European Residential Real Stock Price on May 30, 2024

ERE-UN Stock  CAD 2.45  0.14  6.06%   
If you're considering investing in European Stock, it is important to understand the factors that can impact its price. As of today, the current price of European Residential stands at 2.45, as last reported on the 4th of January, with the highest price reaching 2.56 and the lowest price hitting 2.34 during the day. European Residential Real secures Sharpe Ratio (or Efficiency) of -0.038, which denotes the company had a -0.038% return per unit of risk over the last 3 months. European Residential Real exposes twenty-four different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm European Residential's Variance of 32.67, mean deviation of 2.03, and Standard Deviation of 5.72 to check the risk estimate we provide.
  
European Stock price history is provided at the adjusted basis, taking into account all of the recent filings.

Sharpe Ratio = -0.038

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Estimated Market Risk

 5.67
  actual daily
50
50% of assets are less volatile

Expected Return

 -0.22
  actual daily
0
Most of other assets have higher returns

Risk-Adjusted Return

 -0.04
  actual daily
0
Most of other assets perform better
Based on monthly moving average European Residential 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 European Residential by adding European Residential to a well-diversified portfolio.

European Residential Valuation on May 30, 2024

It is possible to determine the worth of European Residential on a given historical date. On May 30, 2024 European was worth 2.21 at the beginning of the trading date compared to the closed value of 2.21. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of European Residential stock. Still, in general, we apply an absolute valuation method to find European Residential'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 European Residential where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against European Residential's related companies.
 Open High Low Close Volume
  2.21    2.21    2.20    2.20    79,000  
05/30/2024
  2.21    2.23    2.20    2.21    129,500  
  2.24    2.24    2.22    2.24    32,900  
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Open Value
2.21
2.21
Closing Value
19.21
Upside

European Residential Trading Date Momentum on May 30, 2024

On May 31 2024 European Residential Real was traded for  2.24  at the closing time. The highest price during the trading period was 2.24  and the lowest recorded bid was listed for  2.22 . The volume for the day was 32.9 K. This history from May 31, 2024 contributed to the next trading day price jump. The overall trading delta to the next closing price was 1.36% . The overall trading delta to the current price is 1.36% .

European Residential Real Fundamentals Correlations and Trends

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

About European Residential Stock history

European Residential 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 European is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in European Residential Real 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 European Residential stock prices may prove useful in developing a viable investing in European Residential
ERES is an unincorporated, open-ended real estate investment trust. ERESs registered and principal business office is located at 11 Church Street, Suite 401, Toronto, Ontario M5E 1W1. EUROPEAN RESIDENTIAL operates under REITResidential classification in Canada and is traded on Toronto Stock Exchange.

European Residential Stock Technical Analysis

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

European Residential Period Price Range

Low
January 4, 2025
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High

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European Residential Real cannot be verified against its exchange. Please verify the symbol is currently traded on Toronto 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.

European Residential January 4, 2025 Market Strength

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

European Residential Technical and Predictive Indicators

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

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