EIDESVIK OFFSHORE (Germany) Price on September 5, 2024
E1V Stock | EUR 1.12 0.01 0.88% |
If you're considering investing in EIDESVIK Stock, it is important to understand the factors that can impact its price. As of today, the current price of EIDESVIK OFFSHORE stands at 1.12, as last reported on the 26th of November, with the highest price reaching 1.12 and the lowest price hitting 1.12 during the day. EIDESVIK OFFSHORE secures Sharpe Ratio (or Efficiency) of -0.11, which denotes the company had a -0.11% return per unit of risk over the last 3 months. EIDESVIK OFFSHORE NK exposes twenty-one different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm EIDESVIK OFFSHORE's Mean Deviation of 1.8, standard deviation of 2.67, and Variance of 7.12 to check the risk estimate we provide.
EIDESVIK Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
EIDESVIK |
Sharpe Ratio = -0.1132
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Estimated Market Risk
2.5 actual daily | 22 78% of assets are more volatile |
Expected Return
-0.28 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
-0.11 actual daily | 0 Most of other assets perform better |
Based on monthly moving average EIDESVIK OFFSHORE 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 EIDESVIK OFFSHORE by adding EIDESVIK OFFSHORE to a well-diversified portfolio.
EIDESVIK OFFSHORE Valuation on September 5, 2024
It is possible to determine the worth of EIDESVIK OFFSHORE on a given historical date. On September 5, 2024 EIDESVIK was worth 1.26 at the beginning of the trading date compared to the closed value of 1.26. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of EIDESVIK OFFSHORE stock. Still, in general, we apply an absolute valuation method to find EIDESVIK OFFSHORE'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 EIDESVIK OFFSHORE where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against EIDESVIK OFFSHORE's related companies.
Open | High | Low | Close | Volume | |
1.27 | 1.27 | 1.24 | 1.24 | 60.00 | |
09/05/2024 | 1.26 | 1.26 | 1.26 | 1.26 | 60.00 |
1.27 | 1.27 | 1.27 | 1.27 | 60.00 |
Backtest EIDESVIK OFFSHORE | | | EIDESVIK OFFSHORE History | Previous | Next |
EIDESVIK OFFSHORE Trading Date Momentum on September 5, 2024
On September 06 2024 EIDESVIK OFFSHORE NK was traded for 1.27 at the closing time. The highest daily price throughout the period was 1.27 and the lowest price was 1.27 . The daily volume was 60.0. The net trading volume on 09/06/2024 added to the next day price rise. The overall trading delta to closing price of the next trading day was 0.79% . The overall trading delta to current closing price is 1.59% . |
About EIDESVIK OFFSHORE Stock history
EIDESVIK OFFSHORE 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 EIDESVIK is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in EIDESVIK OFFSHORE 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 EIDESVIK OFFSHORE stock prices may prove useful in developing a viable investing in EIDESVIK OFFSHORE
EIDESVIK OFFSHORE Stock Technical Analysis
EIDESVIK OFFSHORE 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
EIDESVIK OFFSHORE Period Price Range
Low | November 26, 2024
| High |
0.00 | 0.00 |
EIDESVIK OFFSHORE NK 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.
EIDESVIK OFFSHORE November 26, 2024 Market Strength
Market strength indicators help investors to evaluate how EIDESVIK OFFSHORE stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading EIDESVIK OFFSHORE shares will generate the highest return on investment. By undertsting and applying EIDESVIK OFFSHORE stock market strength indicators, traders can identify EIDESVIK OFFSHORE NK entry and exit signals to maximize returns
EIDESVIK OFFSHORE Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for EIDESVIK OFFSHORE's price direction in advance. Along with the technical and fundamental analysis of EIDESVIK Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of EIDESVIK 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 | (0.09) | |||
Jensen Alpha | (0.30) | |||
Total Risk Alpha | (0.77) | |||
Treynor Ratio | 0.8475 |
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Complementary Tools for EIDESVIK Stock analysis
When running EIDESVIK OFFSHORE's price analysis, check to measure EIDESVIK OFFSHORE'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 EIDESVIK OFFSHORE is operating at the current time. Most of EIDESVIK OFFSHORE's value examination focuses on studying past and present price action to predict the probability of EIDESVIK OFFSHORE's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move EIDESVIK OFFSHORE's price. Additionally, you may evaluate how the addition of EIDESVIK OFFSHORE to your portfolios can decrease your overall portfolio volatility.
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