AB Volvo (Sweden) Price on December 2, 2024
| VOLV-A Stock | SEK 286.20 2.60 0.90% |
If you're considering investing in VOLV-A Stock, it is important to understand the factors that can impact its price. As of today, the current price of AB Volvo stands at 286.20, as last reported on the 11th of December 2024, with the highest price reaching 290.20 and the lowest price hitting 286.20 during the day. At this point, AB Volvo is very steady. AB Volvo retains Efficiency (Sharpe Ratio) of 0.14, which signifies that the company had a 0.14% return per unit of price deviation over the last 3 months. We have found twenty-nine technical indicators for AB Volvo, which you can use to evaluate the volatility of the entity. Please confirm AB Volvo's Market Risk Adjusted Performance of 0.484, coefficient of variation of 650.17, and Standard Deviation of 1.33 to double-check if the risk estimate we provide is consistent with the expected return of 0.19%.
VOLV-A Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
VOLV-A |
Sharpe Ratio = 0.1392
| Best Portfolio | Best Equity | |||
| Good Returns | ||||
| Average Returns | ||||
| Small Returns | VOLV-A | |||
| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
| Negative Returns |
Estimated Market Risk
| 1.35 actual daily | 12 88% of assets are more volatile |
Expected Return
| 0.19 actual daily | 3 97% of assets have higher returns |
Risk-Adjusted Return
| 0.14 actual daily | 10 90% of assets perform better |
Based on monthly moving average AB Volvo is performing at about 10% 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 AB Volvo by adding it to a well-diversified portfolio.
AB Volvo Valuation on December 2, 2024
It is possible to determine the worth of AB Volvo on a given historical date. On December 2, 2024 VOLV-A was worth 272.0 at the beginning of the trading date compared to the closed value of 277.6. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of AB Volvo stock. Still, in general, we apply an absolute valuation method to find AB Volvo'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 AB Volvo where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against AB Volvo's related companies.
| Open | High | Low | Close | Volume | |
| 273.40 | 273.80 | 271.00 | 273.00 | 204,713 | |
12/02/2024 | 272.00 | 280.20 | 268.80 | 277.60 | 137,285 |
| 278.40 | 282.80 | 278.40 | 280.40 | 170,919 |
| Backtest AB Volvo | | | AB Volvo History | | | AB Volvo Valuation | Previous | Next |
AB Volvo Trading Date Momentum on December 2, 2024
| On December 03 2024 AB Volvo was traded for 280.40 at the closing time. The highest price during the trading period was 282.80 and the lowest recorded bid was listed for 278.40 . The volume for the day was 170.9 K. This history from December 3, 2024 contributed to the next trading day price jump. The trading price change to the next closing price was 1.01% . The overall trading delta to the current price is 3.82% . |
AB Volvo Fundamentals Correlations and Trends
By evaluating AB Volvo'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 AB Volvo's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. VOLV-A financial account trend analysis is a perfect complement when working with valuation or volatility modules.About AB Volvo Stock history
AB Volvo 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 VOLV-A is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in AB Volvo 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 AB Volvo stock prices may prove useful in developing a viable investing in AB Volvo
AB Volvo , together with its subsidiaries, manufactures and sells trucks, buses, construction equipment, and marine and industrial engines in Europe, North America, South America, Asia, Africa, and Oceania. AB Volvo was incorporated in 1915 and is headquartered in Gothenburg, Sweden. Volvo AB is traded on Stockholm Stock Exchange in Sweden.
AB Volvo Stock Technical Analysis
AB Volvo 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
AB Volvo Period Price Range
Low | December 11, 2024
| High |
0.00 | 0.00 |
AB Volvo 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.
AB Volvo December 11, 2024 Market Strength
Market strength indicators help investors to evaluate how AB Volvo stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading AB Volvo shares will generate the highest return on investment. By undertsting and applying AB Volvo stock market strength indicators, traders can identify AB Volvo entry and exit signals to maximize returns
AB Volvo Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for AB Volvo's price direction in advance. Along with the technical and fundamental analysis of VOLV-A Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of VOLV-A 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 | 0.1157 | |||
| Jensen Alpha | 0.1482 | |||
| Total Risk Alpha | (0.02) | |||
| Sortino Ratio | 0.0775 | |||
| Treynor Ratio | 0.474 |
| Cycle Indicators | ||
| Math Operators | ||
| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
Complementary Tools for VOLV-A Stock analysis
When running AB Volvo's price analysis, check to measure AB Volvo'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 AB Volvo is operating at the current time. Most of AB Volvo's value examination focuses on studying past and present price action to predict the probability of AB Volvo's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move AB Volvo's price. Additionally, you may evaluate how the addition of AB Volvo to your portfolios can decrease your overall portfolio volatility.
| Portfolio Suggestion Get suggestions outside of your existing asset allocation including your own model portfolios | |
| Bond Analysis Evaluate and analyze corporate bonds as a potential investment for your portfolios. | |
| My Watchlist Analysis Analyze my current watchlist and to refresh optimization strategy. Macroaxis watchlist is based on self-learning algorithm to remember stocks you like | |
| Bonds Directory Find actively traded corporate debentures issued by US companies | |
| FinTech Suite Use AI to screen and filter profitable investment opportunities | |
| Crypto Correlations Use cryptocurrency correlation module to diversify your cryptocurrency portfolio across multiple coins | |
| Price Ceiling Movement Calculate and plot Price Ceiling Movement for different equity instruments | |
| Companies Directory Evaluate performance of over 100,000 Stocks, Funds, and ETFs against different fundamentals | |
| Portfolio Diagnostics Use generated alerts and portfolio events aggregator to diagnose current holdings |