Okeanis Eco Tankers Stock Price History

ECO Stock   33.68  0.60  1.81%   
If you're considering investing in Okeanis Stock, it is important to understand the factors that can impact its price. As of today, the current price of Okeanis Eco stands at 33.68, as last reported on the 14th of May 2024, with the highest price reaching 33.68 and the lowest price hitting 33.68 during the day. Okeanis Eco appears to be very steady, given 3 months investment horizon. Okeanis Eco Tankers maintains Sharpe Ratio (i.e., Efficiency) of 0.15, which implies the firm had a 0.15% return per unit of risk over the last 3 months. We have found twenty-eight technical indicators for Okeanis Eco Tankers, which you can use to evaluate the volatility of the company. Please evaluate Okeanis Eco's Risk Adjusted Performance of 0.1057, semi deviation of 1.35, and Coefficient Of Variation of 624.41 to confirm if our risk estimates are consistent with your expectations.
  
Okeanis Stock price history is provided at the adjusted basis, taking into account all of the recent filings.

Sharpe Ratio = 0.1483

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Estimated Market Risk

 1.85
  actual daily
16
84% of assets are more volatile

Expected Return

 0.27
  actual daily
5
95% of assets have higher returns

Risk-Adjusted Return

 0.15
  actual daily
11
89% of assets perform better
Based on monthly moving average Okeanis Eco is performing at about 11% 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 Okeanis Eco by adding it to a well-diversified portfolio.

Okeanis Eco Stock Price History Chart

There are several ways to analyze Okeanis Stock price data. The simplest method is using a basic Okeanis candlestick price chart, which shows Okeanis Eco price history and the buying and selling dynamics of a specified period. Many traders also use subjective judgment to their trading calls, avoiding the need to trade based on technical analysis.
Highest PriceMay 13, 202433.68
Lowest PriceFebruary 23, 202428.56

Okeanis Eco May 14, 2024 Stock Price Synopsis

Various analyses of Okeanis Eco's daily price changes, such as its Balance Of Power or Price Action, are crucial when deciding whether to buy, hold, or sell Okeanis Stock. It can be used to describe the percentage change in the price of Okeanis Eco from one trading day to the next and could be a valuable metric for traders and investors to gauge the volatility and momentum of Okeanis Stock.
Okeanis Eco Price Action Indicator 0.30 
Okeanis Eco Price Rate Of Daily Change 1.02 

Okeanis Eco May 14, 2024 Stock Price Analysis

When benchmark price declines in a down market, there may be an uptick in Okeanis Stock price where buyers come in believing the asset is cheap or selling overdone. The opposite is true when the market is bullish. You can use Okeanis Eco intraday prices and daily technical indicators to check the level of noise trading in Okeanis Stock and then apply it to test your longer-term investment strategies against Okeanis.

Okeanis Stock Price History Data

The price series of Okeanis Eco for the period between Wed, Feb 14, 2024 and Tue, May 14, 2024 has a statistical range of 6.37 with a coefficient of variation of 4.31. Under current investment horizon, the daily prices are spread out with arithmetic mean of 30.23. The median price for the last 90 days is 30.35. The company completed dividends distribution on 2023-11-14.
OpenHighLowCloseVolume
05/14/2024
 33.08  33.68  33.68  33.68 
05/13/2024 33.15  33.81  33.15  33.68  26,399 
05/10/2024 33.43  33.69  33.01  33.08  53,315 
05/09/2024 32.85  33.59  32.84  33.31  44,319 
05/08/2024 32.01  32.90  31.90  32.63  43,628 
05/07/2024 31.67  32.31  31.67  32.24  37,274 
05/06/2024 31.97  32.20  31.75  32.15  29,445 
05/03/2024 31.87  32.08  31.63  31.88  28,380 
05/02/2024 30.78  31.29  30.53  31.10  25,802 
05/01/2024 31.46  31.46  30.39  30.64  15,694 
04/30/2024 31.24  31.74  31.19  31.31  24,413 
04/29/2024 31.56  31.56  30.90  31.51  29,803 
04/26/2024 31.16  31.48  30.79  31.41  57,689 
04/25/2024 30.00  30.81  29.87  30.80  18,989 
04/24/2024 30.41  30.45  30.07  30.39  13,671 
04/23/2024 30.29  30.66  30.14  30.39  21,837 
04/22/2024 29.92  30.35  29.70  30.35  26,561 
04/19/2024 30.00  30.65  30.00  30.55  20,999 
04/18/2024 30.79  30.79  29.89  30.07  38,708 
04/17/2024 30.97  31.14  30.50  30.60  19,555 
04/16/2024 30.73  30.80  30.26  30.56  31,002 
04/15/2024 31.10  31.13  30.42  30.48  48,325 
04/12/2024 32.00  32.14  30.78  30.91  76,727 
04/11/2024 31.43  31.86  31.39  31.86  58,802 
04/10/2024 29.80  30.78  29.69  30.70  56,128 
04/09/2024 30.68  30.82  30.40  30.44  21,626 
04/08/2024 31.00  31.08  30.53  30.62  55,757 
04/05/2024 31.00  31.51  30.82  31.18  37,570 
04/04/2024 31.16  31.41  30.71  30.71  34,084 
04/03/2024 30.62  31.39  30.62  31.38  38,649 
04/02/2024 30.36  30.39  30.03  30.36  43,021 
04/01/2024 30.17  30.70  30.10  30.10  104,233 
03/28/2024 30.25  30.25  29.97  29.99  10,093 
03/27/2024 30.03  30.17  29.95  30.05  15,529 
03/26/2024 29.94  29.94  29.65  29.84  35,679 
03/25/2024 29.93  30.24  29.91  30.02  14,338 
03/22/2024 30.00  30.09  29.83  29.89  26,835 
03/21/2024 30.01  30.55  29.98  30.41  37,097 
03/20/2024 30.02  30.11  29.50  29.98  46,186 
03/19/2024 30.59  30.76  30.12  30.22  53,448 
03/18/2024 31.07  31.19  30.66  31.05  72,756 
03/15/2024 30.84  31.53  30.61  31.34  169,018 
03/14/2024 29.54  30.19  29.22  30.18  45,311 
03/13/2024 29.20  29.45  29.07  29.09  33,248 
03/12/2024 28.95  28.95  28.34  28.60  49,783 
03/11/2024 29.35  29.35  28.95  28.95  21,339 
03/08/2024 29.61  29.61  28.85  29.00  63,897 
03/07/2024 30.29  30.61  29.63  29.63  59,638 
03/06/2024 30.06  30.64  29.64  29.64  37,651 
03/05/2024 30.03  30.54  29.41  29.41  66,841 
03/04/2024 29.60  29.63  28.97  28.97  59,342 
03/01/2024 29.78  29.89  28.98  28.98  85,400 
02/29/2024 29.69  30.31  28.59  28.59  122,000 
02/28/2024 30.19  30.64  29.49  29.49  53,800 
02/27/2024 30.00  30.45  29.61  29.61  272,100 
02/26/2024 29.35  31.26  29.35  30.54  138,000 
02/23/2024 28.70  29.38  28.41  28.56  48,700 
02/22/2024 28.81  29.62  28.61  28.65  40,100 
02/21/2024 29.62  30.59  29.11  29.11  54,700 
02/20/2024 30.50  30.51  29.41  29.41  34,400 
02/16/2024 29.95  30.28  29.51  29.51  42,900 

About Okeanis Eco Stock history

Okeanis Eco 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 Okeanis is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Okeanis Eco Tankers 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 Okeanis Eco stock prices may prove useful in developing a viable investing in Okeanis Eco

Okeanis Eco Stock Technical Analysis

Okeanis Eco 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.
A focus of Okeanis Eco technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of Okeanis Eco trading pattern rather than external drivers such as economic, fundamental, or social events. It is believed that price action tends to repeat itself due to investors' collective, patterned behavior. Hence technical analysis focuses on identifiable price trends and conditions. More Info...

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Okeanis Eco Technical and Predictive Indicators

Predictive indicators are helping investors to find signals for Okeanis Eco's price direction in advance. Along with the technical and fundamental analysis of Okeanis Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Okeanis 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.
When determining whether Okeanis Eco Tankers offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Okeanis Eco's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Okeanis Eco Tankers Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Okeanis Eco Tankers Stock:
Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Okeanis Eco Tankers. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in main economic indicators.
Note that the Okeanis Eco Tankers information on this page should be used as a complementary analysis to other Okeanis Eco'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 Bonds Directory module to find actively traded corporate debentures issued by US companies.

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Is Okeanis Eco'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 Okeanis Eco. If investors know Okeanis 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 Okeanis Eco 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 Okeanis Eco Tankers is measured differently than its book value, which is the value of Okeanis that is recorded on the company's balance sheet. Investors also form their own opinion of Okeanis Eco's value that differs from its market value or its book value, called intrinsic value, which is Okeanis Eco'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 Okeanis Eco's market value can be influenced by many factors that don't directly affect Okeanis Eco'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 Okeanis Eco's value and its price as these two are different measures arrived at by different means. Investors typically determine if Okeanis Eco is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Okeanis Eco'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.