Elec Tech (China) Price on December 3, 2024
| 002005 Stock | 1.66 0.01 0.61% |
Below is the normalized historical share price chart for Elec Tech International Co extending back to June 25, 2004. 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 Elec Tech stands at 1.66, as last reported on the 22nd of January, with the highest price reaching 1.67 and the lowest price hitting 1.64 during the day.
If you're considering investing in Elec Stock, it is important to understand the factors that can impact its price. Elec Tech appears to be very risky, given 3 months investment horizon. Elec Tech International secures Sharpe Ratio (or Efficiency) of 0.15, which denotes the company had a 0.15 % return per unit of risk over the last 3 months. We have found twenty-nine technical indicators for Elec Tech International Co, which you can use to evaluate the volatility of the firm. Please utilize Elec Tech's Mean Deviation of 2.55, coefficient of variation of 620.89, and Downside Deviation of 3.07 to check if our risk estimates are consistent with your expectations.
The current year's Common Stock is expected to grow to about 2.1 B, whereas Total Stockholder Equity is forecasted to decline to about 416.5 M. . Elec Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
IPO Date 8th of June 2004 | 200 Day MA 1.1702 | 50 Day MA 1.3798 | Beta 0.511 |
Elec |
Sharpe Ratio = 0.15
| Best Portfolio | Best Equity | |||
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| Small Returns | 002005 | |||
| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
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Estimated Market Risk
| 3.11 actual daily | 27 73% of assets are more volatile |
Expected Return
| 0.47 actual daily | 9 91% of assets have higher returns |
Risk-Adjusted Return
| 0.15 actual daily | 11 89% of assets perform better |
Based on monthly moving average Elec Tech is performing at about 11% 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 Elec Tech by adding it to a well-diversified portfolio.
Price Book 9.047 | Enterprise Value Ebitda (4.33) | Price Sales 3.8932 | Shares Float 1 B | Wall Street Target Price 21 |
Elec Tech Main Headline on 3rd of December 2024
Elec-Tech International Co., Ltd.s biggest owners are indivi... by news.google.com
Elec-Tech International Co., Ltd.s biggest owners are individual investors who got richer after stock soared 12 percent last week Simply Wall St
Elec Tech Valuation on December 3, 2024
It is possible to determine the worth of Elec Tech on a given historical date. On December 3, 2024 Elec was worth 1.79 at the beginning of the trading date compared to the closed value of 1.87. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Elec Tech stock. Still, in general, we apply an absolute valuation method to find Elec Tech'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 Elec Tech where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Elec Tech's related companies.
| Open | High | Low | Close | Volume | |
| 1.73 | 1.78 | 1.73 | 1.78 | 15,244,279 | |
12/03/2024 | 1.79 | 1.87 | 1.76 | 1.87 | 22,342,800 |
| 1.96 | 1.96 | 1.96 | 1.96 | 8,190,803 |
| Backtest Elec Tech | | | Elec Tech History | | | Elec Tech Valuation | Previous | Next |
Elec Tech Trading Date Momentum on December 3, 2024
| On December 04 2024 Elec Tech International Co was traded for 1.96 at the closing time. The highest price during the trading period was 1.96 and the lowest recorded bid was listed for 1.96 . The volume for the day was 8.2 M. This history from December 4, 2024 contributed to the next trading day price jump. The daily price change to the next closing price was 4.81% . The overall trading delta to the current price is 12.30% . |
Elec Tech International Fundamentals Correlations and Trends
By evaluating Elec Tech'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 Elec Tech's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Elec financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Elec Tech Stock history
Elec Tech 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 Elec is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Elec Tech International 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 Elec Tech stock prices may prove useful in developing a viable investing in Elec Tech
| Last Reported | Projected for Next Year | ||
| Common Stock Shares Outstanding | 1.6 B | 1.4 B | |
| Net Loss | -331.8 M | -348.4 M |
Elec Tech Stock Technical Analysis
Elec Tech 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
Elec Tech Period Price Range
Low | January 22, 2025
| High |
0.00 | 0.00 |
Elec Tech International Co cannot be verified against its exchange. Please verify the symbol is currently traded on Shenzhen 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.
Elec Tech January 22, 2025 Market Strength
Market strength indicators help investors to evaluate how Elec Tech stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Elec Tech shares will generate the highest return on investment. By undertsting and applying Elec Tech stock market strength indicators, traders can identify Elec Tech International Co entry and exit signals to maximize returns
Elec Tech Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Elec Tech's price direction in advance. Along with the technical and fundamental analysis of Elec Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Elec 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 | 0.1432 | |||
| Jensen Alpha | 0.4813 | |||
| Total Risk Alpha | 0.3951 | |||
| Sortino Ratio | 0.1519 | |||
| Treynor Ratio | 1.1 |
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Complementary Tools for Elec Stock analysis
When running Elec Tech's price analysis, check to measure Elec Tech'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 Elec Tech is operating at the current time. Most of Elec Tech's value examination focuses on studying past and present price action to predict the probability of Elec Tech's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Elec Tech's price. Additionally, you may evaluate how the addition of Elec Tech to your portfolios can decrease your overall portfolio volatility.
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