Electrovaya Price on May 1, 2023
EFLVFDelisted Stock | USD 5.04 0.31 5.79% |
If you're considering investing in Electrovaya OTC Stock, it is important to understand the factors that can impact its price. As of today, the current price of Electrovaya stands at 5.04, as last reported on the 30th of November, with the highest price reaching 5.36 and the lowest price hitting 4.96 during the day. We have found thirty technical indicators for Electrovaya, which you can use to evaluate the volatility of the firm. Please confirm Electrovaya's Coefficient Of Variation of 873.8, downside deviation of 2.39, and Mean Deviation of 2.17 to check if the risk estimate we provide is consistent with the expected return of 0.0%.
Electrovaya OTC Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
Electrovaya |
Sharpe Ratio = 0.0
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Based on monthly moving average Electrovaya is not performing at its full potential. However, 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 Electrovaya by adding Electrovaya to a well-diversified portfolio.
Electrovaya Valuation on May 1, 2023
It is possible to determine the worth of Electrovaya on a given historical date. On May 1, 2023 Electrovaya was worth 0.77 at the beginning of the trading date compared to the closed value of 3.73. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Electrovaya otc stock. Still, in general, we apply an absolute valuation method to find Electrovaya'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 Electrovaya where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Electrovaya's related companies.
Open | High | Low | Close | Volume | |
0.74 | 3.70 | 3.70 | 3.70 | 101,551 | |
05/01/2023 | 0.77 | 3.73 | 3.73 | 3.73 | 7,061 |
0.74 | 3.69 | 3.69 | 3.69 | 32,525 |
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Electrovaya Trading Date Momentum on May 1, 2023
On May 02 2023 Electrovaya was traded for 3.69 at the closing time. The highest daily price throughout the period was 3.69 and the lowest price was 3.69 . The daily volume was 32.5 K. The net trading volume on 05/02/2023 added to the next day price reduction. The overall trading delta to closing price of the next trading day was 1.07% . The overall trading delta to current closing price is 81.23% . |
Electrovaya Fundamentals Correlations and Trends
By evaluating Electrovaya'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 Electrovaya's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Electrovaya financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Electrovaya OTC Stock history
Electrovaya 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 Electrovaya is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Electrovaya 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 Electrovaya stock prices may prove useful in developing a viable investing in Electrovaya
Electrovaya Inc., together with its subsidiaries, engages in the designing, developing, and manufacturing lithium-ion advanced battery and battery systems in North America. Electrovaya Inc. was founded in 1996 and is headquartered in Mississauga, Canada. Electrovaya is traded on OTC Exchange in the United States.
Electrovaya OTC Stock Technical Analysis
Electrovaya technical otc 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, otc market cycles, or different charting patterns.
Price Boundaries
Electrovaya Period Price Range
Low | November 30, 2024
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0.00 | 0.00 |
Electrovaya cannot be verified against its exchange. Please verify the symbol is currently traded on OTCQB 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.
Electrovaya November 30, 2024 Market Strength
Market strength indicators help investors to evaluate how Electrovaya otc stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Electrovaya shares will generate the highest return on investment. By undertsting and applying Electrovaya otc stock market strength indicators, traders can identify Electrovaya entry and exit signals to maximize returns
Electrovaya Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Electrovaya's price direction in advance. Along with the technical and fundamental analysis of Electrovaya OTC Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Electrovaya 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 | 0.0956 | |||
Jensen Alpha | 0.526 | |||
Total Risk Alpha | (0.22) | |||
Sortino Ratio | 0.1336 | |||
Treynor Ratio | (0.72) |
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Check out Investing Opportunities to better understand how to build diversified portfolios. Also, note that the market value of any otc stock could be closely tied with the direction of predictive economic indicators such as signals in real. You can also try the Commodity Channel module to use Commodity Channel Index to analyze current equity momentum.
Other Consideration for investing in Electrovaya OTC Stock
If you are still planning to invest in Electrovaya check if it may still be traded through OTC markets such as Pink Sheets or OTC Bulletin Board. You may also purchase it directly from the company, but this is not always possible and may require contacting the company directly. Please note that delisted stocks are often considered to be more risky investments, as they are no longer subject to the same regulatory and reporting requirements as listed stocks. Therefore, it is essential to carefully research the Electrovaya's history and understand the potential risks before investing.
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