KONE Oyj (Finland) Price on July 24, 2024
KNEBV Stock | EUR 48.12 0.99 2.02% |
If you're considering investing in KONE Stock, it is important to understand the factors that can impact its price. As of today, the current price of KONE Oyj stands at 48.12, as last reported on the 14th of December 2024, with the highest price reaching 49.02 and the lowest price hitting 47.98 during the day. KONE Oyj has Sharpe Ratio of -0.0359, which conveys that the firm had a -0.0359% return per unit of volatility over the last 3 months. KONE Oyj exposes twenty-two different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please verify KONE Oyj's risk adjusted performance of (0.02), and Mean Deviation of 0.9843 to check out the risk estimate we provide.
KONE Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
KONE |
Sharpe Ratio = -0.0359
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Estimated Market Risk
1.29 actual daily | 11 89% of assets are more volatile |
Expected Return
-0.05 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
-0.04 actual daily | 0 Most of other assets perform better |
Based on monthly moving average KONE 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 KONE Oyj by adding KONE Oyj to a well-diversified portfolio.
KONE Oyj Valuation on July 24, 2024
It is possible to determine the worth of KONE Oyj on a given historical date. On July 24, 2024 KONE was worth 46.0 at the beginning of the trading date compared to the closed value of 45.57. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of KONE Oyj stock. Still, in general, we apply an absolute valuation method to find KONE 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 KONE Oyj where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against KONE Oyj's related companies.
Open | High | Low | Close | Volume | |
46.46 | 46.96 | 46.12 | 46.28 | 481,415 | |
07/24/2024 | 46.00 | 46.00 | 44.93 | 45.57 | 453,556 |
45.11 | 45.86 | 44.83 | 45.63 | 308,685 |
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KONE Oyj Trading Date Momentum on July 24, 2024
On July 25 2024 KONE Oyj was traded for 45.63 at the closing time. The highest price during the trading period was 45.86 and the lowest recorded bid was listed for 44.83 . The volume for the day was 308.7 K. This history from July 25, 2024 contributed to the next trading day price growth. The trading delta at closing time to the next closing price was 0.13% . The trading delta at closing time to the current price is 0.94% . |
KONE Oyj Fundamentals Correlations and Trends
By evaluating KONE 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 KONE Oyj's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. KONE financial account trend analysis is a perfect complement when working with valuation or volatility modules.About KONE Oyj Stock history
KONE 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 KONE is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in KONE 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 KONE Oyj stock prices may prove useful in developing a viable investing in KONE Oyj
KONE Oyj, together with its subsidiaries, engages in the elevator and escalator business. KONE Oyj was founded in 1910 and is headquartered in Helsinki, Finland. KONE operates under Diversified Industrials classification in Finland and is traded on Helsinki Exchange. It employs 58051 people.
KONE Oyj Stock Technical Analysis
KONE 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
KONE Oyj Period Price Range
Low | December 14, 2024
| High |
0.00 | 0.00 |
KONE 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.
KONE Oyj December 14, 2024 Market Strength
Market strength indicators help investors to evaluate how KONE 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 KONE Oyj shares will generate the highest return on investment. By undertsting and applying KONE Oyj stock market strength indicators, traders can identify KONE Oyj entry and exit signals to maximize returns
KONE Oyj Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for KONE Oyj's price direction in advance. Along with the technical and fundamental analysis of KONE Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of KONE 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 | (0.05) | |||
Total Risk Alpha | (0.21) | |||
Treynor Ratio | 1.25 |
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Complementary Tools for KONE Stock analysis
When running KONE Oyj's price analysis, check to measure KONE 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 KONE Oyj is operating at the current time. Most of KONE Oyj's value examination focuses on studying past and present price action to predict the probability of KONE 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 KONE Oyj's price. Additionally, you may evaluate how the addition of KONE Oyj to your portfolios can decrease your overall portfolio volatility.
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