Gofore Oyj (Finland) Price on September 24, 2024

GOFORE Stock  EUR 20.45  0.20  0.99%   
If you're considering investing in Gofore Stock, it is important to understand the factors that can impact its price. As of today, the current price of Gofore Oyj stands at 20.45, as last reported on the 28th of March, with the highest price reaching 20.45 and the lowest price hitting 20.10 during the day. Gofore Oyj holds Efficiency (Sharpe) Ratio of -0.0828, which attests that the entity had a -0.0828 % return per unit of risk over the last 3 months. Gofore Oyj exposes twenty-four different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please check out Gofore Oyj's Standard Deviation of 1.49, market risk adjusted performance of (1.41), and Risk Adjusted Performance of (0.04) to validate the risk estimate we provide.
  
Gofore Stock price history is provided at the adjusted basis, taking into account all of the recent filings.

Sharpe Ratio = -0.0828

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Negative ReturnsGOFORE

Estimated Market Risk

 1.47
  actual daily
13
87% of assets are more volatile

Expected Return

 -0.12
  actual daily
0
Most of other assets have higher returns

Risk-Adjusted Return

 -0.08
  actual daily
0
Most of other assets perform better
Based on monthly moving average Gofore 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 Gofore Oyj by adding Gofore Oyj to a well-diversified portfolio.

Gofore Oyj Valuation on September 24, 2024

It is possible to determine the worth of Gofore Oyj on a given historical date. On September 24, 2024 Gofore was worth 21.65 at the beginning of the trading date compared to the closed value of 21.6. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Gofore Oyj stock. Still, in general, we apply an absolute valuation method to find Gofore 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 Gofore Oyj where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Gofore Oyj's related companies.
 Open High Low Close Volume
  22.00    22.25    21.70    21.90    917.00  
09/24/2024
  21.65    21.90    21.60    21.60    908.00  
  21.95    21.95    21.40    21.40    1,620  
Backtest Gofore Oyj  |  Gofore Oyj History  |  Gofore Oyj Valuation   PreviousNext  
Open Value
21.65
21.6
Closing Value
26.06
Upside

Gofore Oyj Trading Date Momentum on September 24, 2024

On September 25 2024 Gofore Oyj was traded for  21.40  at the closing time. The highest price during the trading period was 21.95  and the lowest recorded bid was listed for  21.40 . The volume for the day was 1.6 K. This history from September 25, 2024 contributed to the next trading day price decline. The overall trading delta to the next closing price was 0.93% . The overall trading delta to the current price is 0.00% .

Gofore Oyj Fundamentals Correlations and Trends

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

About Gofore Oyj Stock history

Gofore 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 Gofore is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Gofore 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 Gofore Oyj stock prices may prove useful in developing a viable investing in Gofore Oyj
Gofore Oyj provides digitalization services for corporate customers and public sector operators in Finland and rest of Europe. The company was founded in 2002 and is headquartered in Tampere, Finland. Gofore Oyj is traded on Helsinki Exchange in Finland.

Gofore Oyj Stock Technical Analysis

Gofore 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 Gofore Oyj technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of Gofore 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

Gofore Oyj Period Price Range

Low
March 28, 2025
0.00  NaN%
High

 0.00 

     

 0.00 

Gofore 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.

Gofore Oyj March 28, 2025 Market Strength

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

Gofore Oyj Technical and Predictive Indicators

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

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