EWork Group (Sweden) Price on December 1, 2023

EWRK Stock  SEK 139.00  0.80  0.57%   
If you're considering investing in EWork Stock, it is important to understand the factors that can impact its price. As of today, the current price of EWork Group stands at 139.00, as last reported on the 30th of November, with the highest price reaching 139.80 and the lowest price hitting 138.60 during the day. eWork Group AB secures Sharpe Ratio (or Efficiency) of -8.0E-4, which denotes the company had a -8.0E-4% return per unit of risk over the last 3 months. eWork Group AB exposes twenty-four different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm EWork Group's insignificant Risk Adjusted Performance, coefficient of variation of (9,024), and Standard Deviation of 1.25 to check the risk estimate we provide.
  
EWork Stock price history is provided at the adjusted basis, taking into account all of the recent filings.

Sharpe Ratio = -8.0E-4

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Estimated Market Risk

 1.25
  actual daily
11
89% of assets are more volatile

Expected Return

 0.0
  actual daily
0
Most of other assets have higher returns

Risk-Adjusted Return

 0.0
  actual daily
0
Most of other assets perform better
Based on monthly moving average EWork Group 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 EWork Group by adding EWork Group to a well-diversified portfolio.

EWork Group Valuation on December 1, 2023

It is possible to determine the worth of EWork Group on a given historical date. On December 1, 2023 EWork was worth 120.81 at the beginning of the trading date compared to the closed value of 119.67. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of EWork Group stock. Still, in general, we apply an absolute valuation method to find EWork Group'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 EWork Group where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against EWork Group's related companies.
 Open High Low Close Volume
  119.48    121.19    119.48    120.43    8,165  
12/01/2023
  120.81    121.76    119.48    119.67    23,994  
  119.67    122.52    119.67    121.00    18,639  
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Open Value
120.81
117.07
Downside
119.67
Closing Value
124.55
Upside

EWork Group Trading Date Momentum on December 1, 2023

On December 04 2023 eWork Group AB was traded for  121.00  at the closing time. The highest price during the trading period was 122.52  and the lowest recorded bid was listed for  119.67 . The volume for the day was 18.6 K. This history from December 4, 2023 contributed to the next trading day price appreciation. The overall trading delta to the next closing price was 1.11% . The trading date delta to the current price is 4.60% .

eWork Group AB Fundamentals Correlations and Trends

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

About EWork Group Stock history

EWork Group 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 EWork is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in eWork Group AB 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 EWork Group stock prices may prove useful in developing a viable investing in EWork Group
Ework Group AB operates as a consultant supplier with focus on IT, telecom, technology, and business development in Sweden, Denmark, Norway, Finland, and Poland. Ework Group AB was founded in 2000 and is headquartered in Stockholm, Sweden. eWork Group operates under Information Technology Services classification in Sweden and is traded on Stockholm Stock Exchange. It employs 310 people.

EWork Group Stock Technical Analysis

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

EWork Group Period Price Range

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eWork Group AB cannot be verified against its exchange. Please verify the symbol is currently traded on Stockholm 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.

EWork Group November 30, 2024 Market Strength

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

EWork Group Technical and Predictive Indicators

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

Additional Tools for EWork Stock Analysis

When running EWork Group's price analysis, check to measure EWork Group's 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 EWork Group is operating at the current time. Most of EWork Group's value examination focuses on studying past and present price action to predict the probability of EWork Group's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move EWork Group's price. Additionally, you may evaluate how the addition of EWork Group to your portfolios can decrease your overall portfolio volatility.