Aspo Oyj (Finland) Price on November 11, 2024

ASPO Stock  EUR 5.02  0.06  1.21%   
If you're considering investing in Aspo Stock, it is important to understand the factors that can impact its price. As of today, the current price of Aspo Oyj stands at 5.02, as last reported on the 7th of January, with the highest price reaching 5.02 and the lowest price hitting 4.96 during the day. Aspo Oyj secures Sharpe Ratio (or Efficiency) of -0.3, which signifies that the company had a -0.3% return per unit of risk over the last 3 months. Aspo Oyj exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm Aspo Oyj's Risk Adjusted Performance of (0.23), standard deviation of 1.07, and Mean Deviation of 0.8212 to double-check the risk estimate we provide.
  
Aspo Stock price history is provided at the adjusted basis, taking into account all of the recent filings.

Sharpe Ratio = -0.2978

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Estimated Market Risk

 1.07
  actual daily
9
91% of assets are more volatile

Expected Return

 -0.32
  actual daily
0
Most of other assets have higher returns

Risk-Adjusted Return

 -0.3
  actual daily
0
Most of other assets perform better
Based on monthly moving average Aspo 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 Aspo Oyj by adding Aspo Oyj to a well-diversified portfolio.

Aspo Oyj Valuation on November 11, 2024

It is possible to determine the worth of Aspo Oyj on a given historical date. On November 11, 2024 Aspo was worth 5.38 at the beginning of the trading date compared to the closed value of 5.28. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Aspo Oyj stock. Still, in general, we apply an absolute valuation method to find Aspo 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 Aspo Oyj where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Aspo Oyj's related companies.
 Open High Low Close Volume
  5.38    5.40    5.32    5.36    11,199  
11/11/2024
  5.38    5.42    5.28    5.28    16,090  
  5.26    5.28    5.08    5.12    22,978  
Backtest Aspo Oyj  |  Aspo Oyj History  |  Aspo Oyj Valuation   PreviousNext  
Open Value
5.38
5.28
Closing Value
8.59
Upside

Aspo Oyj Trading Date Momentum on November 11, 2024

On November 12 2024 Aspo Oyj was traded for  5.12  at the closing time. The highest price during the trading period was 5.28  and the lowest recorded bid was listed for  5.08 . The volume for the day was 23 K. This history from November 12, 2024 contributed to the next trading day price decline. The overall trading delta to the next closing price was 3.03% . The overall trading delta to the current price is 2.27% .

Aspo Oyj Fundamentals Correlations and Trends

By evaluating Aspo 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 Aspo Oyj's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Aspo financial account trend analysis is a perfect complement when working with valuation or volatility modules.

About Aspo Oyj Stock history

Aspo 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 Aspo is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Aspo 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 Aspo Oyj stock prices may prove useful in developing a viable investing in Aspo Oyj
Aspo Oyj owns and develops corporate brands in Finland, Scandinavia, the Baltic countries, Russia, Ukraine, other CIS countries, and internationally. Aspo Oyj was founded in 1929 and is headquartered in Helsinki, Finland. Aspo Plc operates under Conglomerates classification in Finland and is traded on Helsinki Exchange. It employs 968 people.

Aspo Oyj Stock Technical Analysis

Aspo 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.
A focus of Aspo Oyj technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of Aspo Oyj trading pattern rather than external drivers such as economic, fundamental, or social events. It is believed that price action tends to repeat itself due to investors' collective, patterned behavior. Hence technical analysis focuses on identifiable price trends and conditions. More Info...

Price Boundaries

Aspo Oyj Period Price Range

Low
January 7, 2025
0.00  NaN%
High

 0.00 

     

 0.00 

Aspo 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.

Aspo Oyj January 7, 2025 Market Strength

Market strength indicators help investors to evaluate how Aspo 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 Aspo Oyj shares will generate the highest return on investment. By undertsting and applying Aspo Oyj stock market strength indicators, traders can identify Aspo Oyj entry and exit signals to maximize returns

Aspo Oyj Technical and Predictive Indicators

Predictive indicators are helping investors to find signals for Aspo Oyj's price direction in advance. Along with the technical and fundamental analysis of Aspo Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Aspo 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.

Complementary Tools for Aspo Stock analysis

When running Aspo Oyj's price analysis, check to measure Aspo 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 Aspo Oyj is operating at the current time. Most of Aspo Oyj's value examination focuses on studying past and present price action to predict the probability of Aspo 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 Aspo Oyj's price. Additionally, you may evaluate how the addition of Aspo Oyj to your portfolios can decrease your overall portfolio volatility.
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