Enags SA (Spain) Price on February 16, 2024
| ENG Stock | EUR 14.09 0.04 0.28% |
If you're considering investing in Enags Stock, it is important to understand the factors that can impact its price. As of today, the current price of Enags SA stands at 14.09, as last reported on the 20th of May, with the highest price reaching 14.17 and the lowest price hitting 14.06 during the day. Enags SA secures Sharpe Ratio (or Efficiency) of -0.0639, which denotes the company had a -0.0639% return per unit of standard deviation over the last 3 months. Enags SA exposes twenty-four different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm Enags SA's Coefficient Of Variation of (1,566), standard deviation of 1.33, and Mean Deviation of 0.9813 to check the risk estimate we provide.
Enags Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
Enags |
Sharpe Ratio = -0.0639
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| Negative Returns | ENG |
Estimated Market Risk
| 1.33 actual daily | 11 89% of assets are more volatile |
Expected Return
| -0.08 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| -0.06 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Enags SA 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 Enags SA by adding Enags SA to a well-diversified portfolio.
Enags SA Valuation on February 16, 2024
It is possible to determine the worth of Enags SA on a given historical date. On February 16, 2024 Enags was worth 14.5 at the beginning of the trading date compared to the closed value of 14.48. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Enags SA stock. Still, in general, we apply an absolute valuation method to find Enags SA'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 Enags SA where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Enags SA's related companies.
| Open | High | Low | Close | Volume | |
| 14.35 | 14.48 | 14.32 | 14.46 | 630,645 | |
02/16/2024 | 14.50 | 14.59 | 14.36 | 14.48 | 699,217 |
| 14.48 | 14.59 | 14.47 | 14.55 | 500,292 |
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Enags SA Trading Date Momentum on February 16, 2024
| On February 19 2024 Enags SA was traded for 14.55 at the closing time. The maximum traded price for the trading interval was 14.59 and the lowest daily price was 14.47 . The daily volume was recorded at 500.3 K. The volume of trading on 19th of February 2024 played a part in the next trading day price growth. The overall trading delta to the next closing price was 0.48% . The overall trading delta to the closing price today is 1.17% . |
Enags SA Fundamentals Correlations and Trends
By evaluating Enags SA'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 Enags SA's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Enags financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Enags SA Stock history
Enags SA 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 Enags is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Enags SA 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 Enags SA stock prices may prove useful in developing a viable investing in Enags SA
Enags, S.A. engages in the development, operation, and maintenance of gas infrastructures in Spain, Mexico, Chile, Peru, Albania, Greece, Italy, and the United States. Enags, S.A. was founded in 1972 and is headquartered in Madrid, Spain. ENAGAS S operates under Pipelines And Energy Storage classification in Spain and is traded on Madrid SE C.A.T.S.. It employs 1338 people.
Enags SA Stock Technical Analysis
Enags SA 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
Enags SA Period Price Range
Low | February 16, 2024
| High |
14.50 | 14.48 |
Enags SA May 20, 2024 Market Strength
Market strength indicators help investors to evaluate how Enags SA stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Enags SA shares will generate the highest return on investment. By undertsting and applying Enags SA stock market strength indicators, traders can identify Enags SA entry and exit signals to maximize returns
| Accumulation Distribution | 11022.61 | |||
| Daily Balance Of Power | (0.09) | |||
| Rate Of Daily Change | 1.0 | |||
| Day Median Price | 14.48 | |||
| Day Typical Price | 14.48 | |||
| Price Action Indicator | (0.01) | |||
| Period Momentum Indicator | (0.39) | |||
| Relative Strength Index | 48.57 |
Enags SA Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Enags SA's price direction in advance. Along with the technical and fundamental analysis of Enags Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Enags 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 | (0.10) | |||
| Total Risk Alpha | (0.25) | |||
| Treynor Ratio | (0.71) |
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Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Enags SA. 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 Enags SA information on this page should be used as a complementary analysis to other Enags SA'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 Idea Analyzer module to analyze all characteristics, volatility and risk-adjusted return of Macroaxis ideas.
Complementary Tools for Enags Stock analysis
When running Enags SA's price analysis, check to measure Enags SA'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 Enags SA is operating at the current time. Most of Enags SA's value examination focuses on studying past and present price action to predict the probability of Enags SA's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Enags SA's price. Additionally, you may evaluate how the addition of Enags SA to your portfolios can decrease your overall portfolio volatility.
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