Entertainment Network (India) Price on June 26, 2024

ENIL Stock   189.37  1.65  0.86%   
Below is the normalized historical share price chart for Entertainment Network Limited extending back to February 16, 2006. This chart has been adjusted for all splits and dividends and is plotted against all major global economic recessions. As of today, the current price of Entertainment Network stands at 189.37, as last reported on the 11th of December 2024, with the highest price reaching 193.78 and the lowest price hitting 188.35 during the day.
IPO Date
15th of February 2006
200 Day MA
240.7124
50 Day MA
201.4702
Beta
0.73
 
Housing Crash
 
Credit Downgrade
 
Yuan Drop
 
Covid
If you're considering investing in Entertainment Stock, it is important to understand the factors that can impact its price. Currently, Entertainment Network Limited is very steady. Entertainment Network secures Sharpe Ratio (or Efficiency) of 0.0075, which denotes the company had a 0.0075% return per unit of risk over the last 3 months. We have found twenty-three technical indicators for Entertainment Network Limited, which you can use to evaluate the volatility of the firm. Please confirm Entertainment Network's Standard Deviation of 2.88, mean deviation of 2.04, and Variance of 8.32 to check if the risk estimate we provide is consistent with the expected return of 0.0221%.
  
At this time, Entertainment Network's Common Stock is comparatively stable compared to the past year. Other Stockholder Equity is likely to gain to about 2.1 B in 2024, whereas Total Stockholder Equity is likely to drop slightly above 5.5 B in 2024. . Entertainment Stock price history is provided at the adjusted basis, taking into account all of the recent filings.

Sharpe Ratio = 0.0075

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Estimated Market Risk

 2.93
  actual daily
26
74% of assets are more volatile

Expected Return

 0.02
  actual daily
0
Most of other assets have higher returns

Risk-Adjusted Return

 0.01
  actual daily
0
Most of other assets perform better
Based on monthly moving average Entertainment Network 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 Entertainment Network by adding Entertainment Network to a well-diversified portfolio.
Price Book
1.2085
Enterprise Value Ebitda
5.3718
Price Sales
1.5759
Shares Float
12.4 M
Wall Street Target Price
310

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Entertainment Network Valuation on June 26, 2024

It is possible to determine the worth of Entertainment Network on a given historical date. On June 26, 2024 Entertainment was worth 242.68 at the beginning of the trading date compared to the closed value of 243.65. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Entertainment Network stock. Still, in general, we apply an absolute valuation method to find Entertainment Network'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 Entertainment Network where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Entertainment Network's related companies.
 Open High Low Close Volume
  251.61    251.66    240.18    241.15    156,781  
06/26/2024
  242.68    250.05    240.05    243.65    115,698  
  243.57    243.57    234.31    236.31    75,033  
Backtest Entertainment Network  |  Entertainment Network History  |  Entertainment Network Valuation   PreviousNext  
Open Value
242.68
233.89
Downside
243.65
Closing Value
251.47
Upside

Entertainment Network Trading Date Momentum on June 26, 2024

On June 27 2024 Entertainment Network Limited was traded for  236.31  at the closing time. The highest price during the trading period was 243.57  and the lowest recorded bid was listed for  234.31 . The volume for the day was 75 K. This history from June 27, 2024 contributed to the next trading day price decline. The overall trading delta to the next closing price was 3.01% . The overall trading delta to the current price is 4.31% .

Entertainment Network Fundamentals Correlations and Trends

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

About Entertainment Network Stock history

Entertainment Network 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 Entertainment is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Entertainment Network 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 Entertainment Network stock prices may prove useful in developing a viable investing in Entertainment Network
Last ReportedProjected for Next Year
Common Stock Shares Outstanding42.9 M38.8 M
Net Loss-96.8 M-92 M

Entertainment Network Quarterly Net Working Capital

3.18 Billion

Entertainment Network Stock Technical Analysis

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

Entertainment Network Period Price Range

Low
December 11, 2024
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High

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Entertainment Network Limited cannot be verified against its exchange. Please verify the symbol is currently traded on National Stock Exchange of India. 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.

Entertainment Network December 11, 2024 Market Strength

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

Entertainment Network Technical and Predictive Indicators

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

Additional Tools for Entertainment Stock Analysis

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