Promimic (Sweden) Price History

PRO Stock   34.30  0.90  2.69%   
If you're considering investing in Promimic Stock, it is important to understand the factors that can impact its price. As of today, the current price of Promimic stands at 34.30, as last reported on the 29th of May, with the highest price reaching 35.40 and the lowest price hitting 33.50 during the day. Promimic appears to be not too volatile, given 3 months investment horizon. Promimic AB maintains Sharpe Ratio (i.e., Efficiency) of 0.0497, which implies the firm had a 0.0497% return per unit of risk over the last 3 months. We have found twenty-nine technical indicators for Promimic AB, which you can use to evaluate the volatility of the company. Please evaluate Promimic's Coefficient Of Variation of 4068.53, semi deviation of 3.25, and Risk Adjusted Performance of 0.0229 to confirm if our risk estimates are consistent with your expectations.
  
Promimic Stock price history is provided at the adjusted basis, taking into account all of the recent filings.

Sharpe Ratio = 0.0497

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Estimated Market Risk

 3.97
  actual daily
35
65% of assets are more volatile

Expected Return

 0.2
  actual daily
3
97% of assets have higher returns

Risk-Adjusted Return

 0.05
  actual daily
3
97% of assets perform better
Based on monthly moving average Promimic is performing at about 3% 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 Promimic by adding it to a well-diversified portfolio.

Promimic Stock Price History Chart

There are several ways to analyze Promimic Stock price data. The simplest method is using a basic Promimic candlestick price chart, which shows Promimic 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 PriceMay 27, 202434.3
Lowest PriceMay 10, 202425.1

Promimic May 29, 2024 Stock Price Synopsis

Various analyses of Promimic's daily price changes, such as its Balance Of Power or Price Action, are crucial when deciding whether to buy, hold, or sell Promimic Stock. It can be used to describe the percentage change in the price of Promimic from one trading day to the next and could be a valuable metric for traders and investors to gauge the volatility and momentum of Promimic Stock.
Promimic Price Action Indicator 0.30 
Promimic Price Rate Of Daily Change 1.03 
Promimic Price Daily Balance Of Power 0.47 

Promimic May 29, 2024 Stock Price Analysis

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

Promimic Stock Price History Data

The price series of Promimic for the period between Thu, Feb 29, 2024 and Wed, May 29, 2024 has a statistical range of 9.7 with a coefficient of variation of 8.43. The price distribution for the period has arithmetic mean of 30.02. The median price for the last 90 days is 30.2.
OpenHighLowCloseVolume
05/29/2024
 33.50  35.40  33.50  34.30 
05/27/2024 33.50  35.40  33.50  34.30  1,934 
05/24/2024 31.70  33.40  30.60  33.40  11,572 
05/23/2024 30.00  31.80  29.90  30.50  5,753 
05/22/2024 27.50  31.50  27.50  30.00  20,066 
05/21/2024 25.80  26.80  25.30  26.80  5,779 
05/20/2024 26.00  26.80  25.30  25.80  7,143 
05/17/2024 25.80  26.40  25.00  26.00  4,875 
05/16/2024 26.00  26.00  25.00  25.80  3,370 
05/15/2024 26.50  26.90  25.50  26.30  1,153 
05/14/2024 26.30  26.50  26.30  26.50  1,651 
05/13/2024 25.10  29.80  24.70  25.90  2,457 
05/10/2024 25.20  25.80  25.00  25.10  8,021 
05/08/2024 25.90  26.00  25.30  25.80  4,337 
05/07/2024 26.40  26.90  26.00  26.00  3,577 
05/06/2024 29.00  29.00  27.00  27.70  4,866 
05/03/2024 27.20  29.10  27.00  29.10  3,467 
05/02/2024 27.20  28.50  27.00  28.40  3,338 
04/30/2024 27.30  27.40  27.00  27.20  1,089 
04/29/2024 29.80  30.90  27.30  27.30  1,988 
04/26/2024 27.10  31.00  27.10  29.80  16,376 
04/25/2024 29.00  29.50  27.50  29.00  1,574 
04/24/2024 27.30  29.00  25.60  29.00  13,617 
04/23/2024 29.60  29.60  27.30  27.30  808.00 
04/22/2024 28.00  29.00  26.50  29.00  1,128 
04/19/2024 29.20  29.30  28.00  28.40  2,561 
04/18/2024 28.50  31.00  28.50  28.50  6,626 
04/17/2024 28.70  30.90  27.20  28.50  2,519 
04/16/2024 29.00  30.90  28.10  30.90  11,508 
04/15/2024 27.20  28.40  27.00  28.40  3,810 
04/12/2024 28.30  28.40  27.80  28.40  1,869 
04/11/2024 29.40  29.40  28.00  28.00  603.00 
04/10/2024 29.10  29.40  27.30  29.40  610.00 
04/09/2024 29.10  29.80  29.00  29.10  1,773 
04/08/2024 29.10  30.20  29.10  30.00  1,986 
04/05/2024 29.80  31.60  29.80  31.00  3,195 
04/04/2024 29.20  32.80  29.20  30.10  531.00 
04/03/2024 29.80  32.90  26.90  29.70  6,898 
04/02/2024 30.80  30.80  29.00  29.40  5,859 
03/28/2024 30.30  31.20  30.20  30.80  5,204 
03/27/2024 32.20  32.20  30.90  31.30  1,214 
03/26/2024 32.60  32.60  30.80  32.30  7,114 
03/25/2024 30.20  32.70  29.40  32.60  2,978 
03/22/2024 31.00  31.90  30.20  30.20  4,029 
03/21/2024 32.00  32.50  31.00  31.00  626.00 
03/20/2024 31.40  32.00  31.00  32.00  2,718 
03/19/2024 30.00  31.40  30.00  31.40  7,811 
03/18/2024 31.10  32.00  29.00  30.20  3,555 
03/15/2024 32.00  32.10  31.20  31.20  2,656 
03/14/2024 32.20  32.20  31.50  32.00  4,903 
03/13/2024 31.70  32.50  31.60  32.00  4,928 
03/12/2024 31.40  33.40  30.80  32.40  7,500 
03/11/2024 31.20  31.50  31.10  31.40  6,238 
03/08/2024 30.10  31.20  29.10  30.20  10,148 
03/07/2024 31.50  32.10  30.70  30.70  261,810 
03/06/2024 32.60  32.60  29.00  31.50  14,316 
03/05/2024 33.30  34.20  31.50  32.80  2,782 
03/04/2024 32.50  33.30  32.50  32.80  840.00 
03/01/2024 32.00  32.80  31.90  32.80  2,163 
02/29/2024 34.00  37.60  31.10  31.90  15,975 
02/28/2024 33.20  34.00  29.60  31.90  12,067 

About Promimic Stock history

Promimic 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 Promimic is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Promimic 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 Promimic stock prices may prove useful in developing a viable investing in Promimic

Promimic Stock Technical Analysis

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

Predictive indicators are helping investors to find signals for Promimic's price direction in advance. Along with the technical and fundamental analysis of Promimic Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Promimic 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 Promimic 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 Share Portfolio module to track or share privately all of your investments from the convenience of any device.

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