Skane Mollan (Sweden) Price on December 12, 2024
| SKMO Stock | SEK 49.00 1.50 2.97% |
If you're considering investing in Skane Stock, it is important to understand the factors that can impact its price. As of today, the current price of Skane Mollan stands at 49.00, as last reported on the 12th of December 2024, with the highest price reaching 52.50 and the lowest price hitting 48.40 during the day. Skane mollan AB owns Efficiency Ratio (i.e., Sharpe Ratio) of -0.0116, which indicates the firm had a -0.0116% return per unit of risk over the last 3 months. Skane mollan AB exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please validate Skane Mollan's Variance of 8.97, coefficient of variation of (2,563), and Risk Adjusted Performance of (0.02) to confirm the risk estimate we provide.
Skane Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
Skane |
Sharpe Ratio = -0.0116
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Estimated Market Risk
| 2.96 actual daily | 26 74% of assets are more volatile |
Expected Return
| -0.03 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 Skane Mollan 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 Skane Mollan by adding Skane Mollan to a well-diversified portfolio.
Skane Mollan Valuation on December 12, 2024
It is possible to determine the worth of Skane Mollan on a given historical date. On December 12, 2024 Skane was worth 50.5 at the beginning of the trading date compared to the closed value of 49.0. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Skane Mollan stock. Still, in general, we apply an absolute valuation method to find Skane Mollan'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 Skane Mollan where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Skane Mollan's related companies.
| Open | High | Low | Close | Volume | |
| 50.50 | 52.50 | 48.40 | 49.00 | 738.00 | |
12/12/2024 | 50.50 | 52.50 | 48.40 | 49.00 | 0.00 |
| Backtest Skane Mollan | | | Skane Mollan History | | | Skane Mollan Valuation | Previous |
Skane Mollan Trading Date Momentum on December 12, 2024
| On December 12 2024 Skane mollan AB was traded for 49.00 at the closing time. The highest price during the trading period was 52.50 and the lowest recorded bid was listed for 48.40 . There was no trading activity during the period 0.0. Lack of trading volume on December 12, 2024 did not result in any price rise and fall. The trading price change to the current price is 3.06% . |
Skane mollan AB Fundamentals Correlations and Trends
By evaluating Skane Mollan'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 Skane Mollan's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Skane financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Skane Mollan Stock history
Skane Mollan 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 Skane is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Skane mollan 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 Skane Mollan stock prices may prove useful in developing a viable investing in Skane Mollan
Skne-mllan AB produces and sells flour and cereal products to bakeries, food industries, and consumers in Sweden. The company was founded in 1971 and is based in Tgarp, Sweden. Skne mllan operates under Food Manufacturers classification in Sweden and is traded on Stockholm Stock Exchange.
Skane Mollan Stock Technical Analysis
Skane Mollan 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
Skane Mollan Period Price Range
Low | December 12, 2024
| High |
0.00 | 0.00 |
Skane mollan 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.
Skane Mollan December 12, 2024 Market Strength
Market strength indicators help investors to evaluate how Skane Mollan stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Skane Mollan shares will generate the highest return on investment. By undertsting and applying Skane Mollan stock market strength indicators, traders can identify Skane mollan AB entry and exit signals to maximize returns
Skane Mollan Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Skane Mollan's price direction in advance. Along with the technical and fundamental analysis of Skane Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Skane 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 | (0.02) | |||
| Jensen Alpha | (0.11) | |||
| Total Risk Alpha | (0.60) | |||
| Treynor Ratio | 0.6737 |
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Additional Tools for Skane Stock Analysis
When running Skane Mollan's price analysis, check to measure Skane Mollan'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 Skane Mollan is operating at the current time. Most of Skane Mollan's value examination focuses on studying past and present price action to predict the probability of Skane Mollan's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Skane Mollan's price. Additionally, you may evaluate how the addition of Skane Mollan to your portfolios can decrease your overall portfolio volatility.