SaveLend Group (Sweden) Price on September 24, 2024
| YIELD Stock | 2.15 0.02 0.92% |
If you're considering investing in SaveLend Stock, it is important to understand the factors that can impact its price. As of today, the current price of SaveLend Group stands at 2.15, as last reported on the 12th of December 2024, with the highest price reaching 2.15 and the lowest price hitting 2.05 during the day. SaveLend Group AB owns Efficiency Ratio (i.e., Sharpe Ratio) of -0.0238, which indicates the firm had a -0.0238% return per unit of risk over the last 3 months. SaveLend Group AB exposes twenty-two different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please validate SaveLend Group's Coefficient Of Variation of (3,848), risk adjusted performance of (0.01), and Variance of 6.92 to confirm the risk estimate we provide.
SaveLend Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
SaveLend |
Sharpe Ratio = -0.0238
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| Negative Returns | YIELD |
Estimated Market Risk
| 2.67 actual daily | 23 77% of assets are more volatile |
Expected Return
| -0.06 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 SaveLend Group 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 SaveLend Group by adding SaveLend Group to a well-diversified portfolio.
SaveLend Group Valuation on September 24, 2024
It is possible to determine the worth of SaveLend Group on a given historical date. On September 24, 2024 SaveLend was worth 2.35 at the beginning of the trading date compared to the closed value of 2.42. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of SaveLend Group stock. Still, in general, we apply an absolute valuation method to find SaveLend Group'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 SaveLend Group where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against SaveLend Group's related companies.
| Open | High | Low | Close | Volume | |
| 2.49 | 2.49 | 2.32 | 2.37 | 54,748 | |
09/24/2024 | 2.35 | 2.42 | 2.29 | 2.42 | 7,689 |
| 2.39 | 2.41 | 2.29 | 2.34 | 4,916 |
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SaveLend Group Trading Date Momentum on September 24, 2024
| On September 25 2024 SaveLend Group AB was traded for 2.34 at the closing time. The highest price during the trading period was 2.41 and the lowest recorded bid was listed for 2.29 . The volume for the day was 4.9 K. This history from September 25, 2024 contributed to the next trading day price decline. The trading price change to the next closing price was 3.31% . The trading price change to the current price is 4.96% . |
SaveLend Group AB Fundamentals Correlations and Trends
By evaluating SaveLend Group'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 SaveLend Group's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. SaveLend financial account trend analysis is a perfect complement when working with valuation or volatility modules.About SaveLend Group Stock history
SaveLend Group 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 SaveLend is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in SaveLend Group 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 SaveLend Group stock prices may prove useful in developing a viable investing in SaveLend Group
SaveLend Group Stock Technical Analysis
SaveLend Group 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
SaveLend Group Period Price Range
Low | December 12, 2024
| High |
0.00 | 0.00 |
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SaveLend Group December 12, 2024 Market Strength
Market strength indicators help investors to evaluate how SaveLend Group stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading SaveLend Group shares will generate the highest return on investment. By undertsting and applying SaveLend Group stock market strength indicators, traders can identify SaveLend Group AB entry and exit signals to maximize returns
SaveLend Group Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for SaveLend Group's price direction in advance. Along with the technical and fundamental analysis of SaveLend Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of SaveLend 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 | (0.03) | |||
| Total Risk Alpha | (0.50) | |||
| Treynor Ratio | 0.2069 |
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Additional Tools for SaveLend Stock Analysis
When running SaveLend Group's price analysis, check to measure SaveLend Group'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 SaveLend Group is operating at the current time. Most of SaveLend Group's value examination focuses on studying past and present price action to predict the probability of SaveLend Group's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move SaveLend Group's price. Additionally, you may evaluate how the addition of SaveLend Group to your portfolios can decrease your overall portfolio volatility.