Svenska Handelsbanken (Sweden) Price on March 26, 2020
| SHB-B Stock | SEK 132.20 1.10 0.84% |
If you're considering investing in Svenska Stock, it is important to understand the factors that can impact its price. As of today, the current price of Svenska Handelsbanken stands at 132.20, as last reported on the 18th of April 2024, with the highest price reaching 132.20 and the lowest price hitting 130.10 during the day. We consider Svenska Handelsbanken very steady. Svenska Handelsbanken owns Efficiency Ratio (i.e., Sharpe Ratio) of 0.0375, which indicates the firm had a 0.0375% return per unit of risk over the last 3 months. We have found twenty-nine technical indicators for Svenska Handelsbanken AB, which you can use to evaluate the volatility of the company. Please validate Svenska Handelsbanken's Coefficient Of Variation of 6384.31, semi deviation of 1.54, and Risk Adjusted Performance of 0.0158 to confirm if the risk estimate we provide is consistent with the expected return of 0.0578%.
Svenska Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
Svenska |
Sharpe Ratio = 0.0375
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Estimated Market Risk
| 1.54 actual daily | 13 87% of assets are more volatile |
Expected Return
| 0.06 actual daily | 1 99% of assets have higher returns |
Risk-Adjusted Return
| 0.04 actual daily | 2 98% of assets perform better |
Based on monthly moving average Svenska Handelsbanken 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 Svenska Handelsbanken by adding it to a well-diversified portfolio.
Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.
About Svenska Handelsbanken Stock history
Svenska Handelsbanken 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 Svenska is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Svenska Handelsbanken 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 Svenska Handelsbanken stock prices may prove useful in developing a viable investing in Svenska Handelsbanken
Svenska Handelsbanken AB provides various banking products and services for private and corporate customers primarily in Sweden, the United Kingdom, Norway, the Netherlands, the United States, Luxembourg, China, Germany, France, and Poland. Svenska Handelsbanken AB was incorporated in 1871 and is headquartered in Stockholm, Sweden. Svenska Handelsbanken is traded on Stockholm Stock Exchange in Sweden.
Svenska Handelsbanken Stock Technical Analysis
Svenska Handelsbanken 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
Svenska Handelsbanken Period Price Range
Svenska Handelsbanken April 18, 2024 Market Strength
Market strength indicators help investors to evaluate how Svenska Handelsbanken stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Svenska Handelsbanken shares will generate the highest return on investment. By undertsting and applying Svenska Handelsbanken stock market strength indicators, traders can identify Svenska Handelsbanken AB entry and exit signals to maximize returns
Svenska Handelsbanken Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Svenska Handelsbanken's price direction in advance. Along with the technical and fundamental analysis of Svenska Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Svenska 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 | 0.0158 | |||
| Jensen Alpha | (0.01) | |||
| Total Risk Alpha | (0.1) | |||
| Sortino Ratio | (0.02) | |||
| Treynor Ratio | 0.031 |
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Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Svenska Handelsbanken AB. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in bureau of labor statistics. Note that the Svenska Handelsbanken information on this page should be used as a complementary analysis to other Svenska Handelsbanken's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Fundamental Analysis module to view fundamental data based on most recent published financial statements.
Complementary Tools for Svenska Stock analysis
When running Svenska Handelsbanken's price analysis, check to measure Svenska Handelsbanken'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 Svenska Handelsbanken is operating at the current time. Most of Svenska Handelsbanken's value examination focuses on studying past and present price action to predict the probability of Svenska Handelsbanken's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Svenska Handelsbanken's price. Additionally, you may evaluate how the addition of Svenska Handelsbanken to your portfolios can decrease your overall portfolio volatility.
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