Svenska Cellulosa (Sweden) Price on December 12, 2024

SCA-B Stock  SEK 140.70  2.10  1.47%   
If you're considering investing in Svenska Stock, it is important to understand the factors that can impact its price. As of today, the current price of Svenska Cellulosa stands at 140.70, as last reported on the 14th of December 2024, with the highest price reaching 142.95 and the lowest price hitting 140.40 during the day. Svenska Cellulosa owns Efficiency Ratio (i.e., Sharpe Ratio) of -0.0114, which indicates the firm had a -0.0114% return per unit of risk over the last 3 months. Svenska Cellulosa Aktiebolaget exposes twenty-two different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please validate Svenska Cellulosa's Coefficient Of Variation of (8,803), variance of 2.86, and insignificant Risk Adjusted Performance to confirm the risk estimate we provide.
  
Svenska Stock price history is provided at the adjusted basis, taking into account all of the recent filings.

Sharpe Ratio = -0.0114

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Estimated Market Risk

 1.7
  actual daily
15
85% of assets are more volatile

Expected Return

 -0.02
  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 Svenska Cellulosa 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 Svenska Cellulosa by adding Svenska Cellulosa to a well-diversified portfolio.

Svenska Cellulosa Valuation on December 12, 2024

It is possible to determine the worth of Svenska Cellulosa on a given historical date. On December 12, 2024 Svenska was worth 144.1 at the beginning of the trading date compared to the closed value of 142.8. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Svenska Cellulosa stock. Still, in general, we apply an absolute valuation method to find Svenska Cellulosa'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 Svenska Cellulosa where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Svenska Cellulosa's related companies.
 Open High Low Close Volume
  142.50    144.65    142.10    144.10    1,001,088  
12/12/2024
  144.10    144.80    142.30    142.80    1,242,272  
  142.50    142.95    140.40    140.70    1,379,145  
Backtest Svenska Cellulosa  |  Svenska Cellulosa History  |  Svenska Cellulosa Valuation   PreviousNext  
Open Value
144.1
138.99
Downside
142.8
Closing Value
149.21
Upside

Svenska Cellulosa Trading Date Momentum on December 12, 2024

On December 13 2024 Svenska Cellulosa Aktiebolaget was traded for  140.70  at the closing time. The highest price during the trading period was 142.95  and the lowest recorded bid was listed for  140.40 . The volume for the day was 1.4 M. This history from December 13, 2024 contributed to the next trading day price decline. The trading price change to the next closing price was 1.47% . The trading price change to the current price is 0.21% .

Svenska Cellulosa Fundamentals Correlations and Trends

By evaluating Svenska Cellulosa'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 Svenska Cellulosa's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Svenska financial account trend analysis is a perfect complement when working with valuation or volatility modules.

About Svenska Cellulosa Stock history

Svenska Cellulosa 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 Svenska is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Svenska Cellulosa 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 Svenska Cellulosa stock prices may prove useful in developing a viable investing in Svenska Cellulosa
Svenska Cellulosa Aktiebolaget SCA , a forest products company, develops, produces, and sells forest, wood, pulp, and paper products worldwide. Svenska Cellulosa Aktiebolaget SCA was founded in 1929 and is headquartered in Sundsvall, Sweden. Svenska Cellulosa operates under Paper Products classification in Sweden and is traded on Stockholm Stock Exchange. It employs 4000 people.

Svenska Cellulosa Stock Technical Analysis

Svenska Cellulosa 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.
A focus of Svenska Cellulosa technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of Svenska Cellulosa trading pattern rather than external drivers such as economic, fundamental, or social events. It is believed that price action tends to repeat itself due to investors' collective, patterned behavior. Hence technical analysis focuses on identifiable price trends and conditions. More Info...

Price Boundaries

Svenska Cellulosa Period Price Range

Low
December 14, 2024
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Svenska Cellulosa Aktiebolaget 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.

Svenska Cellulosa December 14, 2024 Market Strength

Market strength indicators help investors to evaluate how Svenska Cellulosa stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Svenska Cellulosa shares will generate the highest return on investment. By undertsting and applying Svenska Cellulosa stock market strength indicators, traders can identify Svenska Cellulosa Aktiebolaget entry and exit signals to maximize returns

Svenska Cellulosa Technical and Predictive Indicators

Predictive indicators are helping investors to find signals for Svenska Cellulosa's price direction in advance. Along with the technical and fundamental analysis of Svenska Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Svenska 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.

Additional Tools for Svenska Stock Analysis

When running Svenska Cellulosa's price analysis, check to measure Svenska Cellulosa'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 Svenska Cellulosa is operating at the current time. Most of Svenska Cellulosa's value examination focuses on studying past and present price action to predict the probability of Svenska Cellulosa's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Svenska Cellulosa's price. Additionally, you may evaluate how the addition of Svenska Cellulosa to your portfolios can decrease your overall portfolio volatility.