Eqva ASA (Norway) Price on October 10, 2024
EQVA Stock | 4.88 0.23 4.95% |
If you're considering investing in Eqva Stock, it is important to understand the factors that can impact its price. As of today, the current price of Eqva ASA stands at 4.88, as last reported on the 30th of November, with the highest price reaching 4.89 and the lowest price hitting 4.70 during the day. Eqva ASA secures Sharpe Ratio (or Efficiency) of -0.0714, which denotes the company had a -0.0714% return per unit of risk over the last 3 months. Eqva ASA exposes twenty-four different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm Eqva ASA's Standard Deviation of 3.93, mean deviation of 2.88, and Variance of 15.43 to check the risk estimate we provide.
Eqva Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
Eqva |
Sharpe Ratio = -0.0714
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Estimated Market Risk
3.88 actual daily | 34 66% of assets are more volatile |
Expected Return
-0.28 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 Eqva ASA 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 Eqva ASA by adding Eqva ASA to a well-diversified portfolio.
Eqva ASA Valuation on October 10, 2024
It is possible to determine the worth of Eqva ASA on a given historical date. On October 10, 2024 Eqva was worth 4.71 at the beginning of the trading date compared to the closed value of 4.87. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Eqva ASA stock. Still, in general, we apply an absolute valuation method to find Eqva ASA'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 Eqva ASA where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Eqva ASA's related companies.
Open | High | Low | Close | Volume | |
4.82 | 4.96 | 4.80 | 4.90 | 106,342 | |
10/10/2024 | 4.71 | 4.97 | 4.71 | 4.87 | 134,863 |
4.69 | 4.87 | 4.69 | 4.79 | 57,574 |
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Eqva ASA Trading Date Momentum on October 10, 2024
On October 11 2024 Eqva ASA was traded for 4.79 at the closing time. The highest price during the trading period was 4.87 and the lowest recorded bid was listed for 4.69 . The volume for the day was 57.6 K. This history from October 11, 2024 contributed to the next trading day price decline. The overall trading delta to the next closing price was 1.64% . The overall trading delta to the current price is 2.05% . |
Eqva ASA Fundamentals Correlations and Trends
By evaluating Eqva ASA'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 Eqva ASA's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Eqva financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Eqva ASA Stock history
Eqva ASA 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 Eqva is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Eqva ASA 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 Eqva ASA stock prices may prove useful in developing a viable investing in Eqva ASA
Eqva ASA Stock Technical Analysis
Eqva ASA 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
Eqva ASA Period Price Range
Low | November 30, 2024
| High |
0.00 | 0.00 |
Eqva ASA cannot be verified against its exchange. Please verify the symbol is currently traded on Oslo Stock 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.
Eqva ASA November 30, 2024 Market Strength
Market strength indicators help investors to evaluate how Eqva ASA stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Eqva ASA shares will generate the highest return on investment. By undertsting and applying Eqva ASA stock market strength indicators, traders can identify Eqva ASA entry and exit signals to maximize returns
Eqva ASA Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Eqva ASA's price direction in advance. Along with the technical and fundamental analysis of Eqva Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Eqva 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 | (0.03) | |||
Jensen Alpha | (0.41) | |||
Total Risk Alpha | (0.87) | |||
Treynor Ratio | (0.14) |
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Other Information on Investing in Eqva Stock
Eqva ASA financial ratios help investors to determine whether Eqva 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 Eqva with respect to the benefits of owning Eqva ASA security.