Oma Saastopankki (Finland) Price on October 11, 2024
OMASP Stock | 10.42 0.20 1.88% |
If you're considering investing in Oma Stock, it is important to understand the factors that can impact its price. As of today, the current price of Oma Saastopankki stands at 10.42, as last reported on the 15th of December 2024, with the highest price reaching 10.68 and the lowest price hitting 10.42 during the day. Oma Saastopankki Oyj maintains Sharpe Ratio (i.e., Efficiency) of -0.15, which implies the firm had a -0.15% return per unit of risk over the last 3 months. Oma Saastopankki Oyj exposes twenty-four different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please check Oma Saastopankki's Risk Adjusted Performance of (0.1), coefficient of variation of (695.62), and Variance of 5.83 to confirm the risk estimate we provide.
Oma Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
Oma |
Sharpe Ratio = -0.1476
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Estimated Market Risk
2.42 actual daily | 21 79% of assets are more volatile |
Expected Return
-0.36 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
-0.15 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Oma Saastopankki 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 Oma Saastopankki by adding Oma Saastopankki to a well-diversified portfolio.
Oma Saastopankki Valuation on October 11, 2024
It is possible to determine the worth of Oma Saastopankki on a given historical date. On October 11, 2024 Oma was worth 14.18 at the beginning of the trading date compared to the closed value of 14.18. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Oma Saastopankki stock. Still, in general, we apply an absolute valuation method to find Oma Saastopankki'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 Oma Saastopankki where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Oma Saastopankki's related companies.
Open | High | Low | Close | Volume | |
14.06 | 14.22 | 13.96 | 14.06 | 7,131 | |
10/11/2024 | 14.18 | 14.26 | 14.10 | 14.18 | 10,100 |
14.18 | 14.18 | 13.76 | 13.84 | 15,980 |
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Oma Saastopankki Trading Date Momentum on October 11, 2024
On October 14 2024 Oma Saastopankki Oyj was traded for 13.84 at the closing time. The highest price during the trading period was 14.18 and the lowest recorded bid was listed for 13.76 . The volume for the day was 16 K. This history from October 14, 2024 contributed to the next trading day price decline. The trading delta at closing time to the next closing price was 2.40% . The trading delta at closing time to the current price is 4.09% . |
Oma Saastopankki Oyj Fundamentals Correlations and Trends
By evaluating Oma Saastopankki'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 Oma Saastopankki's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Oma financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Oma Saastopankki Stock history
Oma Saastopankki 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 Oma is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Oma Saastopankki 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 Oma Saastopankki stock prices may prove useful in developing a viable investing in Oma Saastopankki
Oma Saastopankki Stock Technical Analysis
Oma Saastopankki 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
Oma Saastopankki Period Price Range
Low | December 15, 2024
| High |
0.00 | 0.00 |
Oma Saastopankki 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.
Oma Saastopankki December 15, 2024 Market Strength
Market strength indicators help investors to evaluate how Oma Saastopankki stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Oma Saastopankki shares will generate the highest return on investment. By undertsting and applying Oma Saastopankki stock market strength indicators, traders can identify Oma Saastopankki Oyj entry and exit signals to maximize returns
Oma Saastopankki Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Oma Saastopankki's price direction in advance. Along with the technical and fundamental analysis of Oma Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Oma 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 | (0.1) | |||
Jensen Alpha | (0.34) | |||
Total Risk Alpha | (0.66) | |||
Treynor Ratio | 1.84 |
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Volume Indicators |
Complementary Tools for Oma Stock analysis
When running Oma Saastopankki's price analysis, check to measure Oma Saastopankki'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 Oma Saastopankki is operating at the current time. Most of Oma Saastopankki's value examination focuses on studying past and present price action to predict the probability of Oma Saastopankki's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Oma Saastopankki's price. Additionally, you may evaluate how the addition of Oma Saastopankki to your portfolios can decrease your overall portfolio volatility.
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