Kesko Oyj (Finland) Price on November 9, 2023
| KESKOB Stock | EUR 16.13 0.11 0.69% |
If you're considering investing in Kesko Stock, it is important to understand the factors that can impact its price. As of today, the current price of Kesko Oyj stands at 16.13, as last reported on the 5th of May, with the highest price reaching 16.30 and the lowest price hitting 16.02 during the day. Kesko Oyj has Sharpe Ratio of -0.0915, which conveys that the firm had a -0.0915% return per unit of risk over the last 3 months. Kesko Oyj exposes twenty-four different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please verify Kesko Oyj's Standard Deviation of 1.33, risk adjusted performance of (0.09), and Mean Deviation of 0.9075 to check out the risk estimate we provide.
Kesko Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
Kesko |
Sharpe Ratio = -0.0915
| Best Portfolio | Best Equity | |||
| Good Returns | ||||
| Average Returns | ||||
| Small Returns | ||||
| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
| Negative Returns | KESKOB |
Estimated Market Risk
| 1.27 actual daily | 11 89% of assets are more volatile |
Expected Return
| -0.12 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| -0.09 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Kesko 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 Kesko Oyj by adding Kesko Oyj to a well-diversified portfolio.
Kesko Oyj Valuation on November 9, 2023
It is possible to determine the worth of Kesko Oyj on a given historical date. On November 9, 2023 Kesko was worth 16.6 at the beginning of the trading date compared to the closed value of 16.08. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Kesko Oyj stock. Still, in general, we apply an absolute valuation method to find Kesko 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 Kesko Oyj where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Kesko Oyj's related companies.
| Open | High | Low | Close | Volume | |
| 16.59 | 16.73 | 16.08 | 16.08 | 423,091 | |
11/09/2023 | 16.60 | 16.65 | 16.08 | 16.08 | 484,859 |
| 16.53 | 16.56 | 15.93 | 15.93 | 389,835 |
| Backtest Kesko Oyj | | | Kesko Oyj History | | | Kesko Oyj Valuation | Previous | Next |
Kesko Oyj Trading Date Momentum on November 9, 2023
| On November 10 2023 Kesko Oyj was traded for 15.93 at the closing time. The highest price during the trading period was 16.56 and the lowest recorded bid was listed for 15.93 . The volume for the day was 389.8 K. This history from November 10, 2023 contributed to the next trading day price decline. The trading delta at closing time to the next closing price was 0.93% . The trading delta at closing time to the current price is 6.97% . |
Kesko Oyj Fundamentals Correlations and Trends
By evaluating Kesko 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 Kesko Oyj's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Kesko financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Kesko Oyj Stock history
Kesko 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 Kesko is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Kesko 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 Kesko Oyj stock prices may prove useful in developing a viable investing in Kesko Oyj
The company operates through Grocery Trade, Building and Technical Trade, and Car Trade segments. The company was founded in 1940 and is headquartered in Helsinki, Finland. Kesko B operates under Grocery Stores classification in Finland and is traded on Helsinki Exchange. It employs 17120 people.
Kesko Oyj Stock Technical Analysis
Kesko 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
Kesko Oyj Period Price Range
Low | November 9, 2023
| High |
16.60 | 16.08 |
Kesko Oyj May 5, 2024 Market Strength
Market strength indicators help investors to evaluate how Kesko 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 Kesko Oyj shares will generate the highest return on investment. By undertsting and applying Kesko Oyj stock market strength indicators, traders can identify Kesko Oyj entry and exit signals to maximize returns
| Accumulation Distribution | 16598.78 | |||
| Daily Balance Of Power | (0.91) | |||
| Rate Of Daily Change | 0.97 | |||
| Day Median Price | 16.36 | |||
| Day Typical Price | 16.27 | |||
| Price Action Indicator | (0.55) | |||
| Period Momentum Indicator | 0.05 | |||
| Relative Strength Index | 46.36 |
Kesko Oyj Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Kesko Oyj's price direction in advance. Along with the technical and fundamental analysis of Kesko Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Kesko 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 | (0.09) | |||
| Jensen Alpha | (0.18) | |||
| Total Risk Alpha | (0.36) | |||
| Treynor Ratio | 0.4319 |
| Cycle Indicators | ||
| Math Operators | ||
| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Kesko 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 persons. You can also try the Performance Analysis module to check effects of mean-variance optimization against your current asset allocation.
Complementary Tools for Kesko Stock analysis
When running Kesko Oyj's price analysis, check to measure Kesko 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 Kesko Oyj is operating at the current time. Most of Kesko Oyj's value examination focuses on studying past and present price action to predict the probability of Kesko 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 Kesko Oyj's price. Additionally, you may evaluate how the addition of Kesko Oyj to your portfolios can decrease your overall portfolio volatility.
| Bond Analysis Evaluate and analyze corporate bonds as a potential investment for your portfolios. | |
| Performance Analysis Check effects of mean-variance optimization against your current asset allocation | |
| Positions Ratings Determine portfolio positions ratings based on digital equity recommendations. Macroaxis instant position ratings are based on combination of fundamental analysis and risk-adjusted market performance | |
| Instant Ratings Determine any equity ratings based on digital recommendations. Macroaxis instant equity ratings are based on combination of fundamental analysis and risk-adjusted market performance | |
| Theme Ratings Determine theme ratings based on digital equity recommendations. Macroaxis theme ratings are based on combination of fundamental analysis and risk-adjusted market performance | |
| Competition Analyzer Analyze and compare many basic indicators for a group of related or unrelated entities | |
| ETF Categories List of ETF categories grouped based on various criteria, such as the investment strategy or type of investments | |
| Portfolio Rebalancing Analyze risk-adjusted returns against different time horizons to find asset-allocation targets | |
| Share Portfolio Track or share privately all of your investments from the convenience of any device |