Electroarges (Romania) Price on December 12, 2023
| ELGS Stock | 0.14 0.01 6.67% |
If you're considering investing in Electroarges Stock, it is important to understand the factors that can impact its price. As of today, the current price of Electroarges stands at 0.14, as last reported on the 2nd of December, with the highest price reaching 0.14 and the lowest price hitting 0.14 during the day. Electroarges S secures Sharpe Ratio (or Efficiency) of -0.0616, which denotes the company had a -0.0616% return per unit of risk over the last 3 months. Electroarges S exposes twenty-one different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm Electroarges' Variance of 14.21, mean deviation of 1.8, and Standard Deviation of 3.77 to check the risk estimate we provide.
Electroarges Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
Electroarges |
Sharpe Ratio = -0.0616
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Estimated Market Risk
| 3.77 actual daily | 33 67% of assets are more volatile |
Expected Return
| -0.23 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| -0.06 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Electroarges 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 Electroarges by adding Electroarges to a well-diversified portfolio.
Electroarges Valuation on December 12, 2023
It is possible to determine the worth of Electroarges on a given historical date. On December 12, 2023 Electroarges was worth 0.27 at the beginning of the trading date compared to the closed value of 0.27. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Electroarges stock. Still, in general, we apply an absolute valuation method to find Electroarges' 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 Electroarges where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Electroarges' related companies.
| Open | High | Low | Close | Volume | |
| 0.26 | 0.27 | 0.26 | 0.27 | 1,500 | |
12/11/2023 | 0.27 | 0.27 | 0.27 | 0.27 | 2,500 |
| 0.27 | 0.27 | 0.27 | 0.27 | 1,880 |
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Electroarges Trading Date Momentum on December 12, 2023
| On December 13 2023 Electroarges S was traded for 0.27 at the closing time. The highest price during the trading period was 0.27 and the lowest recorded bid was listed for 0.27 . The volume for the day was 1.9 K. This history from December 13, 2023 did not affect price variability. The overall trading delta to the current price is 7.41% . |
About Electroarges Stock history
Electroarges 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 Electroarges is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Electroarges S 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 Electroarges stock prices may prove useful in developing a viable investing in Electroarges
Electroarges Stock Technical Analysis
Electroarges 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
Electroarges Period Price Range
Low | December 2, 2024
| High |
0.00 | 0.00 |
Electroarges S cannot be verified against its exchange. Please verify the symbol is currently traded on Bucharest 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.
Electroarges December 2, 2024 Market Strength
Market strength indicators help investors to evaluate how Electroarges stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Electroarges shares will generate the highest return on investment. By undertsting and applying Electroarges stock market strength indicators, traders can identify Electroarges S entry and exit signals to maximize returns
Electroarges Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Electroarges' price direction in advance. Along with the technical and fundamental analysis of Electroarges Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Electroarges 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 | (0.05) | |||
| Jensen Alpha | (0.30) | |||
| Total Risk Alpha | (0.95) | |||
| Treynor Ratio | 2.24 |
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Other Information on Investing in Electroarges Stock
Electroarges financial ratios help investors to determine whether Electroarges 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 Electroarges with respect to the benefits of owning Electroarges security.