Equitable Group Stock Price on November 22, 2023

EQB Stock  CAD 102.17  0.39  0.38%   
If you're considering investing in Equitable Stock, it is important to understand the factors that can impact its price. As of today, the current price of Equitable stands at 102.17, as last reported on the 25th of February, with the highest price reaching 103.96 and the lowest price hitting 101.75 during the day. Equitable Group secures Sharpe Ratio (or Efficiency) of -0.0673, which denotes the company had a -0.0673 % return per unit of risk over the last 3 months. Equitable Group exposes twenty-two different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm Equitable's Standard Deviation of 1.68, variance of 2.81, and Mean Deviation of 1.11 to check the risk estimate we provide.
  
Equitable Stock price history is provided at the adjusted basis, taking into account all of the recent filings.

Sharpe Ratio = -0.0673

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Estimated Market Risk

 1.7
  actual daily
15
85% of assets are more volatile

Expected Return

 -0.11
  actual daily
0
Most of other assets have higher returns

Risk-Adjusted Return

 -0.07
  actual daily
0
Most of other assets perform better
Based on monthly moving average Equitable 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 Equitable by adding Equitable to a well-diversified portfolio.

Equitable Valuation on November 22, 2023

It is possible to determine the worth of Equitable on a given historical date. On November 22, 2023 Equitable was worth 70.36 at the beginning of the trading date compared to the closed value of 71.07. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Equitable stock. Still, in general, we apply an absolute valuation method to find Equitable'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 Equitable where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Equitable's related companies.
 Open High Low Close Volume
  72.11    72.20    70.48    70.54    70,000  
11/22/2023
  70.36    71.53    70.15    71.07    29,300  
  71.51    72.44    71.34    72.32    25,800  
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Open Value
70.36
71.07
Closing Value
75.47
Upside

Equitable Trading Date Momentum on November 22, 2023

On November 23 2023 Equitable Group was traded for  72.32  at the closing time. The maximum traded price for the trading interval was 72.44  and the lowest daily price was  71.34 . The daily volume was recorded at 25.8 K. The volume of trading on 23rd of November 2023 played a part in the next trading day price boost. The overall trading delta to the next closing price was 1.76% . The overall trading delta to the closing price today is 8.40% .

Equitable Group Fundamentals Correlations and Trends

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

About Equitable Stock history

Equitable 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 Equitable is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Equitable Group 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 Equitable stock prices may prove useful in developing a viable investing in Equitable
Equitable Group Inc., through its subsidiary, Equitable Bank, provides various financial services to retail and commercial customers in Canada. Equitable Group Inc. was founded in 1970 and is headquartered in Toronto, Canada. EQUITABLE GROUP operates under Mortgage Finance classification in Canada and is traded on Toronto Stock Exchange. It employs 882 people.

Equitable Stock Technical Analysis

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

Equitable Period Price Range

Low
February 25, 2025
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High

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Equitable Group 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.

Equitable February 25, 2025 Market Strength

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

Equitable Technical and Predictive Indicators

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

Equitable financial ratios help investors to determine whether Equitable Stock 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 Equitable with respect to the benefits of owning Equitable security.