Elecnor SA (Spain) Price on October 10, 2024
| ENO Stock | EUR 20.35 0.20 0.99% |
If you're considering investing in Elecnor Stock, it is important to understand the factors that can impact its price. As of today, the current price of Elecnor SA stands at 20.35, as last reported on the 29th of November, with the highest price reaching 20.40 and the lowest price hitting 20.15 during the day. At this point, Elecnor SA is very steady. Elecnor SA secures Sharpe Ratio (or Efficiency) of 0.16, which denotes the company had a 0.16% return per unit of risk over the last 3 months. We have found twenty-eight technical indicators for Elecnor SA, which you can use to evaluate the volatility of the firm. Please confirm Elecnor SA's Mean Deviation of 0.7959, coefficient of variation of 737.98, and Downside Deviation of 1.02 to check if the risk estimate we provide is consistent with the expected return of 0.17%.
Elecnor Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
Elecnor |
Sharpe Ratio = 0.1567
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Estimated Market Risk
| 1.08 actual daily | 9 91% of assets are more volatile |
Expected Return
| 0.17 actual daily | 3 97% of assets have higher returns |
Risk-Adjusted Return
| 0.16 actual daily | 12 88% of assets perform better |
Based on monthly moving average Elecnor SA is performing at about 12% 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 Elecnor SA by adding it to a well-diversified portfolio.
Elecnor SA Valuation on October 10, 2024
It is possible to determine the worth of Elecnor SA on a given historical date. On October 10, 2024 Elecnor was worth 18.66 at the beginning of the trading date compared to the closed value of 18.64. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Elecnor SA stock. Still, in general, we apply an absolute valuation method to find Elecnor SA'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 Elecnor SA where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Elecnor SA's related companies.
| Open | High | Low | Close | Volume | |
| 18.34 | 18.70 | 18.34 | 18.66 | 12,554 | |
10/10/2024 | 18.66 | 18.68 | 18.52 | 18.64 | 10,364 |
| 18.52 | 18.60 | 18.52 | 18.56 | 9,381 |
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Elecnor SA Trading Date Momentum on October 10, 2024
| On October 11 2024 Elecnor SA was traded for 18.56 at the closing time. The maximum traded price for the trading interval was 18.60 and the lowest daily price was 18.52 . The daily volume was recorded at 9.4 K. The volume of trading on 11th of October 2024 played a part in the next trading day price drop. The overall trading delta to the next closing price was 0.43% . The overall trading delta to the closing price today is 2.79% . |
Elecnor SA Fundamentals Correlations and Trends
By evaluating Elecnor SA'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 Elecnor SA's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Elecnor financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Elecnor SA Stock history
Elecnor SA 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 Elecnor is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Elecnor SA 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 Elecnor SA stock prices may prove useful in developing a viable investing in Elecnor SA
Elecnor, S.A. engages in infrastructure and concessions businesses in Spain and internationally. Elecnor, S.A. was founded in 1958 and is based in Madrid, Spain. ELECNOR S operates under Infrastructure Operations classification in Spain and is traded on Madrid SE C.A.T.S.. It employs 13904 people.
Elecnor SA Stock Technical Analysis
Elecnor SA 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
Elecnor SA Period Price Range
Low | November 29, 2024
| High |
0.00 | 0.00 |
Elecnor SA cannot be verified against its exchange. Please verify the symbol is currently traded on Madrid 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.
Elecnor SA November 29, 2024 Market Strength
Market strength indicators help investors to evaluate how Elecnor SA stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Elecnor SA shares will generate the highest return on investment. By undertsting and applying Elecnor SA stock market strength indicators, traders can identify Elecnor SA entry and exit signals to maximize returns
Elecnor SA Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Elecnor SA's price direction in advance. Along with the technical and fundamental analysis of Elecnor Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Elecnor 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 | 0.1067 | |||
| Jensen Alpha | 0.1555 | |||
| Total Risk Alpha | (0.03) | |||
| Sortino Ratio | 0.0193 | |||
| Treynor Ratio | (0.76) |
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Complementary Tools for Elecnor Stock analysis
When running Elecnor SA's price analysis, check to measure Elecnor SA'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 Elecnor SA is operating at the current time. Most of Elecnor SA's value examination focuses on studying past and present price action to predict the probability of Elecnor SA's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Elecnor SA's price. Additionally, you may evaluate how the addition of Elecnor SA to your portfolios can decrease your overall portfolio volatility.
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