Elastic Nv Stock Price on November 27, 2024
| ESTC Stock | USD 109.46 0.67 0.61% |
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 109.46, as last reported on the 1st of December, with the highest price reaching 112.38 and the lowest price hitting 109.30 during the day.
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 0.26, which denotes the company had a 0.26% return per unit of standard deviation over the last 3 months. By reviewing Elastic NV's technical indicators, you can evaluate if the expected return of 0.66% is justified by implied risk. Please utilize Elastic NV's Downside Deviation of 5.34, semi deviation of 4.74, and Mean Deviation of 2.03 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.
IPO Date 5th of October 2018 | 200 Day MA 99.974 | 50 Day MA 84.5838 | Beta 0.943 |
Elastic |
Sharpe Ratio = 0.2568
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| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
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Estimated Market Risk
| 2.57 actual daily | 22 78% of assets are more volatile |
Expected Return
| 0.66 actual daily | 13 87% of assets have higher returns |
Risk-Adjusted Return
| 0.26 actual daily | 20 80% of assets perform better |
Based on monthly moving average Elastic NV is performing at about 20% 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 13.9781 | Enterprise Value Ebitda (125.21) | Price Sales 8.6397 | Shares Float 86.8 M | Wall Street Target Price 126.7878 |
Elastic NV Main Headline on 27th of November 2024
Decoding Elastic NV A Strategic SWOT Insight by gurufocus.com
Strengths Robust subscription revenue growth and a diverse product suite with AI integration.Weaknesses Operating losses and net loss per share indicate fina
Elastic NV Valuation on November 27, 2024
It is possible to determine the worth of Elastic NV on a given historical date. On November 27, 2024 Elastic was worth 111.05 at the beginning of the trading date compared to the closed value of 110.13. 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 | |
| 111.00 | 112.62 | 109.21 | 111.53 | 1,845,913 | |
11/27/2024 | 111.05 | 112.55 | 108.20 | 110.13 | 1,496,826 |
| 110.17 | 112.38 | 109.30 | 109.46 | 821,642 |
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Elastic NV Trading Date Momentum on November 27, 2024
| On November 29 2024 Elastic NV was traded for 109.46 at the closing time. The top price for the day was 112.38 and the lowest listed price was 109.30 . The trading volume for the day was 821.6 K. The trading history from November 29, 2024 was a factor to the next trading day price decrease. The overall trading delta against the next closing price was 0.61% . The overall trading delta against the current closing price is 0.04% . |
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 Reported | Projected for Next Year | ||
| Common Stock Shares Outstanding | 104 M | 87.6 M | |
| Net Loss | -212.5 M | -223.2 M |
Elastic NV Quarterly Net Working Capital |
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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.
Price Boundaries
Elastic NV Period Price Range
Low | December 1, 2024
| High |
0.00 | 0.00 |
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 December 1, 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.
| Risk Adjusted Performance | 0.0427 | |||
| Jensen Alpha | (0.03) | |||
| Total Risk Alpha | (0.52) | |||
| Sortino Ratio | 0.0099 | |||
| Treynor Ratio | 0.1109 |
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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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