Digia Oyj (Finland) Price on December 2, 2024
| DIGIA Stock | EUR 6.70 0.04 0.60% |
If you're considering investing in Digia Stock, it is important to understand the factors that can impact its price. As of today, the current price of Digia Oyj stands at 6.70, as last reported on the 4th of December, with the highest price reaching 6.70 and the lowest price hitting 6.58 during the day. Digia Oyj appears to be somewhat reliable, given 3 months investment horizon. Digia Oyj secures Sharpe Ratio (or Efficiency) of 0.13, which denotes the company had a 0.13% return per unit of risk over the last 3 months. We have found thirty technical indicators for Digia Oyj, which you can use to evaluate the volatility of the firm. Please utilize Digia Oyj's Downside Deviation of 2.07, coefficient of variation of 809.18, and Mean Deviation of 1.47 to check if our risk estimates are consistent with your expectations.
Digia Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
Digia |
Sharpe Ratio = 0.1261
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Estimated Market Risk
| 2.1 actual daily | 18 82% of assets are more volatile |
Expected Return
| 0.27 actual daily | 5 95% of assets have higher returns |
Risk-Adjusted Return
| 0.13 actual daily | 9 91% of assets perform better |
Based on monthly moving average Digia Oyj is performing at about 9% 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 Digia Oyj by adding it to a well-diversified portfolio.
Digia Oyj Valuation on December 2, 2024
It is possible to determine the worth of Digia Oyj on a given historical date. On December 2, 2024 Digia was worth 6.44 at the beginning of the trading date compared to the closed value of 6.66. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Digia Oyj stock. Still, in general, we apply an absolute valuation method to find Digia 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 Digia Oyj where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Digia Oyj's related companies.
| Open | High | Low | Close | Volume | |
| 6.66 | 6.66 | 6.36 | 6.38 | 3,501 | |
12/02/2024 | 6.44 | 6.66 | 6.40 | 6.66 | 4,982 |
| 6.66 | 6.70 | 6.58 | 6.70 | 6,719 |
| Backtest Digia Oyj | | | Digia Oyj History | | | Digia Oyj Valuation | Previous | Next |
Digia Oyj Trading Date Momentum on December 2, 2024
| On December 03 2024 Digia Oyj was traded for 6.70 at the closing time. The highest price during the trading period was 6.70 and the lowest recorded bid was listed for 6.58 . The volume for the day was 6.7 K. This history from December 3, 2024 contributed to the next trading day price growth. The overall trading delta to the next closing price was 0.60% . The overall trading delta to the current price is 0.00% . |
Digia Oyj Fundamentals Correlations and Trends
By evaluating Digia 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 Digia Oyj's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Digia financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Digia Oyj Stock history
Digia 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 Digia is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Digia 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 Digia Oyj stock prices may prove useful in developing a viable investing in Digia Oyj
Digia Oyj provides software and services for organizations to develop services, manage business, and utilize data in Finland and Sweden. The company serves grocery, energy, public sector, social and healthcare services, logistics, service business, banking and investment services, telecom, wholesale trade, insurance, manufacturing, and retail trade industries, as well as trade unions and unemployment funds. Digia Plc operates under Software - Application classification in Finland and is traded on Helsinki Exchange. It employs 1091 people.
Digia Oyj Stock Technical Analysis
Digia 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
Digia Oyj Period Price Range
Low | December 4, 2024
| High |
0.00 | 0.00 |
Digia 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.
Digia Oyj December 4, 2024 Market Strength
Market strength indicators help investors to evaluate how Digia 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 Digia Oyj shares will generate the highest return on investment. By undertsting and applying Digia Oyj stock market strength indicators, traders can identify Digia Oyj entry and exit signals to maximize returns
Digia Oyj Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Digia Oyj's price direction in advance. Along with the technical and fundamental analysis of Digia Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Digia 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 | 0.1007 | |||
| Jensen Alpha | 0.2922 | |||
| Total Risk Alpha | (0.04) | |||
| Sortino Ratio | 0.0716 | |||
| Treynor Ratio | (0.64) |
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| Volume Indicators |
Complementary Tools for Digia Stock analysis
When running Digia Oyj's price analysis, check to measure Digia 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 Digia Oyj is operating at the current time. Most of Digia Oyj's value examination focuses on studying past and present price action to predict the probability of Digia 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 Digia Oyj's price. Additionally, you may evaluate how the addition of Digia Oyj to your portfolios can decrease your overall portfolio volatility.
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