Talenom Oyj (Finland) Price on September 22, 2023

TNOM Stock  EUR 3.75  0.21  5.93%   
If you're considering investing in Talenom Stock, it is important to understand the factors that can impact its price. As of today, the current price of Talenom Oyj stands at 3.75, as last reported on the 21st of December, with the highest price reaching 3.79 and the lowest price hitting 3.51 during the day. Talenom Oyj owns Efficiency Ratio (i.e., Sharpe Ratio) of -0.15, which indicates the firm had a -0.15% return per unit of risk over the last 3 months. Talenom Oyj exposes twenty-four different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please validate Talenom Oyj's Risk Adjusted Performance of (0.12), coefficient of variation of (645.00), and Variance of 7.05 to confirm the risk estimate we provide.
  
Talenom Stock price history is provided at the adjusted basis, taking into account all of the recent filings.

Sharpe Ratio = -0.1541

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Estimated Market Risk

 2.69
  actual daily
23
77% of assets are more volatile

Expected Return

 -0.42
  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 Talenom 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 Talenom Oyj by adding Talenom Oyj to a well-diversified portfolio.

Talenom Oyj Valuation on September 22, 2023

It is possible to determine the worth of Talenom Oyj on a given historical date. On September 22, 2023 Talenom was worth 5.3 at the beginning of the trading date compared to the closed value of 5.15. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Talenom Oyj stock. Still, in general, we apply an absolute valuation method to find Talenom 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 Talenom Oyj where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Talenom Oyj's related companies.
 Open High Low Close Volume
  5.41    5.48    5.31    5.32    26,987  
09/22/2023
  5.30    5.32    5.11    5.15    58,163  
  5.14    5.28    5.14    5.17    54,710  
Backtest Talenom Oyj  |  Talenom Oyj History  |  Talenom Oyj Valuation   PreviousNext  
Open Value
5.3
5.15
Closing Value
13.38
Upside

Talenom Oyj Trading Date Momentum on September 22, 2023

On September 25 2023 Talenom Oyj was traded for  5.17  at the closing time. The highest price during the trading period was 5.28  and the lowest recorded bid was listed for  5.14 . The volume for the day was 54.7 K. This history from September 25, 2023 contributed to the next trading day price growth. The trading price change to the next closing price was 0.39% . The trading price change to the current price is 2.33% .

Talenom Oyj Fundamentals Correlations and Trends

By evaluating Talenom 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 Talenom Oyj's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Talenom financial account trend analysis is a perfect complement when working with valuation or volatility modules.

About Talenom Oyj Stock history

Talenom 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 Talenom is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Talenom 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 Talenom Oyj stock prices may prove useful in developing a viable investing in Talenom Oyj
Talenom Oyj provides accounting services for small and medium enterprises in Finland. Talenom Oyj was founded in 1972 and is based in Oulu, Finland. Talenom Oyj is traded on Helsinki Exchange in Finland.

Talenom Oyj Stock Technical Analysis

Talenom 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.
A focus of Talenom Oyj technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of Talenom Oyj trading pattern rather than external drivers such as economic, fundamental, or social events. It is believed that price action tends to repeat itself due to investors' collective, patterned behavior. Hence technical analysis focuses on identifiable price trends and conditions. More Info...

Price Boundaries

Talenom Oyj Period Price Range

Low
December 21, 2024
0.00  NaN%
High

 0.00 

     

 0.00 

Talenom 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.

Talenom Oyj December 21, 2024 Market Strength

Market strength indicators help investors to evaluate how Talenom 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 Talenom Oyj shares will generate the highest return on investment. By undertsting and applying Talenom Oyj stock market strength indicators, traders can identify Talenom Oyj entry and exit signals to maximize returns

Talenom Oyj Technical and Predictive Indicators

Predictive indicators are helping investors to find signals for Talenom Oyj's price direction in advance. Along with the technical and fundamental analysis of Talenom Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Talenom 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.

Complementary Tools for Talenom Stock analysis

When running Talenom Oyj's price analysis, check to measure Talenom 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 Talenom Oyj is operating at the current time. Most of Talenom Oyj's value examination focuses on studying past and present price action to predict the probability of Talenom 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 Talenom Oyj's price. Additionally, you may evaluate how the addition of Talenom Oyj to your portfolios can decrease your overall portfolio volatility.
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