Arjo AB (Sweden) Price History

ARJO-B Stock  SEK 45.88  0.48  1.06%   
If you're considering investing in Arjo Stock, it is important to understand the factors that can impact its price. As of today, the current price of Arjo AB stands at 45.88, as last reported on the 7th of May, with the highest price reaching 46.52 and the lowest price hitting 45.74 during the day. Arjo AB secures Sharpe Ratio (or Efficiency) of -0.0215, which signifies that the company had a -0.0215% return per unit of risk over the last 3 months. Arjo AB exposes twenty-nine different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm Arjo AB's Downside Deviation of 2.44, mean deviation of 1.39, and Risk Adjusted Performance of 0.0145 to double-check the risk estimate we provide.
  
Arjo Stock price history is provided at the adjusted basis, taking into account all of the recent filings.

Sharpe Ratio = -0.0215

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Estimated Market Risk

 2.0
  actual daily
17
83% 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
0
Most of other assets perform better
Based on monthly moving average Arjo AB is not performing at its full potential. However, 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 Arjo AB by adding Arjo AB to a well-diversified portfolio.

Arjo AB Stock Price History Chart

There are several ways to analyze Arjo Stock price data. The simplest method is using a basic Arjo candlestick price chart, which shows Arjo AB 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 PriceApril 8, 202452.14
Lowest PriceMay 6, 202445.4

Arjo AB May 7, 2024 Stock Price Synopsis

Various analyses of Arjo AB's daily price changes, such as its Balance Of Power or Price Action, are crucial when deciding whether to buy, hold, or sell Arjo Stock. It can be used to describe the percentage change in the price of Arjo AB from one trading day to the next and could be a valuable metric for traders and investors to gauge the volatility and momentum of Arjo Stock.
Arjo AB Price Daily Balance Of Power 0.62 
Arjo AB Price Rate Of Daily Change 1.01 
Arjo AB Price Action Indicator(0.01)

Arjo AB May 7, 2024 Stock Price Analysis

When benchmark price declines in a down market, there may be an uptick in Arjo 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 Arjo AB intraday prices and daily technical indicators to check the level of noise trading in Arjo Stock and then apply it to test your longer-term investment strategies against Arjo.

Arjo Stock Price History Data

The price series of Arjo AB for the period between Wed, Feb 7, 2024 and Tue, May 7, 2024 has a statistical range of 6.4 with a coefficient of variation of 3.35. The prices are distributed with arithmetic mean of 48.7. The median price for the last 90 days is 48.64. The company issued dividends on 2023-04-21.
OpenHighLowCloseVolume
05/07/2024
 46.08  46.52  45.74  45.88 
05/06/2024 45.90  46.10  45.30  45.40  351,640 
05/03/2024 46.08  46.52  45.74  45.88  221,051 
05/02/2024 46.94  47.00  45.64  46.12  523,426 
04/30/2024 46.98  47.36  46.66  46.72  200,886 
04/29/2024 46.50  47.28  46.50  46.90  281,369 
04/26/2024 46.12  46.74  45.90  46.46  325,271 
04/25/2024 47.50  47.90  45.68  45.74  574,084 
04/24/2024 48.70  49.20  46.94  47.40  1,369,459 
04/23/2024 48.00  48.78  47.68  48.64  470,331 
04/22/2024 46.52  48.50  45.56  48.04  2,198,173 
04/19/2024 46.50  47.48  46.08  46.40  876,312 
04/18/2024 52.50  52.50  45.72  46.38  3,031,849 
04/17/2024 52.30  52.65  51.45  51.45  367,918 
04/16/2024 51.75  52.55  51.45  51.55  446,247 
04/15/2024 52.50  53.75  51.50  51.50  869,420 
04/12/2024 52.70  53.50  51.26  51.26  438,565 
04/11/2024 52.20  53.20  51.70  51.70  497,369 
04/10/2024 51.95  52.55  50.96  50.96  357,018 
04/09/2024 53.10  53.35  50.96  50.96  393,031 
04/08/2024 52.30  53.30  52.10  52.14  447,343 
04/05/2024 51.95  52.45  51.16  51.16  299,203 
04/04/2024 51.00  52.85  50.90  51.79  770,662 
04/03/2024 50.60  51.90  50.25  50.57  595,719 
04/02/2024 50.45  51.20  49.66  49.83  700,574 
03/28/2024 51.40  51.70  50.18  50.18  218,169 
03/27/2024 50.40  51.95  50.00  50.57  633,125 
03/26/2024 50.15  50.50  49.44  49.44  513,877 
03/25/2024 49.00  50.20  48.90  49.20  320,043 
03/22/2024 49.00  49.32  47.95  47.95  629,622 
03/21/2024 49.18  49.46  48.17  48.17  952,039 
03/20/2024 50.30  50.50  47.97  47.97  1,079,548 
03/19/2024 49.34  50.65  49.14  49.69  296,932 
03/18/2024 50.05  50.20  48.42  48.42  396,675 
03/15/2024 49.52  50.70  49.29  49.29  451,624 
03/14/2024 49.54  49.84  48.58  48.58  713,559 
03/13/2024 50.10  50.20  48.79  48.79  258,081 
03/12/2024 49.70  50.20  49.15  49.15  432,135 
03/11/2024 50.30  50.30  48.91  48.91  381,826 
03/08/2024 50.75  50.75  49.34  49.34  335,014 
03/07/2024 48.78  50.20  48.10  48.99  306,532 
03/06/2024 48.06  48.92  47.80  47.85  545,183 
03/05/2024 48.66  49.04  47.15  47.15  269,606 
03/04/2024 49.00  49.44  47.93  47.93  332,452 
03/01/2024 49.20  49.48  47.89  47.89  623,761 
02/29/2024 48.90  49.62  48.07  48.07  625,850 
02/28/2024 48.42  49.20  47.97  47.97  491,404 
02/27/2024 47.74  48.76  47.50  47.50  307,516 
02/26/2024 47.70  48.02  46.83  46.83  325,794 
02/23/2024 48.40  48.86  46.79  46.79  641,854 
02/22/2024 50.30  50.70  47.58  47.58  1,199,705 
02/21/2024 50.10  50.20  48.89  48.89  282,390 
02/20/2024 50.45  50.80  49.20  49.20  498,543 
02/19/2024 50.65  50.80  49.49  49.49  556,207 
02/16/2024 50.35  51.00  50.00  50.03  416,948 
02/15/2024 50.35  50.45  49.29  49.29  316,666 
02/14/2024 49.50  50.15  49.05  49.05  558,501 
02/13/2024 50.20  50.20  48.20  48.20  408,096 
02/12/2024 50.35  50.50  49.29  49.29  765,737 
02/09/2024 50.05  50.55  49.34  49.34  646,011 
02/08/2024 48.46  50.35  48.46  49.05  700,362 

About Arjo AB Stock history

Arjo AB 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 Arjo is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Arjo 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 Arjo AB stock prices may prove useful in developing a viable investing in Arjo AB
Arjo AB develops and sells medical devices and solutions for patients with reduced mobility and age-related health challenges in North America, Western Europe, and internationally. The company was founded in 1957 and is headquartered in Malmo, Sweden. Arjo AB is traded on Stockholm Stock Exchange in Sweden.

Arjo AB Stock Technical Analysis

Arjo AB 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 Arjo AB technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of Arjo AB 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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Arjo AB Technical and Predictive Indicators

Predictive indicators are helping investors to find signals for Arjo AB's price direction in advance. Along with the technical and fundamental analysis of Arjo Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Arjo 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.
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Arjo 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.
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 Arjo AB's price analysis, check to measure Arjo AB'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 Arjo AB is operating at the current time. Most of Arjo AB's value examination focuses on studying past and present price action to predict the probability of Arjo AB's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Arjo AB's price. Additionally, you may evaluate how the addition of Arjo AB to your portfolios can decrease your overall portfolio volatility.
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Please note, there is a significant difference between Arjo AB's value and its price as these two are different measures arrived at by different means. Investors typically determine if Arjo AB is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Arjo AB'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.