Essentra Plc (Germany) Price on June 27, 2023
HOF Stock | EUR 1.53 0.08 4.97% |
If you're considering investing in Essentra Stock, it is important to understand the factors that can impact its price. As of today, the current price of Essentra Plc stands at 1.53, as last reported on the 23rd of December, with the highest price reaching 1.57 and the lowest price hitting 1.53 during the day. Essentra plc secures Sharpe Ratio (or Efficiency) of -0.12, which denotes the company had a -0.12% return per unit of risk over the last 3 months. Essentra plc exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm Essentra Plc's Mean Deviation of 1.29, standard deviation of 1.68, and Variance of 2.82 to check the risk estimate we provide.
Essentra Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
Essentra |
Sharpe Ratio = -0.116
Best Portfolio | Best Equity | |||
Good Returns | ||||
Average Returns | ||||
Small Returns | ||||
Cash | Small Risk | Average Risk | High Risk | Huge Risk |
Negative Returns | HOF |
Estimated Market Risk
1.66 actual daily | 14 86% of assets are more volatile |
Expected Return
-0.19 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
-0.12 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Essentra Plc 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 Essentra Plc by adding Essentra Plc to a well-diversified portfolio.
Essentra Plc Valuation on June 27, 2023
It is possible to determine the worth of Essentra Plc on a given historical date. On June 27, 2023 Essentra was worth 1.81 at the beginning of the trading date compared to the closed value of 1.81. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Essentra Plc stock. Still, in general, we apply an absolute valuation method to find Essentra Plc'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 Essentra Plc where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Essentra Plc's related companies.
Open | High | Low | Close | Volume | |
1.79 | 1.79 | 1.79 | 1.79 | 1.00 | |
06/27/2023 | 1.81 | 1.81 | 1.81 | 1.81 | 1.00 |
1.81 | 1.81 | 1.81 | 1.81 | 1.00 |
Backtest Essentra Plc | | | Essentra Plc History | | | Essentra Plc Valuation | Previous | Next |
Essentra Plc Trading Date Momentum on June 27, 2023
On June 28 2023 Essentra plc was traded for 1.81 at the closing time. The highest daily price throughout the period was 1.81 and the lowest price was 1.81 . There was no trading activity during the period 1.0. Lack of trading volume on 06/28/2023 did not affect price variability. The overall trading delta to current closing price is 4.42% . |
Essentra plc Fundamentals Correlations and Trends
By evaluating Essentra Plc'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 Essentra Plc's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Essentra financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Essentra Plc Stock history
Essentra Plc 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 Essentra is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Essentra plc 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 Essentra Plc stock prices may prove useful in developing a viable investing in Essentra Plc
Essentra plc manufactures and sells specialist plastic, fiber, foam, and packaging products worldwide. Essentra plc was founded in 2005 and is headquartered in Milton Keynes, the United Kingdom. Essentra plc operates under Rubber Plastics classification in Germany and is traded on Frankfurt Stock Exchange. It employs 9270 people.
Essentra Plc Stock Technical Analysis
Essentra Plc 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
Essentra Plc Period Price Range
Low | December 23, 2024
| High |
0.00 | 0.00 |
Essentra plc cannot be verified against its exchange. Please verify the symbol is currently traded on Frankfurt 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.
Essentra Plc December 23, 2024 Market Strength
Market strength indicators help investors to evaluate how Essentra Plc stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Essentra Plc shares will generate the highest return on investment. By undertsting and applying Essentra Plc stock market strength indicators, traders can identify Essentra plc entry and exit signals to maximize returns
Essentra Plc Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Essentra Plc's price direction in advance. Along with the technical and fundamental analysis of Essentra Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Essentra 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 | (0.06) | |||
Jensen Alpha | (0.16) | |||
Total Risk Alpha | (0.20) | |||
Treynor Ratio | (0.44) |
Cycle Indicators | ||
Math Operators | ||
Math Transform | ||
Momentum Indicators | ||
Overlap Studies | ||
Pattern Recognition | ||
Price Transform | ||
Statistic Functions | ||
Volatility Indicators | ||
Volume Indicators |
Complementary Tools for Essentra Stock analysis
When running Essentra Plc's price analysis, check to measure Essentra Plc'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 Essentra Plc is operating at the current time. Most of Essentra Plc's value examination focuses on studying past and present price action to predict the probability of Essentra Plc's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Essentra Plc's price. Additionally, you may evaluate how the addition of Essentra Plc to your portfolios can decrease your overall portfolio volatility.
Pattern Recognition Use different Pattern Recognition models to time the market across multiple global exchanges | |
Idea Analyzer Analyze all characteristics, volatility and risk-adjusted return of Macroaxis ideas | |
Global Correlations Find global opportunities by holding instruments from different markets | |
Fundamental Analysis View fundamental data based on most recent published financial statements | |
Instant Ratings Determine any equity ratings based on digital recommendations. Macroaxis instant equity ratings are based on combination of fundamental analysis and risk-adjusted market performance | |
Idea Breakdown Analyze constituents of all Macroaxis ideas. Macroaxis investment ideas are predefined, sector-focused investing themes | |
Options Analysis Analyze and evaluate options and option chains as a potential hedge for your portfolios | |
Stocks Directory Find actively traded stocks across global markets | |
Price Exposure Probability Analyze equity upside and downside potential for a given time horizon across multiple markets |