Scandic Hotels (Sweden) Price on October 25, 2024
| SHOT Stock | SEK 67.40 0.15 0.22% |
If you're considering investing in Scandic Stock, it is important to understand the factors that can impact its price. As of today, the current price of Scandic Hotels stands at 67.40, as last reported on the 4th of December, with the highest price reaching 68.75 and the lowest price hitting 67.10 during the day. Currently, Scandic Hotels Group is very steady. Scandic Hotels Group owns Efficiency Ratio (i.e., Sharpe Ratio) of 0.0312, which indicates the firm had a 0.0312% return per unit of risk over the last 3 months. We have found thirty technical indicators for Scandic Hotels Group, which you can use to evaluate the volatility of the company. Please validate Scandic Hotels' Coefficient Of Variation of 6668.79, semi deviation of 1.47, and Risk Adjusted Performance of 0.0162 to confirm if the risk estimate we provide is consistent with the expected return of 0.045%.
Scandic Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
Scandic |
Sharpe Ratio = 0.0312
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Estimated Market Risk
| 1.44 actual daily | 12 88% of assets are more volatile |
Expected Return
| 0.05 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| 0.03 actual daily | 2 98% of assets perform better |
Based on monthly moving average Scandic Hotels is performing at about 2% of its full potential. 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 Scandic Hotels by adding it to a well-diversified portfolio.
Scandic Hotels Valuation on October 25, 2024
It is possible to determine the worth of Scandic Hotels on a given historical date. On October 25, 2024 Scandic was worth 73.75 at the beginning of the trading date compared to the closed value of 73.95. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Scandic Hotels stock. Still, in general, we apply an absolute valuation method to find Scandic Hotels' 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 Scandic Hotels where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Scandic Hotels' related companies.
| Open | High | Low | Close | Volume | |
| 74.20 | 75.00 | 73.70 | 73.75 | 321,161 | |
10/25/2024 | 73.75 | 74.80 | 73.60 | 73.95 | 167,990 |
| 73.75 | 74.90 | 73.40 | 73.85 | 525,033 |
| Backtest Scandic Hotels | | | Scandic Hotels History | | | Scandic Hotels Valuation | Previous | Next |
Scandic Hotels Trading Date Momentum on October 25, 2024
| On October 28 2024 Scandic Hotels Group was traded for 73.85 at the closing time. The highest price during the trading period was 74.90 and the lowest recorded bid was listed for 73.40 . The volume for the day was 525 K. This history from October 28, 2024 contributed to the next trading day price decline. The trading price change to the next closing price was 0.14% . The trading price change to the current price is 7.78% . |
Scandic Hotels Group Fundamentals Correlations and Trends
By evaluating Scandic Hotels' financials over time, investors can gain insight into future company performance. However, you can also analyze the published financial statements to find patterns among Scandic Hotels' main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Scandic financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Scandic Hotels Stock history
Scandic Hotels 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 Scandic is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Scandic Hotels Group 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 Scandic Hotels stock prices may prove useful in developing a viable investing in Scandic Hotels
Scandic Hotels Group AB , together with its subsidiaries, operates and franchises hotels in Sweden, Norway, Finland, and other European Countries. The company was founded in 1963 and is headquartered in Stockholm, Sweden. Scandic Hotels operates under Hotels Travel And Leisure classification in Sweden and is traded on Stockholm Stock Exchange. It employs 11274 people.
Scandic Hotels Stock Technical Analysis
Scandic Hotels 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
Scandic Hotels Period Price Range
Low | December 4, 2024
| High |
0.00 | 0.00 |
Scandic Hotels Group 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.
Scandic Hotels December 4, 2024 Market Strength
Market strength indicators help investors to evaluate how Scandic Hotels stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Scandic Hotels shares will generate the highest return on investment. By undertsting and applying Scandic Hotels stock market strength indicators, traders can identify Scandic Hotels Group entry and exit signals to maximize returns
Scandic Hotels Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Scandic Hotels' price direction in advance. Along with the technical and fundamental analysis of Scandic Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Scandic 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 | 0.0162 | |||
| Jensen Alpha | (0.04) | |||
| Total Risk Alpha | (0.18) | |||
| Sortino Ratio | (0.06) | |||
| Treynor Ratio | 0.0217 |
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Additional Tools for Scandic Stock Analysis
When running Scandic Hotels' price analysis, check to measure Scandic Hotels' 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 Scandic Hotels is operating at the current time. Most of Scandic Hotels' value examination focuses on studying past and present price action to predict the probability of Scandic Hotels' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Scandic Hotels' price. Additionally, you may evaluate how the addition of Scandic Hotels to your portfolios can decrease your overall portfolio volatility.