Neste Oil (Finland) Today
| NESTE Stock | EUR 25.80 0.40 1.53% |
Performance0 of 100
| Odds Of DistressLess than 9
|
Neste Oil is trading at 25.80 as of the 19th of April 2024. This is a -1.53 percent down since the beginning of the trading day. The stock's open price was 26.2. Neste Oil has less than a 9 % chance of experiencing financial distress in the next few years, but has generated negative returns over the last 90 days. Equity ratings for Neste Oil Oyj are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 20th of March 2024 and ending today, the 19th of April 2024. Click here to learn more.
Neste Oyj provides renewable and oil products in Finland and other Nordic countries, Baltic Rim, other European countries, North and South America, and internationally. Neste Oyj was founded in 1948 and is headquartered in Espoo, Finland. Neste operates under Oil Gas Refining Marketing classification in Finland and is traded on Helsinki Exchange. The company has 768.08 M outstanding shares. More on Neste Oil Oyj
Moving together with Neste Stock
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Moving against Neste Stock
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Neste Stock Highlights
Most reasonable investors view market volatility as an opportunity to invest at a favorable price or to sell short against a bearish trend. Neste Oil's investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding Neste Oil or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
| President CEO | Peter Vanacker |
| Business Concentration | Energy, Oil, Gas & Consumable Fuels, Oil & Gas Refining & Marketing, Energy (View all Sectors) |
Neste Oil Oyj (NESTE) is traded on Helsinki Exchange in Finland and employs 5,428 people. The company currently falls under 'Large-Cap' category with a current market capitalization of 36 B. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate Neste Oil's market, we take the total number of its shares issued and multiply it by Neste Oil's current market price. To manage market risk and economic uncertainty, many investors today build portfolios that are diversified across equities with different market capitalizations. However, as a general rule, conservative investors tend to hold large-cap stocks, and those looking for more risk prefer small-cap and mid-cap equities. Neste Oil Oyj operates under Oil, Gas & Consumable Fuels sector and is part of Energy industry. The entity has 768.08 M outstanding shares.
Neste Oil Oyj has accumulated about 1.08 B in cash with 1.2 B of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 1.4.
Check Neste Oil Probability Of Bankruptcy
Ownership AllocationNeste Oil Oyj holds a total of 768.08 Million outstanding shares. Neste Oil Oyj holds significant amount of outstanding shares owned by insiders. An insider is usually defined as a CEO, other corporate executive, director, or institutional investor who own at least 10% of the company's outstanding shares. Since such a large part of the company is owned by insiders, it is advisable to analyze if each of these insiders have been buying or selling the stock in recent months. Note that regardless of who owns the company, if the true value of the entity is less than the market is willing to pay for it, you may not be able to generate positive returns over time.
Check Neste Ownership Details
Neste Stock Price Odds Analysis
Coming from a normal probability distribution, the odds of Neste Oil jumping above the current price in 90 days from now is about 68.42%. The Neste Oil Oyj probability density function shows the probability of Neste Oil stock to fall within a particular range of prices over 90 days. Assuming the 90 days trading horizon Neste Oil has a beta of 0.252. This indicates as returns on the market go up, Neste Oil average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding Neste Oil Oyj will be expected to be much smaller as well. Additionally, neste Oil Oyj has a negative alpha, implying that the risk taken by holding this instrument is not justified. The company is significantly underperforming the NYSE Composite.
Based on a normal probability distribution, the odds of Neste Oil to move above the current price in 90 days from now is about 68.42 (This Neste Oil Oyj probability density function shows the probability of Neste Stock to fall within a particular range of prices over 90 days) .
Neste Oil Oyj Risk Profiles
Investors will always prefer to have the highest possible return on investment while minimizing volatility. Neste Oil market risk premium is the additional return an investor will receive from holding Neste Oil long position in a well-diversified portfolio. The market premium is part of the Capital Asset Pricing Model (CAPM), which most analysts and investors use to calculate the acceptable rate of return on investment in Neste Oil. At the center of the CAPM is the concept of risk and reward, which is usually communicated by investors using alpha and beta measures. Although Neste Oil's alpha and beta are two of the key measurements used to evaluate Neste Oil's performance over the market, the standard measures of volatility play an important role as well.
| Mean Deviation | 1.43 | |||
| Standard Deviation | 2.23 | |||
| Variance | 4.95 | |||
| Risk Adjusted Performance | (0.08) |
Neste Stock Against Markets
Picking the right benchmark for Neste Oil stock is fundamental to making educated investment choices. Many naive investors compare their positions with the S&P 500 or with the Nasdaq. But these benchmarks are not all-inclusive and generally should be used only for large-capitalization equities or stock offerings from large companies. When the price of a selected benchmark declines in a down market, there may be an uptick in Neste Oil stock price where buyers come in believing the asset is cheap. The opposite is true when the market is bullish; so, accurately picking the benchmark for Neste Oil is critical whether you are bullish or bearish towards Neste Oil Oyj at a given time. Please also check how Neste Oil's historical prices are related to one of the top price index indicators.
Be your own money manager
Our tools can tell you how much better you can do entering a position in Neste Oil without increasing your portfolio risk or giving up the expected return. As an individual investor, you need to find a reliable way to track all your investment portfolios. However, your requirements will often be based on how much of the process you decide to do yourself. In addition to allowing all investors analytical transparency into all their portfolios, our tools can evaluate risk-adjusted returns of your individual positions relative to your overall portfolio.Did you try this?
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Neste Oil Corporate Directors
Neste Oil corporate directors refer to members of a Neste Oil board of directors. The board of directors generally takes responsibility for the Neste Oil's affairs and long-term direction of the entity. A corporate director does not make decisions for the corporation on his own. As a member of the board of directors, she or he must function as a part of a group that makes decisions on behalf of the business only by the board of directors' meetings. To pass a resolution, a majority of Neste Oil's board members must vote for the resolution. The Neste Oil board of directors' duties also include the election, removal, and supervision of officers, including the adoption, amendment, and repeal of bylaws.| Heike Kerkhof | Director | Profile | |
| Jari Rosendal | Director | Profile | |
| Laura Raitio | Independent Director | Profile | |
| Elizabeth Burghout | Director | Profile |
How to buy Neste Stock?
Before investing in Neste Oil, you must ensure you fully understand your financial goals and how diversified (or not) your overall investments are now. Then, after you clearly understand your investment objectives, consider investing in Neste Oil. To buy Neste Oil stock, you can follow these steps:- Choose a brokerage firm: You need to select a brokerage firm to buy shares of Neste Oil. Some popular options include Charles Schwab, Fidelity, TD Ameritrade, and Robinhood.
- Open an account: Once you have chosen a brokerage firm, you will need to open an account. You will be required to provide personal information, such as your name, address, and Social Security number.
- Fund your account: You will need to deposit funds into your brokerage account to purchase Neste Oil stock. You can do this by transferring funds from your bank account or other investment accounts.
- Place your order: Once you have located Neste Oil Oyj stock in your brokerage account, you can place your order to buy it. You will need to specify the number of shares you want to buy and the price you are willing to pay.
- Monitor your investment: After you have purchased Neste Oil Oyj stock, you should monitor your investment to track its performance and make informed decisions about buying, selling, or holding the stock
It's important to note that investing in stocks, such as Neste Oil Oyj, carries risks, and you should carefully consider your investment goals and risk tolerance before making any investment decisions. Also, remember various factors, including economic indicators, change in net worth, political events, company-specific news, and investor sentiment, can influence the stock market. These factors can cause fluctuations in stock prices and lead to market volatility affecting your buy or sell decision. However, volatility can also present opportunities for investors to make gains by buying stocks when prices are low and selling when they are high. It's important for investors to have a long-term perspective and a well-diversified portfolio to manage the impact of stock market volatility on their investments.
Already Invested in Neste Oil Oyj?
The danger of trading Neste Oil Oyj is mainly related to its market volatility and Company specific events. As an investor, you must understand the concept of risk-adjusted return before you start trading. The most common way to measure the risk of Neste Oil is by using the Sharpe ratio. The ratio expresses how much excess return you acquire for the extra volatility you endure for holding a more risker asset than Neste Oil. The Sharpe ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile Neste Oil Oyj is, you must compare it to a benchmark. Traditionally, the risk-free rate of return is the rate of return on the shortest-dated U.S. Treasury, such as a 3-year bond.
Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Neste Oil 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 income. Note that the Neste Oil Oyj information on this page should be used as a complementary analysis to other Neste Oil's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. 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 Neste Stock analysis
When running Neste Oil's price analysis, check to measure Neste Oil'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 Neste Oil is operating at the current time. Most of Neste Oil's value examination focuses on studying past and present price action to predict the probability of Neste Oil's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Neste Oil's price. Additionally, you may evaluate how the addition of Neste Oil to your portfolios can decrease your overall portfolio volatility.
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