TietoEVRY Oyj (Norway) Price on November 25, 2024
| TIETO Stock | NOK 196.80 1.40 0.71% |
If you're considering investing in TietoEVRY Stock, it is important to understand the factors that can impact its price. As of today, the current price of TietoEVRY Oyj stands at 196.80, as last reported on the 30th of November, with the highest price reaching 198.20 and the lowest price hitting 196.80 during the day. TietoEVRY Oyj owns Efficiency Ratio (i.e., Sharpe Ratio) of -0.0965, which indicates the firm had a -0.0965% return per unit of risk over the last 3 months. TietoEVRY Oyj exposes twenty-four different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please validate TietoEVRY Oyj's Variance of 3.24, coefficient of variation of (1,116), and Risk Adjusted Performance of (0.06) to confirm the risk estimate we provide.
TietoEVRY Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
TietoEVRY |
Sharpe Ratio = -0.0965
| Best Portfolio | Best Equity | |||
| Good Returns | ||||
| Average Returns | ||||
| Small Returns | ||||
| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
| Negative Returns | TIETO |
Estimated Market Risk
| 1.81 actual daily | 16 84% of assets are more volatile |
Expected Return
| -0.17 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 TietoEVRY 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 TietoEVRY Oyj by adding TietoEVRY Oyj to a well-diversified portfolio.
TietoEVRY Oyj Valuation on November 25, 2024
It is possible to determine the worth of TietoEVRY Oyj on a given historical date. On November 25, 2024 TietoEVRY was worth 195.2 at the beginning of the trading date compared to the closed value of 196.5. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of TietoEVRY Oyj stock. Still, in general, we apply an absolute valuation method to find TietoEVRY 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 TietoEVRY Oyj where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against TietoEVRY Oyj's related companies.
| Open | High | Low | Close | Volume | |
| 193.00 | 194.30 | 193.00 | 194.30 | 526.00 | |
11/25/2024 | 195.20 | 196.50 | 194.50 | 196.50 | 34,126 |
| 196.00 | 198.50 | 196.00 | 197.50 | 607.00 |
| Backtest TietoEVRY Oyj | | | TietoEVRY Oyj History | | | TietoEVRY Oyj Valuation | Previous | Next |
TietoEVRY Oyj Trading Date Momentum on November 25, 2024
| On November 26 2024 TietoEVRY Oyj was traded for 197.50 at the closing time. The highest price during the trading period was 198.50 and the lowest recorded bid was listed for 196.00 . The volume for the day was 607. This history from November 26, 2024 contributed to the next trading day price boost. The trading price change to the next closing price was 0.51% . The trading price change to the current price is 0.25% . |
TietoEVRY Oyj Fundamentals Correlations and Trends
By evaluating TietoEVRY 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 TietoEVRY Oyj's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. TietoEVRY financial account trend analysis is a perfect complement when working with valuation or volatility modules.About TietoEVRY Oyj Stock history
TietoEVRY 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 TietoEVRY is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in TietoEVRY 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 TietoEVRY Oyj stock prices may prove useful in developing a viable investing in TietoEVRY Oyj
It operates through six segments Digital Consulting, Cloud Infra, Industry Software, Financial Services Solutions, International Operations, and Product Development Services. TietoEVRY Oyj was founded in 1968 and is headquartered in Espoo, Finland. TIETOEVRY OYJ operates under Information Technology Services classification in Norway and is traded on Oslo Stock Exchange. It employs 23610 people.
TietoEVRY Oyj Stock Technical Analysis
TietoEVRY 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
TietoEVRY Oyj Period Price Range
Low | November 30, 2024
| High |
0.00 | 0.00 |
TietoEVRY Oyj cannot be verified against its exchange. Please verify the symbol is currently traded on Oslo Stock 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.
TietoEVRY Oyj November 30, 2024 Market Strength
Market strength indicators help investors to evaluate how TietoEVRY 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 TietoEVRY Oyj shares will generate the highest return on investment. By undertsting and applying TietoEVRY Oyj stock market strength indicators, traders can identify TietoEVRY Oyj entry and exit signals to maximize returns
TietoEVRY Oyj Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for TietoEVRY Oyj's price direction in advance. Along with the technical and fundamental analysis of TietoEVRY Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of TietoEVRY 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 | (0.14) | |||
| Total Risk Alpha | (0.47) | |||
| Treynor Ratio | 0.7347 |
| Cycle Indicators | ||
| Math Operators | ||
| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
Other Information on Investing in TietoEVRY Stock
TietoEVRY Oyj financial ratios help investors to determine whether TietoEVRY Stock is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in TietoEVRY with respect to the benefits of owning TietoEVRY Oyj security.