EuropaCorp (Germany) Price on October 23, 2024
AZ6 Stock | EUR 0.31 0.02 6.06% |
If you're considering investing in EuropaCorp Stock, it is important to understand the factors that can impact its price. As of today, the current price of EuropaCorp stands at 0.31, as last reported on the 22nd of December, with the highest price reaching 0.34 and the lowest price hitting 0.31 during the day. EuropaCorp secures Sharpe Ratio (or Efficiency) of -0.14, which denotes the company had a -0.14% return per unit of risk over the last 3 months. EuropaCorp exposes twenty-four different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm EuropaCorp's Standard Deviation of 3.28, mean deviation of 2.23, and Variance of 10.77 to check the risk estimate we provide.
EuropaCorp Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
EuropaCorp |
Sharpe Ratio = -0.1369
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Estimated Market Risk
3.25 actual daily | 28 72% of assets are more volatile |
Expected Return
-0.44 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
-0.14 actual daily | 0 Most of other assets perform better |
Based on monthly moving average EuropaCorp 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 EuropaCorp by adding EuropaCorp to a well-diversified portfolio.
EuropaCorp Valuation on October 23, 2024
It is possible to determine the worth of EuropaCorp on a given historical date. On October 23, 2024 EuropaCorp was worth 0.39 at the beginning of the trading date compared to the closed value of 0.39. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of EuropaCorp stock. Still, in general, we apply an absolute valuation method to find EuropaCorp'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 EuropaCorp where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against EuropaCorp's related companies.
Open | High | Low | Close | Volume | |
0.39 | 0.39 | 0.39 | 0.39 | 26,127 | |
10/23/2024 | 0.39 | 0.39 | 0.39 | 0.39 | 1.00 |
0.38 | 0.38 | 0.38 | 0.38 | 1.00 |
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EuropaCorp Trading Date Momentum on October 23, 2024
On October 24 2024 EuropaCorp was traded for 0.38 at the closing time. The highest daily price throughout the period was 0.38 and the lowest price was 0.38 . There was no trading activity during the period 1.0. Lack of trading volume on 10/24/2024 added to the next day price reduction. The overall trading delta to closing price of the next trading day was 2.56% . The overall trading delta to current closing price is 7.69% . |
EuropaCorp Fundamentals Correlations and Trends
By evaluating EuropaCorp'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 EuropaCorp's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. EuropaCorp financial account trend analysis is a perfect complement when working with valuation or volatility modules.About EuropaCorp Stock history
EuropaCorp 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 EuropaCorp is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in EuropaCorp 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 EuropaCorp stock prices may prove useful in developing a viable investing in EuropaCorp
The company produces cinematographic works and TV dramas distributes films in theaters, as well as on-demand and video-format films and operates theaters. EuropaCorp was founded in 1999 and is based in Saint-Denis, France. EUROPACORP is traded on Frankfurt Stock Exchange in Germany.
EuropaCorp Stock Technical Analysis
EuropaCorp 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
EuropaCorp Period Price Range
Low | December 22, 2024
| High |
0.00 | 0.00 |
EuropaCorp 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.
EuropaCorp December 22, 2024 Market Strength
Market strength indicators help investors to evaluate how EuropaCorp stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading EuropaCorp shares will generate the highest return on investment. By undertsting and applying EuropaCorp stock market strength indicators, traders can identify EuropaCorp entry and exit signals to maximize returns
EuropaCorp Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for EuropaCorp's price direction in advance. Along with the technical and fundamental analysis of EuropaCorp Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of EuropaCorp 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 | (0.12) | |||
Jensen Alpha | (0.52) | |||
Total Risk Alpha | (0.61) | |||
Treynor Ratio | 2.2 |
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Volume Indicators |
Complementary Tools for EuropaCorp Stock analysis
When running EuropaCorp's price analysis, check to measure EuropaCorp'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 EuropaCorp is operating at the current time. Most of EuropaCorp's value examination focuses on studying past and present price action to predict the probability of EuropaCorp's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move EuropaCorp's price. Additionally, you may evaluate how the addition of EuropaCorp to your portfolios can decrease your overall portfolio volatility.
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