Elite Education Group Stock Price on November 25, 2024

EEIQ Stock  USD 1.03  0.02  1.98%   
If you're considering investing in Elite Stock, it is important to understand the factors that can impact its price. As of today, the current price of Elite Education stands at 1.03, as last reported on the 28th of November, with the highest price reaching 1.03 and the lowest price hitting 0.99 during the day. Elite Education appears to be very risky, given 3 months investment horizon. Elite Education Group secures Sharpe Ratio (or Efficiency) of 0.13, which denotes the company had a 0.13% return per unit of risk over the last 3 months. By reviewing Elite Education's technical indicators, you can evaluate if the expected return of 0.73% is justified by implied risk. Please utilize Elite Education's Coefficient Of Variation of 907.63, downside deviation of 5.48, and Mean Deviation of 3.79 to check if our risk estimates are consistent with your expectations.
  
At this time, Elite Education's Total Stockholder Equity is relatively stable compared to the past year. As of 11/28/2024, Other Stockholder Equity is likely to grow to about 22 M, while Common Stock Shares Outstanding is likely to drop slightly above 10.9 M. . As of 11/28/2024, Price To Sales Ratio is likely to drop to 1.88. In addition to that, Price Earnings Ratio is likely to grow to -1.59. Elite Stock price history is provided at the adjusted basis, taking into account all of the recent filings.

Sharpe Ratio = 0.1334

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Estimated Market Risk

 5.49
  actual daily
48
52% of assets are more volatile

Expected Return

 0.73
  actual daily
14
86% of assets have higher returns

Risk-Adjusted Return

 0.13
  actual daily
10
90% of assets perform better
Based on monthly moving average Elite Education is performing at about 10% 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 Elite Education by adding it to a well-diversified portfolio.
Price Book
1.8835
Enterprise Value Ebitda
(1.14)
Price Sales
2.0678
Shares Float
4.1 M
Wall Street Target Price
2.3

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Elite Education Valuation on November 25, 2024

It is possible to determine the worth of Elite Education on a given historical date. On November 25, 2024 Elite was worth 1.0 at the beginning of the trading date compared to the closed value of 1.01. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Elite Education stock. Still, in general, we apply an absolute valuation method to find Elite Education'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 Elite Education where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Elite Education's related companies.
 Open High Low Close Volume
  1.02    1.03    0.98    1.02    5,568  
11/25/2024
  1.00    1.05    0.96    1.01    8,251  
  0.99    1.03    0.99    1.03    3,998  
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Open Value
1.0
1.01
Closing Value
17.47
Upside

Elite Education Trading Date Momentum on November 25, 2024

On November 26 2024 Elite Education Group was traded for  1.03  at the closing time. The top price for the day was 1.03  and the lowest listed price was  0.99 . The trading volume for the day was 4 K. The trading history from November 26, 2024 was a factor to the next trading day price gain. The overall trading delta against the next closing price was 1.98% . The overall trading delta against the current closing price is 1.98% .

Elite Education Group Fundamentals Correlations and Trends

By evaluating Elite Education'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 Elite Education's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Elite financial account trend analysis is a perfect complement when working with valuation or volatility modules.

About Elite Education Stock history

Elite Education 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 Elite is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Elite Education Group 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 Elite Education stock prices may prove useful in developing a viable investing in Elite Education
Last ReportedProjected for Next Year
Common Stock Shares Outstanding13.4 M10.9 M
Net Loss-5.5 M-5.2 M

Elite Education Quarterly Net Working Capital

1.83 Million

Elite Education Stock Technical Analysis

Elite Education 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 Elite Education technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of Elite Education 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

Elite Education Period Price Range

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November 28, 2024
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Elite Education Group 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.

Elite Education November 28, 2024 Market Strength

Market strength indicators help investors to evaluate how Elite Education stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Elite Education shares will generate the highest return on investment. By undertsting and applying Elite Education stock market strength indicators, traders can identify Elite Education Group entry and exit signals to maximize returns

Elite Education Technical and Predictive Indicators

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

When running Elite Education's price analysis, check to measure Elite Education'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 Elite Education is operating at the current time. Most of Elite Education's value examination focuses on studying past and present price action to predict the probability of Elite Education's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Elite Education's price. Additionally, you may evaluate how the addition of Elite Education to your portfolios can decrease your overall portfolio volatility.