wb_incandescent Backtest


Telefonaktiebolaget LM Ericsson (publ)

Official Company Name: Telefonaktiebolaget LM Ericsson

Stock Symbol: ERIC.A

Stock Market: Stockholm Stock Exchange - OMX

Currency: Swedish krona - SEK

business Telefonaktiebolaget LM Ericsson Company Profile

ERIC.A Stock Price - 1 Year Price Evolution & Moving Averages

1 Year Return



Daily closing prices, with moving averages and volumes - Swedish krona (SEK)
Moving averages:

  • EMA20
  • SMA50
  • SMA200

ERIC.A Stock Data

Open kr54.50
High kr54.50
Low kr53.50
Close kr53.60
Volume 16,097
Previous Close kr54.50
1-Day Change -0.90
1-Year Change -19.40
Average Daily Volume 19,578
52-Week High kr73.90
52-Week Low kr50.80


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Past performance is not a guarantee of future performance. Patterns tend to repeat themselves, but they don't necessarily have to.

Successful backtests on past data do not guarantee the future success of the strategy backtested, especially as backtest overfitting may occur: when the price of a stock may fit particularly well a given trading strategy over a given period, but not necessarily outside of that period. Besides, backtests do not account for exact market conditions and may yield significantly different results in real trading practice (fees, slippage...).

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