European Equity Closed Fund Price on September 25, 2024
| EEA Fund | USD 8.60 0.14 1.65% |
Below is the normalized historical share price chart for European Equity Closed extending back to July 18, 1986. This chart has been adjusted for all splits and dividends and is plotted against all major global economic recessions. As of today, the current price of European Equity stands at 8.60, as last reported on the 1st of December, with the highest price reaching 8.63 and the lowest price hitting 8.46 during the day.
If you're considering investing in European Fund, it is important to understand the factors that can impact its price. European Equity Closed secures Sharpe Ratio (or Efficiency) of -0.12, which denotes the fund had a -0.12% return per unit of risk over the last 3 months. European Equity Closed exposes twenty-four different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm European Equity's Standard Deviation of 0.8444, mean deviation of 0.6629, and Variance of 0.713 to check the risk estimate we provide.
European Fund price history is provided at the adjusted basis, taking into account all of the recent filings.
European |
Sharpe Ratio = -0.1247
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| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
| Negative Returns | EEA |
Estimated Market Risk
| 0.83 actual daily | 7 93% of assets are more volatile |
Expected Return
| -0.1 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| -0.12 actual daily | 0 Most of other assets perform better |
Based on monthly moving average European Equity 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 European Equity by adding European Equity to a well-diversified portfolio.
Market Capitalization 61.6 M |
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European Equity Valuation on September 25, 2024
It is possible to determine the worth of European Equity on a given historical date. On September 25, 2024 European was worth 9.31 at the beginning of the trading date compared to the closed value of 9.31. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of European Equity fund. Still, in general, we apply an absolute valuation method to find European Equity'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 European Equity where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against European Equity's related companies.
| Open | High | Low | Close | Volume | |
| 9.22 | 9.35 | 9.21 | 9.34 | 2,400 | |
09/25/2024 | 9.31 | 9.31 | 9.31 | 9.31 | 579.00 |
| 9.37 | 9.47 | 9.35 | 9.47 | 8,570 |
| Backtest European Equity | | | European Equity History | | | European Equity Valuation | Previous | Next |
European Equity Trading Date Momentum on September 25, 2024
| On September 26 2024 European Equity Closed was traded for 9.47 at the closing time. Highest European Equity's price during the trading hours was 9.47 and the lowest price during the day was 9.35 . The net volume was 8.6 K. The overall trading history on the 26th of September contributed to the next trading period price jump. The overall trading delta to the next next day price was 1.72% . The overall trading delta to current price is 3.97% . |
European Equity Closed Fundamentals Correlations and Trends
By evaluating European Equity'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 European Equity's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. European financial account trend analysis is a perfect complement when working with valuation or volatility modules.About European Equity Fund history
European Equity 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 European is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in European Equity Closed 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 European Equity stock prices may prove useful in developing a viable investing in European Equity
The European Equity Fund, Inc. is a closed ended equity mutual fund launched by Deutsche Investment Management Americas Inc. The fund is managed by Deutsche Asset Management International GmbH. It invests in the public equity markets of Europe. The fund seeks to invest in the stocks of companies operating across diversified sectors. It primarily invests in equity or equity-linked securities of companies. The fund seeks to benchmark the performance of its portfolio against the MSCI-EMU Index. It was formerly known as Germany Fund Inc. The European Equity Fund, Inc. was formed on July 23, 1986 and is domiciled in the United States.
European Equity Fund Technical Analysis
European Equity technical fund 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, fund market cycles, or different charting patterns.
Price Boundaries
European Equity Period Price Range
Low | December 1, 2024
| High |
0.00 | 0.00 |
European Equity Closed cannot be verified against its exchange. Please verify the symbol is currently traded on New York 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.
European Equity December 1, 2024 Market Strength
Market strength indicators help investors to evaluate how European Equity fund reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading European Equity shares will generate the highest return on investment. By undertsting and applying European Equity fund market strength indicators, traders can identify European Equity Closed entry and exit signals to maximize returns
European Equity Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for European Equity's price direction in advance. Along with the technical and fundamental analysis of European Fund historical price patterns, it is also worthwhile for investors to track various predictive indicators of European 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 | (0.11) | |||
| Jensen Alpha | (0.14) | |||
| Total Risk Alpha | (0.27) | |||
| Treynor Ratio | (1.32) |
| Cycle Indicators | ||
| Math Operators | ||
| Math Transform | ||
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| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
Other Information on Investing in European Fund
European Equity financial ratios help investors to determine whether European Fund 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 European with respect to the benefits of owning European Equity security.
| Odds Of Bankruptcy Get analysis of equity chance of financial distress in the next 2 years | |
| Portfolio Suggestion Get suggestions outside of your existing asset allocation including your own model portfolios |