Innofactor Oyj (Finland) Price on November 29, 2024
| IFA1V Stock | EUR 1.69 0.01 0.60% |
If you're considering investing in Innofactor Stock, it is important to understand the factors that can impact its price. As of today, the current price of Innofactor Oyj stands at 1.69, as last reported on the 2nd of December, with the highest price reaching 1.70 and the lowest price hitting 1.69 during the day. Innofactor Oyj is slightly risky at the moment. Innofactor Oyj holds Efficiency (Sharpe) Ratio of 0.0147, which attests that the entity had a 0.0147% return per unit of risk over the last 3 months. We have found twenty-eight technical indicators for Innofactor Oyj, which you can use to evaluate the volatility of the firm. Please check out Innofactor Oyj's Risk Adjusted Performance of 0.0124, market risk adjusted performance of (0.04), and Downside Deviation of 1.13 to validate if the risk estimate we provide is consistent with the expected return of 0.0129%.
Innofactor Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
Innofactor |
Sharpe Ratio = 0.0147
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| Negative Returns | IFA1V |
Estimated Market Risk
| 0.88 actual daily | 7 93% 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 | 1 99% of assets perform better |
Based on monthly moving average Innofactor Oyj is performing at about 1% of its full potential. 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 Innofactor Oyj by adding it to a well-diversified portfolio.
Innofactor Oyj Valuation on November 29, 2024
It is possible to determine the worth of Innofactor Oyj on a given historical date. On November 29, 2024 Innofactor was worth 1.69 at the beginning of the trading date compared to the closed value of 1.69. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Innofactor Oyj stock. Still, in general, we apply an absolute valuation method to find Innofactor 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 Innofactor Oyj where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Innofactor Oyj's related companies.
| Open | High | Low | Close | Volume | |
| 1.69 | 1.69 | 1.69 | 1.69 | 5.00 | |
11/29/2024 | 1.69 | 1.70 | 1.69 | 1.69 | 647.00 |
| 1.69 | 1.70 | 1.69 | 1.69 | 0.00 |
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Innofactor Oyj Trading Date Momentum on November 29, 2024
| On December 02 2024 Innofactor Oyj was traded for 1.69 at the closing time. The highest price during the trading period was 1.70 and the lowest recorded bid was listed for 1.69 . There was no trading activity during the period 0.0. Lack of trading volume on December 2, 2024 did not cause price change. The trading delta at closing time to the current price is 0.00% . |
Innofactor Oyj Fundamentals Correlations and Trends
By evaluating Innofactor 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 Innofactor Oyj's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Innofactor financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Innofactor Oyj Stock history
Innofactor 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 Innofactor is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Innofactor 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 Innofactor Oyj stock prices may prove useful in developing a viable investing in Innofactor Oyj
Innofactor Plc provides digitalization and cloud solutions that focus on Microsoft platforms in the Nordic countries. Innofactor Plc was founded in 2000 and is headquartered in Espoo, Finland. Innofactor Plc operates under Software Providers classification in Finland and is traded on Helsinki Exchange. It employs 538 people.
Innofactor Oyj Stock Technical Analysis
Innofactor 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
Innofactor Oyj Period Price Range
Low | December 2, 2024
| High |
0.00 | 0.00 |
Innofactor 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.
Innofactor Oyj December 2, 2024 Market Strength
Market strength indicators help investors to evaluate how Innofactor 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 Innofactor Oyj shares will generate the highest return on investment. By undertsting and applying Innofactor Oyj stock market strength indicators, traders can identify Innofactor Oyj entry and exit signals to maximize returns
Innofactor Oyj Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Innofactor Oyj's price direction in advance. Along with the technical and fundamental analysis of Innofactor Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Innofactor 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 | 0.0124 | |||
| Jensen Alpha | 0.0098 | |||
| Total Risk Alpha | (0.14) | |||
| Sortino Ratio | (0.11) | |||
| Treynor Ratio | (0.05) |
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Complementary Tools for Innofactor Stock analysis
When running Innofactor Oyj's price analysis, check to measure Innofactor 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 Innofactor Oyj is operating at the current time. Most of Innofactor Oyj's value examination focuses on studying past and present price action to predict the probability of Innofactor 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 Innofactor Oyj's price. Additionally, you may evaluate how the addition of Innofactor Oyj to your portfolios can decrease your overall portfolio volatility.
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