EROAD (Australia) Price on June 26, 2024
| ERD Stock | 0.83 0.01 1.19% |
Below is the normalized historical share price chart for EROAD extending back to September 22, 2020. 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 EROAD stands at 0.83, as last reported on the 26th of November, with the highest price reaching 0.84 and the lowest price hitting 0.78 during the day.
If you're considering investing in EROAD Stock, it is important to understand the factors that can impact its price. EROAD secures Sharpe Ratio (or Efficiency) of -0.11, which denotes the company had a -0.11% return per unit of risk over the last 3 months. EROAD exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm EROAD's Standard Deviation of 3.33, coefficient of variation of (810.19), and Mean Deviation of 2.45 to check the risk estimate we provide.
At this time, EROAD's Total Stockholder Equity is comparatively stable compared to the past year. Liabilities And Stockholders Equity is likely to gain to about 455.2 M in 2024, whereas Capital Stock is likely to drop slightly above 256.3 M in 2024. . EROAD Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
200 Day MA 0.9394 | 50 Day MA 0.9065 | Beta 2.035 |
EROAD |
Sharpe Ratio = -0.1126
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| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
| Negative Returns | ERD |
Estimated Market Risk
| 3.34 actual daily | 29 71% of assets are more volatile |
Expected Return
| -0.38 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| -0.11 actual daily | 0 Most of other assets perform better |
Based on monthly moving average EROAD 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 EROAD by adding EROAD to a well-diversified portfolio.
Price Book 0.561 | Book Value 1.643 | Enterprise Value 176.2 M | Enterprise Value Ebitda 4.5718 | Price Sales 0.9043 |
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EROAD Valuation on June 26, 2024
It is possible to determine the worth of EROAD on a given historical date. On June 26, 2024 EROAD was worth 0.93 at the beginning of the trading date compared to the closed value of 0.94. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of EROAD stock. Still, in general, we apply an absolute valuation method to find EROAD'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 EROAD where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against EROAD's related companies.
| Open | High | Low | Close | Volume | |
| 0.94 | 0.95 | 0.92 | 0.95 | 208,221 | |
06/26/2024 | 0.93 | 0.94 | 0.92 | 0.94 | 76,250 |
| 0.92 | 0.94 | 0.90 | 0.94 | 39,231 |
| Backtest EROAD | | | EROAD History | | | EROAD Valuation | Previous | Next |
EROAD Trading Date Momentum on June 26, 2024
| On June 27 2024 EROAD was traded for 0.94 at the closing time. The maximum traded price for the trading interval was 0.94 and the lowest daily price was 0.90 . The daily volume was recorded at 39.2 K. The volume of trading on 27th of June 2024 did not affect price variability. The overall trading delta to the closing price today is 23.40% . |
EROAD Fundamentals Correlations and Trends
By evaluating EROAD'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 EROAD's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. EROAD financial account trend analysis is a perfect complement when working with valuation or volatility modules.About EROAD Stock history
EROAD 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 EROAD is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in EROAD 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 EROAD stock prices may prove useful in developing a viable investing in EROAD
| Last Reported | Projected for Next Year | ||
| Common Stock Shares Outstanding | 149.7 M | 93.6 M | |
| Net Loss | -8.6 M | -8.2 M |
EROAD Stock Technical Analysis
EROAD 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
EROAD Period Price Range
Low | November 26, 2024
| High |
0.00 | 0.00 |
EROAD 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.
EROAD November 26, 2024 Market Strength
Market strength indicators help investors to evaluate how EROAD stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading EROAD shares will generate the highest return on investment. By undertsting and applying EROAD stock market strength indicators, traders can identify EROAD entry and exit signals to maximize returns
EROAD Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for EROAD's price direction in advance. Along with the technical and fundamental analysis of EROAD Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of EROAD 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 | (0.09) | |||
| Jensen Alpha | (0.39) | |||
| Total Risk Alpha | (0.94) | |||
| Treynor Ratio | 1.56 |
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Additional Tools for EROAD Stock Analysis
When running EROAD's price analysis, check to measure EROAD'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 EROAD is operating at the current time. Most of EROAD's value examination focuses on studying past and present price action to predict the probability of EROAD's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move EROAD's price. Additionally, you may evaluate how the addition of EROAD to your portfolios can decrease your overall portfolio volatility.