Eniro AB (Sweden) Price on September 12, 2023

ENRO Stock  SEK 0.46  0.01  2.13%   
If you're considering investing in Eniro Stock, it is important to understand the factors that can impact its price. As of today, the current price of Eniro AB stands at 0.46, as last reported on the 26th of November, with the highest price reaching 0.47 and the lowest price hitting 0.45 during the day. Currently, Eniro AB is abnormally volatile. Eniro AB secures Sharpe Ratio (or Efficiency) of 0.0646, which denotes the company had a 0.0646% return per unit of risk over the last 3 months. We have found twenty-nine technical indicators for Eniro AB, which you can use to evaluate the volatility of the firm. Please confirm Eniro AB's Downside Deviation of 3.16, mean deviation of 1.92, and Coefficient Of Variation of 1969.29 to check if the risk estimate we provide is consistent with the expected return of 0.18%.
  
Eniro Stock price history is provided at the adjusted basis, taking into account all of the recent filings.

Sharpe Ratio = 0.0646

Best PortfolioBest Equity
Good Returns
Average Returns
Small ReturnsENRO
CashSmall RiskAverage RiskHigh RiskHuge Risk
Negative Returns

Estimated Market Risk

 2.73
  actual daily
24
76% of assets are more volatile

Expected Return

 0.18
  actual daily
3
97% of assets have higher returns

Risk-Adjusted Return

 0.06
  actual daily
5
95% of assets perform better
Based on monthly moving average Eniro AB is performing at about 5% 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 Eniro AB by adding it to a well-diversified portfolio.

Eniro AB Valuation on September 12, 2023

It is possible to determine the worth of Eniro AB on a given historical date. On September 12, 2023 Eniro was worth 0.51 at the beginning of the trading date compared to the closed value of 0.5. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Eniro AB stock. Still, in general, we apply an absolute valuation method to find Eniro AB'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 Eniro AB where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Eniro AB's related companies.
 Open High Low Close Volume
  0.50    0.52    0.49    0.51    94,121  
09/12/2023
  0.51    0.52    0.50    0.50    78,331  
  0.50    0.51    0.49    0.50    41,460  
Backtest Eniro AB  |  Eniro AB History  |  Eniro AB Valuation   PreviousNext  
Open Value
0.51
0.5
Closing Value
8.70
Upside

Eniro AB Trading Date Momentum on September 12, 2023

On September 13 2023 Eniro AB was traded for  0.50  at the closing time. The highest price during the trading period was 0.51  and the lowest recorded bid was listed for  0.49 . The volume for the day was 41.5 K. This history from September 13, 2023 did not affect price variability. The overall trading delta to the current price is 2.00% .

Eniro AB Fundamentals Correlations and Trends

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

About Eniro AB Stock history

Eniro AB 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 Eniro is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Eniro AB 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 Eniro AB stock prices may prove useful in developing a viable investing in Eniro AB
Eniro AB , together with its subsidiaries, operates as a search company for individuals and businesses in Sweden, Norway, Denmark, Finland, and Poland. Eniro AB markets its products and services under various brands, including eniro.se, Din Del, and 118 118 directory assistance service in Sweden Gule Sider, Proff, and 1880 directory assistance in Norway krak.dk, dgs.dk, Mostrup, and Den Rde Lokalbog brands in Denmark Panorama Firm brand in Poland and Sentraali and 0100100 brands in Finland. Eniro AB operates under Internet Content Information classification in Sweden and is traded on Stockholm Stock Exchange. It employs 831 people.

Eniro AB Stock Technical Analysis

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

Eniro AB Period Price Range

Low
November 26, 2024
0.00  NaN%
High

 0.00 

     

 0.00 

Eniro AB cannot be verified against its exchange. Please verify the symbol is currently traded on Stockholm 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.

Eniro AB November 26, 2024 Market Strength

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

Eniro AB Technical and Predictive Indicators

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

Additional Tools for Eniro Stock Analysis

When running Eniro AB's price analysis, check to measure Eniro AB'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 Eniro AB is operating at the current time. Most of Eniro AB's value examination focuses on studying past and present price action to predict the probability of Eniro AB's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Eniro AB's price. Additionally, you may evaluate how the addition of Eniro AB to your portfolios can decrease your overall portfolio volatility.