Iren SpA ADR Price on June 21, 2024
IRDEYDelisted Stock | USD 18.25 1.60 9.61% |
If you're considering investing in Iren Pink Sheet, it is important to understand the factors that can impact its price. As of today, the current price of Iren SpA stands at 18.25, as last reported on the 27th of November, with the highest price reaching 18.25 and the lowest price hitting 16.65 during the day. We have found twenty technical indicators for Iren SpA ADR, which you can use to evaluate the volatility of the firm. Please check out Iren SpA's Standard Deviation of 1.18, market risk adjusted performance of 0.6295, and Risk Adjusted Performance of 0.0976 to validate if the risk estimate we provide is consistent with the expected return of 0.0%.
Iren Pink Sheet price history is provided at the adjusted basis, taking into account all of the recent filings.
Iren |
Sharpe Ratio = 0.0
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Based on monthly moving average Iren SpA 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 Iren SpA by adding Iren SpA to a well-diversified portfolio.
Iren SpA Valuation on June 21, 2024
It is possible to determine the worth of Iren SpA on a given historical date. On June 21, 2024 Iren was worth 16.65 at the beginning of the trading date compared to the closed value of 16.65. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Iren SpA pink sheet. Still, in general, we apply an absolute valuation method to find Iren SpA'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 Iren SpA where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Iren SpA's related companies.
Open | High | Low | Close | Volume | |
16.65 | 16.65 | 16.65 | 16.65 | 1.00 | |
06/21/2024 | 16.65 | 16.65 | 16.65 | 16.65 | 1.00 |
16.65 | 16.65 | 16.65 | 16.65 | 1.00 |
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Iren SpA Trading Date Momentum on June 21, 2024
On June 24 2024 Iren SpA ADR was traded for 16.65 at the closing time. The highest daily price throughout the period was 16.65 and the lowest price was 16.65 . There was no trading activity during the period 1.0. Lack of trading volume on 06/24/2024 did not cause price change. The trading delta at closing time to current closing price is 0.00% . |
Iren SpA ADR Fundamentals Correlations and Trends
By evaluating Iren SpA'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 Iren SpA's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Iren financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Iren SpA Pink Sheet history
Iren SpA 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 Iren is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Iren SpA ADR 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 Iren SpA stock prices may prove useful in developing a viable investing in Iren SpA
Iren SpA, together with its subsidiaries, operates as a multi-utility company in Italy. It operates 23 hydroelectric plants, 7 thermoelectric cogeneration systems, and 1 thermoelectric plant, as well as 95 photovoltaic production plants with an installed capacity of 18 MW. Iren Spa operates under UtilitiesDiversified classification in the United States and is traded on OTC Exchange. It employs 9345 people.
Iren SpA Pink Sheet Technical Analysis
Iren SpA 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
Iren SpA Period Price Range
Low | November 27, 2024
| High |
0.00 | 0.00 |
Iren SpA ADR 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.
Iren SpA November 27, 2024 Market Strength
Market strength indicators help investors to evaluate how Iren SpA 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 Iren SpA shares will generate the highest return on investment. By undertsting and applying Iren SpA pink sheet market strength indicators, traders can identify Iren SpA ADR entry and exit signals to maximize returns
Iren SpA Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Iren SpA's price direction in advance. Along with the technical and fundamental analysis of Iren Pink Sheet historical price patterns, it is also worthwhile for investors to track various predictive indicators of Iren 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 | 0.0976 | |||
Jensen Alpha | 0.1096 | |||
Total Risk Alpha | (0.05) | |||
Treynor Ratio | 0.6195 |
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Check out Risk vs Return Analysis to better understand how to build diversified portfolios. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in income. You can also try the Top Crypto Exchanges module to search and analyze digital assets across top global cryptocurrency exchanges.
Other Consideration for investing in Iren Pink Sheet
If you are still planning to invest in Iren SpA ADR check if it may still be traded through OTC markets such as Pink Sheets or OTC Bulletin Board. You may also purchase it directly from the company, but this is not always possible and may require contacting the company directly. Please note that delisted stocks are often considered to be more risky investments, as they are no longer subject to the same regulatory and reporting requirements as listed stocks. Therefore, it is essential to carefully research the Iren SpA's history and understand the potential risks before investing.
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