Encavis AG (Germany) Price on February 19, 2024
| ECV Stock | 17.40 0.19 1.10% |
If you're considering investing in Encavis Stock, it is important to understand the factors that can impact its price. As of today, the current price of Encavis AG stands at 17.40, as last reported on the 11th of December 2024, with the highest price reaching 17.42 and the lowest price hitting 17.39 during the day. Currently, Encavis AG is very steady. Encavis AG secures Sharpe Ratio (or Efficiency) of 0.0497, which denotes the company had a 0.0497% return per unit of standard deviation over the last 3 months. We have found thirty technical indicators for Encavis AG, which you can use to evaluate the volatility of the firm. Please confirm Encavis AG's Semi Deviation of 0.3509, mean deviation of 0.3433, and Downside Deviation of 0.458 to check if the risk estimate we provide is consistent with the expected return of 0.0247%.
Encavis Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
Encavis |
Sharpe Ratio = 0.0497
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Estimated Market Risk
| 0.5 actual daily | 4 96% of assets are more volatile |
Expected Return
| 0.02 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| 0.05 actual daily | 3 97% of assets perform better |
Based on monthly moving average Encavis AG is performing at about 3% 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 Encavis AG by adding it to a well-diversified portfolio.
Encavis AG Valuation on February 19, 2024
It is possible to determine the worth of Encavis AG on a given historical date. On February 19, 2024 Encavis was worth 12.03 at the beginning of the trading date compared to the closed value of 12.06. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Encavis AG stock. Still, in general, we apply an absolute valuation method to find Encavis AG'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 Encavis AG where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Encavis AG's related companies.
| Open | High | Low | Close | Volume | |
| 12.25 | 12.29 | 11.99 | 12.04 | 275,890 | |
02/19/2024 | 12.03 | 12.21 | 11.92 | 12.06 | 200,253 |
| 11.97 | 12.12 | 11.84 | 11.96 | 270,782 |
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Encavis AG Trading Date Momentum on February 19, 2024
| On February 20 2024 Encavis AG was traded for 11.96 at the closing time. The highest price during the trading period was 12.12 and the lowest recorded bid was listed for 11.84 . The volume for the day was 270.8 K. This history from February 20, 2024 contributed to the next trading day price decline. The overall trading delta to the next closing price was 0.83% . The overall trading delta to the current price is 10.45% . |
Encavis AG Fundamentals Correlations and Trends
By evaluating Encavis AG'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 Encavis AG's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Encavis financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Encavis AG Stock history
Encavis AG 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 Encavis is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Encavis AG 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 Encavis AG stock prices may prove useful in developing a viable investing in Encavis AG
Encavis AG Stock Technical Analysis
Encavis AG 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
Encavis AG Period Price Range
Low | December 11, 2024
| High |
0.00 | 0.00 |
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Encavis AG December 11, 2024 Market Strength
Market strength indicators help investors to evaluate how Encavis AG stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Encavis AG shares will generate the highest return on investment. By undertsting and applying Encavis AG stock market strength indicators, traders can identify Encavis AG entry and exit signals to maximize returns
Encavis AG Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Encavis AG's price direction in advance. Along with the technical and fundamental analysis of Encavis Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Encavis 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 | 0.0458 | |||
| Jensen Alpha | 0.0273 | |||
| Total Risk Alpha | (0.05) | |||
| Sortino Ratio | (0.20) | |||
| Treynor Ratio | (1.09) |
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Additional Tools for Encavis Stock Analysis
When running Encavis AG's price analysis, check to measure Encavis AG'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 Encavis AG is operating at the current time. Most of Encavis AG's value examination focuses on studying past and present price action to predict the probability of Encavis AG's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Encavis AG's price. Additionally, you may evaluate how the addition of Encavis AG to your portfolios can decrease your overall portfolio volatility.