EVN AG (Austria) Price on November 6, 2024
EVN Stock | EUR 23.70 0.35 1.46% |
If you're considering investing in EVN Stock, it is important to understand the factors that can impact its price. As of today, the current price of EVN AG stands at 23.70, as last reported on the 11th of December 2024, with the highest price reaching 24.15 and the lowest price hitting 23.50 during the day. EVN AG secures Sharpe Ratio (or Efficiency) of -0.28, which denotes the company had a -0.28% return per unit of risk over the last 3 months. EVN AG exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm EVN AG's Standard Deviation of 1.42, coefficient of variation of (333.42), and Mean Deviation of 1.03 to check the risk estimate we provide.
EVN Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
EVN |
Sharpe Ratio = -0.2799
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Estimated Market Risk
1.43 actual daily | 12 88% of assets are more volatile |
Expected Return
-0.4 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
-0.28 actual daily | 0 Most of other assets perform better |
Based on monthly moving average EVN AG 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 EVN AG by adding EVN AG to a well-diversified portfolio.
EVN AG Valuation on November 6, 2024
It is possible to determine the worth of EVN AG on a given historical date. On November 6, 2024 EVN was worth 25.35 at the beginning of the trading date compared to the closed value of 24.15. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of EVN AG stock. Still, in general, we apply an absolute valuation method to find EVN AG'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 EVN AG where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against EVN AG's related companies.
Open | High | Low | Close | Volume | |
25.00 | 25.15 | 24.40 | 24.95 | 48,703 | |
11/06/2024 | 25.35 | 25.35 | 24.15 | 24.15 | 105,696 |
24.20 | 24.70 | 24.20 | 24.55 | 47,965 |
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EVN AG Trading Date Momentum on November 6, 2024
On November 07 2024 EVN AG was traded for 24.55 at the closing time. The maximum traded price for the trading interval was 24.70 and the lowest daily price was 24.20 . The daily volume was recorded at 48 K. The volume of trading on 7th of November 2024 played a part in the next trading day price growth. The overall trading delta to the next closing price was 1.66% . The overall trading delta to the closing price today is 3.31% . |
EVN AG Fundamentals Correlations and Trends
By evaluating EVN AG'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 EVN AG's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. EVN financial account trend analysis is a perfect complement when working with valuation or volatility modules.About EVN AG Stock history
EVN AG 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 EVN is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in EVN AG 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 EVN AG stock prices may prove useful in developing a viable investing in EVN AG
EVN AG Stock Technical Analysis
EVN AG 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
EVN AG Period Price Range
Low | December 11, 2024
| High |
0.00 | 0.00 |
EVN AG cannot be verified against its exchange. Please verify the symbol is currently traded on Vienna 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.
EVN AG December 11, 2024 Market Strength
Market strength indicators help investors to evaluate how EVN AG stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading EVN AG shares will generate the highest return on investment. By undertsting and applying EVN AG stock market strength indicators, traders can identify EVN AG entry and exit signals to maximize returns
EVN AG Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for EVN AG's price direction in advance. Along with the technical and fundamental analysis of EVN Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of EVN 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 | (0.21) | |||
Jensen Alpha | (0.43) | |||
Total Risk Alpha | (0.66) | |||
Treynor Ratio | 117.58 |
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Complementary Tools for EVN Stock analysis
When running EVN AG's price analysis, check to measure EVN AG'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 EVN AG is operating at the current time. Most of EVN AG's value examination focuses on studying past and present price action to predict the probability of EVN AG's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move EVN AG's price. Additionally, you may evaluate how the addition of EVN AG to your portfolios can decrease your overall portfolio volatility.
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