Bittium Oyj Stock Five Year Return
| BITTI Stock | EUR 6.10 0.28 4.81% |
Bittium Oyj fundamentals help investors to digest information that contributes to Bittium Oyj's financial success or failures. It also enables traders to predict the movement of Bittium Stock. The fundamental analysis module provides a way to measure Bittium Oyj's intrinsic value by examining its available economic and financial indicators, including the cash flow records, the balance sheet account changes, the income statement patterns, and various microeconomic indicators and financial ratios related to Bittium Oyj stock.
Bittium |
Bittium Oyj Company Five Year Return Analysis
Bittium Oyj's Five Year Return is considered one of the best measures to evaluate fund performance, especially from the mid and long term perspective. It shows the total annualized return generated from holding equity for the last five years and represents capital appreciation of the investment, including all dividends, losses, and capital gains distributions.
More About Five Year Return | All Equity Analysis
Five Year Return | = | (Mean of Monthly Returns - 1) | X | 100% |
Current Bittium Oyj Five Year Return | 0.74 % |
Most of Bittium Oyj's fundamental indicators, such as Five Year Return, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, Bittium Oyj is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Although Five Year Returns can give a sense of overall investment potential, it is recommended to compare equity performance with similar assets for the same five year time interval. Similarly, comparing overall investment performance over the last five years with the appropriate market index is a great way to determine how this equity instrument will perform during unforeseen market fluctuations.
| Competition |
According to the company disclosure, Bittium Oyj has a Five Year Return of 0.74%. This is much higher than that of the Software sector and significantly higher than that of the Information Technology industry. The five year return for all Finland stocks is notably lower than that of the firm.
Did you try this?
Run Watchlist Optimization Now
Watchlist OptimizationOptimize watchlists to build efficient portfolios or rebalance existing positions based on the mean-variance optimization algorithm |
| All Next | Launch Module |
Bittium Fundamentals
| Return On Equity | 0.0026 | |||
| Return On Asset | 0.0019 | |||
| Profit Margin | 0 % | |||
| Operating Margin | 0.01 % | |||
| Current Valuation | 126.05 M | |||
| Shares Outstanding | 35.7 M | |||
| Shares Owned By Insiders | 22.37 % | |||
| Shares Owned By Institutions | 16.52 % | |||
| Price To Earning | 37.85 X | |||
| Price To Book | 1.09 X | |||
| Price To Sales | 1.51 X | |||
| Revenue | 82.5 M | |||
| Gross Profit | 26 M | |||
| EBITDA | 11.2 M | |||
| Net Income | 300 K | |||
| Cash And Equivalents | 33.5 M | |||
| Cash Per Share | 0.94 X | |||
| Total Debt | 20 M | |||
| Debt To Equity | 21.30 % | |||
| Current Ratio | 3.47 X | |||
| Book Value Per Share | 2.31 X | |||
| Cash Flow From Operations | 8 M | |||
| Earnings Per Share | 0.10 X | |||
| Price To Earnings To Growth | (3.76) X | |||
| Target Price | 4.6 | |||
| Number Of Employees | 625 | |||
| Beta | 0.7 | |||
| Market Capitalization | 146.02 M | |||
| Total Asset | 169.7 M | |||
| Z Score | 4.2 | |||
| Annual Yield | 0.01 % | |||
| Five Year Return | 0.74 % | |||
| Net Asset | 169.7 M |
About Bittium Oyj Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Bittium Oyj's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Bittium Oyj using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Bittium Oyj based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.
Pair Trading with Bittium Oyj
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Bittium Oyj position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Bittium Oyj will appreciate offsetting losses from the drop in the long position's value.Moving together with Bittium Stock
| 0.72 | OPTOMED | OptomedPLC | PairCorr |
| 0.67 | TEM1V | Tecnotree Oyj Split | PairCorr |
| 0.65 | ROBIT | Robit Oyj | PairCorr |
Moving against Bittium Stock
| 0.65 | NXTMH | Nexstim Oyj | PairCorr |
The ability to find closely correlated positions to Bittium Oyj could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Bittium Oyj when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Bittium Oyj - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Bittium Oyj to buy it.
The correlation of Bittium Oyj is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Bittium Oyj moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Bittium Oyj moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Bittium Oyj can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Bittium Oyj. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in gross domestic product. You can also try the My Watchlist Analysis module to analyze my current watchlist and to refresh optimization strategy. Macroaxis watchlist is based on self-learning algorithm to remember stocks you like.
Complementary Tools for Bittium Stock analysis
When running Bittium Oyj's price analysis, check to measure Bittium 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 Bittium Oyj is operating at the current time. Most of Bittium Oyj's value examination focuses on studying past and present price action to predict the probability of Bittium 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 Bittium Oyj's price. Additionally, you may evaluate how the addition of Bittium Oyj to your portfolios can decrease your overall portfolio volatility.
| Portfolio Center All portfolio management and optimization tools to improve performance of your portfolios | |
| Economic Indicators Top statistical indicators that provide insights into how an economy is performing | |
| Earnings Calls Check upcoming earnings announcements updated hourly across public exchanges | |
| Portfolio Volatility Check portfolio volatility and analyze historical return density to properly model market risk | |
| Share Portfolio Track or share privately all of your investments from the convenience of any device | |
| Bonds Directory Find actively traded corporate debentures issued by US companies | |
| My Watchlist Analysis Analyze my current watchlist and to refresh optimization strategy. Macroaxis watchlist is based on self-learning algorithm to remember stocks you like | |
| Risk-Return Analysis View associations between returns expected from investment and the risk you assume | |
| Equity Forecasting Use basic forecasting models to generate price predictions and determine price momentum | |
| Alpha Finder Use alpha and beta coefficients to find investment opportunities after accounting for the risk |