Fodelia (Finland) Price on November 21, 2024

FODELIA Stock  EUR 6.06  0.08  1.34%   
If you're considering investing in Fodelia Stock, it is important to understand the factors that can impact its price. As of today, the current price of Fodelia stands at 6.06, as last reported on the 29th of November, with the highest price reaching 6.08 and the lowest price hitting 5.98 during the day. Fodelia secures Sharpe Ratio (or Efficiency) of -0.0218, which denotes the company had a -0.0218% return per unit of risk over the last 3 months. Fodelia exposes thirty different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm Fodelia's Coefficient Of Variation of 6871.92, downside deviation of 1.78, and Mean Deviation of 1.46 to check the risk estimate we provide.
  
Fodelia Stock price history is provided at the adjusted basis, taking into account all of the recent filings.

Sharpe Ratio = -0.0218

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Estimated Market Risk

 1.81
  actual daily
16
84% of assets are more volatile

Expected Return

 -0.04
  actual daily
0
Most of other assets have higher returns

Risk-Adjusted Return

 -0.02
  actual daily
0
Most of other assets perform better
Based on monthly moving average Fodelia 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 Fodelia by adding Fodelia to a well-diversified portfolio.

Fodelia Valuation on November 21, 2024

It is possible to determine the worth of Fodelia on a given historical date. On November 21, 2024 Fodelia was worth 5.9 at the beginning of the trading date compared to the closed value of 5.92. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Fodelia stock. Still, in general, we apply an absolute valuation method to find Fodelia'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 Fodelia where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Fodelia's related companies.
 Open High Low Close Volume
  6.02    6.04    5.90    6.00    2,429  
11/21/2024
  5.90    5.92    5.86    5.92    2,525  
  5.88    5.94    5.86    5.90    4,269  
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Open Value
5.9
5.92
Closing Value
11.33
Upside

Fodelia Trading Date Momentum on November 21, 2024

On November 22 2024 Fodelia was traded for  5.90  at the closing time. The highest price during the trading period was 5.94  and the lowest recorded bid was listed for  5.86 . The volume for the day was 4.3 K. This history from November 22, 2024 contributed to the next trading day price decline. The overall trading delta to the next closing price was 0.34% . The overall trading delta to the current price is 1.01% .

Fodelia Fundamentals Correlations and Trends

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

About Fodelia Stock history

Fodelia 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 Fodelia is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Fodelia 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 Fodelia stock prices may prove useful in developing a viable investing in Fodelia
The company offers crispy potato chips and additive-free corn snacks to retail stores and central wholesale businesses in Finland, as well as importers and retail stores in export target countries. Fodelia Oyj was founded in 1979 and is based in Pyhnt, Finland. Fodelia Oyj is traded on Helsinki Exchange in Finland.

Fodelia Stock Technical Analysis

Fodelia 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 Fodelia technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of Fodelia 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

Fodelia Period Price Range

Low
November 29, 2024
0.00  NaN%
High

 0.00 

     

 0.00 

Fodelia 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.

Fodelia November 29, 2024 Market Strength

Market strength indicators help investors to evaluate how Fodelia stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Fodelia shares will generate the highest return on investment. By undertsting and applying Fodelia stock market strength indicators, traders can identify Fodelia entry and exit signals to maximize returns

Fodelia Technical and Predictive Indicators

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

When running Fodelia's price analysis, check to measure Fodelia'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 Fodelia is operating at the current time. Most of Fodelia's value examination focuses on studying past and present price action to predict the probability of Fodelia's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Fodelia's price. Additionally, you may evaluate how the addition of Fodelia to your portfolios can decrease your overall portfolio volatility.
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