Ecomiam SA (France) Price on August 11, 2023
| ALECO Stock | EUR 2.33 0.03 1.27% |
If you're considering investing in Ecomiam Stock, it is important to understand the factors that can impact its price. As of today, the current price of Ecomiam SA stands at 2.33, as last reported on the 29th of November, with the highest price reaching 2.37 and the lowest price hitting 2.33 during the day. Ecomiam SA secures Sharpe Ratio (or Efficiency) of -0.0792, which denotes the company had a -0.0792% return per unit of risk over the last 3 months. Ecomiam SA exposes twenty-four different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm Ecomiam SA's Variance of 7.11, mean deviation of 1.89, and Standard Deviation of 2.67 to check the risk estimate we provide.
Ecomiam Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
Ecomiam |
Sharpe Ratio = -0.0792
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| Negative Returns | ALECO |
Estimated Market Risk
| 2.68 actual daily | 23 77% of assets are more volatile |
Expected Return
| -0.21 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| -0.08 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Ecomiam SA 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 Ecomiam SA by adding Ecomiam SA to a well-diversified portfolio.
Ecomiam SA Valuation on August 11, 2023
It is possible to determine the worth of Ecomiam SA on a given historical date. On August 11, 2023 Ecomiam was worth 4.77 at the beginning of the trading date compared to the closed value of 4.46. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Ecomiam SA stock. Still, in general, we apply an absolute valuation method to find Ecomiam SA'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 Ecomiam SA where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Ecomiam SA's related companies.
| Open | High | Low | Close | Volume | |
| 4.87 | 4.87 | 4.77 | 4.77 | 3,819 | |
08/11/2023 | 4.77 | 4.77 | 4.28 | 4.46 | 4,361 |
| 4.50 | 4.56 | 4.36 | 4.56 | 1,835 |
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Ecomiam SA Trading Date Momentum on August 11, 2023
| On August 14 2023 Ecomiam SA was traded for 4.56 at the closing time. The highest price during the trading period was 4.56 and the lowest recorded bid was listed for 4.36 . The volume for the day was 1.8 K. This history from August 14, 2023 contributed to the next trading day price gain. The overall trading delta to the next closing price was 2.24% . The overall trading delta to the current price is 3.81% . |
Ecomiam SA Fundamentals Correlations and Trends
By evaluating Ecomiam SA'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 Ecomiam SA's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Ecomiam financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Ecomiam SA Stock history
Ecomiam SA 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 Ecomiam is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Ecomiam SA 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 Ecomiam SA stock prices may prove useful in developing a viable investing in Ecomiam SA
Ecomiam SA Stock Technical Analysis
Ecomiam SA 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
Ecomiam SA Period Price Range
Low | November 29, 2024
| High |
0.00 | 0.00 |
Ecomiam SA cannot be verified against its exchange. Please verify the symbol is currently traded on Euronext Paris. 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.
Ecomiam SA November 29, 2024 Market Strength
Market strength indicators help investors to evaluate how Ecomiam SA stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Ecomiam SA shares will generate the highest return on investment. By undertsting and applying Ecomiam SA stock market strength indicators, traders can identify Ecomiam SA entry and exit signals to maximize returns
Ecomiam SA Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Ecomiam SA's price direction in advance. Along with the technical and fundamental analysis of Ecomiam Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Ecomiam 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 | (0.08) | |||
| Jensen Alpha | (0.31) | |||
| Total Risk Alpha | (0.71) | |||
| Treynor Ratio | (4.38) |
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Additional Tools for Ecomiam Stock Analysis
When running Ecomiam SA's price analysis, check to measure Ecomiam SA'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 Ecomiam SA is operating at the current time. Most of Ecomiam SA's value examination focuses on studying past and present price action to predict the probability of Ecomiam SA's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Ecomiam SA's price. Additionally, you may evaluate how the addition of Ecomiam SA to your portfolios can decrease your overall portfolio volatility.