Elisa Oyj (Finland) Price on September 10, 2024

ELISA Stock  EUR 42.88  0.36  0.83%   
If you're considering investing in Elisa Stock, it is important to understand the factors that can impact its price. As of today, the current price of Elisa Oyj stands at 42.88, as last reported on the 29th of November, with the highest price reaching 43.28 and the lowest price hitting 42.80 during the day. Elisa Oyj secures Sharpe Ratio (or Efficiency) of -0.0297, which denotes the company had a -0.0297% return per unit of risk over the last 3 months. Elisa Oyj exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm Elisa Oyj's Variance of 1.3, standard deviation of 1.14, and Mean Deviation of 0.8114 to check the risk estimate we provide.
  
Elisa Stock price history is provided at the adjusted basis, taking into account all of the recent filings.

Sharpe Ratio = -0.0297

Best PortfolioBest Equity
Good Returns
Average Returns
Small Returns
CashSmall RiskAverage RiskHigh RiskHuge Risk
Negative ReturnsELISA

Estimated Market Risk

 1.15
  actual daily
10
90% of assets are more volatile

Expected Return

 -0.03
  actual daily
0
Most of other assets have higher returns

Risk-Adjusted Return

 -0.03
  actual daily
0
Most of other assets perform better
Based on monthly moving average Elisa 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 Elisa Oyj by adding Elisa Oyj to a well-diversified portfolio.

Elisa Oyj Valuation on September 10, 2024

It is possible to determine the worth of Elisa Oyj on a given historical date. On September 10, 2024 Elisa was worth 45.33 at the beginning of the trading date compared to the closed value of 45.02. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Elisa Oyj stock. Still, in general, we apply an absolute valuation method to find Elisa 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 Elisa Oyj where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Elisa Oyj's related companies.
 Open High Low Close Volume
  45.57    45.70    45.25    45.33    167,858  
09/10/2024
  45.33    45.49    45.02    45.02    166,821  
  44.98    45.16    44.36    45.14    225,940  
Backtest Elisa Oyj  |  Elisa Oyj History  |  Elisa Oyj Valuation   PreviousNext  
Open Value
45.33
45.02
Closing Value
48.77
Upside

Elisa Oyj Trading Date Momentum on September 10, 2024

On September 11 2024 Elisa Oyj was traded for  45.14  at the closing time. The highest price during the trading period was 45.16  and the lowest recorded bid was listed for  44.36 . The volume for the day was 225.9 K. This history from September 11, 2024 contributed to the next trading day price growth. The overall trading delta to the next closing price was 0.27% . The overall trading delta to the current price is 2.33% .

Elisa Oyj Fundamentals Correlations and Trends

By evaluating Elisa 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 Elisa Oyj's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Elisa financial account trend analysis is a perfect complement when working with valuation or volatility modules.

About Elisa Oyj Stock history

Elisa 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 Elisa is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Elisa 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 Elisa Oyj stock prices may prove useful in developing a viable investing in Elisa Oyj
Elisa Oyj provides data communications and digital services. Elisa Oyj was founded in 1882 and is headquartered in Helsinki, Finland. Elisa operates under Telecom Services classification in Finland and is traded on Helsinki Exchange. It employs 5478 people.

Elisa Oyj Stock Technical Analysis

Elisa 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.
A focus of Elisa Oyj technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of Elisa Oyj trading pattern rather than external drivers such as economic, fundamental, or social events. It is believed that price action tends to repeat itself due to investors' collective, patterned behavior. Hence technical analysis focuses on identifiable price trends and conditions. More Info...

Price Boundaries

Elisa Oyj Period Price Range

Low
November 29, 2024
0.00  NaN%
High

 0.00 

     

 0.00 

Elisa 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.

Elisa Oyj November 29, 2024 Market Strength

Market strength indicators help investors to evaluate how Elisa 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 Elisa Oyj shares will generate the highest return on investment. By undertsting and applying Elisa Oyj stock market strength indicators, traders can identify Elisa Oyj entry and exit signals to maximize returns

Elisa Oyj Technical and Predictive Indicators

Predictive indicators are helping investors to find signals for Elisa Oyj's price direction in advance. Along with the technical and fundamental analysis of Elisa Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Elisa 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.

Complementary Tools for Elisa Stock analysis

When running Elisa Oyj's price analysis, check to measure Elisa 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 Elisa Oyj is operating at the current time. Most of Elisa Oyj's value examination focuses on studying past and present price action to predict the probability of Elisa 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 Elisa Oyj's price. Additionally, you may evaluate how the addition of Elisa Oyj to your portfolios can decrease your overall portfolio volatility.
Portfolio Comparator
Compare the composition, asset allocations and performance of any two portfolios in your account
Price Transformation
Use Price Transformation models to analyze the depth of different equity instruments across global markets
Piotroski F Score
Get Piotroski F Score based on the binary analysis strategy of nine different fundamentals
Efficient Frontier
Plot and analyze your portfolio and positions against risk-return landscape of the market.
Stock Screener
Find equities using a custom stock filter or screen asymmetry in trading patterns, price, volume, or investment outlook.
Portfolio Optimization
Compute new portfolio that will generate highest expected return given your specified tolerance for risk
AI Portfolio Architect
Use AI to generate optimal portfolios and find profitable investment opportunities
Instant Ratings
Determine any equity ratings based on digital recommendations. Macroaxis instant equity ratings are based on combination of fundamental analysis and risk-adjusted market performance
Global Markets Map
Get a quick overview of global market snapshot using zoomable world map. Drill down to check world indexes