Edp Renovaveis Stock Price on November 12, 2024
EDRVF Stock | USD 11.46 0.00 0.00% |
If you're considering investing in EDP Pink Sheet, it is important to understand the factors that can impact its price. As of today, the current price of EDP Renovaveis stands at 11.46, as last reported on the 3rd of December, with the highest price reaching 11.46 and the lowest price hitting 11.46 during the day. EDP Renovaveis secures Sharpe Ratio (or Efficiency) of -0.23, which denotes the company had a -0.23% return per unit of risk over the last 3 months. EDP Renovaveis exposes eighteen different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm EDP Renovaveis' Standard Deviation of 2.33, mean deviation of 1.24, and Coefficient Of Variation of (527.95) to check the risk estimate we provide.
EDP Pink Sheet price history is provided at the adjusted basis, taking into account all of the recent filings.
EDP |
Sharpe Ratio = -0.2333
Best Portfolio | Best Equity | |||
Good Returns | ||||
Average Returns | ||||
Small Returns | ||||
Cash | Small Risk | Average Risk | High Risk | Huge Risk |
Negative Returns | EDRVF |
Estimated Market Risk
2.3 actual daily | 20 80% of assets are more volatile |
Expected Return
-0.54 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
-0.23 actual daily | 0 Most of other assets perform better |
Based on monthly moving average EDP Renovaveis 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 EDP Renovaveis by adding EDP Renovaveis to a well-diversified portfolio.
Related Headline
Brookfield Renewable Headline on 12th of November 2024
Brookfield Asset Managements SWOT analysis stock poised for ... by investing.com
Brookfield Asset Managements SWOT analysis stock poised for growth amid expansion
EDP Renovaveis Valuation on November 12, 2024
It is possible to determine the worth of EDP Renovaveis on a given historical date. On November 12, 2024 EDP was worth 12.07 at the beginning of the trading date compared to the closed value of 12.07. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of EDP Renovaveis pink sheet. Still, in general, we apply an absolute valuation method to find EDP Renovaveis' 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 EDP Renovaveis where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against EDP Renovaveis' related companies.
Open | High | Low | Close | Volume | |
12.07 | 12.07 | 12.07 | 12.07 | 1.00 | |
11/12/2024 | 12.07 | 12.07 | 12.07 | 12.07 | 1.00 |
12.07 | 12.07 | 12.07 | 12.07 | 1.00 |
Backtest EDP Renovaveis | | | EDP Renovaveis History | | | EDP Renovaveis Valuation | Previous | Next |
EDP Renovaveis Trading Date Momentum on November 12, 2024
On November 13 2024 EDP Renovaveis was traded for 12.07 at the closing time. The highest daily price throughout the period was 12.07 and the lowest price was 12.07 . There was no trading activity during the period 1.0. Lack of trading volume on 11/13/2024 did not affect price variability. The overall trading delta to current closing price is 5.63% . |
EDP Renovaveis Fundamentals Correlations and Trends
By evaluating EDP Renovaveis' financials over time, investors can gain insight into future company performance. However, you can also analyze the published financial statements to find patterns among EDP Renovaveis' main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. EDP financial account trend analysis is a perfect complement when working with valuation or volatility modules.About EDP Renovaveis Pink Sheet history
EDP Renovaveis 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 EDP is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in EDP Renovaveis 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 EDP Renovaveis stock prices may prove useful in developing a viable investing in EDP Renovaveis
EDP Renovveis, S.A., a renewable energy company, plans, constructs, operates, and maintains electric power generation plants. EDP Renovveis, S.A. operates as a subsidiary of EDP-Energias de Portugal, S.A. EDP RENOVAVEIS operates under UtilitiesRenewable classification in the United States and is traded on OTC Exchange. It employs 2805 people.
EDP Renovaveis Pink Sheet Technical Analysis
EDP Renovaveis technical pink sheet 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, pink sheet market cycles, or different charting patterns.
Price Boundaries
EDP Renovaveis Period Price Range
Low | December 3, 2024
| High |
0.00 | 0.00 |
EDP Renovaveis cannot be verified against its exchange. Please verify the symbol is currently traded on PINK 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.
EDP Renovaveis December 3, 2024 Market Strength
Market strength indicators help investors to evaluate how EDP Renovaveis pink sheet reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading EDP Renovaveis shares will generate the highest return on investment. By undertsting and applying EDP Renovaveis pink sheet market strength indicators, traders can identify EDP Renovaveis entry and exit signals to maximize returns
EDP Renovaveis Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for EDP Renovaveis' price direction in advance. Along with the technical and fundamental analysis of EDP Pink Sheet historical price patterns, it is also worthwhile for investors to track various predictive indicators of EDP 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 | (0.14) | |||
Jensen Alpha | (0.46) | |||
Total Risk Alpha | (0.80) | |||
Treynor Ratio | (5.30) |
Cycle Indicators | ||
Math Operators | ||
Math Transform | ||
Momentum Indicators | ||
Overlap Studies | ||
Pattern Recognition | ||
Price Transform | ||
Statistic Functions | ||
Volatility Indicators | ||
Volume Indicators |
Complementary Tools for EDP Pink Sheet analysis
When running EDP Renovaveis' price analysis, check to measure EDP Renovaveis' 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 EDP Renovaveis is operating at the current time. Most of EDP Renovaveis' value examination focuses on studying past and present price action to predict the probability of EDP Renovaveis' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move EDP Renovaveis' price. Additionally, you may evaluate how the addition of EDP Renovaveis to your portfolios can decrease your overall portfolio volatility.
My Watchlist Analysis Analyze my current watchlist and to refresh optimization strategy. Macroaxis watchlist is based on self-learning algorithm to remember stocks you like | |
Money Flow Index Determine momentum by analyzing Money Flow Index and other technical indicators | |
Idea Optimizer Use advanced portfolio builder with pre-computed micro ideas to build optimal portfolio | |
Equity Analysis Research over 250,000 global equities including funds, stocks and ETFs to find investment opportunities | |
Portfolio Rebalancing Analyze risk-adjusted returns against different time horizons to find asset-allocation targets | |
Funds Screener Find actively-traded funds from around the world traded on over 30 global exchanges | |
Correlation Analysis Reduce portfolio risk simply by holding instruments which are not perfectly correlated | |
AI Portfolio Architect Use AI to generate optimal portfolios and find profitable investment opportunities | |
Fundamentals Comparison Compare fundamentals across multiple equities to find investing opportunities |