Elanco Animal Health Stock Price History

Elanco Animal Stock Price History Chart

Elanco Animal January 30, 2025 Stock Price Synopsis

Various analyses of Elanco Animal's daily price changes, such as its Balance Of Power or Price Action, are crucial when deciding whether to buy, hold, or sell Elanco Stock. It can be used to describe the percentage change in the price of Elanco Animal from one trading day to the next and could be a valuable metric for traders and investors to gauge the volatility and momentum of Elanco Stock. When benchmark price declines in a down market, there may be an uptick in Elanco Stock price where buyers come in believing the asset is cheap or selling overdone. The opposite is true when the market is bullish. You can use Elanco Animal intraday prices and daily technical indicators to check the level of noise trading in Elanco Stock and then apply it to test your longer-term investment strategies against Elanco.

Elanco Stock Price History Data

The price series of Elanco Animal for the period between Fri, Nov 1, 2024 and Thu, Jan 30, 2025 has a statistical range of 3.07 with a coefficient of variation of 6.35. Under current investment horizon, the daily prices are spread out with arithmetic mean of 12.56. The median price for the last 90 days is 12.29.

Elanco Animal 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 Elanco is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Elanco Animal Health 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 Elanco Animal stock prices may prove useful in developing a viable investing in Elanco Animal

Elanco Animal 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.

Predictive indicators are helping investors to find signals for Elanco Animal's price direction in advance. Along with the technical and fundamental analysis of Elanco Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Elanco 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.

Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Elanco Animal Health. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in nation. You can also try the Funds Screener module to find actively-traded funds from around the world traded on over 30 global exchanges.

Is Pharmaceuticals space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Elanco Animal. If investors know Elanco will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Elanco Animal listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.

The market value of Elanco Animal Health is measured differently than its book value, which is the value of Elanco that is recorded on the company's balance sheet. Investors also form their own opinion of Elanco Animal's value that differs from its market value or its book value, called intrinsic value, which is Elanco Animal's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Elanco Animal's market value can be influenced by many factors that don't directly affect Elanco Animal's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.

Please note, there is a significant difference between Elanco Animal's value and its price as these two are different measures arrived at by different means. Investors typically determine if Elanco Animal is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Elanco Animal's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.