Scanfil Oyj (Finland) Price on March 19, 2024
SCANFL Stock | EUR 7.50 0.02 0.27% |
If you're considering investing in Scanfil Stock, it is important to understand the factors that can impact its price. As of today, the current price of Scanfil Oyj stands at 7.50, as last reported on the 29th of November, with the highest price reaching 7.51 and the lowest price hitting 7.43 during the day. Scanfil Oyj owns Efficiency Ratio (i.e., Sharpe Ratio) of -0.0597, which indicates the firm had a -0.0597% return per unit of risk over the last 3 months. Scanfil Oyj exposes twenty-four different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please validate Scanfil Oyj's Risk Adjusted Performance of 0.003, variance of 2.42, and Coefficient Of Variation of (37,512) to confirm the risk estimate we provide.
Scanfil Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
Scanfil |
Sharpe Ratio = -0.0597
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Estimated Market Risk
1.48 actual daily | 13 87% of assets are more volatile |
Expected Return
-0.09 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
-0.06 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Scanfil 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 Scanfil Oyj by adding Scanfil Oyj to a well-diversified portfolio.
Scanfil Oyj Valuation on March 19, 2024
It is possible to determine the worth of Scanfil Oyj on a given historical date. On March 19, 2024 Scanfil was worth 8.14 at the beginning of the trading date compared to the closed value of 7.97. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Scanfil Oyj stock. Still, in general, we apply an absolute valuation method to find Scanfil 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 Scanfil Oyj where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Scanfil Oyj's related companies.
Open | High | Low | Close | Volume | |
8.00 | 8.21 | 7.97 | 8.06 | 37,076 | |
03/19/2024 | 8.14 | 8.14 | 7.95 | 7.97 | 18,271 |
7.97 | 8.00 | 7.90 | 7.95 | 13,973 |
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Scanfil Oyj Trading Date Momentum on March 19, 2024
On March 20 2024 Scanfil Oyj was traded for 7.95 at the closing time. The highest price during the trading period was 8.00 and the lowest recorded bid was listed for 7.90 . The volume for the day was 14 K. This history from March 20, 2024 contributed to the next trading day price decline. The trading price change to the next closing price was 0.25% . The trading price change to the current price is 1.76% . |
Scanfil Oyj Fundamentals Correlations and Trends
By evaluating Scanfil 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 Scanfil Oyj's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Scanfil financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Scanfil Oyj Stock history
Scanfil 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 Scanfil is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Scanfil 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 Scanfil Oyj stock prices may prove useful in developing a viable investing in Scanfil Oyj
Scanfil Oyj operates as a contract manufacturer and system supplier for the electronics industry worldwide. The company was founded in 1976 and is headquartered in Sievi, Finland. Scanfil Plc is traded on Helsinki Exchange in Finland.
Scanfil Oyj Stock Technical Analysis
Scanfil 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
Scanfil Oyj Period Price Range
Low | November 29, 2024
| High |
0.00 | 0.00 |
Scanfil 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.
Scanfil Oyj November 29, 2024 Market Strength
Market strength indicators help investors to evaluate how Scanfil 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 Scanfil Oyj shares will generate the highest return on investment. By undertsting and applying Scanfil Oyj stock market strength indicators, traders can identify Scanfil Oyj entry and exit signals to maximize returns
Scanfil Oyj Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Scanfil Oyj's price direction in advance. Along with the technical and fundamental analysis of Scanfil Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Scanfil 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 | 0.003 | |||
Jensen Alpha | (0.02) | |||
Total Risk Alpha | (0.25) | |||
Treynor Ratio | (0.15) |
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Complementary Tools for Scanfil Stock analysis
When running Scanfil Oyj's price analysis, check to measure Scanfil 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 Scanfil Oyj is operating at the current time. Most of Scanfil Oyj's value examination focuses on studying past and present price action to predict the probability of Scanfil 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 Scanfil Oyj's price. Additionally, you may evaluate how the addition of Scanfil Oyj to your portfolios can decrease your overall portfolio volatility.
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