Energem Corp Price on February 22, 2024
If you're considering investing in Energem Stock, it is important to understand the factors that can impact its price. We have found twenty-one technical indicators for Energem Corp, which you can use to evaluate the volatility of the firm. Please confirm Energem Corp's Coefficient Of Variation of 1276.65, mean deviation of 4.66, and Downside Deviation of 15.77 to check if the risk estimate we provide is consistent with the expected return of 0.0%.
Energem Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
Energem |
Sharpe Ratio = 0.0
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Based on monthly moving average Energem Corp 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 Energem Corp by adding Energem Corp to a well-diversified portfolio.
Energem Corp Valuation on February 22, 2024
It is possible to determine the worth of Energem Corp on a given historical date. On February 22, 2024 Energem was worth 11.55 at the beginning of the trading date compared to the closed value of 11.57. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Energem Corp stock. Still, in general, we apply an absolute valuation method to find Energem Corp'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 Energem Corp where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Energem Corp's related companies.
Open | High | Low | Close | Volume | |
11.61 | 11.61 | 11.50 | 11.55 | 51,272 | |
02/22/2024 | 11.55 | 11.57 | 11.54 | 11.57 | 1,198 |
11.50 | 12.30 | 11.50 | 11.72 | 9,657 |
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Energem Corp Trading Date Momentum on February 22, 2024
On February 23 2024 Energem Corp was traded for 11.72 at the closing time. The top price for the day was 12.30 and the lowest listed price was 11.50 . The trading volume for the day was 9.7 K. The trading history from February 23, 2024 was a factor to the next trading day price gain. The overall trading delta against the next closing price was 1.30% . The overall trading delta against the current closing price is 63.01% . |
Energem Corp Fundamentals Correlations and Trends
By evaluating Energem Corp'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 Energem Corp's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Energem financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Energem Corp Stock history
Energem Corp 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 Energem is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Energem Corp 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 Energem Corp stock prices may prove useful in developing a viable investing in Energem Corp
The company focuses on effecting a merger, capital share exchange, asset acquisition, share purchase, reorganization, or similar business combination with one or more businesses or entities. The company was incorporated in 2021 and is based in Kuala Lumpur, Malaysia. Energem Corp is traded on NASDAQ Exchange in the United States.
Energem Corp Stock Technical Analysis
Energem Corp 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, delisted stock market cycles, or different charting patterns.
Price Boundaries
Energem Corp Period Price Range
Low | November 29, 2024
| High |
0.00 | 0.00 |
Energem Corp cannot be verified against its exchange. Please verify the symbol is currently traded on NASDAQ 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.
Energem Corp November 29, 2024 Market Strength
Market strength indicators help investors to evaluate how Energem Corp stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Energem Corp shares will generate the highest return on investment. By undertsting and applying Energem Corp stock market strength indicators, traders can identify Energem Corp entry and exit signals to maximize returns
Energem Corp Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Energem Corp's price direction in advance. Along with the technical and fundamental analysis of Energem Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Energem 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 | 0.0694 | |||
Jensen Alpha | 1.07 | |||
Total Risk Alpha | (0.91) | |||
Sortino Ratio | 0.0541 | |||
Treynor Ratio | (1.14) |
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Check out Investing Opportunities to better understand how to build diversified portfolios. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in main economic indicators. You can also try the Equity Analysis module to research over 250,000 global equities including funds, stocks and ETFs to find investment opportunities.
Other Consideration for investing in Energem Stock
If you are still planning to invest in Energem Corp check if it may still be traded through OTC markets such as Pink Sheets or OTC Bulletin Board. You may also purchase it directly from the company, but this is not always possible and may require contacting the company directly. Please note that delisted stocks are often considered to be more risky investments, as they are no longer subject to the same regulatory and reporting requirements as listed stocks. Therefore, it is essential to carefully research the Energem Corp's history and understand the potential risks before investing.
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