Nokian Renkaat (Finland) Price History

TYRES Stock   7.63  0.03  0.39%   
If you're considering investing in Nokian Stock, it is important to understand the factors that can impact its price. As of today, the current price of Nokian Renkaat stands at 7.63, as last reported on the 22nd of January, with the highest price reaching 7.68 and the lowest price hitting 7.61 during the day. Nokian Renkaat Oyj has Sharpe Ratio of -0.0665, which conveys that the firm had a -0.0665 % return per unit of risk over the last 3 months. Nokian Renkaat exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please verify Nokian Renkaat's Standard Deviation of 1.35, mean deviation of 1.07, and Risk Adjusted Performance of (0.06) to check out the risk estimate we provide.
  
Nokian Stock price history is provided at the adjusted basis, taking into account all of the recent filings.

Sharpe Ratio = -0.0665

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Estimated Market Risk

 1.38
  actual daily
12
88% of assets are more volatile

Expected Return

 -0.09
  actual daily
0
Most of other assets have higher returns

Risk-Adjusted Return

 -0.07
  actual daily
0
Most of other assets perform better
Based on monthly moving average Nokian Renkaat 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 Nokian Renkaat by adding Nokian Renkaat to a well-diversified portfolio.

Nokian Renkaat Stock Price History Chart

There are several ways to analyze Nokian Stock price data. The simplest method is using a basic Nokian candlestick price chart, which shows Nokian Renkaat price history and the buying and selling dynamics of a specified period. Many traders also use subjective judgment to their trading calls, avoiding the need to trade based on technical analysis.
Highest PriceOctober 21, 20248.43
Lowest PriceDecember 19, 20247.19

Nokian Renkaat January 22, 2025 Stock Price Synopsis

Various analyses of Nokian Renkaat's daily price changes, such as its Balance Of Power or Price Action, are crucial when deciding whether to buy, hold, or sell Nokian Stock. It can be used to describe the percentage change in the price of Nokian Renkaat from one trading day to the next and could be a valuable metric for traders and investors to gauge the volatility and momentum of Nokian Stock.
Nokian Renkaat Price Rate Of Daily Change 1.00 
Nokian Renkaat Price Daily Balance Of Power(0.43)
Nokian Renkaat Price Action Indicator(0.03)

Nokian Renkaat January 22, 2025 Stock Price Analysis

When benchmark price declines in a down market, there may be an uptick in Nokian Stock price where buyers come in believing the asset is cheap or selling overdone. The opposite is true when the market is bullish. You can use Nokian Renkaat intraday prices and daily technical indicators to check the level of noise trading in Nokian Stock and then apply it to test your longer-term investment strategies against Nokian.

Nokian Stock Price History Data

The price series of Nokian Renkaat for the period between Thu, Oct 24, 2024 and Wed, Jan 22, 2025 has a statistical range of 1.24 with a coefficient of variation of 4.09. The price distribution for the period has arithmetic mean of 7.65. The median price for the last 90 days is 7.57. The company completed stock split (10:1) on 18th of April 2005. Nokian Renkaat Oyj had dividends distributed to its stock-holders on 2022-11-02.
OpenHighLowCloseVolume
01/22/2025
 7.67  7.68  7.61  7.63 
01/21/2025 7.67  7.68  7.61  7.63  345,808 
01/20/2025 7.61  7.74  7.58  7.66  332,087 
01/17/2025 7.69  7.77  7.60  7.60  496,332 
01/16/2025 7.76  7.79  7.68  7.68  551,832 
01/15/2025 7.65  7.76  7.62  7.76  520,872 
01/14/2025 7.50  7.63  7.50  7.58  461,576 
01/13/2025 7.48  7.51  7.37  7.47  396,885 
01/10/2025 7.48  7.58  7.45  7.48  311,756 
01/09/2025 7.45  7.50  7.36  7.48  596,555 
01/08/2025 7.60  7.62  7.41  7.45  621,183 
01/07/2025 7.42  7.68  7.42  7.62  589,100 
01/03/2025 7.49  7.53  7.40  7.40  444,992 
01/02/2025 7.39  7.52  7.38  7.48  581,554 
12/30/2024 7.36  7.39  7.32  7.35  812,300 
12/27/2024 7.23  7.37  7.21  7.36  699,516 
12/23/2024 7.23  7.24  7.12  7.23  634,215 
12/20/2024 7.17  7.26  7.11  7.23  890,787 
12/19/2024 7.20  7.26  7.11  7.19  727,649 
12/18/2024 7.46  7.48  7.23  7.31  1,085,650 
12/17/2024 7.52  7.54  7.40  7.46  887,404 
12/16/2024 7.62  7.64  7.45  7.57  717,957 
12/13/2024 7.63  7.67  7.53  7.62  712,211 
12/12/2024 7.63  7.66  7.58  7.63  510,679 
12/11/2024 7.48  7.60  7.44  7.60  578,867 
12/10/2024 7.55  7.57  7.47  7.48  428,587 
12/09/2024 7.49  7.56  7.47  7.55  450,981 
12/05/2024 7.40  7.47  7.39  7.47  461,661 
12/04/2024 7.28  7.42  7.28  7.38  635,068 
12/03/2024 7.34  7.37  7.27  7.27  513,031 
12/02/2024 7.35  7.40  7.30  7.33  339,507 
11/29/2024 7.42  7.44  7.32  7.37  428,132 
11/28/2024 7.37  7.49  7.34  7.43  586,056 
11/27/2024 7.24  7.37  7.07  7.37  1,104,873 
11/26/2024 7.50  7.50  7.40  7.42  424,924 
11/25/2024 7.50  7.57  7.45  7.55  656,665 
11/22/2024 7.40  7.50  7.31  7.48  464,663 
11/21/2024 7.39  7.42  7.33  7.39  612,382 
11/20/2024 7.44  7.48  7.39  7.39  426,371 
11/19/2024 7.52  7.55  7.34  7.41  603,659 
11/18/2024 7.57  7.60  7.47  7.52  671,659 
11/15/2024 7.56  7.65  7.49  7.57  627,554 
11/14/2024 7.58  7.63  7.50  7.59  450,119 
11/13/2024 7.57  7.68  7.53  7.57  619,448 
11/12/2024 7.67  7.68  7.55  7.57  653,154 
11/11/2024 7.77  7.85  7.63  7.76  451,149 
11/08/2024 7.66  7.77  7.65  7.71  420,247 
11/07/2024 7.51  7.70  7.51  7.66  562,560 
11/06/2024 7.75  7.88  7.45  7.51  1,554,556 
11/05/2024 7.83  7.84  7.65  7.71  648,741 
11/04/2024 7.81  7.88  7.77  7.83  494,246 
11/01/2024 7.65  7.85  7.65  7.79  752,188 
10/31/2024 7.90  7.91  7.55  7.62  1,660,800 
10/30/2024 8.15  8.16  7.83  7.92  1,612,252 
10/29/2024 8.14  8.49  7.83  7.96  2,005,567 
10/28/2024 8.03  8.14  8.01  8.13  522,676 
10/25/2024 8.09  8.11  7.96  8.01  456,254 
10/24/2024 8.14  8.32  8.07  8.09  452,614 
10/23/2024 8.36  8.38  8.12  8.15  577,910 
10/22/2024 8.44  8.46  8.29  8.36  301,915 
10/21/2024 8.35  8.53  8.35  8.43  418,930 

About Nokian Renkaat Stock history

Nokian Renkaat 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 Nokian is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Nokian Renkaat 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 Nokian Renkaat stock prices may prove useful in developing a viable investing in Nokian Renkaat

Nokian Renkaat Stock Technical Analysis

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

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Nokian Renkaat Technical and Predictive Indicators

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

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When running Nokian Renkaat's price analysis, check to measure Nokian Renkaat'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 Nokian Renkaat is operating at the current time. Most of Nokian Renkaat's value examination focuses on studying past and present price action to predict the probability of Nokian Renkaat's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Nokian Renkaat's price. Additionally, you may evaluate how the addition of Nokian Renkaat to your portfolios can decrease your overall portfolio volatility.
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