ESSILORLUXOTTICA (Germany) Today
| ESLC Stock | EUR 100.00 1.00 0.99% |
Performance11 of 100
| Odds Of DistressLess than 9
|
ESSILORLUXOTTICA is trading at 100.00 as of the 27th of April 2024. This is a -0.99 percent decrease since the beginning of the trading day. The stock's lowest day price was 100.0. ESSILORLUXOTTICA has less than a 9 % chance of experiencing financial distress in the next few years and had a good performance during the last 90 days. Equity ratings for ESSILORLUXOTTICA 12ON are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 28th of March 2024 and ending today, the 27th of April 2024. Click here to learn more.
EssilorLuxottica Socit anonyme designs, manufactures, and distributes ophthalmic lenses, frames, and sunglasses in North America, Europe, Latin America, Asia, Oceania, and Africa. EssilorLuxottica Socit anonyme was founded in 1849 and is headquartered in Paris, France. The company has 890.65 M outstanding shares. More on ESSILORLUXOTTICA 12ON
Moving together with ESSILORLUXOTTICA Stock
| 0.98 | ESL | EssilorLuxottica Socit | PairCorr |
Moving against ESSILORLUXOTTICA Stock
| 0.94 | DBPD | Xtrackers ShortDAX | PairCorr |
| 0.43 | SG9 | Strix Group Plc | PairCorr |
Follow Valuation Odds of Bankruptcy
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ESSILORLUXOTTICA Stock Highlights
Most reasonable investors view market volatility as an opportunity to invest at a favorable price or to sell short against a bearish trend. ESSILORLUXOTTICA's investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding ESSILORLUXOTTICA or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
| Business Concentration | Medical Instruments & Supplies, Healthcare (View all Sectors) |
ESSILORLUXOTTICA 12ON (ESLC) is traded on Frankfurt Exchange in Germany . The company currently falls under 'Large-Cap' category with a current market capitalization of 78.82 B. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate ESSILORLUXOTTICA's market, we take the total number of its shares issued and multiply it by ESSILORLUXOTTICA's current market price. To manage market risk and economic uncertainty, many investors today build portfolios that are diversified across equities with different market capitalizations. However, as a general rule, conservative investors tend to hold large-cap stocks, and those looking for more risk prefer small-cap and mid-cap equities. ESSILORLUXOTTICA 12ON operates under Healthcare sector and is part of Medical Instruments & Supplies industry. The entity has 890.65 M outstanding shares.
ESSILORLUXOTTICA 12ON has accumulated about 9.44 B in cash with 4.4 B of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 10.72.
Check ESSILORLUXOTTICA Probability Of Bankruptcy
Ownership AllocationESSILORLUXOTTICA 12ON retains a total of 890.65 Million outstanding shares. Roughly 100.0 percent of ESSILORLUXOTTICA outstanding shares are held by general public with 0.01 % by other corporate entities. Note that regardless of who owns the company, if the true value of the entity is less than the market is willing to pay for it, you may not be able to generate positive returns over time.
Check ESSILORLUXOTTICA Ownership Details
ESSILORLUXOTTICA Stock Price Odds Analysis
In reference to a normal probability distribution, the odds of ESSILORLUXOTTICA jumping above the current price in 90 days from now is about 31.16%. The ESSILORLUXOTTICA 12ON probability density function shows the probability of ESSILORLUXOTTICA stock to fall within a particular range of prices over 90 days. Assuming the 90 days trading horizon ESSILORLUXOTTICA has a beta of 0.2072 suggesting as returns on the market go up, ESSILORLUXOTTICA average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding ESSILORLUXOTTICA 12ON will be expected to be much smaller as well. Additionally, eSSILORLUXOTTICA 12ON has an alpha of 0.2017, implying that it can generate a 0.2 percent excess return over NYSE Composite after adjusting for the inherited market risk (beta).
Based on a normal probability distribution, the odds of ESSILORLUXOTTICA to move above the current price in 90 days from now is about 31.16 (This ESSILORLUXOTTICA 12ON probability density function shows the probability of ESSILORLUXOTTICA Stock to fall within a particular range of prices over 90 days) .
ESSILORLUXOTTICA 12ON Risk Profiles
Investors will always prefer to have the highest possible return on investment while minimizing volatility. ESSILORLUXOTTICA market risk premium is the additional return an investor will receive from holding ESSILORLUXOTTICA long position in a well-diversified portfolio. The market premium is part of the Capital Asset Pricing Model (CAPM), which most analysts and investors use to calculate the acceptable rate of return on investment in ESSILORLUXOTTICA. At the center of the CAPM is the concept of risk and reward, which is usually communicated by investors using alpha and beta measures. Although ESSILORLUXOTTICA's alpha and beta are two of the key measurements used to evaluate ESSILORLUXOTTICA's performance over the market, the standard measures of volatility play an important role as well.
| Mean Deviation | 1.11 | |||
| Semi Deviation | 1.17 | |||
| Standard Deviation | 1.46 | |||
| Variance | 2.14 |
ESSILORLUXOTTICA Stock Against Markets
Picking the right benchmark for ESSILORLUXOTTICA stock is fundamental to making educated investment choices. Many naive investors compare their positions with the S&P 500 or with the Nasdaq. But these benchmarks are not all-inclusive and generally should be used only for large-capitalization equities or stock offerings from large companies. When the price of a selected benchmark declines in a down market, there may be an uptick in ESSILORLUXOTTICA stock price where buyers come in believing the asset is cheap. The opposite is true when the market is bullish; so, accurately picking the benchmark for ESSILORLUXOTTICA is critical whether you are bullish or bearish towards ESSILORLUXOTTICA 12ON at a given time. Please also check how ESSILORLUXOTTICA's historical prices are related to one of the top price index indicators.
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Our tools can tell you how much better you can do entering a position in ESSILORLUXOTTICA without increasing your portfolio risk or giving up the expected return. As an individual investor, you need to find a reliable way to track all your investment portfolios. However, your requirements will often be based on how much of the process you decide to do yourself. In addition to allowing all investors analytical transparency into all their portfolios, our tools can evaluate risk-adjusted returns of your individual positions relative to your overall portfolio.Did you try this?
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How to buy ESSILORLUXOTTICA Stock?
Before investing in ESSILORLUXOTTICA, you must ensure you fully understand your financial goals and how diversified (or not) your overall investments are now. Then, after you clearly understand your investment objectives, consider investing in ESSILORLUXOTTICA. To buy ESSILORLUXOTTICA stock, you can follow these steps:- Choose a brokerage firm: You need to select a brokerage firm to buy shares of ESSILORLUXOTTICA. Some popular options include Charles Schwab, Fidelity, TD Ameritrade, and Robinhood.
- Open an account: Once you have chosen a brokerage firm, you will need to open an account. You will be required to provide personal information, such as your name, address, and Social Security number.
- Fund your account: You will need to deposit funds into your brokerage account to purchase ESSILORLUXOTTICA stock. You can do this by transferring funds from your bank account or other investment accounts.
- Place your order: Once you have located ESSILORLUXOTTICA 12ON stock in your brokerage account, you can place your order to buy it. You will need to specify the number of shares you want to buy and the price you are willing to pay.
- Monitor your investment: After you have purchased ESSILORLUXOTTICA 12ON stock, you should monitor your investment to track its performance and make informed decisions about buying, selling, or holding the stock
It's important to note that investing in stocks, such as ESSILORLUXOTTICA 12ON, carries risks, and you should carefully consider your investment goals and risk tolerance before making any investment decisions. Also, remember various factors, including economic indicators, change in net worth, political events, company-specific news, and investor sentiment, can influence the stock market. These factors can cause fluctuations in stock prices and lead to market volatility affecting your buy or sell decision. However, volatility can also present opportunities for investors to make gains by buying stocks when prices are low and selling when they are high. It's important for investors to have a long-term perspective and a well-diversified portfolio to manage the impact of stock market volatility on their investments.
Already Invested in ESSILORLUXOTTICA 12ON?
The danger of trading ESSILORLUXOTTICA 12ON is mainly related to its market volatility and Company specific events. As an investor, you must understand the concept of risk-adjusted return before you start trading. The most common way to measure the risk of ESSILORLUXOTTICA is by using the Sharpe ratio. The ratio expresses how much excess return you acquire for the extra volatility you endure for holding a more risker asset than ESSILORLUXOTTICA. The Sharpe ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile ESSILORLUXOTTICA 12ON is, you must compare it to a benchmark. Traditionally, the risk-free rate of return is the rate of return on the shortest-dated U.S. Treasury, such as a 3-year bond.
Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in ESSILORLUXOTTICA 12ON. 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. You can also try the Pair Correlation module to compare performance and examine fundamental relationship between any two equity instruments.
Complementary Tools for ESSILORLUXOTTICA Stock analysis
When running ESSILORLUXOTTICA's price analysis, check to measure ESSILORLUXOTTICA'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 ESSILORLUXOTTICA is operating at the current time. Most of ESSILORLUXOTTICA's value examination focuses on studying past and present price action to predict the probability of ESSILORLUXOTTICA's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move ESSILORLUXOTTICA's price. Additionally, you may evaluate how the addition of ESSILORLUXOTTICA to your portfolios can decrease your overall portfolio volatility.
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