Musti Group (Finland) Price on November 1, 2024
MUSTI Stock | EUR 20.90 0.65 3.02% |
If you're considering investing in Musti Stock, it is important to understand the factors that can impact its price. As of today, the current price of Musti Group stands at 20.90, as last reported on the 30th of November, with the highest price reaching 22.65 and the lowest price hitting 20.90 during the day. Musti Group Oyj has Sharpe Ratio of -0.11, which conveys that the firm had a -0.11% return per unit of risk over the last 3 months. Musti Group exposes twenty-four different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please verify Musti Group's Mean Deviation of 1.4, risk adjusted performance of (0.09), and Standard Deviation of 2.0 to check out the risk estimate we provide.
Musti Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
Musti |
Sharpe Ratio = -0.1142
Best Portfolio | Best Equity | |||
Good Returns | ||||
Average Returns | ||||
Small Returns | ||||
Cash | Small Risk | Average Risk | High Risk | Huge Risk |
Negative Returns | MUSTI |
Estimated Market Risk
1.99 actual daily | 17 83% of assets are more volatile |
Expected Return
-0.23 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
-0.11 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Musti Group 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 Musti Group by adding Musti Group to a well-diversified portfolio.
Musti Group Valuation on November 1, 2024
It is possible to determine the worth of Musti Group on a given historical date. On November 1, 2024 Musti was worth 23.2 at the beginning of the trading date compared to the closed value of 23.05. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Musti Group stock. Still, in general, we apply an absolute valuation method to find Musti Group'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 Musti Group where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Musti Group's related companies.
Open | High | Low | Close | Volume | |
22.70 | 23.40 | 22.70 | 23.05 | 3,288 | |
11/01/2024 | 23.20 | 23.30 | 22.85 | 23.05 | 2,153 |
23.15 | 23.25 | 22.55 | 22.95 | 2,304 |
Backtest Musti Group | | | Musti Group History | | | Musti Group Valuation | Previous | Next |
Musti Group Trading Date Momentum on November 1, 2024
On November 04 2024 Musti Group Oyj was traded for 22.95 at the closing time. The highest price during the trading period was 23.25 and the lowest recorded bid was listed for 22.55 . The volume for the day was 2.3 K. This history from November 4, 2024 contributed to the next trading day price decline. The trading delta at closing time to the next closing price was 0.43% . The trading delta at closing time to the current price is 3.25% . |
Musti Group Oyj Fundamentals Correlations and Trends
By evaluating Musti Group'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 Musti Group's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Musti financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Musti Group Stock history
Musti Group 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 Musti is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Musti Group 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 Musti Group stock prices may prove useful in developing a viable investing in Musti Group
Musti Group Oyj operates as a pet care specialist in Finland, Sweden, and Norway. The company was founded in 1988 and is headquartered in Helsinki, Finland. Musti Group is traded on Helsinki Exchange in Finland.
Musti Group Stock Technical Analysis
Musti Group 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
Musti Group Period Price Range
Low | November 30, 2024
| High |
0.00 | 0.00 |
Musti Group 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.
Musti Group November 30, 2024 Market Strength
Market strength indicators help investors to evaluate how Musti Group stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Musti Group shares will generate the highest return on investment. By undertsting and applying Musti Group stock market strength indicators, traders can identify Musti Group Oyj entry and exit signals to maximize returns
Musti Group Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Musti Group's price direction in advance. Along with the technical and fundamental analysis of Musti Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Musti 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 | (0.09) | |||
Jensen Alpha | (0.23) | |||
Total Risk Alpha | (0.59) | |||
Treynor Ratio | 0.9382 |
Cycle Indicators | ||
Math Operators | ||
Math Transform | ||
Momentum Indicators | ||
Overlap Studies | ||
Pattern Recognition | ||
Price Transform | ||
Statistic Functions | ||
Volatility Indicators | ||
Volume Indicators |
Complementary Tools for Musti Stock analysis
When running Musti Group's price analysis, check to measure Musti Group'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 Musti Group is operating at the current time. Most of Musti Group's value examination focuses on studying past and present price action to predict the probability of Musti Group's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Musti Group's price. Additionally, you may evaluate how the addition of Musti Group to your portfolios can decrease your overall portfolio volatility.
Price Exposure Probability Analyze equity upside and downside potential for a given time horizon across multiple markets | |
Portfolio Diagnostics Use generated alerts and portfolio events aggregator to diagnose current holdings | |
Stock Screener Find equities using a custom stock filter or screen asymmetry in trading patterns, price, volume, or investment outlook. | |
Headlines Timeline Stay connected to all market stories and filter out noise. Drill down to analyze hype elasticity | |
AI Portfolio Architect Use AI to generate optimal portfolios and find profitable investment opportunities | |
Commodity Channel Use Commodity Channel Index to analyze current equity momentum | |
Insider Screener Find insiders across different sectors to evaluate their impact on performance | |
Content Syndication Quickly integrate customizable finance content to your own investment portal |