ECIT AS (Norway) Price on September 20, 2024
ECIT Stock | 9.88 0.00 0.00% |
If you're considering investing in ECIT Stock, it is important to understand the factors that can impact its price. As of today, the current price of ECIT AS stands at 9.88, as last reported on the 12th of December 2024, with the highest price reaching 9.88 and the lowest price hitting 9.88 during the day. We have found twenty-five technical indicators for ECIT AS, which you can use to evaluate the volatility of the entity. Please confirm ECIT AS's downside deviation of 1.67, and Mean Deviation of 0.513 to check if the risk estimate we provide is consistent with the expected return of 0.0%.
ECIT Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
ECIT |
Sharpe Ratio = 0.0
Best Portfolio | Best Equity | |||
Good Returns | ||||
Average Returns | ||||
Small Returns | ||||
Cash | Small Risk | Average Risk | High Risk | Huge Risk |
ECIT |
Based on monthly moving average ECIT AS 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 ECIT AS by adding ECIT AS to a well-diversified portfolio.
ECIT AS Valuation on September 20, 2024
It is possible to determine the worth of ECIT AS on a given historical date. On September 20, 2024 ECIT was worth 9.88 at the beginning of the trading date compared to the closed value of 9.88. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of ECIT AS stock. Still, in general, we apply an absolute valuation method to find ECIT AS'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 ECIT AS where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against ECIT AS's related companies.
Open | High | Low | Close | Volume | |
9.86 | 9.86 | 9.86 | 9.86 | 98,254 | |
09/20/2024 | 9.88 | 9.88 | 9.88 | 9.88 | 99,321 |
9.90 | 9.90 | 9.90 | 9.90 | 2,773 |
Backtest ECIT AS | | | ECIT AS History | | | ECIT AS Valuation | Previous | Next |
ECIT AS Trading Date Momentum on September 20, 2024
On September 23 2024 ECIT AS was traded for 9.90 at the closing time. The highest price during the trading period was 9.90 and the lowest recorded bid was listed for 9.90 . The volume for the day was 2.8 K. This history from September 23, 2024 contributed to the next trading day price upswing. The overall trading delta to the next closing price was 0.20% . The overall trading delta to the current price is 1.01% . |
ECIT AS Fundamentals Correlations and Trends
By evaluating ECIT AS'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 ECIT AS's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. ECIT financial account trend analysis is a perfect complement when working with valuation or volatility modules.About ECIT AS Stock history
ECIT AS 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 ECIT is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in ECIT AS 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 ECIT AS stock prices may prove useful in developing a viable investing in ECIT AS
ECIT AS Stock Technical Analysis
ECIT AS 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.
Price Boundaries
ECIT AS Period Price Range
Low | December 12, 2024
| High |
0.00 | 0.00 |
ECIT AS cannot be verified against its exchange. Please verify the symbol is currently traded on Oslo 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.
ECIT AS December 12, 2024 Market Strength
Market strength indicators help investors to evaluate how ECIT AS stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading ECIT AS shares will generate the highest return on investment. By undertsting and applying ECIT AS stock market strength indicators, traders can identify ECIT AS entry and exit signals to maximize returns
ECIT AS Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for ECIT AS's price direction in advance. Along with the technical and fundamental analysis of ECIT Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of ECIT 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 | 0.0547 | |||
Jensen Alpha | 0.048 | |||
Total Risk Alpha | (0.11) | |||
Sortino Ratio | (0.03) | |||
Treynor Ratio | 0.386 |
Cycle Indicators | ||
Math Operators | ||
Math Transform | ||
Momentum Indicators | ||
Overlap Studies | ||
Pattern Recognition | ||
Price Transform | ||
Statistic Functions | ||
Volatility Indicators | ||
Volume Indicators |
Other Information on Investing in ECIT Stock
ECIT AS financial ratios help investors to determine whether ECIT Stock is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in ECIT with respect to the benefits of owning ECIT AS security.