Alma Media (Finland) Price on February 20, 2024
| ALMA Stock | EUR 11.60 0.10 0.85% |
If you're considering investing in Alma Stock, it is important to understand the factors that can impact its price. As of today, the current price of Alma Media stands at 11.60, as last reported on the 29th of November, with the highest price reaching 11.70 and the lowest price hitting 11.40 during the day. Alma Media appears to be not too volatile, given 3 months investment horizon. Alma Media Oyj secures Sharpe Ratio (or Efficiency) of 0.11, which signifies that the company had a 0.11% return per unit of risk over the last 3 months. We have found twenty-eight technical indicators for Alma Media Oyj, which you can use to evaluate the volatility of the firm. Please makes use of Alma Media's Mean Deviation of 1.35, downside deviation of 1.7, and Risk Adjusted Performance of 0.1043 to double-check if our risk estimates are consistent with your expectations.
Alma Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
Alma |
Sharpe Ratio = 0.1097
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Estimated Market Risk
| 1.81 actual daily | 16 84% of assets are more volatile |
Expected Return
| 0.2 actual daily | 3 97% of assets have higher returns |
Risk-Adjusted Return
| 0.11 actual daily | 8 92% of assets perform better |
Based on monthly moving average Alma Media is performing at about 8% of its full potential. 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 Alma Media by adding it to a well-diversified portfolio.
Alma Media Valuation on February 20, 2024
It is possible to determine the worth of Alma Media on a given historical date. On February 20, 2024 Alma was worth 9.53 at the beginning of the trading date compared to the closed value of 9.55. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Alma Media stock. Still, in general, we apply an absolute valuation method to find Alma Media'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 Alma Media where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Alma Media's related companies.
| Open | High | Low | Close | Volume | |
| 9.47 | 9.55 | 9.17 | 9.53 | 8,453 | |
02/20/2024 | 9.53 | 9.65 | 9.51 | 9.55 | 27,553 |
| 9.55 | 9.60 | 9.51 | 9.60 | 4,854 |
| Backtest Alma Media | | | Alma Media History | | | Alma Media Valuation | Previous | Next |
Alma Media Trading Date Momentum on February 20, 2024
| On February 21 2024 Alma Media Oyj was traded for 9.60 at the closing time. The highest price during the trading period was 9.60 and the lowest recorded bid was listed for 9.51 . The volume for the day was 4.9 K. This history from February 21, 2024 contributed to the next trading day price growth. The overall trading delta to the next closing price was 0.52% . The overall trading delta to the current price is 3.04% . |
Alma Media Oyj Fundamentals Correlations and Trends
By evaluating Alma Media'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 Alma Media's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Alma financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Alma Media Stock history
Alma Media 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 Alma is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Alma Media 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 Alma Media stock prices may prove useful in developing a viable investing in Alma Media
Alma Media Oyj, a media company, provides digital and publishing services in Finland and internationally. The company was founded in 2005 and is headquartered in Helsinki, Finland. Alma Media operates under Publishing classification in Finland and is traded on Helsinki Exchange. It employs 3040 people.
Alma Media Stock Technical Analysis
Alma Media 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
Alma Media Period Price Range
Low | November 29, 2024
| High |
0.00 | 0.00 |
Alma Media Oyj cannot be verified against its exchange. Please verify the symbol is currently traded on Helsinki 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.
Alma Media November 29, 2024 Market Strength
Market strength indicators help investors to evaluate how Alma Media stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Alma Media shares will generate the highest return on investment. By undertsting and applying Alma Media stock market strength indicators, traders can identify Alma Media Oyj entry and exit signals to maximize returns
Alma Media Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Alma Media's price direction in advance. Along with the technical and fundamental analysis of Alma Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Alma 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 | 0.1043 | |||
| Jensen Alpha | 0.1697 | |||
| Total Risk Alpha | (0.05) | |||
| Sortino Ratio | 0.0623 | |||
| Treynor Ratio | 0.4942 |
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| Math Transform | ||
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| Volume Indicators |
Complementary Tools for Alma Stock analysis
When running Alma Media's price analysis, check to measure Alma Media'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 Alma Media is operating at the current time. Most of Alma Media's value examination focuses on studying past and present price action to predict the probability of Alma Media's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Alma Media's price. Additionally, you may evaluate how the addition of Alma Media to your portfolios can decrease your overall portfolio volatility.
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