Sanoma Oyj (Finland) Price on October 26, 2023
| SANOMA Stock | 7.58 0.22 2.99% |
If you're considering investing in Sanoma Stock, it is important to understand the factors that can impact its price. As of today, the current price of Sanoma Oyj stands at 7.58, as last reported on the 16th of December 2024, with the highest price reaching 7.63 and the lowest price hitting 7.49 during the day. Sanoma Oyj appears to be not too volatile, given 3 months investment horizon. Sanoma Oyj owns Efficiency Ratio (i.e., Sharpe Ratio) of 0.17, which indicates the firm had a 0.17% return per unit of risk over the last 3 months. We have found twenty-nine technical indicators for Sanoma Oyj, which you can use to evaluate the volatility of the company. Please review Sanoma Oyj's Semi Deviation of 1.18, risk adjusted performance of 0.1396, and Coefficient Of Variation of 539.63 to confirm if our risk estimates are consistent with your expectations.
Sanoma Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
Sanoma |
Sharpe Ratio = 0.1742
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Estimated Market Risk
| 1.5 actual daily | 13 87% of assets are more volatile |
Expected Return
| 0.26 actual daily | 5 95% of assets have higher returns |
Risk-Adjusted Return
| 0.17 actual daily | 13 87% of assets perform better |
Based on monthly moving average Sanoma Oyj is performing at about 13% 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 Sanoma Oyj by adding it to a well-diversified portfolio.
Sanoma Oyj Valuation on October 26, 2023
It is possible to determine the worth of Sanoma Oyj on a given historical date. On October 26, 2023 Sanoma was worth 6.53 at the beginning of the trading date compared to the closed value of 7.06. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Sanoma Oyj stock. Still, in general, we apply an absolute valuation method to find Sanoma 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 Sanoma Oyj where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Sanoma Oyj's related companies.
| Open | High | Low | Close | Volume | |
| 6.39 | 6.40 | 6.30 | 6.30 | 40,241 | |
10/26/2023 | 6.53 | 7.16 | 6.39 | 7.06 | 417,787 |
| 6.94 | 6.96 | 6.50 | 6.69 | 150,580 |
| Backtest Sanoma Oyj | | | Sanoma Oyj History | | | Sanoma Oyj Valuation | Previous | Next |
Sanoma Oyj Trading Date Momentum on October 26, 2023
| On October 27 2023 Sanoma Oyj was traded for 6.69 at the closing time. The highest price during the trading period was 6.96 and the lowest recorded bid was listed for 6.50 . The volume for the day was 150.6 K. This history from October 27, 2023 contributed to the next trading day price decline. The trading price change to the next closing price was 5.24% . The trading price change to the current price is 4.11% . |
Sanoma Oyj Fundamentals Correlations and Trends
By evaluating Sanoma 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 Sanoma Oyj's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Sanoma financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Sanoma Oyj Stock history
Sanoma 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 Sanoma is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Sanoma 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 Sanoma Oyj stock prices may prove useful in developing a viable investing in Sanoma Oyj
Sanoma Oyj Stock Technical Analysis
Sanoma 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
Sanoma Oyj Period Price Range
Low | December 16, 2024
| High |
0.00 | 0.00 |
Sanoma 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.
Sanoma Oyj December 16, 2024 Market Strength
Market strength indicators help investors to evaluate how Sanoma 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 Sanoma Oyj shares will generate the highest return on investment. By undertsting and applying Sanoma Oyj stock market strength indicators, traders can identify Sanoma Oyj entry and exit signals to maximize returns
Sanoma Oyj Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Sanoma Oyj's price direction in advance. Along with the technical and fundamental analysis of Sanoma Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Sanoma 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 | 0.1396 | |||
| Jensen Alpha | 0.249 | |||
| Total Risk Alpha | 0.0822 | |||
| Sortino Ratio | 0.123 | |||
| Treynor Ratio | 1.17 |
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| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
Complementary Tools for Sanoma Stock analysis
When running Sanoma Oyj's price analysis, check to measure Sanoma 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 Sanoma Oyj is operating at the current time. Most of Sanoma Oyj's value examination focuses on studying past and present price action to predict the probability of Sanoma 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 Sanoma Oyj's price. Additionally, you may evaluate how the addition of Sanoma Oyj to your portfolios can decrease your overall portfolio volatility.
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