Harvia Oyj (Finland) Market Value

HARVIA Stock   46.90  0.70  1.52%   
Harvia Oyj's market value is the price at which a share of Harvia Oyj trades on a public exchange. It measures the collective expectations of Harvia Oyj investors about its performance. Harvia Oyj is trading at 46.90 as of the 17th of March 2025, a 1.52 percent up since the beginning of the trading day. The stock's open price was 46.2.
With this module, you can estimate the performance of a buy and hold strategy of Harvia Oyj and determine expected loss or profit from investing in Harvia Oyj over a given investment horizon. Check out Harvia Oyj Correlation, Harvia Oyj Volatility and Harvia Oyj Alpha and Beta module to complement your research on Harvia Oyj.
Symbol

Please note, there is a significant difference between Harvia Oyj's value and its price as these two are different measures arrived at by different means. Investors typically determine if Harvia Oyj is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Harvia Oyj's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.

Harvia Oyj 'What if' Analysis

In the world of financial modeling, what-if analysis is part of sensitivity analysis performed to test how changes in assumptions impact individual outputs in a model. When applied to Harvia Oyj's stock what-if analysis refers to the analyzing how the change in your past investing horizon will affect the profitability against the current market value of Harvia Oyj.
0.00
12/17/2024
No Change 0.00  0.0 
In 2 months and 31 days
03/17/2025
0.00
If you would invest  0.00  in Harvia Oyj on December 17, 2024 and sell it all today you would earn a total of 0.00 from holding Harvia Oyj or generate 0.0% return on investment in Harvia Oyj over 90 days. Harvia Oyj is related to or competes with Qt Group, Kamux Suomi, Sampo Oyj, Tokmanni Group, and Revenio. More

Harvia Oyj Upside/Downside Indicators

Understanding different market momentum indicators often help investors to time their next move. Potential upside and downside technical ratios enable traders to measure Harvia Oyj's stock current market value against overall market sentiment and can be a good tool during both bulling and bearish trends. Here we outline some of the essential indicators to assess Harvia Oyj upside and downside potential and time the market with a certain degree of confidence.

Harvia Oyj Market Risk Indicators

Today, many novice investors tend to focus exclusively on investment returns with little concern for Harvia Oyj's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Harvia Oyj's standard deviation. In reality, there are many statistical measures that can use Harvia Oyj historical prices to predict the future Harvia Oyj's volatility.
Hype
Prediction
LowEstimatedHigh
44.9246.9048.88
Details
Intrinsic
Valuation
LowRealHigh
43.9045.8847.86
Details
Naive
Forecast
LowNextHigh
47.1249.1051.08
Details
Bollinger
Band Projection (param)
LowerMiddle BandUpper
44.0845.9747.86
Details

Harvia Oyj Backtested Returns

At this point, Harvia Oyj is very steady. Harvia Oyj holds Efficiency (Sharpe) Ratio of 0.0707, which attests that the entity had a 0.0707 % return per unit of risk over the last 3 months. We have found thirty technical indicators for Harvia Oyj, which you can use to evaluate the volatility of the firm. Please check out Harvia Oyj's Market Risk Adjusted Performance of 0.2041, downside deviation of 2.14, and Risk Adjusted Performance of 0.0481 to validate if the risk estimate we provide is consistent with the expected return of 0.14%. Harvia Oyj has a performance score of 5 on a scale of 0 to 100. The company retains a Market Volatility (i.e., Beta) of 0.45, which attests to possible diversification benefits within a given portfolio. As returns on the market increase, Harvia Oyj's returns are expected to increase less than the market. However, during the bear market, the loss of holding Harvia Oyj is expected to be smaller as well. Harvia Oyj right now retains a risk of 2.0%. Please check out Harvia Oyj skewness, and the relationship between the value at risk and day median price , to decide if Harvia Oyj will be following its current trending patterns.

Auto-correlation

    
  -0.42  

Modest reverse predictability

Harvia Oyj has modest reverse predictability. Overlapping area represents the amount of predictability between Harvia Oyj time series from 17th of December 2024 to 31st of January 2025 and 31st of January 2025 to 17th of March 2025. The more autocorrelation exist between current time interval and its lagged values, the more accurately you can make projection about the future pattern of Harvia Oyj price movement. The serial correlation of -0.42 indicates that just about 42.0% of current Harvia Oyj price fluctuation can be explain by its past prices.
Correlation Coefficient-0.42
Spearman Rank Test-0.45
Residual Average0.0
Price Variance1.69

Harvia Oyj lagged returns against current returns

Autocorrelation, which is Harvia Oyj stock's lagged correlation, explains the relationship between observations of its time series of returns over different periods of time. The observations are said to be independent if autocorrelation is zero. Autocorrelation is calculated as a function of mean and variance and can have practical application in predicting Harvia Oyj's stock expected returns. We can calculate the autocorrelation of Harvia Oyj returns to help us make a trade decision. For example, suppose you find that Harvia Oyj has exhibited high autocorrelation historically, and you observe that the stock is moving up for the past few days. In that case, you can expect the price movement to match the lagging time series.
   Current and Lagged Values   
       Timeline  

Harvia Oyj regressed lagged prices vs. current prices

Serial correlation can be approximated by using the Durbin-Watson (DW) test. The correlation can be either positive or negative. If Harvia Oyj stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Harvia Oyj stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Harvia Oyj stock over time.
   Current vs Lagged Prices   
       Timeline  

Harvia Oyj Lagged Returns

When evaluating Harvia Oyj's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Harvia Oyj stock have on its future price. Harvia Oyj autocorrelation represents the degree of similarity between a given time horizon and a lagged version of the same horizon over the previous time interval. In other words, Harvia Oyj autocorrelation shows the relationship between Harvia Oyj stock current value and its past values and can show if there is a momentum factor associated with investing in Harvia Oyj.
   Regressed Prices   
       Timeline  

Also Currently Popular

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.

Other Information on Investing in Harvia Stock

Harvia Oyj financial ratios help investors to determine whether Harvia Stock is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in Harvia with respect to the benefits of owning Harvia Oyj security.