Glaston Oyj (Finland) Price on September 9, 2024
GLA1V Stock | EUR 0.74 0.01 1.33% |
If you're considering investing in Glaston Stock, it is important to understand the factors that can impact its price. As of today, the current price of Glaston Oyj stands at 0.74, as last reported on the 28th of November, with the highest price reaching 0.76 and the lowest price hitting 0.74 during the day. Glaston Oyj Abp holds Efficiency (Sharpe) Ratio of -0.17, which attests that the entity had a -0.17% return per unit of standard deviation over the last 3 months. Glaston Oyj Abp exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please check out Glaston Oyj's market risk adjusted performance of (10.46), and Risk Adjusted Performance of (0.11) to validate the risk estimate we provide.
Glaston Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
Glaston |
Sharpe Ratio = -0.1715
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Estimated Market Risk
1.2 actual daily | 10 90% of assets are more volatile |
Expected Return
-0.21 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
-0.17 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Glaston 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 Glaston Oyj by adding Glaston Oyj to a well-diversified portfolio.
Glaston Oyj Valuation on September 9, 2024
It is possible to determine the worth of Glaston Oyj on a given historical date. On September 9, 2024 Glaston was worth 0.85 at the beginning of the trading date compared to the closed value of 0.83. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Glaston Oyj stock. Still, in general, we apply an absolute valuation method to find Glaston 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 Glaston Oyj where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Glaston Oyj's related companies.
Open | High | Low | Close | Volume | |
0.83 | 0.84 | 0.83 | 0.84 | 8,371 | |
09/09/2024 | 0.85 | 0.85 | 0.83 | 0.83 | 12,228 |
0.83 | 0.84 | 0.82 | 0.83 | 5,092 |
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Glaston Oyj Trading Date Momentum on September 9, 2024
On September 10 2024 Glaston Oyj Abp was traded for 0.83 at the closing time. The highest price during the trading period was 0.84 and the lowest recorded bid was listed for 0.82 . The volume for the day was 5.1 K. This history from September 10, 2024 did not cause price change. The overall trading delta to the current price is 1.20% . |
Glaston Oyj Abp Fundamentals Correlations and Trends
By evaluating Glaston 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 Glaston Oyj's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Glaston financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Glaston Oyj Stock history
Glaston 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 Glaston is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Glaston Oyj Abp 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 Glaston Oyj stock prices may prove useful in developing a viable investing in Glaston Oyj
Glaston Oyj Abp manufactures and sells glass processing machinery worldwide. Glaston Oyj Abp was founded in 1870 and is headquartered in Helsinki, Finland. Glaston operates under Diversified Industrials classification in Finland and is traded on Helsinki Exchange. It employs 350 people.
Glaston Oyj Stock Technical Analysis
Glaston 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
Glaston Oyj Period Price Range
Low | November 28, 2024
| High |
0.00 | 0.00 |
Glaston Oyj Abp 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.
Glaston Oyj November 28, 2024 Market Strength
Market strength indicators help investors to evaluate how Glaston 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 Glaston Oyj shares will generate the highest return on investment. By undertsting and applying Glaston Oyj stock market strength indicators, traders can identify Glaston Oyj Abp entry and exit signals to maximize returns
Glaston Oyj Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Glaston Oyj's price direction in advance. Along with the technical and fundamental analysis of Glaston Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Glaston 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 | (0.11) | |||
Jensen Alpha | (0.20) | |||
Total Risk Alpha | (0.38) | |||
Treynor Ratio | (10.47) |
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Complementary Tools for Glaston Stock analysis
When running Glaston Oyj's price analysis, check to measure Glaston 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 Glaston Oyj is operating at the current time. Most of Glaston Oyj's value examination focuses on studying past and present price action to predict the probability of Glaston 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 Glaston Oyj's price. Additionally, you may evaluate how the addition of Glaston Oyj to your portfolios can decrease your overall portfolio volatility.
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