EWork Group (Sweden) Price on February 14, 2024
| EWRK Stock | SEK 139.80 1.00 0.72% |
If you're considering investing in EWork Stock, it is important to understand the factors that can impact its price. As of today, the current price of EWork Group stands at 139.80, as last reported on the 18th of May 2024, with the highest price reaching 140.40 and the lowest price hitting 138.20 during the day. We consider EWork Group very steady. eWork Group AB secures Sharpe Ratio (or Efficiency) of 0.0421, which denotes the company had a 0.0421% return per unit of risk over the last 3 months. We have found twenty-three technical indicators for eWork Group AB, which you can use to evaluate the volatility of the firm. Please confirm EWork Group's Standard Deviation of 1.85, risk adjusted performance of (0.01), and Coefficient Of Variation of (4,851) to check if the risk estimate we provide is consistent with the expected return of 0.0738%.
EWork Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
EWork |
Sharpe Ratio = 0.0421
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| Cash | Small Risk | EWRK | High Risk | Huge Risk |
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Estimated Market Risk
| 1.75 actual daily | 15 85% of assets are more volatile |
Expected Return
| 0.07 actual daily | 1 99% of assets have higher returns |
Risk-Adjusted Return
| 0.04 actual daily | 3 97% of assets perform better |
Based on monthly moving average EWork Group is performing at about 3% 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 EWork Group by adding it to a well-diversified portfolio.
EWork Group Valuation on February 14, 2024
It is possible to determine the worth of EWork Group on a given historical date. On February 14, 2024 EWork was worth 154.8 at the beginning of the trading date compared to the closed value of 145.54. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of EWork Group stock. Still, in general, we apply an absolute valuation method to find EWork Group'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 EWork Group where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against EWork Group's related companies.
| Open | High | Low | Close | Volume | |
| 154.60 | 155.00 | 140.98 | 140.98 | 10,057 | |
02/14/2024 | 154.80 | 154.80 | 145.54 | 145.54 | 5,635 |
| 153.00 | 153.60 | 141.74 | 141.74 | 11,132 |
| Backtest EWork Group | | | EWork Group History | | | EWork Group Valuation | Previous | Next |
EWork Group Trading Date Momentum on February 14, 2024
| On February 15 2024 eWork Group AB was traded for 141.74 at the closing time. The highest price during the trading period was 153.60 and the lowest recorded bid was listed for 141.74 . The volume for the day was 11.1 K. This history from February 15, 2024 contributed to the next trading day price decline. The overall trading delta to the next closing price was 2.61% . The trading date delta to the current price is 4.63% . |
eWork Group AB Fundamentals Correlations and Trends
By evaluating EWork Group'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 EWork Group's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. EWork financial account trend analysis is a perfect complement when working with valuation or volatility modules.About EWork Group Stock history
EWork Group 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 EWork is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in eWork Group AB 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 EWork Group stock prices may prove useful in developing a viable investing in EWork Group
Ework Group AB operates as a consultant supplier with focus on IT, telecom, technology, and business development in Sweden, Denmark, Norway, Finland, and Poland. Ework Group AB was founded in 2000 and is headquartered in Stockholm, Sweden. eWork Group operates under Information Technology Services classification in Sweden and is traded on Stockholm Stock Exchange. It employs 310 people.
EWork Group Stock Technical Analysis
EWork Group 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
EWork Group Period Price Range
Low | February 14, 2024
| High |
154.80 | 145.54 |
EWork Group May 18, 2024 Market Strength
Market strength indicators help investors to evaluate how EWork Group stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading EWork Group shares will generate the highest return on investment. By undertsting and applying EWork Group stock market strength indicators, traders can identify eWork Group AB entry and exit signals to maximize returns
| Accumulation Distribution | 337.08 | |||
| Daily Balance Of Power | (1.00) | |||
| Rate Of Daily Change | 0.94 | |||
| Day Median Price | 150.17 | |||
| Day Typical Price | 148.63 | |||
| Market Facilitation Index | 0.0016 | |||
| Price Action Indicator | (9.26) | |||
| Period Momentum Indicator | (5.74) |
EWork Group Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for EWork Group's price direction in advance. Along with the technical and fundamental analysis of EWork Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of EWork 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 | (0.01) | |||
| Jensen Alpha | (0.05) | |||
| Total Risk Alpha | (0.33) | |||
| Treynor Ratio | (0.66) |
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| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in eWork Group AB. 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. You can also try the Equity Forecasting module to use basic forecasting models to generate price predictions and determine price momentum.
Complementary Tools for EWork Stock analysis
When running EWork Group's price analysis, check to measure EWork Group'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 EWork Group is operating at the current time. Most of EWork Group's value examination focuses on studying past and present price action to predict the probability of EWork Group's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move EWork Group's price. Additionally, you may evaluate how the addition of EWork Group to your portfolios can decrease your overall portfolio volatility.
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