Stora Enso Oyj Price on June 23, 2023
SEOAYDelisted Stock | USD 11.20 0.15 1.32% |
If you're considering investing in Stora Pink Sheet, it is important to understand the factors that can impact its price. As of today, the current price of Stora Enso stands at 11.20, as last reported on the 14th of December 2024, with the highest price reaching 11.45 and the lowest price hitting 11.20 during the day. We have found twenty-three technical indicators for Stora Enso Oyj, which you can use to evaluate the volatility of the company. Please validate Stora Enso's Risk Adjusted Performance of (0.05), coefficient of variation of (1,296), and Variance of 5.2 to confirm if the risk estimate we provide is consistent with the expected return of 0.0%.
Stora Pink Sheet price history is provided at the adjusted basis, taking into account all of the recent filings.
Stora |
Sharpe Ratio = 0.0
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Based on monthly moving average Stora Enso 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 Stora Enso by adding Stora Enso to a well-diversified portfolio.
Stora Enso Valuation on June 23, 2023
It is possible to determine the worth of Stora Enso on a given historical date. On June 23, 2023 Stora was worth 11.5 at the beginning of the trading date compared to the closed value of 11.45. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Stora Enso pink sheet. Still, in general, we apply an absolute valuation method to find Stora Enso'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 Stora Enso where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Stora Enso's related companies.
Open | High | Low | Close | Volume | |
11.77 | 11.77 | 11.60 | 11.63 | 68,700 | |
06/23/2023 | 11.50 | 11.54 | 11.45 | 11.45 | 70,322 |
11.51 | 11.68 | 11.45 | 11.65 | 92,400 |
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Stora Enso Trading Date Momentum on June 23, 2023
On June 26 2023 Stora Enso Oyj was traded for 11.65 at the closing time. The highest daily price throughout the period was 11.68 and the lowest price was 11.45 . The daily volume was 92.4 K. The net trading volume on 06/26/2023 added to the next day price jump. The trading price change to closing price of the next trading day was 1.75% . The trading price change to current closing price is 2.18% . |
Stora Enso Oyj Fundamentals Correlations and Trends
By evaluating Stora Enso'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 Stora Enso's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Stora financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Stora Enso Pink Sheet history
Stora Enso 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 Stora is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Stora Enso 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 Stora Enso stock prices may prove useful in developing a viable investing in Stora Enso
Stora Enso Oyj provides renewable solutions for the packaging, biomaterials, wooden constructions, and paper industries worldwide. The company was incorporated in 1996 and is headquartered in Helsinki, Finland. STORA ENSO operates under Paper Paper Products classification in the United States and is traded on OTC Exchange. It employs 22000 people.
Stora Enso Pink Sheet Technical Analysis
Stora Enso technical pink sheet 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, pink sheet market cycles, or different charting patterns.
Price Boundaries
Stora Enso Period Price Range
Low | December 14, 2024
| High |
0.00 | 0.00 |
Stora Enso Oyj cannot be verified against its exchange. Please verify the symbol is currently traded on PINK 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.
Stora Enso December 14, 2024 Market Strength
Market strength indicators help investors to evaluate how Stora Enso pink sheet reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Stora Enso shares will generate the highest return on investment. By undertsting and applying Stora Enso pink sheet market strength indicators, traders can identify Stora Enso Oyj entry and exit signals to maximize returns
Stora Enso Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Stora Enso's price direction in advance. Along with the technical and fundamental analysis of Stora Pink Sheet historical price patterns, it is also worthwhile for investors to track various predictive indicators of Stora 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 | (0.05) | |||
Jensen Alpha | (0.23) | |||
Total Risk Alpha | (0.47) | |||
Treynor Ratio | (0.37) |
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Check out World Market Map to better understand how to build diversified portfolios. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in nation. You can also try the Premium Stories module to follow Macroaxis premium stories from verified contributors across different equity types, categories and coverage scope.
Other Consideration for investing in Stora Pink Sheet
If you are still planning to invest in Stora Enso Oyj check if it may still be traded through OTC markets such as Pink Sheets or OTC Bulletin Board. You may also purchase it directly from the company, but this is not always possible and may require contacting the company directly. Please note that delisted stocks are often considered to be more risky investments, as they are no longer subject to the same regulatory and reporting requirements as listed stocks. Therefore, it is essential to carefully research the Stora Enso's history and understand the potential risks before investing.
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