Olvi Oyj (Finland) Price on October 29, 2024
OLVAS Stock | EUR 29.20 0.20 0.68% |
If you're considering investing in Olvi Stock, it is important to understand the factors that can impact its price. As of today, the current price of Olvi Oyj stands at 29.20, as last reported on the 1st of January, with the highest price reaching 29.40 and the lowest price hitting 28.95 during the day. Olvi Oyj A maintains Sharpe Ratio (i.e., Efficiency) of -0.0014, which implies the firm had a -0.0014% return per unit of risk over the last 3 months. Olvi Oyj A exposes twenty-four different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please check Olvi Oyj's Variance of 0.8606, risk adjusted performance of (0.02), and Coefficient Of Variation of (4,894) to confirm the risk estimate we provide.
Olvi Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
Olvi |
Sharpe Ratio = -0.0014
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Estimated Market Risk
0.95 actual daily | 8 92% of assets are more volatile |
Expected Return
0.0 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 Olvi 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 Olvi Oyj by adding Olvi Oyj to a well-diversified portfolio.
Olvi Oyj Valuation on October 29, 2024
It is possible to determine the worth of Olvi Oyj on a given historical date. On October 29, 2024 Olvi was worth 30.0 at the beginning of the trading date compared to the closed value of 29.75. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Olvi Oyj stock. Still, in general, we apply an absolute valuation method to find Olvi 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 Olvi Oyj where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Olvi Oyj's related companies.
Open | High | Low | Close | Volume | |
30.00 | 30.15 | 29.75 | 29.95 | 6,656 | |
10/29/2024 | 30.00 | 30.15 | 29.75 | 29.75 | 5,360 |
29.75 | 29.95 | 29.70 | 29.80 | 3,812 |
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Olvi Oyj Trading Date Momentum on October 29, 2024
On October 30 2024 Olvi Oyj A was traded for 29.80 at the closing time. The highest price during the trading period was 29.95 and the lowest recorded bid was listed for 29.70 . The volume for the day was 3.8 K. This history from October 30, 2024 contributed to the next trading day price growth. The trading delta at closing time to the next closing price was 0.17% . The trading delta at closing time to the current price is 1.34% . |
Olvi Oyj A Fundamentals Correlations and Trends
By evaluating Olvi 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 Olvi Oyj's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Olvi financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Olvi Oyj Stock history
Olvi 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 Olvi is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Olvi Oyj A 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 Olvi Oyj stock prices may prove useful in developing a viable investing in Olvi Oyj
Olvi Oyj engages in the manufacture and wholesale of alcoholic and non-alcoholic beverages in Finland, Estonia, Latvia, Lithuania, and Belarus. The company was founded in 1878 and is headquartered in Iisalmi, Finland. Olvi Plc operates under Beverage Manufacturers classification in Finland and is traded on Helsinki Exchange. It employs 1738 people.
Olvi Oyj Stock Technical Analysis
Olvi 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
Olvi Oyj Period Price Range
Low | January 1, 2025
| High |
0.00 | 0.00 |
Olvi Oyj A 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.
Olvi Oyj January 1, 2025 Market Strength
Market strength indicators help investors to evaluate how Olvi 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 Olvi Oyj shares will generate the highest return on investment. By undertsting and applying Olvi Oyj stock market strength indicators, traders can identify Olvi Oyj A entry and exit signals to maximize returns
Olvi Oyj Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Olvi Oyj's price direction in advance. Along with the technical and fundamental analysis of Olvi Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Olvi 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 | (0.02) | |||
Jensen Alpha | (0.03) | |||
Total Risk Alpha | (0.03) | |||
Treynor Ratio | 0.1286 |
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Complementary Tools for Olvi Stock analysis
When running Olvi Oyj's price analysis, check to measure Olvi 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 Olvi Oyj is operating at the current time. Most of Olvi Oyj's value examination focuses on studying past and present price action to predict the probability of Olvi 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 Olvi Oyj's price. Additionally, you may evaluate how the addition of Olvi Oyj to your portfolios can decrease your overall portfolio volatility.
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