E3 LITHIUM (Germany) Price on December 13, 2024
| OW3 Stock | 0.64 0.03 4.48% |
If you're considering investing in OW3 Stock, it is important to understand the factors that can impact its price. As of today, the current price of E3 LITHIUM stands at 0.64, as last reported on the 16th of December 2024, with the highest price reaching 0.64 and the lowest price hitting 0.64 during the day. E3 LITHIUM LTD retains Efficiency (Sharpe Ratio) of -0.0512, which denotes the company had a -0.0512% return per unit of price deviation over the last 3 months. E3 LITHIUM exposes twenty-one different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm E3 LITHIUM's Information Ratio of (0.1), market risk adjusted performance of (0.22), and Standard Deviation of 3.83 to check the risk estimate we provide.
OW3 Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
OW3 |
Sharpe Ratio = -0.0512
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| Negative Returns | OW3 |
Estimated Market Risk
| 3.81 actual daily | 33 67% of assets are more volatile |
Expected Return
| -0.19 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| -0.05 actual daily | 0 Most of other assets perform better |
Based on monthly moving average E3 LITHIUM 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 E3 LITHIUM by adding E3 LITHIUM to a well-diversified portfolio.
E3 LITHIUM Valuation on December 13, 2024
It is possible to determine the worth of E3 LITHIUM on a given historical date. On December 13, 2024 OW3 was worth 0.63 at the beginning of the trading date compared to the closed value of 0.67. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of E3 LITHIUM stock. Still, in general, we apply an absolute valuation method to find E3 LITHIUM'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 E3 LITHIUM where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against E3 LITHIUM's related companies.
| Open | High | Low | Close | Volume | |
| 0.63 | 0.63 | 0.63 | 0.63 | 3,015 | |
12/13/2024 | 0.63 | 0.67 | 0.63 | 0.67 | 13,500 |
| 0.64 | 0.64 | 0.64 | 0.64 | 13,500 |
| Backtest E3 LITHIUM | | | E3 LITHIUM History | Previous | Next |
E3 LITHIUM Trading Date Momentum on December 13, 2024
| On December 16 2024 E3 LITHIUM LTD was traded for 0.64 at the closing time. The highest daily price throughout the period was 0.64 and the lowest price was 0.64 . The daily volume was 13.5 K. The net trading volume on 12/16/2024 added to the next day price reduction. The trading delta at closing time to closing price of the next trading day was 4.48% . The overall trading delta to current closing price is 4.48% . |
Price Boundaries
E3 LITHIUM Period Price Range
Low | December 16, 2024
| High |
0.00 | 0.00 |
E3 LITHIUM LTD 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.
E3 LITHIUM December 16, 2024 Market Strength
Market strength indicators help investors to evaluate how E3 LITHIUM stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading E3 LITHIUM shares will generate the highest return on investment. By undertsting and applying E3 LITHIUM stock market strength indicators, traders can identify E3 LITHIUM LTD entry and exit signals to maximize returns
E3 LITHIUM Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for E3 LITHIUM's price direction in advance. Along with the technical and fundamental analysis of OW3 Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of OW3 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 | (0.04) | |||
| Jensen Alpha | (0.39) | |||
| Total Risk Alpha | (0.76) | |||
| Treynor Ratio | (0.23) |
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Complementary Tools for OW3 Stock analysis
When running E3 LITHIUM's price analysis, check to measure E3 LITHIUM'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 E3 LITHIUM is operating at the current time. Most of E3 LITHIUM's value examination focuses on studying past and present price action to predict the probability of E3 LITHIUM's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move E3 LITHIUM's price. Additionally, you may evaluate how the addition of E3 LITHIUM to your portfolios can decrease your overall portfolio volatility.
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