Altia Oyj (Germany) Price on September 14, 2023
28Q Stock | EUR 2.77 0.01 0.36% |
If you're considering investing in Altia Stock, it is important to understand the factors that can impact its price. As of today, the current price of Altia Oyj stands at 2.77, as last reported on the 12th of December 2024, with the highest price reaching 2.77 and the lowest price hitting 2.76 during the day. Altia Oyj secures Sharpe Ratio (or Efficiency) of -0.3, which signifies that the company had a -0.3% return per unit of risk over the last 3 months. Altia Oyj exposes twenty-two different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm Altia Oyj's Mean Deviation of 1.44, standard deviation of 2.21, and Risk Adjusted Performance of (0.17) to double-check the risk estimate we provide.
Altia Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
Altia |
Sharpe Ratio = -0.304
Best Portfolio | Best Equity | |||
Good Returns | ||||
Average Returns | ||||
Small Returns | ||||
Cash | Small Risk | Average Risk | High Risk | Huge Risk |
Negative Returns | 28Q |
Estimated Market Risk
2.06 actual daily | 18 82% of assets are more volatile |
Expected Return
-0.63 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
-0.3 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Altia Oyj is not performing at its full potential. However, 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 Altia Oyj by adding Altia Oyj to a well-diversified portfolio.
Altia Oyj Valuation on September 14, 2023
It is possible to determine the worth of Altia Oyj on a given historical date. On September 14, 2023 Altia was worth 4.12 at the beginning of the trading date compared to the closed value of 4.12. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Altia Oyj stock. Still, in general, we apply an absolute valuation method to find Altia Oyj'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 Altia Oyj where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Altia Oyj's related companies.
Open | High | Low | Close | Volume | |
4.16 | 4.16 | 4.16 | 4.16 | 1.00 | |
09/14/2023 | 4.12 | 4.12 | 4.12 | 4.12 | 1.00 |
4.12 | 4.12 | 4.12 | 4.12 | 1.00 |
Backtest Altia Oyj | | | Altia Oyj History | | | Altia Oyj Valuation | Previous | Next |
Altia Oyj Trading Date Momentum on September 14, 2023
On September 15 2023 Altia Oyj was traded for 4.12 at the closing time. The highest daily price throughout the period was 4.12 and the lowest price was 4.12 . There was no trading activity during the period 1.0. Lack of trading volume on 09/15/2023 did not affect price variability. The overall trading delta to current closing price is 0.00% . |
Altia Oyj Fundamentals Correlations and Trends
By evaluating Altia Oyj'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 Altia Oyj's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Altia financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Altia Oyj Stock history
Altia Oyj 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 Altia is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Altia Oyj 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 Altia Oyj stock prices may prove useful in developing a viable investing in Altia Oyj
Altia Oyj produces, imports, markets, distributes, and sells alcoholic beverages in the Nordic and Baltic countries. Altia Oyj was founded in 1888 and is headquartered in Helsinki, Finland. ALTIA OYJ is traded on Frankfurt Stock Exchange in Germany.
Altia Oyj Stock Technical Analysis
Altia Oyj 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.
Price Boundaries
Altia Oyj Period Price Range
Low | December 12, 2024
| High |
0.00 | 0.00 |
Altia Oyj cannot be verified against its exchange. Please verify the symbol is currently traded on Frankfurt 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.
Altia Oyj December 12, 2024 Market Strength
Market strength indicators help investors to evaluate how Altia Oyj stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Altia Oyj shares will generate the highest return on investment. By undertsting and applying Altia Oyj stock market strength indicators, traders can identify Altia Oyj entry and exit signals to maximize returns
Altia Oyj Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Altia Oyj's price direction in advance. Along with the technical and fundamental analysis of Altia Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Altia 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.
Risk Adjusted Performance | (0.17) | |||
Jensen Alpha | (0.52) | |||
Total Risk Alpha | (0.91) | |||
Treynor Ratio | 1.58 |
Cycle Indicators | ||
Math Operators | ||
Math Transform | ||
Momentum Indicators | ||
Overlap Studies | ||
Pattern Recognition | ||
Price Transform | ||
Statistic Functions | ||
Volatility Indicators | ||
Volume Indicators |
Complementary Tools for Altia Stock analysis
When running Altia Oyj's price analysis, check to measure Altia 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 Altia Oyj is operating at the current time. Most of Altia Oyj's value examination focuses on studying past and present price action to predict the probability of Altia 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 Altia Oyj's price. Additionally, you may evaluate how the addition of Altia Oyj to your portfolios can decrease your overall portfolio volatility.
Investing Opportunities Build portfolios using our predefined set of ideas and optimize them against your investing preferences | |
Portfolio Rebalancing Analyze risk-adjusted returns against different time horizons to find asset-allocation targets | |
Odds Of Bankruptcy Get analysis of equity chance of financial distress in the next 2 years | |
Price Ceiling Movement Calculate and plot Price Ceiling Movement for different equity instruments | |
Cryptocurrency Center Build and monitor diversified portfolio of extremely risky digital assets and cryptocurrency | |
Sign In To Macroaxis Sign in to explore Macroaxis' wealth optimization platform and fintech modules | |
Portfolio Anywhere Track or share privately all of your investments from the convenience of any device | |
Options Analysis Analyze and evaluate options and option chains as a potential hedge for your portfolios | |
Portfolio Comparator Compare the composition, asset allocations and performance of any two portfolios in your account |