Bittium Oyj (Finland) Price History
BITTI Stock | EUR 6.92 0.04 0.57% |
If you're considering investing in Bittium Stock, it is important to understand the factors that can impact its price. As of today, the current price of Bittium Oyj stands at 6.92, as last reported on the 28th of May, with the highest price reaching 7.00 and the lowest price hitting 6.80 during the day. Bittium Oyj appears to be risky, given 3 months investment horizon. Bittium Oyj secures Sharpe Ratio (or Efficiency) of 0.26, which signifies that the company had a 0.26% return per unit of risk over the last 3 months. By analyzing Bittium Oyj's technical indicators, you can evaluate if the expected return of 0.68% is justified by implied risk. Please makes use of Bittium Oyj's Risk Adjusted Performance of 0.1651, mean deviation of 2.0, and Downside Deviation of 1.81 to double-check if our risk estimates are consistent with your expectations.
Bittium Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
Bittium |
Sharpe Ratio = 0.2599
Best Portfolio | Best Equity | |||
Good Returns | ||||
Average Returns | ||||
Small Returns | BITTI | |||
Cash | Small Risk | Average Risk | High Risk | Huge Risk |
Negative Returns |
Estimated Market Risk
2.6 actual daily | 23 77% of assets are more volatile |
Expected Return
0.68 actual daily | 13 87% of assets have higher returns |
Risk-Adjusted Return
0.26 actual daily | 20 80% of assets perform better |
Based on monthly moving average Bittium Oyj is performing at about 20% of its full potential. 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 Bittium Oyj by adding it to a well-diversified portfolio.
Bittium Oyj Stock Price History Chart
There are several ways to analyze Bittium Stock price data. The simplest method is using a basic Bittium candlestick price chart, which shows Bittium Oyj price history and the buying and selling dynamics of a specified period. Many traders also use subjective judgment to their trading calls, avoiding the need to trade based on technical analysis.
Highest Price | May 21, 2024 | 7.16 |
Lowest Price | March 5, 2024 | 4.61 |
Bittium Oyj May 28, 2024 Stock Price Synopsis
Various analyses of Bittium Oyj's daily price changes, such as its Balance Of Power or Price Action, are crucial when deciding whether to buy, hold, or sell Bittium Stock. It can be used to describe the percentage change in the price of Bittium Oyj from one trading day to the next and could be a valuable metric for traders and investors to gauge the volatility and momentum of Bittium Stock.Bittium Oyj Price Daily Balance Of Power | (0.20) | |
Bittium Oyj Price Rate Of Daily Change | 0.99 | |
Bittium Oyj Accumulation Distribution | 524.77 |
Bittium Oyj May 28, 2024 Stock Price Analysis
Bittium Stock Price History Data
The price series of Bittium Oyj for the period between Wed, Feb 28, 2024 and Tue, May 28, 2024 has a statistical range of 2.95 with a coefficient of variation of 14.37. The prices are distributed with arithmetic mean of 5.55. The median price for the last 90 days is 5.82. The company had 1:5 stock split on 11th of April 2005. Bittium Oyj issued dividends on 2022-04-07.Open | High | Low | Close | Volume | ||
05/27/2024 | 6.98 | 7.00 | 6.80 | 6.92 | 18,367 | |
05/24/2024 | 7.14 | 7.14 | 6.88 | 6.96 | 29,825 | |
05/23/2024 | 7.14 | 7.26 | 7.12 | 7.14 | 22,539 | |
05/22/2024 | 7.18 | 7.34 | 7.10 | 7.10 | 56,284 | |
05/21/2024 | 6.88 | 7.24 | 6.88 | 7.16 | 61,998 | |
05/20/2024 | 6.70 | 7.00 | 6.70 | 6.94 | 94,878 | |
05/17/2024 | 6.44 | 6.68 | 6.38 | 6.56 | 44,058 | |
05/16/2024 | 6.36 | 6.44 | 6.30 | 6.44 | 17,069 | |
05/15/2024 | 6.36 | 6.40 | 6.32 | 6.34 | 9,014 | |
05/14/2024 | 6.38 | 6.46 | 6.32 | 6.32 | 24,526 | |
05/13/2024 | 6.26 | 6.40 | 6.26 | 6.38 | 9,965 | |
05/10/2024 | 6.40 | 6.46 | 6.26 | 6.28 | 38,746 | |
05/08/2024 | 6.24 | 6.50 | 6.24 | 6.38 | 32,368 | |
05/07/2024 | 6.12 | 6.24 | 6.04 | 6.24 | 21,496 | |
05/06/2024 | 6.08 | 6.20 | 6.06 | 6.08 | 17,720 | |
05/03/2024 | 6.08 | 6.14 | 6.04 | 6.08 | 12,670 | |
05/02/2024 | 5.94 | 6.08 | 5.90 | 6.08 | 29,521 | |
04/30/2024 | 5.86 | 5.94 | 5.84 | 5.94 | 11,033 | |
04/29/2024 | 6.10 | 6.10 | 5.86 | 5.86 | 15,319 | |
04/26/2024 | 6.02 | 6.24 | 5.94 | 6.10 | 61,912 | |
04/25/2024 | 5.88 | 5.88 | 5.76 | 5.82 | 22,811 | |
04/24/2024 | 5.92 | 5.98 | 5.88 | 5.88 | 10,202 | |
04/23/2024 | 5.96 | 5.98 | 5.84 | 5.88 | 15,802 | |
04/22/2024 | 6.10 | 6.10 | 5.90 | 5.96 | 20,708 | |
04/19/2024 | 5.86 | 6.12 | 5.80 | 6.06 | 23,057 | |
04/18/2024 | 5.98 | 5.98 | 5.80 | 5.88 | 17,150 | |
04/17/2024 | 5.90 | 6.00 | 5.90 | 6.00 | 6,713 | |
04/16/2024 | 5.94 | 6.10 | 5.90 | 5.92 | 19,737 | |
04/15/2024 | 5.96 | 6.00 | 5.90 | 5.96 | 9,330 | |
04/12/2024 | 6.04 | 6.06 | 5.92 | 5.94 | 16,855 | |
04/11/2024 | 5.90 | 6.08 | 5.88 | 6.04 | 23,563 | |
04/10/2024 | 5.90 | 5.94 | 5.66 | 5.81 | 37,778 | |
04/09/2024 | 6.04 | 6.08 | 5.86 | 5.89 | 38,524 | |
04/08/2024 | 6.16 | 6.46 | 5.98 | 6.03 | 107,617 | |
04/05/2024 | 5.46 | 6.28 | 5.44 | 6.11 | 88,486 | |
04/04/2024 | 5.36 | 5.46 | 5.30 | 5.43 | 14,092 | |
04/03/2024 | 5.16 | 5.38 | 5.16 | 5.35 | 107,156 | |
04/02/2024 | 5.42 | 5.44 | 5.14 | 5.21 | 15,116 | |
03/28/2024 | 5.28 | 5.42 | 5.25 | 5.39 | 49,480 | |
03/27/2024 | 5.33 | 5.33 | 5.20 | 5.25 | 14,425 | |
03/26/2024 | 5.19 | 5.30 | 5.19 | 5.27 | 26,887 | |
03/25/2024 | 5.13 | 5.22 | 5.11 | 5.16 | 25,012 | |
03/22/2024 | 5.11 | 5.17 | 5.04 | 5.04 | 16,948 | |
03/21/2024 | 5.23 | 5.37 | 5.06 | 5.08 | 41,653 | |
03/20/2024 | 5.00 | 5.35 | 5.00 | 5.19 | 107,243 | |
03/19/2024 | 4.93 | 5.03 | 4.87 | 4.97 | 28,252 | |
03/18/2024 | 4.90 | 4.93 | 4.84 | 4.88 | 20,450 | |
03/15/2024 | 4.82 | 4.90 | 4.82 | 4.87 | 13,520 | |
03/14/2024 | 4.91 | 4.92 | 4.80 | 4.80 | 10,067 | |
03/13/2024 | 4.86 | 4.95 | 4.86 | 4.88 | 60,191 | |
03/12/2024 | 4.81 | 4.86 | 4.79 | 4.83 | 4,417 | |
03/11/2024 | 4.91 | 4.96 | 4.78 | 4.78 | 10,922 | |
03/08/2024 | 4.76 | 4.96 | 4.68 | 4.88 | 18,609 | |
03/07/2024 | 4.71 | 4.81 | 4.70 | 4.73 | 12,153 | |
03/06/2024 | 4.64 | 4.79 | 4.62 | 4.69 | 15,134 | |
03/05/2024 | 4.73 | 4.73 | 4.61 | 4.61 | 6,523 | |
03/04/2024 | 4.79 | 4.80 | 4.64 | 4.71 | 14,750 | |
03/01/2024 | 4.81 | 4.82 | 4.76 | 4.76 | 13,971 | |
02/29/2024 | 4.75 | 4.82 | 4.75 | 4.78 | 43,064 | |
02/28/2024 | 4.69 | 4.78 | 4.64 | 4.71 | 40,996 | |
02/27/2024 | 4.50 | 4.68 | 4.50 | 4.65 | 89,851 |
About Bittium Oyj Stock history
Bittium 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 Bittium is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Bittium 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 Bittium Oyj stock prices may prove useful in developing a viable investing in Bittium Oyj
Bittium Oyj develops communications and connectivity solutions worldwide. Bittium Oyj was founded in 1985 and is headquartered in Oulu, Finland. Bittium operates under Diversified Telecommunications classification in Finland and is traded on Helsinki Exchange. It employs 680 people.
Bittium Oyj Stock Technical Analysis
Bittium 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.
Did you try this?
Run Theme Ratings Now
Theme RatingsDetermine theme ratings based on digital equity recommendations. Macroaxis theme ratings are based on combination of fundamental analysis and risk-adjusted market performance |
All Next | Launch Module |
Bittium Oyj Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Bittium Oyj's price direction in advance. Along with the technical and fundamental analysis of Bittium Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Bittium 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 | 0.1651 | |||
Jensen Alpha | 0.7252 | |||
Total Risk Alpha | 0.5597 | |||
Sortino Ratio | 0.3881 | |||
Treynor Ratio | 1.73 |
Cycle Indicators | ||
Math Operators | ||
Math Transform | ||
Momentum Indicators | ||
Overlap Studies | ||
Pattern Recognition | ||
Price Transform | ||
Statistic Functions | ||
Volatility Indicators | ||
Volume Indicators |
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 Volatility Analysis module to get historical volatility and risk analysis based on latest market data.
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 Volatility Check portfolio volatility and analyze historical return density to properly model market risk | |
Commodity Directory Find actively traded commodities issued by global exchanges | |
Bonds Directory Find actively traded corporate debentures issued by US companies | |
ETFs Find actively traded Exchange Traded Funds (ETF) from around the world | |
Options Analysis Analyze and evaluate options and option chains as a potential hedge for your portfolios | |
Portfolio Diagnostics Use generated alerts and portfolio events aggregator to diagnose current holdings | |
Balance Of Power Check stock momentum by analyzing Balance Of Power indicator and other technical ratios | |
Latest Portfolios Quick portfolio dashboard that showcases your latest portfolios | |
Transaction History View history of all your transactions and understand their impact on performance |