Elisa Oyj (Finland) Today
| ELISA Stock | EUR 40.40 0.04 0.1% |
Performance0 of 100
| Odds Of DistressLess than 9
|
Elisa Oyj is trading at 40.40 as of the 18th of April 2024. This is a -0.1 percent down since the beginning of the trading day. The stock's open price was 40.44. Elisa Oyj 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 Elisa Oyj are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 24th of April 2023 and ending today, the 18th of April 2024. Click here to learn more.
Elisa Oyj provides data communications and digital services. Elisa Oyj was founded in 1882 and is headquartered in Helsinki, Finland. Elisa operates under Telecom Services classification in Finland and is traded on Helsinki Exchange. It employs 5478 people. The company has 160.39 M outstanding shares. More on Elisa Oyj
Moving against Elisa Stock
| 0.67 | ALBBV | Alandsbanken Abp B | PairCorr |
| 0.65 | ALBAV | Alandsbanken Abp A Earnings Call This Week | PairCorr |
Elisa 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. Elisa Oyj's investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding Elisa Oyj or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
| CEO | Asko Kansala |
| Business Concentration | Communication Services, Diversified Telecommunication Services, Telecom Services, Communication Services (View all Sectors) |
Elisa Oyj (ELISA) is traded on Helsinki Exchange in Finland and employs 5,623 people. The company currently falls under 'Mid-Cap' category with a current market capitalization of 8.57 B. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate Elisa Oyj's market, we take the total number of its shares issued and multiply it by Elisa Oyj'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. Elisa Oyj operates under Diversified Telecommunication Services sector and is part of Communication Services industry. The entity has 160.39 M outstanding shares.
Elisa Oyj has accumulated about 84.4 M in cash with 591.8 M of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.53.
Check Elisa Oyj Probability Of Bankruptcy
Ownership AllocationElisa Oyj holds a total of 160.39 Million outstanding shares. 30% of Elisa Oyj outstanding shares are owned by other corporate entities. Institutional investors are typically referred to investors that purchase positions in a given stock to benefit from reduced commissions. Consequently, institutional investors are subject to different rules and regulations than regular investors. Please look out for any change in current institutional holding as this could mean something significant has changed at the company or is about to change. Please note that no matter how many assets the company secures, if the real value of the firm is less than the current market value, you may not be able to make money on it.
Check Elisa Ownership Details
Elisa Stock Price Odds Analysis
Coming from a normal probability distribution, the odds of Elisa Oyj jumping above the current price in 90 days from now is about 87.11%. The Elisa Oyj probability density function shows the probability of Elisa Oyj stock to fall within a particular range of prices over 90 days. Assuming the 90 days trading horizon Elisa Oyj has a beta of -0.0234 suggesting as returns on the benchmark increase, returns on holding Elisa Oyj are expected to decrease at a much lower rate. During a bear market, however, Elisa Oyj is likely to outperform the market. Additionally, elisa 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 Elisa Oyj to move above the current price in 90 days from now is about 87.11 (This Elisa Oyj probability density function shows the probability of Elisa Stock to fall within a particular range of prices over 90 days) .
Elisa Oyj Risk Profiles
Investors will always prefer to have the highest possible return on investment while minimizing volatility. Elisa Oyj market risk premium is the additional return an investor will receive from holding Elisa Oyj 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 Elisa Oyj. 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 Elisa Oyj's alpha and beta are two of the key measurements used to evaluate Elisa Oyj's performance over the market, the standard measures of volatility play an important role as well.
| Mean Deviation | 0.8381 | |||
| Standard Deviation | 1.2 | |||
| Variance | 1.45 | |||
| Risk Adjusted Performance | (0.03) |
Elisa Stock Against Markets
Picking the right benchmark for Elisa Oyj 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 Elisa Oyj 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 Elisa Oyj is critical whether you are bullish or bearish towards Elisa Oyj at a given time. Please also check how Elisa Oyj'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 Elisa Oyj 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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Elisa Oyj Corporate Directors
Elisa Oyj corporate directors refer to members of an Elisa Oyj board of directors. The board of directors generally takes responsibility for the Elisa Oyj'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 Elisa Oyj's board members must vote for the resolution. The Elisa Oyj board of directors' duties also include the election, removal, and supervision of officers, including the adoption, amendment, and repeal of bylaws.| Vesa Sahivirta | Investor Relations Director | Profile | |
| Seija Turunen | Independent Director | Profile | |
| Kim Ignatius | Independent Director | Profile | |
| Leena Niemisto | Independent Director | Profile |
How to buy Elisa Stock?
Before investing in Elisa Oyj, 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 Elisa Oyj. To buy Elisa Oyj stock, you can follow these steps:- Choose a brokerage firm: You need to select a brokerage firm to buy shares of Elisa Oyj. 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 Elisa Oyj stock. You can do this by transferring funds from your bank account or other investment accounts.
- Place your order: Once you have located Elisa 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 Elisa 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 Elisa 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 Elisa Oyj?
The danger of trading Elisa 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 Elisa Oyj 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 Elisa Oyj. The Sharpe ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile Elisa 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 Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Elisa 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 nation. Note that the Elisa Oyj information on this page should be used as a complementary analysis to other Elisa Oyj'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 Content Syndication module to quickly integrate customizable finance content to your own investment portal.
Complementary Tools for Elisa Stock analysis
When running Elisa Oyj's price analysis, check to measure Elisa 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 Elisa Oyj is operating at the current time. Most of Elisa Oyj's value examination focuses on studying past and present price action to predict the probability of Elisa 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 Elisa Oyj's price. Additionally, you may evaluate how the addition of Elisa Oyj to your portfolios can decrease your overall portfolio volatility.
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