Entravision Communications (Germany) Price on October 18, 2024
| EV9 Stock | EUR 2.36 0.14 6.31% |
If you're considering investing in Entravision Stock, it is important to understand the factors that can impact its price. As of today, the current price of Entravision Communications stands at 2.36, as last reported on the 24th of December, with the highest price reaching 2.36 and the lowest price hitting 2.36 during the day. Entravision Communications appears to be very risky, given 3 months investment horizon. Entravision Communications secures Sharpe Ratio (or Efficiency) of 0.16, which denotes the company had a 0.16% return per unit of risk over the last 3 months. By reviewing Entravision Communications' technical indicators, you can evaluate if the expected return of 0.55% is justified by implied risk. Please utilize Entravision Communications' Downside Deviation of 3.38, coefficient of variation of 687.53, and Mean Deviation of 2.62 to check if our risk estimates are consistent with your expectations.
Entravision Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
Entravision |
Sharpe Ratio = 0.1596
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Estimated Market Risk
| 3.48 actual daily | 30 70% of assets are more volatile |
Expected Return
| 0.55 actual daily | 10 90% of assets have higher returns |
Risk-Adjusted Return
| 0.16 actual daily | 12 88% of assets perform better |
Based on monthly moving average Entravision Communications is performing at about 12% 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 Entravision Communications by adding it to a well-diversified portfolio.
Entravision Communications Valuation on October 18, 2024
It is possible to determine the worth of Entravision Communications on a given historical date. On October 18, 2024 Entravision was worth 2.03 at the beginning of the trading date compared to the closed value of 2.03. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Entravision Communications stock. Still, in general, we apply an absolute valuation method to find Entravision Communications' 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 Entravision Communications where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Entravision Communications' related companies.
| Open | High | Low | Close | Volume | |
| 1.94 | 1.94 | 1.94 | 1.94 | 1.00 | |
10/18/2024 | 2.03 | 2.03 | 2.03 | 2.03 | 1.00 |
| 2.02 | 2.02 | 2.02 | 2.02 | 1.00 |
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Entravision Communications Trading Date Momentum on October 18, 2024
| On October 21 2024 Entravision Communications was traded for 2.02 at the closing time. The highest daily price throughout the period was 2.02 and the lowest price was 2.02 . There was no trading activity during the period 1.0. Lack of trading volume on 10/21/2024 added to the next day price reduction. The overall trading delta to closing price of the next trading day was 0.49% . The overall trading delta to current closing price is 4.93% . |
Entravision Communications Fundamentals Correlations and Trends
By evaluating Entravision Communications' financials over time, investors can gain insight into future company performance. However, you can also analyze the published financial statements to find patterns among Entravision Communications' main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Entravision financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Entravision Communications Stock history
Entravision Communications 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 Entravision is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Entravision Communications 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 Entravision Communications stock prices may prove useful in developing a viable investing in Entravision Communications
Entravision Communications Corporation operates as a media company that reaches and engages Hispanics across acculturation levels and media channels primarily in the United States, Spain, Mexico, Argentina, and other Latin America countries. Entravision Communications Corporation was founded in 1996 and is headquartered in Santa Monica, California. ENTRAVISION operates under Broadcasting - TV classification in Germany and is traded on Frankfurt Stock Exchange. It employs 1156 people.
Entravision Communications Stock Technical Analysis
Entravision Communications 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
Entravision Communications Period Price Range
Low | December 24, 2024
| High |
0.00 | 0.00 |
Entravision Communications cannot be verified against its exchange. Please verify the symbol is currently traded on Frankfurt Exchange. If you still believe the symbol you are trying to look up is valid, please let us know, and we will check it as soon as possible.
Entravision Communications December 24, 2024 Market Strength
Market strength indicators help investors to evaluate how Entravision Communications stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Entravision Communications shares will generate the highest return on investment. By undertsting and applying Entravision Communications stock market strength indicators, traders can identify Entravision Communications entry and exit signals to maximize returns
Entravision Communications Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Entravision Communications' price direction in advance. Along with the technical and fundamental analysis of Entravision Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Entravision 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 | 0.123 | |||
| Jensen Alpha | 0.461 | |||
| Total Risk Alpha | 0.393 | |||
| Sortino Ratio | 0.1396 | |||
| Treynor Ratio | 0.3434 |
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Complementary Tools for Entravision Stock analysis
When running Entravision Communications' price analysis, check to measure Entravision Communications' 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 Entravision Communications is operating at the current time. Most of Entravision Communications' value examination focuses on studying past and present price action to predict the probability of Entravision Communications' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Entravision Communications' price. Additionally, you may evaluate how the addition of Entravision Communications to your portfolios can decrease your overall portfolio volatility.
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