Glaston Oyj (Finland) Price on April 30, 2024
If you're considering investing in Glaston Stock, it is important to understand the factors that can impact its price. Glaston Oyj Abp holds Efficiency (Sharpe) Ratio of close to zero, which attests that the entity had a close to zero % return per unit of standard deviation over the last 3 months. Glaston Oyj Abp exposes fifteen different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please check out Glaston Oyj's risk adjusted performance of 0.0013, and Market Risk Adjusted Performance of 0.1356 to validate the risk estimate we provide.
Glaston Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
Glaston |
Sharpe Ratio = -0.0043
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Estimated Market Risk
1.69 actual daily | 15 85% of assets are more volatile |
Expected Return
-0.01 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
0.0 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Glaston 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 Glaston Oyj by adding Glaston Oyj to a well-diversified portfolio.
Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.
Price Boundaries
Glaston Oyj Period Price Range
Low | January 25, 2025
| High |
0.00 | 0.00 |
Glaston Oyj Abp 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.
Glaston Oyj January 25, 2025 Market Strength
Market strength indicators help investors to evaluate how Glaston 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 Glaston Oyj shares will generate the highest return on investment. By undertsting and applying Glaston Oyj stock market strength indicators, traders can identify Glaston Oyj Abp entry and exit signals to maximize returns
Glaston Oyj Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Glaston Oyj's price direction in advance. Along with the technical and fundamental analysis of Glaston Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Glaston 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 | 0.0013 | |||
Jensen Alpha | (0.01) | |||
Total Risk Alpha | (0.11) | |||
Treynor Ratio | 0.1256 |
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Pattern Recognition | ||
Price Transform | ||
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Volume Indicators |
Complementary Tools for Glaston Stock analysis
When running Glaston Oyj's price analysis, check to measure Glaston 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 Glaston Oyj is operating at the current time. Most of Glaston Oyj's value examination focuses on studying past and present price action to predict the probability of Glaston 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 Glaston Oyj's price. Additionally, you may evaluate how the addition of Glaston Oyj to your portfolios can decrease your overall portfolio volatility.
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