Cargotec Oyj (Finland) Price on September 26, 2024
| CGCBV Stock | EUR 53.86 0.33 0.61% |
If you're considering investing in Cargotec Stock, it is important to understand the factors that can impact its price. As of today, the current price of Cargotec Oyj stands at 53.86, as last reported on the 14th of December 2024, with the highest price reaching 54.69 and the lowest price hitting 53.55 during the day. Cargotec Oyj appears to be very steady, given 3 months investment horizon. Cargotec Oyj secures Sharpe Ratio (or Efficiency) of 0.13, which signifies that the company had a 0.13% return per unit of risk over the last 3 months. We have found twenty-nine technical indicators for Cargotec Oyj, which you can use to evaluate the volatility of the firm. Please makes use of Cargotec Oyj's Mean Deviation of 1.56, risk adjusted performance of 0.1012, and Downside Deviation of 1.76 to double-check if our risk estimates are consistent with your expectations.
Cargotec Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
Cargotec |
Sharpe Ratio = 0.125
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Estimated Market Risk
| 2.24 actual daily | 19 81% of assets are more volatile |
Expected Return
| 0.28 actual daily | 5 95% of assets have higher returns |
Risk-Adjusted Return
| 0.13 actual daily | 9 91% of assets perform better |
Based on monthly moving average Cargotec Oyj is performing at about 9% of its full potential. 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 Cargotec Oyj by adding it to a well-diversified portfolio.
Cargotec Oyj Valuation on September 26, 2024
It is possible to determine the worth of Cargotec Oyj on a given historical date. On September 26, 2024 Cargotec was worth 51.97 at the beginning of the trading date compared to the closed value of 53.89. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Cargotec Oyj stock. Still, in general, we apply an absolute valuation method to find Cargotec 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 Cargotec Oyj where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Cargotec Oyj's related companies.
| Open | High | Low | Close | Volume | |
| 50.33 | 51.30 | 50.33 | 50.97 | 69,695 | |
09/26/2024 | 51.97 | 53.89 | 51.95 | 53.89 | 98,775 |
| 53.67 | 53.85 | 52.46 | 52.75 | 76,454 |
| Backtest Cargotec Oyj | | | Cargotec Oyj History | | | Cargotec Oyj Valuation | Previous | Next |
Cargotec Oyj Trading Date Momentum on September 26, 2024
| On September 27 2024 Cargotec Oyj was traded for 52.75 at the closing time. The highest price during the trading period was 53.85 and the lowest recorded bid was listed for 52.46 . The volume for the day was 76.5 K. This history from September 27, 2024 contributed to the next trading day price decline. The overall trading delta to the next closing price was 2.12% . The overall trading delta to the current price is 0.72% . |
Cargotec Oyj Fundamentals Correlations and Trends
By evaluating Cargotec 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 Cargotec Oyj's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Cargotec financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Cargotec Oyj Stock history
Cargotec 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 Cargotec is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Cargotec 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 Cargotec Oyj stock prices may prove useful in developing a viable investing in Cargotec Oyj
Cargotec Corporation provides cargo and load handling solutions worldwide. The company serves ports, terminals, distribution centers, fleet operators, single truck owners, and small fleet owners. Cargotec Oyj operates under Power Nuclear And Heavy Engineering classification in Finland and is traded on Helsinki Exchange. It employs 12335 people.
Cargotec Oyj Stock Technical Analysis
Cargotec 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
Cargotec Oyj Period Price Range
Low | December 14, 2024
| High |
0.00 | 0.00 |
Cargotec 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.
Cargotec Oyj December 14, 2024 Market Strength
Market strength indicators help investors to evaluate how Cargotec 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 Cargotec Oyj shares will generate the highest return on investment. By undertsting and applying Cargotec Oyj stock market strength indicators, traders can identify Cargotec Oyj entry and exit signals to maximize returns
Cargotec Oyj Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Cargotec Oyj's price direction in advance. Along with the technical and fundamental analysis of Cargotec Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Cargotec 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 | 0.1012 | |||
| Jensen Alpha | 0.2467 | |||
| Total Risk Alpha | 0.0033 | |||
| Sortino Ratio | 0.1074 | |||
| Treynor Ratio | 0.7649 |
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| Volume Indicators |
Complementary Tools for Cargotec Stock analysis
When running Cargotec Oyj's price analysis, check to measure Cargotec 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 Cargotec Oyj is operating at the current time. Most of Cargotec Oyj's value examination focuses on studying past and present price action to predict the probability of Cargotec 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 Cargotec Oyj's price. Additionally, you may evaluate how the addition of Cargotec Oyj to your portfolios can decrease your overall portfolio volatility.
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