Trelleborg (Sweden) Price on September 13, 2023
TREL-B Stock | SEK 372.60 3.80 1.03% |
If you're considering investing in Trelleborg Stock, it is important to understand the factors that can impact its price. As of today, the current price of Trelleborg stands at 372.60, as last reported on the 4th of December, with the highest price reaching 375.20 and the lowest price hitting 369.20 during the day. Trelleborg AB owns Efficiency Ratio (i.e., Sharpe Ratio) of -0.0154, which indicates the firm had a -0.0154% return per unit of risk over the last 3 months. Trelleborg AB exposes twenty-four different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please validate Trelleborg's Variance of 2.54, risk adjusted performance of (0.04), and Coefficient Of Variation of (1,556) to confirm the risk estimate we provide.
Trelleborg Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
Trelleborg |
Sharpe Ratio = -0.0154
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Estimated Market Risk
1.53 actual daily | 13 87% 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 Trelleborg 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 Trelleborg by adding Trelleborg to a well-diversified portfolio.
Trelleborg Valuation on September 13, 2023
It is possible to determine the worth of Trelleborg on a given historical date. On September 13, 2023 Trelleborg was worth 270.71 at the beginning of the trading date compared to the closed value of 269.43. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Trelleborg stock. Still, in general, we apply an absolute valuation method to find Trelleborg'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 Trelleborg where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Trelleborg's related companies.
Open | High | Low | Close | Volume | |
274.15 | 275.43 | 270.81 | 270.91 | 263,922 | |
09/13/2023 | 270.71 | 271.40 | 267.27 | 269.43 | 301,545 |
269.53 | 273.07 | 269.14 | 271.69 | 268,463 |
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Trelleborg Trading Date Momentum on September 13, 2023
On September 14 2023 Trelleborg AB was traded for 271.69 at the closing time. The highest price during the trading period was 273.07 and the lowest recorded bid was listed for 269.14 . The volume for the day was 268.5 K. This history from September 14, 2023 contributed to the next trading day price jump. The trading price change to the next closing price was 0.84% . The trading price change to the current price is 2.26% . |
Trelleborg AB Fundamentals Correlations and Trends
By evaluating Trelleborg'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 Trelleborg's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Trelleborg financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Trelleborg Stock history
Trelleborg 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 Trelleborg is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Trelleborg 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 Trelleborg stock prices may prove useful in developing a viable investing in Trelleborg
Trelleborg AB develops, manufactures, and sells engineered polymer solutions for seal, damp, and protect critical applications worldwide. Trelleborg AB was founded in 1905 and is headquartered in Trelleborg, Sweden. Trelleborg operates under Specialty Industrial Machinery classification in Sweden and is traded on Stockholm Stock Exchange. It employs 22209 people.
Trelleborg Stock Technical Analysis
Trelleborg 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
Trelleborg Period Price Range
Low | December 4, 2024
| High |
0.00 | 0.00 |
Trelleborg 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.
Trelleborg December 4, 2024 Market Strength
Market strength indicators help investors to evaluate how Trelleborg stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Trelleborg shares will generate the highest return on investment. By undertsting and applying Trelleborg stock market strength indicators, traders can identify Trelleborg AB entry and exit signals to maximize returns
Trelleborg Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Trelleborg's price direction in advance. Along with the technical and fundamental analysis of Trelleborg Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Trelleborg 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 | (0.04) | |||
Jensen Alpha | (0.16) | |||
Total Risk Alpha | (0.33) | |||
Treynor Ratio | (0.25) |
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When running Trelleborg's price analysis, check to measure Trelleborg'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 Trelleborg is operating at the current time. Most of Trelleborg's value examination focuses on studying past and present price action to predict the probability of Trelleborg's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Trelleborg's price. Additionally, you may evaluate how the addition of Trelleborg to your portfolios can decrease your overall portfolio volatility.
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