Equitable Group Stock Price on May 2, 2024
| EQB Stock | CAD 82.05 0.07 0.09% |
Below is the normalized historical share price chart for Equitable Group extending back to March 18, 2004. This chart has been adjusted for all splits and dividends and is plotted against all major global economic recessions. As of today, the current price of Equitable stands at 82.05, as last reported on the 24th of May, with the highest price reaching 82.50 and the lowest price hitting 81.75 during the day.
If you're considering investing in Equitable Stock, it is important to understand the factors that can impact its price. Equitable Group secures Sharpe Ratio (or Efficiency) of -0.11, which denotes the company had a -0.11% return per unit of risk over the last 3 months. Equitable Group exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm Equitable's Standard Deviation of 1.9, variance of 3.61, and Mean Deviation of 1.33 to check the risk estimate we provide.
At this time, Equitable's Stock Based Compensation To Revenue is very stable compared to the past year. . At this time, Equitable's Price Sales Ratio is very stable compared to the past year. As of the 24th of May 2024, Price Fair Value is likely to grow to 1.45, though Price Earnings To Growth Ratio is likely to grow to (0.79). Equitable Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
200 Day MA 81.908 | 50 Day MA 85.0724 | Beta 1.631 |
Equitable |
Sharpe Ratio = -0.1056
| Best Portfolio | Best Equity | |||
| Good Returns | ||||
| Average Returns | ||||
| Small Returns | ||||
| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
| Negative Returns | EQB |
Estimated Market Risk
| 1.88 actual daily | 16 84% of assets are more volatile |
Expected Return
| -0.2 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| -0.11 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Equitable is not performing at its full potential. However, 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 Equitable by adding Equitable to a well-diversified portfolio.
Price Book 1.1994 | Price Sales 2.9054 | Shares Float 27.3 M | Dividend Share 1.32 | Wall Street Target Price 104.2 |
Equitable Valuation on May 2, 2024
It is possible to determine the worth of Equitable on a given historical date. On May 2, 2024 Equitable was worth 84.83 at the beginning of the trading date compared to the closed value of 84.7. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Equitable stock. Still, in general, we apply an absolute valuation method to find Equitable'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 Equitable where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Equitable's related companies.
| Open | High | Low | Close | Volume | |
| 83.30 | 85.34 | 82.64 | 84.82 | 58,765 | |
05/02/2024 | 84.83 | 85.22 | 83.99 | 84.70 | 22,885 |
| 85.20 | 86.52 | 85.20 | 85.92 | 44,645 |
| Backtest Equitable | | | Equitable History | | | Equitable Valuation | Previous | Next |
Equitable Trading Date Momentum on May 2, 2024
| On May 03 2024 Equitable Group was traded for 85.92 at the closing time. The maximum traded price for the trading interval was 86.52 and the lowest daily price was 85.20 . The daily volume was recorded at 44.6 K. The volume of trading on 3rd of May 2024 played a part in the next trading day price boost. The overall trading delta to the next closing price was 1.44% . The overall trading delta to the closing price today is 0.44% . |
Equitable Group Fundamentals Correlations and Trends
By evaluating Equitable'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 Equitable's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Equitable financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Equitable Stock history
Equitable 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 Equitable is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Equitable Group 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 Equitable stock prices may prove useful in developing a viable investing in Equitable
| Last Reported | Projected for Next Year | ||
| Common Stock Shares Outstanding | 40.3 M | 32.7 M | |
| Net Income Applicable To Common Shares | 304.3 M | 191.1 M |
Equitable Stock Technical Analysis
Equitable 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
Equitable Period Price Range
Low | May 2, 2024
| High |
84.83 | 84.70 |
Equitable May 24, 2024 Market Strength
Market strength indicators help investors to evaluate how Equitable stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Equitable shares will generate the highest return on investment. By undertsting and applying Equitable stock market strength indicators, traders can identify Equitable Group entry and exit signals to maximize returns
Equitable Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Equitable's price direction in advance. Along with the technical and fundamental analysis of Equitable Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Equitable 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 | (0.03) | |||
| Jensen Alpha | (0.13) | |||
| Total Risk Alpha | (0.29) | |||
| Treynor Ratio | 1.21 |
| Cycle Indicators | ||
| Math Operators | ||
| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Equitable Group. 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 Equitable Group information on this page should be used as a complementary analysis to other Equitable'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 Anywhere module to track or share privately all of your investments from the convenience of any device.
Complementary Tools for Equitable Stock analysis
When running Equitable's price analysis, check to measure Equitable'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 Equitable is operating at the current time. Most of Equitable's value examination focuses on studying past and present price action to predict the probability of Equitable's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Equitable's price. Additionally, you may evaluate how the addition of Equitable to your portfolios can decrease your overall portfolio volatility.
| Bond Analysis Evaluate and analyze corporate bonds as a potential investment for your portfolios. | |
| Positions Ratings Determine portfolio positions ratings based on digital equity recommendations. Macroaxis instant position ratings are based on combination of fundamental analysis and risk-adjusted market performance | |
| Performance Analysis Check effects of mean-variance optimization against your current asset allocation | |
| Insider Screener Find insiders across different sectors to evaluate their impact on performance | |
| Sectors List of equity sectors categorizing publicly traded companies based on their primary business activities | |
| Content Syndication Quickly integrate customizable finance content to your own investment portal |