Erste Group (Czech Republic) Price on September 22, 2023
| ERBAG Stock | CZK 1,294 6.50 0.50% |
If you're considering investing in Erste Stock, it is important to understand the factors that can impact its price. As of today, the current price of Erste Group stands at 1,294, as last reported on the 29th of November, with the highest price reaching 1,301 and the lowest price hitting 1,292 during the day. Currently, Erste Group Bank is very steady. Erste Group Bank secures Sharpe Ratio (or Efficiency) of 0.0588, which denotes the company had a 0.0588% return per unit of risk over the last 3 months. We have found thirty technical indicators for Erste Group Bank, which you can use to evaluate the volatility of the firm. Please confirm Erste Group's Mean Deviation of 0.7786, coefficient of variation of 980.06, and Downside Deviation of 1.05 to check if the risk estimate we provide is consistent with the expected return of 0.0613%.
Erste Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
Erste |
Sharpe Ratio = 0.0588
| Best Portfolio | Best Equity | |||
| Good Returns | ||||
| Average Returns | ||||
| Small Returns | ||||
| Cash | ERBAG | Average Risk | High Risk | Huge Risk |
| Negative Returns |
Estimated Market Risk
| 1.04 actual daily | 9 91% of assets are more volatile |
Expected Return
| 0.06 actual daily | 1 99% of assets have higher returns |
Risk-Adjusted Return
| 0.06 actual daily | 4 96% of assets perform better |
Based on monthly moving average Erste Group is performing at about 4% 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 Erste Group by adding it to a well-diversified portfolio.
Erste Group Valuation on September 22, 2023
It is possible to determine the worth of Erste Group on a given historical date. On September 22, 2023 Erste was worth 795.13 at the beginning of the trading date compared to the closed value of 791.34. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Erste Group stock. Still, in general, we apply an absolute valuation method to find Erste Group'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 Erste Group where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Erste Group's related companies.
| Open | High | Low | Close | Volume | |
| 803.01 | 803.01 | 784.16 | 793.64 | 136,971 | |
09/22/2023 | 795.13 | 795.13 | 783.26 | 791.34 | 64,299 |
| 788.95 | 791.34 | 778.17 | 783.16 | 66,338 |
| Backtest Erste Group | | | Erste Group History | | | Erste Group Valuation | Previous | Next |
Erste Group Trading Date Momentum on September 22, 2023
| On September 25 2023 Erste Group Bank was traded for 783.16 at the closing time. The highest price during the trading period was 791.34 and the lowest recorded bid was listed for 778.17 . The volume for the day was 66.3 K. This history from September 25, 2023 contributed to the next trading day price decline. The overall trading delta to the next closing price was 1.03% . The overall trading delta to the current price is 0.86% . |
Erste Group Bank Fundamentals Correlations and Trends
By evaluating Erste Group'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 Erste Group's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Erste financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Erste Group Stock history
Erste Group 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 Erste is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Erste Group Bank 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 Erste Group stock prices may prove useful in developing a viable investing in Erste Group
Erste Group Bank AG provides a range of banking and other financial services to retail, corporate, real estate, and public sector customers in Austria, Central and Eastern Europe, and internationally. The company was founded in 1819 and is headquartered in Vienna, Austria. ERSTE GROUP operates under BanksRegional classification in Exotistan and is traded on Commodity Exchange. It employs 45411 people.
Erste Group Stock Technical Analysis
Erste Group 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
Erste Group Period Price Range
Low | November 29, 2024
| High |
0.00 | 0.00 |
Erste Group Bank cannot be verified against its exchange. Please verify the symbol is currently traded on Prague 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.
Erste Group November 29, 2024 Market Strength
Market strength indicators help investors to evaluate how Erste Group stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Erste Group shares will generate the highest return on investment. By undertsting and applying Erste Group stock market strength indicators, traders can identify Erste Group Bank entry and exit signals to maximize returns
Erste Group Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Erste Group's price direction in advance. Along with the technical and fundamental analysis of Erste Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Erste 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 | 0.0808 | |||
| Jensen Alpha | 0.0603 | |||
| Total Risk Alpha | (0.06) | |||
| Sortino Ratio | (0.02) | |||
| Treynor Ratio | 0.311 |
| Cycle Indicators | ||
| Math Operators | ||
| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
Additional Tools for Erste Stock Analysis
When running Erste Group's price analysis, check to measure Erste Group'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 Erste Group is operating at the current time. Most of Erste Group's value examination focuses on studying past and present price action to predict the probability of Erste Group's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Erste Group's price. Additionally, you may evaluate how the addition of Erste Group to your portfolios can decrease your overall portfolio volatility.