Evonik Industries Ag Stock Price on June 27, 2023
EVKIF Stock | USD 18.50 0.46 2.55% |
If you're considering investing in Evonik Pink Sheet, it is important to understand the factors that can impact its price. As of today, the current price of Evonik Industries stands at 18.50, as last reported on the 11th of December 2024, with the highest price reaching 18.50 and the lowest price hitting 18.50 during the day. Evonik Industries secures Sharpe Ratio (or Efficiency) of -0.0763, which denotes the company had a -0.0763% return per unit of risk over the last 3 months. Evonik Industries AG exposes twenty-one different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm Evonik Industries' Standard Deviation of 2.24, variance of 5.03, and Mean Deviation of 0.8751 to check the risk estimate we provide.
Evonik Pink Sheet price history is provided at the adjusted basis, taking into account all of the recent filings.
Evonik |
Sharpe Ratio = -0.0763
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Estimated Market Risk
2.3 actual daily | 20 80% of assets are more volatile |
Expected Return
-0.18 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
-0.08 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Evonik Industries 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 Evonik Industries by adding Evonik Industries to a well-diversified portfolio.
Evonik Industries Valuation on June 27, 2023
It is possible to determine the worth of Evonik Industries on a given historical date. On June 27, 2023 Evonik was worth 17.65 at the beginning of the trading date compared to the closed value of 17.65. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Evonik Industries pink sheet. Still, in general, we apply an absolute valuation method to find Evonik Industries' 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 Evonik Industries where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Evonik Industries' related companies.
Open | High | Low | Close | Volume | |
15.62 | 15.62 | 15.62 | 15.62 | 200.00 | |
06/27/2023 | 17.65 | 17.65 | 17.65 | 17.65 | 1.00 |
16.72 | 16.72 | 16.72 | 16.72 | 250.00 |
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Evonik Industries Trading Date Momentum on June 27, 2023
On June 28 2023 Evonik Industries AG was traded for 16.72 at the closing time. The highest daily price throughout the period was 16.72 and the lowest price was 16.72 . The daily volume was 250. The net trading volume on 06/28/2023 added to the next day price reduction. The overall trading delta to closing price of the next trading day was 5.27% . The overall trading delta to current closing price is 3.34% . |
Evonik Industries Fundamentals Correlations and Trends
By evaluating Evonik Industries' financials over time, investors can gain insight into future company performance. However, you can also analyze the published financial statements to find patterns among Evonik Industries' main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Evonik financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Evonik Industries Pink Sheet history
Evonik Industries 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 Evonik is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Evonik Industries 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 Evonik Industries stock prices may prove useful in developing a viable investing in Evonik Industries
Evonik Industries AG engages in the specialty chemicals business. The company was founded in 1873 and is headquartered in Essen, Germany. Evonik Industries operates under Specialty Chemicals classification in the United States and is traded on OTC Exchange. It employs 33235 people.
Evonik Industries Pink Sheet Technical Analysis
Evonik Industries technical pink sheet 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, pink sheet market cycles, or different charting patterns.
Price Boundaries
Evonik Industries Period Price Range
Low | December 11, 2024
| High |
0.00 | 0.00 |
Evonik Industries AG cannot be verified against its exchange. Please verify the symbol is currently traded on PINK 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.
Evonik Industries December 11, 2024 Market Strength
Market strength indicators help investors to evaluate how Evonik Industries pink sheet reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Evonik Industries shares will generate the highest return on investment. By undertsting and applying Evonik Industries pink sheet market strength indicators, traders can identify Evonik Industries AG entry and exit signals to maximize returns
Evonik Industries Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Evonik Industries' price direction in advance. Along with the technical and fundamental analysis of Evonik Pink Sheet historical price patterns, it is also worthwhile for investors to track various predictive indicators of Evonik 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 | (0.05) | |||
Jensen Alpha | (0.17) | |||
Total Risk Alpha | (0.53) | |||
Treynor Ratio | 5.47 |
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Complementary Tools for Evonik Pink Sheet analysis
When running Evonik Industries' price analysis, check to measure Evonik Industries' 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 Evonik Industries is operating at the current time. Most of Evonik Industries' value examination focuses on studying past and present price action to predict the probability of Evonik Industries' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Evonik Industries' price. Additionally, you may evaluate how the addition of Evonik Industries to your portfolios can decrease your overall portfolio volatility.
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