Aspo Oyj Financials
| ASPO Stock | EUR 5.10 0.04 0.78% |
Aspo |
Understanding current and past Aspo Oyj Financials, including the trends in assets, liabilities, equity and income are directly related to making proper and timely investing decisions. All of Aspo Oyj's financial statements are interrelated, with each one affecting the others. For example, an increase in Aspo Oyj's assets may result in an increase in income on the income statement.
Please note, the presentation of Aspo Oyj's financial position, as portrayed in its financial statements, is often influenced by management's estimates, judgments, and sometimes even manipulations. In the best case, Aspo Oyj's management is honest, while the outside auditors are strict and uncompromising. Please utilize our Beneish M Score to check the likelihood of Aspo Oyj's management manipulating its earnings.
Aspo Oyj Stock Summary
Aspo Oyj competes with Tokmanni Group, Kemira Oyj, TietoEVRY Corp, and CapMan Oyj. Aspo Oyj owns and develops corporate brands in Finland, Scandinavia, the Baltic countries, Russia, Ukraine, other CIS countries, and internationally. Aspo Oyj was founded in 1929 and is headquartered in Helsinki, Finland. Aspo Plc operates under Conglomerates classification in Finland and is traded on Helsinki Exchange. It employs 968 people.| Instrument | Finland Stock View All |
| Exchange | Helsinki Exchange |
| ISIN | FI0009008072 |
| Business Address | Mikonkatu 13 A, |
| Sector | Industrial Conglomerates |
| Industry | Industrials |
| Benchmark | Dow Jones Industrial |
| Website | www.aspo.com |
| Phone | 358 9 5211 |
| Currency | EUR - Euro |
You should never invest in Aspo Oyj without having analyzed its financial statements. Do not rely on someone else's analysis or guesses about the future performance of Aspo Stock, because this is throwing your money away. Analyzing the key information contained in Aspo Oyj's financial statements can give you an edge over other investors and help to ensure that your investments perform well for you.
Aspo Oyj Key Financial Ratios
There are many critical financial ratios that Aspo Oyj's investors are exposed to on a daily basis, but they are usually grouped into few meaningful categories from each financial statement that Aspo Oyj reports annually and quarterly.Aspo Financial Ratios Relationships
Comparative valuation techniques use various fundamental indicators to help in determining Aspo Oyj's current stock value. Our valuation model uses many indicators to compare Aspo Oyj value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Aspo Oyj competition to find correlations between indicators driving Aspo Oyj's intrinsic value. More Info.Aspo Oyj is number one stock in return on equity category among its peers. It also is number one stock in return on asset category among its peers reporting about 0.31 of Return On Asset per Return On Equity. The ratio of Return On Equity to Return On Asset for Aspo Oyj is roughly 3.23 . The reason why the comparable model can be used in almost all circumstances is due to the vast number of multiples that can be utilized, such as the price-to-earnings (P/E), price-to-book (P/B), price-to-sales (P/S), price-to-cash flow (P/CF), and many others. The P/E ratio is the most commonly used of these ratios because it focuses on the Aspo Oyj's earnings, one of the primary drivers of an investment's value.Aspo Oyj Systematic Risk
Aspo Oyj's systematic risk plays a vital role in portfolio allocation when considering its stock to be added to a well-diversified portfolio. Aspo Oyj volatility which cannot be eliminated through diversification, requires returns over the risk-free rate. Over the long run, a well-diversified portfolio provides returns that match its exposure to systematic risk. In this case, investors face a trade-off between expected returns and systematic risk and, therefore, can only reduce a portfolio's exposure to systematic risk by sacrificing expected returns on the portfolio.
The output start index for this execution was twelve with a total number of output elements of fourty-nine. The Beta measures systematic risk based on how returns on Aspo Oyj correlated with the market. If Beta is less than 0 Aspo Oyj generally moves in the opposite direction as compared to the market. If Aspo Oyj Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one Aspo Oyj is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of Aspo Oyj is generally in the same direction as the market. If Beta > 1 Aspo Oyj moves generally in the same direction as, but more than the movement of the benchmark.
Aspo Oyj November 25, 2024 Opportunity Range
Along with financial statement analysis, the daily predictive indicators of Aspo Oyj help investors to analyze its daily demand and supply, volume, patterns, and price swings to determine the real value of Aspo Oyj. We use our internally-developed statistical techniques to arrive at the intrinsic value of Aspo Oyj based on widely used predictive technical indicators. In general, we focus on analyzing Aspo Stock price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build Aspo Oyj's daily price indicators and compare them against related drivers.
| Information Ratio | (0.36) | |||
| Maximum Drawdown | 4.38 | |||
| Value At Risk | (1.99) | |||
| Potential Upside | 1.32 |
Complementary Tools for Aspo Stock analysis
When running Aspo Oyj's price analysis, check to measure Aspo Oyj'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 Aspo Oyj is operating at the current time. Most of Aspo Oyj's value examination focuses on studying past and present price action to predict the probability of Aspo Oyj's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Aspo Oyj's price. Additionally, you may evaluate how the addition of Aspo Oyj to your portfolios can decrease your overall portfolio volatility.
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