Upm Kymmene Oyj Stock Price on April 29, 2024
| UPMMY Stock | USD 26.30 0.12 0.45% |
If you're considering investing in UPM-Kymmene Pink Sheet, it is important to understand the factors that can impact its price. As of today, the current price of UPM-Kymmene Oyj stands at 26.30, as last reported on the 30th of November, with the highest price reaching 26.33 and the lowest price hitting 26.15 during the day. UPM Kymmene Oyj owns Efficiency Ratio (i.e., Sharpe Ratio) of -0.21, which indicates the firm had a -0.21% return per unit of standard deviation over the last 3 months. UPM Kymmene Oyj exposes twenty-two different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please validate UPM-Kymmene Oyj's variance of 2.51, and Risk Adjusted Performance of (0.15) to confirm the risk estimate we provide.
UPM-Kymmene Pink Sheet price history is provided at the adjusted basis, taking into account all of the recent filings.
UPM-Kymmene |
Sharpe Ratio = -0.2112
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Estimated Market Risk
| 1.61 actual daily | 14 86% of assets are more volatile |
Expected Return
| -0.34 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| -0.21 actual daily | 0 Most of other assets perform better |
Based on monthly moving average UPM-Kymmene 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 UPM-Kymmene Oyj by adding UPM-Kymmene Oyj to a well-diversified portfolio.
UPM-Kymmene Oyj Valuation on April 29, 2024
It is possible to determine the worth of UPM-Kymmene Oyj on a given historical date. On April 29, 2024 UPM-Kymmene was worth 34.34 at the beginning of the trading date compared to the closed value of 34.46. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of UPM-Kymmene Oyj pink sheet. Still, in general, we apply an absolute valuation method to find UPM-Kymmene 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 UPM-Kymmene Oyj where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against UPM-Kymmene Oyj's related companies.
| Open | High | Low | Close | Volume | |
| 34.67 | 34.79 | 33.98 | 34.33 | 13,200 | |
04/29/2024 | 34.34 | 34.56 | 34.29 | 34.46 | 24,100 |
| 34.11 | 34.19 | 34.06 | 34.08 | 9,800 |
| Backtest UPM-Kymmene Oyj | | | UPM-Kymmene Oyj History | | | UPM-Kymmene Oyj Valuation | Previous | Next |
UPM-Kymmene Oyj Trading Date Momentum on April 29, 2024
| On April 30 2024 UPM Kymmene Oyj was traded for 34.08 at the closing time. The highest daily price throughout the period was 34.19 and the lowest price was 34.06 . The daily volume was 9.8 K. The net trading volume on 04/30/2024 added to the next day price reduction. The trading price change to closing price of the next trading day was 1.10% . The trading price change to current closing price is 3.54% . |
UPM Kymmene Oyj Fundamentals Correlations and Trends
By evaluating UPM-Kymmene 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 UPM-Kymmene Oyj's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. UPM-Kymmene financial account trend analysis is a perfect complement when working with valuation or volatility modules.About UPM-Kymmene Oyj Pink Sheet history
UPM-Kymmene 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 UPM-Kymmene is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in UPM Kymmene 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 UPM-Kymmene Oyj stock prices may prove useful in developing a viable investing in UPM-Kymmene Oyj
It operates through UPM Biorefining, UPM Energy, UPM Raflatac, UPM Specialty Papers, UPM Communication Papers, UPM Plywood, and Other operations segments. UPM-Kymmene Oyj was founded in 1871 and is headquartered in Helsinki, Finland. Upm-Kymmene Oyj operates under Paper Paper Products classification in the United States and is traded on OTC Exchange. It employs 16457 people.
UPM-Kymmene Oyj Pink Sheet Technical Analysis
UPM-Kymmene 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
UPM-Kymmene Oyj Period Price Range
Low | November 30, 2024
| High |
0.00 | 0.00 |
UPM Kymmene 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.
UPM-Kymmene Oyj November 30, 2024 Market Strength
Market strength indicators help investors to evaluate how UPM-Kymmene 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 UPM-Kymmene Oyj shares will generate the highest return on investment. By undertsting and applying UPM-Kymmene Oyj pink sheet market strength indicators, traders can identify UPM Kymmene Oyj entry and exit signals to maximize returns
UPM-Kymmene Oyj Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for UPM-Kymmene Oyj's price direction in advance. Along with the technical and fundamental analysis of UPM-Kymmene Pink Sheet historical price patterns, it is also worthwhile for investors to track various predictive indicators of UPM-Kymmene 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 | (0.15) | |||
| Jensen Alpha | (0.34) | |||
| Total Risk Alpha | (0.59) | |||
| Treynor Ratio | (3.09) |
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Additional Tools for UPM-Kymmene Pink Sheet Analysis
When running UPM-Kymmene Oyj's price analysis, check to measure UPM-Kymmene 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 UPM-Kymmene Oyj is operating at the current time. Most of UPM-Kymmene Oyj's value examination focuses on studying past and present price action to predict the probability of UPM-Kymmene 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 UPM-Kymmene Oyj's price. Additionally, you may evaluate how the addition of UPM-Kymmene Oyj to your portfolios can decrease your overall portfolio volatility.