Eneti Inc Price on July 6, 2023
NETIDelisted Stock | USD 12.63 0.07 0.56% |
If you're considering investing in Eneti Stock, it is important to understand the factors that can impact its price. As of today, the current price of Eneti stands at 12.63, as last reported on the 26th of November, with the highest price reaching 12.80 and the lowest price hitting 12.46 during the day. We have found twenty-nine technical indicators for Eneti Inc, which you can use to evaluate the volatility of the firm. Please confirm Eneti's Coefficient Of Variation of 973.9, downside deviation of 3.69, and Mean Deviation of 2.44 to check if the risk estimate we provide is consistent with the expected return of 0.0%.
Eneti Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
Eneti |
Sharpe Ratio = 0.0
Best Portfolio | Best Equity | |||
Good Returns | ||||
Average Returns | ||||
Small Returns | ||||
Cash | Small Risk | Average Risk | High Risk | Huge Risk |
NETI |
Based on monthly moving average Eneti 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 Eneti by adding Eneti to a well-diversified portfolio.
Eneti Valuation on July 6, 2023
It is possible to determine the worth of Eneti on a given historical date. On July 6, 2023 Eneti was worth 12.3 at the beginning of the trading date compared to the closed value of 12.57. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Eneti stock. Still, in general, we apply an absolute valuation method to find Eneti'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 Eneti where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Eneti's related companies.
Open | High | Low | Close | Volume | |
12.30 | 12.47 | 12.06 | 12.39 | 414,667 | |
07/06/2023 | 12.30 | 12.60 | 12.04 | 12.57 | 634,439 |
12.50 | 12.80 | 12.44 | 12.53 | 552,084 |
Backtest Eneti | | | Eneti History | | | Eneti Valuation | Previous | Next |
Eneti Trading Date Momentum on July 6, 2023
On July 07 2023 Eneti Inc was traded for 12.53 at the closing time. The top price for the day was 12.80 and the lowest listed price was 12.44 . The trading volume for the day was 552.1 K. The trading history from July 7, 2023 was a factor to the next trading day price decrease. The trading delta at closing time against the next closing price was 0.32% . The overall trading delta against the current closing price is 5.97% . |
Eneti Inc Fundamentals Correlations and Trends
By evaluating Eneti'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 Eneti's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Eneti financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Eneti Stock history
Eneti 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 Eneti is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Eneti Inc 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 Eneti stock prices may prove useful in developing a viable investing in Eneti
Eneti Inc. engages in the offshore wind and marine-based renewable energy businesses. The company was formerly known as Scorpio Bulkers Inc. and changed its name to Eneti Inc. in February 2021. Eneti operates under Marine Shipping classification in the United States and is traded on New York Stock Exchange. It employs 276 people.
Eneti Stock Technical Analysis
Eneti 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, delisted stock market cycles, or different charting patterns.
Price Boundaries
Eneti Period Price Range
Low | November 26, 2024
| High |
0.00 | 0.00 |
Eneti Inc cannot be verified against its exchange. Please verify the symbol is currently traded on New York Stock 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.
Eneti November 26, 2024 Market Strength
Market strength indicators help investors to evaluate how Eneti stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Eneti shares will generate the highest return on investment. By undertsting and applying Eneti stock market strength indicators, traders can identify Eneti Inc entry and exit signals to maximize returns
Eneti Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Eneti's price direction in advance. Along with the technical and fundamental analysis of Eneti Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Eneti 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 | 0.0863 | |||
Jensen Alpha | 0.3708 | |||
Total Risk Alpha | (0.18) | |||
Sortino Ratio | 0.0522 | |||
Treynor Ratio | (0.66) |
Cycle Indicators | ||
Math Operators | ||
Math Transform | ||
Momentum Indicators | ||
Overlap Studies | ||
Pattern Recognition | ||
Price Transform | ||
Statistic Functions | ||
Volatility Indicators | ||
Volume Indicators |
Check out Correlation 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 estimate. You can also try the Odds Of Bankruptcy module to get analysis of equity chance of financial distress in the next 2 years.
Other Consideration for investing in Eneti Stock
If you are still planning to invest in Eneti Inc 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 Eneti's history and understand the potential risks before investing.
Sectors List of equity sectors categorizing publicly traded companies based on their primary business activities | |
Funds Screener Find actively-traded funds from around the world traded on over 30 global exchanges | |
Portfolio Optimization Compute new portfolio that will generate highest expected return given your specified tolerance for risk | |
Alpha Finder Use alpha and beta coefficients to find investment opportunities after accounting for the risk | |
Companies Directory Evaluate performance of over 100,000 Stocks, Funds, and ETFs against different fundamentals | |
Crypto Correlations Use cryptocurrency correlation module to diversify your cryptocurrency portfolio across multiple coins | |
Instant Ratings Determine any equity ratings based on digital recommendations. Macroaxis instant equity ratings are based on combination of fundamental analysis and risk-adjusted market performance | |
Aroon Oscillator Analyze current equity momentum using Aroon Oscillator and other momentum ratios | |
Money Flow Index Determine momentum by analyzing Money Flow Index and other technical indicators |