Energa Innovacin (Spain) Price on November 28, 2023

EIDF Stock   3.71  0.02  0.54%   
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 3.71, as last reported on the 2nd of December, with the highest price reaching 3.79 and the lowest price hitting 3.62 during the day. Energa Innovacin y 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. 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 Mean Deviation of 2.93, standard deviation of 4.37, and Variance of 19.11 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.

Sharpe Ratio = -0.1324

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Estimated Market Risk

 4.37
  actual daily
38
62% of assets are more volatile

Expected Return

 -0.58
  actual daily
0
Most of other assets have higher returns

Risk-Adjusted Return

 -0.13
  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 November 28, 2023

It is possible to determine the worth of Energa Innovacin on a given historical date. On November 28, 2023 Energa was worth 3.7 at the beginning of the trading date compared to the closed value of 3.5. 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
  3.80    3.82    3.66    3.66    86,352  
11/28/2023
  3.70    3.70    3.49    3.50    177,489  
  3.53    3.53    3.44    3.49    85,574  
Backtest Energa Innovacin  |  Energa Innovacin History  |  Energa Innovacin Valuation   PreviousNext  
Open Value
3.7
3.5
Closing Value
16.81
Upside

Energa Innovacin Trading Date Momentum on November 28, 2023

On November 29 2023 Energa Innovacin y was traded for  3.49  at the closing time. The highest price during the trading period was 3.53  and the lowest recorded bid was listed for  3.44 . The volume for the day was 85.6 K. This history from November 29, 2023 contributed to the next trading day price decline. The overall trading delta to the next closing price was 0.29% . The overall trading delta to the current price is 2.86% .

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.
A focus of Energa Innovacin technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of Energa Innovacin trading pattern rather than external drivers such as economic, fundamental, or social events. It is believed that price action tends to repeat itself due to investors' collective, patterned behavior. Hence technical analysis focuses on identifiable price trends and conditions. More Info...

Price Boundaries

Energa Innovacin Period Price Range

Low
December 2, 2024
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High

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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 December 2, 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.

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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