Euronext (Germany) Price on February 21, 2024
ENXB Stock | EUR 106.10 0.00 0.00% |
If you're considering investing in Euronext Stock, it is important to understand the factors that can impact its price. As of today, the current price of Euronext stands at 106.10, as last reported on the 29th of December, with the highest price reaching 106.10 and the lowest price hitting 106.10 during the day. At this point, Euronext is very steady. Euronext NV secures Sharpe Ratio (or Efficiency) of 0.11, which denotes the company had a 0.11% return per unit of risk over the last 3 months. We have found twenty-four technical indicators for Euronext NV, which you can use to evaluate the volatility of the firm. Please confirm Euronext's Mean Deviation of 0.9279, coefficient of variation of 1051.55, and Downside Deviation of 1.27 to check if the risk estimate we provide is consistent with the expected return of 0.14%.
Euronext Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
Euronext |
Sharpe Ratio = 0.1094
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Estimated Market Risk
1.28 actual daily | 11 89% of assets are more volatile |
Expected Return
0.14 actual daily | 2 98% of assets have higher returns |
Risk-Adjusted Return
0.11 actual daily | 8 92% of assets perform better |
Based on monthly moving average Euronext is performing at about 8% of its full potential. 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 Euronext by adding it to a well-diversified portfolio.
Euronext Valuation on February 21, 2024
It is possible to determine the worth of Euronext on a given historical date. On February 21, 2024 Euronext was worth 80.06 at the beginning of the trading date compared to the closed value of 79.96. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Euronext stock. Still, in general, we apply an absolute valuation method to find Euronext'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 Euronext where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Euronext's related companies.
Open | High | Low | Close | Volume | |
79.57 | 79.57 | 79.38 | 79.38 | 1.00 | |
02/21/2024 | 80.06 | 80.26 | 79.96 | 79.96 | 1.00 |
81.42 | 81.62 | 81.37 | 81.37 | 120.00 |
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Euronext Trading Date Momentum on February 21, 2024
On February 22 2024 Euronext NV was traded for 81.37 at the closing time. The maximum traded price for the trading interval was 81.62 and the lowest daily price was 81.37 . The daily volume was recorded at 120. The volume of trading on 22nd of February 2024 played a part in the next trading day price rise. The overall trading delta to the next closing price was 1.76% . The overall trading delta to the closing price today is 3.23% . |
Euronext NV Fundamentals Correlations and Trends
By evaluating Euronext'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 Euronext's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Euronext financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Euronext Stock history
Euronext 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 Euronext is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Euronext NV 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 Euronext stock prices may prove useful in developing a viable investing in Euronext
Euronext N.V., together with its subsidiaries, operates securities and derivatives exchanges in Continental Europe and Ireland. Euronext N.V. was founded in 2000 and is headquartered in Amsterdam, the Netherlands. EURONEXT N is traded on Frankfurt Stock Exchange in Germany.
Euronext Stock Technical Analysis
Euronext 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
Euronext Period Price Range
Low | December 29, 2024
| High |
0.00 | 0.00 |
Euronext NV cannot be verified against its exchange. Please verify the symbol is currently traded on Frankfurt 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.
Euronext December 29, 2024 Market Strength
Market strength indicators help investors to evaluate how Euronext stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Euronext shares will generate the highest return on investment. By undertsting and applying Euronext stock market strength indicators, traders can identify Euronext NV entry and exit signals to maximize returns
Euronext Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Euronext's price direction in advance. Along with the technical and fundamental analysis of Euronext Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Euronext 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 | 0.0798 | |||
Jensen Alpha | 0.1126 | |||
Total Risk Alpha | 0.0797 | |||
Sortino Ratio | 0.0744 | |||
Treynor Ratio | 0.6117 |
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Math Transform | ||
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Overlap Studies | ||
Pattern Recognition | ||
Price Transform | ||
Statistic Functions | ||
Volatility Indicators | ||
Volume Indicators |
Complementary Tools for Euronext Stock analysis
When running Euronext's price analysis, check to measure Euronext'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 Euronext is operating at the current time. Most of Euronext's value examination focuses on studying past and present price action to predict the probability of Euronext's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Euronext's price. Additionally, you may evaluate how the addition of Euronext to your portfolios can decrease your overall portfolio volatility.
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