Elisa Oyj (Finland) Price on November 4, 2024
| ELISA Stock | EUR 43.72 0.10 0.23% |
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 43.72, as last reported on the 26th of November, with the highest price reaching 43.78 and the lowest price hitting 43.30 during the day. Elisa Oyj is very steady at the moment. Elisa Oyj secures Sharpe Ratio (or Efficiency) of 0.0094, which denotes the company had a 0.0094% return per unit of risk over the last 3 months. We have found twenty-nine technical indicators for Elisa Oyj, which you can use to evaluate the volatility of the firm. Please confirm Elisa Oyj's Mean Deviation of 0.795, coefficient of variation of 59096.23, and Downside Deviation of 1.5 to check if the risk estimate we provide is consistent with the expected return of 0.0107%.
Elisa Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
Elisa |
Sharpe Ratio = 0.0094
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| Negative Returns | ELISA |
Estimated Market Risk
| 1.14 actual daily | 10 90% of assets are more volatile |
Expected Return
| 0.01 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| 0.01 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 November 4, 2024
It is possible to determine the worth of Elisa Oyj on a given historical date. On November 4, 2024 Elisa was worth 44.0 at the beginning of the trading date compared to the closed value of 43.72. 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 | |
| 43.66 | 44.24 | 43.60 | 44.04 | 181,062 | |
11/04/2024 | 44.00 | 44.12 | 43.60 | 43.72 | 160,808 |
| 43.60 | 43.86 | 43.42 | 43.60 | 165,409 |
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Elisa Oyj Trading Date Momentum on November 4, 2024
| On November 05 2024 Elisa Oyj was traded for 43.60 at the closing time. The highest price during the trading period was 43.86 and the lowest recorded bid was listed for 43.42 . The volume for the day was 165.4 K. This history from November 5, 2024 contributed to the next trading day price decline. The overall trading delta to the next closing price was 0.27% . The overall trading delta to the current price is 1.19% . |
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.
Price Boundaries
Elisa Oyj Period Price Range
Low | November 26, 2024
| 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 26, 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.
| Risk Adjusted Performance | 0.0046 | |||
| Jensen Alpha | (0.03) | |||
| Total Risk Alpha | (0.18) | |||
| Sortino Ratio | (0.08) | |||
| Treynor Ratio | (0.04) |
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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.
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