Elcora Advanced Materials Stock Price on December 3, 2024

ERA Stock  CAD 0.02  0.00  0.00%   
Below is the normalized historical share price chart for Elcora Advanced Materials extending back to May 24, 2012. 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 Elcora Advanced stands at 0.02, as last reported on the 3rd of December, with the highest price reaching 0.02 and the lowest price hitting 0.02 during the day.
200 Day MA
0.0257
50 Day MA
0.0204
Beta
0.561
 
Yuan Drop
 
Covid
If you're considering investing in Elcora Stock, it is important to understand the factors that can impact its price. Elcora Advanced appears to be out of control, given 3 months investment horizon. Elcora Advanced Materials secures Sharpe Ratio (or Efficiency) of 0.0514, which denotes the company had a 0.0514% return per unit of standard deviation over the last 3 months. By reviewing Elcora Advanced's technical indicators, you can evaluate if the expected return of 0.56% is justified by implied risk. Please utilize Elcora Advanced's Downside Deviation of 24.8, mean deviation of 4.51, and Semi Deviation of 7.14 to check if our risk estimates are consistent with your expectations.
  
At this time, Elcora Advanced's Common Stock Shares Outstanding is fairly stable compared to the past year. Liabilities And Stockholders Equity is likely to climb to about 2.9 M in 2024, whereas Common Stock is likely to drop slightly above 13.9 M in 2024. . Price Earnings To Growth Ratio is likely to climb to 0.30 in 2024, whereas Price To Sales Ratio is likely to drop 33.07 in 2024. Elcora Stock price history is provided at the adjusted basis, taking into account all of the recent filings.

Sharpe Ratio = 0.0514

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Estimated Market Risk

 10.81
  actual daily
96
96% of assets are less volatile

Expected Return

 0.56
  actual daily
11
89% of assets have higher returns

Risk-Adjusted Return

 0.05
  actual daily
4
96% of assets perform better
Based on monthly moving average Elcora Advanced is performing at about 4% 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 Elcora Advanced by adding it to a well-diversified portfolio.
Price Book
135.9021
Enterprise Value Ebitda
(32.57)
Price Sales
28.1661
Shares Float
157.5 M
Earnings Share
(0.01)

Elcora Advanced Valuation on December 3, 2024

It is possible to determine the worth of Elcora Advanced on a given historical date. On December 3, 2024 Elcora was worth 0.02 at the beginning of the trading date compared to the closed value of 0.02. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Elcora Advanced stock. Still, in general, we apply an absolute valuation method to find Elcora Advanced'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 Elcora Advanced where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Elcora Advanced's related companies.
 Open High Low Close Volume
  0.02    0.02    0.02    0.02    1.00  
12/03/2024
  0.02    0.02    0.02    0.02    0.00  
Backtest Elcora Advanced  |  Elcora Advanced History  |  Elcora Advanced Valuation   Previous
Open Value
0.02
0.0002
Downside
0.02
Closing Value
32.44
Upside

Elcora Advanced Trading Date Momentum on December 3, 2024

On December 03 2024 Elcora Advanced Materials was traded for  0.02  at the closing time. The highest daily price throughout the period was 0.02  and the lowest price was  0.02 . There was no trading activity during the period 0.0. Lack of trading volume on 12/03/2024 did not affect price variability. The overall trading delta to current closing price is 0.00% .

Elcora Advanced Materials Fundamentals Correlations and Trends

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

About Elcora Advanced Stock history

Elcora Advanced 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 Elcora is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Elcora Advanced Materials 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 Elcora Advanced stock prices may prove useful in developing a viable investing in Elcora Advanced
Last ReportedProjected for Next Year
Common Stock Shares Outstanding170.4 M178.9 M
Net Loss-1.8 M-1.9 M

Elcora Advanced Stock Technical Analysis

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

Elcora Advanced Period Price Range

Low
December 3, 2024
0.00  NaN%
High

 0.00 

     

 0.00 

Elcora Advanced Materials cannot be verified against its exchange. Please verify the symbol is currently traded on TSX Venture 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.

Elcora Advanced December 3, 2024 Market Strength

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

Elcora Advanced Technical and Predictive Indicators

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

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