Economic Investment Trust Stock Price on October 6, 2023

EVT Stock  CAD 165.00  1.00  0.61%   
Below is the normalized historical share price chart for Economic Investment Trust extending back to March 18, 1980. This chart has been adjusted for all splits and dividends and is plotted against all major global economic recessions. As of today, the current price of Economic Investment stands at 165.00, as last reported on the 25th of December, with the highest price reaching 165.00 and the lowest price hitting 163.77 during the day.
200 Day MA
153.9473
50 Day MA
169.425
Beta
0.747
 
Black Monday
 
Oil Shock
 
Dot-com Bubble
 
Housing Crash
 
Credit Downgrade
 
Yuan Drop
 
Covid
If you're considering investing in Economic Stock, it is important to understand the factors that can impact its price. As of now, Economic Stock is very steady. Economic Investment Trust secures Sharpe Ratio (or Efficiency) of 0.0672, which denotes the company had a 0.0672% return per unit of risk over the last 3 months. We have found twenty-nine technical indicators for Economic Investment Trust, which you can use to evaluate the volatility of the firm. Please confirm Economic Investment's Coefficient Of Variation of 3167.26, mean deviation of 0.5343, and Downside Deviation of 1.49 to check if the risk estimate we provide is consistent with the expected return of 0.0614%.
  
As of the 25th of December 2024, Total Stockholder Equity is likely to drop to about 952.3 M. In addition to that, Common Stock is likely to drop to about 163.1 M. Economic Stock price history is provided at the adjusted basis, taking into account all of the recent filings.

Sharpe Ratio = 0.0672

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Estimated Market Risk

 0.91
  actual daily
8
92% of assets are more volatile

Expected Return

 0.06
  actual daily
1
99% of assets have higher returns

Risk-Adjusted Return

 0.07
  actual daily
5
95% of assets perform better
Based on monthly moving average Economic Investment is performing at about 5% 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 Economic Investment by adding it to a well-diversified portfolio.
Book Value
239.994
Enterprise Value
877.5 M
Price Sales
2.2623
Shares Outstanding
5.6 M
Market Capitalization
926.6 M

Economic Investment Main Headline on 6th of October 2023

Housing Update Whats Happening in October 2023 The Motley Fool Canada

Economic Investment Valuation on October 6, 2023

It is possible to determine the worth of Economic Investment on a given historical date. On October 6, 2023 Economic was worth 113.07 at the beginning of the trading date compared to the closed value of 113.07. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Economic Investment stock. Still, in general, we apply an absolute valuation method to find Economic Investment'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 Economic Investment where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Economic Investment's related companies.
 Open High Low Close Volume
  113.07    113.07    113.07    113.07    1.00  
10/06/2023
  113.07    113.07    113.07    113.07    1.00  
  113.07    113.07    113.07    113.07    1.00  
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Open Value
113.07
110.33
Downside
113.07
Closing Value
115.81
Upside

Economic Investment Trading Date Momentum on October 6, 2023

On October 10 2023 Economic Investment Trust was traded for  113.07  at the closing time. The maximum traded price for the trading interval was 113.07  and the lowest daily price was  113.07 . There was no trading activity during the period 1.0. Lack of trading volume on 10th of October 2023 did not affect price variability. The overall trading delta to the closing price today is 0.00% .

Economic Investment Trust Fundamentals Correlations and Trends

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

About Economic Investment Stock history

Economic Investment 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 Economic is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Economic Investment Trust 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 Economic Investment stock prices may prove useful in developing a viable investing in Economic Investment
Last ReportedProjected for Next Year
Common Stock Shares Outstanding4.9 M4.5 M
Net Loss-20.1 M-19.1 M

Economic Investment Stock Technical Analysis

Economic Investment 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 Economic Investment technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of Economic Investment 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

Economic Investment Period Price Range

Low
December 25, 2024
0.00  NaN%
High

 0.00 

     

 0.00 

Economic Investment Trust cannot be verified against its exchange. Please verify the symbol is currently traded on Toronto 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.

Economic Investment December 25, 2024 Market Strength

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

Economic Investment Technical and Predictive Indicators

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

Other Information on Investing in Economic Stock

Economic Investment financial ratios help investors to determine whether Economic Stock is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in Economic with respect to the benefits of owning Economic Investment security.