Elastic Nv Stock Price on October 18, 2024

ESTC Stock  USD 111.48  3.45  3.19%   
Below is the normalized historical share price chart for Elastic NV extending back to October 05, 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 Elastic NV stands at 111.48, as last reported on the 26th of November, with the highest price reaching 116.23 and the lowest price hitting 110.35 during the day.
IPO Date
5th of October 2018
200 Day MA
100.2971
50 Day MA
81.7754
Beta
0.943
 
Covid
If you're considering investing in Elastic Stock, it is important to understand the factors that can impact its price. Elastic NV appears to be very steady, given 3 months investment horizon. Elastic NV secures Sharpe Ratio (or Efficiency) of 0.0529, which denotes the company had a 0.0529% return per unit of standard deviation over the last 3 months. We have found twenty-nine technical indicators for Elastic NV, which you can use to evaluate the volatility of the firm. Please utilize Elastic NV's Semi Deviation of 4.92, mean deviation of 2.04, and Downside Deviation of 5.37 to check if our risk estimates are consistent with your expectations.
  
At present, Elastic NV's Stock Based Compensation is projected to increase significantly based on the last few years of reporting. . At present, Elastic NV's Price Book Value Ratio is projected to increase significantly based on the last few years of reporting. The current year's Price To Operating Cash Flows Ratio is expected to grow to 109.01, whereas Price To Sales Ratio is forecasted to decline to 7.64. Elastic Stock price history is provided at the adjusted basis, taking into account all of the recent filings.

Sharpe Ratio = 0.0529

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Estimated Market Risk

 4.32
  actual daily
38
62% of assets are more volatile

Expected Return

 0.23
  actual daily
4
96% of assets have higher returns

Risk-Adjusted Return

 0.05
  actual daily
4
96% of assets perform better
Based on monthly moving average Elastic NV 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 Elastic NV by adding it to a well-diversified portfolio.
Price Book
13.7955
Enterprise Value Ebitda
(125.21)
Price Sales
8.4749
Shares Float
86.8 M
Wall Street Target Price
124.44

Elastic NV Valuation on October 18, 2024

It is possible to determine the worth of Elastic NV on a given historical date. On October 18, 2024 Elastic was worth 82.38 at the beginning of the trading date compared to the closed value of 81.57. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Elastic NV stock. Still, in general, we apply an absolute valuation method to find Elastic NV'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 Elastic NV where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Elastic NV's related companies.
 Open High Low Close Volume
  82.26    83.37    82.05    82.31    1,296,934  
10/18/2024
  82.38    83.00    81.42    81.57    1,189,008  
  81.47    82.15    80.25    80.45    909,511  
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Open Value
82.38
81.57
Closing Value
95.34
Upside

Elastic NV Trading Date Momentum on October 18, 2024

On October 21 2024 Elastic NV was traded for  80.45  at the closing time. The top price for the day was 82.15  and the lowest listed price was  80.25 . The trading volume for the day was 909.5 K. The trading history from October 21, 2024 was a factor to the next trading day price decrease. The overall trading delta against the next closing price was 1.37% . The overall trading delta against the current closing price is 1.92% .

Elastic NV Fundamentals Correlations and Trends

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

About Elastic NV Stock history

Elastic NV 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 Elastic is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Elastic NV 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 Elastic NV stock prices may prove useful in developing a viable investing in Elastic NV
Last ReportedProjected for Next Year
Common Stock Shares Outstanding104 M87.6 M
Net Loss-212.5 M-223.2 M

Elastic NV Quarterly Net Working Capital

697.93 Million

Elastic NV Stock Technical Analysis

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

Elastic NV Period Price Range

Low
November 26, 2024
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High

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Elastic NV 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.

Elastic NV November 26, 2024 Market Strength

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

Elastic NV Technical and Predictive Indicators

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

Complementary Tools for Elastic Stock analysis

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