Edible Garden Ag Stock Price on August 19, 2024
| EDBLW Stock | USD 0.01 0 16.00% |
If you're considering investing in Edible Stock, it is important to understand the factors that can impact its price. As of today, the current price of Edible Garden stands at 0.01, as last reported on the 29th of November, with the highest price reaching 0.01 and the lowest price hitting 0.01 during the day. Edible Garden is out of control given 3 months investment horizon. Edible Garden AG secures Sharpe Ratio (or Efficiency) of 0.12, which denotes the company had a 0.12% return per unit of risk over the last 3 months. We were able to break down and interpolate twenty-nine different technical indicators, which can help you to evaluate if expected returns of 4.65% are justified by taking the suggested risk. Use Edible Garden Downside Deviation of 28.09, mean deviation of 26.3, and Coefficient Of Variation of 648.81 to evaluate company specific risk that cannot be diversified away.
At this time, Edible Garden's Common Stock Shares Outstanding is fairly stable compared to the past year. Stock Based Compensation is likely to climb to about 56.1 K in 2024, whereas Total Stockholder Equity is likely to drop (302.4 K) in 2024. . Price To Sales Ratio is likely to drop to 0.12 in 2024. Price Earnings Ratio is likely to drop to -0.18 in 2024. Edible Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
Edible |
Sharpe Ratio = 0.1192
| Best Portfolio | Best Equity | EDBLW | ||
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Estimated Market Risk
| 38.99 actual daily | 96 96% of assets are less volatile |
Expected Return
| 4.65 actual daily | 92 92% of assets have lower returns |
Risk-Adjusted Return
| 0.12 actual daily | 9 91% of assets perform better |
Based on monthly moving average Edible Garden is performing at about 9% 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 Edible Garden by adding it to a well-diversified portfolio.
Book Value (1.01) | Shares Float 2.3 M | Shares Short Prior Month 52.1 K | Earnings Share (1.31) | Shares Short 50 K |
Edible Garden Valuation on August 19, 2024
It is possible to determine the worth of Edible Garden on a given historical date. On August 19, 2024 Edible was worth 0.017 at the beginning of the trading date compared to the closed value of 0.015. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Edible Garden stock. Still, in general, we apply an absolute valuation method to find Edible Garden'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 Edible Garden where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Edible Garden's related companies.
| Open | High | Low | Close | Volume | |
| 0.02 | 0.02 | 0.02 | 0.02 | 5,000 | |
08/19/2024 | 0.02 | 0.03 | 0.01 | 0.01 | 32,922 |
| 0.03 | 0.03 | 0.03 | 0.03 | 755.00 |
| Backtest Edible Garden | | | Edible Garden History | | | Edible Garden Valuation | Previous | Next |
Edible Garden Trading Date Momentum on August 19, 2024
| On August 22 2024 Edible Garden AG was traded for 0.03 at the closing time. The highest daily price throughout the period was 0.03 and the lowest price was 0.03 . The daily volume was 755. The net trading volume on 08/22/2024 added to the next day price increase. The overall trading delta to closing price of the next trading day was 86.00% . The overall trading delta to current closing price is 45.33% . |
Edible Garden AG Fundamentals Correlations and Trends
By evaluating Edible Garden'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 Edible Garden's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Edible financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Edible Garden Stock history
Edible Garden 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 Edible is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Edible Garden AG 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 Edible Garden stock prices may prove useful in developing a viable investing in Edible Garden
| Last Reported | Projected for Next Year | ||
| Common Stock Shares Outstanding | 170 K | 178.5 K |
Edible Garden Stock Technical Analysis
Edible Garden 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
Edible Garden Period Price Range
Low | November 29, 2024
| High |
0.00 | 0.00 |
Edible Garden AG 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.
Edible Garden November 29, 2024 Market Strength
Market strength indicators help investors to evaluate how Edible Garden stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Edible Garden shares will generate the highest return on investment. By undertsting and applying Edible Garden stock market strength indicators, traders can identify Edible Garden AG entry and exit signals to maximize returns
Edible Garden Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Edible Garden's price direction in advance. Along with the technical and fundamental analysis of Edible Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Edible 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 | 0.1279 | |||
| Jensen Alpha | 7.25 | |||
| Total Risk Alpha | 0.1336 | |||
| Sortino Ratio | 0.2168 | |||
| Treynor Ratio | (0.69) |
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Additional Tools for Edible Stock Analysis
When running Edible Garden's price analysis, check to measure Edible Garden'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 Edible Garden is operating at the current time. Most of Edible Garden's value examination focuses on studying past and present price action to predict the probability of Edible Garden's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Edible Garden's price. Additionally, you may evaluate how the addition of Edible Garden to your portfolios can decrease your overall portfolio volatility.