Enel SpA (Germany) Price on November 24, 2023

ENLA Stock  EUR 6.75  0.05  0.75%   
If you're considering investing in Enel Stock, it is important to understand the factors that can impact its price. As of today, the current price of Enel SpA stands at 6.75, as last reported on the 26th of December, with the highest price reaching 7.30 and the lowest price hitting 6.70 during the day. Enel SpA secures Sharpe Ratio (or Efficiency) of -0.0063, which denotes the company had a -0.0063% return per unit of risk over the last 3 months. Enel SpA exposes twenty-nine different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm Enel SpA's Downside Deviation of 2.0, coefficient of variation of 12742.38, and Mean Deviation of 0.9975 to check the risk estimate we provide.
  
Enel Stock price history is provided at the adjusted basis, taking into account all of the recent filings.

Sharpe Ratio = -0.0063

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

Estimated Market Risk

 1.63
  actual daily
14
86% of assets are more volatile

Expected Return

 -0.01
  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 Enel SpA 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 Enel SpA by adding Enel SpA to a well-diversified portfolio.

Enel SpA Valuation on November 24, 2023

It is possible to determine the worth of Enel SpA on a given historical date. On November 24, 2023 Enel was worth 5.8 at the beginning of the trading date compared to the closed value of 5.8. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Enel SpA stock. Still, in general, we apply an absolute valuation method to find Enel SpA'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 Enel SpA where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Enel SpA's related companies.
 Open High Low Close Volume
  5.85    5.85    5.85    5.85    1.00  
11/24/2023
  5.80    5.80    5.80    5.80    1.00  
  5.89    5.89    5.85    5.85    1.00  
Backtest Enel SpA  |  Enel SpA History  |  Enel SpA Valuation   PreviousNext  
Open Value
5.8
5.8
Closing Value
10.69
Upside

Enel SpA Trading Date Momentum on November 24, 2023

On November 27 2023 Enel SpA was traded for  5.85  at the closing time. The maximum traded price for the trading interval was 5.89  and the lowest daily price was  5.85 . There was no trading activity during the period 1.0. Lack of trading volume on 27th of November 2023 played a part in the next trading day price rise. The overall trading delta to the next closing price was 0.86% . The overall trading delta to the closing price today is 2.41% .

Enel SpA Fundamentals Correlations and Trends

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

About Enel SpA Stock history

Enel SpA 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 Enel is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Enel SpA 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 Enel SpA stock prices may prove useful in developing a viable investing in Enel SpA
Enel SpA, together with its subsidiaries, operates as an integrated electricity and gas company in South America, Europe, North and Central America, Africa, and Asia. The company was founded in 1962 and is headquartered in Rome, Italy. Enel SpA operates under Utilities - Diversified classification in Germany and is traded on Frankfurt Stock Exchange. It employs 69909 people.

Enel SpA Stock Technical Analysis

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

Enel SpA Period Price Range

Low
December 26, 2024
0.00  NaN%
High

 0.00 

     

 0.00 

Enel SpA 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.

Enel SpA December 26, 2024 Market Strength

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

Enel SpA Technical and Predictive Indicators

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

When running Enel SpA's price analysis, check to measure Enel SpA'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 Enel SpA is operating at the current time. Most of Enel SpA's value examination focuses on studying past and present price action to predict the probability of Enel SpA's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Enel SpA's price. Additionally, you may evaluate how the addition of Enel SpA to your portfolios can decrease your overall portfolio volatility.
Portfolio Volatility
Check portfolio volatility and analyze historical return density to properly model market risk
Portfolio Analyzer
Portfolio analysis module that provides access to portfolio diagnostics and optimization engine
Portfolio Anywhere
Track or share privately all of your investments from the convenience of any device
Alpha Finder
Use alpha and beta coefficients to find investment opportunities after accounting for the risk
CEOs Directory
Screen CEOs from public companies around the world
Economic Indicators
Top statistical indicators that provide insights into how an economy is performing
Commodity Channel
Use Commodity Channel Index to analyze current equity momentum
Stocks Directory
Find actively traded stocks across global markets
Fundamental Analysis
View fundamental data based on most recent published financial statements