Castellum (Sweden) Price on April 8, 2024
| CAST Stock | SEK 131.95 2.20 1.64% |
If you're considering investing in Castellum Stock, it is important to understand the factors that can impact its price. As of today, the current price of Castellum stands at 131.95, as last reported on the 5th of May, with the highest price reaching 135.80 and the lowest price hitting 126.80 during the day. We consider Castellum very steady. Castellum AB secures Sharpe Ratio (or Efficiency) of 0.0223, which signifies that the company had a 0.0223% return per unit of risk over the last 3 months. We have found twenty-four technical indicators for Castellum AB, which you can use to evaluate the volatility of the firm. Please confirm Castellum's Mean Deviation of 1.34, risk adjusted performance of (0), and Standard Deviation of 1.65 to double-check if the risk estimate we provide is consistent with the expected return of 0.0371%.
Castellum Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
Castellum |
Sharpe Ratio = 0.0223
| Best Portfolio | Best Equity | |||
| Good Returns | ||||
| Average Returns | ||||
| Small Returns | ||||
| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
| Negative Returns | CAST |
Estimated Market Risk
| 1.66 actual daily | 14 86% of assets are more volatile |
Expected Return
| 0.04 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| 0.02 actual daily | 1 99% of assets perform better |
Based on monthly moving average Castellum is performing at about 1% 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 Castellum by adding it to a well-diversified portfolio.
Castellum Valuation on April 8, 2024
It is possible to determine the worth of Castellum on a given historical date. On April 8, 2024 Castellum was worth 134.4 at the beginning of the trading date compared to the closed value of 136.8. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Castellum stock. Still, in general, we apply an absolute valuation method to find Castellum'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 Castellum where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Castellum's related companies.
| Open | High | Low | Close | Volume | |
| 134.50 | 135.95 | 132.80 | 134.40 | 855,104 | |
04/08/2024 | 134.40 | 136.90 | 133.75 | 136.80 | 868,188 |
| 135.00 | 135.65 | 133.30 | 133.60 | 1,298,232 |
| Backtest Castellum | | | Castellum History | | | Castellum Valuation | Previous | Next |
Castellum Trading Date Momentum on April 8, 2024
| On April 09 2024 Castellum AB was traded for 133.60 at the closing time. The highest price during the trading period was 135.65 and the lowest recorded bid was listed for 133.30 . The volume for the day was 1.3 M. This history from April 9, 2024 contributed to the next trading day price decline. The overall trading delta to the next closing price was 2.34% . The overall trading delta to the current price is 7.57% . |
Castellum AB Fundamentals Correlations and Trends
By evaluating Castellum'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 Castellum's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Castellum financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Castellum Stock history
Castellum 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 Castellum is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Castellum 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 Castellum stock prices may prove useful in developing a viable investing in Castellum
Castellum is one of the largest listed real estate companies in Sweden. In addition, Castellum is the only Nordic real-estate and construction company elected to the Dow Jones Sustainability Index , joining a select group of companies in the world who perform best on sustainability issues.The Castellum share is listed on Nasdaq Stockholm Large Cap. Castellum operates under Office Commercial And Industrial Real Estate classification in Sweden and is traded on Stockholm Stock Exchange.
Castellum Stock Technical Analysis
Castellum 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
Castellum Period Price Range
Low | April 8, 2024
| High |
134.40 | 136.80 |
Castellum May 5, 2024 Market Strength
Market strength indicators help investors to evaluate how Castellum stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Castellum shares will generate the highest return on investment. By undertsting and applying Castellum stock market strength indicators, traders can identify Castellum AB entry and exit signals to maximize returns
| Accumulation Distribution | 19976.57 | |||
| Daily Balance Of Power | 0.7619 | |||
| Rate Of Daily Change | 1.02 | |||
| Day Median Price | 135.32 | |||
| Day Typical Price | 135.82 | |||
| Price Action Indicator | 2.68 | |||
| Period Momentum Indicator | (4.85) | |||
| Relative Strength Index | 48.82 |
Castellum Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Castellum's price direction in advance. Along with the technical and fundamental analysis of Castellum Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Castellum 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) | |||
| Jensen Alpha | (0.01) | |||
| Total Risk Alpha | (0.21) | |||
| Treynor Ratio | 0.098 |
| Cycle Indicators | ||
| Math Operators | ||
| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Castellum 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 board of governors. For more information on how to buy Castellum Stock please use our How to Invest in Castellum guide.You can also try the Price Ceiling Movement module to calculate and plot Price Ceiling Movement for different equity instruments.
Complementary Tools for Castellum Stock analysis
When running Castellum's price analysis, check to measure Castellum'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 Castellum is operating at the current time. Most of Castellum's value examination focuses on studying past and present price action to predict the probability of Castellum's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Castellum's price. Additionally, you may evaluate how the addition of Castellum to your portfolios can decrease your overall portfolio volatility.
| Equity Valuation Check real value of public entities based on technical and fundamental data | |
| Sync Your Broker Sync your existing holdings, watchlists, positions or portfolios from thousands of online brokerage services, banks, investment account aggregators and robo-advisors. | |
| Portfolio Anywhere Track or share privately all of your investments from the convenience of any device | |
| Theme Ratings Determine theme ratings based on digital equity recommendations. Macroaxis theme ratings are based on combination of fundamental analysis and risk-adjusted market performance | |
| Odds Of Bankruptcy Get analysis of equity chance of financial distress in the next 2 years | |
| Sign In To Macroaxis Sign in to explore Macroaxis' wealth optimization platform and fintech modules | |
| Portfolio Optimization Compute new portfolio that will generate highest expected return given your specified tolerance for risk | |
| Crypto Correlations Use cryptocurrency correlation module to diversify your cryptocurrency portfolio across multiple coins | |
| Commodity Directory Find actively traded commodities issued by global exchanges | |
| Portfolio Manager State of the art Portfolio Manager to monitor and improve performance of your invested capital | |
| AI Portfolio Architect Use AI to generate optimal portfolios and find profitable investment opportunities |