Enagas Sa Stock Price on November 9, 2018
| ENGGY Stock | USD 7.26 0.11 1.54% |
If you're considering investing in Enagas Pink Sheet, it is important to understand the factors that can impact its price. As of today, the current price of Enagas SA stands at 7.26, as last reported on the 19th of April, with the highest price reaching 7.26 and the lowest price hitting 7.23 during the day. Enagas SA secures Sharpe Ratio (or Efficiency) of -0.14, which denotes the company had a -0.14% return per unit of standard deviation over the last 3 months. Enagas SA exposes twenty-two different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm Enagas SA's Coefficient Of Variation of (559.38), standard deviation of 1.41, and Mean Deviation of 1.08 to check the risk estimate we provide.
Enagas Pink Sheet price history is provided at the adjusted basis, taking into account all of the recent filings.
Enagas |
Sharpe Ratio = -0.1436
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| Negative Returns | ENGGY |
Estimated Market Risk
| 1.43 actual daily | 12 88% of assets are more volatile |
Expected Return
| -0.21 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| -0.14 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Enagas 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 Enagas SA by adding Enagas SA to a well-diversified portfolio.
Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.
About Enagas SA Pink Sheet history
Enagas 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 Enagas is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Enagas 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 Enagas SA stock prices may prove useful in developing a viable investing in Enagas 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 Sa is traded on OTC Exchange in the United States.
Enagas SA Pink Sheet Technical Analysis
Enagas SA technical pink sheet 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, pink sheet market cycles, or different charting patterns.
Price Boundaries
Enagas SA Period Price Range
Enagas SA April 19, 2024 Market Strength
Market strength indicators help investors to evaluate how Enagas SA pink sheet reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Enagas SA shares will generate the highest return on investment. By undertsting and applying Enagas SA pink sheet market strength indicators, traders can identify Enagas SA entry and exit signals to maximize returns
| Accumulation Distribution | 72.88 | |||
| Daily Balance Of Power | 3.666667 | |||
| Rate Of Daily Change | 1.02 | |||
| Day Median Price | 7.25 | |||
| Day Typical Price | 7.25 | |||
| Price Action Indicator | 0.07 | |||
| Period Momentum Indicator | 0.11 |
Enagas SA Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Enagas SA's price direction in advance. Along with the technical and fundamental analysis of Enagas Pink Sheet historical price patterns, it is also worthwhile for investors to track various predictive indicators of Enagas 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 | (0.10) | |||
| Jensen Alpha | (0.27) | |||
| Total Risk Alpha | (0.40) | |||
| Treynor Ratio | (1.85) |
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Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Enagas 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 price. Note that the Enagas SA information on this page should be used as a complementary analysis to other Enagas 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 Money Flow Index module to determine momentum by analyzing Money Flow Index and other technical indicators.
Complementary Tools for Enagas Pink Sheet analysis
When running Enagas SA's price analysis, check to measure Enagas 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 Enagas SA is operating at the current time. Most of Enagas SA's value examination focuses on studying past and present price action to predict the probability of Enagas 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 Enagas SA's price. Additionally, you may evaluate how the addition of Enagas SA to your portfolios can decrease your overall portfolio volatility.
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