Neste Oil (Finland) Price on September 4, 2024

NESTE Stock  EUR 14.24  0.04  0.28%   
If you're considering investing in Neste Stock, it is important to understand the factors that can impact its price. As of today, the current price of Neste Oil stands at 14.24, as last reported on the 29th of November, with the highest price reaching 14.24 and the lowest price hitting 14.03 during the day. Neste Oil Oyj has Sharpe Ratio of -0.18, which conveys that the firm had a -0.18% return per unit of risk over the last 3 months. Neste Oil exposes twenty-two different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please verify Neste Oil's Mean Deviation of 2.08, risk adjusted performance of (0.15), and Standard Deviation of 2.68 to check out the risk estimate we provide.
  
Neste Stock price history is provided at the adjusted basis, taking into account all of the recent filings.

Sharpe Ratio = -0.1846

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Estimated Market Risk

 2.7
  actual daily
24
76% of assets are more volatile

Expected Return

 -0.5
  actual daily
0
Most of other assets have higher returns

Risk-Adjusted Return

 -0.18
  actual daily
0
Most of other assets perform better
Based on monthly moving average Neste Oil 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 Neste Oil by adding Neste Oil to a well-diversified portfolio.

Neste Oil Valuation on September 4, 2024

It is possible to determine the worth of Neste Oil on a given historical date. On September 4, 2024 Neste was worth 19.19 at the beginning of the trading date compared to the closed value of 18.48. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Neste Oil stock. Still, in general, we apply an absolute valuation method to find Neste Oil'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 Neste Oil where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Neste Oil's related companies.
 Open High Low Close Volume
  20.07    20.17    19.53    19.53    1,090,139  
09/04/2024
  19.19    19.29    18.46    18.48    1,960,651  
  18.54    18.99    18.47    18.47    1,380,663  
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Open Value
19.19
18.48
Closing Value
27.28
Upside

Neste Oil Trading Date Momentum on September 4, 2024

On September 05 2024 Neste Oil Oyj was traded for  18.47  at the closing time. The highest price during the trading period was 18.99  and the lowest recorded bid was listed for  18.47 . The volume for the day was 1.4 M. This history from September 5, 2024 contributed to the next trading day price decline. The trading delta at closing time to the next closing price was 0.05% . The trading delta at closing time to the current price is 16.61% .

Neste Oil Oyj Fundamentals Correlations and Trends

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

About Neste Oil Stock history

Neste Oil 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 Neste is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Neste Oil 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 Neste Oil stock prices may prove useful in developing a viable investing in Neste Oil
Neste Oyj provides renewable and oil products in Finland and other Nordic countries, Baltic Rim, other European countries, North and South America, and internationally. Neste Oyj was founded in 1948 and is headquartered in Espoo, Finland. Neste operates under Oil Gas Refining Marketing classification in Finland and is traded on Helsinki Exchange. It employs 6003 people.

Neste Oil Stock Technical Analysis

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

Neste Oil Period Price Range

Low
November 29, 2024
0.00  NaN%
High

 0.00 

     

 0.00 

Neste Oil 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.

Neste Oil November 29, 2024 Market Strength

Market strength indicators help investors to evaluate how Neste Oil stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Neste Oil shares will generate the highest return on investment. By undertsting and applying Neste Oil stock market strength indicators, traders can identify Neste Oil Oyj entry and exit signals to maximize returns

Neste Oil Technical and Predictive Indicators

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

When running Neste Oil's price analysis, check to measure Neste Oil'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 Neste Oil is operating at the current time. Most of Neste Oil's value examination focuses on studying past and present price action to predict the probability of Neste Oil's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Neste Oil's price. Additionally, you may evaluate how the addition of Neste Oil to your portfolios can decrease your overall portfolio volatility.
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