Eastnine (Sweden) Price on January 8, 2025
| EAST Stock | SEK 46.39 0.09 0.19% |
If you're considering investing in Eastnine Stock, it is important to understand the factors that can impact its price. As of today, the current price of Eastnine stands at 46.39, as last reported on the 10th of January, with the highest price reaching 48.77 and the lowest price hitting 45.81 during the day. Eastnine AB secures Sharpe Ratio (or Efficiency) of -0.0219, which denotes the company had a -0.0219% return per unit of risk over the last 3 months. Eastnine AB exposes thirty different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm Eastnine's Coefficient Of Variation of 12677.59, downside deviation of 1.37, and Mean Deviation of 1.24 to check the risk estimate we provide.
Eastnine Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
Eastnine |
Sharpe Ratio = -0.0219
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| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
| Negative Returns | EAST |
Estimated Market Risk
| 1.7 actual daily | 15 85% of assets are more volatile |
Expected Return
| -0.04 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| -0.02 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Eastnine 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 Eastnine by adding Eastnine to a well-diversified portfolio.
Eastnine Valuation on January 8, 2025
It is possible to determine the worth of Eastnine on a given historical date. On January 8, 2025 Eastnine was worth 46.95 at the beginning of the trading date compared to the closed value of 46.3. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Eastnine stock. Still, in general, we apply an absolute valuation method to find Eastnine'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 Eastnine where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Eastnine's related companies.
| Open | High | Low | Close | Volume | |
| 48.00 | 48.00 | 46.73 | 46.99 | 18,634 | |
01/08/2025 | 46.95 | 48.44 | 46.30 | 46.30 | 42,031 |
| 48.77 | 48.77 | 45.81 | 46.39 | 11,532 |
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Eastnine Trading Date Momentum on January 8, 2025
| On January 09 2025 Eastnine AB was traded for 46.39 at the closing time. The highest price during the trading period was 48.77 and the lowest recorded bid was listed for 45.81 . The volume for the day was 11.5 K. This history from January 9, 2025 contributed to the next trading day price appreciation. The overall trading delta to the next closing price was 0.19% . The overall trading delta to the current price is 5.33% . |
Eastnine AB Fundamentals Correlations and Trends
By evaluating Eastnine'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 Eastnine's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Eastnine financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Eastnine Stock history
Eastnine 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 Eastnine is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Eastnine AB 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 Eastnine stock prices may prove useful in developing a viable investing in Eastnine
Eastnine AB is a private equity firm specializing in direct investments in private and public companies. Eastnine AB was founded in November 2007 and is based in Stockholm, Sweden with additional office in Tallinn, Estonia. Eastnine operates under Asset Management classification in Sweden and is traded on Stockholm Stock Exchange. It employs 16 people.
Eastnine Stock Technical Analysis
Eastnine 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
Eastnine Period Price Range
Low | January 10, 2025
| High |
0.00 | 0.00 |
Eastnine AB cannot be verified against its exchange. Please verify the symbol is currently traded on Stockholm 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.
Eastnine January 10, 2025 Market Strength
Market strength indicators help investors to evaluate how Eastnine stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Eastnine shares will generate the highest return on investment. By undertsting and applying Eastnine stock market strength indicators, traders can identify Eastnine AB entry and exit signals to maximize returns
Eastnine Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Eastnine's price direction in advance. Along with the technical and fundamental analysis of Eastnine Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Eastnine 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 | 0.0116 | |||
| Jensen Alpha | 0.0067 | |||
| Total Risk Alpha | (0.03) | |||
| Sortino Ratio | (0.01) | |||
| Treynor Ratio | (0.02) |
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| Volume Indicators |
Additional Tools for Eastnine Stock Analysis
When running Eastnine's price analysis, check to measure Eastnine'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 Eastnine is operating at the current time. Most of Eastnine's value examination focuses on studying past and present price action to predict the probability of Eastnine's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Eastnine's price. Additionally, you may evaluate how the addition of Eastnine to your portfolios can decrease your overall portfolio volatility.