Everfuel (Norway) Price on September 3, 2024
| EFUEL Stock | NOK 12.72 0.02 0.16% |
If you're considering investing in Everfuel Stock, it is important to understand the factors that can impact its price. As of today, the current price of Everfuel stands at 12.72, as last reported on the 24th of November, with the highest price reaching 12.80 and the lowest price hitting 12.64 during the day. Everfuel appears to be slightly risky, given 3 months investment horizon. Everfuel AS 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. By reviewing Everfuel's technical indicators, you can evaluate if the expected return of 0.76% is justified by implied risk. Please utilize Everfuel's Coefficient Of Variation of 850.09, mean deviation of 1.66, and Standard Deviation of 6.1 to check if our risk estimates are consistent with your expectations.
Everfuel Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
Everfuel |
Sharpe Ratio = 0.1254
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Estimated Market Risk
| 6.09 actual daily | 54 54% of assets are less volatile |
Expected Return
| 0.76 actual daily | 15 85% of assets have higher returns |
Risk-Adjusted Return
| 0.13 actual daily | 9 91% of assets perform better |
Based on monthly moving average Everfuel is performing at about 9% 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 Everfuel by adding it to a well-diversified portfolio.
Everfuel Valuation on September 3, 2024
It is possible to determine the worth of Everfuel on a given historical date. On September 3, 2024 Everfuel was worth 12.7 at the beginning of the trading date compared to the closed value of 12.72. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Everfuel stock. Still, in general, we apply an absolute valuation method to find Everfuel'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 Everfuel where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Everfuel's related companies.
| Open | High | Low | Close | Volume | |
| 12.66 | 12.72 | 12.66 | 12.70 | 43,365 | |
09/03/2024 | 12.70 | 12.78 | 12.70 | 12.72 | 51,257 |
| 12.70 | 12.80 | 12.70 | 12.70 | 91,023 |
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Everfuel Trading Date Momentum on September 3, 2024
| On September 04 2024 Everfuel AS was traded for 12.70 at the closing time. The highest price during the trading period was 12.80 and the lowest recorded bid was listed for 12.70 . The volume for the day was 91 K. This history from September 4, 2024 contributed to the next trading day price decline. The overall trading delta to the next closing price was 0.16% . The overall trading delta to the current price is 0.94% . |
Everfuel AS Fundamentals Correlations and Trends
By evaluating Everfuel'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 Everfuel's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Everfuel financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Everfuel Stock history
Everfuel 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 Everfuel is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Everfuel AS 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 Everfuel stock prices may prove useful in developing a viable investing in Everfuel
Everfuel AS operates as an integrated green hydrogen fuel company in Denmark, Norway, Sweden, the Netherlands, Germany, and Belgium. The company was incorporated in 2017 and is headquartered in Herning, Denmark. EVERFUEL is traded on Oslo Stock Exchange in Norway.
Everfuel Stock Technical Analysis
Everfuel 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
Everfuel Period Price Range
Low | November 24, 2024
| High |
0.00 | 0.00 |
Everfuel AS 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.
Everfuel November 24, 2024 Market Strength
Market strength indicators help investors to evaluate how Everfuel stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Everfuel shares will generate the highest return on investment. By undertsting and applying Everfuel stock market strength indicators, traders can identify Everfuel AS entry and exit signals to maximize returns
Everfuel Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Everfuel's price direction in advance. Along with the technical and fundamental analysis of Everfuel Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Everfuel 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 | 0.099 | |||
| Jensen Alpha | 0.7344 | |||
| Total Risk Alpha | (0.25) | |||
| Sortino Ratio | 0.4327 | |||
| Treynor Ratio | (3.25) |
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Other Information on Investing in Everfuel Stock
Everfuel financial ratios help investors to determine whether Everfuel 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 Everfuel with respect to the benefits of owning Everfuel security.