Scandi Standard (Sweden) Price on December 14, 2024
SCST Stock | SEK 85.20 0.70 0.83% |
If you're considering investing in Scandi Stock, it is important to understand the factors that can impact its price. As of today, the current price of Scandi Standard stands at 85.20, as last reported on the 14th of December 2024, with the highest price reaching 85.80 and the lowest price hitting 84.70 during the day. Scandi Standard publ owns Efficiency Ratio (i.e., Sharpe Ratio) of -0.0216, which indicates the firm had a -0.0216% return per unit of risk over the last 3 months. Scandi Standard publ exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please validate Scandi Standard's Coefficient Of Variation of (6,793), variance of 1.06, and Risk Adjusted Performance of (0.01) to confirm the risk estimate we provide.
Scandi Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
Scandi |
Sharpe Ratio = -0.0216
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Estimated Market Risk
1.03 actual daily | 9 91% of assets are more volatile |
Expected Return
-0.02 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
-0.02 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Scandi Standard 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 Scandi Standard by adding Scandi Standard to a well-diversified portfolio.
Scandi Standard Valuation on December 14, 2024
It is possible to determine the worth of Scandi Standard on a given historical date. On December 14, 2024 Scandi was worth 85.0 at the beginning of the trading date compared to the closed value of 85.2. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Scandi Standard stock. Still, in general, we apply an absolute valuation method to find Scandi Standard'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 Scandi Standard where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Scandi Standard's related companies.
Open | High | Low | Close | Volume | |
85.00 | 85.80 | 84.70 | 85.20 | 28,936 | |
12/14/2024 | 85.00 | 85.80 | 84.70 | 85.20 | 0.00 |
Backtest Scandi Standard | | | Scandi Standard History | | | Scandi Standard Valuation | Previous |
Scandi Standard Trading Date Momentum on December 14, 2024
On December 14 2024 Scandi Standard publ was traded for 85.20 at the closing time. The highest price during the trading period was 85.80 and the lowest recorded bid was listed for 84.70 . There was no trading activity during the period 0.0. Lack of trading volume on December 14, 2024 did not result in any price rise and fall. The trading price change to the current price is 0.23% . |
Scandi Standard publ Fundamentals Correlations and Trends
By evaluating Scandi Standard'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 Scandi Standard's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Scandi financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Scandi Standard Stock history
Scandi Standard 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 Scandi is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Scandi Standard publ 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 Scandi Standard stock prices may prove useful in developing a viable investing in Scandi Standard
Scandi Standard AB develops, slaughters, produces, markets, and sells chicken products in Denmark, Norway, Sweden, Finland, and Ireland. Scandi Standard AB was founded in 1950 and is headquartered in Stockholm, Sweden. Scandi Standard operates under Food Manufacturers classification in Sweden and is traded on Stockholm Stock Exchange. It employs 3000 people.
Scandi Standard Stock Technical Analysis
Scandi Standard 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
Scandi Standard Period Price Range
Low | December 14, 2024
| High |
0.00 | 0.00 |
Scandi Standard publ 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.
Scandi Standard December 14, 2024 Market Strength
Market strength indicators help investors to evaluate how Scandi Standard stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Scandi Standard shares will generate the highest return on investment. By undertsting and applying Scandi Standard stock market strength indicators, traders can identify Scandi Standard publ entry and exit signals to maximize returns
Scandi Standard Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Scandi Standard's price direction in advance. Along with the technical and fundamental analysis of Scandi Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Scandi 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 | (0.01) | |||
Jensen Alpha | (0.07) | |||
Total Risk Alpha | (0.15) | |||
Treynor Ratio | (0.05) |
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Additional Tools for Scandi Stock Analysis
When running Scandi Standard's price analysis, check to measure Scandi Standard'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 Scandi Standard is operating at the current time. Most of Scandi Standard's value examination focuses on studying past and present price action to predict the probability of Scandi Standard's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Scandi Standard's price. Additionally, you may evaluate how the addition of Scandi Standard to your portfolios can decrease your overall portfolio volatility.