Metso Outotec (Germany) Price on July 11, 2023
M6Q Stock | EUR 8.88 0.04 0.45% |
If you're considering investing in Metso Stock, it is important to understand the factors that can impact its price. As of today, the current price of Metso Outotec stands at 8.88, as last reported on the 27th of December, with the highest price reaching 8.88 and the lowest price hitting 8.88 during the day. Metso Outotec Oyj has Sharpe Ratio of -0.0324, which conveys that the firm had a -0.0324% return per unit of risk over the last 3 months. Metso Outotec exposes twenty-seven different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please verify Metso Outotec's Mean Deviation of 1.34, risk adjusted performance of 0.051, and Downside Deviation of 1.78 to check out the risk estimate we provide.
Metso Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
Metso |
Sharpe Ratio = -0.0324
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Estimated Market Risk
1.77 actual daily | 15 85% of assets are more volatile |
Expected Return
-0.06 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
-0.03 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Metso Outotec 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 Metso Outotec by adding Metso Outotec to a well-diversified portfolio.
Metso Outotec Valuation on July 11, 2023
It is possible to determine the worth of Metso Outotec on a given historical date. On July 11, 2023 Metso was worth 10.54 at the beginning of the trading date compared to the closed value of 10.54. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Metso Outotec stock. Still, in general, we apply an absolute valuation method to find Metso Outotec'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 Metso Outotec where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Metso Outotec's related companies.
Open | High | Low | Close | Volume | |
10.30 | 10.30 | 10.30 | 10.30 | 2.00 | |
07/11/2023 | 10.54 | 10.54 | 10.54 | 10.54 | 1.00 |
10.47 | 10.47 | 10.47 | 10.47 | 1.00 |
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Metso Outotec Trading Date Momentum on July 11, 2023
On July 12 2023 Metso Outotec Oyj was traded for 10.47 at the closing time. The highest daily price throughout the period was 10.47 and the lowest price was 10.47 . There was no trading activity during the period 1.0. Lack of trading volume on 07/12/2023 added to the next day price reduction. The trading delta at closing time to closing price of the next trading day was 0.66% . The trading delta at closing time to current closing price is 5.60% . |
Metso Outotec Oyj Fundamentals Correlations and Trends
By evaluating Metso Outotec'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 Metso Outotec's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Metso financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Metso Outotec Stock history
Metso Outotec 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 Metso is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Metso Outotec 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 Metso Outotec stock prices may prove useful in developing a viable investing in Metso Outotec
Metso Outotec Oyj provides sustainable technologies, end-to-end solutions, and services for minerals processing, aggregates, and metals refining industries in Finland, Europe, North and Central America, South America, the Asia Pacific, Africa, the Middle East, and India. Metso Outotec Oyj was incorporated in 1990 and is headquartered in Helsinki, Finland. METSO OUTOTEC operates under Farm Heavy Construction Machinery classification in Germany and is traded on Frankfurt Stock Exchange. It employs 15681 people.
Metso Outotec Stock Technical Analysis
Metso Outotec 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
Metso Outotec Period Price Range
Low | December 27, 2024
| High |
0.00 | 0.00 |
Metso Outotec Oyj cannot be verified against its exchange. Please verify the symbol is currently traded on Frankfurt 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.
Metso Outotec December 27, 2024 Market Strength
Market strength indicators help investors to evaluate how Metso Outotec stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Metso Outotec shares will generate the highest return on investment. By undertsting and applying Metso Outotec stock market strength indicators, traders can identify Metso Outotec Oyj entry and exit signals to maximize returns
Metso Outotec Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Metso Outotec's price direction in advance. Along with the technical and fundamental analysis of Metso Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Metso 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 | 0.051 | |||
Jensen Alpha | 0.0934 | |||
Total Risk Alpha | (0.01) | |||
Sortino Ratio | 0.0299 | |||
Treynor Ratio | 1.43 |
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Volume Indicators |
Complementary Tools for Metso Stock analysis
When running Metso Outotec's price analysis, check to measure Metso Outotec'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 Metso Outotec is operating at the current time. Most of Metso Outotec's value examination focuses on studying past and present price action to predict the probability of Metso Outotec's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Metso Outotec's price. Additionally, you may evaluate how the addition of Metso Outotec to your portfolios can decrease your overall portfolio volatility.
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