Euroseas Stock Price on September 30, 2023
| ESEA Stock | USD 40.73 0.23 0.57% |
Below is the normalized historical share price chart for Euroseas extending back to May 05, 2006. 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 Euroseas stands at 40.73, as last reported on the 26th of November, with the highest price reaching 40.81 and the lowest price hitting 39.13 during the day.
If you're considering investing in Euroseas Stock, it is important to understand the factors that can impact its price. Euroseas secures Sharpe Ratio (or Efficiency) of -0.0346, which denotes the company had a -0.0346% return per unit of risk over the last 3 months. Euroseas exposes twenty-two different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm Euroseas' Standard Deviation of 2.9, mean deviation of 2.11, and Variance of 8.43 to check the risk estimate we provide.
At present, Euroseas' Common Stock Shares Outstanding is projected to increase significantly based on the last few years of reporting. The current year's Stock Based Compensation is expected to grow to about 1.1 M, whereas Total Stockholder Equity is forecasted to decline to about 134.2 M. . At present, Euroseas' Price Earnings Ratio is projected to decrease significantly based on the last few years of reporting. The current year's Price To Operating Cash Flows Ratio is expected to grow to 2.66, whereas Price To Sales Ratio is forecasted to decline to 1.17. Euroseas Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
IPO Date 5th of May 2006 | 200 Day MA 39.3846 | 50 Day MA 43.5242 | Beta 0.9 |
Euroseas |
Sharpe Ratio = -0.0346
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| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
| Negative Returns | ESEA |
Estimated Market Risk
| 2.96 actual daily | 26 74% of assets are more volatile |
Expected Return
| -0.1 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| -0.03 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Euroseas 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 Euroseas by adding Euroseas to a well-diversified portfolio.
Price Book 0.8272 | Enterprise Value Ebitda 2.8763 | Price Sales 1.3845 | Shares Float 2.8 M | Wall Street Target Price 61.6667 |
Euroseas Valuation on September 30, 2023
It is possible to determine the worth of Euroseas on a given historical date. On September 30, 2023 Euroseas was worth 24.79 at the beginning of the trading date compared to the closed value of 25.02. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Euroseas stock. Still, in general, we apply an absolute valuation method to find Euroseas' 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 Euroseas where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Euroseas' related companies.
| Open | High | Low | Close | Volume | |
| 24.46 | 24.79 | 24.31 | 24.79 | 25,324 | |
09/29/2023 | 24.79 | 25.25 | 24.52 | 25.02 | 36,582 |
| 25.28 | 26.28 | 25.27 | 25.47 | 72,805 |
| Backtest Euroseas | | | Euroseas History | | | Euroseas Valuation | Previous | Next |
Euroseas Trading Date Momentum on September 30, 2023
| On October 02 2023 Euroseas was traded for 25.47 at the closing time. The top price for the day was 26.28 and the lowest listed price was 25.27 . The trading volume for the day was 72.8 K. The trading history from October 2, 2023 was a factor to the next trading day price jump. The overall trading delta against the next closing price was 1.80% . The overall trading delta against the current closing price is 4.80% . |
Euroseas Fundamentals Correlations and Trends
By evaluating Euroseas' financials over time, investors can gain insight into future company performance. However, you can also analyze the published financial statements to find patterns among Euroseas' main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Euroseas financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Euroseas Stock history
Euroseas 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 Euroseas is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Euroseas 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 Euroseas stock prices may prove useful in developing a viable investing in Euroseas
| Last Reported | Projected for Next Year | ||
| Common Stock Shares Outstanding | 6.9 M | 7.3 M | |
| Net Income Applicable To Common Shares | 122.2 M | 128.3 M |
Euroseas Stock Technical Analysis
Euroseas 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
Euroseas Period Price Range
Low | November 26, 2024
| High |
0.00 | 0.00 |
Euroseas cannot be verified against its exchange. Please verify the symbol is currently traded on NASDAQ 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.
Euroseas November 26, 2024 Market Strength
Market strength indicators help investors to evaluate how Euroseas stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Euroseas shares will generate the highest return on investment. By undertsting and applying Euroseas stock market strength indicators, traders can identify Euroseas entry and exit signals to maximize returns
Euroseas Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Euroseas' price direction in advance. Along with the technical and fundamental analysis of Euroseas Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Euroseas 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 | (0.02) | |||
| Jensen Alpha | (0.14) | |||
| Total Risk Alpha | (0.58) | |||
| Treynor Ratio | (0.63) |
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| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
Complementary Tools for Euroseas Stock analysis
When running Euroseas' price analysis, check to measure Euroseas' 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 Euroseas is operating at the current time. Most of Euroseas' value examination focuses on studying past and present price action to predict the probability of Euroseas' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Euroseas' price. Additionally, you may evaluate how the addition of Euroseas to your portfolios can decrease your overall portfolio volatility.
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