Ercros (Spain) Price on February 23, 2023
ECR Stock | EUR 3.53 0.03 0.86% |
If you're considering investing in Ercros Stock, it is important to understand the factors that can impact its price. As of today, the current price of Ercros stands at 3.53, as last reported on the 30th of November, with the highest price reaching 3.53 and the lowest price hitting 3.50 during the day. Ercros secures Sharpe Ratio (or Efficiency) of -0.13, which denotes the company had a -0.13% return per unit of standard deviation over the last 3 months. Ercros exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm Ercros' Coefficient Of Variation of (815.64), standard deviation of 0.7875, and Mean Deviation of 0.5104 to check the risk estimate we provide.
Ercros Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
Ercros |
Sharpe Ratio = -0.1345
Best Portfolio | Best Equity | |||
Good Returns | ||||
Average Returns | ||||
Small Returns | ||||
Cash | Small Risk | Average Risk | High Risk | Huge Risk |
Negative Returns | ECR |
Estimated Market Risk
0.79 actual daily | 7 93% of assets are more volatile |
Expected Return
-0.11 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
-0.13 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Ercros 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 Ercros by adding Ercros to a well-diversified portfolio.
Ercros Valuation on February 23, 2023
It is possible to determine the worth of Ercros on a given historical date. On February 23, 2023 Ercros was worth 3.57 at the beginning of the trading date compared to the closed value of 3.65. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Ercros stock. Still, in general, we apply an absolute valuation method to find Ercros' 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 Ercros where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Ercros' related companies.
Open | High | Low | Close | Volume | |
3.64 | 3.69 | 3.58 | 3.61 | 369,093 | |
02/23/2023 | 3.57 | 3.69 | 3.57 | 3.65 | 190,064 |
3.59 | 3.72 | 3.59 | 3.67 | 146,473 |
Backtest Ercros | | | Ercros History | | | Ercros Valuation | Previous | Next |
Ercros Trading Date Momentum on February 23, 2023
On February 24 2023 Ercros was traded for 3.67 at the closing time. The maximum traded price for the trading interval was 3.72 and the lowest daily price was 3.59 . The daily volume was recorded at 146.5 K. The volume of trading on 24th of February 2023 played a part in the next trading day price growth. The overall trading delta to the next closing price was 0.55% . The overall trading delta to the closing price today is 8.49% . |
Ercros Fundamentals Correlations and Trends
By evaluating Ercros' financials over time, investors can gain insight into future company performance. However, you can also analyze the published financial statements to find patterns among Ercros' main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Ercros financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Ercros Stock history
Ercros 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 Ercros is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Ercros 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 Ercros stock prices may prove useful in developing a viable investing in Ercros
Ercros, S.A. manufactures and sells basic chemicals, intermediate chemicals, and pharmaceuticals in Spain. Ercros, S.A. was founded in 1817 and is headquartered in Barcelona, Spain. ERCROS operates under Chemicals classification in Spain and is traded on Madrid SE C.A.T.S.. It employs 1304 people.
Ercros Stock Technical Analysis
Ercros 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
Ercros Period Price Range
Low | November 30, 2024
| High |
0.00 | 0.00 |
Ercros cannot be verified against its exchange. Please verify the symbol is currently traded on Madrid 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.
Ercros November 30, 2024 Market Strength
Market strength indicators help investors to evaluate how Ercros stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Ercros shares will generate the highest return on investment. By undertsting and applying Ercros stock market strength indicators, traders can identify Ercros entry and exit signals to maximize returns
Ercros Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Ercros' price direction in advance. Along with the technical and fundamental analysis of Ercros Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Ercros 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 | (0.12) | |||
Total Risk Alpha | (0.24) | |||
Treynor Ratio | (1.41) |
Cycle Indicators | ||
Math Operators | ||
Math Transform | ||
Momentum Indicators | ||
Overlap Studies | ||
Pattern Recognition | ||
Price Transform | ||
Statistic Functions | ||
Volatility Indicators | ||
Volume Indicators |
Complementary Tools for Ercros Stock analysis
When running Ercros' price analysis, check to measure Ercros' 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 Ercros is operating at the current time. Most of Ercros' value examination focuses on studying past and present price action to predict the probability of Ercros' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Ercros' price. Additionally, you may evaluate how the addition of Ercros to your portfolios can decrease your overall portfolio volatility.
ETFs Find actively traded Exchange Traded Funds (ETF) from around the world | |
Price Exposure Probability Analyze equity upside and downside potential for a given time horizon across multiple markets | |
Idea Optimizer Use advanced portfolio builder with pre-computed micro ideas to build optimal portfolio | |
Portfolio File Import Quickly import all of your third-party portfolios from your local drive in csv format | |
Portfolio Rebalancing Analyze risk-adjusted returns against different time horizons to find asset-allocation targets | |
Money Managers Screen money managers from public funds and ETFs managed around the world | |
My Watchlist Analysis Analyze my current watchlist and to refresh optimization strategy. Macroaxis watchlist is based on self-learning algorithm to remember stocks you like |