Ebang International Holdings Stock Price on November 3, 2023
| EBON Stock | USD 7.45 0.16 2.19% |
Below is the normalized historical share price chart for Ebang International Holdings extending back to June 26, 2020. This chart has been adjusted for all splits and dividends and is plotted against all major global economic recessions. As of today, the current price of Ebang International stands at 7.45, as last reported on the 29th of November, with the highest price reaching 8.06 and the lowest price hitting 7.32 during the day.
If you're considering investing in Ebang Stock, it is important to understand the factors that can impact its price. Ebang International appears to be relatively risky, given 3 months investment horizon. Ebang International secures Sharpe Ratio (or Efficiency) of 0.0924, which denotes the company had a 0.0924% return per unit of standard deviation over the last 3 months. By reviewing Ebang International's technical indicators, you can evaluate if the expected return of 0.51% is justified by implied risk. Please utilize Ebang International's Mean Deviation of 3.79, downside deviation of 4.97, and Semi Deviation of 4.56 to check if our risk estimates are consistent with your expectations.
As of the 29th of November 2024, Other Stockholder Equity is likely to grow to about 417.3 M, while Total Stockholder Equity is likely to drop about 143.5 M. . As of the 29th of November 2024, Price Earnings To Growth Ratio is likely to grow to 0.16, while Price To Sales Ratio is likely to drop 18.79. Ebang Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
IPO Date 26th of June 2020 | 200 Day MA 7.4364 | 50 Day MA 6.5592 | Beta 1.777 |
Ebang |
Sharpe Ratio = 0.0924
| Best Portfolio | Best Equity | |||
| Good Returns | ||||
| Average Returns | ||||
| Small Returns | EBON | |||
| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
| Negative Returns |
Estimated Market Risk
| 5.53 actual daily | 49 51% of assets are more volatile |
Expected Return
| 0.51 actual daily | 10 90% of assets have higher returns |
Risk-Adjusted Return
| 0.09 actual daily | 7 93% of assets perform better |
Based on monthly moving average Ebang International is performing at about 7% 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 Ebang International by adding it to a well-diversified portfolio.
Price Book 0.1714 | Enterprise Value Ebitda 52.3809 | Price Sales 13.0276 | Shares Float 4.4 M | Earnings Share (5.60) |
Ebang International Valuation on November 3, 2023
It is possible to determine the worth of Ebang International on a given historical date. On November 3, 2023 Ebang was worth 7.02 at the beginning of the trading date compared to the closed value of 8.21. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Ebang International stock. Still, in general, we apply an absolute valuation method to find Ebang International'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 Ebang International where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Ebang International's related companies.
| Open | High | Low | Close | Volume | |
| 7.20 | 7.20 | 6.80 | 7.10 | 4,633 | |
11/03/2023 | 7.02 | 8.21 | 6.99 | 8.21 | 21,483 |
| 7.70 | 8.05 | 7.61 | 8.04 | 9,686 |
| Backtest Ebang International | | | Ebang International History | | | Ebang International Valuation | Previous | Next |
Ebang International Trading Date Momentum on November 3, 2023
| On November 06 2023 Ebang International Holdings was traded for 8.04 at the closing time. The top price for the day was 8.05 and the lowest listed price was 7.61 . The trading volume for the day was 9.7 K. The trading history from November 6, 2023 was a factor to the next trading day price decrease. The overall trading delta against the next closing price was 2.07% . The overall trading delta against the current closing price is 10.23% . |
Ebang International Fundamentals Correlations and Trends
By evaluating Ebang International'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 Ebang International's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Ebang financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Ebang International Stock history
Ebang International 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 Ebang is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Ebang International 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 Ebang International stock prices may prove useful in developing a viable investing in Ebang International
| Last Reported | Projected for Next Year | ||
| Common Stock Shares Outstanding | 6.3 M | 6 M | |
| Net Income Applicable To Common Shares | 4 M | 4.2 M |
Ebang International Quarterly Net Working Capital |
|
Ebang International Stock Technical Analysis
Ebang International 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
Ebang International Period Price Range
Low | November 29, 2024
| High |
0.00 | 0.00 |
Ebang International Holdings cannot be verified against its exchange. Please verify the symbol is currently traded on NASDAQ 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.
Ebang International November 29, 2024 Market Strength
Market strength indicators help investors to evaluate how Ebang International stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Ebang International shares will generate the highest return on investment. By undertsting and applying Ebang International stock market strength indicators, traders can identify Ebang International Holdings entry and exit signals to maximize returns
Ebang International Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Ebang International's price direction in advance. Along with the technical and fundamental analysis of Ebang Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Ebang 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 | 0.0718 | |||
| Jensen Alpha | 0.2085 | |||
| Total Risk Alpha | (0.38) | |||
| Sortino Ratio | 0.0654 | |||
| Treynor Ratio | 0.2191 |
| Cycle Indicators | ||
| Math Operators | ||
| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Ebang International Holdings. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in persons. You can also try the Equity Forecasting module to use basic forecasting models to generate price predictions and determine price momentum.
Is Electronic Equipment, Instruments & Components 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 Ebang International. If investors know Ebang 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 Ebang International listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share (5.60) | Revenue Per Share 0.572 | Quarterly Revenue Growth (0.48) | Return On Assets (0.1) | Return On Equity (0.12) |
The market value of Ebang International is measured differently than its book value, which is the value of Ebang that is recorded on the company's balance sheet. Investors also form their own opinion of Ebang International's value that differs from its market value or its book value, called intrinsic value, which is Ebang International'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 Ebang International's market value can be influenced by many factors that don't directly affect Ebang International'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 Ebang International's value and its price as these two are different measures arrived at by different means. Investors typically determine if Ebang International is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Ebang International'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.