Finnair Oyj (Finland) Price on December 9, 2024
| FIA1S Stock | EUR 2.31 0.08 3.35% |
If you're considering investing in Finnair Stock, it is important to understand the factors that can impact its price. As of today, the current price of Finnair Oyj stands at 2.31, as last reported on the 15th of December 2024, with the highest price reaching 2.36 and the lowest price hitting 2.31 during the day. Finnair Oyj is unstable at the moment. Finnair Oyj secures Sharpe Ratio (or Efficiency) of 0.0046, which denotes the company had a 0.0046% return per unit of risk over the last 3 months. We have found thirty technical indicators for Finnair Oyj, which you can use to evaluate the volatility of the firm. Please confirm Finnair Oyj's Coefficient Of Variation of 3114.03, downside deviation of 2.23, and Mean Deviation of 1.62 to check if the risk estimate we provide is consistent with the expected return of 0.01%.
Finnair Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
Finnair |
Sharpe Ratio = 0.0046
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| Negative Returns | FIA1S |
Estimated Market Risk
| 2.16 actual daily | 19 81% of assets are more volatile |
Expected Return
| 0.01 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 Finnair 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 Finnair Oyj by adding Finnair Oyj to a well-diversified portfolio.
Finnair Oyj Valuation on December 9, 2024
It is possible to determine the worth of Finnair Oyj on a given historical date. On December 9, 2024 Finnair was worth 2.24 at the beginning of the trading date compared to the closed value of 2.35. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Finnair Oyj stock. Still, in general, we apply an absolute valuation method to find Finnair 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 Finnair Oyj where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Finnair Oyj's related companies.
| Open | High | Low | Close | Volume | |
| 2.13 | 2.24 | 2.13 | 2.24 | 446,873 | |
12/09/2024 | 2.24 | 2.35 | 2.23 | 2.35 | 641,225 |
| 2.35 | 2.44 | 2.34 | 2.44 | 449,381 |
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Finnair Oyj Trading Date Momentum on December 9, 2024
| On December 10 2024 Finnair Oyj was traded for 2.44 at the closing time. The highest price during the trading period was 2.44 and the lowest recorded bid was listed for 2.34 . The volume for the day was 449.4 K. This history from December 10, 2024 contributed to the next trading day price growth. The overall trading delta to the next closing price was 3.83% . The overall trading delta to the current price is 0.00% . |
Finnair Oyj Fundamentals Correlations and Trends
By evaluating Finnair 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 Finnair Oyj's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Finnair financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Finnair Oyj Stock history
Finnair 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 Finnair is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Finnair 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 Finnair Oyj stock prices may prove useful in developing a viable investing in Finnair Oyj
Finnair Oyj provides passenger and cargo airline services to various destinations between Asia and Europe. The company was founded in 1923 and is based in Vantaa, Finland. Finnair Oyj operates under Airports Air Services classification in Finland and is traded on Helsinki Exchange. It employs 6589 people.
Finnair Oyj Stock Technical Analysis
Finnair 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
Finnair Oyj Period Price Range
Low | December 15, 2024
| High |
0.00 | 0.00 |
Finnair 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.
Finnair Oyj December 15, 2024 Market Strength
Market strength indicators help investors to evaluate how Finnair 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 Finnair Oyj shares will generate the highest return on investment. By undertsting and applying Finnair Oyj stock market strength indicators, traders can identify Finnair Oyj entry and exit signals to maximize returns
Finnair Oyj Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Finnair Oyj's price direction in advance. Along with the technical and fundamental analysis of Finnair Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Finnair 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 | 0.03 | |||
| Jensen Alpha | 0.0692 | |||
| Total Risk Alpha | (0.21) | |||
| Sortino Ratio | (0.01) | |||
| Treynor Ratio | (0.65) |
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| Volume Indicators |
Complementary Tools for Finnair Stock analysis
When running Finnair Oyj's price analysis, check to measure Finnair 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 Finnair Oyj is operating at the current time. Most of Finnair Oyj's value examination focuses on studying past and present price action to predict the probability of Finnair 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 Finnair Oyj's price. Additionally, you may evaluate how the addition of Finnair Oyj to your portfolios can decrease your overall portfolio volatility.
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