Neste Oyj Stock Price on September 23, 2024
NTOIF Stock | USD 14.84 0.93 6.69% |
If you're considering investing in Neste Pink Sheet, it is important to understand the factors that can impact its price. As of today, the current price of Neste Oyj stands at 14.84, as last reported on the 26th of November, with the highest price reaching 14.84 and the lowest price hitting 14.84 during the day. Neste 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. Neste Oyj exposes twenty-one different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please verify Neste Oyj's Standard Deviation of 4.68, mean deviation of 2.57, and Risk Adjusted Performance of (0.08) to check out the risk estimate we provide.
Neste Pink Sheet price history is provided at the adjusted basis, taking into account all of the recent filings.
Neste |
Sharpe Ratio = -0.1102
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Estimated Market Risk
4.8 actual daily | 42 58% of assets are more volatile |
Expected Return
-0.53 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 Neste 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 Neste Oyj by adding Neste Oyj to a well-diversified portfolio.
Neste Oyj Valuation on September 23, 2024
It is possible to determine the worth of Neste Oyj on a given historical date. On September 23, 2024 Neste was worth 16.69 at the beginning of the trading date compared to the closed value of 16.69. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Neste Oyj pink sheet. Still, in general, we apply an absolute valuation method to find Neste 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 Neste Oyj where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Neste Oyj's related companies.
Open | High | Low | Close | Volume | |
18.40 | 18.40 | 18.40 | 18.40 | 1,693 | |
09/23/2024 | 16.69 | 16.69 | 16.69 | 16.69 | 440.00 |
18.04 | 18.04 | 18.04 | 18.04 | 225.00 |
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Neste Oyj Trading Date Momentum on September 23, 2024
On September 24 2024 Neste Oyj was traded for 18.04 at the closing time. The highest daily price throughout the period was 18.04 and the lowest price was 18.04 . The daily volume was 225. The net trading volume on 09/24/2024 added to the next day price rise. The trading delta at closing time to closing price of the next trading day was 8.09% . The trading delta at closing time to current closing price is 9.95% . |
Neste Oyj Fundamentals Correlations and Trends
By evaluating Neste 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 Neste Oyj'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 Oyj Pink Sheet history
Neste 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 Neste is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Neste 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 Oyj stock prices may prove useful in developing a viable investing in Neste Oyj
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 Oil operates under Oil Gas Refining Marketing classification in the United States and is traded on OTC Exchange. It employs 4719 people.
Neste Oyj Pink Sheet Technical Analysis
Neste Oyj technical pink sheet 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, pink sheet market cycles, or different charting patterns.
Price Boundaries
Neste Oyj Period Price Range
Low | November 26, 2024
| High |
0.00 | 0.00 |
Neste Oyj cannot be verified against its exchange. Please verify the symbol is currently traded on PINK 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 Oyj November 26, 2024 Market Strength
Market strength indicators help investors to evaluate how Neste Oyj pink sheet reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Neste Oyj shares will generate the highest return on investment. By undertsting and applying Neste Oyj pink sheet market strength indicators, traders can identify Neste Oyj entry and exit signals to maximize returns
Neste Oyj Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Neste Oyj's price direction in advance. Along with the technical and fundamental analysis of Neste Pink Sheet 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.
Risk Adjusted Performance | (0.08) | |||
Jensen Alpha | (0.44) | |||
Total Risk Alpha | (1.26) | |||
Treynor Ratio | 0.6864 |
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Volume Indicators |
Complementary Tools for Neste Pink Sheet analysis
When running Neste Oyj's price analysis, check to measure Neste 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 Neste Oyj is operating at the current time. Most of Neste Oyj's value examination focuses on studying past and present price action to predict the probability of Neste 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 Neste Oyj's price. Additionally, you may evaluate how the addition of Neste Oyj to your portfolios can decrease your overall portfolio volatility.
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