EURODRY (Germany) Price on November 15, 2024
0LQ Stock | EUR 13.00 0.60 4.41% |
If you're considering investing in EURODRY Stock, it is important to understand the factors that can impact its price. As of today, the current price of EURODRY stands at 13.00, as last reported on the 24th of November, with the highest price reaching 13.70 and the lowest price hitting 13.00 during the day. EURODRY LTD DL secures Sharpe Ratio (or Efficiency) of -0.22, which denotes the company had a -0.22% return per unit of volatility over the last 3 months. EURODRY LTD DL exposes twenty-four different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm EURODRY's Market Risk Adjusted Performance of 2.28, standard deviation of 2.18, and Mean Deviation of 1.58 to check the risk estimate we provide.
EURODRY Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
EURODRY |
Sharpe Ratio = -0.2246
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Estimated Market Risk
2.16 actual daily | 19 81% of assets are more volatile |
Expected Return
-0.48 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
-0.22 actual daily | 0 Most of other assets perform better |
Based on monthly moving average EURODRY is not performing at its full potential. However, 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 EURODRY by adding EURODRY to a well-diversified portfolio.
EURODRY Valuation on November 15, 2024
It is possible to determine the worth of EURODRY on a given historical date. On November 15, 2024 EURODRY was worth 14.0 at the beginning of the trading date compared to the closed value of 14.1. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of EURODRY stock. Still, in general, we apply an absolute valuation method to find EURODRY's value based on its fundamental and technical indicators available within our service. As compared to an absolute model, our relative valuation model uses a comparative analysis of EURODRY where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against EURODRY's related companies.
Open | High | Low | Close | Volume | |
14.00 | 14.00 | 14.00 | 14.00 | 1.00 | |
11/15/2024 | 14.00 | 14.10 | 14.00 | 14.10 | 1.00 |
14.60 | 14.60 | 14.60 | 14.60 | 1.00 |
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EURODRY Trading Date Momentum on November 15, 2024
On November 18 2024 EURODRY LTD DL was traded for 14.60 at the closing time. The highest daily price throughout the period was 14.60 and the lowest price was 14.60 . There was no trading activity during the period 1.0. Lack of trading volume on 11/18/2024 added to the next day price rise. The daily price change to closing price of the next trading day was 3.55% . The overall trading delta to current closing price is 2.84% . |
EURODRY LTD DL Fundamentals Correlations and Trends
By evaluating EURODRY's financials over time, investors can gain insight into future company performance. However, you can also analyze the published financial statements to find patterns among EURODRY's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. EURODRY financial account trend analysis is a perfect complement when working with valuation or volatility modules.About EURODRY Stock history
EURODRY 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 EURODRY is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in EURODRY LTD DL 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 EURODRY stock prices may prove useful in developing a viable investing in EURODRY
EuroDry Ltd., through its subsidiaries, provides ocean-going transportation services worldwide. EuroDry Ltd. was founded in 2018 and is based in Maroussi, Greece. EURODRY is traded on Frankfurt Stock Exchange in Germany.
EURODRY Stock Technical Analysis
EURODRY 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.
Price Boundaries
EURODRY Period Price Range
Low | November 24, 2024
| High |
0.00 | 0.00 |
EURODRY LTD DL cannot be verified against its exchange. Please verify the symbol is currently traded on Frankfurt Exchange. If you still believe the symbol you are trying to look up is valid, please let us know, and we will check it as soon as possible.
EURODRY November 24, 2024 Market Strength
Market strength indicators help investors to evaluate how EURODRY stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading EURODRY shares will generate the highest return on investment. By undertsting and applying EURODRY stock market strength indicators, traders can identify EURODRY LTD DL entry and exit signals to maximize returns
EURODRY Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for EURODRY's price direction in advance. Along with the technical and fundamental analysis of EURODRY Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of EURODRY 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 | (0.17) | |||
Jensen Alpha | (0.48) | |||
Total Risk Alpha | (0.85) | |||
Treynor Ratio | 2.27 |
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Pattern Recognition | ||
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Volume Indicators |
Complementary Tools for EURODRY Stock analysis
When running EURODRY's price analysis, check to measure EURODRY'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 EURODRY is operating at the current time. Most of EURODRY's value examination focuses on studying past and present price action to predict the probability of EURODRY's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move EURODRY's price. Additionally, you may evaluate how the addition of EURODRY to your portfolios can decrease your overall portfolio volatility.
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