Savola (Saudi Arabia) Price History

2050 Stock  SAR 36.85  0.65  1.80%   
If you're considering investing in Savola Stock, it is important to understand the factors that can impact its stock price. As of today, the current price of Savola is 36.85, as last reported on the 22nd of September, with the highest price reaching 37.05 and the lowest price hitting 36.00 during the day. Savola Group owns Efficiency Ratio (i.e., Sharpe Ratio) of -0.12, which indicates the firm had -0.12% of return per unit of risk over the last 3 months. Our standpoint towards measuring the risk of any stock is to look at both systematic and unsystematic factors of the business, including all available market data and technical indicators. Savola Group exposes fifteen different technical indicators, which can help you to evaluate volatility embedded in its stock price that cannot be diversified away. Please validate Savola Variance of 5.2, coefficient of variation of (867.96), and Risk Adjusted Performance of (0.06) to confirm the risk estimate we provide.
  
Savola Stock stock price history is provided at the adjusted basis, taking into account all of the recent filings.

Sharpe Ratio = -0.1152

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Estimated Market Risk

 2.28
  actual daily
19
81% of assets are more volatile

Expected Return

 -0.26
  actual daily
0
Most of other assets have higher returns

Risk-Adjusted Return

 -0.12
  actual daily
0
Most of other assets perform better
Based on monthly moving average Savola is performing at about 0% 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 Savola by adding it to a well-diversified portfolio.

Savola Stock Price History Chart

There are several ways to analyze Savola Stock price data. The simplest method is using a basic Savola candlestick price chart, which shows Savola price history and the buying and selling dynamics of a specified period. Many traders also use subjective judgment to their trading calls, avoiding the need to trade based on technical analysis.
Highest PriceAugust 1, 202342.5
Lowest PriceSeptember 7, 202334.35

Savola September 22, 2023 Stock Price Synopsis

Various analyses of Savola stock's daily price changes, such as its Balance Of Power or Price Action, are crucial when deciding whether to buy, hold, or sell Savola Stock. It can be used to describe the percentage change in the price of Savola from one trading day to the next and could be a valuable metric for traders and investors to gauge the volatility and momentum of Savola Stock.
Savola Price Rate Of Daily Change 1.02 
Savola Price Action Indicator 0.65 
Savola Price Daily Balance Of Power 0.62 

Savola September 22, 2023 Stock Price Analysis

When benchmark price declines in a down market, there may be an uptick in Savola Stock price where buyers come in believing the asset is cheap or selling overdone. The opposite is true when the market is bullish. You can use Savola intraday prices and daily technical indicators to check the level of noise trading in Savola Stock and then apply it to test your longer-term investment strategies against Savola.

Savola Stock Price History Data

OpenHighLowCloseVolume
09/22/2023
 36.80  37.05  36.00  36.85 
09/21/2023 36.80  37.05  36.00  36.85  351,750 
09/20/2023 36.20  36.85  36.10  36.85  304,400 
09/19/2023 37.00  37.00  35.70  36.20  856,630 
09/18/2023 35.65  37.25  35.60  36.90  1,090,000 
09/14/2023 35.40  35.55  35.15  35.50  512,340 
09/13/2023 35.50  35.75  35.10  35.75  376,050 
09/12/2023 35.55  35.75  35.40  35.45  296,240 
09/11/2023 34.60  35.70  34.60  35.15  568,020 
09/07/2023 35.75  35.75  34.35  34.35  543,260 
09/06/2023 36.50  36.55  35.50  35.65  633,780 
09/05/2023 36.35  36.85  36.35  36.50  372,870 
09/04/2023 37.40  37.50  36.30  36.35  556,050 
08/31/2023 37.85  38.40  37.45  37.90  945,740 
08/30/2023 37.00  38.20  36.75  38.00  881,200 
08/29/2023 36.60  37.20  36.60  37.00  642,210 
08/28/2023 36.25  37.25  36.20  36.55  522,180 
08/24/2023 36.75  36.75  35.50  35.50  723,610 
08/23/2023 36.65  37.25  36.20  36.25  556,980 
08/22/2023 37.10  37.40  36.30  36.95  496,150 
08/21/2023 37.00  37.90  37.00  37.15  984,460 
08/17/2023 35.95  36.65  35.95  36.25  8,670,000 
08/16/2023 35.95  36.75  35.70  35.95  681,400 
08/15/2023 36.80  36.80  35.50  36.00  918,770 
08/14/2023 36.65  36.85  36.20  36.60  681,090 
08/10/2023 36.55  37.00  35.95  36.35  1,730,000 
08/09/2023 38.00  38.00  35.80  36.65  3,050,000 
08/08/2023 41.10  41.10  39.05  39.60  538,890 
08/07/2023 38.90  40.50  38.50  40.50  696,450 
08/03/2023 42.45  42.60  41.15  41.15  431,250 
08/02/2023 42.50  43.40  42.00  42.50  987,710 
08/01/2023 42.15  43.10  42.10  42.50  1,040,000 
07/31/2023 41.30  42.30  41.00  42.30  1,640,000 
07/27/2023 41.30  41.60  40.65  40.65  160,770 
07/26/2023 41.40  41.75  41.20  41.35  323,340 
07/25/2023 40.60  41.50  40.60  41.50  315,640 
07/24/2023 39.75  41.20  39.75  41.10  363,750 
07/20/2023 41.10  41.30  40.00  40.60  473,360 
07/19/2023 40.10  41.40  40.00  41.10  541,350 
07/18/2023 40.70  41.00  39.75  40.00  578,510 
07/17/2023 38.80  41.35  38.70  40.55  1,230,000 
07/13/2023 40.70  41.10  39.25  39.55  757,490 
07/12/2023 41.60  42.35  40.65  40.70  504,990 
07/11/2023 41.00  42.15  40.70  41.95  990,570 
07/10/2023 40.95  41.50  40.30  40.95  381,370 
07/06/2023 41.90  42.15  41.25  42.05  634,360 
07/05/2023 41.35  42.05  40.65  41.25  608,740 
07/04/2023 42.40  42.40  41.25  41.55  563,490 
07/03/2023 41.75  42.45  41.60  42.45  591,690 
06/22/2023 41.45  41.90  41.40  41.65  500,880 
06/21/2023 41.65  42.45  41.20  41.45  405,960 
06/20/2023 41.25  42.20  41.15  42.20  469,610 
06/19/2023 41.75  42.20  41.50  41.65  690,930 
06/15/2023 41.50  42.40  41.35  41.60  1,490,000 
06/14/2023 39.90  41.70  39.70  41.55  1,930,000 
06/13/2023 39.45  40.55  39.35  40.00  1.00 
06/12/2023 39.00  39.45  38.85  39.40  418,280 
06/08/2023 39.50  39.45  39.15  39.15  1.00 
06/07/2023 39.90  39.90  38.60  39.00  1,260,000 
06/06/2023 38.75  40.35  38.70  40.00  2,860,000 
06/05/2023 37.45  38.90  37.45  38.75  1,210,000 

About Savola Stock history

Savola 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 Savola is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Savola Group 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 Savola stock prices may prove useful in developing a viable investing in Savola
Savola Group Company, through its subsidiaries, manufactures, markets, and distributes food products in the Middle East, North Africa, and Turkey region. The company was founded in 1978 and is headquartered in Jeddah, the Kingdom of Saudi Arabia. SAVOLA is traded on Commodity Exchange in Exotistan.

Savola Stock Technical Analysis

Savola 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.
A focus of Savola technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of Savola trading pattern rather than external drivers such as economic, fundamental, or social events. It is believed that price action tends to repeat itself due to investors' collective, patterned behavior. Hence technical analysis focuses on identifiable price trends and conditions. More Info...

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Savola Technical and Predictive Indicators

Predictive indicators are helping investors to find signals for Savola stock's direction in advance. Along with the technical and fundamental analysis of Savola Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Savola 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 stock 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.
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Savola Group. 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. You can also try the Premium Stories module to follow Macroaxis premium stories from verified contributors across different equity types, categories and coverage scope.

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When running Savola's price analysis, check to measure Savola'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 Savola is operating at the current time. Most of Savola's value examination focuses on studying past and present price action to predict the probability of Savola's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Savola's price. Additionally, you may evaluate how the addition of Savola to your portfolios can decrease your overall portfolio volatility.
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Please note, there is a significant difference between Savola's value and its price as these two are different measures arrived at by different means. Investors typically determine if Savola is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Savola's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.