Outokumpu Oyj Stock Price on February 23, 2024
OUTFF Stock | USD 3.65 0.00 0.00% |
If you're considering investing in Outokumpu Pink Sheet, it is important to understand the factors that can impact its price. As of today, the current price of Outokumpu Oyj stands at 3.65, as last reported on the 25th of November, with the highest price reaching 3.65 and the lowest price hitting 3.65 during the day. Outokumpu Oyj maintains Sharpe Ratio (i.e., Efficiency) of -0.12, which implies the firm had a -0.12% return per unit of risk over the last 3 months. Outokumpu Oyj exposes sixteen different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please check Outokumpu Oyj's Coefficient Of Variation of (812.40), risk adjusted performance of (0.13), and Variance of 0.0277 to confirm the risk estimate we provide.
Outokumpu Pink Sheet price history is provided at the adjusted basis, taking into account all of the recent filings.
Outokumpu |
Sharpe Ratio = -0.125
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Estimated Market Risk
0.17 actual daily | 1 99% of assets are more volatile |
Expected Return
-0.02 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
-0.12 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Outokumpu 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 Outokumpu Oyj by adding Outokumpu Oyj to a well-diversified portfolio.
Outokumpu Oyj Valuation on February 23, 2024
It is possible to determine the worth of Outokumpu Oyj on a given historical date. On February 23, 2024 Outokumpu was worth 4.4 at the beginning of the trading date compared to the closed value of 4.33. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Outokumpu Oyj pink sheet. Still, in general, we apply an absolute valuation method to find Outokumpu 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 Outokumpu Oyj where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Outokumpu Oyj's related companies.
Open | High | Low | Close | Volume | |
4.52 | 4.52 | 4.45 | 4.45 | 5,000 | |
02/23/2024 | 4.40 | 4.40 | 4.33 | 4.33 | 4,494 |
4.05 | 4.05 | 4.05 | 4.05 | 1.00 |
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Outokumpu Oyj Trading Date Momentum on February 23, 2024
The event impact on price volatility cannot be determined at this time. Please check this event after some time to allow current data to be analyzed.Outokumpu Oyj Fundamentals Correlations and Trends
By evaluating Outokumpu 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 Outokumpu Oyj's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Outokumpu financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Outokumpu Oyj Pink Sheet history
Outokumpu 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 Outokumpu is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Outokumpu 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 Outokumpu Oyj stock prices may prove useful in developing a viable investing in Outokumpu Oyj
Outokumpu Oyj produces and sells various stainless steel products in Finland, other European countries, North America, the Asia-Pacific, and internationally. Outokumpu Oyj was founded in 1910 and is headquartered in Helsinki, Finland. Outokumpu Oyj is traded on OTC Exchange in the United States.
Outokumpu Oyj Pink Sheet Technical Analysis
Outokumpu 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
Outokumpu Oyj Period Price Range
Low | November 25, 2024
| High |
0.00 | 0.00 |
Outokumpu 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.
Outokumpu Oyj November 25, 2024 Market Strength
Market strength indicators help investors to evaluate how Outokumpu 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 Outokumpu Oyj shares will generate the highest return on investment. By undertsting and applying Outokumpu Oyj pink sheet market strength indicators, traders can identify Outokumpu Oyj entry and exit signals to maximize returns
Outokumpu Oyj Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Outokumpu Oyj's price direction in advance. Along with the technical and fundamental analysis of Outokumpu Pink Sheet historical price patterns, it is also worthwhile for investors to track various predictive indicators of Outokumpu 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 | (0.13) | |||
Jensen Alpha | (0.03) | |||
Total Risk Alpha | (0.06) | |||
Treynor Ratio | 1.87 |
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Complementary Tools for Outokumpu Pink Sheet analysis
When running Outokumpu Oyj's price analysis, check to measure Outokumpu 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 Outokumpu Oyj is operating at the current time. Most of Outokumpu Oyj's value examination focuses on studying past and present price action to predict the probability of Outokumpu 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 Outokumpu Oyj's price. Additionally, you may evaluate how the addition of Outokumpu Oyj to your portfolios can decrease your overall portfolio volatility.
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