ECIT AS (Norway) Today
ECIT AS is selling for 9.88 as of the 11th of December 2024. This is a No Change since the beginning of the trading day. The stock's lowest day price was 9.88. The performance scores are derived for the period starting the 11th of November 2024 and ending today, the 11th of December 2024. Click here to learn more.
Valuation
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ECIT AS Risk Profiles
Although ECIT AS's alpha and beta are two of the key measurements used to evaluate ECIT AS's performance over the market, the standard measures of volatility play an important role as well.
| Mean Deviation | 0.513 | |||
| Semi Deviation | 0.8191 | |||
| Standard Deviation | 1.1 | |||
| Variance | 1.22 |
ECIT Stock Against Markets
ECIT AS Related Equities
One of the popular trading techniques among algorithmic traders is to use market-neutral strategies where every trade hedges away some risk. Because there are two separate transactions required, even if one position performs unexpectedly, the other equity can make up some of the losses. Below are some of the equities that can be combined with ECIT AS stock to make a market-neutral strategy. Peer analysis of ECIT AS could also be used in its relative valuation, which is a method of valuing ECIT AS by comparing valuation metrics with similar companies.
| Risk & Return | Correlation |
ECIT AS Corporate Management
Elected by the shareholders, the ECIT AS's board of directors comprises two types of representatives: ECIT AS inside directors who are chosen from within the company, and outside directors, selected externally and held independent of ECIT. The board's role is to monitor ECIT AS's management team and ensure that shareholders' interests are well served. ECIT AS's inside directors are responsible for reviewing and approving budgets prepared by upper management to implement core corporate initiatives and projects. On the other hand, ECIT AS's outside directors are responsible for providing unbiased perspectives on the board's policies.
| Linda Forberg | Partner Norway | Profile | |
| Klaus Jensen | VP Director | Profile | |
| Eivind Norebo | Partner Div | Profile | |
| Mikkel Walde | MD Mgmt | Profile | |
| Lise Molund | Group Legal | Profile | |
| Camilla Hagberg | Group Mgmt | Profile | |
| Peter Lauring | Founder CEO | Profile |
Other Information on Investing in ECIT Stock
ECIT AS financial ratios help investors to determine whether ECIT 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 ECIT with respect to the benefits of owning ECIT AS security.