Oji Holdings (Germany) Price on November 6, 2024
| OJI Stock | EUR 3.58 0.10 2.72% |
If you're considering investing in Oji Stock, it is important to understand the factors that can impact its price. As of today, the current price of Oji Holdings stands at 3.58, as last reported on the 22nd of December, with the highest price reaching 3.58 and the lowest price hitting 3.58 during the day. At this point, Oji Holdings is slightly risky. Oji Holdings maintains Sharpe Ratio (i.e., Efficiency) of 0.0078, which implies the firm had a 0.0078% return per unit of risk over the last 3 months. We have found twenty-eight technical indicators for Oji Holdings, which you can use to evaluate the volatility of the company. Please check Oji Holdings' Semi Deviation of 1.16, coefficient of variation of 37772.37, and Risk Adjusted Performance of 0.0072 to confirm if the risk estimate we provide is consistent with the expected return of 0.0127%.
Oji Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
Oji |
Sharpe Ratio = 0.0078
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Estimated Market Risk
| 1.62 actual daily | 14 86% of assets are more volatile |
Expected Return
| 0.01 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| 0.01 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Oji Holdings 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 Oji Holdings by adding Oji Holdings to a well-diversified portfolio.
Oji Holdings Valuation on November 6, 2024
It is possible to determine the worth of Oji Holdings on a given historical date. On November 6, 2024 Oji was worth 3.44 at the beginning of the trading date compared to the closed value of 3.44. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Oji Holdings stock. Still, in general, we apply an absolute valuation method to find Oji Holdings' 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 Oji Holdings where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Oji Holdings' related companies.
| Open | High | Low | Close | Volume | |
| 3.38 | 3.38 | 3.38 | 3.38 | 1.00 | |
11/06/2024 | 3.44 | 3.44 | 3.44 | 3.44 | 1.00 |
| 3.42 | 3.42 | 3.42 | 3.42 | 1.00 |
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Oji Holdings Trading Date Momentum on November 6, 2024
| On November 07 2024 Oji Holdings was traded for 3.42 at the closing time. The highest daily price throughout the period was 3.42 and the lowest price was 3.42 . There was no trading activity during the period 1.0. Lack of trading volume on 11/07/2024 added to the next day price reduction. The trading delta at closing time to closing price of the next trading day was 0.58% . The trading delta at closing time to current closing price is 2.33% . |
Oji Holdings Fundamentals Correlations and Trends
By evaluating Oji Holdings' financials over time, investors can gain insight into future company performance. However, you can also analyze the published financial statements to find patterns among Oji Holdings' main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Oji financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Oji Holdings Stock history
Oji Holdings 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 Oji is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Oji Holdings 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 Oji Holdings stock prices may prove useful in developing a viable investing in Oji Holdings
Oji Holdings Corporation, together with its subsidiaries, engages in the pulp and paper business Japan and internationally. Oji Holdings Corporation was founded in 1873 and is headquartered in Tokyo, Japan. OJI HOLDINGS operates under Paper Paper Products classification in Germany and is traded on Frankfurt Stock Exchange. It employs 36309 people.
Oji Holdings Stock Technical Analysis
Oji Holdings 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
Oji Holdings Period Price Range
Low | December 22, 2024
| High |
0.00 | 0.00 |
Oji Holdings cannot be verified against its exchange. Please verify the symbol is currently traded on Frankfurt 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.
Oji Holdings December 22, 2024 Market Strength
Market strength indicators help investors to evaluate how Oji Holdings stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Oji Holdings shares will generate the highest return on investment. By undertsting and applying Oji Holdings stock market strength indicators, traders can identify Oji Holdings entry and exit signals to maximize returns
Oji Holdings Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Oji Holdings' price direction in advance. Along with the technical and fundamental analysis of Oji Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Oji 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 | 0.0072 | |||
| Jensen Alpha | (0) | |||
| Total Risk Alpha | (0.05) | |||
| Sortino Ratio | (0.02) | |||
| Treynor Ratio | 0.0761 |
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Complementary Tools for Oji Stock analysis
When running Oji Holdings' price analysis, check to measure Oji Holdings' 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 Oji Holdings is operating at the current time. Most of Oji Holdings' value examination focuses on studying past and present price action to predict the probability of Oji Holdings' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Oji Holdings' price. Additionally, you may evaluate how the addition of Oji Holdings to your portfolios can decrease your overall portfolio volatility.
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