AQ Group (Sweden) Price on March 4, 2024
| AQ Stock | SEK 144.20 2.32 1.58% |
If you're considering investing in AQ Group Stock, it is important to understand the factors that can impact its price. As of today, the current price of AQ Group stands at 144.20, as last reported on the 2nd of June, with the highest price reaching 150.90 and the lowest price hitting 143.40 during the day. AQ Group appears to be very steady, given 3 months investment horizon. AQ Group AB retains Efficiency (Sharpe Ratio) of 0.23, which signifies that the company had a 0.23% return per unit of price deviation over the last 3 months. We have found thirty technical indicators for AQ Group, which you can use to evaluate the volatility of the firm. Please makes use of AQ Group's Market Risk Adjusted Performance of 4.26, standard deviation of 2.01, and Coefficient Of Variation of 463.12 to double-check if our risk estimates are consistent with your expectations.
AQ Group Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
AQ Group |
Sharpe Ratio = 0.2308
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Estimated Market Risk
| 2.05 actual daily | 18 82% of assets are more volatile |
Expected Return
| 0.47 actual daily | 9 91% of assets have higher returns |
Risk-Adjusted Return
| 0.23 actual daily | 18 82% of assets perform better |
Based on monthly moving average AQ Group is performing at about 18% 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 AQ Group by adding it to a well-diversified portfolio.
AQ Group Valuation on March 4, 2024
It is possible to determine the worth of AQ Group on a given historical date. On March 4, 2024 AQ Group was worth 560.0 at the beginning of the trading date compared to the closed value of 108.91. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of AQ Group stock. Still, in general, we apply an absolute valuation method to find AQ 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 AQ Group where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against AQ Group's related companies.
| Open | High | Low | Close | Volume | |
| 558.00 | 111.66 | 109.69 | 110.68 | 65,990 | |
03/04/2024 | 560.00 | 109.87 | 107.92 | 108.91 | 39,795 |
| 551.00 | 109.09 | 107.12 | 108.12 | 979,795 |
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AQ Group Trading Date Momentum on March 4, 2024
| On March 05 2024 AQ Group AB was traded for 108.12 at the closing time. The highest daily price throughout the period was 109.09 and the lowest price was 107.12 . The daily volume was 979.8 K. The net trading volume on 03/05/2024 added to the next day price reduction. The overall trading delta to closing price of the next trading day was 0.73% . The overall trading delta to current closing price is 390.31% . |
AQ Group AB Fundamentals Correlations and Trends
By evaluating AQ 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 AQ Group's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. AQ Group financial account trend analysis is a perfect complement when working with valuation or volatility modules.About AQ Group Stock history
AQ 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 AQ Group is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in AQ 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 AQ Group stock prices may prove useful in developing a viable investing in AQ Group
AQ Group AB manufactures and sells components and systems for industrial customers worldwide. AQ Group AB was founded in 1994 and is headquartered in Vsters, Sweden. AQ Group is traded on Stockholm Stock Exchange in Sweden.
AQ Group Stock Technical Analysis
AQ 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
AQ Group Period Price Range
Low | March 4, 2024
| High |
560.00 | 108.91 |
AQ Group June 2, 2024 Market Strength
Market strength indicators help investors to evaluate how AQ 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 AQ Group shares will generate the highest return on investment. By undertsting and applying AQ Group stock market strength indicators, traders can identify AQ Group AB entry and exit signals to maximize returns
| Accumulation Distribution | 706.29 | |||
| Daily Balance Of Power | (231.33) | |||
| Rate Of Daily Change | 0.19 | |||
| Day Median Price | 108.9 | |||
| Day Typical Price | 108.9 | |||
| Price Action Indicator | (225.53) | |||
| Period Momentum Indicator | 35.29 | |||
| Relative Strength Index | 71.79 |
AQ Group Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for AQ Group's price direction in advance. Along with the technical and fundamental analysis of AQ Group Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of AQ Group 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 | 0.1418 | |||
| Jensen Alpha | 0.421 | |||
| Total Risk Alpha | 0.3109 | |||
| Sortino Ratio | 0.2848 | |||
| Treynor Ratio | 4.25 |
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| Volume Indicators |
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in AQ Group 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 state. You can also try the Watchlist Optimization module to optimize watchlists to build efficient portfolios or rebalance existing positions based on the mean-variance optimization algorithm.
Complementary Tools for AQ Group Stock analysis
When running AQ Group's price analysis, check to measure AQ 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 AQ Group is operating at the current time. Most of AQ Group's value examination focuses on studying past and present price action to predict the probability of AQ 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 AQ Group's price. Additionally, you may evaluate how the addition of AQ Group to your portfolios can decrease your overall portfolio volatility.
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