Tecnotree Oyj (Finland) Price on December 11, 2024
TEM1V Stock | EUR 2.69 0.05 1.89% |
If you're considering investing in Tecnotree Stock, it is important to understand the factors that can impact its price. As of today, the current price of Tecnotree Oyj stands at 2.69, as last reported on the 13th of December 2024, with the highest price reaching 2.76 and the lowest price hitting 2.63 during the day. Tecnotree Oyj owns Efficiency Ratio (i.e., Sharpe Ratio) of -0.14, which indicates the firm had a -0.14% return per unit of risk over the last 3 months. Tecnotree Oyj exposes twenty-two different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please validate Tecnotree Oyj's Risk Adjusted Performance of (0.07), variance of 4.83, and Coefficient Of Variation of (920.60) to confirm the risk estimate we provide.
Tecnotree Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
Tecnotree |
Sharpe Ratio = -0.1393
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Estimated Market Risk
2.19 actual daily | 19 81% of assets are more volatile |
Expected Return
-0.3 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
-0.14 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Tecnotree Oyj 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 Tecnotree Oyj by adding Tecnotree Oyj to a well-diversified portfolio.
Tecnotree Oyj Valuation on December 11, 2024
It is possible to determine the worth of Tecnotree Oyj on a given historical date. On December 11, 2024 Tecnotree was worth 2.65 at the beginning of the trading date compared to the closed value of 2.64. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Tecnotree Oyj stock. Still, in general, we apply an absolute valuation method to find Tecnotree 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 Tecnotree Oyj where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Tecnotree Oyj's related companies.
Open | High | Low | Close | Volume | |
2.70 | 2.70 | 2.64 | 2.67 | 7,738 | |
12/11/2024 | 2.65 | 2.67 | 2.62 | 2.64 | 31,802 |
2.63 | 2.76 | 2.63 | 2.69 | 18,092 |
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Tecnotree Oyj Trading Date Momentum on December 11, 2024
On December 12 2024 Tecnotree Oyj was traded for 2.69 at the closing time. The highest price during the trading period was 2.76 and the lowest recorded bid was listed for 2.63 . The volume for the day was 18.1 K. This history from December 12, 2024 contributed to the next trading day price growth. The trading price change to the next closing price was 1.89% . The trading price change to the current price is 0.38% . |
Tecnotree Oyj Fundamentals Correlations and Trends
By evaluating Tecnotree 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 Tecnotree Oyj's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Tecnotree financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Tecnotree Oyj Stock history
Tecnotree 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 Tecnotree is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Tecnotree 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 Tecnotree Oyj stock prices may prove useful in developing a viable investing in Tecnotree Oyj
Tecnotree Oyj provides telecom IT software products and solutions in the Americas, Europe, the Middle East, Africa, and the Asia Pacific. The company was founded in 1978 and is headquartered in Espoo, Finland. Tecnotree operates under Software - Application classification in Finland and is traded on Helsinki Exchange. It employs 529 people.
Tecnotree Oyj Stock Technical Analysis
Tecnotree 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
Tecnotree Oyj Period Price Range
Low | December 13, 2024
| High |
0.00 | 0.00 |
Tecnotree 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.
Tecnotree Oyj December 13, 2024 Market Strength
Market strength indicators help investors to evaluate how Tecnotree 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 Tecnotree Oyj shares will generate the highest return on investment. By undertsting and applying Tecnotree Oyj stock market strength indicators, traders can identify Tecnotree Oyj entry and exit signals to maximize returns
Tecnotree Oyj Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Tecnotree Oyj's price direction in advance. Along with the technical and fundamental analysis of Tecnotree Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Tecnotree 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 | (0.07) | |||
Jensen Alpha | (0.22) | |||
Total Risk Alpha | (0.56) | |||
Treynor Ratio | 1.01 |
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Complementary Tools for Tecnotree Stock analysis
When running Tecnotree Oyj's price analysis, check to measure Tecnotree 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 Tecnotree Oyj is operating at the current time. Most of Tecnotree Oyj's value examination focuses on studying past and present price action to predict the probability of Tecnotree 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 Tecnotree Oyj's price. Additionally, you may evaluate how the addition of Tecnotree Oyj to your portfolios can decrease your overall portfolio volatility.
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