Element Fleet Management Stock Price on June 11, 2024

EFN Stock  CAD 29.18  0.28  0.97%   
Below is the normalized historical share price chart for Element Fleet Management extending back to June 20, 2011. 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 Element Fleet stands at 29.18, as last reported on the 24th of December, with the highest price reaching 29.25 and the lowest price hitting 28.75 during the day.
200 Day MA
25.9799
50 Day MA
29.0914
Beta
0.914
 
Yuan Drop
 
Covid
If you're considering investing in Element Stock, it is important to understand the factors that can impact its price. As of now, Element Stock is very steady. Element Fleet Management secures Sharpe Ratio (or Efficiency) of 0.0556, which denotes the company had a 0.0556% return per unit of risk over the last 3 months. We have found twenty-eight technical indicators for Element Fleet Management, which you can use to evaluate the volatility of the firm. Please confirm Element Fleet's Mean Deviation of 0.8544, downside deviation of 1.14, and Coefficient Of Variation of 2143.58 to check if the risk estimate we provide is consistent with the expected return of 0.0684%.
  
At this time, Element Fleet's Stock Based Compensation is very stable compared to the past year. As of the 24th of December 2024, Stock Based Compensation To Revenue is likely to grow to 0.04, while Total Stockholder Equity is likely to drop about 3 B. . At this time, Element Fleet's Price To Sales Ratio is very stable compared to the past year. As of the 24th of December 2024, Price Earnings Ratio is likely to grow to 25.14, while Price Book Value Ratio is likely to drop 1.94. Element Stock price history is provided at the adjusted basis, taking into account all of the recent filings.

Sharpe Ratio = 0.0556

Best PortfolioBest Equity
Good Returns
Average Returns
Small Returns
CashEFNAverage RiskHigh RiskHuge Risk
Negative Returns

Estimated Market Risk

 1.23
  actual daily
10
90% of assets are more volatile

Expected Return

 0.07
  actual daily
1
99% of assets have higher returns

Risk-Adjusted Return

 0.06
  actual daily
4
96% of assets perform better
Based on monthly moving average Element Fleet 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 Element Fleet by adding it to a well-diversified portfolio.
Price Book
2.9448
Enterprise Value Ebitda
14.6175
Price Sales
7.4883
Shares Float
410 M
Wall Street Target Price
32.4375

Element Fleet Main Headline on 11th of June 2024

Element Fleet Management Corp. Senior Officer James Halliday Sells 32700 Shares of Stock Defense World

Element Fleet Valuation on June 11, 2024

It is possible to determine the worth of Element Fleet on a given historical date. On June 11, 2024 Element was worth 24.87 at the beginning of the trading date compared to the closed value of 24.55. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Element Fleet stock. Still, in general, we apply an absolute valuation method to find Element Fleet'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 Element Fleet where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Element Fleet's related companies.
 Open High Low Close Volume
  24.72    25.12    24.64    24.91    939,700  
06/11/2024
  24.87    25.11    24.42    24.55    644,400  
  24.66    24.72    24.24    24.33    424,500  
Backtest Element Fleet  |  Element Fleet History  |  Element Fleet Valuation   PreviousNext  
Open Value
24.87
24.55
Closing Value
28.56
Upside

Element Fleet Trading Date Momentum on June 11, 2024

On June 12 2024 Element Fleet Management was traded for  24.33  at the closing time. The maximum traded price for the trading interval was 24.72  and the lowest daily price was  24.24 . The daily volume was recorded at 424.5 K. The volume of trading on 12th of June 2024 played a part in the next trading day price drop. The overall trading delta to the next closing price was 0.90% . The overall trading delta to the closing price today is 3.26% .

Element Fleet Management Fundamentals Correlations and Trends

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

About Element Fleet Stock history

Element Fleet 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 Element is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Element Fleet Management 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 Element Fleet stock prices may prove useful in developing a viable investing in Element Fleet
Last ReportedProjected for Next Year
Common Stock Shares Outstanding405.2 M346.4 M
Net Income Applicable To Common Shares438.8 M460.7 M

Element Fleet Quarterly Net Working Capital

7.24 Billion

Element Fleet Stock Technical Analysis

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

Element Fleet Period Price Range

Low
December 24, 2024
0.00  NaN%
High

 0.00 

     

 0.00 

Element Fleet Management cannot be verified against its exchange. Please verify the symbol is currently traded on Toronto 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.

Element Fleet December 24, 2024 Market Strength

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

Element Fleet Technical and Predictive Indicators

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

Other Information on Investing in Element Stock

Element Fleet financial ratios help investors to determine whether Element Stock is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in Element with respect to the benefits of owning Element Fleet security.