Equinor ASA (Germany) Price on June 2, 2024
DNQ Stock | EUR 21.96 0.29 1.34% |
If you're considering investing in Equinor Stock, it is important to understand the factors that can impact its price. As of today, the current price of Equinor ASA stands at 21.96, as last reported on the 29th of December, with the highest price reaching 22.23 and the lowest price hitting 21.66 during the day. Equinor ASA secures Sharpe Ratio (or Efficiency) of -0.0106, which denotes the company had a -0.0106% return per unit of risk over the last 3 months. Equinor ASA exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm Equinor ASA's Mean Deviation of 1.69, standard deviation of 2.08, and Variance of 4.35 to check the risk estimate we provide.
Equinor Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
Equinor |
Sharpe Ratio = -0.0106
Best Portfolio | Best Equity | |||
Good Returns | ||||
Average Returns | ||||
Small Returns | ||||
Cash | Small Risk | Average Risk | High Risk | Huge Risk |
Negative Returns | DNQ |
Estimated Market Risk
2.04 actual daily | 18 82% of assets are more volatile |
Expected Return
-0.02 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
-0.01 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Equinor ASA 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 Equinor ASA by adding Equinor ASA to a well-diversified portfolio.
Equinor ASA Valuation on June 2, 2024
It is possible to determine the worth of Equinor ASA on a given historical date. On June 2, 2024 Equinor was worth 25.41 at the beginning of the trading date compared to the closed value of 25.85. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Equinor ASA stock. Still, in general, we apply an absolute valuation method to find Equinor ASA'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 Equinor ASA where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Equinor ASA's related companies.
Open | High | Low | Close | Volume | |
25.49 | 25.49 | 25.25 | 25.35 | 4,807 | |
05/31/2024 | 25.41 | 26.06 | 25.41 | 25.85 | 2,518 |
25.76 | 26.52 | 25.76 | 25.89 | 4,646 |
Backtest Equinor ASA | | | Equinor ASA History | | | Equinor ASA Valuation | Previous | Next |
Equinor ASA Trading Date Momentum on June 2, 2024
On June 03 2024 Equinor ASA was traded for 25.89 at the closing time. The highest daily price throughout the period was 26.52 and the lowest price was 25.76 . The daily volume was 4.6 K. The net trading volume on 06/03/2024 added to the next day price rise. The overall trading delta to closing price of the next trading day was 0.15% . The overall trading delta to current closing price is 3.75% . |
Equinor ASA Fundamentals Correlations and Trends
By evaluating Equinor ASA'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 Equinor ASA's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Equinor financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Equinor ASA Stock history
Equinor ASA 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 Equinor is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Equinor ASA 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 Equinor ASA stock prices may prove useful in developing a viable investing in Equinor ASA
Equinor ASA, an energy company, explores for, produces, transports, refines, and markets petroleum and petroleum-derived products, and other forms of energy in Norway and internationally. Equinor ASA was founded in 1972 and is headquartered in Stavanger, Norway. EQUINOR ASA is traded on Frankfurt Stock Exchange in Germany.
Equinor ASA Stock Technical Analysis
Equinor ASA 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
Equinor ASA Period Price Range
Low | December 29, 2024
| High |
0.00 | 0.00 |
Equinor ASA 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.
Equinor ASA December 29, 2024 Market Strength
Market strength indicators help investors to evaluate how Equinor ASA stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Equinor ASA shares will generate the highest return on investment. By undertsting and applying Equinor ASA stock market strength indicators, traders can identify Equinor ASA entry and exit signals to maximize returns
Equinor ASA Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Equinor ASA's price direction in advance. Along with the technical and fundamental analysis of Equinor Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Equinor 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 | (0.0002) | |||
Jensen Alpha | (0.03) | |||
Total Risk Alpha | (0.08) | |||
Treynor Ratio | (0.09) |
Cycle Indicators | ||
Math Operators | ||
Math Transform | ||
Momentum Indicators | ||
Overlap Studies | ||
Pattern Recognition | ||
Price Transform | ||
Statistic Functions | ||
Volatility Indicators | ||
Volume Indicators |
Complementary Tools for Equinor Stock analysis
When running Equinor ASA's price analysis, check to measure Equinor ASA'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 Equinor ASA is operating at the current time. Most of Equinor ASA's value examination focuses on studying past and present price action to predict the probability of Equinor ASA's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Equinor ASA's price. Additionally, you may evaluate how the addition of Equinor ASA to your portfolios can decrease your overall portfolio volatility.
ETF Categories List of ETF categories grouped based on various criteria, such as the investment strategy or type of investments | |
Portfolio Rebalancing Analyze risk-adjusted returns against different time horizons to find asset-allocation targets | |
Alpha Finder Use alpha and beta coefficients to find investment opportunities after accounting for the risk |