Wartsila Oyj Abp Stock Price on October 28, 2024
| WRTBY Stock | USD 3.52 0.02 0.57% |
If you're considering investing in Wartsila Pink Sheet, it is important to understand the factors that can impact its price. As of today, the current price of Wartsila Oyj stands at 3.52, as last reported on the 2nd of December, with the highest price reaching 3.52 and the lowest price hitting 3.45 during the day. Wartsila Oyj Abp shows Sharpe Ratio of -0.0929, which attests that the company had a -0.0929% return per unit of risk over the last 3 months. Wartsila Oyj Abp exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please check out Wartsila Oyj's Standard Deviation of 3.17, mean deviation of 2.12, and Market Risk Adjusted Performance of (0.25) to validate the risk estimate we provide.
Wartsila Pink Sheet price history is provided at the adjusted basis, taking into account all of the recent filings.
Wartsila |
Sharpe Ratio = -0.0929
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Estimated Market Risk
| 3.07 actual daily | 27 73% of assets are more volatile |
Expected Return
| -0.28 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| -0.09 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Wartsila 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 Wartsila Oyj by adding Wartsila Oyj to a well-diversified portfolio.
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Wartsila Oyj Valuation on October 28, 2024
It is possible to determine the worth of Wartsila Oyj on a given historical date. On October 28, 2024 Wartsila was worth 4.52 at the beginning of the trading date compared to the closed value of 4.52. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Wartsila Oyj pink sheet. Still, in general, we apply an absolute valuation method to find Wartsila 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 Wartsila Oyj where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Wartsila Oyj's related companies.
| Open | High | Low | Close | Volume | |
| 4.52 | 4.52 | 4.52 | 4.52 | 1.00 | |
10/28/2024 | 4.52 | 4.52 | 4.52 | 4.52 | 1.00 |
| 4.11 | 4.11 | 4.08 | 4.09 | 5,529 |
| Backtest Wartsila Oyj | | | Wartsila Oyj History | | | Wartsila Oyj Valuation | Previous | Next |
Wartsila Oyj Trading Date Momentum on October 28, 2024
| On October 29 2024 Wartsila Oyj Abp was traded for 4.09 at the closing time. The highest daily price throughout the period was 4.11 and the lowest price was 4.08 . The daily volume was 5.5 K. The net trading volume on 10/29/2024 added to the next day price reduction. The trading price change to closing price of the next trading day was 9.51% . The trading price change to current closing price is 10.84% . |
Wartsila Oyj Abp Fundamentals Correlations and Trends
By evaluating Wartsila 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 Wartsila Oyj's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Wartsila financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Wartsila Oyj Pink Sheet history
Wartsila 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 Wartsila is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Wartsila Oyj Abp 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 Wartsila Oyj stock prices may prove useful in developing a viable investing in Wartsila Oyj
Wrtsil Oyj Abp provides technologies and lifecycle solutions for the marine and energy markets worldwide. Wrtsil Oyj Abp was founded in 1834 and is headquartered in Helsinki, Finland. Wartsila Oyj operates under Specialty Industrial Machinery classification in the United States and is traded on OTC Exchange. It employs 17585 people.
Wartsila Oyj Pink Sheet Technical Analysis
Wartsila 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
Wartsila Oyj Period Price Range
Low | December 2, 2024
| High |
0.00 | 0.00 |
Wartsila Oyj Abp 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.
Wartsila Oyj December 2, 2024 Market Strength
Market strength indicators help investors to evaluate how Wartsila 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 Wartsila Oyj shares will generate the highest return on investment. By undertsting and applying Wartsila Oyj pink sheet market strength indicators, traders can identify Wartsila Oyj Abp entry and exit signals to maximize returns
Wartsila Oyj Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Wartsila Oyj's price direction in advance. Along with the technical and fundamental analysis of Wartsila Pink Sheet historical price patterns, it is also worthwhile for investors to track various predictive indicators of Wartsila 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 | (0.03) | |||
| Jensen Alpha | (0.27) | |||
| Total Risk Alpha | (0.71) | |||
| Treynor Ratio | (0.26) |
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Additional Tools for Wartsila Pink Sheet Analysis
When running Wartsila Oyj's price analysis, check to measure Wartsila 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 Wartsila Oyj is operating at the current time. Most of Wartsila Oyj's value examination focuses on studying past and present price action to predict the probability of Wartsila 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 Wartsila Oyj's price. Additionally, you may evaluate how the addition of Wartsila Oyj to your portfolios can decrease your overall portfolio volatility.