YIT Oyj (Finland) Price on August 19, 2024
YIT Stock | EUR 2.37 0.05 2.07% |
If you're considering investing in YIT Stock, it is important to understand the factors that can impact its price. As of today, the current price of YIT Oyj stands at 2.37, as last reported on the 30th of November, with the highest price reaching 2.42 and the lowest price hitting 2.36 during the day. YIT Oyj shows Sharpe Ratio of -0.0182, which attests that the company had a -0.0182% return per unit of risk over the last 3 months. YIT Oyj exposes twenty-four different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please check out YIT Oyj's Market Risk Adjusted Performance of 0.212, standard deviation of 2.41, and Mean Deviation of 1.67 to validate the risk estimate we provide.
YIT Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
YIT |
Sharpe Ratio = -0.0182
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Estimated Market Risk
2.33 actual daily | 20 80% of assets are more volatile |
Expected Return
-0.04 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
-0.02 actual daily | 0 Most of other assets perform better |
Based on monthly moving average YIT 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 YIT Oyj by adding YIT Oyj to a well-diversified portfolio.
YIT Oyj Valuation on August 19, 2024
It is possible to determine the worth of YIT Oyj on a given historical date. On August 19, 2024 YIT was worth 2.36 at the beginning of the trading date compared to the closed value of 2.45. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of YIT Oyj stock. Still, in general, we apply an absolute valuation method to find YIT 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 YIT Oyj where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against YIT Oyj's related companies.
Open | High | Low | Close | Volume | |
2.40 | 2.41 | 2.34 | 2.36 | 155,080 | |
08/19/2024 | 2.36 | 2.46 | 2.36 | 2.45 | 145,240 |
2.45 | 2.48 | 2.41 | 2.46 | 94,517 |
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YIT Oyj Trading Date Momentum on August 19, 2024
On August 20 2024 YIT Oyj was traded for 2.46 at the closing time. The maximum traded price for the trading interval was 2.48 and the lowest daily price was 2.41 . The daily volume was recorded at 94.5 K. The volume of trading on 20th of August 2024 played a part in the next trading day price growth. The trading price change to the next closing price was 0.41% . The trading price change to the closing price today is 6.12% . |
YIT Oyj Fundamentals Correlations and Trends
By evaluating YIT 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 YIT Oyj's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. YIT financial account trend analysis is a perfect complement when working with valuation or volatility modules.About YIT Oyj Stock history
YIT 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 YIT is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in YIT 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 YIT Oyj stock prices may prove useful in developing a viable investing in YIT Oyj
YIT Oyj provides construction services for industrial and public sectors, and residential customers primarily in Finland, Russia, the Baltic countries, the Czech Republic, Poland, and Slovakia. YIT Oyj was founded in 1912 and is headquartered in Helsinki, Finland. YIT operates under Engineering Construction classification in Finland and is traded on Helsinki Exchange. It employs 7936 people.
YIT Oyj Stock Technical Analysis
YIT 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
YIT Oyj Period Price Range
Low | November 30, 2024
| High |
0.00 | 0.00 |
YIT 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.
YIT Oyj November 30, 2024 Market Strength
Market strength indicators help investors to evaluate how YIT 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 YIT Oyj shares will generate the highest return on investment. By undertsting and applying YIT Oyj stock market strength indicators, traders can identify YIT Oyj entry and exit signals to maximize returns
YIT Oyj Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for YIT Oyj's price direction in advance. Along with the technical and fundamental analysis of YIT Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of YIT 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 | (0.05) | |||
Total Risk Alpha | (0.53) | |||
Treynor Ratio | 0.202 |
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Volume Indicators |
Complementary Tools for YIT Stock analysis
When running YIT Oyj's price analysis, check to measure YIT 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 YIT Oyj is operating at the current time. Most of YIT Oyj's value examination focuses on studying past and present price action to predict the probability of YIT 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 YIT Oyj's price. Additionally, you may evaluate how the addition of YIT Oyj to your portfolios can decrease your overall portfolio volatility.
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