
AB Sagax Stock Technical Analysis
AB Sagax 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
AB Sagax Period Price Range
Low | December 14, 2024
| High |
0.00 | 0.00 |
AB Sagax 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.
AB Sagax December 14, 2024 Market Strength
Market strength indicators help investors to evaluate how AB Sagax stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading AB Sagax shares will generate the highest return on investment. By undertsting and applying AB Sagax stock market strength indicators, traders can identify AB Sagax entry and exit signals to maximize returns
AB Sagax Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for AB Sagax's price direction in advance. Along with the technical and fundamental analysis of SAGA-B Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of SAGA-B 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 | (0.12) | |||
Jensen Alpha | (0.28) | |||
Total Risk Alpha | (0.45) | |||
Treynor Ratio | (1.13) |
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Pattern Recognition | ||
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Volume Indicators |
Complementary Tools for SAGA-B Stock analysis
When running AB Sagax's price analysis, check to measure AB Sagax'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 AB Sagax is operating at the current time. Most of AB Sagax's value examination focuses on studying past and present price action to predict the probability of AB Sagax's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move AB Sagax's price. Additionally, you may evaluate how the addition of AB Sagax to your portfolios can decrease your overall portfolio volatility.
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