ENCE Energa (Spain) Price on March 1, 2024

ENC Stock  EUR 2.70  0.06  2.17%   
If you're considering investing in ENCE Stock, it is important to understand the factors that can impact its price. As of today, the current price of ENCE Energa stands at 2.70, as last reported on the 2nd of December, with the highest price reaching 2.76 and the lowest price hitting 2.70 during the day. ENCE Energa y retains Efficiency (Sharpe Ratio) of -0.0682, which denotes the company had a -0.0682% return per unit of risk over the last 3 months. ENCE Energa exposes twenty-two different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm ENCE Energa's Market Risk Adjusted Performance of 0.4092, variance of 2.36, and Standard Deviation of 1.54 to check the risk estimate we provide.
  
ENCE Stock price history is provided at the adjusted basis, taking into account all of the recent filings.

Sharpe Ratio = -0.0682

Best PortfolioBest Equity
Good Returns
Average Returns
Small Returns
CashSmall RiskAverage RiskHigh RiskHuge Risk
Negative ReturnsENC

Estimated Market Risk

 1.33
  actual daily
11
89% of assets are more volatile

Expected Return

 -0.09
  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 ENCE Energa 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 ENCE Energa by adding ENCE Energa to a well-diversified portfolio.

ENCE Energa Valuation on March 1, 2024

It is possible to determine the worth of ENCE Energa on a given historical date. On March 1, 2024 ENCE was worth 2.7 at the beginning of the trading date compared to the closed value of 2.76. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of ENCE Energa stock. Still, in general, we apply an absolute valuation method to find ENCE Energa'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 ENCE Energa where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against ENCE Energa's related companies.
 Open High Low Close Volume
  2.85    2.93    2.63    2.75    2,441,954  
03/01/2024
  2.70    2.82    2.70    2.76    648,969  
  2.78    2.79    2.70    2.74    994,904  
Backtest ENCE Energa  |  ENCE Energa History  |  ENCE Energa Valuation   PreviousNext  
Open Value
2.7
2.76
Closing Value
6.68
Upside

ENCE Energa Trading Date Momentum on March 1, 2024

On March 04 2024 ENCE Energa y was traded for  2.74  at the closing time. The maximum traded price for the trading interval was 2.79  and the lowest daily price was  2.70 . The daily volume was recorded at 994.9 K. The volume of trading on 4th of March 2024 played a part in the next trading day price drop. The overall trading delta to the next closing price was 0.72% . The overall trading delta to the closing price today is 1.45% .

ENCE Energa y Fundamentals Correlations and Trends

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

About ENCE Energa Stock history

ENCE Energa 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 ENCE is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in ENCE Energa y 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 ENCE Energa stock prices may prove useful in developing a viable investing in ENCE Energa
ENCE Energa y Celulosa, S.A., together with its subsidiaries, produces and sells eucalyptus pulp and renewable energy in Germany, Iberia, Poland, Italy, France, other Western and Eastern Europe, and internationally. ENCE Energa y Celulosa, S.A. was founded in 1957 and is headquartered in Madrid, Spain. ENCE ENERGIA operates under Paper Paper Products classification in Spain and is traded on Madrid SE C.A.T.S.. It employs 1150 people.

ENCE Energa Stock Technical Analysis

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

ENCE Energa Period Price Range

Low
December 2, 2024
0.00  NaN%
High

 0.00 

     

 0.00 

ENCE Energa y cannot be verified against its exchange. Please verify the symbol is currently traded on Madrid 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.

ENCE Energa December 2, 2024 Market Strength

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

ENCE Energa Technical and Predictive Indicators

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

When running ENCE Energa's price analysis, check to measure ENCE Energa'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 ENCE Energa is operating at the current time. Most of ENCE Energa's value examination focuses on studying past and present price action to predict the probability of ENCE Energa's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move ENCE Energa's price. Additionally, you may evaluate how the addition of ENCE Energa to your portfolios can decrease your overall portfolio volatility.
ETF Categories
List of ETF categories grouped based on various criteria, such as the investment strategy or type of investments
Equity Analysis
Research over 250,000 global equities including funds, stocks and ETFs to find investment opportunities
Content Syndication
Quickly integrate customizable finance content to your own investment portal