Elia Group (Belgium) Price on November 26, 2024
| ELI Stock | EUR 88.65 0.95 1.08% |
If you're considering investing in Elia Stock, it is important to understand the factors that can impact its price. As of today, the current price of Elia Group stands at 88.65, as last reported on the 30th of November, with the highest price reaching 90.35 and the lowest price hitting 86.80 during the day. Elia Group SANV secures Sharpe Ratio (or Efficiency) of -0.0913, which denotes the company had a -0.0913% return per unit of risk over the last 3 months. Elia Group SANV exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm Elia Group's Variance of 2.67, mean deviation of 1.22, and Standard Deviation of 1.63 to check the risk estimate we provide.
Elia Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
Elia |
Sharpe Ratio = -0.0913
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Estimated Market Risk
| 1.65 actual daily | 14 86% of assets are more volatile |
Expected Return
| -0.15 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| -0.09 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Elia Group 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 Elia Group by adding Elia Group to a well-diversified portfolio.
Elia Group Valuation on November 26, 2024
It is possible to determine the worth of Elia Group on a given historical date. On November 26, 2024 Elia was worth 87.45 at the beginning of the trading date compared to the closed value of 87.25. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Elia Group stock. Still, in general, we apply an absolute valuation method to find Elia Group'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 Elia Group where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Elia Group's related companies.
| Open | High | Low | Close | Volume | |
| 87.50 | 88.80 | 87.20 | 87.80 | 250,703 | |
11/26/2024 | 87.45 | 88.00 | 86.95 | 87.25 | 63,912 |
| 87.60 | 87.85 | 86.25 | 87.60 | 83,993 |
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Elia Group Trading Date Momentum on November 26, 2024
| On November 27 2024 Elia Group SANV was traded for 87.60 at the closing time. The maximum traded price for the trading interval was 87.85 and the lowest daily price was 86.25 . The daily volume was recorded at 84 K. The volume of trading on 27th of November 2024 played a part in the next trading day price gain. The overall trading delta to the next closing price was 0.40% . The overall trading delta to the closing price today is 0.52% . |
Elia Group SANV Fundamentals Correlations and Trends
By evaluating Elia Group'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 Elia Group's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Elia financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Elia Group Stock history
Elia Group 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 Elia is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Elia Group SANV 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 Elia Group stock prices may prove useful in developing a viable investing in Elia Group
Elia Group SANV operates a transmission system for the electricity network, and for the offshore grids in Belgium and internationally. The company was formerly known as Elia System Operator SA and changed its name to Elia Group SANV in January 2020. ELIA GROUP operates under UtilitiesRegulated Electric classification in Belgium and is traded on Brussels Stock Exchange. It employs 2750 people.
Elia Group Stock Technical Analysis
Elia Group 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
Elia Group Period Price Range
Low | November 30, 2024
| High |
0.00 | 0.00 |
Elia Group SANV cannot be verified against its exchange. Please verify the symbol is currently traded on Euronext Brussels. 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.
Elia Group November 30, 2024 Market Strength
Market strength indicators help investors to evaluate how Elia Group stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Elia Group shares will generate the highest return on investment. By undertsting and applying Elia Group stock market strength indicators, traders can identify Elia Group SANV entry and exit signals to maximize returns
Elia Group Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Elia Group's price direction in advance. Along with the technical and fundamental analysis of Elia Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Elia 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 | (0.16) | |||
| Total Risk Alpha | (0.44) | |||
| Treynor Ratio | 2.4 |
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Additional Tools for Elia Stock Analysis
When running Elia Group's price analysis, check to measure Elia Group'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 Elia Group is operating at the current time. Most of Elia Group's value examination focuses on studying past and present price action to predict the probability of Elia Group's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Elia Group's price. Additionally, you may evaluate how the addition of Elia Group to your portfolios can decrease your overall portfolio volatility.