Marimekko Oyj (Finland) Price on October 3, 2023
If you're considering investing in Marimekko Stock, it is important to understand the factors that can impact its price. Marimekko Oyj is not too volatile at the moment. Marimekko Oyj has Sharpe Ratio of 0.0189, which conveys that the firm had a 0.0189% return per unit of risk over the last 3 months. We have found twenty-one technical indicators for Marimekko Oyj, which you can use to evaluate the volatility of the firm. Please verify Marimekko Oyj's Mean Deviation of 1.43, downside deviation of 2.36, and Risk Adjusted Performance of 0.0201 to check out if the risk estimate we provide is consistent with the expected return of 0.0381%.
Marimekko Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
Marimekko |
Sharpe Ratio = 0.0189
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| Negative Returns | MEKKO |
Estimated Market Risk
| 2.02 actual daily | 17 83% of assets are more volatile |
Expected Return
| 0.04 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| 0.02 actual daily | 1 99% of assets perform better |
Based on monthly moving average Marimekko Oyj is performing at about 1% 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 Marimekko Oyj by adding it to a well-diversified portfolio.
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.
Price Boundaries
Marimekko Oyj Period Price Range
Low | December 15, 2024
| High |
0.00 | 0.00 |
Marimekko 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.
Marimekko Oyj December 15, 2024 Market Strength
Market strength indicators help investors to evaluate how Marimekko 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 Marimekko Oyj shares will generate the highest return on investment. By undertsting and applying Marimekko Oyj stock market strength indicators, traders can identify Marimekko Oyj entry and exit signals to maximize returns
Marimekko Oyj Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Marimekko Oyj's price direction in advance. Along with the technical and fundamental analysis of Marimekko Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Marimekko 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 | 0.0201 | |||
| Jensen Alpha | 0.0016 | |||
| Total Risk Alpha | (0.22) | |||
| Sortino Ratio | (0.03) | |||
| Treynor Ratio | 0.0956 |
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Complementary Tools for Marimekko Stock analysis
When running Marimekko Oyj's price analysis, check to measure Marimekko 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 Marimekko Oyj is operating at the current time. Most of Marimekko Oyj's value examination focuses on studying past and present price action to predict the probability of Marimekko 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 Marimekko Oyj's price. Additionally, you may evaluate how the addition of Marimekko Oyj to your portfolios can decrease your overall portfolio volatility.
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