Elecster Oyj (Finland) Price on October 20, 2023
ELEAV Stock | EUR 3.32 0.08 2.35% |
If you're considering investing in Elecster Stock, it is important to understand the factors that can impact its price. As of today, the current price of Elecster Oyj stands at 3.32, as last reported on the 1st of December, with the highest price reaching 3.48 and the lowest price hitting 3.32 during the day. Elecster Oyj A secures Sharpe Ratio (or Efficiency) of -0.0845, which denotes the company had a -0.0845% return per unit of risk over the last 3 months. Elecster Oyj A exposes twenty-four different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm Elecster Oyj's Standard Deviation of 3.62, mean deviation of 2.77, and Variance of 13.1 to check the risk estimate we provide.
Elecster Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
Elecster |
Sharpe Ratio = -0.0845
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Estimated Market Risk
3.62 actual daily | 32 68% of assets are more volatile |
Expected Return
-0.31 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
-0.08 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Elecster 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 Elecster Oyj by adding Elecster Oyj to a well-diversified portfolio.
Elecster Oyj Valuation on October 20, 2023
It is possible to determine the worth of Elecster Oyj on a given historical date. On October 20, 2023 Elecster was worth 4.57 at the beginning of the trading date compared to the closed value of 4.53. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Elecster Oyj stock. Still, in general, we apply an absolute valuation method to find Elecster 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 Elecster Oyj where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Elecster Oyj's related companies.
Open | High | Low | Close | Volume | |
4.75 | 4.75 | 4.55 | 4.65 | 1,238 | |
10/20/2023 | 4.57 | 4.61 | 4.26 | 4.53 | 600.00 |
4.53 | 4.53 | 4.28 | 4.36 | 674.00 |
Backtest Elecster Oyj | | | Elecster Oyj History | | | Elecster Oyj Valuation | Previous | Next |
Elecster Oyj Trading Date Momentum on October 20, 2023
On October 23 2023 Elecster Oyj A was traded for 4.36 at the closing time. The highest price during the trading period was 4.53 and the lowest recorded bid was listed for 4.28 . The volume for the day was 674. This history from October 23, 2023 contributed to the next trading day price decline. The overall trading delta to the next closing price was 3.75% . The overall trading delta to the current price is 3.75% . |
Elecster Oyj A Fundamentals Correlations and Trends
By evaluating Elecster 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 Elecster Oyj's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Elecster financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Elecster Oyj Stock history
Elecster 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 Elecster is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Elecster Oyj A 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 Elecster Oyj stock prices may prove useful in developing a viable investing in Elecster Oyj
Elecster Oyj operates as a system supplier for UHT lines, aseptic pouch filling machines, and ecological pouch packaging materials in Finland and internationally. Its products include aseptic pouch machines, autopackers, packaging materials, testers, sterilizers, ESL and pasteurized pouch machines, and ESW-CIP units. Elecster Oyj operates under Engines And Heavy Machinery classification in Finland and is traded on Helsinki Exchange. It employs 284 people.
Elecster Oyj Stock Technical Analysis
Elecster 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
Elecster Oyj Period Price Range
Low | December 1, 2024
| High |
0.00 | 0.00 |
Elecster Oyj A 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.
Elecster Oyj December 1, 2024 Market Strength
Market strength indicators help investors to evaluate how Elecster 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 Elecster Oyj shares will generate the highest return on investment. By undertsting and applying Elecster Oyj stock market strength indicators, traders can identify Elecster Oyj A entry and exit signals to maximize returns
Elecster Oyj Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Elecster Oyj's price direction in advance. Along with the technical and fundamental analysis of Elecster Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Elecster 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 | (0.06) | |||
Jensen Alpha | (0.20) | |||
Total Risk Alpha | (0.94) | |||
Treynor Ratio | 0.3185 |
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Complementary Tools for Elecster Stock analysis
When running Elecster Oyj's price analysis, check to measure Elecster 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 Elecster Oyj is operating at the current time. Most of Elecster Oyj's value examination focuses on studying past and present price action to predict the probability of Elecster 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 Elecster Oyj's price. Additionally, you may evaluate how the addition of Elecster Oyj to your portfolios can decrease your overall portfolio volatility.
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