Elevate Uranium (Australia) Price on November 20, 2024

EL8 Stock   0.31  0.01  3.13%   
Below is the normalized historical share price chart for Elevate Uranium extending back to April 02, 1993. 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 Elevate Uranium stands at 0.31, as last reported on the 26th of November, with the highest price reaching 0.32 and the lowest price hitting 0.31 during the day.
200 Day MA
0.4134
50 Day MA
0.3445
Beta
0.955
 
Dot-com Bubble
 
Housing Crash
 
Credit Downgrade
 
Yuan Drop
 
Covid
If you're considering investing in Elevate Stock, it is important to understand the factors that can impact its price. Currently, Elevate Uranium is out of control. Elevate Uranium secures Sharpe Ratio (or Efficiency) of 0.0034, which denotes the company had a 0.0034% return per unit of risk over the last 3 months. We have found thirty technical indicators for Elevate Uranium, which you can use to evaluate the volatility of the firm. Please confirm Elevate Uranium's Coefficient Of Variation of 2659.67, downside deviation of 6.16, and Mean Deviation of 4.46 to check if the risk estimate we provide is consistent with the expected return of 0.0198%.
  
At this time, Elevate Uranium's Total Stockholder Equity is comparatively stable compared to the past year. Liabilities And Stockholders Equity is likely to gain to about 13.9 M in 2024, whereas Issuance Of Capital Stock is likely to drop slightly above 258.8 K in 2024. . Elevate Stock price history is provided at the adjusted basis, taking into account all of the recent filings.

Sharpe Ratio = 0.0034

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Estimated Market Risk

 5.8
  actual daily
51
51% of assets are less volatile

Expected Return

 0.02
  actual daily
0
Most of other assets have higher returns

Risk-Adjusted Return

 0.0
  actual daily
0
Most of other assets perform better
Based on monthly moving average Elevate Uranium 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 Elevate Uranium by adding Elevate Uranium to a well-diversified portfolio.
Price Book
8.8271
Book Value
0.038
Enterprise Value
93.2 M
Enterprise Value Ebitda
(10.46)
Price Sales
580.6 K

Related Headline

Westpac Banking Headline on 20th of November 2024

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Elevate Uranium Valuation on November 20, 2024

It is possible to determine the worth of Elevate Uranium on a given historical date. On November 20, 2024 Elevate was worth 0.32 at the beginning of the trading date compared to the closed value of 0.32. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Elevate Uranium stock. Still, in general, we apply an absolute valuation method to find Elevate Uranium'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 Elevate Uranium where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Elevate Uranium's related companies.
 Open High Low Close Volume
  0.32    0.33    0.31    0.32    1,102,715  
11/20/2024
  0.32    0.32    0.30    0.32    638,895  
  0.30    0.31    0.30    0.31    247,801  
Backtest Elevate Uranium  |  Elevate Uranium History  |  Elevate Uranium Valuation   PreviousNext  
Open Value
0.32
0.32
Closing Value
17.71
Upside

Elevate Uranium Trading Date Momentum on November 20, 2024

On November 21 2024 Elevate Uranium was traded for  0.31  at the closing time. The maximum traded price for the trading interval was 0.31  and the lowest daily price was  0.30 . The daily volume was recorded at 247.8 K. The volume of trading on 21st of November 2024 played a part in the next trading day price drop. The overall trading delta to the next closing price was 3.13% . The overall trading delta to the closing price today is 3.13% .

Elevate Uranium Fundamentals Correlations and Trends

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

About Elevate Uranium Stock history

Elevate Uranium 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 Elevate is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Elevate Uranium 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 Elevate Uranium stock prices may prove useful in developing a viable investing in Elevate Uranium
Last ReportedProjected for Next Year
Common Stock Shares Outstanding294.8 M309.5 M
Net Loss-7.9 M-7.5 M

Elevate Uranium Quarterly Net Working Capital

9.19 Million

Elevate Uranium Stock Technical Analysis

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

Elevate Uranium Period Price Range

Low
November 26, 2024
0.00  NaN%
High

 0.00 

     

 0.00 

Elevate Uranium cannot be verified against its exchange. Please verify the symbol is currently traded on Australian Securities 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.

Elevate Uranium November 26, 2024 Market Strength

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

Elevate Uranium Technical and Predictive Indicators

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

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