Energy Recovery Stock Price on December 16, 2024

ERII Stock  USD 14.73  0.38  2.51%   
If you're considering investing in Energy Stock, it is important to understand the factors that can impact its price. As of today, the current price of Energy Recovery stands at 14.73, as last reported on the 24th of January, with the highest price reaching 15.22 and the lowest price hitting 14.70 during the day. Energy Recovery secures Sharpe Ratio (or Efficiency) of -0.0761, which denotes the company had a -0.0761 % return per unit of risk over the last 3 months. Energy Recovery exposes twenty-four different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm Energy Recovery's Variance of 12.32, mean deviation of 2.02, and Standard Deviation of 3.51 to check the risk estimate we provide.
  
Energy Stock price history is provided at the adjusted basis, taking into account all of the recent filings.

Sharpe Ratio = -0.0761

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Estimated Market Risk

 3.54
  actual daily
31
69% of assets are more volatile

Expected Return

 -0.27
  actual daily
0
Most of other assets have higher returns

Risk-Adjusted Return

 -0.08
  actual daily
0
Most of other assets perform better
Based on monthly moving average Energy Recovery 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 Energy Recovery by adding Energy Recovery to a well-diversified portfolio.

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Energy Recovery Valuation on December 16, 2024

It is possible to determine the worth of Energy Recovery on a given historical date. On December 16, 2024 Energy was worth 16.09 at the beginning of the trading date compared to the closed value of 16.19. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Energy Recovery stock. Still, in general, we apply an absolute valuation method to find Energy Recovery'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 Energy Recovery where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Energy Recovery's related companies.
 Open High Low Close Volume
  16.41    16.41    15.93    16.11    208,229  
12/16/2024
  16.09    16.43    16.09    16.19    241,814  
  16.16    16.39    15.88    16.09    317,196  
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Open Value
16.09
16.19
Closing Value
26.70
Upside

Energy Recovery Trading Date Momentum on December 16, 2024

On December 17 2024 Energy Recovery was traded for  16.09  at the closing time. The top price for the day was 16.39  and the lowest listed price was  15.88 . The trading volume for the day was 317.2 K. The trading history from December 17, 2024 was a factor to the next trading day price decrease. The overall trading delta against the next closing price was 0.62% . The overall trading delta against the current closing price is 9.26% .

Energy Recovery Fundamentals Correlations and Trends

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

About Energy Recovery Stock history

Energy Recovery 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 Energy is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Energy Recovery 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 Energy Recovery stock prices may prove useful in developing a viable investing in Energy Recovery
Energy Recovery, Inc., together with its subsidiaries, designs, manufactures, and sells various solutions for the seawater reverse osmosis desalination and industrial wastewater treatment industries worldwide. The company was incorporated in 1992 and is headquartered in San Leandro, California. Energy Recovery operates under Pollution Treatment Controls classification in the United States and is traded on NASDAQ Exchange. It employs 222 people.

Energy Recovery Stock Technical Analysis

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

Energy Recovery Period Price Range

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Energy Recovery cannot be verified against its exchange. Please verify the symbol is currently traded on NASDAQ 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.

Energy Recovery January 24, 2025 Market Strength

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

Energy Recovery Technical and Predictive Indicators

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

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