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
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.
Savola September 22, 2023 Stock Price SynopsisVarious 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. 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
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 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.
Check real value of public entities based on technical and fundamental data
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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.
Complementary Tools for Savola Stock analysis
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.