Precise Biometrics (Sweden) Price History

PREC Stock  SEK 2.16  0.50  30.12%   
If you're considering investing in Precise Stock, it is important to understand the factors that can impact its price. As of today, the current price of Precise Biometrics stands at 2.16, as last reported on the 23rd of May, with the highest price reaching 2.24 and the lowest price hitting 1.70 during the day. Precise Biometrics is abnormally volatile given 3 months investment horizon. Precise Biometrics maintains Sharpe Ratio (i.e., Efficiency) of 0.15, which implies the firm had a 0.15% return per unit of risk over the last 3 months. We were able to interpolate twenty-nine different technical indicators, which can help you to evaluate if expected returns of 1.72% are justified by taking the suggested risk. Use Precise Biometrics Risk Adjusted Performance of 0.0975, coefficient of variation of 653.25, and Semi Deviation of 3.86 to evaluate company specific risk that cannot be diversified away.
  
Precise Stock price history is provided at the adjusted basis, taking into account all of the recent filings.

Sharpe Ratio = 0.1521

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Estimated Market Risk

 11.31
  actual daily
96
96% of assets are less volatile

Expected Return

 1.72
  actual daily
34
66% of assets have higher returns

Risk-Adjusted Return

 0.15
  actual daily
11
89% of assets perform better
Based on monthly moving average Precise Biometrics is performing at about 11% 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 Precise Biometrics by adding it to a well-diversified portfolio.

Precise Biometrics Stock Price History Chart

There are several ways to analyze Precise Stock price data. The simplest method is using a basic Precise candlestick price chart, which shows Precise Biometrics 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 5, 20242.55
Lowest PriceFebruary 29, 20240.99

Precise Biometrics May 23, 2024 Stock Price Synopsis

Various analyses of Precise Biometrics' daily price changes, such as its Balance Of Power or Price Action, are crucial when deciding whether to buy, hold, or sell Precise Stock. It can be used to describe the percentage change in the price of Precise Biometrics from one trading day to the next and could be a valuable metric for traders and investors to gauge the volatility and momentum of Precise Stock.
Precise Biometrics Price Rate Of Daily Change 1.30 
Precise Biometrics Price Action Indicator 0.44 
Precise Biometrics Price Daily Balance Of Power 0.93 

Precise Biometrics May 23, 2024 Stock Price Analysis

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

Precise Stock Price History Data

The price series of Precise Biometrics for the period between Fri, Feb 23, 2024 and Thu, May 23, 2024 has a statistical range of 1.56 with a coefficient of variation of 31.33. The price distribution for the period has arithmetic mean of 1.41. The median price for the last 90 days is 1.35. The company completed stock split (1:10) on 9th of June 2022.
OpenHighLowCloseVolume
05/23/2024
 1.70  2.24  1.70  2.16 
05/22/2024 1.70  2.24  1.70  2.16  3,525,192 
05/21/2024 1.68  1.77  1.65  1.66  199,233 
05/20/2024 1.78  1.83  1.67  1.68  202,653 
05/17/2024 1.77  1.83  1.62  1.78  447,680 
05/16/2024 1.74  1.95  1.74  1.77  267,028 
05/15/2024 1.80  2.00  1.74  1.74  1,455,940 
05/14/2024 1.56  1.79  1.47  1.79  1,791,801 
05/13/2024 1.36  1.41  1.35  1.39  420,483 
05/10/2024 1.40  1.41  1.32  1.35  261,999 
05/08/2024 1.31  1.42  1.30  1.40  155,129 
05/07/2024 1.34  1.37  1.30  1.31  352,449 
05/06/2024 1.38  1.41  1.30  1.34  375,133 
05/03/2024 1.36  1.38  1.29  1.38  669,627 
05/02/2024 1.47  1.47  1.36  1.36  822,069 
04/30/2024 1.51  1.51  1.40  1.48  235,928 
04/29/2024 1.62  1.63  1.48  1.51  358,184 
04/26/2024 1.47  1.67  1.47  1.59  1,080,164 
04/25/2024 1.52  1.54  1.40  1.46  186,078 
04/24/2024 1.55  1.55  1.42  1.45  275,883 
04/23/2024 1.59  1.65  1.46  1.50  429,794 
04/22/2024 1.68  1.69  1.53  1.58  517,220 
04/19/2024 1.79  1.83  1.66  1.68  271,613 
04/18/2024 1.85  1.85  1.72  1.79  730,076 
04/17/2024 1.63  1.86  1.63  1.85  1,814,942 
04/16/2024 1.70  1.70  1.51  1.63  1,511,493 
04/15/2024 1.92  1.92  1.65  1.70  1,641,250 
04/12/2024 2.04  2.04  1.89  1.92  753,614 
04/11/2024 2.26  2.26  1.95  2.04  2,577,792 
04/10/2024 2.52  2.61  2.26  2.31  1,461,470 
04/09/2024 2.55  2.75  2.37  2.52  3,177,198 
04/08/2024 2.55  2.66  2.30  2.52  3,802,116 
04/05/2024 1.95  2.70  1.85  2.55  12,331,429 
04/04/2024 2.14  2.20  1.84  1.98  5,187,152 
04/03/2024 1.79  2.19  1.64  2.13  10,838,142 
04/02/2024 1.14  1.84  1.14  1.79  6,603,009 
03/28/2024 1.10  1.14  1.06  1.11  50,952 
03/27/2024 1.07  1.12  1.04  1.10  194,031 
03/26/2024 1.06  1.14  1.05  1.07  270,290 
03/25/2024 1.03  1.07  1.01  1.04  61,574 
03/22/2024 1.00  1.03  0.99  1.02  35,372 
03/21/2024 1.00  1.04  0.99  1.01  133,793 
03/20/2024 1.03  1.05  0.97  1.00  341,145 
03/19/2024 1.01  1.04  0.99  1.03  101,156 
03/18/2024 1.04  1.06  0.99  1.01  187,821 
03/15/2024 1.05  1.05  1.00  1.04  140,224 
03/14/2024 1.00  1.08  1.00  1.05  185,836 
03/13/2024 1.02  1.07  0.99  1.00  493,923 
03/12/2024 1.04  1.10  1.01  1.04  188,448 
03/11/2024 1.02  1.10  1.00  1.04  318,649 
03/08/2024 0.99  1.03  0.94  1.00  481,279 
03/07/2024 1.01  1.02  0.98  0.99  90,488 
03/06/2024 1.02  1.02  0.99  1.01  105,091 
03/05/2024 1.01  1.03  0.99  1.02  64,793 
03/04/2024 1.02  1.03  0.98  1.01  153,813 
03/01/2024 0.99  1.05  0.94  1.02  1,046,950 
02/29/2024 1.00  1.00  0.97  0.99  118,853 
02/28/2024 0.96  1.01  0.96  1.00  128,085 
02/27/2024 1.03  1.03  0.99  1.01  28,707 
02/26/2024 1.04  1.04  1.00  1.01  44,801 
02/23/2024 1.04  1.04  1.00  1.04  118,646 

About Precise Biometrics Stock history

Precise Biometrics 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 Precise is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Precise Biometrics 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 Precise Biometrics stock prices may prove useful in developing a viable investing in Precise Biometrics
Precise Biometrics AB develops and sells biometric authentication solutions for peoples digital identity and fingerprints in mobile phones and smart cards. Precise Biometrics AB was founded in 1997 and is headquartered in Lund, Sweden. Precise Biometrics operates under Security Protection Services classification in Sweden and is traded on Stockholm Stock Exchange. It employs 27 people.

Precise Biometrics Stock Technical Analysis

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

Predictive indicators are helping investors to find signals for Precise Biometrics' price direction in advance. Along with the technical and fundamental analysis of Precise Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Precise 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 Your Equity Center to better understand how to build diversified portfolios, which includes a position in Precise Biometrics 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 Options Analysis module to analyze and evaluate options and option chains as a potential hedge for your portfolios.

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Please note, there is a significant difference between Precise Biometrics' value and its price as these two are different measures arrived at by different means. Investors typically determine if Precise Biometrics is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Precise Biometrics' 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.