Euroafrica Digital (Sweden) Today
Euroafrica Digital is selling for under 0.0422 as of the 30th of April 2024; that is -1.4 percent down since the beginning of the trading day. The stock's last reported lowest price was 0.041. Equity ratings for Euroafrica Digital Ventures are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 31st of March 2024 and ending today, the 30th of April 2024. Click here to learn more.
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RefreshEuroafrica 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. Euroafrica Digital's investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding Euroafrica Digital or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
| Business Concentration | Information Technology Services, Technology (View all Sectors) |
Euroafrica Digital Ventures (EURA) is traded on Stockholm Exchange in Sweden and employs 2 people. The company currently falls under 'Micro-Cap' category with a current market capitalization of 22.62 M. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate Euroafrica Digital's market, we take the total number of its shares issued and multiply it by Euroafrica Digital'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. Euroafrica Digital operates under Technology sector and is part of Information Technology Services industry. The entity has 31.68 M outstanding shares.
Euroafrica Digital generates negative cash flow from operations
Check Euroafrica Digital Probability Of Bankruptcy
Euroafrica Stock Against Markets
Picking the right benchmark for Euroafrica Digital 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 Euroafrica Digital 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 Euroafrica Digital is critical whether you are bullish or bearish towards Euroafrica Digital Ventures at a given time. Please also check how Euroafrica Digital's historical prices are related to one of the top price index indicators.
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Euroafrica Digital Related Equities
One of the popular trading techniques among algorithmic traders is to use market-neutral strategies where every trade hedges away some risk. Because there are two separate transactions required, even if one position performs unexpectedly, the other equity can make up some of the losses. Below are some of the equities that can be combined with Euroafrica Digital stock to make a market-neutral strategy. Peer analysis of Euroafrica Digital could also be used in its relative valuation, which is a method of valuing Euroafrica Digital by comparing valuation metrics with similar companies.
| Risk & Return | Correlation |
How to buy Euroafrica Stock?
Before investing in Euroafrica Digital, 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 Euroafrica Digital. To buy Euroafrica Digital stock, you can follow these steps:- Choose a brokerage firm: You need to select a brokerage firm to buy shares of Euroafrica Digital. 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 Euroafrica Digital stock. You can do this by transferring funds from your bank account or other investment accounts.
- Place your order: Once you have located Euroafrica Digital Ventures 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 Euroafrica Digital Ventures 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 Euroafrica Digital Ventures, 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 Euroafrica Digital Ventures?
The danger of trading Euroafrica Digital Ventures 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 Euroafrica Digital 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 Euroafrica Digital. The Sharpe ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile Euroafrica Digital 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. 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 Bond Analysis module to evaluate and analyze corporate bonds as a potential investment for your portfolios..
Complementary Tools for Euroafrica Stock analysis
When running Euroafrica Digital's price analysis, check to measure Euroafrica Digital'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 Euroafrica Digital is operating at the current time. Most of Euroafrica Digital's value examination focuses on studying past and present price action to predict the probability of Euroafrica Digital's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Euroafrica Digital's price. Additionally, you may evaluate how the addition of Euroafrica Digital to your portfolios can decrease your overall portfolio volatility.
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