Eurobank Ergasias (Greece) Price on August 2, 2024
EUROB Stock | EUR 2.00 0.01 0.50% |
If you're considering investing in Eurobank Stock, it is important to understand the factors that can impact its price. As of today, the current price of Eurobank Ergasias stands at 2.00, as last reported on the 29th of November, with the highest price reaching 2.01 and the lowest price hitting 1.99 during the day. Eurobank Ergasias secures Sharpe Ratio (or Efficiency) of -0.025, which denotes the company had a -0.025% return per unit of risk over the last 3 months. Eurobank Ergasias Services exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm Eurobank Ergasias' Mean Deviation of 1.16, variance of 2.01, and Standard Deviation of 1.42 to check the risk estimate we provide.
Eurobank Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
Eurobank |
Sharpe Ratio = -0.025
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Estimated Market Risk
1.44 actual daily | 12 88% of assets are more volatile |
Expected Return
-0.04 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
-0.02 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Eurobank Ergasias 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 Eurobank Ergasias by adding Eurobank Ergasias to a well-diversified portfolio.
Eurobank Ergasias Valuation on August 2, 2024
It is possible to determine the worth of Eurobank Ergasias on a given historical date. On August 2, 2024 Eurobank was worth 2.1 at the beginning of the trading date compared to the closed value of 2.05. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Eurobank Ergasias stock. Still, in general, we apply an absolute valuation method to find Eurobank Ergasias' 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 Eurobank Ergasias where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Eurobank Ergasias' related companies.
Open | High | Low | Close | Volume | |
2.12 | 2.13 | 2.09 | 2.13 | 4,286,373 | |
08/02/2024 | 2.10 | 2.10 | 2.03 | 2.05 | 3,547,074 |
1.88 | 1.94 | 1.79 | 1.89 | 10,503,830 |
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Eurobank Ergasias Trading Date Momentum on August 2, 2024
On August 05 2024 Eurobank Ergasias Services was traded for 1.89 at the closing time. The highest price during the trading period was 1.94 and the lowest recorded bid was listed for 1.79 . The volume for the day was 10.5 M. This history from August 5, 2024 contributed to the next trading day price decline. The overall trading delta to the next closing price was 7.80% . The overall trading delta to the current price is 3.90% . |
Eurobank Ergasias Fundamentals Correlations and Trends
By evaluating Eurobank Ergasias' financials over time, investors can gain insight into future company performance. However, you can also analyze the published financial statements to find patterns among Eurobank Ergasias' main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Eurobank financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Eurobank Ergasias Stock history
Eurobank Ergasias 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 Eurobank is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Eurobank Ergasias 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 Eurobank Ergasias stock prices may prove useful in developing a viable investing in Eurobank Ergasias
Eurobank Ergasias S.A. provides retail, corporate and private banking, asset management, treasury, capital markets, and other services. Eurobank Ergasias S.A. was founded in 1990 and is based in Athens, Greece. EUROBANK ERGASIAS is traded on Athens Stock Exchange in Greece.
Eurobank Ergasias Stock Technical Analysis
Eurobank Ergasias 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
Eurobank Ergasias Period Price Range
Low | November 29, 2024
| High |
0.00 | 0.00 |
Eurobank Ergasias Services cannot be verified against its exchange. Please verify the symbol is currently traded on Athens 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.
Eurobank Ergasias November 29, 2024 Market Strength
Market strength indicators help investors to evaluate how Eurobank Ergasias stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Eurobank Ergasias shares will generate the highest return on investment. By undertsting and applying Eurobank Ergasias stock market strength indicators, traders can identify Eurobank Ergasias Services entry and exit signals to maximize returns
Eurobank Ergasias Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Eurobank Ergasias' price direction in advance. Along with the technical and fundamental analysis of Eurobank Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Eurobank 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 | (0.01) | |||
Jensen Alpha | (0.07) | |||
Total Risk Alpha | (0.25) | |||
Treynor Ratio | (0.12) |
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Complementary Tools for Eurobank Stock analysis
When running Eurobank Ergasias' price analysis, check to measure Eurobank Ergasias' 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 Eurobank Ergasias is operating at the current time. Most of Eurobank Ergasias' value examination focuses on studying past and present price action to predict the probability of Eurobank Ergasias' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Eurobank Ergasias' price. Additionally, you may evaluate how the addition of Eurobank Ergasias to your portfolios can decrease your overall portfolio volatility.
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