Telefonaktiebolaget Lm Ericsson Stock Price on July 12, 2024

ERIC Stock  USD 8.19  0.06  0.74%   
If you're considering investing in Telefonaktiebolaget Stock, it is important to understand the factors that can impact its price. As of today, the current price of Telefonaktiebolaget stands at 8.19, as last reported on the 27th of September, with the highest price reaching 8.21 and the lowest price hitting 8.14 during the day. Telefonaktiebolaget owns Efficiency Ratio (i.e., Sharpe Ratio) of -0.0263, which indicates the firm had a -0.0263 % return per unit of risk over the last 3 months. Telefonaktiebolaget LM Ericsson exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please validate Telefonaktiebolaget's Variance of 2.49, coefficient of variation of (11,992), and Risk Adjusted Performance of 8.0E-4 to confirm the risk estimate we provide.
At present, Telefonaktiebolaget's Capital Stock is projected to increase significantly based on the last few years of reporting. The current year's Sale Purchase Of Stock is expected to grow to about 9.5 B, whereas Total Stockholder Equity is forecasted to decline to about 86.1 B. . At present, Telefonaktiebolaget's Price To Free Cash Flows Ratio is projected to increase significantly based on the last few years of reporting. Telefonaktiebolaget Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
Price Book
2.96
Enterprise Value Ebitda
9.0092
Price Sales
0.1088
Shares Float
2.9 B
Dividend Share
2.85

Telefonaktiebolaget Valuation on July 12, 2024

It is possible to determine the worth of Telefonaktiebolaget on a given historical date. On July 12, 2024 Telefonaktiebolaget was worth 6.36 at the beginning of the trading date compared to the closed value of 6.46. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Telefonaktiebolaget stock. Still, in general, we apply an absolute valuation method to find Telefonaktiebolaget'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 Telefonaktiebolaget where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Telefonaktiebolaget's related companies.
 Open High Low Close Volume
  6.17    6.24    6.14    6.18    22,713,891  
07/12/2024
  6.36    6.51    6.33    6.46    36,540,859  
  6.33    6.36    6.21    6.27    27,261,689  
Backtest Telefonaktiebolaget  |  Telefonaktiebolaget History  |  Telefonaktiebolaget Valuation   PreviousNext  
Open Value
6.36
6.46
Closing Value
11.18
Upside

Telefonaktiebolaget Trading Date Momentum on July 12, 2024

On July 15 2024 Telefonaktiebolaget LM Ericsson was traded for  6.27  at the closing time. The top price for the day was 6.36  and the lowest listed price was  6.21 . The trading volume for the day was 27.3 M. The trading history from July 15, 2024 was a factor to the next trading day price decrease. The overall trading delta against the next closing price was 2.94% . The trading price change against the current closing price is 1.24% .

Telefonaktiebolaget Fundamentals Correlations and Trends

By evaluating Telefonaktiebolaget'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 Telefonaktiebolaget's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Telefonaktiebolaget financial account trend analysis is a perfect complement when working with valuation or volatility modules.

About Telefonaktiebolaget Stock history

Telefonaktiebolaget 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 Telefonaktiebolaget is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Telefonaktiebolaget 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 Telefonaktiebolaget stock prices may prove useful in developing a viable investing in Telefonaktiebolaget
Last ReportedProjected for Next Year
Common Stock Shares Outstanding3.3 B2.8 B
Net Income Applicable To Common Shares21.5 B22.6 B

Telefonaktiebolaget Quarterly Net Working Capital

10.73 Billion

Telefonaktiebolaget Stock Technical Analysis

Telefonaktiebolaget 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 Telefonaktiebolaget technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of Telefonaktiebolaget 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...

Price Boundaries

Telefonaktiebolaget Period Price Range

Low
September 27, 2025
0.00  NaN%
High

 0.00 

     

 0.00 

Telefonaktiebolaget LM Ericsson cannot be verified against its exchange. Please verify the symbol is currently traded on NASDAQ Exchange. If you still believe the symbol you are trying to look up is valid, please let us know, and we will check it as soon as possible.

Telefonaktiebolaget September 27, 2025 Market Strength

Market strength indicators help investors to evaluate how Telefonaktiebolaget stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Telefonaktiebolaget shares will generate the highest return on investment. By undertsting and applying Telefonaktiebolaget stock market strength indicators, traders can identify Telefonaktiebolaget LM Ericsson entry and exit signals to maximize returns

Telefonaktiebolaget Technical and Predictive Indicators

Predictive indicators are helping investors to find signals for Telefonaktiebolaget's price direction in advance. Along with the technical and fundamental analysis of Telefonaktiebolaget Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Telefonaktiebolaget 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.

Complementary Tools for Telefonaktiebolaget Stock analysis

When running Telefonaktiebolaget's price analysis, check to measure Telefonaktiebolaget'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 Telefonaktiebolaget is operating at the current time. Most of Telefonaktiebolaget's value examination focuses on studying past and present price action to predict the probability of Telefonaktiebolaget's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Telefonaktiebolaget's price. Additionally, you may evaluate how the addition of Telefonaktiebolaget to your portfolios can decrease your overall portfolio volatility.
Commodity Directory
Find actively traded commodities issued by global exchanges
Technical Analysis
Check basic technical indicators and analysis based on most latest market data
Balance Of Power
Check stock momentum by analyzing Balance Of Power indicator and other technical ratios
Equity Valuation
Check real value of public entities based on technical and fundamental data
Sectors
List of equity sectors categorizing publicly traded companies based on their primary business activities