Arctic Paper (Sweden) Price on April 18, 2024
| ARP Stock | SEK 59.90 0.25 0.42% |
If you're considering investing in Arctic Stock, it is important to understand the factors that can impact its price. As of today, the current price of Arctic Paper stands at 59.90, as last reported on the 21st of May, with the highest price reaching 60.05 and the lowest price hitting 59.05 during the day. We consider Arctic Paper very steady. Arctic Paper SA secures Sharpe Ratio (or Efficiency) of 0.0276, which signifies that the company had a 0.0276% return per unit of standard deviation over the last 3 months. We have found twenty-nine technical indicators for Arctic Paper SA, which you can use to evaluate the volatility of the firm. Please confirm Arctic Paper's mean deviation of 1.9, and Risk Adjusted Performance of 0.0359 to double-check if the risk estimate we provide is consistent with the expected return of 0.0658%.
Arctic Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
Arctic |
Sharpe Ratio = 0.0276
| Best Portfolio | Best Equity | |||
| Good Returns | ||||
| Average Returns | ||||
| Small Returns | ||||
| Cash | Small Risk | ARP | High Risk | Huge Risk |
| Negative Returns |
Estimated Market Risk
| 2.38 actual daily | 21 79% of assets are more volatile |
Expected Return
| 0.07 actual daily | 1 99% of assets have higher returns |
Risk-Adjusted Return
| 0.03 actual daily | 2 98% of assets perform better |
Based on monthly moving average Arctic Paper is performing at about 2% 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 Arctic Paper by adding it to a well-diversified portfolio.
Arctic Paper Valuation on April 18, 2024
It is possible to determine the worth of Arctic Paper on a given historical date. On April 18, 2024 Arctic was worth 56.0 at the beginning of the trading date compared to the closed value of 56.0. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Arctic Paper stock. Still, in general, we apply an absolute valuation method to find Arctic Paper'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 Arctic Paper where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Arctic Paper's related companies.
| Open | High | Low | Close | Volume | |
| 56.35 | 57.00 | 55.75 | 56.00 | 16,229 | |
04/18/2024 | 56.00 | 56.75 | 55.55 | 56.00 | 20,349 |
| 56.00 | 57.70 | 56.00 | 57.25 | 13,958 |
| Backtest Arctic Paper | | | Arctic Paper History | | | Arctic Paper Valuation | Previous | Next |
Arctic Paper Trading Date Momentum on April 18, 2024
| On April 19 2024 Arctic Paper SA was traded for 57.25 at the closing time. The maximum traded price for the trading interval was 57.70 and the lowest daily price was 56.00 . The daily volume was recorded at 14 K. The volume of trading on 19th of April 2024 played a part in the next trading day price appreciation. The overall trading delta to the next closing price was 2.23% . The overall trading delta to the closing price today is 0.63% . |
Arctic Paper SA Fundamentals Correlations and Trends
By evaluating Arctic Paper'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 Arctic Paper's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Arctic financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Arctic Paper Stock history
Arctic Paper 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 Arctic is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Arctic Paper SA 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 Arctic Paper stock prices may prove useful in developing a viable investing in Arctic Paper
Arctic Paper S.A., together with its subsidiaries, produces and sells paper for printing houses, paper distributors, book and magazine publishing houses, and the advertising agencies in Germany, France, the United Kingdom, Scandinavia, Poland, other Western Europe, Central and Eastern Europe, and internationally. The company was founded in 1983 and is headquartered in Poznan, Poland. Arctic Paper operates under Paper Paper Products classification in Sweden and is traded on Stockholm Stock Exchange. It employs 1530 people.
Arctic Paper Stock Technical Analysis
Arctic Paper 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
Arctic Paper Period Price Range
Low | April 18, 2024
| High |
56.00 | 56.00 |
Arctic Paper May 21, 2024 Market Strength
Market strength indicators help investors to evaluate how Arctic Paper stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Arctic Paper shares will generate the highest return on investment. By undertsting and applying Arctic Paper stock market strength indicators, traders can identify Arctic Paper SA entry and exit signals to maximize returns
| Accumulation Distribution | 430.29 | |||
| Rate Of Daily Change | 1.0 | |||
| Day Median Price | 56.15 | |||
| Day Typical Price | 56.1 | |||
| Market Facilitation Index | 1.0E-4 | |||
| Price Action Indicator | (0.15) | |||
| Period Momentum Indicator | 3.9 |
Arctic Paper Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Arctic Paper's price direction in advance. Along with the technical and fundamental analysis of Arctic Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Arctic 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 | 0.0359 | |||
| Jensen Alpha | 0.1221 | |||
| Total Risk Alpha | (0.19) | |||
| Sortino Ratio | 0.0189 | |||
| Treynor Ratio | (0.98) |
| 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 Arctic Paper SA. 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 My Watchlist Analysis module to analyze my current watchlist and to refresh optimization strategy. Macroaxis watchlist is based on self-learning algorithm to remember stocks you like.
Complementary Tools for Arctic Stock analysis
When running Arctic Paper's price analysis, check to measure Arctic Paper'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 Arctic Paper is operating at the current time. Most of Arctic Paper's value examination focuses on studying past and present price action to predict the probability of Arctic Paper's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Arctic Paper's price. Additionally, you may evaluate how the addition of Arctic Paper to your portfolios can decrease your overall portfolio volatility.
| Aroon Oscillator Analyze current equity momentum using Aroon Oscillator and other momentum ratios | |
| Latest Portfolios Quick portfolio dashboard that showcases your latest portfolios | |
| Money Managers Screen money managers from public funds and ETFs managed around the world | |
| Fundamentals Comparison Compare fundamentals across multiple equities to find investing opportunities | |
| Volatility Analysis Get historical volatility and risk analysis based on latest market data | |
| ETF Categories List of ETF categories grouped based on various criteria, such as the investment strategy or type of investments | |
| Performance Analysis Check effects of mean-variance optimization against your current asset allocation | |
| Portfolio Manager State of the art Portfolio Manager to monitor and improve performance of your invested capital | |
| Stock Tickers Use high-impact, comprehensive, and customizable stock tickers that can be easily integrated to any websites | |
| Watchlist Optimization Optimize watchlists to build efficient portfolios or rebalance existing positions based on the mean-variance optimization algorithm | |
| Portfolio Optimization Compute new portfolio that will generate highest expected return given your specified tolerance for risk | |
| Portfolio Diagnostics Use generated alerts and portfolio events aggregator to diagnose current holdings |