Ensurge Micropower (Norway) Price on September 20, 2024
ENSU Stock | 0.91 0.04 4.21% |
If you're considering investing in Ensurge Stock, it is important to understand the factors that can impact its price. As of today, the current price of Ensurge Micropower stands at 0.91, as last reported on the 12th of December 2024, with the highest price reaching 0.98 and the lowest price hitting 0.91 during the day. Ensurge Micropower ASA secures Sharpe Ratio (or Efficiency) of -0.0586, which denotes the company had a -0.0586% return per unit of risk over the last 3 months. Ensurge Micropower ASA exposes twenty-two different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm Ensurge Micropower's Mean Deviation of 4.07, variance of 32.97, and Standard Deviation of 5.74 to check the risk estimate we provide.
Ensurge Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
Ensurge |
Sharpe Ratio = -0.0586
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Estimated Market Risk
5.81 actual daily | 51 51% of assets are less volatile |
Expected Return
-0.34 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
-0.06 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Ensurge Micropower 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 Ensurge Micropower by adding Ensurge Micropower to a well-diversified portfolio.
Ensurge Micropower Valuation on September 20, 2024
It is possible to determine the worth of Ensurge Micropower on a given historical date. On September 20, 2024 Ensurge was worth 1.03 at the beginning of the trading date compared to the closed value of 1.02. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Ensurge Micropower stock. Still, in general, we apply an absolute valuation method to find Ensurge Micropower'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 Ensurge Micropower where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Ensurge Micropower's related companies.
Open | High | Low | Close | Volume | |
1.05 | 1.06 | 0.81 | 0.87 | 5,688,804 | |
09/20/2024 | 1.03 | 1.10 | 0.97 | 1.02 | 81,091,143 |
0.99 | 1.00 | 0.94 | 0.97 | 6,909,067 |
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Ensurge Micropower Trading Date Momentum on September 20, 2024
On September 23 2024 Ensurge Micropower ASA was traded for 0.97 at the closing time. The highest price during the trading period was 1.00 and the lowest recorded bid was listed for 0.94 . The volume for the day was 6.9 M. This history from September 23, 2024 contributed to the next trading day price decline. The overall trading delta to the next closing price was 4.90% . The overall trading delta to the current price is 7.84% . |
Ensurge Micropower ASA Fundamentals Correlations and Trends
By evaluating Ensurge Micropower'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 Ensurge Micropower's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Ensurge financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Ensurge Micropower Stock history
Ensurge Micropower 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 Ensurge is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Ensurge Micropower ASA 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 Ensurge Micropower stock prices may prove useful in developing a viable investing in Ensurge Micropower
Ensurge Micropower Stock Technical Analysis
Ensurge Micropower 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
Ensurge Micropower Period Price Range
Low | December 12, 2024
| High |
0.00 | 0.00 |
Ensurge Micropower ASA cannot be verified against its exchange. Please verify the symbol is currently traded on Oslo Stock 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.
Ensurge Micropower December 12, 2024 Market Strength
Market strength indicators help investors to evaluate how Ensurge Micropower stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Ensurge Micropower shares will generate the highest return on investment. By undertsting and applying Ensurge Micropower stock market strength indicators, traders can identify Ensurge Micropower ASA entry and exit signals to maximize returns
Ensurge Micropower Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Ensurge Micropower's price direction in advance. Along with the technical and fundamental analysis of Ensurge Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Ensurge 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 | (0.03) | |||
Jensen Alpha | (0.29) | |||
Total Risk Alpha | (1.20) | |||
Treynor Ratio | (30.82) |
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Other Information on Investing in Ensurge Stock
Ensurge Micropower financial ratios help investors to determine whether Ensurge Stock is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in Ensurge with respect to the benefits of owning Ensurge Micropower security.