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.

Sharpe Ratio = 0.2599

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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 PriceMay 21, 20247.16
Lowest PriceMarch 5, 20244.61

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

When benchmark price declines in a down market, there may be an uptick in Bittium Stock price where buyers come in believing the asset is cheap or selling overdone. The opposite is true when the market is bullish. You can use Bittium Oyj intraday prices and daily technical indicators to check the level of noise trading in Bittium Stock and then apply it to test your longer-term investment strategies against Bittium.

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.
OpenHighLowCloseVolume
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.
A focus of Bittium Oyj technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of Bittium Oyj trading pattern rather than external drivers such as economic, fundamental, or social events. It is believed that price action tends to repeat itself due to investors' collective, patterned behavior. Hence technical analysis focuses on identifiable price trends and conditions. More Info...

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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.
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.

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Please note, there is a significant difference between Bittium Oyj's value and its price as these two are different measures arrived at by different means. Investors typically determine if Bittium Oyj is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Bittium Oyj's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.