EVE Energy (China) Price on November 27, 2023

300014 Stock   42.90  1.51  3.40%   
If you're considering investing in EVE Stock, it is important to understand the factors that can impact its price. As of today, the current price of EVE Energy stands at 42.90, as last reported on the 23rd of January, with the highest price reaching 44.36 and the lowest price hitting 42.56 during the day. EVE Energy secures Sharpe Ratio (or Efficiency) of -0.0708, which denotes the company had a -0.0708 % return per unit of return volatility over the last 3 months. EVE Energy exposes twenty-two different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm EVE Energy's standard deviation of 2.95, and Mean Deviation of 2.32 to check the risk estimate we provide.
  
EVE Stock price history is provided at the adjusted basis, taking into account all of the recent filings.

Sharpe Ratio = -0.0708

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Estimated Market Risk

 2.68
  actual daily
23
77% of assets are more volatile

Expected Return

 -0.19
  actual daily
0
Most of other assets have higher returns

Risk-Adjusted Return

 -0.07
  actual daily
0
Most of other assets perform better
Based on monthly moving average EVE Energy 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 EVE Energy by adding EVE Energy to a well-diversified portfolio.

EVE Energy Valuation on November 27, 2023

It is possible to determine the worth of EVE Energy on a given historical date. On November 27, 2023 EVE was worth 42.62 at the beginning of the trading date compared to the closed value of 41.85. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of EVE Energy stock. Still, in general, we apply an absolute valuation method to find EVE Energy'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 EVE Energy where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against EVE Energy's related companies.
 Open High Low Close Volume
  43.90    43.90    42.92    42.92    11,738,416  
11/27/2023
  42.62    42.90    41.85    41.85    14,516,401  
  41.96    42.27    41.12    42.18    16,940,804  
Backtest EVE Energy  |  EVE Energy History  |  EVE Energy Valuation   PreviousNext  
Open Value
42.62
41.85
Closing Value
50.66
Upside

EVE Energy Trading Date Momentum on November 27, 2023

On November 28 2023 EVE Energy was traded for  42.18  at the closing time. The highest price during the trading period was 42.27  and the lowest recorded bid was listed for  41.12 . The volume for the day was 16.9 M. This history from November 28, 2023 contributed to the next trading day price jump. The daily price change to the next closing price was 0.79% . The overall trading delta to the current price is 0.14% .

EVE Energy Fundamentals Correlations and Trends

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

About EVE Energy Stock history

EVE Energy 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 EVE is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in EVE Energy 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 EVE Energy stock prices may prove useful in developing a viable investing in EVE Energy

EVE Energy Stock Technical Analysis

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

EVE Energy Period Price Range

Low
January 23, 2025
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High

 0.00 

     

 0.00 

EVE Energy cannot be verified against its exchange. Please verify the symbol is currently traded on Shenzhen 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.

EVE Energy January 23, 2025 Market Strength

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

EVE Energy Technical and Predictive Indicators

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

Complementary Tools for EVE Stock analysis

When running EVE Energy's price analysis, check to measure EVE Energy'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 EVE Energy is operating at the current time. Most of EVE Energy's value examination focuses on studying past and present price action to predict the probability of EVE Energy's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move EVE Energy's price. Additionally, you may evaluate how the addition of EVE Energy to your portfolios can decrease your overall portfolio volatility.
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