Electric Royalties Stock Price on April 24, 2024
| ELECF Stock | USD 0.16 0.01 6.67% |
If you're considering investing in Electric OTC Stock, it is important to understand the factors that can impact its price. As of today, the current price of Electric Royalties stands at 0.16, as last reported on the 30th of November, with the highest price reaching 0.16 and the lowest price hitting 0.15 during the day. Electric Royalties appears to be out of control, given 3 months investment horizon. Electric Royalties secures Sharpe Ratio (or Efficiency) of 0.0657, which denotes the company had a 0.0657% return per unit of risk over the last 3 months. By reviewing Electric Royalties' technical indicators, you can evaluate if the expected return of 0.57% is justified by implied risk. Please utilize Electric Royalties' Downside Deviation of 11.08, coefficient of variation of 1277.94, and Mean Deviation of 6.16 to check if our risk estimates are consistent with your expectations.
Electric OTC Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
Electric |
Sharpe Ratio = 0.0657
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Estimated Market Risk
| 8.75 actual daily | 77 77% of assets are less volatile |
Expected Return
| 0.57 actual daily | 11 89% of assets have higher returns |
Risk-Adjusted Return
| 0.07 actual daily | 5 95% of assets perform better |
Based on monthly moving average Electric Royalties is performing at about 5% 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 Electric Royalties by adding it to a well-diversified portfolio.
Electric Royalties Valuation on April 24, 2024
It is possible to determine the worth of Electric Royalties on a given historical date. On April 24, 2024 Electric was worth 0.19 at the beginning of the trading date compared to the closed value of 0.19. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Electric Royalties otc stock. Still, in general, we apply an absolute valuation method to find Electric Royalties' 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 Electric Royalties where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Electric Royalties' related companies.
| Open | High | Low | Close | Volume | |
| 0.19 | 0.19 | 0.19 | 0.19 | 42,003 | |
04/24/2024 | 0.19 | 0.19 | 0.19 | 0.19 | 45,700 |
| 0.19 | 0.19 | 0.17 | 0.17 | 189,067 |
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Electric Royalties Trading Date Momentum on April 24, 2024
| On April 25 2024 Electric Royalties was traded for 0.17 at the closing time. The highest daily price throughout the period was 0.19 and the lowest price was 0.17 . The daily volume was 189.1 K. The net trading volume on 04/25/2024 added to the next day price reduction. The overall trading delta to closing price of the next trading day was 10.53% . The overall trading delta to current closing price is 15.79% . |
Electric Royalties Fundamentals Correlations and Trends
By evaluating Electric Royalties' financials over time, investors can gain insight into future company performance. However, you can also analyze the published financial statements to find patterns among Electric Royalties' main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Electric financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Electric Royalties OTC Stock history
Electric Royalties 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 Electric is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Electric Royalties 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 Electric Royalties stock prices may prove useful in developing a viable investing in Electric Royalties
Electric Royalties Ltd. focuses on acquiring royalties in mines and projects. The company primarily focuses on various commodities, including lithium, vanadium, manganese, tin, graphite, cobalt, nickel, and copper. Electric Royalties operates under Other Industrial Metals Mining classification in the United States and is traded on OTC Exchange. It employs 1 people.
Electric Royalties OTC Stock Technical Analysis
Electric Royalties 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
Electric Royalties Period Price Range
Low | November 30, 2024
| High |
0.00 | 0.00 |
Electric Royalties 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.
Electric Royalties November 30, 2024 Market Strength
Market strength indicators help investors to evaluate how Electric Royalties 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 Electric Royalties shares will generate the highest return on investment. By undertsting and applying Electric Royalties otc stock market strength indicators, traders can identify Electric Royalties entry and exit signals to maximize returns
Electric Royalties Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Electric Royalties' price direction in advance. Along with the technical and fundamental analysis of Electric OTC Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Electric 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 | 0.0689 | |||
| Jensen Alpha | 0.9695 | |||
| Total Risk Alpha | (0.78) | |||
| Sortino Ratio | 0.0492 | |||
| Treynor Ratio | (0.29) |
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Complementary Tools for Electric OTC Stock analysis
When running Electric Royalties' price analysis, check to measure Electric Royalties' 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 Electric Royalties is operating at the current time. Most of Electric Royalties' value examination focuses on studying past and present price action to predict the probability of Electric Royalties' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Electric Royalties' price. Additionally, you may evaluate how the addition of Electric Royalties to your portfolios can decrease your overall portfolio volatility.
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