Euronet Worldwide Stock Price on January 5, 2024
| EEFT Stock | USD 114.07 0.01 0.01% |
If you're considering investing in Euronet Stock, it is important to understand the factors that can impact its price. As of today, the current price of Euronet Worldwide stands at 114.07, as last reported on the 14th of May 2024, with the highest price reaching 115.88 and the lowest price hitting 113.87 during the day. We consider Euronet Worldwide very steady. Euronet Worldwide secures Sharpe Ratio (or Efficiency) of 0.0535, which denotes the company had a 0.0535% return per unit of risk over the last 3 months. We have found twenty-nine technical indicators for Euronet Worldwide, which you can use to evaluate the volatility of the firm. Please confirm Euronet Worldwide's Coefficient Of Variation of 795.0, mean deviation of 1.19, and Downside Deviation of 1.53 to check if the risk estimate we provide is consistent with the expected return of 0.0733%.
Euronet Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
Euronet |
Sharpe Ratio = 0.0535
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Estimated Market Risk
| 1.37 actual daily | 12 88% of assets are more volatile |
Expected Return
| 0.07 actual daily | 1 99% of assets have higher returns |
Risk-Adjusted Return
| 0.05 actual daily | 4 96% of assets perform better |
Based on monthly moving average Euronet Worldwide 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 Euronet Worldwide by adding it to a well-diversified portfolio.
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Euronet Worldwide Valuation on January 5, 2024
It is possible to determine the worth of Euronet Worldwide on a given historical date. On January 5, 2024 Euronet was worth 96.71 at the beginning of the trading date compared to the closed value of 98.23. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Euronet Worldwide stock. Still, in general, we apply an absolute valuation method to find Euronet Worldwide'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 Euronet Worldwide where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Euronet Worldwide's related companies.
| Open | High | Low | Close | Volume | |
| 96.75 | 97.43 | 96.05 | 97.27 | 326,655 | |
01/05/2024 | 96.71 | 98.67 | 96.71 | 98.23 | 241,893 |
| 98.62 | 100.41 | 98.62 | 100.24 | 169,002 |
| Backtest Euronet Worldwide | | | Euronet Worldwide History | | | Euronet Worldwide Valuation | Previous | Next |
Euronet Worldwide Trading Date Momentum on January 5, 2024
| On January 08 2024 Euronet Worldwide was traded for 100.24 at the closing time. The top price for the day was 100.41 and the lowest listed price was 98.62 . The trading volume for the day was 169 K. The trading history from January 8, 2024 was a factor to the next trading day price appreciation. The overall trading delta against the next closing price was 2.05% . The overall trading delta against the current closing price is 0.29% . |
Euronet Worldwide Fundamentals Correlations and Trends
By evaluating Euronet Worldwide'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 Euronet Worldwide's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Euronet financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Euronet Worldwide Stock history
Euronet Worldwide 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 Euronet is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Euronet Worldwide 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 Euronet Worldwide stock prices may prove useful in developing a viable investing in Euronet Worldwide
Euronet Worldwide, Inc. provides payment and transaction processing and distribution solutions to financial institutions, agents, retailers, merchants, content providers, and individual consumers worldwide. Euronet Worldwide, Inc. was founded in 1994 and is headquartered in Leawood, Kansas. Euronet Worldwide operates under SoftwareInfrastructure classification in the United States and is traded on NASDAQ Exchange. It employs 8800 people.
Euronet Worldwide Stock Technical Analysis
Euronet Worldwide 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
Euronet Worldwide Period Price Range
Low | January 5, 2024
| High |
96.71 | 98.23 |
Euronet Worldwide May 14, 2024 Market Strength
Market strength indicators help investors to evaluate how Euronet Worldwide stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Euronet Worldwide shares will generate the highest return on investment. By undertsting and applying Euronet Worldwide stock market strength indicators, traders can identify Euronet Worldwide entry and exit signals to maximize returns
Euronet Worldwide Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Euronet Worldwide's price direction in advance. Along with the technical and fundamental analysis of Euronet Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Euronet 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 | 0.0837 | |||
| Jensen Alpha | 0.0813 | |||
| Total Risk Alpha | 0.0157 | |||
| Sortino Ratio | 0.0767 | |||
| Treynor Ratio | 0.1203 |
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Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Euronet Worldwide. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in census. For more information on how to buy Euronet Stock please use our How to Invest in Euronet Worldwide guide.Note that the Euronet Worldwide information on this page should be used as a complementary analysis to other Euronet Worldwide's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Latest Portfolios module to quick portfolio dashboard that showcases your latest portfolios.
Complementary Tools for Euronet Stock analysis
When running Euronet Worldwide's price analysis, check to measure Euronet Worldwide'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 Euronet Worldwide is operating at the current time. Most of Euronet Worldwide's value examination focuses on studying past and present price action to predict the probability of Euronet Worldwide's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Euronet Worldwide's price. Additionally, you may evaluate how the addition of Euronet Worldwide to your portfolios can decrease your overall portfolio volatility.
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Is Euronet Worldwide's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Euronet Worldwide. If investors know Euronet will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Euronet Worldwide listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
The market value of Euronet Worldwide is measured differently than its book value, which is the value of Euronet that is recorded on the company's balance sheet. Investors also form their own opinion of Euronet Worldwide's value that differs from its market value or its book value, called intrinsic value, which is Euronet Worldwide's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Euronet Worldwide's market value can be influenced by many factors that don't directly affect Euronet Worldwide's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Euronet Worldwide's value and its price as these two are different measures arrived at by different means. Investors typically determine if Euronet Worldwide is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Euronet Worldwide's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.