Contact Energy (Germany) Price on October 31, 2024
| BZB Stock | EUR 4.52 0.04 0.88% |
If you're considering investing in Contact Stock, it is important to understand the factors that can impact its price. As of today, the current price of Contact Energy stands at 4.52, as last reported on the 14th of December 2024, with the highest price reaching 4.52 and the lowest price hitting 4.52 during the day. At this point, Contact Energy is somewhat reliable. Contact Energy secures Sharpe Ratio (or Efficiency) of 0.044, which signifies that the company had a 0.044% return per unit of risk over the last 3 months. We have found twenty-seven technical indicators for Contact Energy Limited, which you can use to evaluate the volatility of the firm. Please confirm Contact Energy's Mean Deviation of 1.18, risk adjusted performance of 0.029, and Downside Deviation of 2.12 to double-check if the risk estimate we provide is consistent with the expected return of 0.0784%.
Contact Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
Contact |
Sharpe Ratio = 0.044
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Estimated Market Risk
| 1.78 actual daily | 15 85% of assets are more volatile |
Expected Return
| 0.08 actual daily | 1 99% of assets have higher returns |
Risk-Adjusted Return
| 0.04 actual daily | 3 97% of assets perform better |
Based on monthly moving average Contact Energy is performing at about 3% 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 Contact Energy by adding it to a well-diversified portfolio.
Contact Energy Valuation on October 31, 2024
It is possible to determine the worth of Contact Energy on a given historical date. On October 31, 2024 Contact was worth 4.5 at the beginning of the trading date compared to the closed value of 4.48. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Contact Energy stock. Still, in general, we apply an absolute valuation method to find Contact 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 Contact Energy where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Contact Energy's related companies.
| Open | High | Low | Close | Volume | |
| 4.56 | 4.58 | 4.56 | 4.56 | 10,000 | |
10/31/2024 | 4.50 | 4.50 | 4.48 | 4.48 | 10,000 |
| 4.40 | 4.42 | 4.40 | 4.42 | 10,000 |
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Contact Energy Trading Date Momentum on October 31, 2024
| On November 01 2024 Contact Energy Limited was traded for 4.42 at the closing time. The highest daily price throughout the period was 4.42 and the lowest price was 4.40 . The daily volume was 10 K. The net trading volume on 11/01/2024 added to the next day price reduction. The overall trading delta to closing price of the next trading day was 1.34% . The overall trading delta to current closing price is 0.89% . |
Contact Energy Fundamentals Correlations and Trends
By evaluating Contact 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 Contact Energy's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Contact financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Contact Energy Stock history
Contact 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 Contact is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Contact 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 Contact Energy stock prices may prove useful in developing a viable investing in Contact Energy
Contact Energy Limited generates and sells electricity and natural gas in New Zealand. Contact Energy Limited was founded in 1995 and is headquartered in Wellington, New Zealand. CONTACT ENERGY operates under UtilitiesIndependent Power Producers classification in Germany and is traded on Frankfurt Stock Exchange. It employs 821 people.
Contact Energy Stock Technical Analysis
Contact 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.
Price Boundaries
Contact Energy Period Price Range
Low | December 14, 2024
| High |
0.00 | 0.00 |
Contact Energy Limited 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.
Contact Energy December 14, 2024 Market Strength
Market strength indicators help investors to evaluate how Contact 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 Contact Energy shares will generate the highest return on investment. By undertsting and applying Contact Energy stock market strength indicators, traders can identify Contact Energy Limited entry and exit signals to maximize returns
Contact Energy Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Contact Energy's price direction in advance. Along with the technical and fundamental analysis of Contact Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Contact 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 | 0.029 | |||
| Jensen Alpha | 0.0291 | |||
| Total Risk Alpha | (0.17) | |||
| Sortino Ratio | (0.02) | |||
| Treynor Ratio | 0.2407 |
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Complementary Tools for Contact Stock analysis
When running Contact Energy's price analysis, check to measure Contact 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 Contact Energy is operating at the current time. Most of Contact Energy's value examination focuses on studying past and present price action to predict the probability of Contact 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 Contact Energy's price. Additionally, you may evaluate how the addition of Contact Energy to your portfolios can decrease your overall portfolio volatility.
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