Eramet SA (France) Price on October 22, 2024
ERA Stock | EUR 50.65 0.55 1.10% |
If you're considering investing in Eramet Stock, it is important to understand the factors that can impact its price. As of today, the current price of Eramet SA stands at 50.65, as last reported on the 1st of December, with the highest price reaching 51.60 and the lowest price hitting 50.25 during the day. Eramet SA secures Sharpe Ratio (or Efficiency) of -0.14, which denotes the company had a -0.14% return per unit of standard deviation over the last 3 months. Eramet SA exposes twenty-two different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm Eramet SA's Standard Deviation of 3.24, mean deviation of 2.29, and Coefficient Of Variation of (705.26) to check the risk estimate we provide.
Eramet Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
Eramet |
Sharpe Ratio = -0.1401
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Estimated Market Risk
3.24 actual daily | 28 72% of assets are more volatile |
Expected Return
-0.45 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
-0.14 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Eramet SA 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 Eramet SA by adding Eramet SA to a well-diversified portfolio.
Eramet SA Valuation on October 22, 2024
It is possible to determine the worth of Eramet SA on a given historical date. On October 22, 2024 Eramet was worth 52.95 at the beginning of the trading date compared to the closed value of 52.65. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Eramet SA stock. Still, in general, we apply an absolute valuation method to find Eramet SA'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 Eramet SA where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Eramet SA's related companies.
Open | High | Low | Close | Volume | |
53.00 | 54.25 | 52.25 | 52.25 | 82,782 | |
10/22/2024 | 52.95 | 53.30 | 52.25 | 52.65 | 46,973 |
52.35 | 52.85 | 50.10 | 50.15 | 126,952 |
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Eramet SA Trading Date Momentum on October 22, 2024
On October 23 2024 Eramet SA was traded for 50.15 at the closing time. The maximum traded price for the trading interval was 52.85 and the lowest daily price was 50.10 . The daily volume was recorded at 127 K. The volume of trading on 23rd of October 2024 played a part in the next trading day price drop. The overall trading delta to the next closing price was 4.75% . The overall trading delta to the closing price today is 3.13% . |
Eramet SA Fundamentals Correlations and Trends
By evaluating Eramet SA'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 Eramet SA's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Eramet financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Eramet SA Stock history
Eramet SA 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 Eramet is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Eramet SA 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 Eramet SA stock prices may prove useful in developing a viable investing in Eramet SA
ERAMET S.A. operates as a mining and metallurgical company worldwide. The company was incorporated in 1880 and is headquartered in Paris, France. ERAMET operates under Other Industrial Metals Mining classification in France and is traded on Paris Stock Exchange. It employs 13000 people.
Eramet SA Stock Technical Analysis
Eramet SA 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
Eramet SA Period Price Range
Low | December 1, 2024
| High |
0.00 | 0.00 |
Eramet SA cannot be verified against its exchange. Please verify the symbol is currently traded on Euronext Paris. 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.
Eramet SA December 1, 2024 Market Strength
Market strength indicators help investors to evaluate how Eramet SA stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Eramet SA shares will generate the highest return on investment. By undertsting and applying Eramet SA stock market strength indicators, traders can identify Eramet SA entry and exit signals to maximize returns
Eramet SA Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Eramet SA's price direction in advance. Along with the technical and fundamental analysis of Eramet Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Eramet 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 | (0.10) | |||
Jensen Alpha | (0.50) | |||
Total Risk Alpha | (1.01) | |||
Treynor Ratio | (2.18) |
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Complementary Tools for Eramet Stock analysis
When running Eramet SA's price analysis, check to measure Eramet SA'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 Eramet SA is operating at the current time. Most of Eramet SA's value examination focuses on studying past and present price action to predict the probability of Eramet SA's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Eramet SA's price. Additionally, you may evaluate how the addition of Eramet SA to your portfolios can decrease your overall portfolio volatility.
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