Ennogie Solar (Denmark) Price on October 3, 2024
| ESG Stock | 8.20 1.24 17.82% |
If you're considering investing in Ennogie Stock, it is important to understand the factors that can impact its price. As of today, the current price of Ennogie Solar stands at 8.20, as last reported on the 2nd of December, with the highest price reaching 8.20 and the lowest price hitting 7.34 during the day. Ennogie Solar Group secures Sharpe Ratio (or Efficiency) of -0.0968, which denotes the company had a -0.0968% return per unit of risk over the last 3 months. Ennogie Solar Group exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm Ennogie Solar's Mean Deviation of 2.38, variance of 13.67, and Standard Deviation of 3.7 to check the risk estimate we provide.
Ennogie Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
Ennogie |
Sharpe Ratio = -0.0968
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Estimated Market Risk
| 3.64 actual daily | 32 68% of assets are more volatile |
Expected Return
| -0.35 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| -0.1 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Ennogie Solar 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 Ennogie Solar by adding Ennogie Solar to a well-diversified portfolio.
Ennogie Solar Valuation on October 3, 2024
It is possible to determine the worth of Ennogie Solar on a given historical date. On October 3, 2024 Ennogie was worth 10.1 at the beginning of the trading date compared to the closed value of 10.3. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Ennogie Solar stock. Still, in general, we apply an absolute valuation method to find Ennogie Solar'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 Ennogie Solar where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Ennogie Solar's related companies.
| Open | High | Low | Close | Volume | |
| 10.45 | 10.70 | 10.45 | 10.45 | 3,514 | |
10/03/2024 | 10.10 | 10.30 | 10.10 | 10.30 | 4,365 |
| 10.20 | 10.20 | 9.80 | 9.90 | 15,078 |
| Backtest Ennogie Solar | | | Ennogie Solar History | | | Ennogie Solar Valuation | Previous | Next |
Ennogie Solar Trading Date Momentum on October 3, 2024
| On October 04 2024 Ennogie Solar Group was traded for 9.90 at the closing time. The maximum traded price for the trading interval was 10.20 and the lowest daily price was 9.80 . The daily volume was recorded at 15.1 K. The volume of trading on 4th of October 2024 played a part in the next trading day price drop. The overall trading delta to the next closing price was 3.88% . The overall trading delta to the closing price today is 12.23% . |
Ennogie Solar Group Fundamentals Correlations and Trends
By evaluating Ennogie Solar'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 Ennogie Solar's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Ennogie financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Ennogie Solar Stock history
Ennogie Solar 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 Ennogie is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Ennogie Solar Group 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 Ennogie Solar stock prices may prove useful in developing a viable investing in Ennogie Solar
Ennogie Solar Stock Technical Analysis
Ennogie Solar 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
Ennogie Solar Period Price Range
Low | December 2, 2024
| High |
0.00 | 0.00 |
Ennogie Solar Group cannot be verified against its exchange. Please verify the symbol is currently traded on Copenhagen 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.
Ennogie Solar December 2, 2024 Market Strength
Market strength indicators help investors to evaluate how Ennogie Solar stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Ennogie Solar shares will generate the highest return on investment. By undertsting and applying Ennogie Solar stock market strength indicators, traders can identify Ennogie Solar Group entry and exit signals to maximize returns
Ennogie Solar Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Ennogie Solar's price direction in advance. Along with the technical and fundamental analysis of Ennogie Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Ennogie 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 | (0.05) | |||
| Jensen Alpha | (0.31) | |||
| Total Risk Alpha | (0.91) | |||
| Treynor Ratio | (1.48) |
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Other Information on Investing in Ennogie Stock
Ennogie Solar financial ratios help investors to determine whether Ennogie 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 Ennogie with respect to the benefits of owning Ennogie Solar security.