ENF Technology (Korea) Price on March 22, 2024
If you're considering investing in ENF Stock, it is important to understand the factors that can impact its price. ENF Technology secures Sharpe Ratio (or Efficiency) of -0.11, which denotes the company had a -0.11% return per unit of return volatility over the last 3 months. ENF Technology Co exposes fifteen different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm ENF Technology's standard deviation of 3.1, and Mean Deviation of 2.38 to check the risk estimate we provide.
ENF Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
ENF |
Sharpe Ratio = -0.1078
| Best Portfolio | Best Equity | |||
| Good Returns | ||||
| Average Returns | ||||
| Small Returns | ||||
| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
| Negative Returns | 102710 |
Estimated Market Risk
| 3.1 actual daily | 27 73% of assets are more volatile |
Expected Return
| -0.33 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| -0.11 actual daily | 0 Most of other assets perform better |
Based on monthly moving average ENF Technology 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 ENF Technology by adding ENF Technology to a well-diversified portfolio.
Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.
Price Boundaries
ENF Technology Period Price Range
Low | December 19, 2024
| High |
0.00 | 0.00 |
ENF Technology Co cannot be verified against its exchange. Please verify the symbol is currently traded on KOSDAQ. 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.
ENF Technology December 19, 2024 Market Strength
Market strength indicators help investors to evaluate how ENF Technology stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading ENF Technology shares will generate the highest return on investment. By undertsting and applying ENF Technology stock market strength indicators, traders can identify ENF Technology Co entry and exit signals to maximize returns
ENF Technology Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for ENF Technology's price direction in advance. Along with the technical and fundamental analysis of ENF Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of ENF 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 | (0.08) | |||
| Jensen Alpha | (0.34) | |||
| Total Risk Alpha | (0.44) | |||
| Treynor Ratio | 1.04 |
| Cycle Indicators | ||
| Math Operators | ||
| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
Complementary Tools for ENF Stock analysis
When running ENF Technology's price analysis, check to measure ENF Technology'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 ENF Technology is operating at the current time. Most of ENF Technology's value examination focuses on studying past and present price action to predict the probability of ENF Technology's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move ENF Technology's price. Additionally, you may evaluate how the addition of ENF Technology to your portfolios can decrease your overall portfolio volatility.
| Cryptocurrency Center Build and monitor diversified portfolio of extremely risky digital assets and cryptocurrency | |
| Companies Directory Evaluate performance of over 100,000 Stocks, Funds, and ETFs against different fundamentals | |
| Odds Of Bankruptcy Get analysis of equity chance of financial distress in the next 2 years | |
| Portfolio Analyzer Portfolio analysis module that provides access to portfolio diagnostics and optimization engine | |
| Economic Indicators Top statistical indicators that provide insights into how an economy is performing | |
| ETF Categories List of ETF categories grouped based on various criteria, such as the investment strategy or type of investments | |
| Equity Analysis Research over 250,000 global equities including funds, stocks and ETFs to find investment opportunities | |
| Crypto Correlations Use cryptocurrency correlation module to diversify your cryptocurrency portfolio across multiple coins | |
| Portfolio Volatility Check portfolio volatility and analyze historical return density to properly model market risk |