Elanco Animal Health Stock Price on November 12, 2024
| ELAN Stock | USD 13.36 0.04 0.30% |
Below is the normalized historical share price chart for Elanco Animal Health extending back to September 20, 2018. 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 Elanco Animal stands at 13.36, as last reported on the 25th of November, with the highest price reaching 13.46 and the lowest price hitting 13.15 during the day.
If you're considering investing in Elanco Stock, it is important to understand the factors that can impact its price. Elanco Animal Health secures Sharpe Ratio (or Efficiency) of -0.0697, which denotes the company had a -0.0697% return per unit of standard deviation over the last 3 months. Elanco Animal Health exposes twenty-four different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm Elanco Animal's Coefficient Of Variation of (2,443), standard deviation of 2.55, and Mean Deviation of 1.61 to check the risk estimate we provide.
At this time, Elanco Animal's Total Stockholder Equity is very stable compared to the past year. As of the 25th of November 2024, Sale Purchase Of Stock is likely to grow to about 1.2 B, while Common Stock Shares Outstanding is likely to drop about 447.6 M. . At this time, Elanco Animal's Price Book Value Ratio is very stable compared to the past year. As of the 25th of November 2024, Price To Free Cash Flows Ratio is likely to grow to 103.21, while Price To Sales Ratio is likely to drop 1.58. Elanco Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
IPO Date 20th of September 2018 | 200 Day MA 14.8613 | 50 Day MA 13.7032 | Beta 1.417 |
Elanco |
Sharpe Ratio = -0.0697
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| Negative Returns | ELAN |
Estimated Market Risk
| 2.5 actual daily | 22 78% of assets are more volatile |
Expected Return
| -0.17 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| -0.07 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Elanco Animal 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 Elanco Animal by adding Elanco Animal to a well-diversified portfolio.
Price Book 1.0125 | Enterprise Value Ebitda 7.8321 | Price Sales 1.4828 | Shares Float 491.8 M | Wall Street Target Price 17.8418 |
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Elanco Animal Valuation on November 12, 2024
It is possible to determine the worth of Elanco Animal on a given historical date. On November 12, 2024 Elanco was worth 14.08 at the beginning of the trading date compared to the closed value of 14.12. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Elanco Animal stock. Still, in general, we apply an absolute valuation method to find Elanco Animal'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 Elanco Animal where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Elanco Animal's related companies.
| Open | High | Low | Close | Volume | |
| 14.18 | 14.44 | 14.02 | 14.27 | 3,245,556 | |
11/12/2024 | 14.08 | 14.71 | 14.02 | 14.12 | 3,947,085 |
| 14.17 | 14.32 | 14.13 | 14.19 | 3,458,290 |
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Elanco Animal Trading Date Momentum on November 12, 2024
| On November 13 2024 Elanco Animal Health was traded for 14.19 at the closing time. The top price for the day was 14.32 and the lowest listed price was 14.13 . The trading volume for the day was 3.5 M. The trading history from November 13, 2024 was a factor to the next trading day price boost. The overall trading delta against the next closing price was 0.50% . The overall trading delta against the current closing price is 5.31% . |
Elanco Animal Health Fundamentals Correlations and Trends
By evaluating Elanco Animal'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 Elanco Animal's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Elanco financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Elanco Animal Stock history
Elanco Animal 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 Elanco is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Elanco Animal Health 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 Elanco Animal stock prices may prove useful in developing a viable investing in Elanco Animal
| Last Reported | Projected for Next Year | ||
| Common Stock Shares Outstanding | 492.3 M | 447.6 M | |
| Net Loss | -70.2 M | -73.7 M |
Elanco Animal Quarterly Net Working Capital |
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Elanco Animal Stock Technical Analysis
Elanco Animal 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
Elanco Animal Period Price Range
Low | November 25, 2024
| High |
0.00 | 0.00 |
Elanco Animal Health cannot be verified against its exchange. Please verify the symbol is currently traded on New York Stock 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.
Elanco Animal November 25, 2024 Market Strength
Market strength indicators help investors to evaluate how Elanco Animal stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Elanco Animal shares will generate the highest return on investment. By undertsting and applying Elanco Animal stock market strength indicators, traders can identify Elanco Animal Health entry and exit signals to maximize returns
Elanco Animal Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Elanco Animal's price direction in advance. Along with the technical and fundamental analysis of Elanco Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Elanco 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 | (0.02) | |||
| Jensen Alpha | (0.18) | |||
| Total Risk Alpha | (0.52) | |||
| Treynor Ratio | (0.23) |
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Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Elanco Animal Health. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in nation. You can also try the Correlation Analysis module to reduce portfolio risk simply by holding instruments which are not perfectly correlated.
Is Pharmaceuticals space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Elanco Animal. If investors know Elanco will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Elanco Animal listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth (0.71) | Earnings Share 0.41 | Revenue Per Share 9.023 | Quarterly Revenue Growth (0.04) | Return On Assets 0.0118 |
The market value of Elanco Animal Health is measured differently than its book value, which is the value of Elanco that is recorded on the company's balance sheet. Investors also form their own opinion of Elanco Animal's value that differs from its market value or its book value, called intrinsic value, which is Elanco Animal's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Elanco Animal's market value can be influenced by many factors that don't directly affect Elanco Animal's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Elanco Animal's value and its price as these two are different measures arrived at by different means. Investors typically determine if Elanco Animal is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Elanco Animal's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.