Edenred SA (France) Price on October 23, 2024

EDEN Stock  EUR 31.30  0.61  1.99%   
If you're considering investing in Edenred Stock, it is important to understand the factors that can impact its price. As of today, the current price of Edenred SA stands at 31.30, as last reported on the 29th of November, with the highest price reaching 31.44 and the lowest price hitting 30.50 during the day. Edenred SA secures Sharpe Ratio (or Efficiency) of -0.0934, which denotes the company had a -0.0934% return per unit of risk over the last 3 months. Edenred SA exposes twenty-two different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm Edenred SA's Mean Deviation of 1.84, standard deviation of 2.72, and Variance of 7.43 to check the risk estimate we provide.
  
Edenred Stock price history is provided at the adjusted basis, taking into account all of the recent filings.

Sharpe Ratio = -0.0934

Best PortfolioBest Equity
Good Returns
Average Returns
Small Returns
CashSmall RiskAverage RiskHigh RiskHuge Risk
Negative ReturnsEDEN

Estimated Market Risk

 2.75
  actual daily
24
76% of assets are more volatile

Expected Return

 -0.26
  actual daily
0
Most of other assets have higher returns

Risk-Adjusted Return

 -0.09
  actual daily
0
Most of other assets perform better
Based on monthly moving average Edenred SA 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 Edenred SA by adding Edenred SA to a well-diversified portfolio.

Edenred SA Valuation on October 23, 2024

It is possible to determine the worth of Edenred SA on a given historical date. On October 23, 2024 Edenred was worth 33.89 at the beginning of the trading date compared to the closed value of 34.41. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Edenred SA stock. Still, in general, we apply an absolute valuation method to find Edenred SA'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 Edenred SA where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Edenred SA's related companies.
 Open High Low Close Volume
  33.00    34.03    32.90    33.96    847,222  
10/23/2024
  33.89    34.78    33.80    34.41    523,963  
  30.75    32.25    28.15    29.37    2,986,171  
Backtest Edenred SA  |  Edenred SA History  |  Edenred SA Valuation   PreviousNext  
Open Value
33.89
34.41
Closing Value
42.13
Upside

Edenred SA Trading Date Momentum on October 23, 2024

On October 24 2024 Edenred SA was traded for  29.37  at the closing time. The highest price during the trading period was 32.25  and the lowest recorded bid was listed for  28.15 . The volume for the day was 3 M. This history from October 24, 2024 contributed to the next trading day price decline. The overall trading delta to the next closing price was 14.65% . The overall trading delta to the current price is 13.63% .

Edenred SA Fundamentals Correlations and Trends

By evaluating Edenred SA'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 Edenred SA's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Edenred financial account trend analysis is a perfect complement when working with valuation or volatility modules.

About Edenred SA Stock history

Edenred SA 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 Edenred is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Edenred SA 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 Edenred SA stock prices may prove useful in developing a viable investing in Edenred SA
Edenred SA provides transactional solutions for companies, employees, and merchants worldwide. The company was founded in 1954 and is headquartered in Issy-les-Moulineaux, France. EDENRED operates under Business Services classification in France and is traded on Paris Stock Exchange. It employs 8481 people.

Edenred SA Stock Technical Analysis

Edenred SA 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.
A focus of Edenred SA technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of Edenred SA trading pattern rather than external drivers such as economic, fundamental, or social events. It is believed that price action tends to repeat itself due to investors' collective, patterned behavior. Hence technical analysis focuses on identifiable price trends and conditions. More Info...

Price Boundaries

Edenred SA Period Price Range

Low
November 29, 2024
0.00  NaN%
High

 0.00 

     

 0.00 

Edenred SA cannot be verified against its exchange. Please verify the symbol is currently traded on Euronext Paris. 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.

Edenred SA November 29, 2024 Market Strength

Market strength indicators help investors to evaluate how Edenred SA stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Edenred SA shares will generate the highest return on investment. By undertsting and applying Edenred SA stock market strength indicators, traders can identify Edenred SA entry and exit signals to maximize returns

Edenred SA Technical and Predictive Indicators

Predictive indicators are helping investors to find signals for Edenred SA's price direction in advance. Along with the technical and fundamental analysis of Edenred Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Edenred 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.

Complementary Tools for Edenred Stock analysis

When running Edenred SA's price analysis, check to measure Edenred SA'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 Edenred SA is operating at the current time. Most of Edenred SA's value examination focuses on studying past and present price action to predict the probability of Edenred SA's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Edenred SA's price. Additionally, you may evaluate how the addition of Edenred SA to your portfolios can decrease your overall portfolio volatility.
Latest Portfolios
Quick portfolio dashboard that showcases your latest portfolios
Portfolio Anywhere
Track or share privately all of your investments from the convenience of any device
Portfolio Backtesting
Avoid under-diversification and over-optimization by backtesting your portfolios
Positions Ratings
Determine portfolio positions ratings based on digital equity recommendations. Macroaxis instant position ratings are based on combination of fundamental analysis and risk-adjusted market performance
Commodity Channel
Use Commodity Channel Index to analyze current equity momentum