Edible Garden Ag Stock Price on October 2, 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 26th of November, with the highest price reaching 0.02 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 0.15, which denotes the company had a 0.15% 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 21.45% are justified by taking the suggested risk. Use Edible Garden Coefficient Of Variation of 648.81, mean deviation of 26.3, and Downside Deviation of 28.09 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.

Sharpe Ratio = 0.1501

Best PortfolioBest EquityEDBLW
Good Returns
Average Returns
Small Returns
CashSmall RiskAverage RiskHigh RiskHuge Risk
Negative Returns

Estimated Market Risk

 142.96
  actual daily
96
96% of assets are less volatile

Expected Return

 5.01
  actual daily
96
96% of assets have lower returns

Risk-Adjusted Return

 0.15
  actual daily
11
89% of assets perform better
Based on monthly moving average Edible Garden is performing at about 11% 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
58.1 K
Earnings Share
(1.31)
Shares Short
52.1 K

Related Headline

Nomad Foods Headline on 2nd of October 2024

Nomads 2024 iPhone case collection has once again been one of the more popular options among readers and staffers here at 9to5. Its full-wrap Traditional Leather iPhone 16 case is simply gorgeous, and my favorite so far. But now its time to look at something a little bit different, something perhaps for folks that like

Edible Garden Valuation on October 2, 2024

It is possible to determine the worth of Edible Garden on a given historical date. On October 2, 2024 Edible was worth 0.0145 at the beginning of the trading date compared to the closed value of 0.0145. 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
  0.01    0.01    0.01    0.01    100.00  
10/02/2024
  0.01    0.01    0.01    0.01    936.00  
  0.01    0.01    0.01    0.01    350.00  
Backtest Edible Garden  |  Edible Garden History  |  Edible Garden Valuation   PreviousNext  
Open Value
0.0145
0.0001
Downside
0.0145
Closing Value
428.89
Upside

Edible Garden Trading Date Momentum on October 2, 2024

On October 04 2024 Edible Garden AG was traded for  0.01  at the closing time. The highest daily price throughout the period was 0.01  and the lowest price was  0.01 . The daily volume was 350. The net trading volume on 10/04/2024 added to the next day price reduction. The overall trading delta to closing price of the next trading day was 1.38% . The overall trading delta to current closing price is 36.55% .

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 ReportedProjected for Next Year
Common Stock Shares Outstanding170 K178.5 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.
A focus of Edible Garden technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of Edible Garden trading pattern rather than external drivers such as economic, fundamental, or social events. It is believed that price action tends to repeat itself due to investors' collective, patterned behavior. Hence technical analysis focuses on identifiable price trends and conditions. More Info...

Price Boundaries

Edible Garden Period Price Range

Low
November 26, 2024
0.00  NaN%
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 26, 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.

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.