Bittium Oyj Financials
| BITTI Stock | EUR 6.70 0.16 2.33% |
Bittium |
Understanding current and past Bittium Oyj Financials, including the trends in assets, liabilities, equity and income are directly related to making proper and timely investing decisions. All of Bittium Oyj's financial statements are interrelated, with each one affecting the others. For example, an increase in Bittium Oyj's assets may result in an increase in income on the income statement.
Bittium Oyj Stock Summary
Bittium Oyj competes with Revenio, Outokumpu Oyj, Qt Group, CapMan Oyj, and Wartsila Oyj. Bittium Oyj develops communications and connectivity solutions worldwide. Bittium Oyj was founded in 1985 and is headquartered in Oulu, Finland. Bittium operates under Diversified Telecommunications classification in Finland and is traded on Helsinki Exchange. It employs 680 people.| Instrument | Finland Stock View All |
| Exchange | Helsinki Exchange |
| ISIN | FI0009007264 |
| Business Address | Ritaharjuntie 1, Oulu, |
| Sector | Software |
| Industry | Information Technology |
| Benchmark | Dow Jones Industrial |
| Website | www.bittium.com |
| Phone | 358 4034 42000 |
| Currency | EUR - Euro |
You should never invest in Bittium Oyj without having analyzed its financial statements. Do not rely on someone else's analysis or guesses about the future performance of Bittium Stock, because this is throwing your money away. Analyzing the key information contained in Bittium Oyj's financial statements can give you an edge over other investors and help to ensure that your investments perform well for you.
Bittium Oyj Key Financial Ratios
Bittium Oyj's financial ratios allow both analysts and investors to convert raw data from Bittium Oyj's financial statements into concise, actionable information that can be used to evaluate the performance of Bittium Oyj over time and compare it to other companies across industries.| Return On Equity | 0.0026 | |||
| Return On Asset | 0.0019 | |||
| Target Price | 4.6 | |||
| Number Of Employees | 625 | |||
| Beta | 0.7 |
Bittium Financial Ratios Relationships
Comparative valuation techniques use various fundamental indicators to help in determining Bittium Oyj's current stock value. Our valuation model uses many indicators to compare Bittium Oyj value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Bittium Oyj competition to find correlations between indicators driving Bittium Oyj's intrinsic value. More Info.Bittium 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 0.73 of Return On Asset per Return On Equity. The ratio of Return On Equity to Return On Asset for Bittium Oyj is roughly 1.37 . Comparative valuation analysis is a catch-all model that can be used if you cannot value Bittium Oyj by discounting back its dividends or cash flows. This model doesn't attempt to find an intrinsic value for Bittium Oyj's Stock. Still, instead, it compares the stock's price multiples to a benchmark or nearest competition to determine if the stock is relatively undervalued or overvalued.Bittium Oyj Systematic Risk
Bittium Oyj's systematic risk plays a vital role in portfolio allocation when considering its stock to be added to a well-diversified portfolio. Bittium 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 twenty-four with a total number of output elements of thirty-seven. The Beta measures systematic risk based on how returns on Bittium Oyj correlated with the market. If Beta is less than 0 Bittium Oyj generally moves in the opposite direction as compared to the market. If Bittium Oyj Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one Bittium Oyj is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of Bittium Oyj is generally in the same direction as the market. If Beta > 1 Bittium Oyj moves generally in the same direction as, but more than the movement of the benchmark.
Bittium Oyj November 29, 2024 Opportunity Range
Along with financial statement analysis, the daily predictive indicators of Bittium Oyj help investors to analyze its daily demand and supply, volume, patterns, and price swings to determine the real value of Bittium Oyj. We use our internally-developed statistical techniques to arrive at the intrinsic value of Bittium Oyj based on widely used predictive technical indicators. In general, we focus on analyzing Bittium Stock price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build Bittium Oyj's daily price indicators and compare them against related drivers.
| Information Ratio | (0.07) | |||
| Maximum Drawdown | 12.67 | |||
| Value At Risk | (2.95) | |||
| Potential Upside | 3.4 |
Complementary Tools for Bittium Stock analysis
When running Bittium Oyj's price analysis, check to measure Bittium 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 Bittium Oyj is operating at the current time. Most of Bittium Oyj's value examination focuses on studying past and present price action to predict the probability of Bittium 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 Bittium Oyj's price. Additionally, you may evaluate how the addition of Bittium Oyj to your portfolios can decrease your overall portfolio volatility.
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