Kesla Oyj (Finland) Price on March 27, 2024
KELAS Stock | EUR 3.36 0.04 1.18% |
If you're considering investing in Kesla Stock, it is important to understand the factors that can impact its price. As of today, the current price of Kesla Oyj stands at 3.36, as last reported on the 24th of November, with the highest price reaching 3.36 and the lowest price hitting 3.36 during the day. Kesla Oyj A has Sharpe Ratio of -0.0894, which conveys that the firm had a -0.0894% return per unit of risk over the last 3 months. Kesla Oyj exposes twenty-two different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please verify Kesla Oyj's Standard Deviation of 1.74, risk adjusted performance of (0.07), and Mean Deviation of 1.28 to check out the risk estimate we provide.
Kesla Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
Kesla |
Sharpe Ratio = -0.0894
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Estimated Market Risk
1.74 actual daily | 15 85% of assets are more volatile |
Expected Return
-0.16 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
-0.09 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Kesla 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 Kesla Oyj by adding Kesla Oyj to a well-diversified portfolio.
Kesla Oyj Valuation on March 27, 2024
It is possible to determine the worth of Kesla Oyj on a given historical date. On March 27, 2024 Kesla was worth 3.72 at the beginning of the trading date compared to the closed value of 3.88. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Kesla Oyj stock. Still, in general, we apply an absolute valuation method to find Kesla 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 Kesla Oyj where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Kesla Oyj's related companies.
Open | High | Low | Close | Volume | |
3.89 | 3.89 | 3.89 | 3.89 | 21.00 | |
03/27/2024 | 3.72 | 3.89 | 3.72 | 3.88 | 729.00 |
3.89 | 4.12 | 3.89 | 4.12 | 1,550 |
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Kesla Oyj Trading Date Momentum on March 27, 2024
On March 28 2024 Kesla Oyj A was traded for 4.12 at the closing time. The highest price during the trading period was 4.12 and the lowest recorded bid was listed for 3.89 . The volume for the day was 1.6 K. This history from March 28, 2024 contributed to the next trading day price growth. The trading delta at closing time to the next closing price was 6.19% . The trading delta at closing time to the current price is 5.67% . |
Kesla Oyj A Fundamentals Correlations and Trends
By evaluating Kesla 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 Kesla Oyj's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Kesla financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Kesla Oyj Stock history
Kesla 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 Kesla is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Kesla Oyj A 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 Kesla Oyj stock prices may prove useful in developing a viable investing in Kesla Oyj
Kesla Oyj designs, manufactures, and markets forest technology in Finland and internationally. Kesla Oyj was founded in 1960 and is headquartered in Joensuu, Finland. Kesla Oyj operates under Forestry And Timber classification in Finland and is traded on Helsinki Exchange.
Kesla Oyj Stock Technical Analysis
Kesla 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
Kesla Oyj Period Price Range
Low | November 24, 2024
| High |
0.00 | 0.00 |
Kesla Oyj A 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.
Kesla Oyj November 24, 2024 Market Strength
Market strength indicators help investors to evaluate how Kesla 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 Kesla Oyj shares will generate the highest return on investment. By undertsting and applying Kesla Oyj stock market strength indicators, traders can identify Kesla Oyj A entry and exit signals to maximize returns
Kesla Oyj Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Kesla Oyj's price direction in advance. Along with the technical and fundamental analysis of Kesla Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Kesla 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 | (0.07) | |||
Jensen Alpha | (0.23) | |||
Total Risk Alpha | (0.46) | |||
Treynor Ratio | (0.49) |
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Complementary Tools for Kesla Stock analysis
When running Kesla Oyj's price analysis, check to measure Kesla 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 Kesla Oyj is operating at the current time. Most of Kesla Oyj's value examination focuses on studying past and present price action to predict the probability of Kesla 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 Kesla Oyj's price. Additionally, you may evaluate how the addition of Kesla Oyj to your portfolios can decrease your overall portfolio volatility.
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