Enento Group (Finland) Price on December 21, 2023

ENENTO Stock  EUR 18.22  0.20  1.09%   
If you're considering investing in Enento Stock, it is important to understand the factors that can impact its price. As of today, the current price of Enento Group stands at 18.22, as last reported on the 1st of December, with the highest price reaching 18.58 and the lowest price hitting 18.16 during the day. Enento Group Plc secures Sharpe Ratio (or Efficiency) of -1.0E-4, which denotes the company had a -1.0E-4% return per unit of risk over the last 3 months. Enento Group Plc exposes twenty-four different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm Enento Group's Variance of 1.69, standard deviation of 1.3, and Mean Deviation of 0.9712 to check the risk estimate we provide.
  
Enento Stock price history is provided at the adjusted basis, taking into account all of the recent filings.

Sharpe Ratio = -1.0E-4

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Estimated Market Risk

 1.29
  actual daily
11
89% of assets are more volatile

Expected Return

 0.0
  actual daily
0
Most of other assets have higher returns

Risk-Adjusted Return

 0.0
  actual daily
0
Most of other assets perform better
Based on monthly moving average Enento 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 Enento Group by adding Enento Group to a well-diversified portfolio.

Enento Group Valuation on December 21, 2023

It is possible to determine the worth of Enento Group on a given historical date. On December 21, 2023 Enento was worth 17.18 at the beginning of the trading date compared to the closed value of 17.69. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Enento Group stock. Still, in general, we apply an absolute valuation method to find Enento 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 Enento Group where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Enento Group's related companies.
 Open High Low Close Volume
  17.31    17.46    17.05    17.35    35,773  
12/21/2023
  17.18    17.69    17.18    17.69    74,689  
  17.71    17.84    17.54    17.82    30,718  
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Open Value
17.18
17.69
Closing Value
21.06
Upside

Enento Group Trading Date Momentum on December 21, 2023

On December 22 2023 Enento Group Plc was traded for  17.82  at the closing time. The highest price during the trading period was 17.84  and the lowest recorded bid was listed for  17.54 . The volume for the day was 30.7 K. This history from December 22, 2023 contributed to the next trading day price jump. The overall trading delta to the next closing price was 0.73% . The overall trading delta to the current price is 4.41% .

Enento Group Plc Fundamentals Correlations and Trends

By evaluating Enento 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 Enento Group's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Enento financial account trend analysis is a perfect complement when working with valuation or volatility modules.

About Enento Group Stock history

Enento 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 Enento is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Enento Group Plc 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 Enento Group stock prices may prove useful in developing a viable investing in Enento Group
Enento Group Oyj, through its subsidiaries, provides digital business and consumer information services in Finland. Enento Group Oyj was founded in 1905 and is headquartered in Helsinki, Finland. Enento Group operates under Consulting Services classification in Finland and is traded on Helsinki Exchange. It employs 429 people.

Enento Group Stock Technical Analysis

Enento 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.
A focus of Enento Group technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of Enento Group 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

Enento Group Period Price Range

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Enento Group Plc cannot be verified against its exchange. Please verify the symbol is currently traded on Helsinki 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.

Enento Group December 1, 2024 Market Strength

Market strength indicators help investors to evaluate how Enento 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 Enento Group shares will generate the highest return on investment. By undertsting and applying Enento Group stock market strength indicators, traders can identify Enento Group Plc entry and exit signals to maximize returns

Enento Group Technical and Predictive Indicators

Predictive indicators are helping investors to find signals for Enento Group's price direction in advance. Along with the technical and fundamental analysis of Enento Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Enento 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 Enento Stock analysis

When running Enento Group's price analysis, check to measure Enento 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 Enento Group is operating at the current time. Most of Enento Group's value examination focuses on studying past and present price action to predict the probability of Enento 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 Enento Group's price. Additionally, you may evaluate how the addition of Enento Group to your portfolios can decrease your overall portfolio volatility.
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