Economic Investment Trust Stock Price on March 28, 2024
| EVT Stock | CAD 162.80 5.47 3.25% |
If you're considering investing in Economic Stock, it is important to understand the factors that can impact its price. As of today, the current price of Economic Investment stands at 162.80, as last reported on the 11th of December 2024, with the highest price reaching 167.40 and the lowest price hitting 162.80 during the day. As of now, Economic Stock is very steady. Economic Investment Trust secures Sharpe Ratio (or Efficiency) of 0.0567, which denotes the company had a 0.0567% return per unit of risk over the last 3 months. We have found thirty technical indicators for Economic Investment Trust, which you can use to evaluate the volatility of the firm. Please confirm Economic Investment's Coefficient Of Variation of 1764.61, mean deviation of 0.4953, and Downside Deviation of 1.22 to check if the risk estimate we provide is consistent with the expected return of 0.0471%.
Economic Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
Economic |
Sharpe Ratio = 0.0567
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Estimated Market Risk
| 0.83 actual daily | 7 93% of assets are more volatile |
Expected Return
| 0.05 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| 0.06 actual daily | 4 96% of assets perform better |
Based on monthly moving average Economic Investment is performing at about 4% of its full potential. 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 Economic Investment by adding it to a well-diversified portfolio.
Economic Investment Main Headline on 28th of March 2024
Economic Investment Trust dividend paid on 28th of March 2024 |
Economic Investment Valuation on March 28, 2024
It is possible to determine the worth of Economic Investment on a given historical date. On March 28, 2024 Economic was worth 135.79 at the beginning of the trading date compared to the closed value of 134.38. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Economic Investment stock. Still, in general, we apply an absolute valuation method to find Economic Investment'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 Economic Investment where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Economic Investment's related companies.
| Open | High | Low | Close | Volume | |
| 135.39 | 135.43 | 135.39 | 135.43 | 300.00 | |
03/28/2024 | 135.79 | 135.79 | 134.15 | 134.38 | 1,800 |
| 134.38 | 134.38 | 134.38 | 134.38 | 100.00 |
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Economic Investment Trading Date Momentum on March 28, 2024
| On April 01 2024 Economic Investment Trust was traded for 134.38 at the closing time. The maximum traded price for the trading interval was 134.38 and the lowest daily price was 134.38 . The daily volume was recorded at 100.0. The volume of trading on 1st of April 2024 did not affect price variability. The overall trading delta to the closing price today is 3.23% . |
Economic Investment Trust Fundamentals Correlations and Trends
By evaluating Economic Investment'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 Economic Investment's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Economic financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Economic Investment Stock history
Economic Investment 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 Economic is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Economic Investment Trust 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 Economic Investment stock prices may prove useful in developing a viable investing in Economic Investment
Economic Investment Trust Limited is a closed-ended equity mutual fund launched and managed by Burgundy Asset Management Ltd. Economic Investment Trust Limited was formed in January 28, 1927 and is domiciled in Canada. ECONOMIC INVESTMENT is traded on Toronto Stock Exchange in Canada.
Economic Investment Stock Technical Analysis
Economic Investment 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
Economic Investment Period Price Range
Low | December 11, 2024
| High |
0.00 | 0.00 |
Economic Investment Trust 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.
Economic Investment December 11, 2024 Market Strength
Market strength indicators help investors to evaluate how Economic Investment stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Economic Investment shares will generate the highest return on investment. By undertsting and applying Economic Investment stock market strength indicators, traders can identify Economic Investment Trust entry and exit signals to maximize returns
Economic Investment Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Economic Investment's price direction in advance. Along with the technical and fundamental analysis of Economic Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Economic 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 | 0.0422 | |||
| Jensen Alpha | 0.0431 | |||
| Total Risk Alpha | (0.09) | |||
| Sortino Ratio | (0.06) | |||
| Treynor Ratio | (0.71) |
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Other Information on Investing in Economic Stock
Economic Investment financial ratios help investors to determine whether Economic 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 Economic with respect to the benefits of owning Economic Investment security.