Elcora Advanced Materials Price on January 22, 2024
| ECORFDelisted Stock | USD 0.09 0.08 900.00% |
If you're considering investing in Elcora Pink Sheet, it is important to understand the factors that can impact its price. As of today, the current price of Elcora Advanced stands at 0.09, as last reported on the 1st of March, with the highest price reaching 0.09 and the lowest price hitting 0.01 during the day. Elcora Advanced is out of control given 3 months investment horizon. Elcora Advanced Materials secures Sharpe Ratio (or Efficiency) of 0.44, which denotes the company had a 0.44 % return per unit of standard deviation over the last 3 months. We were able to interpolate data for thirty different technical indicators, which can help you to evaluate if expected returns of 172.33% are justified by taking the suggested risk. Use Elcora Advanced Mean Deviation of 338.27, semi deviation of 46.51, and Downside Deviation of 72.67 to evaluate company specific risk that cannot be diversified away.
Elcora Pink Sheet price history is provided at the adjusted basis, taking into account all of the recent filings.
Elcora |
Sharpe Ratio = 0.4448
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Estimated Market Risk
| 387.46 actual daily | 96 96% of assets are less volatile |
Expected Return
| 5.01 actual daily | 96 96% of assets have lower returns |
Risk-Adjusted Return
| 0.44 actual daily | 35 65% of assets perform better |
Based on monthly moving average Elcora Advanced is performing at about 35% 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.
Elcora Advanced Valuation on January 22, 2024
It is possible to determine the worth of Elcora Advanced on a given historical date. On January 22, 2024 Elcora was worth 0.22 at the beginning of the trading date compared to the closed value of 0.22. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Elcora Advanced pink sheet. 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 | |
| 0.20 | 0.20 | 0.20 | 0.20 | 101.00 | |
01/22/2024 | 0.22 | 0.22 | 0.22 | 0.22 | 1,300 |
| 0.02 | 0.02 | 0.02 | 0.02 | 1.00 |
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Elcora Advanced Trading Date Momentum on January 22, 2024
| On January 23 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 1.0. Lack of trading volume on 01/23/2024 added to the next day price reduction. The overall trading delta to closing price of the next trading day was 89.86% . The overall trading delta to current closing price is 18.18% . |
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 Pink Sheet 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
Elcora Advanced Materials Corp., engages in the exploration of mineral properties in Canada. Elcora Advanced Materials Corp. was incorporated in 2011 and is headquartered in Bedford, Canada. Elcora Resources is traded on OTC Exchange in the United States.
Elcora Advanced Pink Sheet Technical Analysis
Elcora Advanced technical pink sheet 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, pink sheet market cycles, or different charting patterns.
Price Boundaries
Elcora Advanced Period Price Range
Low | March 1, 2025
| High |
0.00 | 0.00 |
Elcora Advanced Materials cannot be verified against its exchange. Please verify the symbol is currently traded on PINK 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 March 1, 2025 Market Strength
Market strength indicators help investors to evaluate how Elcora Advanced pink sheet 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 pink sheet 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 Pink Sheet 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.
| Risk Adjusted Performance | 0.3524 | |||
| Jensen Alpha | 190.26 | |||
| Total Risk Alpha | 206.02 | |||
| Sortino Ratio | 2.66 | |||
| Treynor Ratio | (1.59) |
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Check out Investing Opportunities to better understand how to build diversified portfolios. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in metropolitan statistical area. You can also try the Positions Ratings module to determine portfolio positions ratings based on digital equity recommendations. Macroaxis instant position ratings are based on combination of fundamental analysis and risk-adjusted market performance.
Other Consideration for investing in Elcora Pink Sheet
If you are still planning to invest in Elcora Advanced Materials check if it may still be traded through OTC markets such as Pink Sheets or OTC Bulletin Board. You may also purchase it directly from the company, but this is not always possible and may require contacting the company directly. Please note that delisted stocks are often considered to be more risky investments, as they are no longer subject to the same regulatory and reporting requirements as listed stocks. Therefore, it is essential to carefully research the Elcora Advanced's history and understand the potential risks before investing.
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