OMX Helsinki (Finland) Price on November 6, 2024
| OMXH Index | 9,606 47.08 0.49% |
Below is the normalized historical share price chart for OMX Helsinki All extending back to January 04, 1999. This chart has been adjusted for all splits and dividends and is plotted against all major global economic recessions. As of today, the current price of OMX Helsinki stands at 9,606, as last reported on the 25th of November, with the highest price reaching 9,626 and the lowest price hitting 9,575 during the day.
If you're considering investing in OMX Index, it is important to understand the factors that can impact its price. OMX Helsinki All maintains Sharpe Ratio (i.e., Efficiency) of -0.1, which implies the entity had a -0.1% return per unit of standard deviation over the last 3 months. OMX Helsinki All exposes twenty different technical indicators, which can help you to evaluate volatility embedded in its price movement. OMX Index price history is provided at the adjusted basis, taking into account all of the recent filings.
Sharpe Ratio = -0.1006
| Best Portfolio | Best Equity | |||
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| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
| Negative Returns | OMXH |
Estimated Market Risk
| 0.77 actual daily | 6 94% of assets are more volatile |
Expected Return
| -0.08 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| -0.1 actual daily | 0 Most of other assets perform better |
Based on monthly moving average OMX Helsinki 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 OMX Helsinki by adding OMX Helsinki to a well-diversified portfolio.
OMX Helsinki Valuation on November 6, 2024
It is possible to determine the worth of OMX Helsinki on a given historical date. On November 6, 2024 OMX was worth 9849.22 at the beginning of the trading date compared to the closed value of 9750.17. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of OMX Helsinki index. Still, in general, we apply an absolute valuation method to find OMX Helsinki'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 OMX Helsinki where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against OMX Helsinki's related companies.
| Open | High | Low | Close | Volume | |
| 9,864 | 9,882 | 9,829 | 9,862 | 33,717,227 | |
11/06/2024 | 9,849 | 9,928 | 9,731 | 9,750 | 46,218,930 |
| 9,792 | 9,868 | 9,791 | 9,823 | 41,689,780 |
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OMX Helsinki Trading Date Momentum on November 6, 2024
| On November 07 2024 OMX Helsinki All was traded for 9,823 at the closing time. The highest price during the trading period was 9,868 and the lowest recorded bid was listed for 9,791 . The volume for the day was 41.7 M. This history from November 7, 2024 contributed to the next trading day price boost. The trading delta at closing time to the next closing price was 0.75% . The trading delta at closing time to the current price is 0.85% . |
Price Boundaries
OMX Helsinki Period Price Range
Low | November 25, 2024
| High |
0.00 | 0.00 |
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OMX Helsinki November 25, 2024 Market Strength
Market strength indicators help investors to evaluate how OMX Helsinki index reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading OMX Helsinki shares will generate the highest return on investment. By undertsting and applying OMX Helsinki index market strength indicators, traders can identify OMX Helsinki All entry and exit signals to maximize returns
OMX Helsinki Technical Drivers
OMX Helsinki November 25, 2024 Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for OMX Helsinki's price direction in advance. Along with the technical and fundamental analysis of OMX Index historical price patterns, it is also worthwhile for investors to track various predictive indicators of OMX 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) | |||
| Mean Deviation | 0.6069 | |||
| Coefficient Of Variation | (903.40) | |||
| Standard Deviation | 0.7615 | |||
| Variance | 0.5798 | |||
| Information Ratio | (0.28) | |||
| Total Risk Alpha | (0.21) | |||
| Maximum Drawdown | 3.64 | |||
| Value At Risk | (1.37) | |||
| Potential Upside | 1.17 | |||
| Skewness | (0.16) | |||
| Kurtosis | (0.33) |
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