EAM Solar (Norway) Price on February 29, 2024
| EAM Stock | NOK 0.16 0.01 5.88% |
If you're considering investing in EAM Stock, it is important to understand the factors that can impact its price. As of today, the current price of EAM Solar stands at 0.16, as last reported on the 11th of December 2024, with the highest price reaching 0.17 and the lowest price hitting 0.16 during the day. EAM Solar is out of control given 3 months investment horizon. EAM Solar ASA secures Sharpe Ratio (or Efficiency) of 0.13, which denotes the company had a 0.13% return per unit of risk over the last 3 months. We have collected data for twenty-eight different technical indicators, which can help you to evaluate if expected returns of 11.6% are justified by taking the suggested risk. Use EAM Solar Mean Deviation of 35.06, semi deviation of 22.96, and Downside Deviation of 29.06 to evaluate company specific risk that cannot be diversified away.
EAM Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
EAM |
Sharpe Ratio = 0.128
| Best Portfolio | Best Equity | EAM | ||
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Estimated Market Risk
| 90.66 actual daily | 96 96% of assets are less volatile |
Expected Return
| 5.01 actual daily | 96 96% of assets have lower returns |
Risk-Adjusted Return
| 0.13 actual daily | 10 90% of assets perform better |
Based on monthly moving average EAM Solar is performing at about 10% 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 EAM Solar by adding it to a well-diversified portfolio.
EAM Solar Valuation on February 29, 2024
It is possible to determine the worth of EAM Solar on a given historical date. On February 29, 2024 EAM was worth 17.35 at the beginning of the trading date compared to the closed value of 17.35. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of EAM Solar stock. Still, in general, we apply an absolute valuation method to find EAM Solar'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 EAM Solar where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against EAM Solar's related companies.
| Open | High | Low | Close | Volume | |
| 17.35 | 17.35 | 16.50 | 17.30 | 42,260 | |
02/29/2024 | 17.35 | 17.35 | 16.40 | 17.35 | 66,460 |
| 18.50 | 18.70 | 14.20 | 16.95 | 195,424 |
| Backtest EAM Solar | | | EAM Solar History | | | EAM Solar Valuation | Previous | Next |
EAM Solar Trading Date Momentum on February 29, 2024
| On March 01 2024 EAM Solar ASA was traded for 16.95 at the closing time. The maximum traded price for the trading interval was 18.70 and the lowest daily price was 14.20 . The daily volume was recorded at 195.4 K. The volume of trading on 1st of March 2024 played a part in the next trading day price drop. The overall trading delta to the next closing price was 2.31% . The overall trading delta to the closing price today is 18.44% . |
EAM Solar ASA Fundamentals Correlations and Trends
By evaluating EAM Solar'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 EAM Solar's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. EAM financial account trend analysis is a perfect complement when working with valuation or volatility modules.About EAM Solar Stock history
EAM Solar 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 EAM is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in EAM Solar 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 EAM Solar stock prices may prove useful in developing a viable investing in EAM Solar
EAM Solar ASA acquires, owns, and operates solar power plants in Europe. The company was founded in 2011 and is based in Oslo, Norway. EAM SOLAR operates under Electricity Distribution And Generation classification in Norway and is traded on Oslo Stock Exchange.
EAM Solar Stock Technical Analysis
EAM Solar 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
EAM Solar Period Price Range
Low | December 11, 2024
| High |
0.00 | 0.00 |
EAM Solar ASA cannot be verified against its exchange. Please verify the symbol is currently traded on Oslo Stock 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.
EAM Solar December 11, 2024 Market Strength
Market strength indicators help investors to evaluate how EAM Solar stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading EAM Solar shares will generate the highest return on investment. By undertsting and applying EAM Solar stock market strength indicators, traders can identify EAM Solar ASA entry and exit signals to maximize returns
EAM Solar Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for EAM Solar's price direction in advance. Along with the technical and fundamental analysis of EAM Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of EAM 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 | 0.0993 | |||
| Jensen Alpha | 10.47 | |||
| Total Risk Alpha | (3.10) | |||
| Sortino Ratio | 0.3762 | |||
| Treynor Ratio | 2.19 |
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Other Information on Investing in EAM Stock
EAM Solar financial ratios help investors to determine whether EAM Stock is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in EAM with respect to the benefits of owning EAM Solar security.