Bittium Oyj (Finland) Analysis

Bittium Stock Analysis Notes

About 22.0% of the company shares are held by company insiders. The company has price-to-book (P/B) ratio of 1.09. Some equities with similar Price to Book (P/B) outperform the market in the long run. Bittium Oyj last dividend was issued on the 7th of April 2022. The entity had 1:5 split on the 11th of April 2005. 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. For more info on Bittium Oyj please contact Hannu M at 358 4034 42000 or go to https://www.bittium.com.

Bittium Oyj Investment Alerts

Bittium Market Capitalization

The company currently falls under 'Small-Cap' category with a current market capitalization of 146.02 M. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate Bittium Oyj's market, we take the total number of its shares issued and multiply it by Bittium 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.

Technical Drivers

As of the 27th of May, Bittium Oyj shows the Mean Deviation of 1.9, risk adjusted performance of 0.1651, and Downside Deviation of 1.87. Bittium Oyj technical analysis gives you the methodology to make use of historical prices and volume patterns to determine a pattern that approximates the direction of the firm's future prices. Put another way, you can use this information to find out if the firm will indeed mirror its model of historical prices and volume momentum, or the prices will eventually revert. We were able to collect and analyze data for nineteen technical drivers for Bittium Oyj, which can be compared to its peers. Please confirm Bittium Oyj variance, value at risk, as well as the relationship between the Value At Risk and skewness to decide if Bittium Oyj is priced correctly, providing market reflects its regular price of 6.96 per share.

Bittium Oyj Price Movement Analysis

Bittium Oyj Predictive Daily Indicators

Bittium Oyj Forecast Models

Bittium Oyj's time-series forecasting models are one of many Bittium Oyj's stock analysis techniques aimed at predicting future share value based on previously observed values. Time-series forecasting models ae widely used for non-stationary data. Non-stationary data are called the data whose statistical properties e.g. the mean and standard deviation are not constant over time but instead, these metrics vary over time. These non-stationary Bittium Oyj's historical data is usually called time-series. Some empirical experimentation suggests that the statistical forecasting models outperform the models based exclusively on fundamental analysis to predict the direction of the market movement and maximize returns from investment trading.

Stock analysis is the technique used by a trader or investor to examine and evaluate how Bittium Oyj prices is reacting to, or reflecting on a current market direction and economic conditions. It can be used to make informed decisions about market timing, and when buying or selling Bittium shares will generate the highest return on investment. We also built our stock analysis module to help investors to gain an insight into the world economy as a whole, the stock market, thematic ideas. a specific sector, or an individual Stock such as Bittium Oyj. By using and applying Bittium Stock analysis, traders can create a robust methodology for identifying Bittium entry and exit points for their positions.

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 Global Correlations module to find global opportunities by holding instruments from different markets.

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.