Energy Income Etf Price on June 18, 2024

ENI-UN Etf  CAD 1.71  0.04  2.29%   
Below is the normalized historical share price chart for Energy Income extending back to October 17, 2005. This chart has been adjusted for all splits and dividends and is plotted against all major global economic recessions. As of today, the current price of Energy Income stands at 1.71, as last reported on the 24th of November, with the highest price reaching 1.75 and the lowest price hitting 1.71 during the day.
200 Day MA
1.5722
50 Day MA
1.6848
Beta
0.832
 
Housing Crash
 
Credit Downgrade
 
Yuan Drop
 
Covid
If you're considering investing in Energy Etf, it is important to understand the factors that can impact its price. At this point, Energy Income is risky. Energy Income secures Sharpe Ratio (or Efficiency) of 0.0631, which denotes the etf had a 0.0631% return per unit of risk over the last 3 months. We have found thirty technical indicators for Energy Income, which you can use to evaluate the volatility of the entity. Please confirm Energy Income's Downside Deviation of 3.67, mean deviation of 1.07, and Coefficient Of Variation of 1944.82 to check if the risk estimate we provide is consistent with the expected return of 0.12%.
  
Energy Etf price history is provided at the adjusted basis, taking into account all of the recent filings.

Sharpe Ratio = 0.0631

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Estimated Market Risk

 1.95
  actual daily
17
83% of assets are more volatile

Expected Return

 0.12
  actual daily
2
98% of assets have higher returns

Risk-Adjusted Return

 0.06
  actual daily
4
96% of assets perform better
Based on monthly moving average Energy Income is performing at about 4% 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 Energy Income by adding it to a well-diversified portfolio.
Average Mkt Cap Mil
No Data

Energy Income Valuation on June 18, 2024

It is possible to determine the worth of Energy Income on a given historical date. On June 18, 2024 Energy was worth 1.46 at the beginning of the trading date compared to the closed value of 1.46. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Energy Income etf. Still, in general, we apply an absolute valuation method to find Energy Income'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 Energy Income where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Energy Income's related companies.
 Open High Low Close Volume
  1.46    1.46    1.46    1.46    300.00  
06/18/2024
  1.46    1.46    1.46    1.46    1.00  
  1.46    1.46    1.46    1.46    1.00  
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Open Value
1.46
1.46
Closing Value
7.30
Upside

Energy Income Trading Date Momentum on June 18, 2024

On June 19 2024 Energy Income was traded for  1.46  at the closing time. The highest price during the trading period was 1.46  and the lowest recorded bid was listed for  1.46 . There was no trading activity during the period 1.0. Lack of trading volume on June 19, 2024 did not affect price variability. The overall trading delta to the current price is 0.00% .

Energy Income Fundamentals Correlations and Trends

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

About Energy Income Etf history

Energy Income 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 Energy is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Energy Income 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 Energy Income stock prices may prove useful in developing a viable investing in Energy Income
Energy Income Fund is a close ended equity mutual fund launched by Artemis Investment Management Limited. Energy Income Fund was formed on August 29, 2005 and is domiciled in Canada. ENERGY INCOME operates under Asset Management classification in Canada and is traded on Toronto Stock Exchange.

Energy Income Etf Technical Analysis

Energy Income technical etf 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, etf market cycles, or different charting patterns.
A focus of Energy Income technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of Energy Income 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

Energy Income Period Price Range

Low
November 24, 2024
0.00  NaN%
High

 0.00 

     

 0.00 

Energy Income cannot be verified against its exchange. Please verify the symbol is currently traded on Toronto 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.

Energy Income November 24, 2024 Market Strength

Market strength indicators help investors to evaluate how Energy Income etf reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Energy Income shares will generate the highest return on investment. By undertsting and applying Energy Income etf market strength indicators, traders can identify Energy Income entry and exit signals to maximize returns

Energy Income Technical and Predictive Indicators

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

Other Information on Investing in Energy Etf

Energy Income financial ratios help investors to determine whether Energy Etf 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 Energy with respect to the benefits of owning Energy Income security.