Energa Innovacin (Spain) Price on May 3, 2024
EIDF Stock | 3.69 0.01 0.27% |
If you're considering investing in Energa Stock, it is important to understand the factors that can impact its price. As of today, the current price of Energa Innovacin stands at 3.69, as last reported on the 29th of November, with the highest price reaching 3.76 and the lowest price hitting 3.55 during the day. Energa Innovacin y secures Sharpe Ratio (or Efficiency) of -0.11, which denotes the company had a -0.11% return per unit of risk over the last 3 months. Energa Innovacin y exposes twenty-four different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm Energa Innovacin's Standard Deviation of 4.72, variance of 22.24, and Mean Deviation of 3.26 to check the risk estimate we provide.
Energa Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
Energa |
Sharpe Ratio = -0.1086
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Estimated Market Risk
4.46 actual daily | 39 61% of assets are more volatile |
Expected Return
-0.48 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
-0.11 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Energa Innovacin 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 Energa Innovacin by adding Energa Innovacin to a well-diversified portfolio.
Energa Innovacin Valuation on May 3, 2024
It is possible to determine the worth of Energa Innovacin on a given historical date. On May 3, 2024 Energa was worth 6.24 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 Energa Innovacin stock. Still, in general, we apply an absolute valuation method to find Energa Innovacin'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 Energa Innovacin where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Energa Innovacin's related companies.
Open | High | Low | Close | Volume | |
8.15 | 8.40 | 6.45 | 6.45 | 426,940 | |
05/03/2024 | 6.24 | 6.54 | 5.66 | 6.10 | 303,029 |
6.30 | 6.98 | 6.20 | 6.81 | 227,444 |
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Energa Innovacin Trading Date Momentum on May 3, 2024
On May 06 2024 Energa Innovacin y was traded for 6.81 at the closing time. The highest price during the trading period was 6.98 and the lowest recorded bid was listed for 6.20 . The volume for the day was 227.4 K. This history from May 6, 2024 contributed to the next trading day price growth. The overall trading delta to the next closing price was 11.64% . The overall trading delta to the current price is 19.67% . |
Energa Innovacin y Fundamentals Correlations and Trends
By evaluating Energa Innovacin'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 Energa Innovacin's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Energa financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Energa Innovacin Stock history
Energa Innovacin 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 Energa is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Energa Innovacin y 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 Energa Innovacin stock prices may prove useful in developing a viable investing in Energa Innovacin
Energa Innovacin Stock Technical Analysis
Energa Innovacin 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
Energa Innovacin Period Price Range
Low | November 29, 2024
| High |
0.00 | 0.00 |
Energa Innovacin y 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.
Energa Innovacin November 29, 2024 Market Strength
Market strength indicators help investors to evaluate how Energa Innovacin stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Energa Innovacin shares will generate the highest return on investment. By undertsting and applying Energa Innovacin stock market strength indicators, traders can identify Energa Innovacin y entry and exit signals to maximize returns
Energa Innovacin Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Energa Innovacin's price direction in advance. Along with the technical and fundamental analysis of Energa Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Energa 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 | (0.07) | |||
Jensen Alpha | (0.48) | |||
Total Risk Alpha | (1.20) | |||
Treynor Ratio | 14.57 |
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Complementary Tools for Energa Stock analysis
When running Energa Innovacin's price analysis, check to measure Energa Innovacin'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 Energa Innovacin is operating at the current time. Most of Energa Innovacin's value examination focuses on studying past and present price action to predict the probability of Energa Innovacin's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Energa Innovacin's price. Additionally, you may evaluate how the addition of Energa Innovacin to your portfolios can decrease your overall portfolio volatility.
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