ENCE Energa (Spain) Price on February 19, 2024
| ENC Stock | EUR 3.41 0.03 0.89% |
If you're considering investing in ENCE Stock, it is important to understand the factors that can impact its price. As of today, the current price of ENCE Energa stands at 3.41, as last reported on the 9th of May, with the highest price reaching 3.41 and the lowest price hitting 3.36 during the day. ENCE Energa appears to be slightly risky, given 3 months investment horizon. ENCE Energa y retains Efficiency (Sharpe Ratio) of 0.17, which denotes the company had a 0.17% return per unit of risk over the last 3 months. We have found twenty-eight technical indicators for ENCE Energa, which you can use to evaluate the volatility of the firm. Please utilize ENCE Energa's Downside Deviation of 1.39, coefficient of variation of 723.91, and Market Risk Adjusted Performance of 0.7801 to check if our risk estimates are consistent with your expectations.
ENCE Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
ENCE |
Sharpe Ratio = 0.1728
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Estimated Market Risk
| 1.76 actual daily | 15 85% of assets are more volatile |
Expected Return
| 0.3 actual daily | 5 95% of assets have higher returns |
Risk-Adjusted Return
| 0.17 actual daily | 13 87% of assets perform better |
Based on monthly moving average ENCE Energa is performing at about 13% 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 ENCE Energa by adding it to a well-diversified portfolio.
ENCE Energa Valuation on February 19, 2024
It is possible to determine the worth of ENCE Energa on a given historical date. On February 19, 2024 ENCE was worth 2.83 at the beginning of the trading date compared to the closed value of 2.82. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of ENCE Energa stock. Still, in general, we apply an absolute valuation method to find ENCE Energa'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 ENCE Energa where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against ENCE Energa's related companies.
| Open | High | Low | Close | Volume | |
| 2.82 | 2.83 | 2.80 | 2.83 | 282,313 | |
02/19/2024 | 2.83 | 2.85 | 2.81 | 2.82 | 186,026 |
| 2.82 | 2.83 | 2.80 | 2.82 | 247,970 |
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ENCE Energa Trading Date Momentum on February 19, 2024
| On February 20 2024 ENCE Energa y was traded for 2.82 at the closing time. The maximum traded price for the trading interval was 2.83 and the lowest daily price was 2.80 . The daily volume was recorded at 248 K. The volume of trading on 20th of February 2024 did not affect price variability. The overall trading delta to the closing price today is 4.96% . |
ENCE Energa y Fundamentals Correlations and Trends
By evaluating ENCE Energa'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 ENCE Energa's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. ENCE financial account trend analysis is a perfect complement when working with valuation or volatility modules.About ENCE Energa Stock history
ENCE Energa 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 ENCE is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in ENCE Energa y 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 ENCE Energa stock prices may prove useful in developing a viable investing in ENCE Energa
ENCE Energa y Celulosa, S.A., together with its subsidiaries, produces and sells eucalyptus pulp and renewable energy in Germany, Iberia, Poland, Italy, France, other Western and Eastern Europe, and internationally. ENCE Energa y Celulosa, S.A. was founded in 1957 and is headquartered in Madrid, Spain. ENCE ENERGIA operates under Paper Paper Products classification in Spain and is traded on Madrid SE C.A.T.S.. It employs 1150 people.
ENCE Energa Stock Technical Analysis
ENCE Energa 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
ENCE Energa Period Price Range
Low | February 19, 2024
| High |
2.83 | 2.82 |
ENCE Energa May 9, 2024 Market Strength
Market strength indicators help investors to evaluate how ENCE Energa stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading ENCE Energa shares will generate the highest return on investment. By undertsting and applying ENCE Energa stock market strength indicators, traders can identify ENCE Energa y entry and exit signals to maximize returns
| Accumulation Distribution | 2610.89 | |||
| Daily Balance Of Power | (0.25) | |||
| Rate Of Daily Change | 1.0 | |||
| Day Median Price | 2.83 | |||
| Day Typical Price | 2.83 | |||
| Price Action Indicator | (0.01) | |||
| Period Momentum Indicator | 0.59 |
ENCE Energa Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for ENCE Energa's price direction in advance. Along with the technical and fundamental analysis of ENCE Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of ENCE 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 | 0.092 | |||
| Jensen Alpha | 0.2086 | |||
| Total Risk Alpha | 0.012 | |||
| Sortino Ratio | 0.1108 | |||
| Treynor Ratio | 0.7701 |
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| Price Transform | ||
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| Volatility Indicators | ||
| Volume Indicators |
Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in ENCE Energa y. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in board of governors. Note that the ENCE Energa y information on this page should be used as a complementary analysis to other ENCE Energa'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 Portfolio Suggestion module to get suggestions outside of your existing asset allocation including your own model portfolios.
Complementary Tools for ENCE Stock analysis
When running ENCE Energa's price analysis, check to measure ENCE Energa'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 ENCE Energa is operating at the current time. Most of ENCE Energa's value examination focuses on studying past and present price action to predict the probability of ENCE Energa's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move ENCE Energa's price. Additionally, you may evaluate how the addition of ENCE Energa to your portfolios can decrease your overall portfolio volatility.
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