Yit Oyj Adr Stock Price on February 7, 2024
| YITYY Stock | USD 1.02 0.00 0.00% |
If you're considering investing in Yit Pink Sheet, it is important to understand the factors that can impact its price. As of today, the current price of Yit Oyj stands at 1.02, as last reported on the 9th of May, with the highest price reaching 1.02 and the lowest price hitting 1.02 during the day. Yit Oyj ADR shows Sharpe Ratio of -0.0271, which attests that the company had a -0.0271% return per unit of risk over the last 3 months. Yit Oyj ADR exposes sixteen different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please check out Yit Oyj's Market Risk Adjusted Performance of 0.1733, standard deviation of 3.79, and Mean Deviation of 0.8139 to validate the risk estimate we provide.
Yit Pink Sheet price history is provided at the adjusted basis, taking into account all of the recent filings.
Yit |
Sharpe Ratio = -0.0271
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| Negative Returns | YITYY |
Estimated Market Risk
| 3.91 actual daily | 34 66% of assets are more volatile |
Expected Return
| -0.11 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| -0.03 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Yit 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 Yit Oyj by adding Yit Oyj to a well-diversified portfolio.
Yit Oyj Valuation on February 7, 2024
It is possible to determine the worth of Yit Oyj on a given historical date. On February 7, 2024 Yit was worth 1.15 at the beginning of the trading date compared to the closed value of 1.15. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Yit Oyj pink sheet. Still, in general, we apply an absolute valuation method to find Yit 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 Yit Oyj where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Yit Oyj's related companies.
| Open | High | Low | Close | Volume | |
| 1.15 | 1.15 | 1.15 | 1.15 | 1.00 | |
02/07/2024 | 1.15 | 1.15 | 1.15 | 1.15 | 1.00 |
| 1.15 | 1.15 | 1.15 | 1.15 | 1.00 |
| Backtest Yit Oyj | | | Yit Oyj History | | | Yit Oyj Valuation | Previous | Next |
Yit Oyj Trading Date Momentum on February 7, 2024
| On February 08 2024 Yit Oyj ADR was traded for 1.15 at the closing time. The highest daily price throughout the period was 1.15 and the lowest price was 1.15 . There was no trading activity during the period 1.0. Lack of trading volume on 02/08/2024 had no short-term effect on price fluctuation. The trading price change to current closing price is 26.96% . |
Yit Oyj ADR Fundamentals Correlations and Trends
By evaluating Yit 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 Yit Oyj's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Yit financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Yit Oyj Pink Sheet history
Yit 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 Yit is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Yit Oyj ADR 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 Yit Oyj stock prices may prove useful in developing a viable investing in Yit Oyj
YIT Oyj provides construction services for industrial and public sectors, and residential customers primarily in Finland, Sweden, Norway, Russia, the Czech Republic, Slovakia, Poland, Baltic countries, and internationally. The company was founded in 1912 and is headquartered in Helsinki, Finland. Yit Oyj operates under Engineering Construction classification in the United States and is traded on OTC Exchange. It employs 6803 people.
Yit Oyj Pink Sheet Technical Analysis
Yit Oyj 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
Yit Oyj Period Price Range
Low | February 7, 2024
| High |
1.15 | 1.15 |
Yit Oyj May 9, 2024 Market Strength
Market strength indicators help investors to evaluate how Yit Oyj 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 Yit Oyj shares will generate the highest return on investment. By undertsting and applying Yit Oyj pink sheet market strength indicators, traders can identify Yit Oyj ADR entry and exit signals to maximize returns
Yit Oyj Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Yit Oyj's price direction in advance. Along with the technical and fundamental analysis of Yit Pink Sheet historical price patterns, it is also worthwhile for investors to track various predictive indicators of Yit 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 | (0.01) | |||
| Jensen Alpha | (0.06) | |||
| Total Risk Alpha | (0.59) | |||
| Treynor Ratio | 0.1633 |
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Check out Your Current Watchlist to better understand how to build diversified portfolios, which includes a position in Yit Oyj ADR. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in manufacturing. You can also try the Premium Stories module to follow Macroaxis premium stories from verified contributors across different equity types, categories and coverage scope.
Complementary Tools for Yit Pink Sheet analysis
When running Yit Oyj's price analysis, check to measure Yit 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 Yit Oyj is operating at the current time. Most of Yit Oyj's value examination focuses on studying past and present price action to predict the probability of Yit 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 Yit Oyj's price. Additionally, you may evaluate how the addition of Yit Oyj to your portfolios can decrease your overall portfolio volatility.
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