PunaMusta Media (Finland) Price on December 22, 2023
PUMU Stock | 1.38 0.04 2.82% |
If you're considering investing in PunaMusta Stock, it is important to understand the factors that can impact its price. As of today, the current price of PunaMusta Media stands at 1.38, as last reported on the 3rd of December, with the highest price reaching 1.42 and the lowest price hitting 1.36 during the day. PunaMusta Media Oyj maintains Sharpe Ratio (i.e., Efficiency) of -0.17, which implies the firm had a -0.17% return per unit of risk over the last 3 months. PunaMusta Media Oyj exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please check PunaMusta Media's Coefficient Of Variation of (1,205), variance of 7.34, and Risk Adjusted Performance of (0.06) to confirm the risk estimate we provide.
PunaMusta Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
PunaMusta |
Sharpe Ratio = -0.1747
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Estimated Market Risk
2.67 actual daily | 23 77% of assets are more volatile |
Expected Return
-0.47 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
-0.17 actual daily | 0 Most of other assets perform better |
Based on monthly moving average PunaMusta Media 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 PunaMusta Media by adding PunaMusta Media to a well-diversified portfolio.
PunaMusta Media Valuation on December 22, 2023
It is possible to determine the worth of PunaMusta Media on a given historical date. On December 22, 2023 PunaMusta was worth 2.9 at the beginning of the trading date compared to the closed value of 2.9. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of PunaMusta Media stock. Still, in general, we apply an absolute valuation method to find PunaMusta Media'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 PunaMusta Media where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against PunaMusta Media's related companies.
Open | High | Low | Close | Volume | |
3.00 | 3.00 | 2.94 | 2.94 | 630.00 | |
12/22/2023 | 2.90 | 2.90 | 2.90 | 2.90 | 1,611 |
2.90 | 2.94 | 2.86 | 2.86 | 1,595 |
Backtest PunaMusta Media | | | PunaMusta Media History | | | PunaMusta Media Valuation | Previous | Next |
PunaMusta Media Trading Date Momentum on December 22, 2023
On December 27 2023 PunaMusta Media Oyj was traded for 2.86 at the closing time. The highest price during the trading period was 2.94 and the lowest recorded bid was listed for 2.86 . The volume for the day was 1.6 K. This history from December 27, 2023 contributed to the next trading day price decline. The trading delta at closing time to the next closing price was 1.38% . The trading delta at closing time to the current price is 0.69% . |
PunaMusta Media Oyj Fundamentals Correlations and Trends
By evaluating PunaMusta Media'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 PunaMusta Media's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. PunaMusta financial account trend analysis is a perfect complement when working with valuation or volatility modules.About PunaMusta Media Stock history
PunaMusta Media 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 PunaMusta is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in PunaMusta Media 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 PunaMusta Media stock prices may prove useful in developing a viable investing in PunaMusta Media
PunaMusta Media Stock Technical Analysis
PunaMusta Media 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
PunaMusta Media Period Price Range
Low | December 3, 2024
| High |
0.00 | 0.00 |
PunaMusta Media 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.
PunaMusta Media December 3, 2024 Market Strength
Market strength indicators help investors to evaluate how PunaMusta Media stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading PunaMusta Media shares will generate the highest return on investment. By undertsting and applying PunaMusta Media stock market strength indicators, traders can identify PunaMusta Media Oyj entry and exit signals to maximize returns
PunaMusta Media Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for PunaMusta Media's price direction in advance. Along with the technical and fundamental analysis of PunaMusta Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of PunaMusta 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 | (0.06) | |||
Jensen Alpha | (0.23) | |||
Total Risk Alpha | (0.64) | |||
Treynor Ratio | 9.0 |
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When running PunaMusta Media's price analysis, check to measure PunaMusta Media'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 PunaMusta Media is operating at the current time. Most of PunaMusta Media's value examination focuses on studying past and present price action to predict the probability of PunaMusta Media's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move PunaMusta Media's price. Additionally, you may evaluate how the addition of PunaMusta Media to your portfolios can decrease your overall portfolio volatility.
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