2G ENERGY (Germany) Price on September 14, 2023
| 2GB Stock | EUR 22.45 0.30 1.32% |
If you're considering investing in 2GB Stock, it is important to understand the factors that can impact its price. As of today, the current price of 2G ENERGY stands at 22.45, as last reported on the 12th of December 2024, with the highest price reaching 22.95 and the lowest price hitting 22.45 during the day. 2G ENERGY appears to be not too volatile, given 3 months investment horizon. 2G ENERGY retains Efficiency (Sharpe Ratio) of 0.0927, which signifies that the company had a 0.0927% return per unit of price deviation over the last 3 months. We have found twenty-nine technical indicators for 2G ENERGY, which you can use to evaluate the volatility of the firm. Please makes use of 2G ENERGY's Standard Deviation of 2.49, market risk adjusted performance of 1.03, and Coefficient Of Variation of 1028.42 to double-check if our risk estimates are consistent with your expectations.
2GB Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
2GB |
Sharpe Ratio = 0.0927
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Estimated Market Risk
| 2.52 actual daily | 22 78% of assets are more volatile |
Expected Return
| 0.23 actual daily | 4 96% of assets have higher returns |
Risk-Adjusted Return
| 0.09 actual daily | 7 93% of assets perform better |
Based on monthly moving average 2G ENERGY is performing at about 7% 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 2G ENERGY by adding it to a well-diversified portfolio.
2G ENERGY Valuation on September 14, 2023
It is possible to determine the worth of 2G ENERGY on a given historical date. On September 14, 2023 2GB was worth 25.18 at the beginning of the trading date compared to the closed value of 24.79. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of 2G ENERGY stock. Still, in general, we apply an absolute valuation method to find 2G ENERGY'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 2G ENERGY where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against 2G ENERGY's related companies.
| Open | High | Low | Close | Volume | |
| 24.79 | 25.13 | 24.69 | 25.08 | 1.00 | |
09/14/2023 | 25.18 | 25.23 | 24.79 | 24.79 | 100.00 |
| 24.83 | 25.28 | 24.79 | 24.79 | 1.00 |
| Backtest 2G ENERGY | | | 2G ENERGY History | | | 2G ENERGY Valuation | Previous | Next |
2G ENERGY Trading Date Momentum on September 14, 2023
| On September 15 2023 2G ENERGY was traded for 24.79 at the closing time. The maximum traded price for the trading interval was 25.28 and the lowest daily price was 24.79 . There was no trading activity during the period 1.0. Lack of trading volume on 15th of September 2023 had no effect on price fluctuation. The daily price change to the closing price today is 1.61% . |
2G ENERGY Fundamentals Correlations and Trends
By evaluating 2G ENERGY'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 2G ENERGY's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. 2GB financial account trend analysis is a perfect complement when working with valuation or volatility modules.About 2G ENERGY Stock history
2G ENERGY 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 2GB is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in 2G ENERGY 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 2G ENERGY stock prices may prove useful in developing a viable investing in 2G ENERGY
2G ENERGY Stock Technical Analysis
2G ENERGY 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
2G ENERGY Period Price Range
Low | December 12, 2024
| High |
0.00 | 0.00 |
2G ENERGY cannot be verified against its exchange. Please verify the symbol is currently traded on Dusseldorf 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.
2G ENERGY December 12, 2024 Market Strength
Market strength indicators help investors to evaluate how 2G ENERGY stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading 2G ENERGY shares will generate the highest return on investment. By undertsting and applying 2G ENERGY stock market strength indicators, traders can identify 2G ENERGY entry and exit signals to maximize returns
2G ENERGY Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for 2G ENERGY's price direction in advance. Along with the technical and fundamental analysis of 2GB Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of 2GB 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 | 0.0773 | |||
| Jensen Alpha | 0.2062 | |||
| Total Risk Alpha | (0.16) | |||
| Sortino Ratio | 0.0572 | |||
| Treynor Ratio | 1.02 |
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Additional Tools for 2GB Stock Analysis
When running 2G ENERGY's price analysis, check to measure 2G ENERGY'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 2G ENERGY is operating at the current time. Most of 2G ENERGY's value examination focuses on studying past and present price action to predict the probability of 2G ENERGY's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move 2G ENERGY's price. Additionally, you may evaluate how the addition of 2G ENERGY to your portfolios can decrease your overall portfolio volatility.