ECOBANK GHANA (Ghana) Price on November 14, 2024
| EGH Stock | 6.50 0.00 0.00% |
If you're considering investing in ECOBANK Stock, it is important to understand the factors that can impact its price. As of today, the current price of ECOBANK GHANA stands at 6.50, as last reported on the 29th of November, with the highest price reaching 6.50 and the lowest price hitting 6.50 during the day. At this point, ECOBANK GHANA is not too volatile. ECOBANK GHANA LIMITED 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 found sixteen technical indicators for ECOBANK GHANA LIMITED, which you can use to evaluate the volatility of the entity. Please confirm ECOBANK GHANA's Standard Deviation of 0.8072, coefficient of variation of 812.4, and Mean Deviation of 0.1957 to check if the risk estimate we provide is consistent with the expected return of 0.1%.
ECOBANK Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
ECOBANK |
Sharpe Ratio = 0.125
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Estimated Market Risk
| 0.82 actual daily | 7 93% of assets are more volatile |
Expected Return
| 0.1 actual daily | 1 99% of assets have higher returns |
Risk-Adjusted Return
| 0.13 actual daily | 9 91% of assets perform better |
Based on monthly moving average ECOBANK GHANA 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 ECOBANK GHANA by adding it to a well-diversified portfolio.
ECOBANK GHANA Valuation on November 14, 2024
It is possible to determine the worth of ECOBANK GHANA on a given historical date. On November 14, 2024 ECOBANK was worth 6.1 at the beginning of the trading date compared to the closed value of 6.1. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of ECOBANK GHANA stock. Still, in general, we apply an absolute valuation method to find ECOBANK GHANA'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 ECOBANK GHANA where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against ECOBANK GHANA's related companies.
| Open | High | Low | Close | Volume | |
| 6.10 | 6.10 | 6.10 | 6.10 | 1.00 | |
11/14/2024 | 6.10 | 6.10 | 6.10 | 6.10 | 1.00 |
| 6.10 | 6.50 | 6.10 | 6.50 | 100,000 |
| Backtest ECOBANK GHANA | | | ECOBANK GHANA History | Previous | Next |
ECOBANK GHANA Trading Date Momentum on November 14, 2024
| On November 15 2024 ECOBANK GHANA LIMITED was traded for 6.50 at the closing time. The highest price during the trading period was 6.50 and the lowest recorded bid was listed for 6.10 . The volume for the day was 100 K. This history from November 15, 2024 contributed to the next trading day price growth. The overall trading delta to the next closing price was 6.56% . The overall trading delta to the current price is 6.56% . |
Price Boundaries
ECOBANK GHANA Period Price Range
Low | November 29, 2024
| High |
0.00 | 0.00 |
ECOBANK GHANA LIMITED cannot be verified against its exchange. Please verify the symbol is currently traded on Ghana 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.
ECOBANK GHANA November 29, 2024 Market Strength
Market strength indicators help investors to evaluate how ECOBANK GHANA stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading ECOBANK GHANA shares will generate the highest return on investment. By undertsting and applying ECOBANK GHANA stock market strength indicators, traders can identify ECOBANK GHANA LIMITED entry and exit signals to maximize returns
ECOBANK GHANA Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for ECOBANK GHANA's price direction in advance. Along with the technical and fundamental analysis of ECOBANK Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of ECOBANK 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 | 0.0948 | |||
| Jensen Alpha | 0.1057 | |||
| Total Risk Alpha | (0.03) | |||
| Treynor Ratio | (0.63) |
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Complementary Tools for ECOBANK Stock analysis
When running ECOBANK GHANA's price analysis, check to measure ECOBANK GHANA'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 ECOBANK GHANA is operating at the current time. Most of ECOBANK GHANA's value examination focuses on studying past and present price action to predict the probability of ECOBANK GHANA's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move ECOBANK GHANA's price. Additionally, you may evaluate how the addition of ECOBANK GHANA to your portfolios can decrease your overall portfolio volatility.
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