Encore Wire Price on February 13, 2024
WIREDelisted Stock | USD 289.84 0.00 0.00% |
If you're considering investing in Encore Stock, it is important to understand the factors that can impact its price. As of today, the current price of Encore Wire stands at 289.84, as last reported on the 29th of November, with the highest price reaching 289.84 and the lowest price hitting 289.84 during the day. We have found twenty-four technical indicators for Encore Wire, which you can use to evaluate the volatility of the firm. Please confirm Encore Wire's Mean Deviation of 0.6991, semi deviation of 0.532, and Downside Deviation of 0.8916 to check if the risk estimate we provide is consistent with the expected return of 0.0%.
Encore Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
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Sharpe Ratio = 0.0
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Based on monthly moving average Encore Wire 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 Encore Wire by adding Encore Wire to a well-diversified portfolio.
Encore Wire Valuation on February 13, 2024
It is possible to determine the worth of Encore Wire on a given historical date. On February 13, 2024 Encore was worth 238.6 at the beginning of the trading date compared to the closed value of 236.32. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Encore Wire stock. Still, in general, we apply an absolute valuation method to find Encore Wire'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 Encore Wire where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Encore Wire's related companies.
Open | High | Low | Close | Volume | |
244.29 | 246.73 | 242.23 | 245.66 | 132,896 | |
02/13/2024 | 238.60 | 239.71 | 232.33 | 236.32 | 231,320 |
244.98 | 249.98 | 231.81 | 232.51 | 301,643 |
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Encore Wire Trading Date Momentum on February 13, 2024
On February 14 2024 Encore Wire was traded for 232.51 at the closing time. The top price for the day was 249.98 and the lowest listed price was 231.81 . The trading volume for the day was 301.6 K. The trading history from February 14, 2024 was a factor to the next trading day price decrease. The trading price change against the next closing price was 1.61% . The overall trading delta against the current closing price is 7.73% . |
Encore Wire Fundamentals Correlations and Trends
By evaluating Encore Wire'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 Encore Wire's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Encore financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Encore Wire Stock history
Encore Wire 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 Encore is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Encore Wire 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 Encore Wire stock prices may prove useful in developing a viable investing in Encore Wire
Encore Wire Corporation manufactures and sells electrical building wires and cables for interior electrical wiring in the United States. Encore Wire Corporation was incorporated in 1989 and is headquartered in McKinney, Texas. Encore Wire operates under Electrical Equipment Parts classification in the United States and is traded on NASDAQ Exchange. It employs 1440 people.
Encore Wire Stock Technical Analysis
Encore Wire 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
Encore Wire Period Price Range
Low | November 29, 2024
| High |
0.00 | 0.00 |
Encore Wire cannot be verified against its exchange. Please verify the symbol is currently traded on NASDAQ 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.
Encore Wire November 29, 2024 Market Strength
Market strength indicators help investors to evaluate how Encore Wire stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Encore Wire shares will generate the highest return on investment. By undertsting and applying Encore Wire stock market strength indicators, traders can identify Encore Wire entry and exit signals to maximize returns
Encore Wire Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Encore Wire's price direction in advance. Along with the technical and fundamental analysis of Encore Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Encore 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 | 0.0797 | |||
Jensen Alpha | 0.1378 | |||
Total Risk Alpha | (0.1) | |||
Sortino Ratio | 0.0408 | |||
Treynor Ratio | 1.25 |
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Check out Your Current Watchlist 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 metropolitan statistical area. You can also try the Portfolio Anywhere module to track or share privately all of your investments from the convenience of any device.
Other Consideration for investing in Encore Stock
If you are still planning to invest in Encore Wire 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 Encore Wire's history and understand the potential risks before investing.
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