Ponsse Oyj (Finland) Price on April 22, 2024
| PON1V Stock | EUR 21.50 0.10 0.47% |
If you're considering investing in Ponsse Stock, it is important to understand the factors that can impact its price. As of today, the current price of Ponsse Oyj stands at 21.50, as last reported on the 2nd of December, with the highest price reaching 21.80 and the lowest price hitting 21.10 during the day. Ponsse Oyj 1 maintains Sharpe Ratio (i.e., Efficiency) of -0.0244, which implies the firm had a -0.0244% return per unit of risk over the last 3 months. Ponsse Oyj 1 exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please check Ponsse Oyj's Variance of 4.1, risk adjusted performance of (0.01), and Coefficient Of Variation of (3,640) to confirm the risk estimate we provide.
Ponsse Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
Ponsse |
Sharpe Ratio = -0.0244
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Estimated Market Risk
| 2.04 actual daily | 18 82% of assets are more volatile |
Expected Return
| -0.05 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| -0.02 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Ponsse 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 Ponsse Oyj by adding Ponsse Oyj to a well-diversified portfolio.
Ponsse Oyj Valuation on April 22, 2024
It is possible to determine the worth of Ponsse Oyj on a given historical date. On April 22, 2024 Ponsse was worth 22.9 at the beginning of the trading date compared to the closed value of 23.0. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Ponsse Oyj stock. Still, in general, we apply an absolute valuation method to find Ponsse 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 Ponsse Oyj where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Ponsse Oyj's related companies.
| Open | High | Low | Close | Volume | |
| 23.30 | 23.40 | 22.50 | 22.60 | 10,577 | |
04/22/2024 | 22.90 | 23.40 | 22.90 | 23.00 | 2,275 |
| 23.00 | 23.30 | 22.80 | 23.20 | 2,108 |
| Backtest Ponsse Oyj | | | Ponsse Oyj History | | | Ponsse Oyj Valuation | Previous | Next |
Ponsse Oyj Trading Date Momentum on April 22, 2024
| On April 23 2024 Ponsse Oyj 1 was traded for 23.20 at the closing time. The highest price during the trading period was 23.30 and the lowest recorded bid was listed for 22.80 . The volume for the day was 2.1 K. This history from April 23, 2024 contributed to the next trading day price growth. The trading delta at closing time to the next closing price was 0.87% . The trading delta at closing time to the current price is 0.00% . |
Ponsse Oyj 1 Fundamentals Correlations and Trends
By evaluating Ponsse 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 Ponsse Oyj's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Ponsse financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Ponsse Oyj Stock history
Ponsse 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 Ponsse is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Ponsse Oyj 1 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 Ponsse Oyj stock prices may prove useful in developing a viable investing in Ponsse Oyj
Ponsse Oyj, together with its subsidiaries, develops, manufactures, and sells cut-to-length forest machines. Ponsse Oyj was founded in 1970 and is headquartered in Vierem, Finland. Ponsse Oyj operates under Farm Construction Equipment classification in Finland and is traded on Helsinki Exchange. It employs 1750 people.
Ponsse Oyj Stock Technical Analysis
Ponsse Oyj 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
Ponsse Oyj Period Price Range
Low | December 2, 2024
| High |
0.00 | 0.00 |
Ponsse Oyj 1 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.
Ponsse Oyj December 2, 2024 Market Strength
Market strength indicators help investors to evaluate how Ponsse Oyj stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Ponsse Oyj shares will generate the highest return on investment. By undertsting and applying Ponsse Oyj stock market strength indicators, traders can identify Ponsse Oyj 1 entry and exit signals to maximize returns
Ponsse Oyj Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Ponsse Oyj's price direction in advance. Along with the technical and fundamental analysis of Ponsse Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Ponsse 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 | (0.01) | |||
| Jensen Alpha | (0.06) | |||
| Total Risk Alpha | (0.40) | |||
| Treynor Ratio | 0.829 |
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Complementary Tools for Ponsse Stock analysis
When running Ponsse Oyj's price analysis, check to measure Ponsse 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 Ponsse Oyj is operating at the current time. Most of Ponsse Oyj's value examination focuses on studying past and present price action to predict the probability of Ponsse 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 Ponsse Oyj's price. Additionally, you may evaluate how the addition of Ponsse Oyj to your portfolios can decrease your overall portfolio volatility.
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