Metso Oyj (Finland) Price on July 24, 2024

METSO Stock  EUR 8.30  0.14  1.72%   
If you're considering investing in Metso Stock, it is important to understand the factors that can impact its price. As of today, the current price of Metso Oyj stands at 8.30, as last reported on the 29th of November, with the highest price reaching 8.35 and the lowest price hitting 8.19 during the day. Metso Oyj has Sharpe Ratio of -0.0494, which conveys that the firm had a -0.0494% return per unit of risk over the last 3 months. Metso Oyj exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please verify Metso Oyj's Mean Deviation of 1.5, risk adjusted performance of (0.04), and Standard Deviation of 2.0 to check out the risk estimate we provide.
  
Metso Stock price history is provided at the adjusted basis, taking into account all of the recent filings.

Sharpe Ratio = -0.0494

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Estimated Market Risk

 2.01
  actual daily
17
83% of assets are more volatile

Expected Return

 -0.1
  actual daily
0
Most of other assets have higher returns

Risk-Adjusted Return

 -0.05
  actual daily
0
Most of other assets perform better
Based on monthly moving average Metso 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 Metso Oyj by adding Metso Oyj to a well-diversified portfolio.

Metso Oyj Valuation on July 24, 2024

It is possible to determine the worth of Metso Oyj on a given historical date. On July 24, 2024 Metso was worth 8.84 at the beginning of the trading date compared to the closed value of 8.97. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Metso Oyj stock. Still, in general, we apply an absolute valuation method to find Metso 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 Metso Oyj where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Metso Oyj's related companies.
 Open High Low Close Volume
  9.56    9.59    9.45    9.45    1,206,713  
07/24/2024
  8.84    9.42    8.76    8.97    3,167,491  
  8.84    8.94    8.69    8.85    2,011,636  
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Open Value
8.84
8.97
Closing Value
14.88
Upside

Metso Oyj Trading Date Momentum on July 24, 2024

On July 25 2024 Metso Oyj was traded for  8.85  at the closing time. The highest price during the trading period was 8.94  and the lowest recorded bid was listed for  8.69 . The volume for the day was 2 M. This history from July 25, 2024 contributed to the next trading day price decline. The trading delta at closing time to the next closing price was 1.34% . The trading delta at closing time to the current price is 8.25% .

Metso Oyj Fundamentals Correlations and Trends

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

About Metso Oyj Stock history

Metso 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 Metso is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Metso 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 Metso Oyj stock prices may prove useful in developing a viable investing in Metso Oyj
Metso Corporation, an industrial company, provides equipment and services for the mining, aggregates, recycling, and process industries worldwide. Further, the company provides expert, flow control, maintenance, performance and engineered, and training services. Metso operates under Conglomerates classification in Finland and is traded on Helsinki Exchange. It employs 14676 people.

Metso Oyj Stock Technical Analysis

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

Metso Oyj Period Price Range

Low
November 29, 2024
0.00  NaN%
High

 0.00 

     

 0.00 

Metso 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.

Metso Oyj November 29, 2024 Market Strength

Market strength indicators help investors to evaluate how Metso 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 Metso Oyj shares will generate the highest return on investment. By undertsting and applying Metso Oyj stock market strength indicators, traders can identify Metso Oyj entry and exit signals to maximize returns

Metso Oyj Technical and Predictive Indicators

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

When running Metso Oyj's price analysis, check to measure Metso 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 Metso Oyj is operating at the current time. Most of Metso Oyj's value examination focuses on studying past and present price action to predict the probability of Metso 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 Metso Oyj's price. Additionally, you may evaluate how the addition of Metso Oyj to your portfolios can decrease your overall portfolio volatility.
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