Eik Fasteignaflag (Iceland) Price on October 15, 2024
| EIK Stock | ISK 13.30 0.30 2.31% |
If you're considering investing in Eik Stock, it is important to understand the factors that can impact its price. As of today, the current price of Eik Fasteignaflag stands at 13.30, as last reported on the 28th of November, with the highest price reaching 13.30 and the lowest price hitting 13.00 during the day. Eik Fasteignaflag appears to be not too volatile, given 3 months investment horizon. Eik fasteignaflag secures Sharpe Ratio (or Efficiency) of 0.2, which denotes the company had a 0.2% return per unit of risk over the last 3 months. We have found twenty-nine technical indicators for Eik fasteignaflag hf, which you can use to evaluate the volatility of the firm. Please utilize Eik Fasteignaflag's Coefficient Of Variation of 536.57, mean deviation of 1.08, and Downside Deviation of 1.37 to check if our risk estimates are consistent with your expectations.
Eik Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
Eik |
Sharpe Ratio = 0.1996
| Best Portfolio | Best Equity | |||
| Good Returns | ||||
| Average Returns | ||||
| Small Returns | EIK | |||
| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
| Negative Returns |
Estimated Market Risk
| 1.52 actual daily | 13 87% of assets are more volatile |
Expected Return
| 0.3 actual daily | 5 95% of assets have higher returns |
Risk-Adjusted Return
| 0.2 actual daily | 15 85% of assets perform better |
Based on monthly moving average Eik Fasteignaflag is performing at about 15% 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 Eik Fasteignaflag by adding it to a well-diversified portfolio.
Eik Fasteignaflag Valuation on October 15, 2024
It is possible to determine the worth of Eik Fasteignaflag on a given historical date. On October 15, 2024 Eik was worth 12.3 at the beginning of the trading date compared to the closed value of 12.5. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Eik Fasteignaflag stock. Still, in general, we apply an absolute valuation method to find Eik Fasteignaflag'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 Eik Fasteignaflag where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Eik Fasteignaflag's related companies.
| Open | High | Low | Close | Volume | |
| 12.40 | 12.50 | 12.40 | 12.50 | 262,787 | |
10/15/2024 | 12.30 | 12.50 | 12.30 | 12.50 | 2,044,117 |
| 12.50 | 12.50 | 12.30 | 12.30 | 3,087,300 |
| Backtest Eik Fasteignaflag | | | Eik Fasteignaflag History | | | Eik Fasteignaflag Valuation | Previous | Next |
Eik Fasteignaflag Trading Date Momentum on October 15, 2024
| On October 16 2024 Eik fasteignaflag hf was traded for 12.30 at the closing time. The maximum traded price for the trading interval was 12.50 and the lowest daily price was 12.30 . The daily volume was recorded at 3.1 M. The volume of trading on 16th of October 2024 played a part in the next trading day price drop. The overall trading delta to the next closing price was 1.60% . The overall trading delta to the closing price today is 9.60% . |
Eik fasteignaflag Fundamentals Correlations and Trends
By evaluating Eik Fasteignaflag'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 Eik Fasteignaflag's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Eik financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Eik Fasteignaflag Stock history
Eik Fasteignaflag 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 Eik is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Eik fasteignaflag 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 Eik Fasteignaflag stock prices may prove useful in developing a viable investing in Eik Fasteignaflag
Eik Fasteignaflag Stock Technical Analysis
Eik Fasteignaflag 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
Eik Fasteignaflag Period Price Range
Low | November 28, 2024
| High |
0.00 | 0.00 |
Eik fasteignaflag hf cannot be verified against its exchange. Please verify the symbol is currently traded on Iceland 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.
Eik Fasteignaflag November 28, 2024 Market Strength
Market strength indicators help investors to evaluate how Eik Fasteignaflag stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Eik Fasteignaflag shares will generate the highest return on investment. By undertsting and applying Eik Fasteignaflag stock market strength indicators, traders can identify Eik fasteignaflag hf entry and exit signals to maximize returns
Eik Fasteignaflag Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Eik Fasteignaflag's price direction in advance. Along with the technical and fundamental analysis of Eik Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Eik 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 | 0.1478 | |||
| Jensen Alpha | 0.3478 | |||
| Total Risk Alpha | 0.0449 | |||
| Sortino Ratio | 0.117 | |||
| Treynor Ratio | (0.44) |
| Cycle Indicators | ||
| Math Operators | ||
| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
Complementary Tools for Eik Stock analysis
When running Eik Fasteignaflag's price analysis, check to measure Eik Fasteignaflag'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 Eik Fasteignaflag is operating at the current time. Most of Eik Fasteignaflag's value examination focuses on studying past and present price action to predict the probability of Eik Fasteignaflag's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Eik Fasteignaflag's price. Additionally, you may evaluate how the addition of Eik Fasteignaflag to your portfolios can decrease your overall portfolio volatility.
| Portfolio Volatility Check portfolio volatility and analyze historical return density to properly model market risk | |
| Technical Analysis Check basic technical indicators and analysis based on most latest market data | |
| Efficient Frontier Plot and analyze your portfolio and positions against risk-return landscape of the market. | |
| Stock Screener Find equities using a custom stock filter or screen asymmetry in trading patterns, price, volume, or investment outlook. | |
| Portfolio Diagnostics Use generated alerts and portfolio events aggregator to diagnose current holdings | |
| Commodity Directory Find actively traded commodities issued by global exchanges | |
| My Watchlist Analysis Analyze my current watchlist and to refresh optimization strategy. Macroaxis watchlist is based on self-learning algorithm to remember stocks you like | |
| Portfolio Analyzer Portfolio analysis module that provides access to portfolio diagnostics and optimization engine | |
| Portfolio Comparator Compare the composition, asset allocations and performance of any two portfolios in your account |